Foreign Credentialing Commission on Physical Therapy

Not tax-deductible

Alexandria, VA501(c)(6)Health CareEIN 54-1907410

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The Foreign Credentialing Commission on Physical Therapy (fccpt) is a non-profit organization that evaluates the credentials of Foreign-educated Physical therapists and Physical therapist assistants (fepts), and issues health care worker certificates to those who wish to immigrate and/or work in the united states.

Run by 4 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $390K a year · 13% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$186K
to officers and key staff · 9% of spending
Top officer’s pay higher than 56% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.0M
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
+3% vs prior year
Spent
$2.1M
Net assets
$7.4M
By yearFY2020–FY2024
Revenue
$3.7M
FY2024▲ +3%
Revenue by fiscal year
FY2020$2.5M
FY2021$2.8M
FY2022$2.8M
FY2023$3.6M
FY2024$3.7M
Expenses
$2.1M
FY2024▼ -57%
Expenses by fiscal year
FY2020$2.2M
FY2021$2.2M
FY2022$2.0M
FY2023$4.9M
FY2024$2.1M
Net assets
$7.4M
FY2024▲ +38%
Net assets by fiscal year
FY2020$5.3M
FY2021$6.7M
FY2022$6.2M
FY2023$5.4M
FY2024$7.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990; $186K paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Director
$157,690Pt VII · Sec A
Chairperson
$8,000Pt VII · Sec A
Director
$4,000Pt VII · Sec A
Director
$4,000Pt VII · Sec A
Secretary/Treasurer
$4,000Pt VII · Sec A
Director
$4,000Pt VII · Sec A
Public Member
$4,000Pt VII · Sec A
CFO (thru 8/16/24)
$0Pt VII · Sec A

Jaime Nolan’s $158K as Managing Director is at the 56th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jaime Nolan$157,690$147,188$137,787$144,203$130,947
Edward Schmauss——$107,526$120,269$104,500
Betsy Becker$8,000$8,000$8,000$2,708$625
John Greany—$4,000$4,000$4,792$1,250
Ruth Maher$4,000————
Julia Funaki$4,000$4,000$4,000$417$625
Nirav Shah$4,000$4,000$4,000——
Myla Quiben$4,000$4,000$4,000——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Foreign Credentialing Commission on Physical Therapy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Evaluates foreign physical therapist credentials for U.S. work and immigration.

Provided by the organization

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1 program · in their own filed words · FY2024
01

During 2024, the commission reviewed the applications of approximately 3,572 foreign-educated physical therapists seeking to work in the united states, issued certifications to the qualified applicants, and provided resources to applicants in order to find coursework identified as deficiencies in their FCCPT evaluations.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $2.5M · 2023–2023

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Fees for servicesLn 2g$3.3M
Investment incomeLn 3$379K
Money outPt IX
$2.1M
Ln 25
Owns and owesPt X
$7.4M
net assets · Ln 32
Cash and savingsLn 1–2$515K
Total assetsLn 16$8.4M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
10
listed · VII A
PaidVII A7
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.3M
Investment incomeLn 3$379K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
SavingsLn 2$515K
Cash and savings togetherLn 1–2$515K
InvestmentsLn 11–13$6.1M
Land, buildings, equipmentLn 10c$1.8M
Total assetsLn 16$8.4M
LiabilitiesLn 26$1.0M
Net assetsLn 32$7.4M
OperationsPt I, VI
EmployeesI 511
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$515K
InvestmentsLn 11–13$5.1M$6.1M
Land, buildings, equipmentLn 10c$167K$1.8M
Total assetsLn 16$6.5M$8.4M
LiabilitiesLn 26$1.1M$1.0M
Net assetsLn 32$5.4M$7.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$28K
Other salaries and wagesLn 7$838K
Pension plan contributionsLn 8$113K
Other employee benefitsLn 9$85K
Payroll taxesLn 10$62K
Management feesLn 11a$533K
Office expensesLn 13$95K
Information technologyLn 14$145K
OccupancyLn 16$64K
TravelLn 17$9K
Depreciation, depletion and amortizationLn 22$91K
InsuranceLn 23$12K
Other expenses (24a–d)Ln 24$35K
Total functional expensesLn 25$2.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.7M$2.1M$1.6M$7.4M 990 PDF
FY2023 $3.6M$4.9M−$1.3M$5.4M 990 PDF
FY2022 $2.8M$2.0M$790K$6.2M 990 PDF
FY2021 $2.8M$2.2M$632K$6.7M 990 PDF
FY2020 $2.5M$2.2M$274K$5.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,667,070 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,288,228$3,288,228
VIII-3 Investment incomeExcluded from tax $378,842$378,842
VIII-12 Total revenueRelated to mission $3,288,228 · Unrelated business $0 · Excluded from tax $378,842$3,667,070
Part IX · Statement of functional expenses $2,109,092 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$28,000
IX-7 Other salaries and wages$837,600
IX-8 Pension plan contributions$113,058
IX-9 Other employee benefits$85,302
IX-10 Payroll taxes$61,748
IX-11a Management fees$532,685
IX-13 Office expenses$95,282
IX-14 Information technology$145,311
IX-16 Occupancy$63,797
IX-17 Travel$8,737
IX-22 Depreciation, depletion and amortization$90,667
IX-23 Insurance$12,389
IX-24 Other expenses (24a–d)$34,516
IX-25 Total functional expenses$2,109,092
Part X · Balance sheet $8,427,184 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,184,632$514,662
X-4 Accounts receivableStart of year $18,915$13,875
X-10c Land, buildings and equipment, netStart of year $167,497$1,817,685
X-11 Publicly traded securitiesStart of year $5,113,320$6,080,962
X-16 Total assetsStart of year $6,484,364$8,427,184
X-17 Accounts payable and accrued expensesStart of year $14,186$14,141
X-19 Deferred revenueStart of year $800,926$899,751
X-25 Other liabilitiesStart of year $306,326$87,977
X-26 Total liabilitiesStart of year $1,121,438$1,001,869
X-27 Net assets without donor restrictionsStart of year $5,362,926$7,425,315
X-32 Total net assets or fund balancesStart of year $5,362,926$7,425,315
X-33 Total liabilities and net assetsStart of year $6,484,364$8,427,184
Part XI · Reconciliation of net assets $7,425,315 net assets at year end
XI-1 Total revenue$3,667,070
XI-2 Total expenses$2,109,092
XI-3 Revenue less expenses$1,557,978
XI-4 Net assets at start of year$5,362,926
XI-5 Net unrealized gains (losses) on investments$504,408
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,425,315

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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