The Amd3 Foundation EIN 80-0073577 Form 990 (PDF) Claim this org

The Amd3 Foundation FY2023 filing

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Supports education and research for patient and family-centered healthcare. For fiscal year 2023 it reported $649K in revenue, $578K in expenses, and $526K in net assets.Pt I

Founded
2003
Type
Public charity (501(c)(3)) · Health Care
Location
Pittsburgh, PA
Website
www.operationwalkpgh.org
Filings
6 on file (2020–2023)
Revenue
$649KFY2023
Expenses
$578K
Net assets
$526K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  80-0073577 Public charity (501(c)(3)) Pittsburgh, PA Founded 2003
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/13/26 · see original: IRS
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Size
$1–10M
What they do
Supports education and research for patient and family-centered healthcare.
Leadership
Michael Devanney · Trustee
Money in and out
$649K revenue, $578K expenses
Bottom line
83% program efficiency
Where the money goes · FY2023
Total revenue
$649K
Pt VIII · Ln 12
Total expenses
$578K
Pt IX · Ln 25
Net assets
$526K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $71K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs
Operating runway
11.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$649K
FY2023▼ -15%
Expenses
$578K
FY2023▼ -25%
Total assets
$549K
FY2023▲ +96%
Total liabilities
$23K
FY2023▲ +147%
Total revenue
$649K
Pt VIII · Ln 12
Total expenses
$578K
Pt IX · Ln 25
Net assets
$526K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$549K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Amd3 Foundation
EINHdr · item D80-0073577
Principal addressHdr · item CPittsburgh, PA
WebsiteHdr · item Jwww.operationwalkpgh.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E05)
Ruling yearIRS BMFMar 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $478K of program spending, described in the organization's own filed words · FY2023.
01

Educational seminars & events including annual operation walk pittsburgh fundraising event & trip to guatemala obras sociales del santo hermano pedro hospital to perform kneed and hip replacement surgeries to patiens in need as well as non-operative checkups and injections for patients and dental services.

$478Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$431K · 66%
Contributions & grants$205K · 32%
Investment income$13K · 2%
Program service revenue66%$431K
Contributions & grants32%$205K
Investment income2%$13K
Total revenueLn 12$649K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$478K
Management & general17%$100K
Total functional expensesLn 25$578K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$549K
Total liabilitiesLn 26$23K
Total net assetsLn 32$526K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $547K · Operating expenses/yr $578K
11.4 months
Where the money goes
Program services
Program services $478K · Total expenses $578K
83%
Management & General
Management & general $100K · Total expenses $578K
17%
Fundraising
Fundraising $0 · Total expenses $578K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $80K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $205K · Total revenue $649K
32%
Government reliance
Government grants — · Total revenue $649K
Earned-income share
Program service revenue $431K · Total revenue $649K
66%
Investment reliance
Investment income $13K · Total revenue $649K
+2%
Program self-sufficiency
Program service revenue $431K · Total expenses $578K
75%
Growth & trend
Revenue growth (YoY)
This year $649K · Prior year $760K
-15%
Net-asset trend (YoY)
End of year $526K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $649K · Expenses $578K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $549K
Net-asset ratio
Net assets $526K · Total assets $549K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $455K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $549K
83%
People & payroll
Highest Reported Total Compensation
Individual Michael Devanney · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $578K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $199K · Total expenses $578K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Revenue growth -15%
Investment management fee ratio 0.5%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$31K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.7M revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$649K revenue · viewing · ⤓ 990 PDF
FY2022$760K revenue · ⤓ 990 PDF
FY2021$590K revenue · ⤓ 990 PDF
FY2020$496K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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