Akmg Georgia Chapter INC

Tax-deductible

Stockbridge, GA501(c)(3)Health CareEIN 84-3571484

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Akmg Georgia Chapter is an organization for medical and dental specialists of kerala origin in Georgia. The significant activites is to conduct seminars and to render medical assistance to indigent people in the US.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Run by 48 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$500
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$522K
Spent
$500K
To programs
98%
Net assets
$42K

From the FY2021 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021. IRS ruling in Dec 2019.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $489K Management & general 2% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Akmg Georgia Chapter INC 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 15aNo

Programs and updates

Provides medical and dental aid to the needy, and hosts professional development seminars.

Provided by the organization

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1 program service account for $489K of program spending, described in the organization's own filed words · FY2021.
01

Akmg atlanta covention is a yearly get together of indian diaspora from kerala doctors to echange ideas, learn(cme) and educate. It also gives student scholarships to help them to succceed in life and holds seminars for young doctors and medical students. Which is usually a 2-3 day event with 300-500 doctors in attendance.

$489Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$522K
Ln 12
Fees for servicesLn 2g$352K
Gifts and grantsLn 1h$198K
Money outPt IX
$500K
Ln 25
Programscol B$489K
Managementcol C$11K
Owns and owesPt X
$42K
net assets · Ln 32
Cash and savingsLn 1–2$42K
Total assetsLn 16$42K
LiabilitiesLn 26$500
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$198K
Fees for servicesLn 2g$352K
Total revenueLn 12$522K
Assets in detailPt X, end of year
CashLn 1$42K
Cash and savings togetherLn 1–2$42K
Total assetsLn 16$42K
LiabilitiesLn 26$500
Net assetsLn 32$42K
OperationsPt I, VI
EmployeesI 50
VolunteersI 648
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$42K
Total assetsLn 16$0$42K
LiabilitiesLn 26$0$500
Net assetsLn 32$0$42K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$900$900
Other fees for servicesLn 11g$58K$55K$3K
Advertising and promotionLn 12$500$500
Office expensesLn 13$16K$16K$50
OccupancyLn 16$200K$200K
TravelLn 17$10K$10K
Other expenses (24a–d)Ln 24$183K$183K
All other expensesLn 24e$31K$23K$8K
Total functional expensesLn 25$500K$489K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $522K$500K$22K$42K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $522,444 across 5 lines filed
VIII-1f All other contributions, gifts and grants$197,500
VIII-1h Total contributions, gifts and grants$197,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $352,440$352,440
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$27,496−$27,496
VIII-12 Total revenueRelated to mission $324,944$522,444
Part IX · Statement of functional expenses $500,340 across 8 lines filed
IX-11b Legal feesPrograms $900$900
IX-11g Other fees for servicesPrograms $55,291 · Management $3,000$58,291
IX-12 Advertising and promotionPrograms $500$500
IX-13 Office expensesPrograms $16,065 · Management $50$16,115
IX-16 OccupancyPrograms $200,483$200,483
IX-17 TravelPrograms $9,874$9,874
IX-24 Other expenses (24a–d)Programs $183,357$183,357
IX-24e All other expensesPrograms $22,601 · Management $8,219$30,820
IX-25 Total functional expensesPrograms $489,071 · Management $11,269 · Fundraising $0$500,340
Part X · Balance sheet $42,191 assets, 7 lines filed
X-1 Cash, non-interest-bearing$42,191
X-16 Total assetsStart of year $0$42,191
X-25 Other liabilities$500
X-26 Total liabilitiesStart of year $0$500
X-27 Net assets without donor restrictions$41,691
X-32 Total net assets or fund balancesStart of year $0$41,691
X-33 Total liabilities and net assetsStart of year $0$42,191
Part XI · Reconciliation of net assets $41,691 net assets at year end
XI-1 Total revenue$522,444
XI-2 Total expenses$500,340
XI-3 Revenue less expenses$22,104
XI-9 Other changes in net assets$19,587
XI-10 Net assets at end of year$41,691

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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