Overview
What is Barnett Fbo In Academy Fam Physician?
Barnett Fbo In Academy Fam Physician is a nonprofit organization, specifically located at 10 S DEARBORN, CHICAGO, IL1-0111. Its primary mission is to support and advance the specialty of family medical practice in Indiana. They achieve this by providing research, education, and charitable resources. One of their notable initiatives is offering financial aid to struggling medical students who plan to practice general medicine in Indiana. This aid is managed by the organization's directors or trustees, with the purpose of supporting and strengthening the field of family medicine within Indiana's borders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Barnett Fbo In Academy Fam Physician has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about its governance and oversight. Additionally, important policies such as conflict of interest, whistleblower protections, and document retention are notably missing, which are critical for maintaining transparency and operational integrity.
Despite these shortcomings, the organization has a solid program expense ratio at 75.48%, suggesting that a significant portion of its budget is allocated directly to its programs. This points to a commitment to fulfilling its mission, although the lack of independent oversight could impact the effectiveness of its operations. Furthermore, the absence of a website listed on its tax form may hinder public access to vital information about the organization.
In summary, while Barnett Fbo In Academy Fam Physician shows promise in its program expenditure, it faces serious challenges with governance and transparency that potential donors should consider. Addressing these issues will be crucial for building trust and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Barnett Fbo In Academy Fam Physician legitimate?
Barnett Fbo In Academy Fam Physician is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barnett Fbo In Academy Fam Physician submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $15,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Barnett Fbo In Academy Fam Physician?
The Barnett FBO IN Academy Family Physician, through its foundation, is committed to developing and providing research, education, and charitable resources. The primary goal is to promote and support the specialty of family medical practice within Indiana. These resources are utilized at the discretion of the foundation's directors or trustees to aid financially struggling medical students who intend to practice general medicine in the state of Indiana.
Who is the CEO of Barnett Fbo In Academy Fam Physician?
Jp Morgan Chase Bank N A is the Principal Officer of Barnett Fbo In Academy Fam Physician.
What is the revenue of Barnett Fbo In Academy Fam Physician?
Barnett Fbo In Academy Fam Physician's revenue in 2023 was $34,154.
Who are the executives of Barnett Fbo In Academy Fam Physician and what are their salaries?
There is 1 key member and their salary:
- Compensation: $15,060
- Related: $0
- Other: $0
Where can I find the form 990 for Barnett Fbo In Academy Fam Physician?
Barnett Fbo In Academy Fam Physician's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Barnett Fbo In Academy Fam Physician
Barnett Fbo In Academy Fam Physician, a nonprofit organization, is committed to advancing and fostering the discipline of family medical practice in Indiana. Their mission is twofold: firstly, they engage in research activities to expand the knowledge base within the field of family medicine. Secondly, they provide educational resources to support and promote the specialty of family medical practice in the state of Indiana. To further their cause, Barnett Fbo In Academy Fam Physician also offers charitable resources. These resources are used at the discretion of the organization's directors or trustees to provide loans to medical students who demonstrate a dedication to practicing general medicine in Indiana. By providing these resources, Barnett Fbo In Academy Fam Physician is not only supporting the future of family medicine in Indiana but also ensuring that the state has a steady supply of skilled family physicians to serve its communities.
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Impact
October, 2024
Barnett Fbo In Academy Fam Physician significantly contributes to the enhancement of family medical practice in Indiana by developing and providing essential research, education, and charitable resources. Its focus on supporting the specialty of family medicine helps to ensure that quality healthcare is accessible to the community.
By offering loans to needy medical students committed to practicing general medicine in Indiana, the organization directly addresses the financial barriers faced by future healthcare providers. This support not only fosters a new generation of family physicians but also strengthens the overall healthcare system in the region by promoting the importance of primary care. The impact is seen in the increased availability of practitioners in family medicine, ultimately leading to improved health outcomes for Indiana residents.
This information is meant to be a general summary of Barnett Fbo In Academy Fam Physician. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $34,154
- Gross Receipts: $180,689
Assets and Liabilities:
- Total Assets: $732,527
- Total Liabilities: $0
- Net Assets: $732,527
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Organization Details
Founding Year
2003
Phone
(800) 496-2583Principal Officer
Jp Morgan Chase Bank N A
Main Address
10 S DEARBORN IL1-0111, CHICAGO, IL, 60603
NTEE Category
Code: B11 - Education
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