Civic Intelligence

Tpaa Foundation

EIN 37-1413467 • 501(c)3 • Crown Point, IN

Profile

Provide financial support for continuing education, textbooks, journals, and scholarships for individuals or medical schools that lack funding.

1350 Covington CourtCrown Point, IN 46307

www.tpaaf.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$3,155,668

Up $599,661 (+23%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,155,668

Up $599,661 (+23%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin63rd percentile

Revenue

Up

$988,685

Up $168,019 (+20%) from 2023

Expenses

Up

$870,144

Up $92,633 (+12%) from 2023

Net Income

Up

$118,541

Up $75,386 (+175%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $398,088Liabilities 2011: $0Net Assets 2011: $398,0882011Assets 2015: $543,965Liabilities 2015: $0Net Assets 2015: $543,9652015Assets 2016: $629,273Liabilities 2016: $0Net Assets 2016: $629,2732016Assets 2017: $781,811Liabilities 2017: $0Net Assets 2017: $781,8112017Assets 2018: $678,446Liabilities 2018: $0Net Assets 2018: $678,4462018Assets 2019: $850,999Liabilities 2019: $0Net Assets 2019: $850,9992019Assets 2020: $931,990Liabilities 2020: $0Net Assets 2020: $931,9902020Assets 2021: $2,406,391Liabilities 2021: $0Net Assets 2021: $2,406,3912021Assets 2022: $2,114,788Liabilities 2022: $0Net Assets 2022: $2,114,7882022Assets 2023: $2,556,007Liabilities 2023: $0Net Assets 2023: $2,556,0072023Assets 2024: $3,155,668Liabilities 2024: $0Net Assets 2024: $3,155,6682024

Highlighted filing

2024

Assets$3,155,668
Liabilities$0
Net Assets$3,155,668
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $375,1022011Revenue 2015: $339,912Expenses 2015: $369,358Net Income 2015: -$29,4462015Revenue 2016: $246,976Expenses 2016: $189,527Net Income 2016: $57,4492016Revenue 2017: $453,472Expenses 2017: $350,920Net Income 2017: $102,5522017Revenue 2018: $450,958Expenses 2018: $513,190Net Income 2018: -$62,2322018Revenue 2019: $544,467Expenses 2019: $478,528Net Income 2019: $65,9392019Revenue 2020: $390,117Expenses 2020: $402,097Net Income 2020: -$11,9802020Revenue 2021: $2,366,978Expenses 2021: $967,064Net Income 2021: $1,399,9142021Revenue 2022: $1,405,329Expenses 2022: $1,545,145Net Income 2022: -$139,8162022Revenue 2023: $820,666Expenses 2023: $777,511Net Income 2023: $43,1552023Revenue 2024: $988,685Expenses 2024: $870,144Net Income 2024: $118,5412024

Highlighted filing

2024

Revenue$988,685
Expenses$870,144
Net Income$118,541
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,155,668
Liabilities
$0
Net assets
$3,155,668
Revenue
$988,685
Expenses
$870,144
Net income
$118,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.00$3.16$0.99$0.87$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.82$0.78$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$1.41$1.55$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$2.37$0.97$1.40
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.39$0.40$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.54$0.48$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.45$0.51$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.45$0.35$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.25$0.19$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.34$0.37$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 25, 2025
Return Version
2024v5.2
Gross Receipts
$1,006,365
Mission and Program Overview

Mission

Provide financial support for continuing education, textbooks, journals, and scholarships for individual or medical schools that lack funding.

Promote the advancement of medical & scientific knowledge throughout the world, to foster & promote the advancement of health care delivery & education in thailand; to provide scholarships, grants, & financial aid programs to assist individuals in completing healthcare education & training in thailand and in the u.s. And to conduct such other activites as will foster & promote the advancement of medical education, training, and delivery of services to residents of thailand & of the u.s.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,389,560$3,000,671▲ $611,111
Cash and Non-Interest-Bearing Accounts$166,447$154,997▼ $11,450
Total Assets$2,556,007$3,155,668▲ $599,661
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,855,894$1,865,728▲ $9,834
Net Assets Without Donor Restrictions$700,113$1,289,940▲ $589,827
Total Net Assets Fund Balance$2,556,007$3,155,668▲ $599,661
Total Liabilities and Net Assets / Fund Balance$2,556,007$3,155,668▲ $599,661

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,389,560$20,000▲ $619,367-$3,000,671
2023$690,292$1,329,423▲ $407,205-$2,389,560
2022$860,992-▲ $77,851-$690,292
2021$765,254-▲ $128,538-$860,992
2020$584,549-▲ $189,047-$765,254
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Apinan Thitipraserth MdPresident
Pisit Rangsithienchai MdVice President
Chainaronk Limanon MdDirector
Chintana Paramagul MdDirector
Daniel Tongbai MdDirector
Jantra Chennavasin MdDirector
Kasin Chai MdDirector
Kosit Prieb MdDirector
Krita Apibunyopas MdDirector
Orachun Sittisuntorn MdDirector
Panita ChiemmongkoltipmdDirector
Picha Moolsintong MdDirector
Pornpilai Boonn MdDirector
Premsri BartonmdDirector
Roengsak Tulathimutte MdDirector
Ruthachai Rithaporn MdDirector
S Chris Malaisrie MdDirector
Sompop Srisuwananukorn MdDirector
Sunti Srivathanakul MdDirector
Suthee Thumasathit MdDirector
Suwat Silpasuvan MdDirector
Thrissawan SungkapaleemdDirector
Tippavan NagachintamdDirector
Usah Lilavivat MdDirector
Wichest Boonyapredee MdDirector
Ped Bunsongsikul MdSecretary
Thongchai Vachirasomboon MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$850,354
Program Service Revenue
$0
Investment Income
$138,331
Other Revenue
$0
All Other Contributions
$850,354
Change in Net Assets
$118,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$988,685
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$481,120
Total Revenue per Audited Statements
$1,469,805
Total Revenue per Form 990
$988,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$854,314
Other Expenses$15,830
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$684,982--$684,982
Grants to Domestic Orgs$169,332--$169,332
Fees for Services Accounting-$10,827-$10,827
Insurance-$1,859-$1,859
Office Expenses-$1,500-$1,500
Other Expenses-$189-$189
Total Functional Expenses$854,314$15,830$0$870,144

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$870,144
Total Expenses per Audited Statements$870,144
Total Expenses per Form 990$870,144
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thai Physicians Association of AmericaSt Louis, MO501(c)(6)Save Babies Life and Save Sight Projects$125,832
Harvard UniversityBoston, MA501(c)(3)Scholarships$43,500

International Summary

Offices
0
Employees
0
Spending
$684,982

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Funds Are Given for Upgrading Hospitals, Medical Equipment, Schools,Free Medical Services Are Provided for the Less Fortunate People.00$684,982
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“Committees do not have the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the organization's president and treasurer.”

Form 990, Part VI, Section B, Line 12C

“The organization conducts periodic reviews to ensure that the conflict of interest policy is followed.”

Form 990, Part VI, Section C, Line 19

“No documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Tpaa Foundation
EIN
37-1413467
Phone
2196636330
Address
1350 COVINGTON COURT, CROWN POINT, IN 46307

Signing Officer

Name
Ped Bunsongsikul Md
Title
Secretary
Phone
2196636330
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Apinan Thitipraserth
Formed
2001
Legal Domicile
Il
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
27

Preparer

Firm
Swartz Retson & Co Pc
Address
235 E 86TH AVENUE, MERRILLVILLE, IN 46410
Preparer
Ruth Best
Phone
2197693616
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds were given to the organization in order to establish a corpus from which earnings could be spent to promote the advancement of medical and scientific knowledge throughout the world, to foster and promote the advancement of healthcare delivery and education in thailand, to provide scholarships, grants, and financial aid programs to assist individuals in completing healthcare education and training in thailand and in the united states and to conduct such other activities as will foster and promote the advancement of medical education, training and delivery of services to residents of thailand and of the united states.”

PART X, LINE 2:

“When applicable, changes in benefits arising from current and prior tax positions taken by the organization are recognized in the period in which the change occurs. Changes resulting from settlements with taxing authorities are recognized in the period that settlement occurs. Reductions in unrecognized tax benefits as a result of a lapse of the applicable statute of limitations are recognized in the period the statute lapses. Projected penalties and interest recognized on tax positions where it is reasonably possible that the organization's tax position will not prevail in a review by taxing authorities are recognized as part of current period income tax expense.”

Raw XML AppendixShowing 400 of 620 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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