Civic Intelligence

Peruvian American Medical Society Endowment Fund

EIN 38-2824781 • 501(c)3 • Albuquerque, NM

Profile

Unite peruvian physicians with the purpose of improving medical education and the cultural relations between peru and usa. Sponsor programs that improve health and quality of life for peruvian and american citizens.

3009 Toreador Dr NEAlbuquerque, NM 87111

www.pams.org

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

NTEE Q • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

NTEE Q • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

30%

Higher net margin than 79% of similar nonprofits.

NTEE Q • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$85,067

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

NTEE Q • $1M-$5M nonprofits • Source year 2024

Asset Growth

58th percentile

12%

Faster asset growth than 58% of similar nonprofits.

NTEE Q • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

47%

Faster revenue growth than 74% of similar nonprofits.

NTEE Q • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,409,687

Up $253,577 (+12%) from 2023

Liabilities

Down

$14,334

Down $25,474 (-64%) from 2023

Net Assets

Up

$2,395,353

Up $279,051 (+13%) from 2023

Revenue

Up

$922,068

Up $294,349 (+47%) from 2023

Expenses

Up

$643,016

Up $126,148 (+24%) from 2023

Net Income

Up

$279,052

Up $168,201 (+152%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,051,840Liabilities 2011: $0Net Assets 2011: $1,051,8402011Assets 2012: $1,103,251Liabilities 2012: $0Net Assets 2012: $1,103,2512012Assets 2013: $1,390,532Liabilities 2013: $0Net Assets 2013: $1,390,5322013Assets 2014: $1,626,933Liabilities 2014: $989Net Assets 2014: $1,625,9442014Assets 2015: $1,602,502Liabilities 2015: $10,163Net Assets 2015: $1,592,3392015Assets 2016: $1,744,849Liabilities 2016: $2,428Net Assets 2016: $1,742,4212016Assets 2017: $1,896,729Liabilities 2017: $1,867Net Assets 2017: $1,894,8622017Assets 2018: $1,842,611Liabilities 2018: $1,597Net Assets 2018: $1,841,0142018Assets 2019: $1,769,214Liabilities 2019: $1,299Net Assets 2019: $1,767,9152019Assets 2020: $1,945,202Liabilities 2020: $812Net Assets 2020: $1,944,3902020Assets 2021: $2,137,581Liabilities 2021: $6,271Net Assets 2021: $2,131,3102021Assets 2022: $2,007,651Liabilities 2022: $2,200Net Assets 2022: $2,005,4512022Assets 2023: $2,156,110Liabilities 2023: $39,808Net Assets 2023: $2,116,3022023Assets 2024: $2,409,687Liabilities 2024: $14,334Net Assets 2024: $2,395,3532024

Highlighted filing

2024

Assets$2,409,687
Liabilities$14,334
Net Assets$2,395,353

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $682,335Expenses 2011: $469,241Net Income 2011: $213,0942011Revenue 2012: $955,339Expenses 2012: $897,103Net Income 2012: $58,2362012Revenue 2013: $1,580,353Expenses 2013: $1,293,073Net Income 2013: $287,2802013Revenue 2014: $1,411,264Expenses 2014: $1,175,842Net Income 2014: $235,4222014Revenue 2015: $1,654,813Expenses 2015: $1,688,418Net Income 2015: -$33,6052015Revenue 2016: $1,094,612Expenses 2016: $944,530Net Income 2016: $150,0822016Revenue 2017: $1,189,864Expenses 2017: $1,037,423Net Income 2017: $152,4412017Revenue 2018: $619,305Expenses 2018: $673,153Net Income 2018: -$53,8482018Revenue 2019: $640,769Expenses 2019: $713,868Net Income 2019: -$73,0992019Revenue 2020: $736,994Expenses 2020: $560,519Net Income 2020: $176,4752020Revenue 2021: $536,327Expenses 2021: $349,407Net Income 2021: $186,9202021Revenue 2022: $415,805Expenses 2022: $541,664Net Income 2022: -$125,8592022Revenue 2023: $627,719Expenses 2023: $516,868Net Income 2023: $110,8512023Revenue 2024: $922,068Expenses 2024: $643,016Net Income 2024: $279,0522024

Highlighted filing

2024

Revenue$922,068
Expenses$643,016
Net Income$279,052

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.01$2.40$0.92$0.64$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.04$2.12$0.63$0.52$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.00$2.01$0.42$0.54$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.01$2.13$0.54$0.35$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.00$1.94$0.74$0.56$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$0.64$0.71$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.00$1.84$0.62$0.67$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.89$1.19$1.04$0.15
2016Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$1.09$0.94$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.01$1.59$1.65$1.69$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$1.41$1.18$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$1.58$1.29$0.29
2012Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.96$0.90$0.06
2011Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.68$0.47$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$922,068
Mission and Program Overview

Mission

Peruvian American Medical Society Endowment Fund is a nonprofit organization created to unite Peruvians and citizens of the United States and other countries to improve medical, cultural and educational collaboration for the benefit of Peruvians residing in Peru.

Support peruvian medical schools; virtual medical educational webinars; medical missions to peru; support a polyclinic in peru.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,229,538$1,473,696▲ $244,158
Savings and Temporary Cash Investments$684,000$789,416▲ $105,416
Cash and Non-Interest-Bearing Accounts$240,907$146,255▼ $94,652
Accounts Receivable$1,665$320▼ $1,345
Total Assets$2,156,110$2,409,687▲ $253,577
Liabilities
Accounts Payable and Accrued Expenses$39,808$14,334▼ $25,474
Total Liabilities$39,808$14,334▼ $25,474
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,140,304$1,323,195▲ $182,891
Net Assets Without Donor Restrictions$975,998$1,072,158▲ $96,160
Total Net Assets Fund Balance$2,116,302$2,395,353▲ $279,051
Total Liabilities and Net Assets / Fund Balance$2,156,110$2,409,687▲ $253,577

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$914,767$69,033▲ $176,204$68,589$1,091,415
2023$899,420$48,654▲ $52,474$85,781$914,767
2022$1,031,224$43,308▼ $72,287$135,520$899,420
2021$900,524$29,761▲ $194,348$121,019$1,031,224
2020$802,796$25,393▲ $104,803$69,608$900,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maria SandersExecutive DirectorFT$85,067$85,067

Board Members and Trustees

NameTitle
Miguel VasquezPast President
Manuel Valdivieso MdPeru Policlinico Directorio President
Luis Campos MdPresident
Gonzalohuaman MdDirector of Finance
Maria SjorgenDirector of Medical Educat
Juan AlejosMissions Director
Tulio Bertoni MdStrategic Director
Miguel ProAdvisory Council of Past P
Heidi EscurraMember
Paola Diaz NeyraMember
David MoretzSecretary
Astrid ValdiviesoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$550,515
Program Service Revenue
$0
Investment Income
$293,618
Other Revenue
$77,935
All Other Contributions
$518,355
Change in Net Assets
$279,052

Audited Revenue Reconciliation

Revenue per Audited Statements
$922,068
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$922,068
Total Revenue per Form 990
$922,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,277
Grants and Similar Amounts Paid$270,164
Salaries, Compensation, and Employee Benefits$91,575
Total Fundraising Expense$12,381
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$270,164--$270,164
Other Salaries and Wages-$85,067-$85,067
Travel$42,007$4,765$1,250$48,022
Fees for Services Accounting-$34,500-$34,500
All Other Expenses$4,866$10,728$1,790$17,384
Other Expenses$2,712$6,491$9,341$9,203
Payroll Taxes-$6,508-$6,508
Fees for Services Other$4,707$384-$5,091
Insurance-$4,792-$4,792
Office Expenses-$740-$740
Conferences and Meetings$325--$325
Total Functional Expenses$432,221$198,414$12,381$643,016

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$643,016
Total Expenses per Audited Statements$643,016
Total Expenses per Form 990$643,016
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$427,343

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
South AmericaGrants to Those in the RegionMedical Education/care00$427,343
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,621
Fundraising Direct Expenses$0
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Manuel valdivieso - pams para el peru policlinico directorio president astrid valdivieso - board member treasurer

Form 990, Part VI, Section A, Line 6

Pamsef members cannot receive a share of the organization's profits or excess dues or a share of the organization's net assets upon the organization's dissolution.

Form 990, Part VI, Section A, Line 7A

Members who elect members of the board.

Form 990, Part VI, Section A, Line 7B

Members who vote on bylaw amendments.

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

Upon completion of the form 990 by the cpa firm, a copy is provided to pamsef's treasurer for review. After review and any changes are made, the treasurer will submit a copy to the finance committee and the board, and authorize the cpa firm to electronically file the form 990 with the irs.

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

Anually, board members are required to read the conflict of interest policy, complete and submit the conflict of interest questionnaire.

Form 990, Part VI, Section C, Line 19

Pamsef makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Peruvian American Medical Society
EIN
38-2824781
Phone
5052592018
Address
3009 TOREADOR DR NE, ALBUQUERQUE, NM 87111

Signing Officer

Name
Astrid Valdivieso
Title
Treasurer
Phone
5052592018
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Sanders
Formed
1988
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
400

Preparer

Firm
Glsc & Company Pllc
Address
6303 WATERFORD DISTRICT DR STE 200, MIAMI, FL 33126
Preparer
Eduard a Baltar
Phone
3053730123
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Pamsef finance committee overseas the selection of an independent auditor, an accounting service submits the financial reports, the committee reviews the report, and the treasurer authorizes the filing.

Financial Statement Notes

PART X, LINE 2:

The peruvian american medical society is exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1954 (as amended); accordingly, the financial statements reflect no provision for income taxes. The organization evaluates all significant tax positions as required by accounting principles generally accepted in the united states of america. As of august 31, 2024, the organization does not believe that it has taken any tax position that would require the recording of any additional tax liability nor does it believe that there are any unrecognized tax benefits that would either increase or decrease within the next twelve months. Penalties and interest if assessed are recorded as other expenses.

Part V Line 4, Endowment Fund

This board designated fund provides dividends and interest for the management of the organization, funds grants or scholarships for program services, funds expenses of the board approved strategic plan, or funds costs of extenuating circumstances. To grow the balance, it is recommended that the fund provides for a maximum of 5% of the previous year-end balance to be used during the following fiscal year.

Raw XML AppendixShowing 400 of 631 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF MEDICAL EDUCAT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4STRATEGIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MISSIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PERU POLICLINICO DIRECTORIO PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt8ADVISORY COUNCIL OF PAST P
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
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IRS990/GrantsToOrganizationsInd00
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IRS990/MissionDesc0UNITE PERUVIAN PHYSICIANS WITH THE PURPOSE OF IMPROVING MEDICAL EDUCATION AND THE CULTURAL RELATIONS BETWEEN PERU AND USA. SPONSOR PROGRAMS THAT IMPROVE HEALTH AND QUALITY OF LIFE FOR PERUVIAN AND AMERICAN CITIZENS.
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IRS990/OtherExpensesGrp/Desc1MEALS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc3TELEPHONE / COMMUNICATI
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1438
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IRS990/OtherExpensesGrp/ProgramServicesAmt089280
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IRS990/PrincipalOfficerNm0MARIA SANDERS
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02206752
IRS990ScheduleA/TotalSupportAmt03238912
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PERUVIAN AMERICAN MEDICAL SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954 (AS AMENDED); ACCORDINGLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR INCOME TAXES. THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF AUGUST 31, 2024, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITION THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. PENALTIES AND INTEREST IF ASSESSED ARE RECORDED AS OTHER EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THIS BOARD DESIGNATED FUND PROVIDES DIVIDENDS AND INTEREST FOR THE MANAGEMENT OF THE ORGANIZATION, FUNDS GRANTS OR SCHOLARSHIPS FOR PROGRAM SERVICES, FUNDS EXPENSES OF THE BOARD APPROVED STRATEGIC PLAN, OR FUNDS COSTS OF EXTENUATING CIRCUMSTANCES. TO GROW THE BALANCE, IT IS RECOMMENDED THAT THE FUND PROVIDES FOR A MAXIMUM OF 5% OF THE PREVIOUS YEAR-END BALANCE TO BE USED DURING THE FOLLOWING FISCAL YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V LINE 4, ENDOWMENT FUND
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MEDICAL EDUCATION/CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO THOSE IN THE REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
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