Civic Intelligence

National Academies of Practice

990 • Fiscal year 2016 • EIN 52-1246763

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 01, 2017

201 E Main StreetLexington, KY 40507

(859) 514-9150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.24x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

1.7%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$384,091

Up $94,244 (+33%) from 2015

Net Assets

Up

$292,071

Up $58,645 (+25%) from 2015

Liabilities

Up

$92,020

Up $35,599 (+63%) from 2015

Revenue

Up

$288,423

Up $4,876 (+1.7%) from 2015

Expenses

Up

$229,778

Up $17,148 (+8.1%) from 2015

Net Income

Down

$58,645

Down $12,272 (-17%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $439,174Liabilities 2010: $63,284Net Assets 2010: $375,8902010Assets 2012: $250,081Liabilities 2012: $43,529Net Assets 2012: $206,5522012Assets 2013: $204,173Liabilities 2013: $21,061Net Assets 2013: $183,1122013Assets 2014: $201,284Liabilities 2014: $38,775Net Assets 2014: $162,5092014Assets 2015: $289,847Liabilities 2015: $56,421Net Assets 2015: $233,4262015Assets 2016: $384,091Liabilities 2016: $92,020Net Assets 2016: $292,0712016Assets 2017: $443,211Liabilities 2017: $83,850Net Assets 2017: $359,3612017Assets 2018: $487,088Liabilities 2018: $109,427Net Assets 2018: $377,6612018Assets 2019: $594,428Liabilities 2019: $178,529Net Assets 2019: $415,8992019Assets 2020: $626,468Liabilities 2020: $183,837Net Assets 2020: $442,6312020Assets 2021: $740,958Liabilities 2021: $188,135Net Assets 2021: $552,8232021Assets 2022: $742,219Liabilities 2022: $195,609Net Assets 2022: $546,6102022Assets 2023: $776,941Liabilities 2023: $238,887Net Assets 2023: $538,0542023Assets 2024: $1,020,643Liabilities 2024: $332,685Net Assets 2024: $687,9582024

Highlighted filing

2016

Assets$384,091
Liabilities$92,020
Net Assets$292,071

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $180,676Expenses 2010: $193,218Net Income 2010: -$12,5422010Expenses 2012: $348,9242012Revenue 2013: $211,365Expenses 2013: $241,053Net Income 2013: -$29,6882013Revenue 2014: $203,984Expenses 2014: $224,587Net Income 2014: -$20,6032014Revenue 2015: $283,547Expenses 2015: $212,630Net Income 2015: $70,9172015Revenue 2016: $288,423Expenses 2016: $229,778Net Income 2016: $58,6452016Revenue 2017: $324,742Expenses 2017: $257,452Net Income 2017: $67,2902017Revenue 2018: $324,067Expenses 2018: $305,767Net Income 2018: $18,3002018Revenue 2019: $393,621Expenses 2019: $355,383Net Income 2019: $38,2382019Revenue 2020: $330,443Expenses 2020: $303,711Net Income 2020: $26,7322020Revenue 2021: $327,337Expenses 2021: $217,145Net Income 2021: $110,1922021Revenue 2022: $376,529Expenses 2022: $377,248Net Income 2022: -$7192022Revenue 2023: $478,940Expenses 2023: $487,496Net Income 2023: -$8,5562023Revenue 2024: $613,080Expenses 2024: $463,176Net Income 2024: $149,9042024

Highlighted filing

2016

Revenue$288,423
Expenses$229,778
Net Income$58,645
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 1, 2017
Return Version
2016v3.0
Gross Receipts
$288,423
Mission and Program Overview

Mission

Distinguished professionals advancing interprofessional healthcare by fostering collaboration and advocating policies in the best interest of individuals and communities

The national academies of practice is dedicated to affordable, accessible, coordinated quality healthcare for all. Nap believes that a healthcare practice with an interprofessional foundation which addresses the whole person provides better healthcare and preventive care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$137,680$232,722▲ $95,042
Savings and Temporary Cash Investments$112,283$112,144▼ $139
Investments in Publicly Traded Securities$36,489$36,492▲ $3
Prepaid Expenses and Deferred Charges$3,395$2,733▼ $662
Total Assets$289,847$384,091▲ $94,244
Liabilities
Deferred Revenue$56,421$92,020▲ $35,599
Total Liabilities$56,421$92,020▲ $35,599
Net Assets / Fund Balance
Unrestricted Net Assets$194,158$253,799▲ $59,641
Permanently Rstr Net Assets$35,000$35,000→ $0
Temporarily Rstr Net Assets$4,268$3,272▼ $996
Total Net Assets Fund Balance$233,426$292,071▲ $58,645
Total Liabilities and Net Assets / Fund Balance$289,847$384,091▲ $94,244

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$39,268-▲ $4-$38,272
2015$37,826-▲ $1,518-$39,268
2014$36,413-▲ $1,487-$37,826
2013$35,000-▲ $1,487-$36,413
2012$35,087-▲ $1,487-$35,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Victor BrayAudiology Academy Chair
Jerome KleponisDentistry Academy Chair
Elizabeth Ann RiderMedicine Academy Chair
Joanne SingletonNursing Academy Chair
Magaly Rodriguez De BittnerPharmacy Academy Chair
Barbara MaxwellPhysical Therapy Academy Chair
Harold GlickmanPodiatry Academy Chair
Marie DicowdenPsychology Academy Chair
Kathryn SmolinskiSocial Work Academy Chair
Janet SchreckSpeech & Language Pathology Academy Chair
Alice VillalobosVeterinary Medicine Academy Chair
John HerboldImmediate Past President
Satya VermaPresident
Michelle TrosethPresident Elect
H Esterbrook LongmaidMedicine Academy Vice-chair
Sandra BlockOptometry Academy Vice-chair
Gloria GricePharmacy Academy Vice-chair
Jody FrostPhysical Therapy Academy Vice-chair
Patricia MoorePodiatry Academy Vice-chair
Steven AtwoodVeterinary Medicine Academy Vice-chair
Rick WeisbarthVice President Membership
Donna NeffVice President of Communications
Kathleen McnamaraVice President Public Policy
Antonio Puentee-JOURNAL EDITOR
David ItzkoffTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Amr Management ServicesManagement Services201 E MAIN ST STE 1405, Lexington, KY 40507$101,592
Revenue and Support

Revenue Composition

Contributions and Grants
$2,625
Program Service Revenue
$280,693
Investment Income
$15
Other Revenue
$5,090
All Other Contributions
$2,625
Change in Net Assets
$58,645

Audited Revenue Reconciliation

Revenue per Audited Statements
$288,423
Total Revenue per Audited Statements
$288,423
Total Revenue per Form 990
$288,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$101,592$0$101,592
Conferences and Meetings$72,775$4,637$0$77,412
Office Expenses$3,065$3,450$0$6,515
Travel$4,471$1,350$0$5,821
Other Expenses$3,877$0$0$3,877
Information Technology$0$3,132$0$3,132
Insurance$415$2,574$0$2,989
Fees for Services Accounting$0$2,860$0$2,860
All Other Expenses$667$701$0$1,368
Total Functional Expenses$101,159$128,619$0$229,778

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$229,778
Total Expenses per Audited Statements$229,145
Expenses per Audited Statements$228,782
Expenses Not Reported on Financial Statements$996
Other Expense Adjustments$996
Expenses Not Reported on Form 990$363
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Filing and Contact Details

Filer

Filer Name
National Academies of Practice
EIN
52-1246763
Phone
8595149150
Address
201 E MAIN STREET, LEXINGTON, KY 40507

Signing Officer

Name
Michelle Troseth
Title
President
Phone
8595149150
Signed
2017-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Troseth
Formed
1981
Legal Domicile
Dc
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
75

Preparer

Firm
Murray Petrey Pllc
Address
120 S MAPLE ST, WINCHESTER, KY 40391-1928
Preparer
Colleen V Murray CPA
Phone
8597447722
Supplemental Narrative

Additional Explanations

Other

Form 990 part i, line 1, continued: to achieve this goal, nap holds interprofessional healthcare policy forums, congressional briefings, membership symposiums, and combined conferences. Nap also publishes public policy and position papers, distributing key findings to members of congress, healthcare planners, public agencies and other interested parties. The mission of the national academies of practice is to promote excellence in practice of health care professionals, and quality health care for all through interprofessional collaboration in service delivery, research, education, and public policy advocacy.

Pt VI, Line 3

Description of delegated duties to management company:

Pt VI, Line 3

Nap outsources management and operation functions to amr management services, a full service association management company accredited by the amc institute.

Pt VI, Line 4

Significant changes to governing documents:

Pt VI, Line 4

Nap amended their bylaws, article 6 - members: added a professional member category. (see attached)

Pt VI, Line 6

Explanation of classes of members or shareholder:

Pt VI, Line 6

Members include chairs of each academy including dentistry, medicine, and pharmacy among others.

Pt VI, Line 11B

FORM 990 REVIEW PROCESS:

Pt VI, Line 11B

An electronic copy of the form 990 is provided to each voting member of the governing body at least 2 weeks prior to the filing of the return. Upon tax preparer completion of the irs form 990, the form and accompanying schedules will first be reviewed by the association management company's president and controller. Thereafter, an electronic copy of the form 990 (and accompanying schedules) will be made available by the association director to each voting member of the governing body via e-mail notification along with instructions for contacting association headquarters with comments or questions. A two week timeframe will be provided for governing body comments or questions. Following the resolution of any questions or other matters that have arisen, the form 990 and accompanying schedules will be provided by the account executive to a designated officer (president or treasurer) for final authorizing signature. The signed form 990 will be returned to the association management company for submission to the irs by the due date of the return.

Pt VI, Line 12C

Explanation of monitoring and enforcement of conflicts:

Pt VI, Line 12C

On an annual basis, all interested persons are provided a copy of the conflict of interest policy and are required to complete and sign an acknowledgement and disclosure of actual or potential conflicts of interest.

Pt VI, Line 19

Other organization documents publicly available:

Pt VI, Line 19

Nap makes all governing documents, conflict of interest policies, and financial statements available to the public upon request.

Pt VI, Line 2

H. Esterbrook longmaid and elizabeth rider - family relationship

Pt VI, Line 7A

Nap consist of several membership categories which define the members ability to hold office and voting rights.

Form 990, Part IX, Line 24E

Miscellaneous 701. 0. 701. 0.

Form 990, Part IX, Line 24E

Membership expenses 667. 667. 0. 0.

Financial Statement Notes

Pt X, Line 2

NAP IS EXEMPT FROM BOTH FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2016. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS.

Pt X, Line 2

In accordance with fasb asc, 740-10, "accounting for uncertainty in income taxes", the management of nap has evaluated the tax positions taken on all income tax returns that remain open to examination by the respective taxing authorities and does not believe there are any uncertain tax positions on those returns that require recognition or disclosure in the financial statements. The federal information returns are subject to examination by the irs generally for three years after the statutory due date of the return.

Pt V, Line 4

The permanent endowment supports the annual cummings award to a member who has demonstrated outstanding or extraordinary contributions to interprofessional health care.

Pt XII, Line 2D

Current year accounts payable $363

Pt XII, Line 4B

Prepaid expense $552, and accounts payable $444

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt6PSYCHOLOGY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DENTISTRY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VETERINARY MEDICINE ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VETERINARY MEDICINE ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEDICINE ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PODIATRY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SOCIAL WORK ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEDICINE ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14OPTOMETRY ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15NURSING ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PODIATRY ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PHARMACY ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PHARMACY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PHYSICAL THERAPY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20PHYSICAL THERAPY ACADEMY VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21e-JOURNAL EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22AUDIOLOGY ACADEMY CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT PUBLIC POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt24SPEECH & LANGUAGE PATHOLOGY ACADEMY CHAIR
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.33$0.69$0.61$0.46$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.24$0.54$0.48$0.49$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.20$0.55$0.38$0.38$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.19$0.55$0.33$0.22$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.18$0.44$0.33$0.30$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.18$0.42$0.39$0.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.38$0.32$0.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.08$0.36$0.32$0.26$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.09$0.29$0.29$0.23$0.06
2015Summary only. Only limited summary data is available for this year.$0.29$0.06$0.23$0.28$0.21$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.04$0.16$0.20$0.22$0.02
2013Summary only. Only limited summary data is available for this year.$0.20$0.02$0.18$0.21$0.24$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.04$0.21$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.06$0.38$0.18$0.19$0.01