Civic Intelligence

Acmg Foundation for Genetic and Genomic Medicine

990 • Fiscal year 2016 • EIN 52-1841165

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

Organization ProfileWWW.ACMGFOUNDATION.ORG

View Organization Page

7101 Wisconsin Avenue No 1101Bethesda, MD 20814

(301) 718-2014

Siviq Scores

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

Liabilities / Assets

68th percentile

0.28x

Higher debt load relative to assets than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.35x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

96th percentile

72%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

97th percentile

$428,211

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

190%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

144%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$3,304,172

Up $2,165,893 (+190%) from 2015

Net Assets

Up

$2,393,275

Up $1,878,459 (+365%) from 2015

Liabilities

Up

$910,897

Up $287,434 (+46%) from 2015

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin96th percentile

Revenue

Up

$2,612,580

Up $1,543,885 (+144%) from 2015

Expenses

Down

$742,332

Down $433,865 (-37%) from 2015

Net Income

Up

$1,870,248

Up $1,977,750 (+1840%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $713,684Liabilities 2010: $269,471Net Assets 2010: $444,2132010Assets 2011: $454,377Liabilities 2011: $193,495Net Assets 2011: $260,8822011Assets 2012: $1,060,246Liabilities 2012: $109,891Net Assets 2012: $950,3552012Assets 2013: $1,408,780Liabilities 2013: $471,723Net Assets 2013: $937,0572013Assets 2014: $1,102,170Liabilities 2014: $472,337Net Assets 2014: $629,8332014Assets 2015: $1,138,279Liabilities 2015: $623,463Net Assets 2015: $514,8162015Assets 2016: $3,304,172Liabilities 2016: $910,897Net Assets 2016: $2,393,2752016Assets 2017: $3,002,758Liabilities 2017: $883,612Net Assets 2017: $2,119,1462017Assets 2018: $2,538,965Liabilities 2018: $758,072Net Assets 2018: $1,780,8932018Assets 2019: $2,116,821Liabilities 2019: $677,298Net Assets 2019: $1,439,5232019Assets 2020: $3,151,168Liabilities 2020: $1,509,481Net Assets 2020: $1,641,6872020Assets 2021: $4,114,026Liabilities 2021: $1,449,158Net Assets 2021: $2,664,8682021Assets 2022: $3,370,243Liabilities 2022: $477,167Net Assets 2022: $2,893,0762022Assets 2023: $4,410,233Liabilities 2023: $485,271Net Assets 2023: $3,924,9622023Assets 2024: $3,524,087Liabilities 2024: $265,047Net Assets 2024: $3,259,0402024

Highlighted filing

2016

Assets$3,304,172
Liabilities$910,897
Net Assets$2,393,275
Open 2016 Filing

Operations Trend

Revenue Growth96th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,032,147Expenses 2010: $1,007,896Net Income 2010: $24,2512010Revenue 2011: $761,122Expenses 2011: $943,059Net Income 2011: -$181,9372011Revenue 2012: $1,451,579Expenses 2012: $778,522Net Income 2012: $673,0572012Revenue 2013: $770,716Expenses 2013: $815,944Net Income 2013: -$45,2282013Revenue 2014: $778,368Expenses 2014: $1,088,646Net Income 2014: -$310,2782014Revenue 2015: $1,068,695Expenses 2015: $1,176,197Net Income 2015: -$107,5022015Revenue 2016: $2,612,580Expenses 2016: $742,332Net Income 2016: $1,870,2482016Revenue 2017: $730,485Expenses 2017: $1,037,475Net Income 2017: -$306,9902017Revenue 2018: $646,255Expenses 2018: $949,832Net Income 2018: -$303,5772018Revenue 2019: $869,825Expenses 2019: $1,260,140Net Income 2019: -$390,3152019Revenue 2020: $982,286Expenses 2020: $908,079Net Income 2020: $74,2072020Revenue 2021: $1,600,164Expenses 2021: $702,023Net Income 2021: $898,1412021Revenue 2022: $1,409,009Expenses 2022: $758,603Net Income 2022: $650,4062022Revenue 2023: $1,821,908Expenses 2023: $835,586Net Income 2023: $986,3222023Revenue 2024: $622,219Expenses 2024: $1,535,415Net Income 2024: -$913,1962024

Highlighted filing

2016

Revenue$2,612,580
Expenses$742,332
Net Income$1,870,248
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$2,639,947
Mission and Program Overview

Mission

Support the american college of medical genetics and genomics' (acmg) educational mission to "translate genes into health" by raising funds to attract the next generation of medical geneticists and genetic counselors, to sponsor important research and to promote information about medical genetics.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$2,005,480-
Savings and Temporary Cash Investments$875,093$1,064,285▲ $189,192
Investments in Publicly Traded Securities$228,648$232,150▲ $3,502
Cash and Non-Interest-Bearing Accounts$26,904--
Accounts Receivable$2,494--
Land, Buildings, and Equipment, Net$1,558$1,474▼ $84
Prepaid Expenses and Deferred Charges$3,582$783▼ $2,799
Total Assets$1,138,279$3,304,172▲ $2,165,893
Liabilities
Other Liabilities$456,621$727,713▲ $271,092
Accounts Payable and Accrued Expenses$166,842$183,184▲ $16,342
Total Liabilities$623,463$910,897▲ $287,434
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,404,066$3,186,296▲ $1,782,230
Permanently Rstr Net Assets$1,000$1,000→ $0
Unrestricted Net Assets$-890,250$-794,021▲ $96,229
Total Net Assets Fund Balance$514,816$2,393,275▲ $1,878,459
Total Liabilities and Net Assets / Fund Balance$1,138,279$3,304,172▲ $2,165,893

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,474$8,895$10,369

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,464-▲ $266-$1,730
2015$1,303-▲ $161-$1,464
2014$1,007-▲ $296-$1,303
2013$1,005-▲ $2-$1,007
2012$1,000-▲ $5-$1,005
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael S WatsonExecutive DirectorPT$367,941$60,270$428,211
Melanie WellsDirector of Admin.PT$131,971$17,308$149,279

Board Members and Trustees

NameTitle
R Rodney HowellPast President
Bruce R KorfPresident
C Scott PalubiakVice-president
Anthony GreggDirector
Arthur BeaudetDirector
David WhitemanDirector
Evan JonesDirector
Gail E HermanDirector
Gerald FeldmanDirector
Laura FurmanskiDirector
Laurel EstabrooksDirector
Louanne HudginsDirector
Matthew RabinowitzDirector
Thomas J EricksonDirector
Brian E WardSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,588,981
Program Service Revenue
$0
Investment Income
$11,598
Other Revenue
$12,001
All Other Contributions
$2,588,981
Change in Net Assets
$1,870,248

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,612,580
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,211
Total Revenue per Audited Statements
$2,620,791
Total Revenue per Form 990
$2,612,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$433,202
Other Expenses$204,852
Salaries, Compensation, and Employee Benefits$104,278
Total Fundraising Expense$75,400
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$389,622--$389,622
Conferences and Meetings$11,948$12$47,702$59,662
Current Officers, Directors, Trustees, and Key Employees$18,920$17,521$9,758$46,199
Fees for Services Other$40,391-$3,765$44,156
Grants to Domestic Individuals$43,580--$43,580
Other Salaries and Wages$4,522$25,137$6,710$36,369
Travel$27,468-$615$28,083
Fees for Services Accounting-$22,057-$22,057
Other Employee Benefits$2,954$7,342$2,459$12,755
Fees for Services Legal-$12,065-$12,065
Occupancy-$11,252-$11,252
Office Expenses$4,520$4,230$1,434$10,184
Payroll Taxes$1,602$3,108$1,163$5,873
Advertising$3,175-$905$4,080
Pension Plan Contributions$438$2,080$564$3,082
Information Technology-$3,031-$3,031
Depreciation Depletion-$1,663-$1,663
Other Expenses$855$528$325$528
Fees for Service Investment Mgmnt Fees-$236-$236
Total Functional Expenses$549,995$116,937$75,400$742,332

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$742,332
Total Expenses per Audited Statements$742,332
Total Expenses per Form 990$742,332
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baylor College of MedicineHouston, TX501(c)(3)Genzyme 2016-2017 Awards$150,000
CHILDREN'S HOSPITAL CORPORATIONBoston, MA501(c)(3)Pfizer 2016-2017 Awards$75,000
University of OklahomaOklahoma City, OK501(c)(3)Pfizer 2016 - 2017 Awards$75,000
American College of Medical Genetics and GenomicsBethesda, MD501(c)(6)Administration of Awards$49,622
University of WashingtonSeattle, WA501(c)(3)Horizon Pharma 2016 Award$40,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$727,713
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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 B, Line 11B

“The form 990 was prepared by the outside accountants and reviewed by the senior finance manager. A copy of the form 990 was sent to the board of directors prior to filing with the irs.”

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

“Conflict of interest forms are completed by all employees, directors and committee members each year. The president and committee chairs ask for disclosures at meetings. If a director has a disclosure, s/he is asked to leave the room during discussion of a conflicted issue.”

Form 990, Part VI, Section B, Line 15A

“The executive director's salary is reviewed each year by the president of the acmg, the president of the acmg foundation and the immediate past president of acmg. They recommend salary increases to the board of directors for approval. The director of administration's salary is recommended by the executive director, approved by the three presidents and sent for board approval. The board approves the entire salary pool for acmg/acmg foundation during the budget approval process each year. The executive director has a written employment contract which is signed every three to five years. In the salary review process, the executive committee compares the executive director's salary to those in the genetics industry as well as to salaries in similar organizations through salary reports and 990s. The three presidents are chairs of their departments and/or deans and have comparable salary information from their universities that are also used. Correspondence is sent to acmg/acmg foundation's human resource department for filing in salary records. The last compensation review took place in december 2016.”

Form 990, Part VI, Section C, Line 19

“Copies of the organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Acmg Foundation for Genetic
EIN
52-1841165
Phone
3017182014
Address
7101 WISCONSIN AVENUE NO 1101, BETHESDA, MD 20814

Signing Officer

Name
Michael S Watson
Title
Executive Director
Phone
3017182014
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael S Watson
Formed
1992
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
33
Volunteers
15

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Contributions are restricted by donors to be invested in perpetuity. Interest earned on the invested balance, when released, is used to support the general operations of the foundation.”

PART X, LINE 2:

“For the year ended december 31, 2016, the foundation has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 673 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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IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1.
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IRS990/Desc02016 SUMMER GENETICS SCHOLARS PROGRAM: ACCORDING TO THE ROYAL COLLEGE OF PHYSICIANS, THERE SHOULD BE ONE FULLTIME EQUIVALENT CLINICAL GENETICIST PER 250,000 CITIZENS. FOLLOWING THE MOST RECENT CERTIFICATION CYCLE IN THE UNITED STATES, THERE IS CURRENTLY ONLY ONE PER 608,000 AMERICANS - LESS THAN HALF OF THE MINIMUM NEEDED TO SERVE THE COUNTRY ADEQUATELY.TO ADDRESS THIS CRITICAL ISSUE, THE ACMG FOUNDATION FOR GENETIC AND GENOMIC MEDICINE (ACMG FOUNDATION) AND ACMG ARE JOINING FORCES TO INTRODUCE SECOND-YEAR MEDICAL STUDENTS TO THE MEDICAL GENETICS FIELD THROUGH AN INTENSIVE SUMMER PROGRAM. BY PAIRING STUDENTS WITH PRACTICING GENETICISTS, THIS PROGRAM WILL FOSTER PROFESSIONAL MENTORSHIPS AND HIGHLIGHT THE MANY DIVERSE EMPLOYMENT OPPORTUNITIES WITHIN THE FIELD OF MEDICAL GENETICS.ACMG FOUNDATION TREATMENT GUIDELINES DEVELOPMENT FUND: THE ACCELERATION OF SCIENTIFIC DISCOVERY OVER THESE LAST FEW YEARS HAS PUT INCREASING DEMANDS ON THE ACMG TO INTENSIFY ITS WORK IN THE DEVELOPMENT OF PRACTICE GUIDELINES, PARTICULARLY TO BE ABLE TO RESPOND QUICKLY AS NEW THERAPEUTICS FOR GENETIC DISEASES EMERGE.THE ACMG FOUNDATION, ON BEHALF OF ACMG, HAS ESTABLISHED A FUND TO DEVELOP AND DISSEMINATE BEST-PRACTICE GUIDELINES THAT RESPOND TO AND INCORPORATE FREQUENT, NEW SCIENTIFIC DISCOVERIES IN THE DIAGNOSIS, MANAGEMENT, AND TREATMENT OF GENETIC CONDITIONS, FROM DETECTION THROUGH NEWBORN SCREENING TO COMMON PROBLEMS OF ADULTHOOD.DAY OF CARING: THE DAY OF CARING IS AN EVENT WHERE FUNDS ARE RAISED TO PROVIDE BICYCLES AND HELMETS TO CHILDREN WITH GENETIC DISEASES. LOCAL GENETICS ORGANIZATIONS ARE TAPPED TO FIND RECIPIENTS AND AN EVENT IS HELD DURING THE ACMG ANNUAL MEETING TO PRESENT THESE BICYCLES.THE PURPOSE OF THE PFIZER/ACMG FOUNDATION'S "TRANSLATIONAL GENOMICS SCHOLARS" AWARD PROGRAM IS TO ADVANCE EDUCATION, RESEARCH AND STANDARDS OF PRACTICE IN MEDICAL GENETICS, AND TO DEVELOP AND EXPAND CLINICAL AND LABORATORY EXPERTISE IN MEDICAL GENETICS IN THE UNITED STATES. IT ALSO SEEKS TO INITIATE AND DEVELOP A BROAD-BASED INFRASTRUCTURE FOR INDUSTRY FUNDING OF HIGH QUALITY PROJECTS IN THE FIELDS OF MEDICAL GENETICS.OTHER AWARDS AND FELLOWSHIPS:- GENZYME CORPORATION FELLOWSHIP- PFIZER CORPORATION FELLOWSHIP- HORIZON PHARMA AWARD
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IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN E WARD
IRS990/Form990PartVIISectionAGrp/PersonNm3R RODNEY HOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS J ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm5EVAN JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA FURMANSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7ANTHONY GREGG
IRS990/Form990PartVIISectionAGrp/PersonNm8LOUANNE HUDGINS
IRS990/Form990PartVIISectionAGrp/PersonNm9GERALD FELDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10LAUREL ESTABROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm11ARTHUR BEAUDET
IRS990/Form990PartVIISectionAGrp/PersonNm12MATTHEW RABINOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID WHITEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14GAIL E HERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL S WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm16MELANIE WELLS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15367941
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16131971
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF ADMIN.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-481
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt0433202
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt043580
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt043580
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0389622
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0389622
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt026886
IRS990/GrossReceiptsAmt02639947
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03031
IRS990/InformationTechnologyGrp/TotalAmt03031
IRS990/InvestmentIncomeGrp/ExclusionAmt012079
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012079
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0228648
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0232150
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08895
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01558
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01474
IRS990/LandBldgEquipCostOrOtherBssAmt010369
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027367
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORT THE AMERICAN COLLEGE OF MEDICAL GENETICS AND GENOMICS' (ACMG) EDUCATIONAL MISSION TO "TRANSLATE GENES INTO HEALTH" BY RAISING FUNDS TO ATTRACT THE NEXT GENERATION OF MEDICAL GENETICISTS AND GENETIC COUNSELORS, TO SPONSOR IMPORTANT RESEARCH AND TO PROMOTE INFORMATION ABOUT MEDICAL GENETICS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0514816
IRS990/NetAssetsOrFundBalancesEOYAmt02393275
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-481
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-481
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08211
IRS990/NoncashContributionsAmt010502
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011252
IRS990/OccupancyGrp/TotalAmt011252
IRS990/OfficeExpensesGrp/FundraisingAmt01434
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04230
IRS990/OfficeExpensesGrp/ProgramServicesAmt04520
IRS990/OfficeExpensesGrp/TotalAmt010184
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02459
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07342
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02954
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012755
IRS990/OtherExpensesGrp/Desc0PAYROLL FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES/SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0325
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12064
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2528
IRS990/OtherExpensesGrp/ProgramServicesAmt0855
IRS990/OtherExpensesGrp/TotalAmt04611
IRS990/OtherExpensesGrp/TotalAmt13244
IRS990/OtherExpensesGrp/TotalAmt2528
IRS990/OtherLiabilitiesGrp/BOYAmt0456621
IRS990/OtherLiabilitiesGrp/EOYAmt0727713
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ACMG ADMIN. FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt012001
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012001
IRS990/OtherRevenueTotalAmt012001
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025137
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04522
IRS990/OtherSalariesAndWagesGrp/TotalAmt036369
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01163
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03108
IRS990/PayrollTaxesGrp/ProgramServicesAmt01602
IRS990/PayrollTaxesGrp/TotalAmt05873
IRS990/PensionPlanContributionsGrp/FundraisingAmt0564
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02080
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0438
IRS990/PensionPlanContributionsGrp/TotalAmt03082
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02005480
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03582
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0783
IRS990/PrincipalOfficerNm0MICHAEL S WATSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01042185
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0582790
IRS990/PYInvestmentIncomeAmt014510
IRS990/PYOtherExpensesAmt0218528
IRS990/PYOtherRevenueAmt012000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-107502
IRS990/PYSalariesCompEmpBnftPaidAmt0170879
IRS990/PYTotalExpensesAmt01176197
IRS990/PYTotalProfFndrsngExpnsAmt0204000
IRS990/PYTotalRevenueAmt01068695
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01870248
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0875093
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01064285
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ACMG FOUNDATION'S SUPPORTED ORGANIZATION, AMERICAN COLLEGE OF MEDICAL GENETICS AND GENOMICS, IS A 501(C)(6).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1ACMG IS A 501(C)(6). FOR PURPOSES OF THE SUPPORTING ORGANIZATION CALCULATIONS, IT IS TESTED PURSUANT TO THE 509(A)(2) PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ANNUALLY, ACMG FOUNDATION COMPLETES THE PUBLIC SUPPORT TEST FOR ACMG UNDER SECTION 509(A)(2) TO ENSURE IT SATISFIES THE PUBLIC SUPPORT REQUIREMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3ACMG FOUNDATION SUPPORT TO ACMG WAS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART I, LINE 11G(III):
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521774227
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt049622
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE AMERICAN COLLEGE OF MEDICAL GENETICS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt049622
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,304,172
Liabilities
$910,897
Net assets
$2,393,275
Revenue
$2,612,580
Expenses
$742,332
Net income
$1,870,248
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.52$0.27$3.26$0.62$1.54$0.91
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.49$3.92$1.82$0.84$0.99
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.48$2.89$1.41$0.76$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$1.45$2.66$1.60$0.70$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$1.51$1.64$0.98$0.91$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.68$1.44$0.87$1.26$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.76$1.78$0.65$0.95$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.88$2.12$0.73$1.04$0.31
2016Detailed filing. Detailed filing data is available for this year.$3.30$0.91$2.39$2.61$0.74$1.87
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.62$0.51$1.07$1.18$0.11
2014Summary only. Only limited summary data is available for this year.$1.10$0.47$0.63$0.78$1.09$0.31
2013Summary only. Only limited summary data is available for this year.$1.41$0.47$0.94$0.77$0.82$0.05
2012Summary only. Only limited summary data is available for this year.$1.06$0.11$0.95$1.45$0.78$0.67
2011Summary only. Only limited summary data is available for this year.$0.45$0.19$0.26$0.76$0.94$0.18
2010Summary only. Only limited summary data is available for this year.$0.71$0.27$0.44$1.03$1.01$0.02
Peer Organizations

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