Civic Intelligence

Acmg Foundation for Genetic and Genomic Medicine

990 • Fiscal year 2017 • EIN 52-1841165

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 23, 2018

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

70th percentile

0.29x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

1.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$422,191

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 57.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

12th percentile

-9.1%

Faster asset growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$3,002,758

Down $301,414 (-9.1%) from 2016

Net Assets

Down

$2,119,146

Down $274,129 (-11%) from 2016

Liabilities

Down

$883,612

Down $27,285 (-3.0%) from 2016

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin7th percentile

Revenue

Down

$730,485

Down $1,882,095 (-72%) from 2016

Expenses

Up

$1,037,475

Up $295,143 (+40%) from 2016

Net Income

Down

-$306,990

Down $2,177,238 (-116%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth12th 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

2017

Assets$3,002,758
Liabilities$883,612
Net Assets$2,119,146
Open 2017 Filing

Operations Trend

Revenue Growth2nd 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

2017

Revenue$730,485
Expenses$1,037,475
Net Income-$306,990
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 23, 2018
Return Version
2017v2.3
Gross Receipts
$730,485
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
Savings and Temporary Cash Investments$1,064,285$1,633,516▲ $569,231
Pledges and Grants Receivable$2,005,480$1,083,897▼ $921,583
Investments in Publicly Traded Securities$232,150$280,614▲ $48,464
Land, Buildings, and Equipment, Net$1,474$3,140▲ $1,666
Prepaid Expenses and Deferred Charges$783$1,591▲ $808
Total Assets$3,304,172$3,002,758▼ $301,414
Liabilities
Other Liabilities$727,713$485,155▼ $242,558
Accounts Payable and Accrued Expenses$183,184$398,457▲ $215,273
Total Liabilities$910,897$883,612▼ $27,285
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,186,296$2,706,035▼ $480,261
Permanently Rstr Net Assets$1,000$1,000→ $0
Unrestricted Net Assets$-794,021$-587,889▲ $206,132
Total Net Assets Fund Balance$2,393,275$2,119,146▼ $274,129
Total Liabilities and Net Assets / Fund Balance$3,304,172$3,002,758▼ $301,414

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,450$852$3,302
Other Land Buildings$690-$690

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,730-▲ $266-$1,996
2016$1,464-▲ $266-$1,730
2015$1,303-▲ $161-$1,464
2014$1,007-▲ $296-$1,303
2013$1,005-▲ $2-$1,007
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael S WatsonExecutive DirectorPT$362,916$59,275$422,191
Melanie WellsDirector of AdministrationPT$137,211$24,785$161,996

Board Members and Trustees

NameTitle
R Rodney HowellPast President
Bruce R KorfPresident
David WhitemanVice President
Art L BeaudetDirector
Evan JonesDirector
Jeff HawkinsDirector
Laura EstabrooksDirector
Madhuri HedgeDirector
Matthew RabinowitzDirector
Thomas EricksonDirector
Anthony GreggEx-officio
Gerald FeldmanEx-officio
Louanne HudginsEx-officio
Brian WardSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$678,684
Program Service Revenue
$0
Investment Income
$20,275
Other Revenue
$31,526
All Other Contributions
$678,684
Change in Net Assets
$-306,990

Audited Revenue Reconciliation

Revenue per Audited Statements
$730,485
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$32,861
Total Revenue per Audited Statements
$763,346
Total Revenue per Form 990
$730,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$797,559
Salaries, Compensation, and Employee Benefits$129,485
Other Expenses$110,431
Total Fundraising Expense$34,246
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$738,999--$738,999
Other Salaries and Wages$18,959$47,961$3,402$70,322
Grants to Domestic Individuals$58,560--$58,560
Current Officers, Directors, Trustees, and Key Employees$12,600$31,874$2,262$46,736
Travel$4,383$804$20,143$25,330
Fees for Services Accounting-$19,450-$19,450
Office Expenses$3,978$11,088$934$16,000
Fees for Services Other$9,008$3,998$1,277$14,283
Payroll Taxes$1,954$4,942$351$7,247
Occupancy-$5,730-$5,730
Conferences and Meetings$1,361-$4,147$5,508
Pension Plan Contributions$1,396$3,533$251$5,180
Advertising$1,881$2,463-$4,344
Fees for Services Legal-$3,893-$3,893
Information Technology-$2,328-$2,328
All Other Expenses$371-$1,455$1,826
Fees for Service Investment Mgmnt Fees-$1,028-$1,028
Depreciation Depletion-$747-$747
Other Expenses$597$575$24$575
Insurance-$60-$60
Total Functional Expenses$854,047$149,182$34,246$1,037,475

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,037,475
Total Expenses per Audited Statements$1,037,475
Total Expenses per Form 990$1,037,475
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Detroit Education & ResearchDetroit, MI501(c)(4)2017-2018 Shire Fellowship Award$150,000
Baylor College of MedicineHouston, TX501(c)(3)2017-2018 Shire Fellowship Award$75,000
CHILDREN'S RESEARCH INSTITUTEWashington, DC501(c)(3)2017-2018 Shire Fellowship Award$75,000
John Hopkins UniversityChicago, IL501(c)(3)2017-2018 Shire Fellowship Award$75,000
The University of Texas Health Science CenterHouston, TX501(c)(3)2017-2018 Shire Fellowship Award$75,000
University Health Center of PittsburgPittsburg, PA501(c)(3)2017-2018 Shire Fellowship Award$75,000
University of MiamiAtlanta, GA501(c)(3)2017-2018 Shire Fellowship Award$75,000
American College of Medical Genetics and GenomicsBethesda, MD501(c)(6)Administration of Awards$63,670
Uab UniversityBirmingham, AL501(c)(3)2017-2018 Shire Fellowship Award$37,500
University of North CarolinaChapel Hill, NC501(c)(3)2017-2018 Shire Fellowship Award$37,500
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$485,155
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 annually completed by all employees, directors and committee members. 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 january 2018.”

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
2018-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael S Watson
Formed
1992
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
37
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, 2017, 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 736 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/Desc02017 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 ON PER 608,000 AMERICANS, LESS THAN HALF OF THE MINIMUM NEEDED TO ADEQUATELY SERVE THE COUNTRY.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 MENTORSHIP 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- SHIRE CORPORATION FELLOWSHIP
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1459275
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1524785
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IRS990/Form990PartVIISectionAGrp/PersonNm1R RODNEY HOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID WHITEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN WARD
IRS990/Form990PartVIISectionAGrp/PersonNm4ART L BEAUDET
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA ESTABROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm7EVAN JONES
IRS990/Form990PartVIISectionAGrp/PersonNm8MATTHEW RABINOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm9MADHURI HEDGE
IRS990/Form990PartVIISectionAGrp/PersonNm10JEFF HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm11GERALD FELDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12ANTHONY GREGG
IRS990/Form990PartVIISectionAGrp/PersonNm13LOUANNE HUDGINS
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL S WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm15MELANIE WELLS
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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/ReportableCompFromOrgAmt14362916
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15137211
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF ADMINISTRATION
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IRS990/FormationYr01992
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IRS990/FSAuditedInd01
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0738999
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0730485
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt02328
IRS990/InsuranceGrp/ManagementAndGeneralAmt060
IRS990/InsuranceGrp/TotalAmt060
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020275
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0232150
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0280614
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0852
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01474
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03140
IRS990/LandBldgEquipCostOrOtherBssAmt03992
IRS990/LegalDomicileStateCd0IL
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/NetAssetsOrFundBalancesBOYAmt02393275
IRS990/NetAssetsOrFundBalancesEOYAmt02119146
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt032861
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05730
IRS990/OccupancyGrp/TotalAmt05730
IRS990/OfficeExpensesGrp/FundraisingAmt0934
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011088
IRS990/OfficeExpensesGrp/ProgramServicesAmt03978
IRS990/OfficeExpensesGrp/TotalAmt016000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PAYROLL FEES
IRS990/OtherExpensesGrp/Desc1CREDIT CARD PROC. FEES
IRS990/OtherExpensesGrp/Desc2DUES/SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3GRANT ADMINISTRATION
IRS990/OtherExpensesGrp/FundraisingAmt024
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06127
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11829
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2752
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3575
IRS990/OtherExpensesGrp/ProgramServicesAmt0597
IRS990/OtherExpensesGrp/TotalAmt06127
IRS990/OtherExpensesGrp/TotalAmt11853
IRS990/OtherExpensesGrp/TotalAmt21349
IRS990/OtherExpensesGrp/TotalAmt3575
IRS990/OtherLiabilitiesGrp/BOYAmt0727713
IRS990/OtherLiabilitiesGrp/EOYAmt0485155
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1ACMG ADMIN. FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt017026
IRS990/OtherRevenueMiscGrp/ExclusionAmt114500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017026
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt114500
IRS990/OtherRevenueTotalAmt031526
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03402
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047961
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018959
IRS990/OtherSalariesAndWagesGrp/TotalAmt070322
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0351
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04942
IRS990/PayrollTaxesGrp/ProgramServicesAmt01954
IRS990/PayrollTaxesGrp/TotalAmt07247
IRS990/PensionPlanContributionsGrp/FundraisingAmt0251
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03533
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01396
IRS990/PensionPlanContributionsGrp/TotalAmt05180
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02005480
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01083897
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0783
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01591
IRS990/PrincipalOfficerNm0MICHAEL S WATSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02588981
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0433202
IRS990/PYInvestmentIncomeAmt011598
IRS990/PYOtherExpensesAmt0204852
IRS990/PYOtherRevenueAmt012001
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01870248
IRS990/PYSalariesCompEmpBnftPaidAmt0104278
IRS990/PYTotalExpensesAmt0742332
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02612580
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-306990
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01633516
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
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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
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt063670
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE AMERICAN COLLEGE OF MEDICAL GENETICS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt063670

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,002,758
Liabilities
$883,612
Net assets
$2,119,146
Revenue
$730,485
Expenses
$1,037,475
Net income
-$306,990
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
2017Detailed filing. Detailed filing data is available for this year.$3.00$0.88$2.12$0.73$1.04$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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