Civic Intelligence

Physical Therapy Fund

990 • Fiscal year 2021 • EIN 54-1732481

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 31, 2022

3030 Potomac Ave 100Alexandria, VA 22305

(800) 999-2782

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

90th percentile

$192,418

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

90th percentile

70%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

120%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,087,102

Up $1,682,594 (+70%) from 2020

Net Assets

Up

$4,075,421

Up $1,897,305 (+87%) from 2020

Liabilities

Down

$11,681

Down $214,711 (-95%) from 2020

Revenue

Up

$1,682,454

Up $917,982 (+120%) from 2020

Expenses

Up

$72,905

Up $7,066 (+11%) from 2020

Net Income

Up

$1,609,549

Up $910,916 (+130%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $467,739Liabilities 2010: $78Net Assets 2010: $467,6612010Assets 2011: $999,982Liabilities 2011: $12,713Net Assets 2011: $987,2692011Assets 2012: $1,092,531Liabilities 2012: $11,094Net Assets 2012: $1,081,4372012Assets 2013: $1,250,519Liabilities 2013: $10,987Net Assets 2013: $1,239,5322013Assets 2014: $1,338,700Liabilities 2014: $8,759Net Assets 2014: $1,329,9412014Assets 2015: $1,318,328Liabilities 2015: $7,164Net Assets 2015: $1,311,1642015Assets 2016: $1,110,527Liabilities 2016: $3,712Net Assets 2016: $1,106,8152016Assets 2017: $1,281,406Liabilities 2017: $4,024Net Assets 2017: $1,277,3822017Assets 2018: $1,268,386Liabilities 2018: $0Net Assets 2018: $1,268,3862018Assets 2019: $1,586,278Liabilities 2019: $5,000Net Assets 2019: $1,581,2782019Assets 2020: $2,404,508Liabilities 2020: $226,392Net Assets 2020: $2,178,1162020Assets 2021: $4,087,102Liabilities 2021: $11,681Net Assets 2021: $4,075,4212021Assets 2022: $3,801,369Liabilities 2022: $38,139Net Assets 2022: $3,763,2302022Assets 2023: $4,199,544Liabilities 2023: $13,172Net Assets 2023: $4,186,3722023Assets 2024: $4,471,072Liabilities 2024: $26,400Net Assets 2024: $4,444,6722024

Highlighted filing

2021

Assets$4,087,102
Liabilities$11,681
Net Assets$4,075,421

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $69,314Expenses 2010: $48,701Net Income 2010: $20,6132010Revenue 2011: $521,101Expenses 2011: $47,047Net Income 2011: $474,0542011Expenses 2012: $66,1232012Revenue 2013: $82,633Expenses 2013: $72,382Net Income 2013: $10,2512013Revenue 2014: $96,699Expenses 2014: $73,517Net Income 2014: $23,1822014Revenue 2015: $96,004Expenses 2015: $81,977Net Income 2015: $14,0272015Revenue 2016: $177,887Expenses 2016: $372,475Net Income 2016: -$194,5882016Revenue 2017: $131,235Expenses 2017: $83,725Net Income 2017: $47,5102017Revenue 2018: $126,365Expenses 2018: $68,115Net Income 2018: $58,2502018Revenue 2019: $152,031Expenses 2019: $74,477Net Income 2019: $77,5542019Revenue 2020: $764,472Expenses 2020: $65,839Net Income 2020: $698,6332020Revenue 2021: $1,682,454Expenses 2021: $72,905Net Income 2021: $1,609,5492021Revenue 2022: $418,440Expenses 2022: $95,947Net Income 2022: $322,4932022Revenue 2023: $234,053Expenses 2023: $118,647Net Income 2023: $115,4062023Revenue 2024: $510,731Expenses 2024: $145,077Net Income 2024: $365,6542024

Highlighted filing

2021

Revenue$1,682,454
Expenses$72,905
Net Income$1,609,549
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 31, 2022
Return Version
2021v4.2
Gross Receipts
$1,722,702
Mission and Program Overview

Mission

The physical therapy fund provides research and educational support for physical therapy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,205,780$2,747,560▲ $541,780
Accounts Receivable$18,441$1,127,238▲ $1,108,797
Cash and Non-Interest-Bearing Accounts$137,348$172,344▲ $34,996
Pledges and Grants Receivable$42,939$39,960▼ $2,979
Total Assets$2,404,508$4,087,102▲ $1,682,594
Liabilities
Deferred Revenue$225,755$10,380▼ $215,375
Accounts Payable and Accrued Expenses$637$1,301▲ $664
Total Liabilities$226,392$11,681▼ $214,711
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,178,116$4,075,421▲ $1,897,305
Total Net Assets Fund Balance$2,178,116$4,075,421▲ $1,897,305
Total Liabilities and Net Assets / Fund Balance$2,404,508$4,087,102▲ $1,682,594

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$516,358$1,000,000▲ $70,048-$1,562,767
2020$461,987-▲ $75,597-$516,358
2019$385,148-▲ $95,053-$461,987
2018$421,581-▼ $17,227-$385,148
2017$355,613-▲ $92,271-$421,581
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kyle CovingtonSecretary$20,000$20,000
Cynthia ArmstrongVice President$16,500$16,500
Deirdre DaleyPresident$16,500$16,500

Board Members and Trustees

NameTitle
Jeremy HouserDirector
Carmen ElliottExecutive Director (started April)
Patricia SloughTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,661,466
Program Service Revenue
$0
Investment Income
$20,988
Other Revenue
$0
All Other Contributions
$645,232
Change in Net Assets
$1,609,549

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded229$40,249
Total Noncash Contributions229$40,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$58,000
Other Expenses$14,905
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$58,000--$58,000
Office Expenses$5,936--$5,936
Fees for Services Accounting$3,240--$3,240
Fees for Service Investment Mgmnt Fees-$2,979-$2,979
Other Expenses$2,000--$2,000
Travel$750--$750
Total Functional Expenses$69,926$2,979$0$72,905
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 1A

When the board of directors is not in session, the executive committee, the members of which shall be the same as the members of the association's executive committee shall have and may exercise all the authority of the board of directors except as limited by law or by resolution of the board of directors.

Form 990, Part VI, Section A, Line 3

The organization delegates control to its parent company, the american physical therapy association.

Form 990, Part VI, Section A, Line 6

The sole voting member of the physical therapy fund is the american physical therapy association.

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

The governing body of the physical therapy fund shall be elected by the affirmative vote of the american phyiscal therapy association, the sole voting member.

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

Physical therapy fund's board will review the draft form 990 before it is filed with the internal revenue service.

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

According to the organization's conflict of interest policy, the covered persons are all currently elected members of the board of directors, the ceo, and staff. Members of the board of directors are required to sign a statement annually attesting that he/she has read the conflict of interest policy and understands this policy. They are further obligated to disclose any conflicts and shall refrain from participating in or being present for deliberations, discussions, or decisions related to the disclosed conflict relationship. The ceo is responsible for administering and enforcing the board of directors' policies. The ceo is also responsible for administering and enforcing the staff policies. According to apta staff policy #205, staff are required to disclose to their vp or evp any situation where they may have a potential conflict. In these cases, staff may not participate in any decision making related to the conflict. Attached are copies of both the board and staff policies.

Form 990, Part VI, Section B, Line 15

The organization does not provide compensation to ceo, executive director, top management officials, officers or key employees. All american physical therapy fund (aptf) board members are members of related organization, american physical therapy association (apta). Apta compensates ceo, executive directors, top management officials, officers or key employees. Apta has a process in place for determining the compensation of the ceo, executive director, top management official, officers and key employees of the organization.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Physical Therapy Fund
EIN
54-1732481
Phone
8009992782
Address
3030 POTOMAC AVE 100, ALEXANDRIA, VA 22305

Signing Officer

Name
Carmen Elliott
Title
Executive Director
Phone
8009992782
Signed
2022-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmen Elliott
Formed
1993
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
901 N GLEBE ROAD SUITE 200, ARLINGTON, VA 22203
Preparer
J Andrew Smith
Phone
5712279500
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment funds of the physical therapy fund are to be used for scholarship funding, provide support for summer interns for government affairs department, support honorarium and travel expenses for lecturers, and support delegates to conventions.

PART X, LINE 2:

Apta, a.p.t. Properties, pt fund, and the pt pac are exempt from the payment of federal income taxes on their exempt activities under section 501(c)(6), 501(c)(2), 501(c)(3), and 527, respectively, of the internal revenue code (irc). The llc is considered a disregarded entity for federal income tax purposes. The organization is subject to tax on any unrelated business income. Pt fund has not been classified as a private foundation under section 509(a)(2) of the irc. Management has concluded that each entity has maintained its exempt status and that there are no uncertain tax positions as of december 31, 2021 and 2020. Apta generates unrelated business income that is subject to federal and state income taxes. For tax and consolidated financial statement purposes, apta had loss carry forwards from unrelated business income activities totaling approximately $ 3,499,000 and $3,393,000 as of december 31, 2021 and 2020, respectively, which may be used to offset future taxable income. Management has determined it is not probable this carryforward will be utilized in future years, and thus no deferred tax asset has been recorded on the consolidated statements of financial position. A.p.t properties, pt fund, pt pac, and the llc had no unrelated business income for the years ended december 31, 2021 and 2020.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02278480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt046508
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020434
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0109131
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04151
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04151
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89510
IRS990ScheduleA/PublicSupportPY170Pct00.65750
IRS990ScheduleA/PublicSupportTotal170Amt02205343
IRS990ScheduleA/SubstantialContributorsTotAmt073137
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01661466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0393856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt087423
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt089145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046590
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02278480
IRS990ScheduleA/TotalSupportAmt02463778
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt018100
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt013150
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt040766
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt072016
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0516358
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01000000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01562767
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt023639
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt070048
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0461987
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0516358
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt021226
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt075597
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0385148
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0461987
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt018214
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt095053
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0421581
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0385148
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt019206
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17227
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0355613
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0421581
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt026303
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt092271
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.76642
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS OF THE PHYSICAL THERAPY FUND ARE TO BE USED FOR SCHOLARSHIP FUNDING, PROVIDE SUPPORT FOR SUMMER INTERNS FOR GOVERNMENT AFFAIRS DEPARTMENT, SUPPORT HONORARIUM AND TRAVEL EXPENSES FOR LECTURERS, AND SUPPORT DELEGATES TO CONVENTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1APTA, A.P.T. PROPERTIES, PT FUND, AND THE PT PAC ARE EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES ON THEIR EXEMPT ACTIVITIES UNDER SECTION 501(C)(6), 501(C)(2), 501(C)(3), AND 527, RESPECTIVELY, OF THE INTERNAL REVENUE CODE (IRC). THE LLC IS CONSIDERED A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. THE ORGANIZATION IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME. PT FUND HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE IRC. MANAGEMENT HAS CONCLUDED THAT EACH ENTITY HAS MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2021 AND 2020. APTA GENERATES UNRELATED BUSINESS INCOME THAT IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. FOR TAX AND CONSOLIDATED FINANCIAL STATEMENT PURPOSES, APTA HAD LOSS CARRY FORWARDS FROM UNRELATED BUSINESS INCOME ACTIVITIES TOTALING APPROXIMATELY $ 3,499,000 AND $3,393,000 AS OF DECEMBER 31, 2021 AND 2020, RESPECTIVELY, WHICH MAY BE USED TO OFFSET FUTURE TAXABLE INCOME. MANAGEMENT HAS DETERMINED IT IS NOT PROBABLE THIS CARRYFORWARD WILL BE UTILIZED IN FUTURE YEARS, AND THUS NO DEFERRED TAX ASSET HAS BEEN RECORDED ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. A.P.T PROPERTIES, PT FUND, PT PAC, AND THE LLC HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.23358
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt023000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt135000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MCMILLIAN SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MINORITY SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt17
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FOR SCHOLARSHIP PAYMENTS, THE STUDENTS ARE PERMITTED TO USE FOR ANY PURPOSE (BUT THEY ARE RESPONSIBLE FOR ANY TAX RAMIFICATIONS OF NOT USING FOR QUALIFIED EXPENSES). PHYSICAL THERAPY FUND DOES NOT MONITOR THE STUDENTS' USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01656
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0168426
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt016898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05438
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CARMEN ELLIOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR (STARTED APRIL)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0192418
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt0229
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt040249
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE, THE MEMBERS OF WHICH SHALL BE THE SAME AS THE MEMBERS OF THE ASSOCIATION'S EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD OF DIRECTORS EXCEPT AS LIMITED BY LAW OR BY RESOLUTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATES CONTROL TO ITS PARENT COMPANY, THE AMERICAN PHYSICAL THERAPY ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE VOTING MEMBER OF THE PHYSICAL THERAPY FUND IS THE AMERICAN PHYSICAL THERAPY ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY OF THE PHYSICAL THERAPY FUND SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF THE AMERICAN PHYISCAL THERAPY ASSOCIATION, THE SOLE VOTING MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PHYSICAL THERAPY FUND'S BOARD WILL REVIEW THE DRAFT FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCORDING TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE COVERED PERSONS ARE ALL CURRENTLY ELECTED MEMBERS OF THE BOARD OF DIRECTORS, THE CEO, AND STAFF. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A STATEMENT ANNUALLY ATTESTING THAT HE/SHE HAS READ THE CONFLICT OF INTEREST POLICY AND UNDERSTANDS THIS POLICY. THEY ARE FURTHER OBLIGATED TO DISCLOSE ANY CONFLICTS AND SHALL REFRAIN FROM PARTICIPATING IN OR BEING PRESENT FOR DELIBERATIONS, DISCUSSIONS, OR DECISIONS RELATED TO THE DISCLOSED CONFLICT RELATIONSHIP. THE CEO IS RESPONSIBLE FOR ADMINISTERING AND ENFORCING THE BOARD OF DIRECTORS' POLICIES. THE CEO IS ALSO RESPONSIBLE FOR ADMINISTERING AND ENFORCING THE STAFF POLICIES. ACCORDING TO APTA STAFF POLICY #205, STAFF ARE REQUIRED TO DISCLOSE TO THEIR VP OR EVP ANY SITUATION WHERE THEY MAY HAVE A POTENTIAL CONFLICT. IN THESE CASES, STAFF MAY NOT PARTICIPATE IN ANY DECISION MAKING RELATED TO THE CONFLICT. ATTACHED ARE COPIES OF BOTH THE BOARD AND STAFF POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT PROVIDE COMPENSATION TO CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIALS, OFFICERS OR KEY EMPLOYEES. ALL AMERICAN PHYSICAL THERAPY FUND (APTF) BOARD MEMBERS ARE MEMBERS OF RELATED ORGANIZATION, AMERICAN PHYSICAL THERAPY ASSOCIATION (APTA). APTA COMPENSATES CEO, EXECUTIVE DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS OR KEY EMPLOYEES. APTA HAS A PROCESS IN PLACE FOR DETERMINING THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0APTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1APTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMERICAN PHYSICAL THERAPY ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1APT PROPERTIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2PHYSICAL THERAPY POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0131512769
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1541233877
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2546145303
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEMBERSHIP ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TITLE HOLDING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03030 POTOMAC AVE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13030 POTOMAC AVE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt23030 POTOMAC AVE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALEXANDRIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ALEXANDRIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ALEXANDRIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd022305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd122305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd222305
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$0.03$4.44$0.51$0.15$0.37
2023Detailed filing. Detailed filing data is available for this year.$4.20$0.01$4.19$0.23$0.12$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.04$3.76$0.42$0.10$0.32
2021Detailed filing. Detailed filing data is available for this year.$4.09$0.01$4.08$1.68$0.07$1.61
2020Detailed filing. Detailed filing data is available for this year.$2.40$0.23$2.18$0.76$0.07$0.70
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.58$0.15$0.07$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.13$0.07$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.13$0.08$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.18$0.37$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.10$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$0.10$0.07$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.08$0.07$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.01$1.08$0.07
2011Summary only. Only limited summary data is available for this year.$1.00$0.01$0.99$0.52$0.05$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.07$0.05$0.02