Charity Search / FOUNDATION FOR PHYSICIAN ADVANCEMENT
Health Care (E03) 990 on File

FOUNDATION FOR PHYSICIAN ADVANCEMENT

EIN: 87-2591102 · CORNELIUS, NC 28031-7078 · United States · FY 2025 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 40/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$271K
Total Revenue
$284K
Total Expenses
$114K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.7%
Fundraising Efficiency N/A
Operating Reserve 4.80x
Liability-to-Asset 0.3%
Revenue Diversification 100.0%
Executive Compensation $32K
Compared with Peers
FY 2025
Compared with 2,122 similar organizations (United States, Health Care, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.7% 84.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
16.3% 11.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.8 mo 13.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.3% 0.9%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 92.9%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
-4.9% 5.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $271K $284K $114K 83.7% 0
2023 $376K $357K $70K 84.2% 0
2022 $216K $158K $59K 18.1% 0
2021 $9K $8K N/A 1
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Organization Details
EIN
87-2591102
State
NC
City
CORNELIUS
ZIP
28031-7078
Classification
E03
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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