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STUDENT OSTEOPATHIC MEDICAL ASSOCIATION FOUNDATION

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Public IRS 990 nonprofit record

STUDENT OSTEOPATHIC MEDICAL ASSOCIATION FOUNDATION

EIN 36-2967404

What they do

THE FOUNDATION PROVIIDES SCHOLARSHIPS/GRANTS to STUDENTS for TUITION AND/OR COSTS ASSOCIATED WITH ATTENDING A US MEDICAL SCHOOL, INCLUDING TRAVEL. FIVE TYPES of SCHOLARSHIPS INCLUDE NEW MEMBER (5 $500 SCHOLARSHIPS) , MEDICALLY UNDERSERVED (2 $1,500 SCHOLARSHIPS), LEADERSHIP (1 $1,000 SCHOLARSHIPS)., INTERNATIONAL MISSIONS (4 $500 SCHOLARSHIPS), TRAVEL GRANTS (2 $500 AWARDS), WOMEN IN MEDICINE (1,$1,000 SCHOLARSHIP)

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $90.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

284.96%of revenue went to mission work90.5% of expenses · Program services
$314.95spent for every $100 of revenueSpending was higher than revenue this year.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $143,146 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$66,594
Mission workProgram services$189,769284.96% of revenue90.5% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$209,740314.95% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 90.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 314.95% of revenue
2019Expense mix: 82.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 79.86% of revenue

Money in and money out

Revenue$66,594
Expenses$209,740
Annual shortfall $143,146 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$189,769 · 90.5% of expenses
See all reported dollar amounts
Revenue$66,594
Expenses$209,740
Contributions$66,570
Mission work (program services)$189,769
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (8)

ABBEY SANTANELLOCHAIRPERSON

AGILDA DEMADIRECTOR OF MEMBERSHIP

AYESHA HASANDIR OF FINANCIAL AFFAIRS THRU 3/21

AYESHA SHAHDIR OF FINANCIAL AFFAIRS

JEFFREY EDWARDSVICE CHAIRPERSON/FOUNDATION LIASON

RENEE WAKULSKIFOUNDATION LIAISON THOUGH 3/21

SHIKHA PATELCHAIRPERSON THROUGH 3/21

SIDDHANT SRIVASTAVADIR OF SCHOLARSHIPS & GRANTS

About this charity

Location
142 E ONTARIO ST STE 1450, CHICAGO, IL 60611
County
Cook
In care of
ABBEY SANTANELLO
Primary officer
ABBEY SANTANELLO, CHAIRPERSON

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
June 1, 2020
Return type
990EZ
Tax preparer
WARADY & DAVIS LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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