Aaem Foundation Inc

Nonprofit profile at a glance

EIN
202080841
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-EZ 2018
Location
Milwaukee, WI, USA
Phone
8008842236
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$58,311
Expenses
$158,427
Assets
$416,738
Liabilities
$78

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • JONATHAN S JONES MD (IMMEDIATE PAST PRESIDENT)
  • ROBERT FROLICHSTEIN MD (PRESIDENT)
  • VICKI NORTON MD FAAEM (PRESIDENT-ELECT)
  • KATY WYSZYNSKI MO (RSA PRESIDENT)
  • MARY UNANYAN DO (RSA PRESIDENT (THRU 4/25))

People named in this filing

  • JONATHAN S JONES MD (IMMEDIATE PAST PRESIDENT)
  • ROBERT FROLICHSTEIN MD (PRESIDENT)
  • ERIC BRADER MD (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The aaem foundation is a 501(c)(3) non profit organization established to enforce cpom laws and protect the rights of physicians against corporations that violate cpom laws.

What it reported doing in 2025

The aaem fountation supported those who are (1) studying and providing education relating to the access and availability of emergency medical care, (2) defending the rights of patients to receive such care, and emergency physicians to provide such care and (3) supporting the development of leadership qualities, clinical and operational knowledge of emergency physicians. The latter purpose may include providing financial support for litigation to further these objectives. The foundation will limit financial support to cases involving physician practice rights and cases involving a broad public interest.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 69.8%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -171.7%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 2.63; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 25.6% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 69.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $111K in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 12/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.