American Physical Therapy Association Private Practice Section
Nonprofit profile at a glance
- EIN
- 521214965
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Alexandria, VA, USA
- Phone
- 8005171167
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,358,574
- Expenses
- $3,715,257
- Assets
- $4,537,538
- Liabilities
- $1,657,790
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Mike horsfield (President)
- ROBERT WORTH (VICE PRESIDENT)
Highest reported compensation
- Mike horsfield (President): $10,000 total reported compensation
- ROBERT WORTH (VICE PRESIDENT): $5,000 total reported compensation
- MICHELLE COLLIE (TREASURER - TERM 12/31/2024): $5,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster interest in and provide for the growth of physical therapy in practice settings which allow for independent practice of physical therapy, business success, and provision of quality of care which allow for independent practice of physical therapy, business success, and provision of quality of care.
What it reported doing in 2024
Education: the section provides education at its annual conference and exhibition, apta csm meeting, peer2peer summit, and through regular webinars. Courses are to assist practitioners with leadership development and day-to-day practice management.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 81
- Accountability: 80
- Sustainability: 32
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 4th 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: 88.9%; rating input score 89; 20th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -10.6%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 79; 79th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 9 board members independent · 6 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $10K · 12 people listed
- Highest-paid contractors: 5 contractors listed · $2.8M reported
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.