2025-10-29T08:34:45-05:00 2025-06-30 030225774 GALLAGHER FLYNN & COMPANY LLP PO BOX 2144 SOUTH BURLINGTON VT 05407 990 2024-07-01 204755198 AQUIFER INC AQUI 6037277002 33 S MAIN ST 4 HANOVER NH 03755 LESLIE FALL CHIEF EXECUTIVE OFFICER 6037277002 2025-10-28 1 0 AMY L WOOD CPA P02457252 8028631331 2025-10-20 2024 2025-03-06 01:10:19Z LESLIE FALL 33 S MAIN ST 4 HANOVER NH 03755 8159979 0 X WWW.AQUIFER.ORG X 2006 NH TO ADVANCE MEDICAL EDUCATION THROUGH COLLABORATIVE DEVELOPMENT, MAINTENANCE AND RESEARCH OF INNOVATIVE AND COMPREHENSIVE COMPUTER-ASSISTED INSTRUCTION PROGRAMS. 5 5 39 0 0 0 50000 5000 8114169 7938495 205878 216484 0 0 8370047 8159979 85000 95000 0 0 4986498 4743610 0 0 646372 2363701 2725341 7435199 7563951 934848 596028 15006893 14666466 8863927 7901586 6142966 6764880 X WE ARE A MISSION-DRIVEN NON-PROFIT ORGANIZATION DEDICATED TO DELIVERING THE BEST HEALTH CARE EDUCATION THROUGH COLLABORATIVE DEVELOPMENT AND RESEARCH INTO INNOVATIVE, HIGH-IMPACT VIRTUAL TEACHING AND LEARNING METHODS. 0 0 5618195 95000 7938495 AQUIFER IS A NON PROFIT ORGANIZATION DELIVERING VIRTUAL PATIENT CASES AND ASSESSMENT TOOLS DESIGNED BY THE NATION'S LEADING MEDICAL EDUCATORS TO HELP STUDENTS ACQUIRE MUCH NEEDED CRITICAL REASONING, DIAGNOSTIC AND COMMUNICATION SKILLS. CONTINUED ON SCHEDULE O 5618195 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 120 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NH X CRAIG DAVIS CFO 6037277002 33 S MAIN ST SUITE 4 HANOVER NH 03755 BLAKE DARCY CHAIR 1.00 X X 0 0 0 STEPHEN LAWE TREASURER 1.00 X X 0 0 0 SUSAN FERNANDES DIRECTOR 0.00 X 0 0 0 BRUCE MORGENSTERN MD DIRECTOR 0.00 X 0 0 0 CHARLES PROBER MD DIRECTOR 0.00 X 0 0 0 LESLIE FALL MD CHIEF EXECUTIVE OFFICER 40.00 X 299212 0 51242 CRAIG DAVIS CHIEF FINANCIAL OFFICER 40.00 X 161050 0 48180 EMILY STEWART MD CHIEF CURRICULUM OFFICER 40.00 X 237359 0 23109 VIMAL BHATNAGAR CHIEF OPERATING OFFICER 'TIL 11/24 40.00 X 178157 0 38377 STEPHANIE DEWITT DIR. OF PRODUCT 'TIL 11/24 40.00 X 153413 0 37069 NICK JONES LEAD DEVELOPER 40.00 X 147580 0 15858 SHAWN GRIFFIN PRODUCT ENGINEERING MANAGER 40.00 X 137707 0 33361 NAT PIERSON SENIOR DATA ENGINEER 40.00 X 130115 0 26418 1444593 0 273614 13 0 1 0 SCHRING LLC 5 COMMERCE RD 3462 NEWTOWN CT 06470 SOFTWARE DEVELOPMENT 400331 1 5000 5000 PROGRAM REVENUE 541700 7938495 7938495 7938495 216484 216484 8159979 7938495 0 216484 X 95000 95000 881128 545512 335616 2820281 2188865 435254 196162 106536 82829 16231 7476 712342 554421 113098 44823 223323 172430 36175 14718 19171 19171 60425 60425 802236 557612 83473 161151 69560 69560 45147 29230 13051 2866 936968 841257 57340 38371 95009 68006 19252 7751 438294 263442 71358 103494 10336 10336 211294 209255 2039 36901 36901 7563951 5618195 1299384 646372 7986 10418 9087296 10421403 3955270 2490438 173874 134966 185064 176153 13369 8911 798204 855185 769849 601707 201045 143438 15006893 14666466 1679212 1672688 6701762 5852868 278160 227696 204793 148334 8863927 7901586 X 6142966 6764880 6142966 6764880 15006893 14666466 596028 25886 0 X X 0 1 X 1 0 X 50000 5000 55000 7402738 7217404 7413278 8114169 7938495 38086084 7402738 7217404 7413278 8164169 7943495 38141084 0 304715 336587 325391 301982 288739 1557414 304715 336587 325391 301982 288739 1557414 36583670 6666 7929 61177 205878 216484 498134 6666 7929 61177 205878 216484 498134 7409404 7225333 7474455 8370047 8159979 38639218 0.94680 0.95580 0.01290 0.00920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 185064 176153 8911 8911 OPERATING LEASE LIABILITY 148334 148334 X 8185865 25886 25886 8159979 0 8159979 7563951 0 7563951 0 7563951 PART X, LINE 2: EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION AQUIFER HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS AQUIFER HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, THEREFORE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE MOST RECENT THREE YEARS. 1 ALLIANCE FOR ACADEMIC INTERNAL MEDICINE INC PO BOX 222181 CHANTILLY VA 20153 273063631 501 (C) (3) 20000 0 TO ADVANCE MEDICAL EDUCATION INTERNATIONAL ASSOCIATION OF MEDICAL EDUCATORS 1014 6TH AVE HUNTINGTON WV 25701 541859318 501 (C) (3) 15000 0 TO ADVANCE MEDICAL EDUCATION SOCIETY OF TEACHERS OF FAMILY MEDICINE 11400 TOMAHAWK CREEK PARKWAY SUITE 240 LEAWOOD KS 66211 510187107 501 (C) (3) 10000 0 TO ADVANCE MEDICAL EDUCATION THE AMERICAN GERIATRICS SOCIETY INC CHURCH STREET STATION PO BOX 4836 NEW YORK NY 10277 131950856 501 (C) (3) 20000 0 TO ADVANCE MEDICAL EDUCATION ASSOCIATION OF ACADEMIC RADIOLOGY PO BOX 1488 WARRENVILLE IL 60555 237086211 501 (C) (3) 10000 0 TO ADVANCE MEDICAL EDUCATION THE COUNCIL ON MEDICAL STUDENT EDUCATION IN PEDIATRICS 6728 OLD MCLEAN VILLAGE DR MCLEAN VA 22101 492990751 501 (C) (3) 20000 0 TO ADVANCE MEDICAL EDUCATION 6 0 PART I, LINE 2: AQUIFER HAS AWARDED VARIOUS UNRESTRICTED SUPPORT GRANTS FOR THE PERIOD JULY 2024 TO JUNE 2025, AND REQUIRES RECIPIENTS TO REPORT ANNUALLY ON THE PROJECTS AND ACTIVITIES FOR WHICH THE FUNDS ARE USED. X X X 0 0 0 0 0 0 0 0 0 LESLIE FALL MD CHIEF EXECUTIVE OFFICER 299212 0 0 0 0 0 12122 0 39120 0 350454 0 0 0 EMILY STEWART MD CHIEF CURRICULUM OFFICER 237359 0 0 0 0 0 9505 0 13604 0 260468 0 0 0 VIMAL BHATNAGAR CHIEF OPERATING OFFICER 'TIL 11/24 178157 0 0 0 0 0 7163 0 31214 0 216534 0 0 0 CRAIG DAVIS CHIEF FINANCIAL OFFICER 161050 0 0 0 0 0 6468 0 41712 0 209230 0 0 0 STEPHANIE DEWITT DIR. OF PRODUCT 'TIL 11/24 153413 0 0 0 0 0 5450 0 31619 0 190482 0 0 0 SHAWN GRIFFIN PRODUCT ENGINEERING MANAGER 137707 0 0 0 0 0 5550 0 27811 0 171068 0 0 0 NICK JONES LEAD DEVELOPER 147580 0 0 0 0 0 5914 0 9944 0 163438 0 0 0 NAT PIERSON SENIOR DATA ENGINEER 130115 0 0 0 0 0 5215 0 21203 0 156533 0 0 0 FORM 990, PART III, SECTION 4A: (CONTINUED FROM PROGRAM SERVICE ACCOMPLISHMENTS) AQUIFER COURSES ARE AVAILABLE BY SUBSCRIPTION TO INSTITUTIONS AND INDIVIDUALS AND ADDRESS SUCH CORE CLINICAL DISCIPLINES AS FAMILY MEDICINE, INTERNAL MEDICINE, PEDIATRICS, RADIOLOGY, GERIATRICS AND CLINICAL EXCELLENCE. AQUIFER FURTHER SUPPORTS ITS COMMITMENT TO TEACHING CLINICAL REASON THROUGH DEVELOPMENT OF COURSES FOR INTEGRATING BASIC SCIENCE LEARNING INTO THE CLINICAL TRAINING YEARS, AN INTEGRATED EXAM SYSTEM AND MOBILE APPLICATIONS FOR CONTENT DELIVERY AND MANAGEMENT. OUR COLLABORATIONS WITH THE NATIONAL MEDICAL EDUCATION ORGANIZATIONS SUPPORTS OUR COMMITMENT TO DELIVERING THE BEST HEALTHCARE EDUCATION. OUR SUBSCRIBERS ENSURE WE ARE ABLE TO BE INDEPENDENT AND OUR CONSORTIUM OF VOLUNTEER EDUCATORS SHARE THEIR PASSION AND WISDOM THROUGH COLLABORATIVE DEVELOPMENT AND RESEARCH INTO INNOVATIVE AND HIGH IMPACT VIRTUAL TEACHING AND LEARNING METHODS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING BOARD MEMBERS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND RECOMMENDING ANY COMPENSATION CHANGES TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 184,645. MANAGEMENT AND GENERAL EXPENSES 83,473. FUNDRAISING EXPENSES 161,151. TOTAL EXPENSES 429,269. PROGRAM CONSULTING FEES: PROGRAM SERVICE EXPENSES 372,967. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 372,967. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.