2025-10-02T13:03:50-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2024-01-01 541732481 PHYSICAL THERAPY FUND PHYS 8009992782 3030 POTOMAC AVE 100 ALEXANDRIA VA 22305 CARMEN ELLIOTT EXECUTIVE DIRECTOR 8009992782 2025-10-01 1 1 CHICHI MSANGI P01972113 5712279500 2025-10-01 2024 2025-03-06 01:10:19Z CARMEN ELLIOTT 3030 POTOMAC AVE 100 ALEXANDRIA VA 22305 1824277 0 X N/A X 1993 VA THE PHYSICAL THERAPY FUND PROVIDES RESEARCH AND EDUCATIONAL SUPPORT FOR PHYSICAL THERAPY. 5 5 0 5 0 0 228053 156462 0 0 68398 467864 -62398 -113595 234053 510731 95000 127000 0 0 0 0 0 0 0 23647 18077 118647 145077 115406 365654 4199544 4471072 13172 26400 4186372 4444672 THE PHYSICAL THERAPY FUND PROVIDES RESEARCH AND EDUCATIONAL SUPPORT FOR PHYSICAL THERAPY. 0 0 134593 127000 0 THE PHYSICAL THERAPY FUND GRANTS SCHOLARSHIPS FOR RESEARCH/EDUCATION IN THE FIELD OF PHYSICAL THERAPY. SPEAKERS DISCUSS RELEVANT TOPICS AT THE LEADERSHIP CONFERENCE WHILE INTERNS CONTRIBUTE TO RESEARCH/EDUCATION ISSUES. 134593 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AMERICAN PHYSICAL THERAPY ASSOCIATION-MARY EVERS 7036842782 3030 POTOMAC AVE SUITE 100 ALEXANDRIA VA 22305 KIM NIXON-CAVE PRESIDENT 1.00 20.00 X X 0 16500 0 CYNTHIA ARMSTRONG VICE PRESIDENT 1.00 20.00 X X 0 16500 0 KELLEY KUBOTA SECRETARY 1.00 20.00 X X 0 16500 0 STEVEN WENTZ TREASURER 1.00 0.00 X X 0 0 0 JULIAN MAGEE DIRECTOR 1.00 0.00 X 0 0 0 CARMEN ELLIOTT EXECUTIVE DIRECTOR 12.00 28.00 X 0 197971 26458 0 247471 26458 0 0 1 0 0 94000 62462 156462 295071 295071 1343044 1170251 172793 172793 172793 29700 94000 143295 -113595 -113595 510731 0 0 354269 127000 127000 3675 3675 6250 6250 5193 5193 750 750 MAINTENANCE / REPAIR 1500 1500 EXHIBIT FEES 150 150 559 559 145077 134593 10484 0 175250 84044 285601 100644 65823 7625 32420 22500 41000 3893525 3962184 4199544 4471072 4172 9000 26400 13172 26400 X 4186372 4444672 4186372 4444672 4199544 4471072 365654 -107354 0 X 0 1 X 1 0 X 393856 1661466 258519 228053 156462 2698356 393856 1661466 258519 228053 156462 2698356 198696 2499660 15445 1907 21484 61453 295071 395360 4100 15950 42360 29700 92110 3185826 0.78460 0.87130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2020 AMOUNT: $ 4,100. 2022 AMOUNT: $ 15,950. 2023 AMOUNT: $ 42,360. 2024 AMOUNT: $ 29,700. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 467024 43203 28740 481487 1447204 46589 26771 1467022 1562767 -89434 26129 1447204 516358 1000000 70048 23639 1562767 461987 75597 21226 516358 0.00000 0.41067 0.58933 0 0 0 X PART V, LINE 4: ENDOWMENT FUNDS OF THE PHYSICAL THERAPY FUND ARE TO BE USED FOR SCHOLARSHIP FUNDING. PART X, LINE 2: APTA, A.P.T. PROPERTIES, PT FUND, PT PAC, AND THE FPTR ARE EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES ON THEIR EXEMPT ACTIVITIES UNDER SECTION 501(C)(6), 501(C)(2), 501(C)(3), 527, AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE (IRC). THE LLC IS CONSIDERED A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. THE ORGANIZATION IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME. PT FUND HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE IRC. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX ON ITS EXEMPT ACTIVITIES AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A)(2) OF THE IRC. MANAGEMENT HAS CONCLUDED THAT EACH ENTITY HAS MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. CELEBRATION OF DIVERSITY 123700 94000 29700 45400 79545 3500 14850 123700 94000 29700 45400 79545 3500 14850 143295 -113595 0 MINORITY SCHOLARSHIP 18 86000 N/A N/A MCMILLIAN SCHOLARSHIP 6 28000 N/A N/A DIMENSION OF DIVERSITY SCHOLARSHIP 2 10000 N/A N/A HARKER INTERNSHIP 1 1000 N/A N/A PART I, LINE 2: FOR SCHOLARSHIP PAYMENTS, THE STUDENTS ARE PERMITTED TO USE FOR ANY PURPOSE (BUT THEY ARE RESPONSIBLE FOR ANY TAX RAMIFICATIONS OF NOT USING FOR QUALIFIED EXPENSES). PHYSICAL THERAPY FUND DOES NOT MONITOR THE STUDENTS' USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 CARMEN ELLIOTT EXECUTIVE DIRECTOR 0 197971 0 0 0 0 0 19960 0 6498 0 224429 0 0 FORM 990, PART VI, SECTION A, LINE 1A WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE, THE MEMBERS OF WHICH SHALL BE THE SAME AS THE MEMBERS OF THE ASSOCIATION'S EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD OF DIRECTORS EXCEPT AS LIMITED BY LAW OR BY RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL TO ITS PARENT COMPANY, THE AMERICAN PHYSICAL THERAPY ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE VOTING MEMBER OF THE PHYSICAL THERAPY FUND IS THE AMERICAN PHYSICAL THERAPY ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY OF THE PHYSICAL THERAPY FUND SHALL BE ELECTED BY THE AFFIRMATIVE VOTE OF THE AMERICAN PHYISCAL THERAPY ASSOCIATION, THE SOLE VOTING MEMBER. FORM 990, PART VI, SECTION B, LINE 11B PHYSICAL THERAPY FUND'S BOARD WILL REVIEW THE DRAFT FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE COVERED PERSONS ARE ALL CURRENTLY ELECTED MEMBERS OF THE BOARD OF DIRECTORS, THE CEO, AND STAFF. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A STATEMENT ANNUALLY ATTESTING THAT HE/SHE HAS READ THE CONFLICT OF INTEREST POLICY AND UNDERSTANDS THIS POLICY. THEY ARE FURTHER OBLIGATED TO DISCLOSE ANY CONFLICTS AND SHALL REFRAIN FROM PARTICIPATING IN OR BEING PRESENT FOR DELIBERATIONS, DISCUSSIONS, OR DECISIONS RELATED TO THE DISCLOSED CONFLICT RELATIONSHIP. THE CEO IS RESPONSIBLE FOR ADMINISTERING AND ENFORCING THE BOARD OF DIRECTORS' POLICIES. THE CEO IS ALSO RESPONSIBLE FOR ADMINISTERING AND ENFORCING THE STAFF POLICIES. ACCORDING TO APTA STAFF POLICY #205, STAFF ARE REQUIRED TO DISCLOSE TO THEIR VP OR EVP ANY SITUATION WHERE THEY MAY HAVE A POTENTIAL CONFLICT. IN THESE CASES, STAFF MAY NOT PARTICIPATE IN ANY DECISION MAKING RELATED TO THE CONFLICT. ATTACHED ARE COPIES OF BOTH THE BOARD AND STAFF POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT PROVIDE COMPENSATION TO CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIALS, OFFICERS OR KEY EMPLOYEES. ALL PHYSICAL THERAPY FUND (PTF) BOARD MEMBERS ARE MEMBERS OF RELATED ORGANIZATION, AMERICAN PHYSICAL THERAPY ASSOCIATION (APTA). APTA COMPENSATES CEO, EXECUTIVE DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS OR KEY EMPLOYEES. APTA HAS A PROCESS IN PLACE FOR DETERMINING THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT-OF-INTEREST POLICY IS AVAILABLE BY REQUEST IN-PERSON: AT THE ORGANIZATION'S PRINCIPAL OFFICE; BY MAIL: UPON WRITTEN REQUEST, THE ORGANIZATION PROVIDE COPIES WITHIN 30 DAYS. AMERICAN PHYSICAL THERAPY ASSOCIATION 3030 POTOMAC AVE SUITE 100 ALEXANDRIA VA 22305 131512769 MEMBERSHIP ORGANIZATION IL 501(C)(6) N/A 0 APT PROPERTIES INC 3030 POTOMAC AVE SUITE 100 ALEXANDRIA VA 22305 541233877 TITLE HOLDING CORPORATION VA 501(C)(2) APTA 0 PHYSICAL THERAPY POLITICAL ACTION COMMITTEE 3030 POTOMAC AVE SUITE 100 ALEXANDRIA VA 22305 546145303 POLITICAL ACTION COMMITTEE VA 527 APTA 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 AMERICAN PHYSICAL THERAPY ASSOCIATION C 65000 CASH AMERICAN PHYSICAL THERAPY ASSOCIATION O 46951 FMV