Skip to main content

Nonprofit · EIN 26-2974477

FUTURE MED LA FOUNDATION

Tax-exempt · LOS ANGELES, CA 90017

Financials

$217K$119K2023$19K$121K2024
Revenue Expenses · by fiscal year end
Financials of FUTURE MED LA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ (amended)$18,943$120,573-$101,630$167,503$42,574$124,929
December 31, 2023990$217,183$118,559$98,624$266,053$39,494$226,559
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$18,943

Expenses

Grants and similar amounts paid
$40,400
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,521
Other expenses
$77,652
Program services (functional)
$120,573

Balance sheet and other

Total assets, start of year
$266,053
Total assets, end of year
$167,503
Total liabilities, end of year
$42,574
Net assets, end of year
$124,929
Cash, savings and investments
$152,318
Gross receipts
$18,943

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GUSTAVO FRIEDERICHSENCHIEF EXECUTIVE OFFICER0$0
DR TROY ELANDERBOARD CHAIRMAN0.5$0
ELIZABETH KURIHARASECRETARY0.5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GUSTAVO FRIEDERICHSENCHIEF EXECUTIVE OFFICER
Officer
0$0$411,413$35,329
DR TROY ELANDERBOARD CHAIRMAN
Trustee or director
0.5$0$0$0
ELIZABETH KURIHARABOARD MEMBER
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
801 S GRAND AVE STE 425, LOS ANGELES, CA 90017-4676
In care of
% DOMINICK V SPATAFORA
Signed the 990-EZ
GUSTAVO FRIEDERICHSEN, CHIEF EXECUTIVE OFFICER
Phone
(213) 683-9900
Return prepared by
GILBERT CPAS

California records

California keeps its own records of charities and corporations. Search them by EIN 26-2974477 or by the name FUTURE MED LA FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO ENHANCE THE PROFESSIONALISM AND CLINICAL AUTONOMY OF PHYSICIANS SOTHEY MAY BEST ADVOCATE FOR THEIR PATIENTS AND THE HEALTH OF THE COMMUNITY OF LOS ANGELES.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO ENHANCE THE PROFESSIONALISM AND CLINICAL AUTONOMY OF PHYSICIANS SO THEY MAY BEST ADVOCATE FOR THEIR PATIENTS AND THE HEALTH OF THE COMMUNITY OF LOS ANGELES.
    Expenses $120,573 · grants $40,400

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-2974477
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E80)
Assets (IRS master file)
$167,503
Income (IRS master file)
$18,943

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$18,943$120,573$167,503XML
990-TDecember 2024–––IRS
990December 2023$217,183$118,559$266,053XML
990-TDecember 2023–––IRS
990-EZDecember 2022–––IRS
990-TDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-TDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2974477).

Questions about FUTURE MED LA FOUNDATION

What is the EIN of FUTURE MED LA FOUNDATION?
The employer identification number (EIN) of FUTURE MED LA FOUNDATION is 26-2974477.
Is FUTURE MED LA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to FUTURE MED LA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURE MED LA FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FUTURE MED LA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUTURE MED LA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of FUTURE MED LA FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FUTURE MED LA FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $18,943, expenses of $120,573 and total assets of $167,503 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Health care