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Nonprofit · EIN 54-1732481

PHYSICAL THERAPY FUND

Tax-exempt · ALEXANDRIA, VA 22305

Financials

$1.7M$73K2021$234K$119K2023$511K$145K2024
Revenue Expenses · by fiscal year end
Financials of PHYSICAL THERAPY FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$510,731$145,077$365,654$4,471,072$26,400$4,444,672
December 31, 2023990$234,053$118,647$115,406$4,199,544$13,172$4,186,372
December 31, 2021990$1,682,454$72,905$1,609,549$4,087,102$11,681$4,075,421
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$156,462
Program service revenue
$0
Investment income
$467,864
Net gain from sales of assets
$172,793
Net income from fundraising events
-$113,595
Other revenue
-$113,595

Expenses

Grants and similar amounts paid
$127,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,675
Travel
$750
Program services (functional)
$134,593
Management and general (functional)
$10,484

Balance sheet and other

Total assets, start of year
$4,199,544
Total assets, end of year
$4,471,072
Total liabilities, end of year
$26,400
Net assets, end of year
$4,444,672
Publicly traded securities
$3,962,184
Net assets with donor restrictions
$4,444,672
Gross receipts
$1,824,277
Employees
0
Volunteers
5
Year formed
1993
State of legal domicile
VA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARMEN ELLIOTTEXECUTIVE DIRECTOR
Officer
12$0$197,971$26,458
KIM NIXON-CAVEPRESIDENT
Trustee or director, Officer
1$0$16,500$0
CYNTHIA ARMSTRONGVICE PRESIDENT
Trustee or director, Officer
1$0$16,500$0
KELLEY KUBOTASECRETARY
Trustee or director, Officer
1$0$16,500$0
STEVEN WENTZTREASURER
Trustee or director, Officer
1$0$0$0
JULIAN MAGEEDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARMEN ELLIOTTEXECUTIVE DIRECTOR
Officer
12$0$188,251$34,960
KYLE COVINGTONSECRETARY
Trustee or director, Officer
1$0$20,000$0
KIM NIXON-CAVEPRESIDENT
Trustee or director, Officer
1$0$16,500$0
CYNTHIA ARMSTRONGVICE PRESIDENT
Trustee or director, Officer
1$0$16,500$0
STEVEN WENTZTREASURER
Trustee or director, Officer
1$0$0$0
BERNADETTE YORKDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2021: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARMEN ELLIOTTEXECUTIVE DIRECTOR (STARTED APRIL)
Officer
12$0$170,082$22,336
KYLE COVINGTONSECRETARY
Trustee or director, Officer
1$0$20,000$0
DEIRDRE DALEYPRESIDENT
Trustee or director, Officer
1$0$16,500$0
CYNTHIA ARMSTRONGVICE PRESIDENT
Trustee or director, Officer
1$0$16,500$0
PATRICIA SLOUGHTREASURER
Trustee or director, Officer
1$0$0$0
JEREMY HOUSERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3030 POTOMAC AVE STE 100, ALEXANDRIA, VA 22305-3085
In care of
% FRANK MALLON
Principal officer (990 for 2024)
CARMEN ELLIOTT, 3030 POTOMAC AVE 100, ALEXANDRIA, VA 22305
Signed the 990
CARMEN ELLIOTT, EXECUTIVE DIRECTOR
Phone
(800) 999-2782
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE PHYSICAL THERAPY FUND PROVIDES RESEARCH AND EDUCATIONAL SUPPORT FOR PHYSICAL THERAPY.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $134,593 · grants $127,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1732481
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$4,471,072
Income (IRS master file)
$1,824,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$510,731$145,077$4,471,072XML
990December 2023$234,053$118,647$4,199,544XML
990December 2022$418,440$95,947$3,801,369IRS
990December 2021$1,682,454$72,905$4,087,102XML
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 54-1732481).

Questions about PHYSICAL THERAPY FUND

What is the EIN of PHYSICAL THERAPY FUND?
The employer identification number (EIN) of PHYSICAL THERAPY FUND is 54-1732481.
Is PHYSICAL THERAPY FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to PHYSICAL THERAPY FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHYSICAL THERAPY FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PHYSICAL THERAPY FUND 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 PHYSICAL THERAPY FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PHYSICAL THERAPY FUND?
The 990 for the year ended December 31, 2024 names CARMEN ELLIOTT.
Who are the officers and directors of PHYSICAL THERAPY FUND?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does PHYSICAL THERAPY FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $510,731, expenses of $145,077 and total assets of $4,471,072 at year end.

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