Nonprofit · EIN 47-2307715
THE AMERICAN FOREGUT SOCIETY
Also known as HEARTBURN FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55416
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,625,462 | $1,413,203 | $212,259 | $1,235,505 | $85,312 | $1,150,193 |
| December 31, 2024 | 990 | $1,700,315 | $927,931 | $772,384 | $1,076,236 | $138,302 | $937,934 |
| December 31, 2023 | 990 (amended) | $969,249 | $1,237,387 | -$268,138 | $286,088 | $120,537 | $165,551 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $50,000
- Program service revenue
- $1,571,375
- Investment income
- $0
- Royalties
- $4,087
- Other revenue
- $4,087
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $125,000
- Salaries, compensation and benefits (total)
- $125,000
- Professional fundraising fees
- $0
- Legal fees
- $6,269
- Accounting fees
- $32,393
- Travel
- $19,888
- Depreciation
- $1,022
- Program services (functional)
- $1,173,208
- Management and general (functional)
- $176,998
- Fundraising (functional)
- $62,997
Balance sheet and other
- Total assets, start of year
- $1,076,236
- Total assets, end of year
- $1,235,505
- Total liabilities, end of year
- $85,312
- Net assets, end of year
- $1,150,193
- Land, buildings and equipment
- $1,022
- Net assets without donor restrictions
- $1,150,193
- Gross receipts
- $1,625,462
- Employees
- 0
- Volunteers
- 18
- Year formed
- 2014
- State of legal domicile
- CO
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATE FREEMAN | EXECUTIVE DIRECTOR (LEFT IN 2025) Officer | 40 | $125,000 |
| FELICE SCHNOLL-SUSSMAN MD MSC | CHAIRMAN OF THE BOARD Trustee or director, Officer | 3.75 | $0 |
| STUART SPECHLER MD | PRESIDENT Trustee or director, Officer | 3 | $0 |
| CHRISTY M DUNST MD | PRESIDENT-ELECT Trustee or director, Officer | 3 | $0 |
| THOMAS L WATSON MD FACS | TREASURER Trustee or director, Officer | 2.5 | $0 |
| C PRAKASH GYAWALI MD | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| MICHAEL S SMITH MD MBA | SECRETARY (LEFT IN 2025) Trustee or director, Officer | 2.5 | $0 |
| FRANCIS BUCKLEY MD | DIRECTOR Trustee or director | 2.5 | $0 |
| JOHN LIPHAM MD | DIRECTOR Trustee or director | 2.5 | $0 |
| PETER KAHRILAS MD | DIRECTOR Trustee or director | 2.5 | $0 |
| DAN LISTER MD | DIRECTOR Trustee or director | 2.5 | $0 |
| REGINALD BELL MD | DIRECTOR Trustee or director | 2.5 | $0 |
| KENNETH CHANG MD | DIRECTOR Trustee or director | 2 | $0 |
| KERRY DUNBAR MD | DIRECTOR Trustee or director | 2 | $0 |
| BARHAM K ABU DAYYEH MD | DIRECTOR Trustee or director | 2 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP KATZ MD | DIRECTOR Trustee or director | 2 | $0 |
| NINH NGUYEN MD | DIRECTOR Trustee or director | 2 | $0 |
| LEE SWANSTROM MD | DIRECTOR Trustee or director | 2 | $0 |
| MIKE UJIKI MD | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD BELL MD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 2 | $0 |
| FELICE SCHNOLL-SUSSMAN MD MSC | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAN LISTER MD | PRESIDENT-ELECT/TREASURER Trustee or director, Officer | 2 | $0 |
| MICHAEL S SMITH MD MBA | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOHN LIPHAM MD | DIRECTOR Trustee or director | 1 | $0 |
| PETER KAHRILAS MD | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP KATZ MD | DIRECTOR Trustee or director | 1 | $0 |
| LEE SWANSTROM MD | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY M DUNST MD | DIRECTOR Trustee or director | 1 | $0 |
| C PRAKASH GYAWALI MD | DIRECTOR Trustee or director | 1 | $0 |
| STUART SPECHLER MD | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS L WATSON MD FACS | DIRECTOR Trustee or director | 1 | $0 |
| BARHAM K ABU DAYYEH MD | DIRECTOR Trustee or director | 1 | $0 |
| NINH NGUYEN MD | DIRECTOR Trustee or director | 1 | $0 |
| KERRY DUNBAR MD | DIRECTOR Trustee or director | 1 | $0 |
| FRANCIS BUCKLEY MD | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH CHANG MD | DIRECTOR Trustee or director | 1 | $0 |
| MIKE UJIKI MD | DIRECTOR Trustee or director | 1 | $0 |
| KATE FREEMAN | EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD BELL MD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 2 | $0 |
| JOHN LIPHAM MD | DIRECTOR Trustee or director | 1 | $0 |
| PETER KAHRILAS MD | DIRECTOR Trustee or director | 1 | $0 |
| FELICE SCHNOLL-SUSSMAN MD MSC | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAN LISTER MD | PRESIDENT-ELECT/TREASURER Trustee or director, Officer | 2 | $0 |
| MICHAEL S SMITH MD MBA | SECRETARY Trustee or director, Officer | 2 | $0 |
| PHILIP KATZ MD | DIRECTOR Trustee or director | 1 | $0 |
| LEE SWANSTROM MD | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY M DUNST MD | DIRECTOR Trustee or director | 1 | $0 |
| C PRAKASH GYAWALI MD | DIRECTOR Trustee or director | 1 | $0 |
| STUART SPECHLER MD | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS L WATSON MD FACS | DIRECTOR Trustee or director | 1 | $0 |
| BARHAM K ABU DAYYEH MD | DIRECTOR Trustee or director | 1 | $0 |
| NINH NGUYEN MD | DIRECTOR Trustee or director | 1 | $0 |
| KERRY DUNBAR MD | DIRECTOR Trustee or director | 1 | $0 |
| FRANCIS BUCKLEY MD | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH CHANG MD | DIRECTOR Trustee or director | 1 | $0 |
| KATE FREEMAN | EXECUTIVE DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 UTICA AVE S STE 213, MINNEAPOLIS, MN 55416-3487
- In care of
- % REGINALD BELL M D
- Principal officer (990 for 2025)
- KATIE WALLSTEIN, 1601 UTICA AVE S 213, MINNEAPOLIS, MN 55416
- Signed the 990
- THOMAS WATSON, TREASURER
- Phone
- (303) 517-4906
- Return prepared by
- TRIMNERBECKHAM PLLC
Mission
TO HELP GUIDE BOTH THE DIAGNOSIS AND MANAGEMENT OF FOREGUT DISEASE THROUGH COLLABORATION BETWEEN GASTROENTEROLOGISTS AND FOREGUT SURGEONS. TO FOSTER RESEARCH THAT WILL CULMINATE IN THE DEVELOPMENT OF BENCHMARKS FOR EXCELLENCE WHILE ALSO ESTABLISHING SPECIALTY-SPECIFIC TRAINING PROGRAMS THAT WILL ULTIMATELY TRANSLATE INTO IMPROVED CARE, SAFETY, AND VALUE FOR PATIENTS WITH FOREGUT DISEASES.
Program accomplishments
- ANNUAL MEETING: DEDICATED TO FOREGUT DISEASE WITH THE COLLEGIALITY AND DEPTH OF KNOWLEDGE THAT HAS BROUGHT GASTROENTEROLOGISTS AND SURGEONS TOGETHER, 639 INDIVIDUALS ATTENDED THE 2025 MEETING IN DALLAS, TX.Expenses $1,070,953 · revenue $1,374,275
- MEMBERSHIP: THE SOCIETY CURRENTLY HAS 615 MEMBERS. THE PRIMARY BENEFIT IS ACCESS TO "FOREGUT", THE JOURNAL OF THE AMERICAN FOREGUT SOCIETY, CURRENTLY PUBLISHED 4 TIMES PER YEAR. THE SOCIETY HAS APPLIED FOR INDEXING, WHICH WOULD SUBSTANTIALLY INCREASE READERSHIP AND SUBMISSIONS. MEMBERS ALSO RECEIVE ACCESS TO THE DOCMATTER PLATFORM, WHERE THEY CAN POST CLINICAL QUESTIONS AND RECEIVE FEEDBACK FROM EXPERTS IN THE FIELD ON HOW TO MANAGE DIFFICULT CASES.Expenses $102,255 · revenue $197,100
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2307715
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H05)
- Assets (IRS master file)
- $1,235,505
- Income (IRS master file)
- $1,625,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,625,462 | $1,413,203 | $1,235,505 | XML |
| 990 | December 2024 | $1,700,315 | $927,931 | $1,076,236 | XML |
| 990 | December 2023 | $969,249 | $1,237,387 | $286,088 | XML |
| 990 | December 2022 | $1,086,785 | $1,255,322 | $493,542 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | 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 47-2307715).
Questions about THE AMERICAN FOREGUT SOCIETY
- What is the EIN of THE AMERICAN FOREGUT SOCIETY?
- The employer identification number (EIN) of THE AMERICAN FOREGUT SOCIETY is 47-2307715.
- Is THE AMERICAN FOREGUT SOCIETY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE AMERICAN FOREGUT SOCIETY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE AMERICAN FOREGUT SOCIETY 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 THE AMERICAN FOREGUT SOCIETY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE AMERICAN FOREGUT SOCIETY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE AMERICAN FOREGUT SOCIETY?
- The 990 for the year ended December 31, 2025 names KATIE WALLSTEIN.
- Who are the officers and directors of THE AMERICAN FOREGUT SOCIETY?
- The 990 for the year ended December 31, 2025 lists 19 people; 1 received compensation from the organization, the highest $125,000 (KATE FREEMAN, EXECUTIVE DIRECTOR (LEFT IN 2025)).
- How much revenue does THE AMERICAN FOREGUT SOCIETY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,625,462, expenses of $1,413,203 and total assets of $1,235,505 at year end.
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