Foundation For Advancement Of Spinal Knowledge
- Assets
- $279.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/2005
- Data as of
- 12/2023
- EIN
- 20-1628324
Organization Overview
Foundation For Advancement Of Spinal Knowledge is located in Minneapolis, MN. The organization was established in 2005. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Advancement Of Spinal Knowledge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Foundation For Advancement Of Spinal Knowledge generated $31.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $49.1k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENGAGE IN BASIC SCIENCE STUDIES IN THE AREAS OF BIOMECHANICS, NEUROPHYSIOLOGY AND ANATOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eiman Shafa MD President | 0 | $0 | |
Benjamin Mueller MD Vice Preside | 0 | $0 | |
Omar Ramos MD Secretary | 0 | $0 | |
Bayard Carlson MD Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,166 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,184 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,567 |
| Occupancy, rent, utilities, and maintenance | $34,212 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,297 |
| Total expenses | $49,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $279,833 |
| Other assets | $0 |
| Total assets | $279,833 |
| Total liabilities | $268,729 |
| Net assets or fund balances | $11,104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scoliosis Research Society Milwaukee, WI | $19,925,585 | $7,743,353 |
Tria Orthopaedic Center Research Institute Bloomington, MN | $0 | $854,796 |
Twin Cities Orthopedics Foundation Bloomington, MN | $320,393 | $1,024,966 |
Mars Research Inc Gilbert, IA | $64,074 | $0 |
Clear Scoliosis Institute St Cloud, MN | $61,929 | $141,167 |
Foundation For Advancement Of Spinal Knowledge Minneapolis, MN | $279,833 | $0 |
Bennett Clayton Foundation For Children With Oi St Peter, MN | $561,568 | $17,906 |