Joint Restoration Foundation Inc
- Assets
- $15.3m
- Revenue
- $55.0m
- Investments
- $0.0
- Employees
- 31
- Location
- Centennial, CO
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-5839402
Organization Overview
Joint Restoration Foundation Inc, operating under the name Jrf Ortho, is located in Centennial, CO. The organization was established in 2007. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. As of 12/2021, Jrf Ortho employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jrf Ortho 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 12/2021, Jrf Ortho generated $55.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $55.1m during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 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.
Since 2014, Jrf Ortho has awarded 32 individual grants totaling $16,171,486. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE MOVEMENT AND QUALITY OF LIFE THROUGH INNOVATIVE SOLUTIONS FOR ALLOGRAFT JOINT REPAIR
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION: THE JOINT RESTORATION FOUNDATION (JRF) MAXIMIZES THE GIFT OF HUMAN DONATED TISSUE BY RESTORING MOVEMENT AND ENHANCING THE QUALITY OF LIFE FOR RECIPIENTS OF THIS TISSUE. AS THE LEADING PROVIDER OF FRESH CARTILAGE ALLOGRAFTS FOR JOINT REPAIR, AND ONE OF THE NATION'S LARGEST PROVIDERS OF ALLOGRAFT TISSUE FOR SPORTS MEDICINE, JRF WORKS WITH THE MEDICAL COMMUNITY TO MATCH CLINICAL INDICATIONS WITH THE CORRECTLY SIZED ALLOGRAFT TISSUE TO ENABLE SUCCESSFUL OUTCOMES (ENHANCED MOBILITY) FOR OVER 4,000 RECIPIENTS WE HELP ANNUALLY. JRF'S STAFF IS FULLY TRAINED ON THE USE OF ALLOGRAFT TISSUE, ENABLING THEM TO DISCUSS OPTIONS WITH SURGEONS AND OTHER MEDICAL PERSONNEL.
GRANTS, RESEARCH AND CHARITABLE CONTRIBUTIONS: JRF SPONSORS VARIOUS UNIVERSITY RESEARCH PROGRAMS WITH THE EXPECTATION THAT THROUGH INNOVATION, INGENUITY AND COMMITMENT THE BEST CLINICAL RESULTS FOR PATIENTS CAN BE ACHIEVED. BASED ON THESE RESEARCH EFFORTS AND COLLABORATIONS WITH EXTERNAL MEDICAL ADVISORS, JRF HAS ONGOING PROGRAMS FOR IMPROVING THE PROCESSING OF ALLOGRAFT TISSUE. TYPICAL RESULTS ARE GREATER AMOUNTS OF USABLE TISSUE, SATISFYING THE DESIRE OF DONORS AND THEIR FAMILIES TO HELP OTHERS. JRF ALSO PROVIDES ALLOGRAFT TISSUE FOR STUDIES TO FURTHER PROMOTE IMPROVED PATIENT OUTCOMES THROUGH THE USE OF ALLOGRAFTS. IN ADDITION, JOINT RESTORATION FOUNDATION SUPPORTS 501(C)(3) ORGANIZATIONS BY MAKING GRANTS TO PROMOTE DONATION AWARENESS AND EDUCATION.
EDUCATION: JRF ANNUALLY CONDUCTS/SUPPORTS 6-8 EDUCATIONAL SYMPOSIUMS, SURGICAL TRAINING COURSES, AND HANDS-ON CLINICAL SESSIONS WITH SURGEONS AND ALLIED HEALTHCARE PROVIDERS TO AFFECT POSITIVE SURGICAL OUTCOMES FOR PATIENTS USING ALLOGRAFT TISSUE. ANOTHER CRITICAL COMPONENT OF JRF'S EDUCATION AND SERVICE IS ATTENDANCE AND SPONSORSHIP OF 6-8 NATIONALLY RECOGNIZED SURGICAL CONFERENCES. SURGEONS AND RELATED STAFF ARE ABLE TO LEARN ABOUT THE TECHNOLOGY PROVIDED BY JRF AND BECOME MORE FAMILIAR WITH TECHNICAL ADVANCES USING ALLOGRAFT TISSUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Bezenar President & Executive Director | OfficerTrustee | 40 | $266,757 |
David L Wilke Clinical Research Director | 40 | $224,560 | |
Keith A Byers Marketing & Product Development | Officer | 40 | $206,217 |
Dina Pasquino Director Of Operations | 40 | $197,099 | |
Michael Palleschi Corporate Controller | Officer | 40 | $177,229 |
James T Czepiel Advisory Director | 40 | $164,568 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stat Instruments Llc Instrument Rental | 12/30/21 | $240,628 |
Symplexbio Consulting Llc Research Consulting | 12/30/21 | $113,425 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,915,511 |
| Investment income | $96 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,049,158 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,537,778 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $57,588 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $803,792 |
| Compensation of current officers, directors, key employees. | $496,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,419,736 |
| Pension plan accruals and contributions | $219,459 |
| Other employee benefits | $322,857 |
| Payroll taxes | $222,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,071 |
| Fees for services: Accounting | $65,928 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $492,537 |
| Advertising and promotion | $57,576 |
| Office expenses | $374,141 |
| Information technology | $111,325 |
| Royalties | $0 |
| Occupancy | $319,699 |
| Travel | $59,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,992 |
| Interest | $4,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187,371 |
| Insurance | $203,643 |
| All other expenses | $0 |
| Total functional expenses | $55,140,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,940,989 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,193,953 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,197,429 |
| Prepaid expenses and deferred charges | $192,485 |
| Net Land, buildings, and equipment | $342,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $356,193 |
| Other assets | $1,114,575 |
| Total assets | $15,337,890 |
| Accounts payable and accrued expenses | $4,144,362 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $208,371 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,618,843 |
| Total liabilities | $7,971,576 |
| Net assets without donor restrictions | $7,366,314 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,337,890 |
Grants Awarded
Over the last fiscal year, Joint Restoration Foundation Inc has awarded $1,537,778 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Dayton, OH PURPOSE: GRANT TO SUPPORT JOINT RESTORATION FOUNDATION'S MISSION | $805,778 |
Centennial, CO PURPOSE: GRANT TO SUPPORT JOINT RESTORATION FOUNDATION'S MISSION | $694,222 |
Pasadena, CA PURPOSE: GRANT TO SUPPORT JOINT RESTORATION FOUNDATION'S MISSION | $27,270 |
Somerville, MA PURPOSE: GRANT TO SUPPORT JOINT RESTORATION FOUNDATION'S MISSION | $10,508 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Donor Network Of Arizona Phoenix, AZ | $132,834,397 | $88,742,508 |
Midwest Transplant Network Inc Westwood, KS | $67,214,213 | $83,249,135 |
Joint Restoration Foundation Inc Centennial, CO | $15,337,890 | $55,049,158 |
Donor Alliance Inc Denver, CO | $111,360,306 | $58,379,517 |
Lifeshare Transplant Donor Services Of Oklahoma Inc Oklahoma City, OK | $34,573,910 | $43,322,594 |
Donorconnect Murray, UT | $24,218,809 | $35,556,725 |
Nebraska Organ Recovery System Omaha, NE | $22,169,037 | $17,000,121 |
Rocky Mountain Lions Eye Bank Aurora, CO | $15,386,893 | $5,670,556 |
United Tissue Network Inc Phoenix, AZ | $3,493,273 | $3,265,712 |
Rocky Mountain Tissue Bank Aurora, CO | $757,544 | $1,339,990 |
New Mexico Lions Sight Conservation Foundation Inc Belen, NM | $2,226,671 | $456,599 |
Kansas Eye Bank & Cornea Research Center Inc Wichita, KS | $1,915,148 | $977,412 |