Parker Hill Orthopedic Researchfoundation Inc
- Assets
- $165.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winchester, MA
- Founding
- 03/2014
- Data as of
- 12/2023
- EIN
- 20-8706632
Organization Overview
Parker Hill Orthopedic Researchfoundation Inc is located in Winchester, MA. The organization was established in 2014. According to its NTEE Classification (H9B) the organization is classified as: Surgical Specialties 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. Parker Hill Orthopedic Researchfoundation Inc 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, Parker Hill Orthopedic Researchfoundation Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 8 years. 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
RESEARCH TO INVESTIGATE BASIC MECHANISM OF ARTHRITIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen B Murphy President | 0.5 | $0 | |
Michelle Murphy Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $154 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,054 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30 |
| Total expenses | $1,530 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,802 |
| Other assets | $0 |
| Total assets | $165,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,802 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aats Foundation Beverly, MA | $12,835,336 | $2,187,997 |
Vascular And Endovascular Surgery Society Salem, MA | $1,088,567 | $686,453 |
American Surgical Association Foundation Beverly, MA | $4,697,212 | $517,640 |
The Plastic Surgery Research Council Beverly, MA | $744,963 | $444,785 |
International Institute Of Reconstructive Microsurgery Ltd New York, NY | $25,976 | $0 |
Difelice Foundation For Orthopaedics Inc New York, NY | $111,947 | $0 |
Doctors Collaborating To Help Children Corp Cambridge, MA | $325,874 | $0 |
Society For Functional Precision Medicine Boston, MA | $49,022 | $26,505 |
Hand Surgery Research And Education Foundation Inc Newton, MA | $10,341 | $0 |
Parker Hill Orthopedic Researchfoundation Inc Winchester, MA | $165,802 | $0 |