Colorado Orthopaedic Research Institute is located in Lone Tree, CO. The organization was established in 2015. 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. Colorado Orthopaedic Research Institute 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, Colorado Orthopaedic Research Institute generated $126.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $124.4k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 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
PERFORMING CLINICAL RESEARCH AND POST GRADUATE MEDICAL TRAINING BY PARTICIPATING IN MULTIPLE IRB APPROVED PROJECTS AND TRAINING OF PHYSICIANS IN ADVANCED ADULT RECONSTRUCTION THROUGH THE FELLOWSHIP PROGRAM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John S Xenos MD President | 0 | $0 | |
Stephen Schaefer Secretary | 0 | $0 | |
John Sieber Treasurer | 0 | $0 | |
William Williams Board Member | 0 | $0 | |
Susan Hicks Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $111,600 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $117,538 |
| Professional fees and other payments to independent contractors | $1,960 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,906 |
| Total expenses | $124,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,328 |
| Other assets | $0 |
| Total assets | $32,328 |
| Total liabilities | $9,000 |
| Net assets or fund balances | $23,328 |