Orthotic And Prosthetic Education And Research Foundation Inc
- Assets
- $591.3k
- Revenue
- $51.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 01/2008
- Data as of
- 11/2021
- EIN
- 51-0642386
Organization Overview
Orthotic And Prosthetic Education And Research Foundation Inc is located in Falls Church, VA. The organization was established in 2008. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orthotic And Prosthetic Education And Research Foundation 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 11/2021, Orthotic And Prosthetic Education And Research Foundation Inc generated $51.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $73.2k during the year ending 11/2021. While expenses have increased by 4.4% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORTHOTIC AND PROSTHETIC EDUCATION AND RESEARCH FOUNDATION WAS ESTABLISHED TO RAISE THE STANDARDS OF EDUCATION AND RESEARCH IN THE ORTHOTIC AND PROSTHETIC PROFESSION AND TO MEET THE EVER-CHANGING NEEDS OF THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORTHOTIC AND PROSTHETIC EDUCATION AND RESEARCH FOUNDATION AWARDS GRANT TO PROMOTE RESEARCH IN THE PROFESSION WITH THE GOAL OF PROVIDING THE BEST POSSIBLE CARE TO PATIENTS IN NEED OF ORTHOTIC AND PROSTHETIC CARE. FOUNDATION ALSO ASSISTS STUDENTS CURRENTLY ATTENDING OR ENTERING ORTHOTIC AND PROSTHETIC EDUCATION PROGRAMS BY PROVIDING COMPETITIVE GRANTS AND AWARDS AS THEY PURSUE CAREERS AS ORTHOTIC AND PROSTHETIC PROFESSIONALS, FACULTY OR RESEARCHERS IN THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Bostock Treasurer/secretary | OfficerTrustee | 1 | $0 |
Jared Howell Vice Chair | OfficerTrustee | 1 | $0 |
Donald Katz Chairperson | OfficerTrustee | 1 | $0 |
Andrew Sawers Board Member | Trustee | 1 | $0 |
Eric Burns Board Member | Trustee | 1 | $0 |
Scott Cummings Board Member | Trustee | 1 | $0 |
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 | $30,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,750 |
| Total Program Service Revenue | $0 |
| Investment income | $20,642 |
| 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 | $51,392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $73,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,232 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $496,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $591,312 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $591,312 |
| 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 | $591,312 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Orthotic And Prosthetic Education And Research Foundation Inc has recieved totaling $142,500.
| Awarding Organization | Amount |
|---|---|
American Board For Certification In Orthotics & Prosthetics Inc Alexandria, VA PURPOSE: Awards | $142,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dickenson Community Hospital Inc Johnson City, TN | $6,405,043 | $7,649,645 |
Hospital For Extended Recovery Norfolk, VA | $9,743,183 | $9,382,345 |
Community Health Centers Of Western Kentucky Inc Greenville, KY | $18,210,332 | $12,355,929 |
Humphreys County Community Health Services Inc Waverly, TN | $5,982,366 | $9,611,981 |
Pleasant Valley Medical Group Inc Point Pleasant, WV | $2,240,352 | $7,743,582 |
Metropolitan Community Health Services Inc Washington, NC | $11,876,672 | $10,418,317 |
Ephraim Mcdowell Health Resources Danville, KY | $3,364,594 | $6,303,580 |
District Of Columbia Hospital Association Washington, DC | $4,377,504 | $6,170,483 |
Mt Olive Family Medicine Center Inc Mount Olive, NC | $5,249,311 | $7,282,813 |
Community Care Clinic Of Rowan County Inc Salisbury, NC | $5,025,157 | $5,456,076 |
Center For Mind-Body Medicine Washington, DC | $3,671,638 | $5,595,263 |
Tennessee Hospital Education & Research Foundation Inc Brentwood, TN | $1,622,508 | $4,029,458 |