Aorn Foundation
- Assets
- $6.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Denver, CO
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 84-1193583
Organization Overview
Aorn Foundation is located in Denver, CO. The organization was established in 1992. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Aorn Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aorn Foundation 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, Aorn Foundation generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PATIENT SAFETY BY SUPPORTING THE NURSES WHO MAKE SURGERY SAFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED INITIATIVES - THE FOUNDATION COLLECTS FUNDING THAT IS THEN DIRECTED TO AORN FOR VARIOUS MISSION RELATED PROGRAMS FOR WHICH AORN PROVIDES SERVICES.
OTHER VARIOUS PROGRAMS.
SCHOLARSHIPS - AWARDS TO INDIVIDUALS PURSUING, OR ADVANCING, A CAREER IN NURSING THROUGH ACADEMIC EDUCATION.
EDUCATION GRANTS - MONIES TO SUPPLEMENT CONFERENCE REGISTRATIONS OR CERTIFICATION COMPLETION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Black Trustee | Trustee | 1 | $0 |
Larry Asplin President | OfficerTrustee | 1 | $0 |
Lauryl Boyum Trustee | Trustee | 1 | $0 |
Donald Brandt Trustee | Trustee | 1 | $0 |
Stephanie Davis Treasurer | OfficerTrustee | 1 | $0 |
Ric Cuming End 1223 Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,926 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,941,659 |
| Noncash contributions included in lines 1a–1f | $45,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,005,585 |
| Total Program Service Revenue | $0 |
| Investment income | $203,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$48,759 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,242,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $379,333 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,599 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $225,459 |
| Compensation of current officers, directors, key employees. | $33,819 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,908 |
| Pension plan accruals and contributions | $3,188 |
| Other employee benefits | $3,233 |
| Payroll taxes | $22,447 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,907 |
| Fees for services: Other | $21,225 |
| Advertising and promotion | $7,290 |
| Office expenses | $1,182 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,477 |
| 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 | $1,133,370 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,064 |
| All other expenses | $0 |
| Total functional expenses | $1,972,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,721 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $399,000 |
| 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 | $35,706 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,544,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,437,947 |
| Accounts payable and accrued expenses | $374,452 |
| Grants payable | $123,835 |
| Deferred revenue | $240,905 |
| 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 | $739,192 |
| Net assets without donor restrictions | $2,368,307 |
| Net assets with donor restrictions | $3,330,448 |
| 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 | $6,437,947 |