Spine Institute Of Louisiana Foundation Inc
- Assets
- $916.8k
- Revenue
- $926.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 90-0494613
Organization Overview
Spine Institute Of Louisiana Foundation Inc is located in Shreveport, LA. The organization was established in 2011. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases 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. Spine Institute Of Louisiana 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 12/2021, Spine Institute Of Louisiana Foundation Inc generated $926.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $977.3k during the year ending 12/2021. While expenses have increased by 5.0% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONDUCT CLINICAL TRIALS AND MEDICAL RESEARCH FOR SPINAL DISORDERS.
TO EDUCATE THE COMMUNITY AND HEALTHCARE PROVIDERS ABOUT IMPROVEMENTS IN TREATMENT OF SPINAL DISORDERS THROUGH HEALTH FAIRS, INTERVIEWS, AND JOURNAL PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus B Stone PHD CEO | 40 | $219,986 | |
Brandi M Casey Clinical Research Co | 40 | $91,115 | |
Heather R Bowman Clinical Trials Mana | 40 | $78,549 | |
Carrie A Warren Clinical Research Co | 40 | $67,826 | |
Cody Mcconnell Clinical Research As | 40 | $58,343 | |
Pierce D Nunley MD Director | 10 | $49,748 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $556 |
| Dividends & Interest | $34 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $925,486 |
| Total Revenue | $926,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $321,259 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,267 |
| Depreciation | $611 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $24,356 |
| Printing and publications | $0 |
| Other expenses | $584,537 |
| Total operating and administrative expenses | $977,332 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $977,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,100 |
| Savings and temporary cash investments | $176,584 |
| Net Accounts receivable | $145,463 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $227,700 |
| Total assets | $916,847 |
| Accounts payable and accrued expenses | $14,912 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,912 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jefferson Davis Community Hospital Prentiss, MS | $1,349,113 | $372,708 |
Fellowship Of Orthopeadic Researchers Inc Metairie, LA | $1,649,732 | $1,000,930 |
Spine Institute Of Louisiana Foundation Inc Shreveport, LA | $916,847 | $926,076 |
Ryans Lake Hunting & Fishing Club Lufkin, TX | $49,853 | $0 |
Carrell Clinic Foundation Dallas, TX | $238,126 | $170,097 |
Memorial Bone & Joint Research Foudation Houston, TX | $0 | $19,080 |
Spine Group Of Texas Research Foundation Houston, TX | $51,432 | $950 |
Texas Hip And Knee Foundation Fort Worth, TX | $173,976 | $0 |
Foundation For Southwest Orthopedic Research Houston, TX | $20,061 | $0 |
Hipkneearkansas Foundation Little Rock, AR | $73,992 | $8,130 |
Arkansas Spinal Cord Foundation Inc Little Rock, AR | $212 | $0 |
Shazia And Meraj Siddiqui Foundation Inc Batesville, AR | $4,017 | $0 |