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Orthopaedic Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351691013 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Orthopaedic Research Foundation Inc?

Orthopaedic Research Foundation Inc is a nonprofit organization based in Indianapolis, Indiana, with a strong focus on medical research in the field of orthopedic surgery and artificial joints. Over 70 physicians are associated with the foundation, contributing to more than 30 investigational studies annually. This collaborative effort has led to the publication of approximately 10 peer-reviewed scientific manuscripts each year. The foundation's primary mission is to conduct research and provide education in orthopedic surgery and artificial joints, aiming to advance the scientific understanding of musculoskeletal disorders for both the scientific and public communities.


Official website here: www.orthoindy.com/orf

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

The Orthopaedic Research Foundation Inc has received a 77% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects a strong commitment to maintaining financial health and transparency, as calculated entirely from their Accountability & Finance metrics. The organization demonstrates a high level of independence with a fully independent board and no material diversion of assets.

Strengths of the foundation include a high program expense ratio of 95.54%, which signifies that a significant portion of their funds is directed towards program services rather than administrative costs. Additionally, the foundation has implemented essential policies such as conflict of interest and whistleblower protections, ensuring governance practices that promote ethical operations.

While the overall score is commendable, the charity's performance is solely dependent on its accountability and finance measures, with no additional beacons considered. This singular focus may limit a more comprehensive assessment of its overall impact and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Orthopaedic Research Foundation Inc legitimate?

Orthopaedic Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orthopaedic Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.orthoindy.com/orf

What is the mission statement of Orthopaedic Research Foundation Inc?

The Orthopaedic Research Foundation Inc's mission is centered around advancing the scientific knowledge related to musculoskeletal disorders. This is achieved through conducting research and providing education within the field of orthopaedic surgery and artificial joints. The foundation aims to contribute to both the scientific and public communities by expanding the body of knowledge in this area. With over 70 participating physicians, the foundation is actively involved in numerous investigational studies, resulting in the publication of approximately 10 peer-reviewed scientific manuscripts annually.


Official website here: www.orthoindy.com/orf

Who is the CEO of Orthopaedic Research Foundation Inc?

Matthew Lavery Md is the Board Member of Orthopaedic Research Foundation Inc.


Official website here: www.orthoindy.com/orf

What is the revenue of Orthopaedic Research Foundation Inc?

Orthopaedic Research Foundation Inc's revenue in 2022 was $716,349.


Official website here: www.orthoindy.com/orf

Who are the executives of Orthopaedic Research Foundation Inc and what are their salaries?

There 7 volunteers at Orthopaedic Research Foundation Inc.


Here are 7 key members and their salaries:


Michael Coscia Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Griffin Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Jelen Do (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Lavery Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kosmas Kayes Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Poulter Md (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Roberson Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.orthoindy.com/orf

Where can I find the form 990 for Orthopaedic Research Foundation Inc?

Orthopaedic Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.orthoindy.com/orf

Learn more at the official website: www.orthoindy.com/orf

Mission Statement of Orthopaedic Research Foundation Inc

The Orthopaedic Research Foundation Inc is dedicated to advancing the scientific knowledge associated with musculoskeletal disorders. This nonprofit organization accomplishes this mission through conducting research and providing education in the field of orthopaedic surgery and artificial joints. With a team of over 70 physicians, the Orthopaedic Research Foundation Inc represents a significant research interest in this area. Among these professionals, more than 25 nationally and internationally recognized physicians actively participate in over 30 investigational studies annually. As a result of these efforts, the foundation publishes approximately 10 peer-reviewed scientific manuscripts every year, contributing to the body of knowledge in the field of orthopaedic surgery and musculoskeletal disorders. By conducting groundbreaking research and disseminating its findings to both scientific and public communities, the Orthopaedic Research Foundation Inc plays a crucial role in advancing our understanding and treatment of musculoskeletal disorders.

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Impact




October, 2024

Orthopaedic Research Foundation Inc significantly impacts the field of orthopaedic surgery and artificial joints through its commitment to advancing scientific knowledge and education. By conducting rigorous medical research, the foundation represents the collective interests of over 70 physicians, fostering collaboration among nationally and internationally recognized experts.

Through more than 30 investigational studies, the foundation not only enhances understanding of musculoskeletal disorders but also translates these findings into practical applications, resulting in approximately 10 peer-reviewed scientific manuscripts published annually. This contribution is critical for informing the medical community and improving patient outcomes in orthopaedic care.

Moreover, the foundation's work extends its influence beyond academic circles, engaging both the scientific and public communities in discussions about musculoskeletal health. By fostering education alongside research, it equips healthcare professionals and practitioners with the latest insights, ultimately striving to improve surgical techniques and the efficacy of artificial joint procedures.




This information is meant to be a general summary of Orthopaedic Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$716,349 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Expenses
$1,080,914 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,313
  • Program Service Revenue: $568,829
  • Gross Receipts: $741,963

Assets and Liabilities:

  • Total Assets: $1,124,745
  • Total Liabilities: $6
  • Net Assets: $1,124,739

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$568,829

Organization Details

Founding Year

1988

Principal Officer

Matthew Lavery Md

Main Address

8450 NORTHWEST BOULEVARD, INDIANAPOLIS, IN, 46278

NTEE Category

Code: H9DZ - Medical research

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