Form 990 for tax year 2023
Filed by ARTHRITIS NATIONAL RESEARCH FOUNDATION.
Totals
- Total revenue
- $3,843,856
- Total expenses
- $3,995,581
- Contributions and grants received
- $3,012,868
- Grants paid
- $2,375,000
- Program service revenue
- $0
- Investment income
- $830,988
- Other revenue
- $0
- Total assets, end of year
- $10,199,224
- Total liabilities, end of year
- $234,815
- Net assets or fund balances, end of year
- $9,964,409
- Program services expenses (Part IX)
- $3,322,332
- Management and general expenses
- $373,028
- Fundraising expenses
- $300,221
- Program service expenses (Part III)
- $3,322,332
Program services were 83.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,012,868
-
3 · Investment income
total $182,043 · excluded $182,043
-
7a · Gross sales of assets other than inventory
securities $3,233,295
-
7b · Less cost or other basis and sales expenses
securities $2,584,350
-
7c · Gain or loss
securities $648,945
-
7d · Net gain or loss
total $648,945 · excluded $648,945
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,375,000 · program services $2,375,000
-
5 · Compensation of officers, directors and key employees
total $314,577 · program services $251,677 · management and general $31,450 · fundraising $31,450
-
7 · Other salaries and wages
total $566,637 · program services $272,087 · management and general $91,857 · fundraising $202,693
-
8 · Pension plan contributions
total $1,381 · program services $492 · management and general $829 · fundraising $60
-
9 · Other employee benefits
total $30,167 · program services $15,082 · management and general $7,354 · fundraising $7,731
-
10 · Payroll taxes
total $70,863 · program services $41,809 · management and general $9,921 · fundraising $19,133
-
11a · Fees: management
total $96,816 · program services $21,069 · management and general $73,113 · fundraising $2,634
-
11b · Fees: legal
total $39,081 · program services $6,242 · management and general $32,059 · fundraising $780
-
11c · Fees: accounting
total $26,475 · management and general $26,475
-
11f · Fees: investment management
total $27,769 · management and general $27,769
-
11g · Fees: other
total $9,302 · program services $9,302
-
12 · Advertising and promotion
total $50,371 · program services $37,777 · management and general $3,765 · fundraising $8,829
-
13 · Office expenses
total $102,979 · program services $72,274 · management and general $21,702 · fundraising $9,003
-
16 · Occupancy
total $64,184 · program services $51,348 · management and general $6,418 · fundraising $6,418
-
19 · Conferences, conventions and meetings
total $62,824 · program services $54,616 · management and general $4,073 · fundraising $4,135
-
22 · Depreciation, depletion and amortization
total $16,329 · management and general $16,329
-
23 · Insurance
total $37,402 · program services $29,980 · management and general $3,675 · fundraising $3,747
-
24a · Other expenses: RESEARCH COMMUNICATION
total $50,603 · program services $45,303 · management and general $5,300 · fundraising $0
-
24b · Other expenses: BANK AND CREDIT CARD FE
total $12,491 · program services $9,993 · management and general $1,249 · fundraising $1,249
-
24c · Other expenses: MISCELLANEOUS
total $12,041 · program services $3,761 · management and general $7,737 · fundraising $543
-
24d · Other expenses: STATE REGISTRATION AND
total $10,892 · program services $8,698 · management and general $1,107 · fundraising $1,087
-
24e · All other expenses
total $17,397 · program services $15,822 · management and general $846 · fundraising $729
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $404,680 · end of year $151,793
-
2 · Savings and temporary cash investments
beginning of year $130,788 · end of year $117,242
-
4 · Accounts receivable
beginning of year $30,000 · end of year $196,356
-
9 · Prepaid expenses and deferred charges
beginning of year $48,008 · end of year $33,366
-
10a · Land, buildings and equipment: cost or other basis
$45,205
-
10b · Land, buildings and equipment: accumulated depreciation
$30,958
-
10c · Land, buildings and equipment, net
beginning of year $30,576 · end of year $14,247
-
11 · Investments: publicly traded securities
beginning of year $8,907,582 · end of year $9,609,158
-
15 · Other assets
beginning of year $133,660 · end of year $77,062
-
17 · Accounts payable and accrued expenses
beginning of year $192,061 · end of year $155,260
-
25 · Other liabilities
beginning of year $143,668 · end of year $79,555
-
27 · Net assets without donor restrictions
beginning of year $9,248,411 · end of year $9,765,419
-
28 · Net assets with donor restrictions
beginning of year $101,154 · end of year $198,990
Mission and programs · 2023
Mission
TO PROVIDE INITIAL RESEARCH FUNDING TO BRILLIANT, INVESTIGATIVE SCIENTISTS WITH NEW IDEAS TO CURE ARTHRITIS AND RELATED AUTOIMMUNE DISEASES.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $2,862,318 · Grants $2,375,000
-
THE FOUNDATION HAS VARIOUS PROGRAMS TO RAISE AWARENESS WITHIN THE GENERAL PUBLIC, THOSE SUFFERING WITH ARTHRITIS AND THE MEDICAL/SCIENTIFIC RESEARCH COMMUNITIES ABOUT THE IMPORTANCE OF AND NEED FOR ARTHRITIS RESEARCH FOR DEVELOPING A CURE AND MORE EFFECTIVE TREATMENTS. ALSO PART OF THE EDUCATION COMPONENT IS RAISING AWARENESS OF THE PREVALENCE OF ARTHRITIS AND RELATED AUTOIMMUNE, THE FACT THAT CHILDREN GET ARTHRITIS AND THE CURRENT WORK BEING DONE IN THE FIELD OF ARTHRITIS RESEARCH.
Expenses $460,014
As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Rich SalterRICH SALTER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kelli MatthewsKELLI MATTHEWS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey BatesJEFFREY BATES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Douglas A GrangerDOUGLAS A GRANGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Craig WalshCRAIG WALSH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Theresa HansenTHERESA HANSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Staci StringerSTACI STRINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ves VafadariVES VAFADARI
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Rich NaridoRICH NARIDO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela BoydANGELA BOYD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian SouzaBRIAN SOUZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jean LiewJEAN LIEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Emily StormoenEMILY STORMOEN
CEO
- Total calculated
- $299,308
- From this org
- $285,202
- From related orgs
- $0
- Other
- $14,106
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,868
- Bonus
- $54,390
- Other
- $6,944
- Deferred
- $0
- Nontaxable benefits
- $14,106
- Filer's total
- $299,308
-
Ashley BarrowASHLEY BARROW
DIRECTOR OF INDIVIDUAL GIVING
- Total calculated
- $104,258
- From this org
- $103,735
- From related orgs
- $0
- Other
- $523
- Hours/week
- 40
-
Jennifer DunneJENNIFER DUNNE
DIRECTOR OF MARKETING & COMMUNICATIONS
- Total calculated
- $117,348
- From this org
- $115,800
- From related orgs
- $0
- Other
- $1,548
- Hours/week
- 40
-
Amanda GianinoAMANDA GIANINO
FORMER VP OF DEVELOPMENT
- Total calculated
- $102,859
- From this org
- $102,859
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $102,295
- Bonus
- $0
- Other
- $564
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $102,859
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE GOVERNANCE COMMITTEE RESEARCHED SIMILAR NONPROFIT ORGANIZATIONS FOR THE PURPOSE OF DETERMINING COMPENSATION OF THE CEO. THIS INCLUDED REVIEW OF COMPARABLE COMPENSATION FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND AN ONLINE SALARY REVIEW COMPLETED BY EVERY GOVERNANCE COMMITTEE MEMBER.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TO SUPPORT MEDICAL RESEARCH STUDY
-
WASHINGTON UNIVERSITY IN ST LOUIS
$250,000
TO SUPPORT MEDICAL RESEARCH STUDY
-
$125,000
TO SUPPORT MEDICAL RESEARCH STUDY
-
BRIGHAM AND WOMENS HOSPITAL INC
$125,000
TO SUPPORT MEDICAL RESEARCH STUDY
-
$125,000
TO SUPPORT MEDICAL RESEARCH STUDY
-
TO SUPPORT MEDICAL RESEARCH STUDY
-
THE CHILDREN'S HOSPITAL CORPORATION
$125,000
TO SUPPORT MEDICAL RESEARCH STUDY
-
TO SUPPORT MEDICAL RESEARCH STUDY
-
TO SUPPORT MEDICAL RESEARCH STUDY
-
TO SUPPORT MEDICAL RESEARCH STUDY
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412919349300241
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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