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Nonprofiteer
← AORN FOUNDATION

Form 990 for tax year 2022

Filed by AORN FOUNDATION.

Totals

Total revenue
$3,013,655
Total expenses
$2,477,627
Contributions and grants received
$2,890,360
Grants paid
$766,292
Program service revenue
$0
Investment income
$123,295
Other revenue
$0
Total assets, end of year
$5,852,546
Total liabilities, end of year
$780,391
Net assets or fund balances, end of year
$5,072,155
Program services expenses (Part IX)
$2,199,318
Management and general expenses
$103,934
Fundraising expenses
$174,375
Program service expenses (Part III)
$2,199,318

Program services were 88.8% 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.

  • 1c · Fundraising events

    $52,166

  • 1f · All other contributions, gifts and grants

    $2,838,194

  • 1g · Noncash contributions included above

    $50,870

  • 3 · Investment income

    total $122,857 · excluded $122,857

  • 7a · Gross sales of assets other than inventory

    securities $438

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $438

  • 7d · Net gain or loss

    total $438 · excluded $438

  • 8a · Fundraising events: gross income

    $29,634

  • 8a · Fundraising events: contributions included on line 1c

    $52,166

  • 8b · Fundraising events: direct expenses

    $29,634

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $760,042 · program services $760,042

  • 3 · Grants to foreign organizations and individuals

    total $6,250 · program services $6,250

  • 5 · Compensation of officers, directors and key employees

    total $213,079 · program services $80,970 · management and general $31,962 · fundraising $100,147

  • 7 · Other salaries and wages

    total $102,537 · program services $39,027 · management and general $12,799 · fundraising $50,711

  • 8 · Pension plan contributions

    total $3,155 · program services $1,201 · management and general $395 · fundraising $1,559

  • 9 · Other employee benefits

    total $13,023 · program services $4,953 · management and general $1,768 · fundraising $6,302

  • 10 · Payroll taxes

    total $20,607 · program services $7,835 · management and general $2,914 · fundraising $9,858

  • 11c · Fees: accounting

    total $16,837 · management and general $16,837

  • 11f · Fees: investment management

    total $6,955 · management and general $6,955

  • 11g · Fees: other

    total $5,900 · management and general $5,900

  • 12 · Advertising and promotion

    total $5,798 · fundraising $5,798

  • 13 · Office expenses

    total $1,615 · management and general $1,615

  • 17 · Travel

    total $7,950 · management and general $7,950

  • 21 · Payments to affiliates

    total $1,299,040 · program services $1,299,040

  • 23 · Insurance

    total $6,253 · management and general $6,253

  • 24a · Other expenses: FILING FEES

    total $4,981 · management and general $4,981

  • 24b · Other expenses: CREDIT CARD FEES

    total $2,702 · management and general $2,702

  • 24c · Other expenses: PENALTIES

    total $903 · management and general $903

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,044,502 · end of year $1,019,898

  • 3 · Pledges and grants receivable

    beginning of year $224,045 · end of year $420,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,994 · end of year $11,100

  • 10a · Land, buildings and equipment: cost or other basis

    $20,253

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,253

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,755,263 · end of year $4,400,648

  • 15 · Other assets

    beginning of year $150,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $412,567 · end of year $421,702

  • 18 · Grants payable

    beginning of year $154,085 · end of year $204,937

  • 19 · Deferred revenue

    beginning of year $619,122 · end of year $153,752

  • 27 · Net assets without donor restrictions

    beginning of year $2,025,853 · end of year $1,959,109

  • 28 · Net assets with donor restrictions

    beginning of year $2,981,177 · end of year $3,113,046

Mission and programs · 2022

Mission

TO ADVANCE PATIENT SAFETY BY SUPPORTING THE NURSES WHO MAKE SURGERY SAFE THROUGH EDUCATION, RESEARCH, AND PATIENT SAFETY INITIATIVES.

Activities or mission (Part I)

TO ADVANCE PATIENT SAFETY BY SUPPORTING THE NURSES WHO MAKE SURGERY SAFE.

  • FUNDED INITIATIVES - THE FOUNDATION COLLECTS FUNDING THAT IS THEN DIRECTED TO AORN FOR VARIOUS MISSION RELATED PROGRAMS FOR WHICH AORN PROVIDES SERVICES.

    Expenses $1,299,040

  • SCHOLARSHIPS - AWARDS TO INDIVIDUALS PURSUING, OR ADVANCING, A CAREER IN NURSING THROUGH ACADEMIC EDUCATION.

    Expenses $130,916 · Grants $130,916

  • EDUCATION GRANTS - MONIES TO SUPPLEMENT CONFERENCE REGISTRATIONS OR CERTIFICATION COMPLETION.

    Expenses $635,376 · Grants $635,376

  • OTHER VARIOUS PROGRAMS.

    Expenses $133,986

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tracy Black

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Larry Asplin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Gregg Brewster End 122022

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mike Carlin End 52022

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ric Cuming

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eric Farrell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bryan Burrs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Charlotte Guglielmi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alex Hodges End 122022

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Matt Kohut End 122022

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Joan Spear

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dan Voecks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Linda Groah Ex-Officio

    TRUSTEE, CEO OF AORN, INC.

    Total calculated
    $531,244
    From this org
    $0
    From related orgs
    $518,962
    Other
    $12,282
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $464,305 related
    Bonus
    $0 + $54,657 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $3,132 related
    Filer's total
    $0 + $531,244 related
  • Anne Fairchild

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeanne Marie Leahy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Martha Stratton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Brandon Jominy Begin 52022

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James L Cousin

    CFO, AORN INC.

    Total calculated
    $439,949
    From this org
    $0
    From related orgs
    $411,212
    Other
    $28,737
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $365,838 related
    Bonus
    $0 + $45,374 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $19,587 related
    Filer's total
    $0 + $439,949 related
  • Colette Palmer

    EXECUTIVE DIRECTOR, AORN F

    Total calculated
    $213,078
    From this org
    $198,444
    From related orgs
    $0
    Other
    $14,634
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,716
    Bonus
    $11,728
    Other
    $0
    Deferred
    $5,996
    Nontaxable benefits
    $8,638
    Filer's total
    $213,078

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

None.

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)

SCHEDULE J, PART II
EXECUTIVE DIRECTOR/CEO: THE DIRECTOR OF HUMAN RESOURCES PROVIDES THE BOARD OF DIRECTORS COMPENSATION COMMITTEE WITH A RECOMMENDED COMPENSATION RANGE COMMENSURATE WITH THE ROLE BASED ON COMPENSATION DATA FROM MULTIPLE BENCHMARKING SURVEYS AND STATISTICS FROM ORGANIZATIONS OF SIMILAR SIZE AND REGION. THE COMPENSATION COMMITTEE WILL ANNUALLY RECOMMEND TO THE BOARD OF DIRECTORS THE COMPENSATION AMOUNT FROM WITHIN THE RECOMMENDED RANGE. ANY COMPENSATION CHANGES ARE DOCUMENTED AND PLACED IN THE EXECUTIVE DIRECTOR'S FILE. ALL OTHER OFFICERS AND KEY EMPLOYEES: FOR INITIAL HIRES, THE DIRECTOR OF HUMAN RESOURCES PROVIDES THE EXECUTIVE DIRECTOR WITH A RECOMMENDED COMPENSATION RANGE COMMENSURATE WITH THE ROLE BASED ON COMPENSATION DATA FROM MULTIPLE BENCHMARKING SURVEYS AND STATISTICS FROM ORGANIZATIONS OF SIMILAR SIZE AND REGION. THE EXECUTIVE DIRECTOR, ALONG WITH THE HUMAN RESOURCES DIRECTOR, DETERMINES THE COMPENSATION AMOUNT FROM WITHIN THE RECOMMENDED RANGES.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AORN SYNTEGRITY INC

    C · INFORMATION SYSTEMS · CO

    Directly controlled by AORN

Provenance

Return type
form_990
Tax year
2022
Filed
9 October 2023
IRS schema version
2022v5.0
Source object
202322869349300527

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