Form 990 for tax year 2022
Filed by THE STONE RESEARCH FOUNDATION FOR SPORTS MEDICINE AND ARTHRITIS.
Totals
- Total revenue
- $1,834,814
- Total expenses
- $913,533
- Contributions and grants received
- $1,820,206
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $736
- Other revenue
- $13,872
- Total assets, end of year
- $1,704,696
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,704,696
- Program services expenses (Part IX)
- $679,812
- Management and general expenses
- $117,024
- Fundraising expenses
- $116,697
- Program service expenses (Part III)
- $679,812
Program services were 74.4% 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.
-
1e · Government grants (contributions)
$549,066
-
1f · All other contributions, gifts and grants
$1,271,140
-
1g · Noncash contributions included above
$70,608
-
3 · Investment income
total $736 · excluded $736
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Shared Services
total $13,872 · related or exempt $13,872
-
11e · Other revenue, total
$13,872
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $257,448 · program services $154,469 · management and general $51,490 · fundraising $51,489
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $111,767 · program services $67,060 · management and general $22,354 · fundraising $22,353
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $10,455 · program services $6,273 · management and general $2,091 · fundraising $2,091
-
11c · Fees: accounting
total $2,650 · program services $1,590 · management and general $530 · fundraising $530
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $253,035 · program services $253,035
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $8,697 · program services $5,218 · management and general $1,740 · fundraising $1,739
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $37,971 · program services $22,783 · management and general $7,594 · fundraising $7,594
-
17 · Travel
total $33,743 · program services $20,246 · management and general $6,749 · fundraising $6,748
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $25,267 · program services $15,160 · management and general $5,054 · fundraising $5,053
-
20 · Interest
total $67 · program services $40 · management and general $14 · fundraising $13
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $14,987 · program services $8,992 · management and general $2,998 · fundraising $2,997
-
24a · Other expenses: Research
total $60,138 · program services $60,138
-
24b · Other expenses: License Fees
total $23,485 · program services $14,091 · management and general $4,697 · fundraising $4,697
-
24c · Other expenses: Recruiting
total $18,348 · program services $11,009 · management and general $3,670 · fundraising $3,669
-
24d · Other expenses: Development
total $16,534 · program services $16,534
-
24e · All other expenses
total $38,941 · program services $23,174 · management and general $8,043 · fundraising $7,724
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $714,266 · end of year $1,567,794
-
2 · Savings and temporary cash investments
beginning of year $52,863 · end of year $123,889
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $39,913 · end of year $13,013
-
17 · Accounts payable and accrued expenses
beginning of year $385
-
27 · Net assets without donor restrictions
beginning of year $806,657 · end of year $1,581,173
-
28 · Net assets with donor restrictions
end of year $123,523
Mission and programs · 2022
Mission
To advance both scientific and educational enrichment of sports medicine and arthritis and to disseminate the results of analytical and scientific studies.
-
SuccessesFor over a decade the Foundation has helped to bring regenerative joint repair solutions directly to patients. Our research focuses on analyzing leading-edge biologic techniques that stimulate the body's ability to heal itself.In the past, artificial joint replacement was the primary option for treating debilitating joint disease. Today, patients have the option of regenerative repair which is less invasive, allows for faster healing and restores biologic joint services. Biologic joint services are superior to metal and plastics because they feel more natural in the body and allow for activity levels not possible with artificial joint replacement.Outcome studies and basic science research conducted by the Foundation support treatments that return patients to healthier, more active and more productive lives than was previously possible.EducationPhysicians and other medical professionals learn leading-edge treatments emanating from the research performed. Worldwide publications and presentations proliferate those results.
Expenses $679,812
As filed on the 2022 return.
Listed in Part VII
-
Mani Vessal
Dir Research & Ops
- Total calculated
- $147,362
- From this org
- $147,362
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kevin R Stone MD
Chairman
- Total calculated
- $0
- Hours/week
- 8
-
Mark Bailey as of 42222
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer Brinkley
Director
- Total calculated
- $0
- Hours/week
- 3
-
Christine Hartley
Director
- Total calculated
- $0
- Hours/week
- 3
-
Susan Stone until 42222
Director
- Total calculated
- $0
- Hours/week
- 3
-
Greg Widroe
Director
- Total calculated
- $0
- Hours/week
- 3
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331359349317528
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