Marks Colorectal Surgical Foundation
- Assets
- $583.8k
- Revenue
- $304.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Wynnewood, PA
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 23-2880381
Organization Overview
Marks Colorectal Surgical Foundation is located in Wynnewood, PA. The organization was established in 1997. According to its NTEE Classification (G70) the organization is classified as: Digestive Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Marks Colorectal Surgical Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marks Colorectal Surgical Foundation 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 12/2022, Marks Colorectal Surgical Foundation generated $304.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $207.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ACTIVE CONDUCT OF MEDICAL RESEARCH OF COLORECTAL DISEASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND EDUCATION ACTIVITIES:- ACTIVE INSTITUTIONAL REVIEW BOARD (IRB)-APPROVED STUDIES: 1. FEASIBILITY AND SAFETY OF SINGLE PORT ROBOTIC SURGERY IN COLORECTAL PROCEDURES (IRBNTID E-19-3864), 2. QUALITY OF LIFE AND FUNCTIONAL OUTCOMES AFTER COLORECTAL SURGERY (MINIMALLY INVASIVE AND CANCER DATABASES) (IRBNETID E-23-5292), 3. MULTICENTER PHASE II STUDY OF TRANSANAL TOTAL MESORECTAL EXCISION (TATME) WITH LAPAROSCOPIC ASSISTANCE FOR RECTAL CANCER (IRBNETID E-18-3779), AND 4. VIRTUAL INCISION ROBOTICALLY ASSISTED SURGICAL DEVICE (VI RASD) FOR UMBRELLA SURGICAL PROCEDURES: MINIMALLY INVASIVE RIGHT AND LEFT COLECTOMY (IRBNETID E-21-5142). (CONTINUED ON SCHEDULE O)- ONGOING EDUCATION OF PREMEDICAL STUDENTS, MEDICAL STUDENTS, RESIDENT PHYSICIANS, CLINICAL FELLOWS, AND PHYSICIAN RESEARCHERS ALL ENGAGED IN RESEARCH PROJECTS AND PRESENTING WORK AT NATIONAL MEETINGS. - IMPLEMENTATION OF PROJECT MANAGEMENT SOFTWARE. - 23 NATIONAL AND INTERNATIONAL PRESENTATIONS OF OUR RESEARCH AND INVITED PRESENTATIONS AT EDUCATIONAL FORUMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H Marks MD President | OfficerTrustee | 0.3 | $0 |
Lauren A Kosinski Executive Director | Officer | 30 | $113,692 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $303,730 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,730 |
| Total Program Service Revenue | $0 |
| Investment income | $1,099 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,923 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,073 |
| Compensation of current officers, directors, key employees. | $74,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,358 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $120 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,244 |
| Information technology | $521 |
| Royalties | $0 |
| Occupancy | $34,357 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $51 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $710 |
| All other expenses | $2,025 |
| Total functional expenses | $207,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,465 |
| Savings and temporary cash investments | $309,553 |
| Pledges and grants receivable | $31,120 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,677 |
| Total assets | $583,815 |
| Accounts payable and accrued expenses | $21,226 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,985 |
| Total liabilities | $28,211 |
| Net assets without donor restrictions | $23,584 |
| Net assets with donor restrictions | $532,020 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $583,815 |