Lumbar Spine Research Society
- Assets
- $504.6k
- Revenue
- $389.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Oregon, WI
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-2160175
Organization Overview
Lumbar Spine Research Society is located in Oregon, WI. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumbar Spine Research Society 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 12/2023, Lumbar Spine Research Society generated $389.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $327.2k during the year ending 12/2023. While expenses have increased by 14.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, AND IN FURTHERANCE OF SUCH PURPOSES, TO ENGAGE IN THE DEVELOPMENT AND DISSEMINATION OF KNOWLEDGE, INFORMATION, IDEAS, TRENDS, PHILOSOPHIES AND METHODS CONCERNING THE PREVENTION, DIAGNOSIS AND TREATMENT OF DISEASES, DISORDERS, INJURIES, ABNORMALITIES AND OTHER CONDITIONS OF THE LUMBAR SPINE IN CHILDREN AND ADULTS; TO SPONSOR AND CONDUCT MEDICAL RESEARCH RELATING TO THE LUMBAR SPINE AND TO PUBLISH THE RESULTS OF SUCH RESEARCH FOR PUBLIC USE; AND TO SPONSOR AND CONDUCT EDUCATIONAL AND SCIENTIFIC SEMINARS AND PROGRAMS FOR THE PRESENTATION AND DISCUSSION OF MEDICAL AND SCIENTIFIC PAPERS RELATING TO THE LUMBAR SPINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT AN ANNUAL MEETING FOR SCIENTIFIC INTERACTION WHICH PROMOTES AND DISCUSSES RESEARCH FOR THE BENEFIT OF PATIENT CARE IN RELATION TO THE UNDERSTANDING OF THE PHYSIOLOGY, PATHOLOGY AND MANAGEMENT OF DISORDERS OF THE LUMBAR SPINE.
PROVIDE RESEARCH GRANT FOR THE UNDERSTANDING OF THE PHYSIOLOGY, PATHOLOGY AND MANAGEMENT OF DISORDERS OF THE LUMBAR SPINE.
TO WORK TOWARDS TAKING A LEAD IN DIRECTING WHERE LUMBAR SPINAL SURGERY GOES IN THE FUTURE THROUGH A VENUE FOR THE FREE AND OPEN EXCHANGE OF SCIENTIFIC INFORMATION REGARDING THE TREATMENT OF LUMBAR SPINAL CONDITIONS. MEMBERS ARE ENCOURAGED TO SEEK OUT OTHER INDIVIDUALS WITH APPROPRIATE INTERESTS TO FURTHER OUR MEMBERSHIP AND ENSURE OUR SOCIETY'S FUTURE.
HANDS ON SURGICAL TECHNIQUES COURSE - A THREE-DAY COURSE FOR YOUNG ORTHOPEDIC SURGEONS AND NEUROSURGEONS WHO ARE INTERESTED IN DEVELOPING SURGICAL SKILLS AND TECHNIQUES NECESSARY FOR OPERATING WITH CONFIDENCE AND IMPROVING PATIENT CARE IN DEGENERATIVE LUMBAR SPINE SURGERY. THE COURSE IS AIMED AT PHYSICIANS WHO ARE IN SENIOR-LEVEL TRAINING AND SURGEONS IN THEIR FIRST YEAR OF PRACTIE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wellington Hsu MD President | Officer | 1 | $0 |
Jason Savage MD Secretary | Officer | 1 | $0 |
Dean Chou MD Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $136,639 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,694 |
| Total Program Service Revenue | $188,801 |
| Investment income | $1,366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $68,868 |
| Fees for services: Legal | $79 |
| Fees for services: Accounting | $2,042 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,057 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,565 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,507 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $327,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,316 |
| Savings and temporary cash investments | $305,244 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Total assets | $504,560 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $504,560 |
| Total liabilities and net assets/fund balances | $504,560 |