Nuvasive Spine Foundation
- Assets
- $851.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 26-4835245
Organization Overview
Nuvasive Spine Foundation is located in San Diego, CA. The organization was established in 2011. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuvasive Spine 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, Nuvasive Spine Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HONDURAS - ONE WORLD SURGERY: NSF PROUDLY LED THREE MEDICAL MISSION TRIPS TO HONDURAS TO THE ONE WORLD SURGERY CENTER IN HONDURAS IN 2022 THE PRIMARY FOCUS OF THIS LOCATION IS ADULT DEGENERATIVE SPINE SURGERY. NSFTRAVELS TO HONDURAS 2-3 TIMES A YEAR AND PERFORMS 20-30 SURGERIES ANDASSESSES 100-150 PATIENTS EACH TRIP.
EASTERN CARIBBEAN - WORLD PEDIATRIC PROJECT: NSF PROUDLY TWO LEDDIAGNOSTIC TRIPS TO ST. LUCIA AND BARBADOS AND THREE SURGICAL TRIPS TO ST. VINCENT AND BARBADOS THROUGH OUR PARTNERSHIP WITH WORLD PEDIATRIC PROJECT IN 2022. THE PRIMARY FOCUS OF THIS LOCATION IS ADOLESCENT IDIOPATHIC SCOLIOSIS. THIS PARTNERSHIPS INCLUDES A MULTI-ISLAND NETWORK OF DIAGNOSTIC CLINICS AND SURGICAL TEAMS TO ADDRESS SPINE CARE TO THE ENTIRE REGION. TEAMS TRAVEL 4-6 TIMES A YEAR AND PERFORM 8-12 SURGERIES AND ASSESS 20-80 PATIENTS IN CLINIC EACH TRIP.
MEXICO - GLOBAL SPINE OUTREACH: NSF PROUDLY LED TWO MEDICAL MISSION TRIPS TO MONTERREY MEXICO AND ONE TRIP TO CHIHUAHUA MEXICO IN 2022 IN PARTNERSHIP WITH GLOBAL SPINE OUTREACH.THE PRIMARY FOCUS OF THIS LOCATION IS PEDIATRIC COMPLEX DEFORMITY SPINESURGERY. THE TEAM OPERATES OUT OF THE CHRISTUS MUGUERZA HOSPITAL SYSTEM 2-4 TIMES A YEAR AND PERFORMS 6-12 SURGERIES AND ASSESSES 30-50 PATIENTS EACH TRIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Cali Executive Director & Board President | 40 | $146,196 | |
Anya Palazov Chief Financial Officer & Board Member | 1 | $0 | |
Mike Farrington Board Member | 1 | $0 | |
Jon Stone Board Member | 1 | $0 | |
Darren Alexander Chief Tax Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,136,041 |
| Interest on Savings | $181 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $91,052 |
| Total Revenue | $1,227,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,196 |
| Other employee salaries and wages | $88,575 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,715 |
| Printing and publications | $0 |
| Other expenses | $1,155,038 |
| Total operating and administrative expenses | $1,421,044 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,421,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $836,147 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $12,870 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,369 |
| Total assets | $851,386 |
| Accounts payable and accrued expenses | $516,398 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $516,398 |
Grants Awarded
Over the last fiscal year, Nuvasive Spine Foundation has awarded $411,668 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SPINEHOPE PURPOSE: CHARITABLE US SURGERY | $423 |
SYRIAN AMERICAN MEDICAL SOCIETY PURPOSE: SUPPORT MISSION TRIP TO TURKEY | $74,797 |
DUKE GLOBAL NEUROSURGERY AND NEUROSCIENCE PURPOSE: SUPPORT TWO MISSION TRIPS TO UGANDA | $150,000 |
ORTHOPAEDIC LINK PURPOSE: MISSION TRIP TO PHILIPPINES | $186,448 |