Perry Initiative
- Assets
- $314.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Newark, DE
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-3728166
Organization Overview
Perry Initiative is located in Newark, DE. The organization was established in 2011. 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. Perry Initiative 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 12/2021, Perry Initiative generated $173.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $252.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PERRY INITIATIVE IS A NON-PROFIT ORGANIZATION THAT INSPIRES YOUNG WOMEN TO PURSUE CAREERS IN ORTHOPAEDICS THROUGH DAY-LONG OUTREACH PROGRAMS, PERRY OUTREACH PROGRAM - POP FOR HIGH SCHOOL STUDENTS AND FOR FIRST AND SECOND YEAR MEDICAL STUDENTS MEDICAL STUDENT OUTREACH PROGRAM - MSOP. BOTH POP AND MSOP FEATURE LABORATORY-BASED WORKSHOPS THAT INTRODUCE SURGICAL AND ENGINEERING SKILLS ALONG WITH SMALL-GROUP MENTORING FROM PROMINENT WOMEN SURGEONS, BIOMEDICAL ENGINEERS, AND BUSINESS PROFESSIONALS IN ORTHOPAEDICS PROGRAM EVALUATION RESULTS INDICATE THAT BOTH POP AND MSOP ARE EFFECTIVE IN BUILDING THE PIPELINE FOR WOMEN IN THE ORTHOPAEDICS WORKFORCE. FOLLOW UP STUDIES HAVE SHOWN THAT 85 OF POP ALUMNAE ARE PURSUING STEM MAJORS AT THE COLLEGE LEVEL, WITH 25 IN ENGINEERING AND 60 IN THE BIOSCIENCES. THE MSOP HAS HAD A SIMILAR POSITIVE EFFECT ON FIRST AND SECOND YEAR MEDICAL STUDENTS' INTENTIONS TO PURSUE CAREERS IN ORTHOPAEDICS. AFTER PARTICIPATING IN THE PROGRAM, 90 OF THE STUDENTS WHO WERE INITIALLY UNDECIDED ON A SPECIALTY, 100 OF THOSE INITIALLY CONSIDERING ANOTHER SPECIALTY, AND 96 OF THOSE WHO WERE INITIALLY CONSIDERING ORTHOPAEDIC SURGERY INDICATED THAT THEY WERE NOW CONSIDERING OR STRONGLY CONSIDERING APPLYING TO ORTHOPAEDIC SURGERY RESIDENCY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Meszaros Dearolf PHD Executive Dir. | 40 | $73,281 | |
Lisa Lattanza MD President | 1 | $0 | |
Jenni Buckley PHD Co-President | 1 | $0 | |
Kathy Coyner MD Treasurer | 1 | $0 | |
Judith Damico MA Director | 1 | $0 | |
Dawn Laporte MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,316 |
| Total Program Service Revenue | $9,150 |
| Membership dues | $0 |
| Investment income | $1,717 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $950 |
| Total Revenue | $173,133 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $117,148 |
| Professional fees and other payments to independent contractors | $23,855 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,963 |
| Total expenses | $252,114 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $289,192 |
| Other assets | $0 |
| Total assets | $314,100 |
| Total liabilities | $11,453 |
| Net assets or fund balances | $302,647 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Perry Initiative has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Rock Medical Foundation Inc Hudson, OH PURPOSE: HELP | $500 |
Endowment Analysis
| Beg. Balance | $9,200 |
| Net Contributions | $16,200 |
| Other Expense | $9,200 |
| Ending Balance | $16,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
New Jersey Education Association Trenton, NJ | $44,298,969 | $35,727,105 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Delaware State Education Association Dover, DE | $9,815,225 | $5,886,540 |
International Literacy Association Newark, DE | $6,658,343 | $4,057,969 |
Montgomery County Education Association Inc Rockville, MD | $7,023,069 | $3,822,230 |
Institute For Portfolio Alternatives Inc Ellicott City, MD | $1,460,479 | $3,534,646 |
Association Of School Business Officials International Harrisburg, PA | $6,658,809 | $3,601,087 |
Caucus Educational Corporation Inc Verona, NJ | $4,412,371 | $3,782,556 |