American Neuromuscular Foundation
- Assets
- $6.6m
- Revenue
- $644.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 41-1826063
Organization Overview
American Neuromuscular Foundation is located in Rochester, MN. The organization was established in 1995. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Neuromuscular 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, American Neuromuscular Foundation generated $644.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.8% each year . All expenses for the organization totaled $427.2k during the year ending 12/2022. While expenses have increased by 32.3% per year over the past 4 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.
Since 2020, American Neuromuscular Foundation has awarded 20 individual grants totaling $609,015. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN NEUROMUSCULAR FOUNDATION WAS ESTABLISHED TO IMPROVE THE QUALITY OF CARE FOR PEOPLE WITH DISORDERS OF SKELETAL MUSCLE, NEUROMUSCULAR FUNCTION, AND CENTRAL AND PERIPHERAL NERVOUS SYSTEMS THROUGH THE PROMOTION OF RESEARCH AND EDUCATION AND ADVANCING PUBLIC UNDERSTANDING OF THE DISORDERS. IT WAS ORGANIZED TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES OF THE AMERICAN ASSOCIATION OF NEUROMUSCULAR & ELECTRODIAGNOSTIC MEDICINE (AANEM).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN NEUROMUSCULAR FOUNDATION FUNDS RESEARCH GRANTS IN THE AREA OF NEUROMUSCULAR MEDICINE.
THE ANF CREATED THE LATE ONSET NEUROMUSCULAR DISEASE CONSORTIUM IN 2022. THE ANF CONVENED NEARLY 25 STAKEHOLDERS INCLUDING PATIENT ADVOCACY ORGANIZATIONS, INDUSTRY, AND CLINICIANS TO BEGIN TO IDENTIFY COMMON CHALLENGES AND POTENTIAL WORKSTREAMS FOR FUTURE CROSS-STAKEHOLDER COLLABORATION. THE LONDC IS FOCUSED ON PROJECTS TO DRIVE AWARENESS, IMPROVE EDUCATION, AND ADDRESS GAPS IN CARE.
AWARDS: THE AMERICAN NEUROMUSCULAR FOUNDATION SUPPORTS ITS EDUCATION AND RESEARCH GOALS BY FUNDING SEVERAL AWARDS EACH YEAR. EACH AWARD GIVES PHYSICIANS/INVESTIGATORS THE OPPORTUNITY TO BE RECOGNIZED AMONG THEIR PEERS FOR THEIR WORK IN RESEARCH. THE AWARDS GIVEN INCLUDE THE GOLSETH YOUNG INVESTIGATOR AWARD WHICH IS PRESENTED TO ENCOURAGE YOUNG PHYSICIANS TO CONDUCT RESEARCH IN EDX MEDICINE; THE BEST ABSTRACT AWARD IS PRESENTED TO THE WRITER AND RUNNER-UP OF THE ABSTRACT JUDGED BY THE AANEM ABSTRACT REVIEW COMMITTEE AS THE BEST BASED ON SCIENTIFIC MERIT, WELL WRITTEN, EXCELLENT DISCUSSION, IMPORTANCE TO THE FIELD,AND/OR FASCINATING CASE; THE PRESIDENT'S RESEARCH INITIATIVE AWARD IS BASED ON ABSTRACTS PERTAINING TO AN AREA OF INTEREST OF THE PRESIDENT; THE RESIDENT/FELLOW MEMBER RECOGNITION AWARD IS GIVEN TO AANEM PHYSICIAN-IN-TRAINING MEMBERS WHO ARE THE FIRST AND PRESENTING AUTHOR ON AN APPROVED ABSTRACT TO ENCOURAGE YOUNG PHYSICIANS TO CONDUCT RESEARCH IN THE FIELDS OF NEUROMUSCULAR AND ELECTRODIAGNOSTIC MEDICINE; THE OLNEY LECTURESHIP AWARD IS GIVEN TO THE PERSON CHOSEN TO PRESENT THE TITLED PLENARY SESSION AT THE AANEM ANNUAL MEETING; THE TECHNOLOGIST RECOGNITION AWARD IS GIVEN TO AANEM TECHNOLOGIST MEMBERS TO ENCOURAGE THEM TO TAKE A LEADING ROLE IN CONDUCTING RESEARCH IN NEUROMUSCULAR AND EDX MEDICINE. THE LAMBERT AWARD FOR PRESENTATION WAS ALSO GIVEN. THE MEDICAL STUDENT AWARD IS ALSO GIVEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirlyn Adkins Executive Di | Officer | 5 | $0 |
Jacob Sokol It Director | $0 | ||
Jay Schwinefus Membership & | $0 | ||
Millie Suk Hlth, Pol & | $0 | ||
Michelle Jones Mtg, Corp,& | $0 | ||
Samuel Bierner Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,144 |
| Related organizations | $150,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,224 |
| Noncash contributions included in lines 1a–1f | $5,144 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,368 |
| Total Program Service Revenue | $0 |
| Investment income | $242,041 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,519 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $251,958 |
| Grants and other assistance to domestic individuals. | $23,818 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,865 |
| 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 | $115,045 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,519 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,957 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $27 |
| Total functional expenses | $427,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $208,069 |
| 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 | $6,357,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,618,527 |
| Accounts payable and accrued expenses | $36,570 |
| Grants payable | $0 |
| Deferred revenue | $72,544 |
| 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 | $109,114 |
| Net assets without donor restrictions | $6,301,344 |
| Net assets with donor restrictions | $208,069 |
| 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 | $6,618,527 |
Grants Awarded
Over the last fiscal year, American Neuromuscular Foundation has awarded $251,958 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: RESEARCH GRANTS | $16,945 |
WASHINGTON UNIVERSITY PURPOSE: RESEARCH GRANTS | $25,000 |
DUKE UNIVERSITY MEDICAL CENTER PURPOSE: RESEARCH GRANTS | $49,940 |
REHABILITATION INSITITUTE OFCHICAGO D/B/A SHIRLEY RYAN PURPOSE: RESEARCH GRANTS | $50,000 |
MAYO CLINIC PURPOSE: RESEARCH GRANTS | $50,000 |
UNIVERSITY OF ROCHESTER PURPOSE: RESEARCH GRANTS | $35,073 |