Extracorporeal Life Support Organization, operating under the name Elso, is located in Ann Arbor, MI. The organization was established in 2015. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Elso employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elso 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, Elso generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $4.5m during the year ending 12/2023. While expenses have increased by 22.9% per year over the past 9 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
PROVIDING GLOBAL LEADERSHIP IN EXTRACORPOREAL LIFE SUPPORT THROUGH INNOVATION, ADVOCACY, AND ADVANCING KNOWLEDGE. ORGANIZATION'S VISION: ELSO WILL BE THE PREMIER ORGANIZATION FOR THE ADVANCEMENT OF EXTRACORPOREAL LIFE SUPPORT THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP REGISTRY: ELSO HAS MEMBERS GLOBALLY. IN 2023, OVER 700 MEMBER CENTERS PAID THEIR ANNUAL MEMBERSHIP FEES. WE CONTINUE TO WORK WITH CENTERS TO HAVE A SIGNED DATA USE AGREEMENT ON FILE. FOR THOSE THAT HAVE A SIGNED DUA, THEY THEN NEED TO PASS A DATA ENTRY EXAM TO BE ABLE TO CONTRIBUTE DATA TO THE ELSO REGISTRY. OVER 500 CENTERS WERE ABLE TO CONTRIBUTE THEIR DATA. WE CONTINUE TO WORK ON HAVING ALL MEMBER CENTERS BE ABLE TO CONTRIBUTE THEIR DATA TO THE REGISTRY. THIS TAKES MORE RESOURCES FOR CENTERS TO DO THIS, AND IN SOME RESOURCE-CONSTRAINED AREAS THIS IS CHALLENGING. INCREASINGLY, NEW PUBLICATIONS ARE SUCCESSFUL USING THE ELSO REGISTRY AS THE SOURCE OF INFORMATION.
ELSO PUBLISHED A NEW GUIDELINE ON NEUROMONITORING IN NEONATAL AND PEDIATRIC PATIENTS SUPPORTED BY EXTRACORPOREAL MEMBRANE OXYGENATION. THE ELSO REGISTRY EXCEEDED 200,000 PATIENT RUNS AND DOCUMENTED OVER 100,000 LIVES SAVED THROUGH ECLS.
EDUCATION AND TRAINING: ELSO INCREASED OUR OFFERINGS OF IN-PERSON TRAINING FOR SIMULATION AND CANNULATION COURSES IN 2024, NOTING HIGH DEMAND FOR BOTH IN 2023. IN-PERSON COURSES BEGAN IN JANUARY AT THE SOCIETY FOR CRITICAL CARE MEDICINE (SCCM) CONFERENCE IN PHOENIX, ARIZONA, WHERE 60+ LEARNERS WERE TRAINED IN ECLS SIMULATION, WHICH ALSO QUALIFIES AS A STEP 2 CRITERIA FOR THE ADULT CERTIFICATION EXAM (E-AEC). SIMULATION AND CANNULATION COURSES WERE HELD IN APRIL, JUNE, SEPTEMBER, AND NOVEMBER. THIS WAS THE FIRST YEAR THAT A NEO/PEDS SIMULATION COURSE WAS HELD, WHICH WE EXPECT TO GROW NEXT YEAR WITH THE RELEASE OF THE REST OF THE NEO/PEDS COURSES. THIS WAS ALSO THE FIRST TIME THAT ELSO HELD ADULT SIMULATION COURSES IN CONCERT WITH OUR ANNUAL CONFERENCE. DEMAND IS GROWING FOR ELSO. FOUNDATIONS - A VIRTUAL TRAINING PROGRAM FOR ADULT PRACTITIONERS. DEMAND IS ALSO GROWING FOR THE CERTIFICATION EXAM: E-AEC, ALSO A VIRTUAL COURSE.
ANNUAL CONFERENCE: SEATTLE, WASHINGTON WAS THE LOCATION OF THIS YEAR'S CONFERENCE, WHICH SET A NEW ATTENDANCE RECORD FOR ELSO AT 1,509 IN PERSON ATTENDEES. SPONSORSHIP FROM INDUSTRY WAS ALSO AT A RECORD HIGH. WE HAD THE MOST SPEAKERS WE HAVE EVER INVITED, WHICH CONTINUES TO FOSTER THE NEXT GENERATION OF SCIENTIFIC LEADERSHIP, ALONG WITH MORE DIVERSITY. THIS WAS THE FIRST YEAR ELSO INVITED ISHLT TO JOINTLY DEVELOP WHAT BECAME TWO BREAKOUT SESSIONS ON TRANSPLANT-RELATED CONTENT. THE TEAMS DID A WONDERFUL JOB PLANNING THIS TOGETHER AND THERE WAS A LOT OF ENTHUSIASM FOR THE PARTNERSHIP. THE CONFERENCE FEATURED A MOUNTAIN HIKER RESCUE AND HIS CHAIN OF SURVIVAL TEAM AS OUR OPENING SESSION - A TEAM BASED IN SEATTLE, WHICH INCLUDED THE US NAVY. IT'S A REMARKABLE STORY THAT TIED IN MUCH WORK IN OUR FIELD FOR ECPR AND OTHER OUT OF HOSPITAL SYSTEMS THAT NEED TO COME TOGETHER TO ACHIEVE BETTER PATIENT OUTCOMES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Paden MD Past-Preside | Trustee | 4 | $0 |
Daniel Brodie President-El | Trustee | 2 | $0 |
Thomas Mueller Global Rep. | Trustee | 2 | $0 |
Peta Alexander Treas. & Sec | OfficerTrustee | 3 | $0 |
Jay Shiland JD Director | Trustee | 2 | $0 |
Elizabeth Maringer JD Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Igd Solutions Prof. Develop | 12/30/23 | $489,185 |
Sweetrush Inc Custom E-learn | 12/30/23 | $280,000 |
Forest Cove Associates Llc Taxes, Cam, Etc | 12/30/23 | $258,400 |
Regents Of The University Of Mi Stat. Services | 12/30/23 | $288,859 |
Arbormetrix Inc Software | 12/30/23 | $225,000 |
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 | $10,004 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,004 |
Total Program Service Revenue | $4,891,852 |
Investment income | $115,839 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$35,534 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $267,818 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,260,063 |
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. | $562,406 |
Compensation of current officers, directors, key employees. | $84,361 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $208,678 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $123,190 |
Payroll taxes | $46,045 |
Fees for services: Management | $0 |
Fees for services: Legal | $45,382 |
Fees for services: Accounting | $56,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $18,483 |
Fees for services: Other | $532,739 |
Advertising and promotion | $40,540 |
Office expenses | $0 |
Information technology | $874,835 |
Royalties | $0 |
Occupancy | $203,652 |
Travel | $314,462 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $973,048 |
Interest | $0 |
Payments to affiliates | $83,727 |
Depreciation, depletion, and amortization | $41,826 |
Insurance | $20,743 |
All other expenses | $0 |
Total functional expenses | $4,460,086 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,518,007 |
Savings and temporary cash investments | $191,253 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $106,962 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $42,128 |
Prepaid expenses and deferred charges | $192,541 |
Net Land, buildings, and equipment | $357,052 |
Investments—publicly traded securities | $3,307,195 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $978,514 |
Other assets | $433,526 |
Total assets | $8,127,178 |
Accounts payable and accrued expenses | $415,889 |
Grants payable | $70,000 |
Deferred revenue | $891,975 |
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 | $1,044,775 |
Total liabilities | $2,422,639 |
Net assets without donor restrictions | $5,687,884 |
Net assets with donor restrictions | $16,655 |
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 | $8,127,178 |
Over the last fiscal year, Extracorporeal Life Support Organization has awarded $40,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF TEXAS SOUTHWESTERN PURPOSE: RESEARCH | $10,000 |
JOHN HOPKINS UNIVERSITY SCHOOL OFMEDICINE PURPOSE: RESEARCH | $10,000 |
BETH ISRAEL DEACONESS MEDICALCENTER PURPOSE: RESEARCH | $20,000 |