Memorial Bone & Joint Research Foudation
- Assets
- $0.0
- Revenue
- $19.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Houston, TX
- Founding
- 03/2005
- Data as of
- 10/2022
- EIN
- 56-2415567
Organization Overview
Memorial Bone & Joint Research Foudation is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases 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. Memorial Bone & Joint Research Foudation 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 10/2022, Memorial Bone & Joint Research Foudation generated $19.1k 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 (23.3%) each year. All expenses for the organization totaled $30.8k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STATE OF THE ART PROGRESSIVE ORTHOPEDIC CARE TO HELP PATIENTS FUNCTION AT THEIR OPTIMAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTITY PROVIDES A COMBINATION OF UP-TO-DATE RESEARCH AND AN EXTENSIVE EXPERIENCE WHICH SETS IT APART FROM THE OTHER ORTHOPEDIC SURGEONS AND HELPTS ITS PATIENTS FUNCTION AT THEIR OPTIMAL LEVEL.
ENTITY PROVIDES A COMBINATION OF UP-TO-DATE RESEARCH AND AN EXTENSIVE EXPERIENCE WHICH SETS IT APART FROM THE OTHER ORTHOPEDIC SURGEONS AND HELPTS ITS PATIENTS FUNCTION AT THEIR OPTIMAL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefan Kreuzer President & | OfficerTrustee | 5 | $0 |
Suzanne Janacek Secretary | OfficerTrustee | 4 | $0 |
Bubba Levy Director | Trustee | 1 | $0 |
Dan Pastorini Director | Trustee | 1 | $0 |
Kelli Tonn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,860 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,019 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,939 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,080 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,538 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,833 |
| Advertising and promotion | $0 |
| Office expenses | $2,163 |
| Information technology | $11 |
| 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 | $0 |
| Interest | $158 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,863 |
| Insurance | $4,646 |
| All other expenses | $0 |
| Total functional expenses | $30,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,049 |
| Savings and temporary cash investments | $0 |
| 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 | $24,155 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $18,580 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $7,624 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Memorial Bone & Joint Research Foudation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: MEDICAL RESEARCH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Of Orthopeadic Researchers Inc Metairie, LA | $1,649,732 | $1,000,930 |
Spine Institute Of Louisiana Foundation Inc Shreveport, LA | $916,847 | $926,076 |
Ryans Lake Hunting & Fishing Club Lufkin, TX | $49,853 | $0 |
Carrell Clinic Foundation Dallas, TX | $238,126 | $170,097 |
Memorial Bone & Joint Research Foudation Houston, TX | $0 | $19,080 |
Spine Group Of Texas Research Foundation Houston, TX | $51,432 | $950 |
Texas Hip And Knee Foundation Fort Worth, TX | $173,976 | $0 |
Foundation For Southwest Orthopedic Research Houston, TX | $20,061 | $0 |
Hipkneearkansas Foundation Little Rock, AR | $73,992 | $8,130 |
Arkansas Spinal Cord Foundation Inc Little Rock, AR | $212 | $0 |
Shazia And Meraj Siddiqui Foundation Inc Batesville, AR | $4,017 | $0 |