Foundation For Research And Education In Minimally Invasive Sp
- Assets
- $84.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-1661538
Organization Overview
Foundation For Research And Education In Minimally Invasive Sp is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (H9B) the organization is classified as: Surgical Specialties 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. Foundation For Research And Education In Minimally Invasive Sp 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, Foundation For Research And Education In Minimally Invasive Sp generated $135.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $71.9k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION TO FUND NON INVASIVE SURGERIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,125 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $155 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,280 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $60,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,874 |
| Total expenses | $71,874 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,492 |
| Other assets | $0 |
| Total assets | $84,492 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,492 |