The Stone Research Foundation For Sports Medicine And Arthritis
- Assets
- $1.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 10
- Location
- San Francisco, CA
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 94-3228007
Organization Overview
The Stone Research Foundation For Sports Medicine And Arthritis is located in San Francisco, CA. The organization was established in 1997. According to its NTEE Classification (H51) the organization is classified as: Arthritis Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Stone Research Foundation For Sports Medicine And Arthritis employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Research Foundation For Sports Medicine And Arthritis 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, Stone Research Foundation For Sports Medicine And Arthritis generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $913.5k during the year ending 12/2022. While expenses have increased by 28.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE BOTH SCIENTIFIC AND EDUCATIONAL ENRICHMENT OF SPORTS MEDICINE AND ARTHRITIS AND TO DISSEMINATE THE RESULTS OF ANALYTICAL AND SCIENTIFIC STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSESFOR OVER A DECADE THE FOUNDATION HAS HELPED TO BRING REGENERATIVE JOINT REPAIR SOLUTIONS DIRECTLY TO PATIENTS. OUR RESEARCH FOCUSES ON ANALYZING LEADING-EDGE BIOLOGIC TECHNIQUES THAT STIMULATE THE BODY'S ABILITY TO HEAL ITSELF.IN THE PAST, ARTIFICIAL JOINT REPLACEMENT WAS THE PRIMARY OPTION FOR TREATING DEBILITATING JOINT DISEASE. TODAY, PATIENTS HAVE THE OPTION OF REGENERATIVE REPAIR WHICH IS LESS INVASIVE, ALLOWS FOR FASTER HEALING AND RESTORES BIOLOGIC JOINT SERVICES. BIOLOGIC JOINT SERVICES ARE SUPERIOR TO METAL AND PLASTICS BECAUSE THEY FEEL MORE NATURAL IN THE BODY AND ALLOW FOR ACTIVITY LEVELS NOT POSSIBLE WITH ARTIFICIAL JOINT REPLACEMENT.OUTCOME STUDIES AND BASIC SCIENCE RESEARCH CONDUCTED BY THE FOUNDATION SUPPORT TREATMENTS THAT RETURN PATIENTS TO HEALTHIER, MORE ACTIVE AND MORE PRODUCTIVE LIVES THAN WAS PREVIOUSLY POSSIBLE.EDUCATIONPHYSICIANS AND OTHER MEDICAL PROFESSIONALS LEARN LEADING-EDGE TREATMENTS EMANATING FROM THE RESEARCH PERFORMED. WORLDWIDE PUBLICATIONS AND PRESENTATIONS PROLIFERATE THOSE RESULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mani Vessal Dir Research & Ops | 40 | $147,362 | |
Kevin R Stone MD Chairman | OfficerTrustee | 8 | $0 |
Mark Bailey As Of 42222 Director | Trustee | 3 | $0 |
Jennifer Brinkley Director | Trustee | 3 | $0 |
Christine Hartley Director | Trustee | 3 | $0 |
Susan Stone Until 42222 Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $549,066 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,271,140 |
| Noncash contributions included in lines 1a–1f | $70,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,820,206 |
| Total Program Service Revenue | $0 |
| Investment income | $736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,834,814 |
| 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 | $257,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $111,767 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,455 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,035 |
| Advertising and promotion | $0 |
| Office expenses | $8,697 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,971 |
| Travel | $33,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,267 |
| Interest | $67 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,987 |
| All other expenses | $38,941 |
| Total functional expenses | $913,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,567,794 |
| Savings and temporary cash investments | $123,889 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,013 |
| Total assets | $1,704,696 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,581,173 |
| Net assets with donor restrictions | $123,523 |
| 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 | $1,704,696 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Stone Research Foundation For Sports Medicine And Arthritis San Francisco, CA | $1,704,696 | $1,834,814 |
Arthritis Research Coalition Pacific Grove, CA | $133,767 | $324,906 |
California Rheumatology Alliance Los Angeles, CA | $1,130,070 | $235,132 |
The West Inc Tucson, AZ | $720,292 | $486,317 |
Dorr Institute For Arthritis Research & Education Pasadena, CA | $0 | $0 |