Arthritis National Research Foundation
Nonprofit profile at a glance
- EIN
- 956043953
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Irvine, CA, USA
- Phone
- 8005882873
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Eye Diseases, Blindness & Vision Impairments Research
Reported finances
- Revenue
- $4,662,015
- Expenses
- $3,833,484
- Assets
- $10,194,689
- Liabilities
- $197,991
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- EMILY STORMOEN (CEO)
Highest reported compensation
- EMILY STORMOEN (CEO): $298,698 total reported compensation
- JENNIFER DUNNE (DIRECTOR OF MARKETING & COMMUNICATIONS): $143,975 total reported compensation
- ASHLEY BARROW (DIRECTOR OF INDIVIDUAL GIVING): $117,823 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide initial research funding to brilliant, investigative scientists with new ideas to cure arthritis and related autoimmune diseases.
What it reported doing in 2024
Each year, arthritis research grants are awarded to independent md and/or phd scientists at unaffiliated research facilities and universities across the country. The arthritis national research foundation (the "foundation") scientific advisory board performs a nih-level review of all applications, ranking the proposals as to the excellence of the science, opportunity to make a break-through discovery and the quality of the investigator awardees, who receive a maximum grant of $125,000. Applicants must provide progress and final reports of their work, including publications in scientific journals and presentations at scientific meetings. If progress is deemed significant in the first year, awardees may apply for and earn a second year of support.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.9%; rating input score 97
- Program expense ratio: 84.5%; rating input score 84
- Fundraising efficiency: $11.7 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.8%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 2.66; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 17.6%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 8.9% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 96.9% of revenue deployed · 84.5% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $3.2M in reported program spending
- Leadership: top reported pay $299K · 17 people listed · 2 of 6 pay-setting controls reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 19 filed money-flow records
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Sustainability: Officer compensation ratio scored 15/100.