Christine M Kleinert Institute

Nonprofit profile at a glance

EIN
611110645
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Louisville, KY, USA
Phone
5025620300
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$29,486
Expenses
$59,863
Assets
$295,233
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • TUNA OZYUREKOGLU MD (PRESIDENT)

People named in this filing

  • TUNA OZYUREKOGLU MD (PRESIDENT)
  • JEFF KOSSE (TREASURER)
  • MICHAEL KLEINERT (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Is to cultivate an environment for physicians and researchers to pursue training in medicine and research. It will provide the infrastructure of a first-class research center to enhance the physicians and researchers endeavors. The training obtained while at the christine m. Kleinert institute for hand and microsurgery will be unparalleled in the medical community.

What it reported doing in 2024

Christine m kleinert institute for hand & micro-surgery, inc. ("the organization') is a private, non-profit organization with a mission of education and research in the field of hand and micro-surgery. A primary focus is a hand surgery fellowship as well as research performed by cmki faculty, fellows and staff. In addition, the organization houses hand therapy and orthotics, which provides patient care and also participates in the education of fellows and in research. The organization receives its support primarily from patient billings, donations and grants. Hand surgery fellowship: the hand surgery fellowship received full accreditation form the acgme in on january 9, 2020. The hand therapy department continuted to see patients for hand therapy and participated in both the hand transplant program as well as the tdcs program.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 62.6%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -103%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 4.93; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -16.1% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -15.6% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 62.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.