Foundation for Abdominal Surgery In
Nonprofit profile at a glance
- EIN
- 046124116
- IRS 990-PF coverage
- 2013–2014
- Forms available
- Form 990 2012, Form 990-PF 2014
- Location
- Melrose, MA, USA
- Phone
- 7816656102
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Surgery Specialties
Reported finances
- Revenue
- $-80,752
- Expenses
- $120,861
Source: IRS Form 990-PF. Selected filing: tax year 2014. Amounts in USD.
Overview
Mission
Surgery Specialties
What it reported funding in 2014
The foundation reported 1 grant totaling $44,500. The stated grant purpose was unrestricted.
Operating model
- Revenue model
- Investment-supported. 91% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- No current program activity. The filing reports no charitable disbursements for the current year.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
The verdict
MIXED - The filing identifies who received its grants and the endowment provides a meaningful financial cushion. A relatively small share of spending goes to grants and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 37
- Transparency: 100
- Compliance: 50
- Endowment Health: 79
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 36.8%; rating input score 37; 11th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: Limited
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 23.8; rating input score 79; 79th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Investments: 79th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Filing history: 2 filing years from 2013 to 2014
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Cost Efficiency: Grant expense ratio scored 37/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.