Frederick N Meyer Orthopedic Residents Fund

Nonprofit profile at a glance

EIN
825489189
IRS 990-EZ coverage
2019–2025
Forms available
Form 990-EZ 2025
Location
Florence, AL, USA
Phone
2567670740
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$23,156
Expenses
$16,351
Assets
$57,034
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RUSSELL GOODE (PRESIDENT)
  • GRANT ZARZOUR (VICE PRESIDENT)

People named in this filing

  • RUSSELL GOODE (PRESIDENT)
  • GRANT ZARZOUR (VICE PRESIDENT)
  • MELANIE LANDRY (TREASURER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote physician recruitment and retainment to the mobile area while also supporting educational and research endeavors for its members not otherwise covered but required by local educational institutions

What it reported doing in 2025

Assistance for educational and research endeavors

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.6%; rating input score 71
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.4%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 3.49; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 70.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2025
  • 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.