Institute for Basic and Applied Research in Surgery Inc

What it reported doing in 2024

See schedule o.the programmatic service area accomplishments for fiscal year 2018-2019 include funding support, resources, training and infrastructure and, in limited cases, wages and compensation to promote, sponsor, and facilitate basic and applied research among 21 surgical subspecialty areas at nationally recognized academic surgery training programs (astp).the bariatric and metabolism surgery research center under the direction of dr. Henry buchwald is the research tail of the internationally recognized posch study. The posch study of more than $100 million dollars is the largest research grant ever given by the national institutes of health (nih). For the first time, obese patients around the world were able to significantly reduce their morbidity and mortality secondary to hypercholesterolemia.in cooperation with the national football league players association (nfl/pa), the living heart foundation (lhf) (a non-profit medical research foundation) and athletes health (ah), (a for-profit medical sports consortium), continue a 15-year medical screening program providing quarterly screening and follow-up care to members of the nfl players association.the national football league/players association is instrumental identifying players in acute and chronic medical need, directing them to quarterly screening clinics conducted throughout the united states, and subsidizing their care under the direction of the living heart foundation.in the spring of 2018, ibars, in cooperation with the nfl/pa and the living heart foundation (lhf) began a serious investigation into the degenerative effects of chronic brain injury.working in cooperation with the national football helmut players consortium, it is ibars intent to develop and produce a safer football helmet.the plastic and reconstructive surgery program under the direction of dr. Umar chaudry offers a three-year surgical fellowship training experience in plastic and reconstructive surgery highlighting specialty surgical microvascular repair in limb, organ, facial reconstruction, and organ transplantation.the plastic surgery research center training program works at the national level focusing on aesthetic and plastic and reconstructive surgery to enhance the quality of life for patients following neonatal, congenital defect, incident or accident, or cancer surgery reconstructive procedures.in the fall of 2017, ibars, in cooperation with the surgical team engaged in a mission (stem) began a comprehensive program to provide additional support to plastic and reconstructive surgery trainees to assist indigenous people in guatemala suffering both cleft palate and injuries secondary to burns.the metabolism surgery research center under the direction of dr. Roderick barke, continue to offer outstanding metabolism and wound healing research activities.dr. Barke carefully coordinates his efforts with dr. Steven santilli, now chairman of the department of surgery at the va medical center, and continues to play an important role in basic research activities.dr. Barke continues to work in active cooperation with his colleague, dr. Linda carson, to further integrate the metabolism research training program into the obstetrics and gynecologic training program at the university of Minnesota.the international humanitarian surgical team under the direction of dr. Warren schubert and mrs. Naomi quillopa, rn, plan, finance, and implement life-saving medical missions to the philippines and the far east. The international humanitarian surgical team represents a critical component of the plastic and hand surgery training program at st. Paul regions hospital.each year, more than 75 physicians and other paraprofessionals identify, address and resolve medical and surgical needs of more than 1,600 indigenous patients performing significant life-saving facial reconstructive surgery.the najarian research center under the direction of dr. John najarian, world renown organ transplant surgeon continues to showcas

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 65%; rating input score 65
• Fundraising efficiency: $1.7 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 25th 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: -23.1%; rating input score 38; 38th percentile among comparable filings
• Total-asset coverage ratio: 28.31; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 36; 36th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

• Program expense growth: -5.6% per year; rating input score 0; 36th percentile among comparable filings
• Revenue growth: -10.9% per year; rating input score 0; 30th percentile among comparable filings
• Asset growth: 0.2% per year; rating input score 100; 42nd percentile among comparable filings