Limbforge Corporation
Nonprofit profile at a glance
- EIN
- 472170014
- IRS 990-EZ coverage
- 2018–2018
- Forms available
- Form 990 2016, Form 990-EZ 2018
- Location
- Seattle, WA, USA
- Phone
- 9176032790
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $67,695
- Expenses
- $53,969
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Justine Trubey (President and CEO)
People named in this filing
- Johnny Falla (Chairman and Secretary)
- Andy Christensen (Treasurer)
- Andreas Bastian (Board Member)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Developing and deploying 3D technologies, training and capacity building to scale delivery of prosthetic rehabilitation to high-need populations in low-income countries, disaster areas and conflict zones.
What it reported doing in 2018
In 2017 we developed and conducted proof-of-concept live field testing of our MVP for a culturally appropriate 3D printed upper limb prosthetic to meet several patient-need variables (size, skin color, action, terminal device, limb loss site, etc). We worked on site in Haiti, partnering with two other non profit organizations, Victoria Hand Project and Healing Hands for Haiti, to train 14 technicians and together we made and fit upper limb prosthetics for 20 adults and children. The patients were each interviewed, measured, and fit with their personalized prosthetic built by the trained technicians, under our supervision, using our software and a 3D printer. The patients were given the prosthetic to keep. We also contributed to a project run by Medecin sans Frontieres Foundation to test onsite clinical healthcare applications using 3D printing in Amman Jordan. We provided software and prosthetic designs that provided upper limb prosthetics to 10 adults and children.
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 58% for direct work, and 42% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 75
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 79.5%; rating input score 80
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 22.2%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -42.3% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -52.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 63.4% of revenue deployed · 79.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $43K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 3 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.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 7/100.