Mayfield Education and Research Foundation

Nonprofit profile at a glance

EIN
310921099
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5132211100
Rating
74
Verdict
SUPPORTED
Rating confidence
Standard

Reported finances

Revenue
$1,824,779
Expenses
$1,519,563
Assets
$11,110,243
Liabilities
$404,695

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

Leadership & pay

21 people listed

Highest reported compensation

  • SONIA LIPP (DIRECTOR OF RESEARCH): $180,393 total reported compensation
  • DEBORAH LIVINGSTON (DEVELOPMENT DIRECTOR): $158,718 total reported compensation
  • WILLIAM D TOBLER MD (CHAIRMAN): $65,275 total reported compensation

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

Overview

Mission

Neuroscience research & education.

What it reported doing in 2024

Education: mayfield education and research foundation hosts 2 lectureships and 1 clinic annually. The herch lectureship was established in 2023 is a 2-day course for residents and fellows, that focuses on innovative spine surgery tools and techniques that will improve the lives of patients with spine disorders. Over the 2-day course, residents and fellows attend lectures and hands on labs. The keller lectureship was established in 2011 to enhance resident and fellowship programs by supporting an invited lecturer of international stature in the field of skull base surgery and surgical anatomy. The keller lectureship offers the opportunity for medical students, residents, fellows, and faculty to learn firsthand from renowned neurosurgeons. The winter clinics for cranial and spinal surgery has been hosted by mayfield education and research foundation for more than 3 decades. The clinic allows neurosurgery participants from 37 states and five countries to gather to experience research, networking, and professional development.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 81% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 79
  • Accountability: 75
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.5%; rating input score 65
  • Program expense ratio: 74.3%; rating input score 74
  • Fundraising efficiency: $17.95 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 25th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.7%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 7.31; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 26.6%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 9.5% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 13.7% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 65.5% of revenue deployed · 74.3% of spending went to programs
  • Governance: 14 of 15 board members independent · 4 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $180K · 21 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.