Napa Medical Research Foundation
Nonprofit profile at a glance
- EIN
- 471567798
- IRS 990 coverage
- 2014–2022
- Forms available
- Form 990 2022
- Location
- Napa, CA, USA
- Phone
- 3127742500
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Voluntary Health Associations & Medical Disciplines N.E.C.
Reported finances
- Revenue
- $326,527
- Expenses
- $970,097
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JAMES VARTAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- JAMES VARTAN (EXECUTIVE DIRECTOR): $466,654 total reported compensation
- YVETTE URIBE (CLINICAL RESEARCHER): $178,334 total reported compensation
- MARKO BODOR MD (DIRECTOR OF MEDICAL RESEAR): $37,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of napa medical research foundation is to engage in charitable and educational activities and to conduct clinical and basic science research relating to the diagnosis, treatment and cure of conditions affecting nerves, muscles, bones and joints in adults and children. In addition, our goal is to share our findings within themedical profession and target populations to benefit the public good. Unlike other small foundations that limit their focus to a local community, we aim to serve humanity as a whole.
What it reported doing in 2022
The purpose of napa medical research foundation is to engage in charitable and educational activities and to conduct clinical and basic science research relating to the diagnosis, treatment and cure of conditions affecting nerves, muscles, bones and joints in adults and children.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 88% 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 72
- Accountability: 82
- Sustainability: 1
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.1%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 25th 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; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -197.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 71.8%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 24.6% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 12.3% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.1% of spending went to programs
- Governance: 14 of 14 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $951K in reported program spending
- Leadership: top reported pay $467K · 17 people listed · 1 of 6 pay-setting controls reported
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2014 to 2022
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 8 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.