Orthopaedic Education and Research Institute of Southern California

Nonprofit profile at a glance

EIN
753078627
IRS 990 coverage
2020–2023
Forms available
Form 990 2023
Location
Orange, CA, USA
Phone
7146344567
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Nerve, Muscle, Bone Diseases Research

Reported finances

Revenue
$2,535,758
Expenses
$1,971,350
Assets
$962,154
Liabilities
$3,645

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • CARLOS PRIETTO II MD (EXECUTIVE DIRECTOR/CHAIR)

Highest reported compensation

  • VANCE GARDNER MD (MEDICAL DIRECTOR): $203,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Orthopaedic research and educational activities.

What it reported doing in 2023

1. Supports the orthopaedic research, educational operations and community outreach activities with 6 clinical research coordinators, clinical research manager, education coordinator, senior programs manager, administrator and medical director. Also supports 2 sports medicine fellows and 2 arthroplasty fellows.2. Enrollment and follow-up visits for 30 research studies that are either sponsored or investigator initiated. 3. Manuscript and abstract writing for publication and presentation at national conferences and in peer reviewed journals. 4. Management of depuy actis study data collection.support for clinical research coordinator for time spent enrolling research subjects and entering data.5. Support for the management of the joint arthroplasty fellowship training program.6. Support for the sports medicine fellowship training program.7. Enrollment and follow-up visits for mymobility reseach project. Support for clinical research coordinators for time spent enrolling research subjects.8. Continued enrollment and follow up for pacira genicular research study. Support for clinical research coordinators for time spent working on the study. 9. Study start-up and research protocol development.10. Follow up of 20 research subjects in simplify medical one-level and two-levels cervical disk replacement studies.11. Follow up of 3 research subjects in nuvasive nuvamap research study. Support for clinical research coordinators for time spent working on the study.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 19
  • Transparency & Controls: 65
  • Accountability: 63
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.2%; rating input score 19
  • Program expense ratio: 24.7%; rating input score 25
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 22.3%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 45.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 19.2% of revenue deployed · 24.7% of spending went to programs
  • Governance: 15 of 15 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $487K in reported program spending
  • Leadership: top reported pay $203K · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Financial Efficiency: Program expense ratio scored 25/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.