Rheumatology Association of Minnesota and the Dakotas
Nonprofit profile at a glance
- EIN
- 813072039
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Schaumburg, IL, USA
- Phone
- 8475177225
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $196,475
- Expenses
- $140,889
- Assets
- $426,580
- Liabilities
- $104,841
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Parastoo Fazeli MD (President)
- Cindy A Weaver MD (Vice President)
- Jody K Hargrove MD (PAST PRESIDENT)
People named in this filing
- Parastoo Fazeli MD (President)
- Cindy A Weaver MD (Vice President)
- Jody K Hargrove MD (PAST PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purposes of the corporation are charitable, educational, and scientific within the meaning of section 501c6 of the internal revenue code, as amended, including but not limited to, patient safety, protecting the physician-patient relationship, and improving access to health care.
What it reported doing in 2024
The association holds an educational conference to provide information relating to the practice of rheumatology and related treatments.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 82
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.2%; rating input score 59
- Program expense ratio: 82.6%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.3%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 3.03; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 59.2% of revenue deployed · 82.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $116K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.