Sleep Research Society (SRS)

Nonprofit profile at a glance

EIN
237125856
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Darien, IL, USA
Phone
6307379716
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,676,119
Expenses
$1,556,892
Assets
$4,394,643
Liabilities
$257,619

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Daniel Buysse (President)
  • Chiara Cirelli (President-Elect)
  • Namni Goel (Immediate Past President)
  • John A Noel (Executive Director)

Highest reported compensation

  • Daniel Buysse (President): $25,000 total reported compensation
  • Stephanie J Crowley (Secretary/Treasurer): $10,000 total reported compensation
  • Chiara Cirelli (President-Elect): $5,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dissemination of research directed toward the study of sleep and its disorders, promoting interaction among scientists in the area of research.

What it reported doing in 2025

Conferences - sleep is the premier world forum for the presentation and discussion of the latest developments in clinical sleep medicine and sleep and circadian science. The sleep meeting provides evidence-based education to advance the science and clinical practice of sleep medicine, disseminates cutting-edge sleep and circadian research, promotes the translation of basic science into clinical practice, and fosters the future of the field by providing career development opportunities at all levels.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 90
  • Accountability: 91
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.4%; rating input score 62
  • Program expense ratio: 57.7%; rating input score 58
  • Fundraising efficiency: $4.43 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.1%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 2.82; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 62.4% of revenue deployed · 57.7% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $898K in reported program spending
  • Leadership: top reported pay $25K · 16 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 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 — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Financial Efficiency: Fundraising efficiency scored 14/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.