The Wilson Research Foundation
Nonprofit profile at a glance
- EIN
- 640752440
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Jackson, MS, USA
- Phone
- 6013643598
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,389,850
- Expenses
- $1,260,367
- Assets
- $10,119,253
- Liabilities
- $703,164
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- H CHRIS BLOUNT (EXECUTIVE DIRECTOR)
Highest reported compensation
- H CHRIS BLOUNT (EXECUTIVE DIRECTOR): $237,213 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In response to the needs of the physically disabled, the wilson research foundation is dedicated to providing funding for research, education, technology and other needs in support of Mississippi methodist rehabilitation center.
What it reported doing in 2024
The wilson research foundation is the primary support for methodist rehabilitation center's clinical research and education program "center for neuroscience and neurological recovery". The end-goal is to achieve better outcomes for patients, to determine what strategies work best, in whom and why, for recovery to each patient's potential. Over the years, the foundation has granted close to $14 million in grants to support clinical (human) research and provide therapists education/training in the use of innovative technologies. The research program has 4,500 feet of dedicated space at methodist, including a state-of-the-art neuro robotics lab, motion analysis lab and various therapy systems on the patient floors that serve dual roles as research and therapy tools. This work has resulted in over 330 publications in medical journals and presentations at many conferences. A major contribution of our research involves developing more effective ways to control muscle spasticity, a common, debilitating complication of serious stroke, traumatic brain injury or spinal cord injury. The research program elevates care and outcomes at methodist rehabilitation center. Provided a grant to methodist rehabilitation center for its' clinical research program, which also provides education and technology transfer into clinical practice, as it pertains to recovery from disabling illnesses and injuries, such as stroke, brain injury, spinal cord injury and loss of limb. Provided a grant for a robotic milling system and related equipment for orthotics and prosthetics fabrication. Provided a grant ot support clinical education activities and chaplaincy.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 87
- Accountability: 100
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.9%; rating input score 81
- Program expense ratio: 86.6%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.3%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 8.03; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 80.9% of revenue deployed · 86.6% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $237K · 15 people listed · 4 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 6 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.