World Institute of Pain

Nonprofit profile at a glance

EIN
954579119
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
WinstonSalem, NC, USA
Phone
3368657222
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$1,158,312
Expenses
$1,063,351
Assets
$1,204,852
Liabilities
$334,756

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Dominic Hegarty (President)
  • Miles R Day (President-Elect)
  • Peter Staats (Past President)

Highest reported compensation

  • Mark Tolliver (Executive Officer): $117,209 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The world institute of pain (wip) is an organization of pain physicians which provides members worldwide guidance to help alleviate pain, promote health, provide education and training in pain reduction, and develop protocols and outcome studies in pain management.

What it reported doing in 2024

WIP PROVIDED "PAIN PRACTICE," A SCHOLARLY JOURNAL, TO ITS MEMBERS. SUBSCRIPTIONS ARE A MEMBER BENEFIT. APPROXIMATELY 12% OF SUBSCRIPTIONS WERE DISTRIBUTED CHARITABLY TO PHYSICIANS WHO PRACTICE IN UNDERDEVELOPED, DEVELOPING, AND EMERGING COUNTRIES. THESE COUNTRIES INCLUDE Argentina, Azerbaijan, Bangladesh, Bosnia, Brazil, Chile, China, Colombia, Costa Rica, Croatia, Czech Republic, Ecuador, Ethiopia, Georgia, Greece, Guatemala, Guyana, Honduras, Hungary, India, Indonesia, Iran, Iraq, Jordan, Kenya, Latvia, Lithuania, Malawi, Malaysia, Mauritius, Mexico, Namibia, Nigeria, Pakistan, Panama, Philippines, Republic of Georgia, Romania, Russian Federation, Slovak Republic, Slovenia, South Africa, Sri Lanka, Tanzania, Thailand, Turkey, Ukraine, Venezuela, Yugoslavia and Zambia.

Operating model

Revenue model
Other-operating. 83% of the money available for current operations came from other operating revenue.
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 available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 53
  • Accountability: 84
  • Sustainability: 48
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 8.2%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 11%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 84.7% of spending went to programs
  • Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $900K in reported program spending
  • Leadership: top reported pay $117K · 10 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 14 filing years from 2010 to 2024
  • 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.

Key Signals

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

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.