Civic Intelligence

The Midwest Nursing Research

EIN 26-2252480 • 501(c)3 • Brentwood, TN

Profile

The purpose of the foundation is to raise funds to support nursing research. The vision of the foundation is to advance and support research, research utilization, and research careers.

5034A Thoroughbred LaneBrentwood, TN 37027

www.mnrs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

57th percentile

0.03x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

60th percentile

7.3%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

54th percentile

9.4%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$502,087

Up $14,435 (+3.0%) from 2023

Liabilities

Down

$56

Down $6 (-9.7%) from 2023

Net Assets

Up

$502,031

Up $14,441 (+3.0%) from 2023

Operations
Liabilities / Revenue57th percentileNet Margin76th percentile

Revenue

Down

$50,380

Down $1,741 (-3.3%) from 2023

Expenses

Up

$47,497

Up $1,297 (+2.8%) from 2023

Net Income

Down

$2,883

Down $3,038 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $225,254Liabilities 2011: $1,893Net Assets 2011: $223,3612011Assets 2012: $246,244Liabilities 2012: $272Net Assets 2012: $245,9722012Assets 2013: $306,224Liabilities 2013: $11,250Net Assets 2013: $294,9742013Assets 2014: $365,279Liabilities 2014: $6,341Net Assets 2014: $358,9382014Assets 2015: $394,615Liabilities 2015: $6,396Net Assets 2015: $388,2192015Assets 2016: $388,070Liabilities 2016: $2,952Net Assets 2016: $385,1182016Assets 2017: $436,398Liabilities 2017: $2,500Net Assets 2017: $433,8982017Assets 2018: $463,371Liabilities 2018: $0Net Assets 2018: $463,3712018Assets 2019: $467,849Liabilities 2019: $0Net Assets 2019: $467,8492019Assets 2020: $471,684Liabilities 2020: $1,630Net Assets 2020: $470,0542020Assets 2021: $570,225Liabilities 2021: $6,373Net Assets 2021: $563,8522021Assets 2022: $515,407Liabilities 2022: $32,302Net Assets 2022: $483,1052022Assets 2023: $487,652Liabilities 2023: $62Net Assets 2023: $487,5902023Assets 2024: $502,087Liabilities 2024: $56Net Assets 2024: $502,0312024

Highlighted filing

2024

Assets$502,087
Liabilities$56
Net Assets$502,031
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2011: $86,378Expenses 2011: $48,051Net Income 2011: $38,3272011Revenue 2012: $75,352Expenses 2012: $45,397Net Income 2012: $29,9552012Revenue 2013: $108,044Expenses 2013: $69,016Net Income 2013: $39,0282013Revenue 2014: $100,405Expenses 2014: $61,738Net Income 2014: $38,6672014Revenue 2015: $117,523Expenses 2015: $71,739Net Income 2015: $45,7842015Revenue 2016: $100,393Expenses 2016: $70,261Net Income 2016: $30,1322016Revenue 2017: $82,597Expenses 2017: $66,188Net Income 2017: $16,4092017Revenue 2018: $66,304Expenses 2018: $48,657Net Income 2018: $17,6472018Revenue 2019: $46,082Expenses 2019: $37,976Net Income 2019: $8,1062019Revenue 2020: $55,966Expenses 2020: $42,033Net Income 2020: $13,9332020Revenue 2021: $51,501Expenses 2021: $40,944Net Income 2021: $10,5572021Revenue 2022: $54,370Expenses 2022: $53,311Net Income 2022: $1,0592022Revenue 2023: $52,121Expenses 2023: $46,200Net Income 2023: $5,9212023Revenue 2024: $50,380Expenses 2024: $47,497Net Income 2024: $2,8832024

Highlighted filing

2024

Revenue$50,380
Expenses$47,497
Net Income$2,883
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$502,087
Liabilities
$56
Net assets
$502,031
Revenue
$50,380
Expenses
$47,497
Net income
$2,883
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.02$0.00$5.02$0.50$0.47$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.88$0.00$4.88$0.52$0.46$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.15$0.32$4.83$0.54$0.53$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.06$5.64$0.52$0.41$0.11
2020Detailed filing. Detailed filing data is available for this year.$4.72$0.02$4.70$0.56$0.42$0.14
2019Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.46$0.38$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$0.66$0.49$0.18
2017Detailed filing. Detailed filing data is available for this year.$4.36$0.03$4.34$0.83$0.66$0.16
2016Detailed filing. Detailed filing data is available for this year.$3.88$0.03$3.85$1.00$0.70$0.30
2015Detailed filing. Detailed filing data is available for this year.$3.95$0.06$3.88$1.18$0.72$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.65$0.06$3.59$1.00$0.62$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.11$2.95$1.08$0.69$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.00$2.46$0.75$0.45$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.02$2.23$0.86$0.48$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$53,538
Mission and Program Overview

Mission

The purpose of the foundation is to raise funds to support nursing research. The vision of the foundation is to advance and support research, research utilization, and research careers.

TO RAISE FUNDS TO SUPPORT NURSING RESEARCh

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$417,169$465,770▲ $48,601
Savings and Temporary Cash Investments$64,163$21,990▼ $42,173
Cash and Non-Interest-Bearing Accounts$5,727$13,717▲ $7,990
Accounts Receivable$0$610▲ $610
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$487,652$502,087▲ $14,435
Other Assets Total$593$0▼ $593
Liabilities
Accounts Payable and Accrued Expenses$62$56▼ $6
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$62$56▼ $6
Net Assets / Fund Balance
Net Assets With Donor Restrictions$398,635$402,403▲ $3,768
Net Assets Without Donor Restrictions$88,955$99,628▲ $10,673
Total Net Assets Fund Balance$487,590$502,031▲ $14,441
Total Liabilities and Net Assets / Fund Balance$487,652$502,087▲ $14,435

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$396,029$1,000▲ $12,217-$402,297
2022$394,777$1,000▲ $11,502-$396,029
2021$468,975-▼ $55,483-$394,777
2020$391,835$1,000▲ $87,216-$468,975
2019$404,085$1,000▼ $750-$391,835
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Helen LachPresident
AkeeNeel TalsmaTrustee
Keela HerrTrustee
Marcia ShadeTrustee
Said AbusalemTrustee
Vida VizgirdaTrustee
Lauren PageauTRUSTEE AND ENS Representative
Diane Von AhTrustee and Mnrs Treasurer
Marilyn FrennSecretary-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,290
Program Service Revenue
$0
Investment Income
$16,856
Other Revenue
$-2,766
All Other Contributions
$20,586
Change in Net Assets
$2,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,418
Grants and Similar Amounts Paid$17,079
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$17,079--$17,079
Fees for Services Management-$16,840-$16,840
Conferences and Meetings$2,739$1,670-$4,409
Fees for Services Legal-$2,807-$2,807
Fees for Service Investment Mgmnt Fees-$2,485-$2,485
Other Expenses-$2,327-$2,327
Office Expenses-$979-$979
Total Functional Expenses$19,818$27,679$0$47,497
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,158
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meet$15,704$0$3,158$-3,158
Total Events$15,704$0$3,158$-3,158
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

“The foundation receives various management services from parthenon management group, llc.”

FORM 990, PART VI, SECTION B, LINE 11B:

“Prior to its filing with the irs, a copy of the form 990 will be emailed to the executive director and each member of the board of directors for review.”

FORM 990, PART VI, SECTION B, LINE 12C:

“Each year, each voting member of the board of directors and other officers are required to complete a conflict of interest disclosure form. This information is reviewed. Board members with conflicts of interest will be asked to recuse themselves from all votes and discussions surrounding the conflict. If the conflict prohibits the board member from carrying out his/her duties, the board member will be asked to resign from the board to ensure mnrs is able to appropriately govern the organization.”

FORM 990, PART VI, SECTION C, LINE 19:

“The foundation makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
The Midwest Nursing Research
EIN
26-2252480
In Care Of
% PARTHENON MANAGEMENT GROUPL
Phone
6154320098
Address
5034A THOROUGHBRED LANE, BRENTWOOD, TN 37027

Signing Officer

Name
Julie Anderson
Title
Treasurer
Phone
6154320098
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Anderson
Formed
2007
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
25

Preparer

Firm
Withumsmithbrown Pc
Address
4600 EAST-WEST HIGHWAY SUITE 900, BETHESDA, MD 20814
Preparer
Richard Ruvelson
Phone
3012726000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The endowment consists of contributions made to the foundation's founders and ambassadors circle fund which will be used to fund nursing research through annual grants.”

Raw XML AppendixShowing 400 of 529 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt036290
IRS990/CYGrantsAndSimilarPaidAmt017079
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE AND ENS Representative
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE AND MNRS TREASURER
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IRS990/PrincipalOfficerNm0Julie Anderson
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT CONSISTS OF CONTRIBUTIONS MADE TO THE FOUNDATION'S FOUNDERS AND AMBASSADORS CIRCLE FUND WHICH WILL BE USED TO FUND NURSING RESEARCH THROUGH ANNUAL GRANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL MEET
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