Civic Intelligence

The Institute for Basic and Applied Research in Surgery

990 • Fiscal year 2013 • EIN 36-3297771

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 25, 2014

7101 York Avenue South55435
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,656,982

No earlier filing loaded for comparison.

Net Assets

$1,650,378

No earlier filing loaded for comparison.

Liabilities

$6,608

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$211,239

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $1,656,982Liabilities 2013: $6,608Net Assets 2013: $1,650,3782013Assets 2014: $1,879,158Liabilities 2014: $8,443Net Assets 2014: $1,870,7152014Assets 2015: $1,908,867Liabilities 2015: $10,283Net Assets 2015: $1,898,5842015Assets 2016: $2,021,834Liabilities 2016: $1,268Net Assets 2016: $2,020,5662016Assets 2017: $2,242,994Liabilities 2017: $3,537Net Assets 2017: $2,239,4572017Assets 2018: $2,150,828Liabilities 2018: $3,137Net Assets 2018: $2,147,6912018Assets 2019: $2,171,368Liabilities 2019: $3,137Net Assets 2019: $2,168,2312019Assets 2020: $1,922,445Liabilities 2020: $1,327Net Assets 2020: $1,921,1182020Assets 2021: $2,403,609Liabilities 2021: $0Net Assets 2021: $2,403,6092021Assets 2022: $1,800,136Liabilities 2022: $0Net Assets 2022: $1,800,1362022Assets 2023: $1,797,572Liabilities 2023: $0Net Assets 2023: $1,797,5722023Assets 2024: $1,908,211Liabilities 2024: $0Net Assets 2024: $1,908,2112024

Highlighted filing

2013

Assets$1,656,982
Liabilities$6,608
Net Assets$1,650,378

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200K-$400KExpenses 2013: $211,2392013Revenue 2014: $211,208Expenses 2014: $213,472Net Income 2014: -$2,2642014Revenue 2015: $266,287Expenses 2015: $234,600Net Income 2015: $31,6872015Revenue 2016: $342,770Expenses 2016: $220,734Net Income 2016: $122,0362016Revenue 2017: $382,634Expenses 2017: $226,076Net Income 2017: $156,5582017Revenue 2018: $190,038Expenses 2018: $296,754Net Income 2018: -$106,7162018Revenue 2019: $230,550Expenses 2019: $407,745Net Income 2019: -$177,1952019Revenue 2020: $188,688Expenses 2020: $418,079Net Income 2020: -$229,3912020Revenue 2021: $98,363Expenses 2021: $120,489Net Income 2021: -$22,1262021Revenue 2022: $69,681Expenses 2022: $372,931Net Income 2022: -$303,2502022Revenue 2023: $60,120Expenses 2023: $101,529Net Income 2023: -$41,4092023Revenue 2024: $100,418Expenses 2024: $81,325Net Income 2024: $19,0932024

Highlighted filing

2013

Revenue-
Expenses$211,239
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 25, 2014
Return Version
2012v2.0
Gross Receipts
$281,437
Mission and Program Overview

Mission

Provide funding support to "Promising Young Surgical Investigators" within the Department of Surgery at the University of Minnesota; Regions Hospital, St. Paul, MN;the VA Medical Center, Minneapolis, MN; and other outstanding academic surgical training programs throughout North America.

Filing and Contact Details

Filer

EIN
36-3297771
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IRS990/Description0Program service accomplishments for Fiscal year 2012-2013. The Institute for Basic and Applied Research in Surgery (IBARS) provided funding resources that sponsor Basic and Applied Research activities within 17 surgical sub-specialty training areas at National and Internationally recognized Academic Surgical Training Programs..1. Under the direction of Dr. Henry Buchwald, the Bariatric and Metabolism Surgery Research Program serves as the research tail of the internationally recognized POSCH Study. The POSCH grant of more than $100,000,000 is the largest research grant ever offered by the National Institutes of Health (NIH).Morbidly obese patients around the world were, for the first time, able to significantly reduce their morbidity and mortality secondary to hypercholesterolemia.In cooperation with Dr. Sayeed Ikramuddin, the Bariatric and Metabolism Surgery Research Program examined two groups, those with gastric bypass surgery versus patients making "drastic" lifestyle changes as the best way to reverse type 2 diabetes. After a one-year study, 19% of the lifestyle management group met the health standards set by the study sponsor, the American Diabetes Association. A whopping 49% of the gastric bypass patients reached their goal.2.Under the direction of Dr. Bruce Cunningham, the Plastic and Reconstructive Surgery Program offers a three-year surgical residency training experience in Plastic and Reconstructive Surgery, highlighting specialty clinics in Limb, Organ, and Facial Reconstruction, and Transplantation.This innovative program is offered in cooperation with the Brevard Plastic Surgery Education Fund under the direction of Dr. Roxanne Guy servicing the needs of the greater Miami, Florida patient catchment area.The Plastic Surgery Research Training Program continues to work at National and International levels, focusing on the aesthetic and plastic reconstructive surgery procedures to enhance the quality of life for patients following accident or Surgical Oncology procedures.3.Under the direction of Dr. Roderick Barke, the Metabolism Surgery Research Program continues to offer cutting edge cholesterol to wound healing research and clinical treatment for more than 4,000 patients each year at the VA Medical Center of Minneapolis, Minnesota.Dr. Barke has undertaken a particularly rigorous study at the most basic educational level to find greater scientific correlation between Physics, Chemistry, and Biology concepts as they relate to metabolism research today. 4.Under the direction of Dr. Warren Schubert, and in cooperation with the Judith Lombeida Foundation, the International Humanitarian Surgical Team plans and executes medical missions to Central and South America.The International Humanitarian Surgical Team represents a portion of the surgical training program at the Plastic and Hand Surgery Division jointly offered by the University of Minnesota and St. Paul Regions Hospital. Each year, more than 40 medical staff and paraprofessionals attend to more than 1200 indigenous patients performing significant facial reconstructive surgery in the Philippines and Ecuador.This year, the International Humanitarian Surgical Team, Medical Mission to Ecuador forged a new and important partnership between the Ecuadorian Air Force and the Ecuadorian Department of Defense providing more frequent and reliable air transportation to geographically distant portions of the country.5.Under the direction of Dr. John Najarian, the Najarian Research Center continues to showcase the talents of world renown Organ Transplant surgeon, Dr. John Najarian. The Center provides the means for National and International travel to attend conferences, training sessions, and research programs in the field of Organ Transplantation. Dr. Najarian, is a recognized leader in training transplant surgeons. The University of Minnesota Transplant Program, has trained more than 107 Transplant Fellows since its creation in 1967.6.Under the direction of Dr. Todd Tuttle
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IRS990ScheduleO/GeneralExplanation/Explanation1AT EACH BOARD AND EXECUTIVE COMMITTEE MEETING CONFLICT OF INTEREST IS REVIEWED.
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