Civic Intelligence

The Institute for Basic and Applied Research in Surgery

990 • Fiscal year 2018 • EIN 36-3297771

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 26, 2018

Organization ProfileN/A
7101 York Avenue SouthMinneapolis, MN 55435

(952) 921-3399

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

5th percentile

-56%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

61st percentile

$83,988

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 44.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

27th percentile

-4.1%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$2,150,828

Down $92,166 (-4.1%) from 2017

Net Assets

Down

$2,147,691

Down $91,766 (-4.1%) from 2017

Liabilities

Down

$3,137

Down $400 (-11%) from 2017

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin5th percentile

Revenue

Down

$190,038

Down $192,596 (-50%) from 2017

Expenses

Up

$296,754

Up $70,678 (+31%) from 2017

Net Income

Down

-$106,716

Down $263,274 (-168%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

2018

Assets$2,150,828
Liabilities$3,137
Net Assets$2,147,691
Open 2018 Filing

Operations Trend

Revenue Growth5th percentile

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

2018

Revenue$190,038
Expenses$296,754
Net Income-$106,716
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 26, 2018
Return Version
2017v2.2
Gross Receipts
$190,038
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.

To provide promising young surgical investigators additional research funding support throughout north america.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,986,038$1,986,410▲ $372
Savings and Temporary Cash Investments$165,421$90,658▼ $74,763
Cash and Non-Interest-Bearing Accounts$90,112$72,337▼ $17,775
Prepaid Expenses and Deferred Charges$1,423$1,423→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,242,994$2,150,828▼ $92,166
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,537$3,137▼ $400
Total Liabilities$3,537$3,137▼ $400
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,157,929$1,158,564▲ $635
Temporarily Rstr Net Assets$730,901$711,835▼ $19,066
Unrestricted Net Assets$350,627$277,292▼ $73,335
Total Net Assets Fund Balance$2,239,457$2,147,691▼ $91,766
Total Liabilities and Net Assets / Fund Balance$2,242,994$2,150,828▼ $92,166

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$6,070$6,070

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,986,038$635▲ $50,609$50,872$1,986,410
2016$1,868,151$1,000▲ $228,170$111,283$1,986,038
2015$1,830,074$1,010▲ $98,214$61,147$1,868,151
2014$1,840,036$1,075▲ $30,039$41,076$1,830,074
2013$1,571,112$1,985▲ $363,924$96,985$1,840,036
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
William a SullivanExecutive VPFT$83,988$83,988

Board Members and Trustees

NameTitle
Paul J Wojda MdChair
Jessica L Najarian MdChair Elect
J S Najarian MdChair, Emeritus
Pamala PortschyDirector
Steven SantilliDirector
Susan KratzDirector
T M TuttleDirector
Warren SchubertDirector
J Pdelaney MdPres. EmeriTUS
Ruth StanochSecretary
Sarah E KostialTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$153,310
Program Service Revenue
$0
Investment Income
$35,659
Other Revenue
$1,069
All Other Contributions
$153,310
Change in Net Assets
$-106,716

Audited Revenue Reconciliation

Revenue per Audited Statements
$190,038
Total Revenue per Audited Statements
$190,038
Total Revenue per Form 990
$190,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$169,386
Salaries, Compensation, and Employee Benefits$107,763
Other Expenses$19,605
Total Fundraising Expense$12,009
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$169,386--$169,386
Current Officers, Directors, Trustees, and Key Employees$71,126$2,886$9,976$83,988
Other Salaries and Wages-$15,768-$15,768
Occupancy$6,716$1,762$942$9,420
Payroll Taxes$5,709$1,497$801$8,007
Fees for Services Accounting-$7,280-$7,280
Information Technology$856$224$120$1,200
Office Expenses$447$117$63$627
Insurance$324$85$45$454
Other Expenses$109$29$15$153
Travel$55$15$8$78
Total Functional Expenses$255,008$29,737$12,009$296,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,754
Total Expenses per Audited Statements$296,754
Total Expenses per Form 990$296,754
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dept of Surgery U of MMinneapolis, MN--$75,000
Neurology LtdSt Paul, MN--$54,555
Metabolism Surgery CenterSt Paul, MN--$11,346
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Board of directors will review and approve before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“At each board and executive committee meeting conflict of interest is reviewed.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“PROVIDED UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
The Institute for Basic and
EIN
36-3297771
Phone
9529213399
Address
7101 YORK AVENUE SOUTH, MINNEAPOLIS, MN 55435

Signing Officer

Name
William a Sullivan
Title
Executive VP
Signed
2018-12-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William a Sullivan
Formed
1984
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
10
Employees
2
Volunteers
12

Preparer

Firm
Carpenter Evert & Associates
Address
7760 France Ave S 940, Bloomington, MN 55435
Preparer
Marc Colin
Phone
9528310085
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“IBARS has a tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and has adopted Accounting for Uncertainty in Income Taxes, ASC 740-10. IBARSs policy is to evaluate uncertain tax positions, at least annually, for the potential for income tax exposure from unrelated business income or from loss of nonprofit status. IBARS continues to operate consistent with its original exemption application and each year takes the necessary actions to maintain its exempt status. It has been classified as an organization that is not a private foundation under the Internal Revenue Code and charitable contributions by donors are tax deductible. In compliance with its exempt status, IBARS annually files a Return of Organization Exempt From Income Tax (Form 990).”

Raw XML AppendixShowing 400 of 528 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03537
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03137
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE PROMISING YOUNG SURGICAL INVESTIGATORS ADDITIONAL RESEARCH FUNDING SUPPORT THROUGHOUT NORTH AMERICA.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0153310
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM SULLIVAN III
IRS990/BooksInCareOfDetail/PhoneNum09529213399
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07101 YORK AVE S 159
IRS990/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055435
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt090112
IRS990/CashNonInterestBearingGrp/EOYAmt072337
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09976
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02886
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt071126
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt083988
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0153310
IRS990/CYGrantsAndSimilarPaidAmt0169386
IRS990/CYInvestmentIncomeAmt035659
IRS990/CYOtherExpensesAmt019605
IRS990/CYOtherRevenueAmt01069
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-106716
IRS990/CYSalariesCompEmpBnftPaidAmt0107763
IRS990/CYTotalExpensesAmt0296754
IRS990/CYTotalFundraisingExpenseAmt012009
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0190038
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Programmatic Service Area accomplishments for Fiscal Year 2017-2018 include funding support, resources, training and infrastructure and, in limited cases, wages and compensation to promote, sponsor, and facilitate Basic and Applied Research among 21 surgical subspecialty areas at Nationally recognized Academic Surgery Training Programs (ASTP).The Bariatric and Metabolism Surgery Research Center under the direction of Dr. Henry Buchwald is the research tail of the Internationally recognized POSCH Study. The POSCH Study of more than $100 Million dollars is the largest research grant ever given by the National Institutes of Health (NIH). For the first time, obese patients around the world were able to significantly reduce their morbidity and mortality secondary to hypercholesterolemia.In cooperation with the National Football League Players Association (NFL/PA), the Living Heart Foundation (LHF) (a non-profit medical research foundation) and Athletes Health (AH), (a for-profit medical sports consortium), continue a 14-year Medical Screening Program providing quarterly screening and follow-up care to members of the NFL Players Association.The National Football League/Players Association is instrumental identifying players in acute and chronic medical need, directing them to quarterly screening clinics conducted throughout the United States, and subsidizing their care under the direction of the Living Heart Foundation.In the Spring of 2018, IBARS, in cooperation with the NFL/PA and the Living Heart Foundation (LHF) began a serious investigation into the degenerative effects of chronic brain injury.Working in cooperation with the National Football Helmut Players Consortium, it is IBARS intent to develop and produce a safer football helmet.The Plastic and Reconstructive Surgery Program under the direction of Dr. Umar Chaudry offers a three-year Surgical Fellowship Training experience in Plastic and Reconstructive Surgery highlighting specialty surgical microvascular repair in limb, organ, facial reconstruction, and organ transplantation.The Plastic Surgery Research Center Training Program works at the National level focusing on aesthetic and plastic and reconstructive surgery to enhance the quality of life for patients following neonatal, congenital defect, incident or accident, or cancer surgery reconstructive procedures.In the Fall of 2017, IBARS, in cooperation with the Surgical Team Engaged in a Mission (STEM) began a comprehensive program to provide additional support to Plastic and Reconstructive Surgery Trainees to assist indigenous people in Guatemala suffering both cleft palate and injuries secondary to burns.The Metabolism Surgery Research Center under the direction of Dr. Roderick Barke, continue to offer outstanding metabolism and wound healing research activities.Dr. Barke carefully coordinates his efforts with Dr. Steven Santilli, now Chairman of the Department of Surgery at the VA Medical Center, and continues to play an important role in basic research activities.Dr. Barke continues to work in active cooperation with his colleague, Dr. Linda Carson, to further integrate the Metabolism Research Training Program into the Obstetrics and Gynecologic Training Program at the University of Minnesota.The International Humanitarian Surgical Team under the direction of Dr. Warren Schubert and Mrs. Naomi Quillopa, RN, plan, finance, and implement life-saving medical missions to the Philippines and the Far East. The International Humanitarian Surgical Team represents a critical component of the Plastic and Hand Surgery Training Program at St. Paul Regions Hospital.Each year, more than 70 physicians and other paraprofessionals identify, address and resolve medical and surgical needs of more than 1,600 indigenous patients performing significant life-saving facial reconstructive surgery.The Najarian Research Center under the direction of Dr. John Najarian, world renown Organ Transplant Surgeon continues to showcase the talent of
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0255008
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07280
IRS990/FeesForServicesAccountingGrp/TotalAmt07280
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM A SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm1SARAH E KOSTIAL
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN SANTILLI
IRS990/Form990PartVIISectionAGrp/PersonNm3J PDELANEY MD
IRS990/Form990PartVIISectionAGrp/PersonNm4PAMALA PORTSCHY
IRS990/Form990PartVIISectionAGrp/PersonNm5J S NAJARIAN MD
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL J WOJDA MD
IRS990/Form990PartVIISectionAGrp/PersonNm7RUTH STANOCH
IRS990/Form990PartVIISectionAGrp/PersonNm8SUSAN KRATZ
IRS990/Form990PartVIISectionAGrp/PersonNm9T M TUTTLE
IRS990/Form990PartVIISectionAGrp/PersonNm10WARREN SCHUBERT
IRS990/Form990PartVIISectionAGrp/PersonNm11JESSICA L NAJARIAN MD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt083988
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Pres. EmeriTUS
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR, EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR ELECT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0169386
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0169386
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0169386
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0190038
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0120
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0224
IRS990/InformationTechnologyGrp/ProgramServicesAmt0856
IRS990/InformationTechnologyGrp/TotalAmt01200
IRS990/InsuranceGrp/FundraisingAmt045
IRS990/InsuranceGrp/ManagementAndGeneralAmt085
IRS990/InsuranceGrp/ProgramServicesAmt0324
IRS990/InsuranceGrp/TotalAmt0454
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt035659
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035659
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01986038
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01986410
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06070
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt06070
IRS990/LegalDomicileStateCd0MN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02239457
IRS990/NetAssetsOrFundBalancesEOYAmt02147691
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt014950
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0942
IRS990/OccupancyGrp/ManagementAndGeneralAmt01762
IRS990/OccupancyGrp/ProgramServicesAmt06716
IRS990/OccupancyGrp/TotalAmt09420
IRS990/OfficeExpensesGrp/FundraisingAmt063
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0117
IRS990/OfficeExpensesGrp/ProgramServicesAmt0447
IRS990/OfficeExpensesGrp/TotalAmt0627
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1Postage and Shipping
IRS990/OtherExpensesGrp/FundraisingAmt039
IRS990/OtherExpensesGrp/FundraisingAmt115
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt074
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt129
IRS990/OtherExpensesGrp/ProgramServicesAmt0280
IRS990/OtherExpensesGrp/ProgramServicesAmt1109
IRS990/OtherExpensesGrp/TotalAmt0393
IRS990/OtherExpensesGrp/TotalAmt1153
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt01069
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01069
IRS990/OtherRevenueTotalAmt01069
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015768
IRS990/OtherSalariesAndWagesGrp/TotalAmt015768
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0801
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01497
IRS990/PayrollTaxesGrp/ProgramServicesAmt05709
IRS990/PayrollTaxesGrp/TotalAmt08007
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01157929
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01158564
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01423
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01423
IRS990/PrincipalOfficerNm0WILLIAM A SULLIVAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0216797
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt098805
IRS990/PYInvestmentIncomeAmt0165837
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt024877
IRS990/PYRevenuesLessExpensesAmt0156558
IRS990/PYSalariesCompEmpBnftPaidAmt0102394
IRS990/PYTotalExpensesAmt0226076
IRS990/PYTotalRevenueAmt0382634
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-106716
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0165421
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0216797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0244502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0232431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt065885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0912925
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035659
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033944
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033513
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0170009
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.22250
IRS990ScheduleA/PublicSupportPY170Pct00.28170
IRS990ScheduleA/PublicSupportTotal170Amt0240902
IRS990ScheduleA/SubstantialContributorsTotAmt0672023
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0216797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0244502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0232431
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt065885
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0912925
IRS990ScheduleA/TotalSupportAmt01082934
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.14120
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01986038
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0635
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01986410
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt050609
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt050872
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01868151
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01986038
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0228170
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0111283
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01830074
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01010
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01868151
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098214
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt061147
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01840036
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01075
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01830074
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt030039
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt041076
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01571112
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01985
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01840036
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0363924
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt096985
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0296754
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06070

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,150,828
Liabilities
$3,137
Net assets
$2,147,691
Revenue
$190,038
Expenses
$296,754
Net income
-$106,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.10$0.08$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.06$0.10$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.07$0.37$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.10$0.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.19$0.42$0.23
2019Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.23$0.41$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.19$0.30$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.38$0.23$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.34$0.22$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.91$0.01$1.90$0.27$0.23$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.01$1.87$0.21$0.21$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.01$1.65$0.21