Civic Intelligence

The Hand Surgery Endowment

EIN 37-1355162 • 501(c)3 • Beverly, MA

Profile

To foster and promote the highest quality of hand care through development and sponsorship of global programs related to the hand and upper extremity.

500 Cummings Center Suite 4400Beverly, MA 01915

www.handsurgery.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

95th percentile

161%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,140,707

Up $410,020 (+24%) from 2022

Liabilities

Down

$5,904

Down $4,196 (-42%) from 2022

Net Assets

Up

$2,134,803

Up $414,216 (+24%) from 2022

Revenue

Up

$525,118

Up $448,308 (+584%) from 2022

Expenses

Up

$87,935

Up $34,846 (+66%) from 2022

Net Income

Up

$437,183

Up $413,462 (+1743%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2018: $1,125,944Liabilities 2018: $0Net Assets 2018: $1,125,9442018Assets 2019: $1,357,686Liabilities 2019: $5,000Net Assets 2019: $1,352,6862019Assets 2021: $1,990,069Liabilities 2021: $1,446Net Assets 2021: $1,988,6232021Assets 2022: $1,730,687Liabilities 2022: $10,100Net Assets 2022: $1,720,5872022Assets 2024: $2,140,707Liabilities 2024: $5,904Net Assets 2024: $2,134,8032024

Highlighted filing

2024

Assets$2,140,707
Liabilities$5,904
Net Assets$2,134,803

Operations Trend

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

$600K$400K$200K$0Revenue 2018: $96,961Expenses 2018: $68,485Net Income 2018: $28,4762018Revenue 2019: $200,217Expenses 2019: $76,662Net Income 2019: $123,5552019Revenue 2021: $104,128Expenses 2021: $23,440Net Income 2021: $80,6882021Revenue 2022: $76,810Expenses 2022: $53,089Net Income 2022: $23,7212022Revenue 2024: $525,118Expenses 2024: $87,935Net Income 2024: $437,1832024

Highlighted filing

2024

Revenue$525,118
Expenses$87,935
Net Income$437,183

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$2,133,468
Mission and Program Overview

Mission

To foster and promote the highest quality of hand care through development and sponsorship of global programs related to the hand and upper extremity.

Promoting global hand health

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,767,826$1,965,356▲ $197,530
Cash and Non-Interest-Bearing Accounts$136,545$163,190▲ $26,645
Accounts Receivable$88,381$8,911▼ $79,470
Pledges and Grants Receivable$3,250$3,250→ $0
Total Assets$1,996,002$2,140,707▲ $144,705
Liabilities
Accounts Payable and Accrued Expenses$14,109$5,904▼ $8,205
Total Liabilities$14,109$5,904▼ $8,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,865,048$2,010,348▲ $145,300
Net Assets With Donor Restrictions$116,845$124,455▲ $7,610
Total Net Assets Fund Balance$1,981,893$2,134,803▲ $152,910
Total Liabilities and Net Assets / Fund Balance$1,996,002$2,140,707▲ $144,705

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$61,609$1,260▲ $1,150-$64,019
2023$59,234$1,000▲ $1,375-$61,609
2022$59,681$1,100▼ $1,547-$59,234
2021$37,234$20,640▲ $1,987-$59,861
2020$33,282$2,750▲ $1,202-$37,234
Compensation and Service Providers

Board Members and Trustees

NameTitle
Julie E Adams MdPast President/president
Thomas B Hughes MdPresident/vice President
Cherrie a Heinrich MdActive Member
Trent Gause MdActive Member
Adam Crelling Otrl ChtAffiliate Member
Jane Fedorczyk Pt Phd ChtAffiliate Member
Jonathan IsaacsSecretary
Miguel a a Pirela-cruz Md FacsSecretary (jan 2024)
Joshua M Abzug MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,783
Program Service Revenue
$0
Investment Income
$489,335
Other Revenue
$0
All Other Contributions
$35,783
Change in Net Assets
$437,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$67,112
Other Expenses$20,823
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$40,792--$40,792
Foreign Grants$16,285--$16,285
Fees for Services Accounting-$12,000-$12,000
Grants to Domestic Individuals$10,035--$10,035
Fees for Service Investment Mgmnt Fees-$7,531-$7,531
Office Expenses-$1,042-$1,042
Insurance-$250-$250
Total Functional Expenses$67,112$20,823$0$87,935
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hospital for Special SurgeryNew York, NY501c(3)Research Grant$15,000
Mayo ClinicMinneapolis, MN501c(3)Research Grant$15,000
Loloma FoundationDel Mar, CA501c(3)Scholarship$7,100

International Summary

Offices
0
Employees
0
Spending
$16,285

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaGrants to Receipients-00$8,131
North AmericaGrants to Receipients-00$4,230
Sub-saharan AfricaGrants to Receipients-00$3,924
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The professional relations and research institute ("prri") of beverly,massachusetts, maintains the books and records of the organization andperforms other related managerial and administrative functions for which itis compensated.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the administrative staff of the management company ("prri") and is then provided to the treasurer for final review before it is filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is distributed at each board meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its bylaws, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Hand Surgery Endowment
EIN
37-1355162
Phone
9789278330
Address
500 CUMMINGS CENTER SUITE 4400, BEVERLY, MA 01915

Signing Officer

Name
Joshua M Abzug Md
Title
Treasurer
Phone
9789278330
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas B Hughes Md
Formed
1995
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
GRASSI & CO CPA'S PC
Address
6 OMNI WAY SUITE 201, CHELMSFORD, MA 01824
Preparer
Brendan E Toolin
Phone
9784522500
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organizations endowment consists of one individual fund established to support the jaiyoung ryu lectureship to be given at the hand association's annual meeting.

Raw XML AppendixShowing 400 of 533 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt053218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0300939
IRS990ScheduleA/Total509Grp/TotalAmt0556090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt091982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0176028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt067291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt083490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0324478
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0743269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt061609
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01260
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt064019
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01150
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt059234
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt061609
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01375
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt059681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt059234
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1547
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt037234
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt020640
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt059861
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01987
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt033282
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt037234
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01202
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93063
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS ENDOWMENT CONSISTS OF ONE INDIVIDUAL FUND ESTABLISHED TO SUPPORT THE JAIYOUNG RYU LECTURESHIP TO BE GIVEN AT THE HAND ASSOCIATION'S ANNUAL MEETING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06937
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt08131
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt14230
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt23924
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECEIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECEIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTS TO RECEIPIENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt08131
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt14230
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt22354
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt31570
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE/CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1WIRE/CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2WIRE/CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3WIRE/CHECK
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt10
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt20
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt30
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt21
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt31
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2SUB-SAHARAN AFRICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3SUB-SAHARAN AFRICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0INTERNATIONAL RESERVE THERAPY SCHOLARSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1INTERNATIONAL RESERVE SURGERY FELLOWSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2INTERNATIONAL RESERVE THERAPY SCHOLARSHIP
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3INTERNATIONAL RESERVE SURGERY FELLOWSHIP
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt016285
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS ARE REQUIRED TO PROVIDE A REPORT UPON COMPLETION OF PROJECT AND INTERNSHIPS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt016285
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04502
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13015
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt4518
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MEMBER OUTREACH PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1VARGAS AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2LEAN AND GREEN AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3HUMANITARIAN AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4VOLUNTEER SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt41
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt27100
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOSPITAL FOR SPECIAL SURGERY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MAYO CLINIC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LOLOMA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0131624135
IRS990ScheduleI/RecipientTable/RecipientEIN1416011702
IRS990ScheduleI/RecipientTable/RecipientEIN2043702334
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0535 E 70TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 860334
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 2764
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MINNEAPOLIS

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