Civic Intelligence

American Neuromuscular Foundation

EIN 41-1826063 • 501(c)3 • Rochester, MN

Profile

The american neuromuscular foundation was established to improve the quality of care for people with disorders of skeletal muscle, neuromuscular function, and central and peripheral nervous systems through the promotion of research and education and advancing public understanding of the disorders. It was organized to carry out the charitable, educational, and scientific activities of the american association of neuromuscular & electrodiagnostic medicine (aanem).

2621 Superior Drive NWRochester, MN 55901

www.neuromuscularfoundation.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $10M-$25M 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

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

230%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,555,502

Up $2,280,661 (+31%) from 2023

Liabilities

Up

$163,096

Up $103,714 (+175%) from 2023

Net Assets

Up

$9,392,406

Up $2,176,947 (+30%) from 2023

Revenue

Up

$2,849,038

Up $1,984,562 (+230%) from 2023

Expenses

Up

$821,411

Up $404,678 (+97%) from 2023

Net Income

Up

$2,027,627

Up $1,579,884 (+353%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $900,640Liabilities 2011: $0Net Assets 2011: $900,6402011Assets 2012: $1,006,646Liabilities 2012: $0Net Assets 2012: $1,006,6462012Assets 2013: $1,101,573Liabilities 2013: $10,366Net Assets 2013: $1,091,2072013Assets 2014: $1,209,159Liabilities 2014: $20,461Net Assets 2014: $1,188,6982014Assets 2015: $1,422,058Liabilities 2015: $0Net Assets 2015: $1,422,0582015Assets 2016: $4,398,721Liabilities 2016: $0Net Assets 2016: $4,398,7212016Assets 2017: $4,837,854Liabilities 2017: $66,459Net Assets 2017: $4,771,3952017Assets 2018: $4,540,776Liabilities 2018: $147,883Net Assets 2018: $4,392,8932018Assets 2019: $5,168,400Liabilities 2019: $65,079Net Assets 2019: $5,103,3212019Assets 2020: $5,628,605Liabilities 2020: $85,535Net Assets 2020: $5,543,0702020Assets 2021: $7,629,142Liabilities 2021: $36,420Net Assets 2021: $7,592,7222021Assets 2022: $6,618,527Liabilities 2022: $109,114Net Assets 2022: $6,509,4132022Assets 2023: $7,274,841Liabilities 2023: $59,382Net Assets 2023: $7,215,4592023Assets 2024: $9,555,502Liabilities 2024: $163,096Net Assets 2024: $9,392,4062024

Highlighted filing

2024

Assets$9,555,502
Liabilities$163,096
Net Assets$9,392,406

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $127,622Expenses 2011: $32,963Net Income 2011: $94,6592011Revenue 2012: $97,836Expenses 2012: $32,270Net Income 2012: $65,5662012Revenue 2013: $103,249Expenses 2013: $51,662Net Income 2013: $51,5872013Revenue 2014: $125,690Expenses 2014: $24,694Net Income 2014: $100,9962014Revenue 2015: $318,726Expenses 2015: $21,300Net Income 2015: $297,4262015Revenue 2016: $3,276,253Expenses 2016: $192,474Net Income 2016: $3,083,7792016Revenue 2017: $463,904Expenses 2017: $350,316Net Income 2017: $113,5882017Revenue 2018: $371,034Expenses 2018: $229,076Net Income 2018: $141,9582018Revenue 2019: $138,984Expenses 2019: $139,469Net Income 2019: -$4852019Revenue 2020: $296,787Expenses 2020: $269,449Net Income 2020: $27,3382020Revenue 2021: $2,104,689Expenses 2021: $187,746Net Income 2021: $1,916,9432021Revenue 2022: $644,928Expenses 2022: $427,189Net Income 2022: $217,7392022Revenue 2023: $864,476Expenses 2023: $416,733Net Income 2023: $447,7432023Revenue 2024: $2,849,038Expenses 2024: $821,411Net Income 2024: $2,027,6272024

Highlighted filing

2024

Revenue$2,849,038
Expenses$821,411
Net Income$2,027,627

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.56$0.16$9.39$2.85$0.82$2.03
2023Detailed filing. Detailed filing data is available for this year.$7.27$0.06$7.22$0.86$0.42$0.45
2022Detailed filing. Detailed filing data is available for this year.$6.62$0.11$6.51$0.64$0.43$0.22
2021Detailed filing. Detailed filing data is available for this year.$7.63$0.04$7.59$2.10$0.19$1.92
2020Detailed filing. Detailed filing data is available for this year.$5.63$0.09$5.54$0.30$0.27$0.03
2019Summary only. Only limited summary data is available for this year.$5.17$0.07$5.10$0.14$0.14$0.00
2018Summary only. Only limited summary data is available for this year.$4.54$0.15$4.39$0.37$0.23$0.14
2017Summary only. Only limited summary data is available for this year.$4.84$0.07$4.77$0.46$0.35$0.11
2016Summary only. Only limited summary data is available for this year.$4.40$0.00$4.40$3.28$0.19$3.08
2015Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$0.32$0.02$0.30
2014Summary only. Only limited summary data is available for this year.$1.21$0.02$1.19$0.13$0.02$0.10
2013Summary only. Only limited summary data is available for this year.$1.10$0.01$1.09$0.10$0.05$0.05
2012Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.10$0.03$0.07
2011Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.13$0.03$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.0
Gross Receipts
$10,533,111
Mission and Program Overview

Mission

The american neuromuscular foundation was established to improve the quality of care for people with disorders of skeletal muscle, neuromuscular function, and central and peripheral nervous systems through the promotion of research and education and advancing public understanding of the disorders. It was organized to carry out the charitable, educational, and scientific activities of the american association of neuromuscular & electrodiagnostic medicine (aanem).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,983,383$9,308,061▲ $2,324,678
Accounts Receivable$53,433$144,765▲ $91,332
Savings and Temporary Cash Investments$238,025$102,676▼ $135,349
Total Assets$7,274,841$9,555,502▲ $2,280,661
Liabilities
Accounts Payable and Accrued Expenses$59,382$163,096▲ $103,714
Total Liabilities$59,382$163,096▲ $103,714
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,877,420$9,023,928▲ $2,146,508
Net Assets With Donor Restrictions$338,039$368,478▲ $30,439
Total Net Assets Fund Balance$7,215,459$9,392,406▲ $2,176,947
Total Liabilities and Net Assets / Fund Balance$7,274,841$9,555,502▲ $2,280,661

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$6,983,383$1,750,000▲ $600,919-$9,308,061
2023$6,357,279-▲ $648,988-$6,983,383
2022$7,380,798$291,098▼ $999,489-$6,357,279
2021$5,431,633$1,539,989▲ $581,810-$7,380,798
2020$4,666,996-▲ $775,490-$5,431,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Shirlyn AdkinsExecutive DiPT$320,663$320,663
Jay SchwinefusMembership &-$165,408$165,408
Millie SukHlth, Pol &-$162,389$162,389
Michelle JonesMtg, Corp,&-$161,029$161,029

Board Members and Trustees

NameTitle
Faye Chiou TanPresident
Lisa D Hobson-webbPresident El
Benjamin Warfel-term End 102024Director
Earl J CraigDirector
John MorrenDirector
Laura CorriganDirector
Michael Cartwright-term End 102024Director
Monika Krzesniak-swinarskaDirector
Robert Irwin-term End 102024Director
Ruple S LaughlinDirector
Samuel BiernerDirector
Shirlyn AdkinsExecutive Director
Millie SukHlth, Pol & Std Director
Jacob SokolIt Director
Michelle JonesMtg, Corp,& Fdn Director
Jay SchwinefusMembership & Marketi
Devon RubinSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
SmithsolveLondc Services-$502,118
Revenue and Support

Revenue Composition

Contributions and Grants
$2,397,685
Program Service Revenue
$0
Investment Income
$461,452
Other Revenue
$-10,099
All Other Contributions
$450,118
Change in Net Assets
$2,027,627

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$42,317Fair Market Value (FMV)
Other Non Cash Contri Table1$5,250Fair Market Value (FMV)
Total Noncash Contributions2$47,567-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$531,361
Grants and Similar Amounts Paid$290,050
Total Fundraising Expense$3,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$502,118--$502,118
Grants to Domestic Orgs$239,482--$239,482
Grants to Domestic Individuals$33,256--$33,256
Fees for Service Investment Mgmnt Fees-$26,241-$26,241
Foreign Grants$17,312--$17,312
Office Expenses--$3,000$3,000
Other Expenses-$2-$2
Total Functional Expenses$792,168$26,243$3,000$821,411
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
THE BRIGHAM AND WOMEN'S HOSPITALBoston, MA501c3Research Grants$50,000
UclaLos Angeles, CA501c3Research Grants$50,000
University of FloridaAtlanta, GA501c3Research Grants$39,575
General Hospital CorporationBoston, MA501c3Research Grants$25,000
John Hopkins UniversityChicago, IL501c3Research Grants$25,000
The Research Institute ofDetroit, MI501c3Research Grants$25,000
University of IndianaDetroit, MI501c3Research Grants$24,907

International Compliance

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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,567
Fundraising Gross Income$24,456
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$72,023$24,456$47,567$-23,111
Total Events$72,023$24,456$47,567$-23,111
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
Audit committee
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
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A completed copy of form 990 and all related schedules is reviewed in detail by the executive director. After the review, form 990 and all related schedules are emailed to the board of directors for their review and input prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The board of directors and committee members are asked annually to disclose any conflicts of interest they may have. At each board or committee meeting, those present are again asked to disclose any conflicts of interest, both verbally and in writing. If someone has a conflict of interest on a topic of discussion, they are asked to either leave the room or refrain from participating in the discussion and abstain from voting on the topic.

Form 990, Page 6, Part VI, Line 15A

The finance committee of the aanem, headed by the secretary-treasurer, completes an evaluation/formal review process for the executive director and/or any other key employee or officer deemed necessary annually. The secretary-treasurer obtains input from key members of the organization that may include the board president, other board members, and staff through discussions, emails and/or written review form. After completion and discussion of the evaluation, the finance committee reviews comparable compensation information for similarly qualified persons in functionally comparable positions at similarly situated organizations from 990s and/or salary surveys. The finance committee then recommends a compensation package and submits it to the board of directors for approval.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy and forms, and form 990 are available for public inspection at the corporate office located at 2621 superior dr nw rochester, mn 55901. The documents may also be obtained through a written request.

Filing and Contact Details

Filer

Filer Name
American Neuromuscular Foundation
EIN
41-1826063
Phone
5072880100
Address
2621 SUPERIOR DRIVE NW, ROCHESTER, MN 55901

Signing Officer

Name
Shirlyn Adkins
Title
Executive Director
Phone
5072880100
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirlyn Adkins
Formed
1995
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
29

Preparer

Firm
La Crosse Cpas LLC
Address
1425 STATE ROAD 16 STE A, LA CROSSE, WI 54601
Preparer
Derek Wilber CPA
Phone
6084339884
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The american neuromuscular foundation was established to improve the quality of care for people with disorders of skeletal muscle, neuromuscular function, and central and peripheral nervous systems through the promotion of research and education and advancing public understanding of the disorders. It was organized to carry out the charitable, educational, and scientific activities of the american association of neuromuscular & electrodiagnostic medicine (aanem).

Form 990, Page 2, Part III, Line 4C

Awards: the american neuromuscular foundation supports its education and research goals by funding several awards each year. Each award gives physicians/investigators the opportunity to be recognized among their peers for their work in research. The awards given include the golseth young investigator award which is presented to encourage young physicians to conduct research in edx medicine; the best abstract award is presented to the writer and runner-up of the abstract judged by the aanem abstract review committee as the best based on scientific merit, well written, excellent discussion, importance to the field,and/or fascinating case; the president's research initiative award is based on abstracts pertaining to an area of interest of the president; the resident/fellow member recognition award is given to aanem physician-in-training members who are the first and presenting author on an approved abstract to encourage young physicians to conduct research in the fields of neuromuscular and electrodiagnostic medicine; the olney lectureship award is given to the person chosen to present the titled plenary session at the aanem annual meeting; the technologist recognition award is given to aanem technologist members to encourage them to take a leading role in conducting research in neuromuscular and edx medicine. The lambert award for presentation was also given. The medical student award is also given.

Form 990, Part X

The foundation is exempt from federal and state taxes under 501(c)(3) of the internal revenue code and similar state statutes and consequently, records no provision for income taxes.

Form 990, Part XI

The audited financial statements include the total revenues, gains and other support of the american association of neuromuscular & electrodiagnostic medicine (aanem), which is an affiliated supported 501 (c)(6) organization with the same board of directors, minus the public member. The 1,900,000 received from aanem was eliminated from the consolidated financial statements and needs to be added back to arrive at the foundation's total revenue.

Form 990, Part XII

The audited financial statements include the total expenses and losses of aanem.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The american neuromuscular foundation has two board-designated endowment funds and three donor-advised funds. The first is the olney lectureship endowmnet, which was established in 2006 to fund the speaker chosen to present the richard k olney lecture during a plenary session at the aanem annual meeting. The fmv of this account is 210,326. The second is the research designated endowment, which was established in 2016 to fund research projects. The fmv of this account is 8,729,258. There are three donor-advised funds: golseth donor-advised fund, which was established in 2004 to fund the golseth young investigator award and has a fmv of 142,832. The golseth young investigator award is presented annually for original research in neuromuscular and electrodiagnostic medicine to encourage medical students to conduct research. Lambert lectureship endowment, which was established in 2015 to fund the speaker chosen to present the lambert lecture at a plenary session at the aanem annual meeting. The fmv of this account is 157,362. Singh lectureship endowment, which was established in 2019 to fund a early career presenter for the singh lectureship at the aanem annual meeting. The fmv of this account is 68,283.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
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IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBERSHIP &
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IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY/TR
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IRS990/MissionDesc0THE AMERICAN NEUROMUSCULAR FOUNDATION WAS ESTABLISHED TO IMPROVE THE QUALITY OF CARE FOR PEOPLE WITH DISORDERS OF SKELETAL MUSCLE, NEUROMUSCULAR FUNCTION, AND CENTRAL AND PERIPHERAL NERVOUS SYSTEMS THROUGH THE PROMOTION OF RESEARCH AND EDUCATION AND ADVANCING PUBLIC UNDERSTANDING OF THE DISORDERS. IT WAS ORGANIZED TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES OF THE AMERICAN ASSOCIATION OF NEUROMUSCULAR & ELECTRODIAGNOSTIC MEDICINE (AANEM).
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANF CREATED THE LATE ONSET NEUROMUSCULAR DISEASE CONSORTIUM IN 2022. THE ANF CONVENED NEARLY 25 STAKEHOLDERS INCLUDING PATIENT ADVOCACY ORGANIZATIONS, INDUSTRY, AND CLINICIANS TO BEGIN TO IDENTIFY COMMON CHALLENGES AND POTENTIAL WORKSTREAMS FOR FUTURE CROSS-STAKEHOLDER COLLABORATION. THE LONDC IS FOCUSED ON PROJECTS TO DRIVE AWARENESS, IMPROVE EDUCATION, AND ADDRESS GAPS IN CARE. THE STAKEHOLDERS AND KEY OPINION LEADERS MET IN 2024 TO CONTINUE THE WORK OF THE LONDC.
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IRS990/ProgSrvcAccomActy3Grp/Desc0AWARDS: THE AMERICAN NEUROMUSCULAR FOUNDATION SUPPORTS ITS EDUCATION AND RESEARCH GOALS BY FUNDING SEVERAL AWARDS EACH YEAR. EACH AWARD GIVES PHYSICIANS/INVESTIGATORS THE OPPORTUNITY TO BE RECOGNIZED AMONG THEIR PEERS FOR THEIR WORK IN RESEARCH. THE AWARDS GIVEN INCLUDE THE GOLSETH YOUNG INVESTIGATOR AWARD WHICH IS PRESENTED TO ENCOURAGE YOUNG PHYSICIANS TO CONDUCT RESEARCH IN EDX MEDICINE; THE BEST ABSTRACT AWARD IS PRESENTED TO THE WRITER AND RUNNER-UP OF THE ABSTRACT JUDGED BY THE AANEM ABSTRACT REVIEW COMMITTEE AS THE BEST BASED ON SCIENTIFIC MERIT, WELL WRITTEN, EXCELLENT DISCUSSION, IMPORTANCE TO THE FIELD,AND/OR FASCINATING CASE; THE PRESIDENT'S RESEARCH INITIATIVE AWARD IS BASED ON ABSTRACTS PERTAINING TO AN AREA OF INTEREST OF THE PRESIDENT; THE RESIDENT/FELLOW MEMBER RECOGNITION AWARD IS GIVEN TO AANEM PHYSICIAN-IN-TRAINING MEMBERS WHO ARE THE FIRST AND PRESENTING AUTHOR ON AN APPROVED ABSTRACT TO ENCOURAGE YOUNG PHYSICIANS TO CONDUCT RESEARCH IN THE FIELDS OF NEUROMUSCULAR AND ELECTRODIAGNOSTIC MEDICINE; THE OLNEY LECTURESHIP AWARD IS GIVEN TO THE PERSON CHOSEN TO PRESENT THE TITLED PLENARY SESSION AT THE AANEM ANNUAL MEETING; THE TECHNOLOGIST RECOGNITION AWARD IS GIVEN TO AANEM TECHNOLOGIST MEMBERS TO ENCOURAGE THEM TO TAKE A LEADING ROLE IN CONDUCTING RESEARCH IN NEUROMUSCULAR AND EDX MEDICINE. THE LAMBERT AWARD FOR PRESENTATION WAS ALSO GIVEN. THE MEDICAL STUDENT AWARD IS ALSO GIVEN.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION, AANEM, IS A RELATED ORGANIZATION MANAGED BY THE SAME BOARD OF DIRECTORS AND SUPPORTED BY THE SAME STAFF, SO THE RECORDS ARE REVIEWED ON AN ON-GOING BASIS. SUPPORT PROVIDED IS REVIEWED TO ENSURE IT IS FOR THE CHARITABLE SCIENTIFIC, AND/OR EDUCATIONAL PURPOSES OF THE AANEM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SUPPORT PROVIDED IS REVIEWED TO ENSURE IT IS FOR THE CHARITABLE SCIENTIFIC, AND/OR EDUCATIONAL PURPOSES OF THE AANEM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
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