Civic Intelligence

The Orthoforum Inc

EIN 46-1847645 • 501(c)6 • Knoxville, TN

Profile

The orthoforum has been established to maintain a production and financial benchmarking database, to share best practices for management and operations and to identify trends impacting orthopaedic group practices.

123 Center Park Drive Ste 121Knoxville, TN 37922

www.theorthoforum.com

Siviq Scores

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

Liabilities / Assets

24th percentile

0.06x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.08x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

63rd percentile

8.8%

Higher net margin than 63% of similar nonprofits.

501(c)6 • $5M-$10M 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

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

8.6%

Faster revenue growth than 58% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,815,146

Up $827,121 (+17%) from 2023

Liabilities

Up

$370,000

Up $370,000 from 2023

Net Assets

Up

$5,445,146

Up $457,121 (+9.2%) from 2023

Revenue

Up

$4,510,128

Up $356,550 (+8.6%) from 2023

Expenses

Up

$4,112,760

Up $311,155 (+8.2%) from 2023

Net Income

Up

$397,368

Up $45,395 (+13%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $211,007Liabilities 2013: $0Net Assets 2013: $211,0072013Assets 2014: $616,451Liabilities 2014: $0Net Assets 2014: $616,4512014Assets 2015: $1,627,243Liabilities 2015: $1,311Net Assets 2015: $1,625,9322015Assets 2016: $2,509,125Liabilities 2016: $742Net Assets 2016: $2,508,3832016Assets 2017: $3,320,517Liabilities 2017: $16,903Net Assets 2017: $3,303,6142017Assets 2018: $3,746,139Liabilities 2018: $18,039Net Assets 2018: $3,728,1002018Assets 2019: $4,583,324Liabilities 2019: $487,161Net Assets 2019: $4,096,1632019Assets 2020: $4,541,580Liabilities 2020: $580,939Net Assets 2020: $3,960,6412020Assets 2021: $4,428,981Liabilities 2021: $70,000Net Assets 2021: $4,358,9812021Assets 2022: $4,637,644Liabilities 2022: $135,500Net Assets 2022: $4,502,1442022Assets 2023: $4,988,025Liabilities 2023: $0Net Assets 2023: $4,988,0252023Assets 2024: $5,815,146Liabilities 2024: $370,000Net Assets 2024: $5,445,1462024

Highlighted filing

2024

Assets$5,815,146
Liabilities$370,000
Net Assets$5,445,146

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $428,000Expenses 2013: $216,993Net Income 2013: $211,0072013Revenue 2014: $954,363Expenses 2014: $548,919Net Income 2014: $405,4442014Revenue 2015: $2,399,516Expenses 2015: $1,390,035Net Income 2015: $1,009,4812015Revenue 2016: $2,607,488Expenses 2016: $1,725,037Net Income 2016: $882,4512016Revenue 2017: $2,719,145Expenses 2017: $1,923,914Net Income 2017: $795,2312017Revenue 2018: $2,903,434Expenses 2018: $2,441,698Net Income 2018: $461,7362018Revenue 2019: $2,767,682Expenses 2019: $2,452,593Net Income 2019: $315,0892019Revenue 2020: $2,333,230Expenses 2020: $2,457,670Net Income 2020: -$124,4402020Revenue 2021: $3,492,484Expenses 2021: $2,953,862Net Income 2021: $538,6222021Revenue 2022: $3,612,497Expenses 2022: $3,167,515Net Income 2022: $444,9822022Revenue 2023: $4,153,578Expenses 2023: $3,801,605Net Income 2023: $351,9732023Revenue 2024: $4,510,128Expenses 2024: $4,112,760Net Income 2024: $397,3682024

Highlighted filing

2024

Revenue$4,510,128
Expenses$4,112,760
Net Income$397,368

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.37$5.45$4.51$4.11$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.99$0.00$4.99$4.15$3.80$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$0.14$4.50$3.61$3.17$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$0.07$4.36$3.49$2.95$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$0.58$3.96$2.33$2.46$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.49$4.10$2.77$2.45$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.02$3.73$2.90$2.44$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.02$3.30$2.72$1.92$0.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.00$2.51$2.61$1.73$0.88
2015Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$2.40$1.39$1.01
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.95$0.55$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.43$0.22$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$4,510,128
Mission and Program Overview

Mission

The orthoforum has been established to maintain a production and financial benchmarking database, to share best practices for management and operations and to identify trends impacting orthopaedic group practices.

Explore group purchasing alternatives and opportunities, in compliance with group purchasing regulatory guidelines, to potentially utilize the purchasing power of the large number of member orthopaedists and reduce the costs to patients and payers of medical supplies, equipment and services. Political action initiative to develop data and research to support positions importnant to the viability of independent orthopaedic practices to preserve independent practice and the lower cost care delivery model this offers to patients. Outcomes and quality research to enable member groups to better meet the demands of value based payment and care delivery reform.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$1,935,143$2,220,364▲ $285,221
Investments in Publicly Traded Securities$1,776,623$1,814,710▲ $38,087
Savings and Temporary Cash Investments$244,364$811,771▲ $567,407
Investments Other Securities$422,005$492,652▲ $70,647
Cash and Non-Interest-Bearing Accounts$421,980$472,429▲ $50,449
Accounts Receivable$184,172--
Prepaid Expenses and Deferred Charges$1,030$512▼ $518
Total Assets$4,988,025$5,815,146▲ $827,121
Other Assets Total$2,708$2,708→ $0
Liabilities
Other Liabilities-$370,000-
Total Liabilities$0$370,000▲ $370,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,988,025$5,445,146▲ $457,121
Total Net Assets Fund Balance$4,988,025$5,445,146▲ $457,121
Total Liabilities and Net Assets / Fund Balance$4,988,025$5,815,146▲ $827,121

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$492,652--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Heath KirschnerDirector$260,000$84,619$344,619
Glenn D SumnerFormer Presi$212,000$125,597$337,597
Karen SimontonCEO$210,000$100,313$284,292
Dave StriddeCOO$160,000$34,714$252,735
Glenn D SumnerFormer President$212,000$42,897$212,897
Joseph HopperDirector of$151,346$6,738$158,084
Joseph HopperDirector of Mrktng$141,346$6,738$158,084
Rusty YoungkinServices Man$134,262$13,167$147,429
Stacey HollandOperations D$119,262$4,770$124,032
Becky FarmerDirector$5,625-$5,625
Charles Bush-joseph MdDirector$5,625-$5,625
Will Kurtz MdDirector$5,625-$5,625
Trey WilliamsonDirector$5,000-$5,000
Arthur ValadieDirector$2,500-$2,500
Benjamin R ShahDirector$2,500-$2,500
David J UbaDirector$2,500-$2,500
Frank V AluisioDirector$2,500-$2,500
Giridhar BurraDirector$2,500-$2,500
Joann ReisDirector$2,500-$2,500
Ken BrockmanDirector$2,500-$2,500
Kevin JoyceDirector$2,500-$2,500
Lisa MeadDirector$2,500-$2,500
Nick Grosso MdDirector$2,500-$2,500
Ray Nickel MdDirector$2,500-$2,500

Board Members and Trustees

NameTitle
Michael J MccaslinChairman
Karen SimontonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Phdata INCTech ServicesPO BOX 15051, Minneapolis, MN 55415$547,435
Todd Strategy LLCLegal1225 NEW YORK AVE NW 800, Washington, DC 20005$240,000
CbizData Benchmark3925 RIVER CROSSING PARKWAY, Indianapolis, IN 46240$180,000
Cuneo Gilbert & Laduca LLPLegal2445 M STREET NW SUITE 740, Washington, DC 20037$138,268
Revenue and Support

Revenue Composition

Contributions and Grants
$1,374,192
Program Service Revenue
$2,504,500
Investment Income
$126,507
Other Revenue
$504,929
Change in Net Assets
$397,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,088,904
Other Expenses$2,023,856
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,233,325
Other Salaries and Wages---$1,160,765
Current Officers, Directors, Trustees, and Key Employees---$741,396
Fees for Services Legal---$502,940
Information Technology---$322,000
Fees for Services Other---$267,175
Depreciation Depletion---$246,707
Travel---$135,234
Insurance---$131,734
Payroll Taxes---$125,669
Pension Plan Contributions---$61,074
Office Expenses---$37,912
Occupancy---$24,323
Fees for Service Investment Mgmnt Fees---$11,278
Advertising---$8,750
Other Expenses---$1,466
All Other Expenses---$-922,841
Total Functional Expenses$0$0$0$4,112,760
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advance Member Contributions$370,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No

Governance Explanations

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

The governing body is provided a copy of the form 990 for review before filing. They review the accuracy and presentation of information contained in return.

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

Annually board members are asked to review the organization conflict of interest policy and disclose any potential conflicts.

Form 990, Page 6, Part VI, Line 19

The governing documents, policies, and financials are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Orthoforum Inc
EIN
46-1847645
Phone
8653925242
Address
123 CENTER PARK DRIVE STE 121, KNOXVILLE, TN 37922

Signing Officer

Name
Dave Stridde
Title
COO
Phone
8778295500
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Stridde
Formed
2012
Legal Domicile
De
Voting Board Members
17
Independent Board Members
17
Employees
13

Preparer

Firm
Novinger Ball & Zivi Pc
Address
6322 DEANE HILL DR, KNOXVILLE, TN 37919-5120
Preparer
Shannon Taylor CPA
Phone
8655841184
Supplemental Narrative

Additional Explanations

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

Amortization for benchmarking system

Raw XML AppendixShowing 400 of 557 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
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IRS990/ActivityOrMissionDesc0EXPLORE GROUP PURCHASING ALTERNATIVES AND OPPORTUNITIES, IN COMPLIANCE WITH GROUP PURCHASING REGULATORY GUIDELINES, TO POTENTIALLY UTILIZE THE PURCHASING POWER OF THE LARGE NUMBER OF MEMBER ORTHOPAEDISTS AND REDUCE THE COSTS TO PATIENTS AND PAYERS OF MEDICAL SUPPLIES, EQUIPMENT AND SERVICES. POLITICAL ACTION INITIATIVE TO DEVELOP DATA AND RESEARCH TO SUPPORT POSITIONS IMPORTNANT TO THE VIABILITY OF INDEPENDENT ORTHOPAEDIC PRACTICES TO PRESERVE INDEPENDENT PRACTICE AND THE LOWER COST CARE DELIVERY MODEL THIS OFFERS TO PATIENTS. OUTCOMES AND QUALITY RESEARCH TO ENABLE MEMBER GROUPS TO BETTER MEET THE DEMANDS OF VALUE BASED PAYMENT AND CARE DELIVERY REFORM.
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