Civic Intelligence

Osteoarthritis Research Society

EIN 52-1867506 • 501(c)3 • Mount Laurel, NJ

Profile

Oarsi is the foremost international organization focused on the prevention and treatment of osteoarthritis through the promotion and presentation of research, education and the world-wide dissemination of new knowledge.

1120 ROUTE 73 Suite 200Mount Laurel, NJ 08054

www.oarsi.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.26x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.49x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

26th percentile

-7.1%

Higher net margin than 26% 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

47th percentile

3.0%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

20%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,465,099

Up $101,278 (+3.0%) from 2023

Liabilities

Down

$911,916

Down $24,548 (-2.6%) from 2023

Net Assets

Up

$2,553,183

Up $125,826 (+5.2%) from 2023

Revenue

Up

$1,855,604

Up $307,957 (+20%) from 2023

Expenses

Up

$1,986,716

Up $447,034 (+29%) from 2023

Net Income

Down

-$131,112

Down $139,077 (-1746%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,603,776Liabilities 2011: $268,616Net Assets 2011: $1,335,1602011Assets 2012: $1,801,466Liabilities 2012: $68,115Net Assets 2012: $1,733,3512012Assets 2013: $1,711,435Liabilities 2013: $89,510Net Assets 2013: $1,621,9252013Assets 2014: $1,329,508Liabilities 2014: $65,296Net Assets 2014: $1,264,2122014Assets 2015: $1,338,703Liabilities 2015: $139,100Net Assets 2015: $1,199,6032015Assets 2016: $1,805,959Liabilities 2016: $690,789Net Assets 2016: $1,115,1702016Assets 2017: $2,124,821Liabilities 2017: $839,583Net Assets 2017: $1,285,2382017Assets 2018: $2,226,257Liabilities 2018: $746,889Net Assets 2018: $1,479,3682018Assets 2019: $2,784,371Liabilities 2019: $587,844Net Assets 2019: $2,196,5272019Assets 2020: $3,046,425Liabilities 2020: $414,435Net Assets 2020: $2,631,9902020Assets 2021: $3,489,953Liabilities 2021: $407,631Net Assets 2021: $3,082,3222021Assets 2022: $2,480,203Liabilities 2022: $311,261Net Assets 2022: $2,168,9422022Assets 2023: $3,363,821Liabilities 2023: $936,464Net Assets 2023: $2,427,3572023Assets 2024: $3,465,099Liabilities 2024: $911,916Net Assets 2024: $2,553,1832024

Highlighted filing

2024

Assets$3,465,099
Liabilities$911,916
Net Assets$2,553,183

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,340,535Expenses 2011: $1,153,560Net Income 2011: $186,9752011Revenue 2012: $1,922,104Expenses 2012: $1,517,540Net Income 2012: $404,5642012Revenue 2013: $1,100,392Expenses 2013: $1,222,027Net Income 2013: -$121,6352013Revenue 2014: $1,284,771Expenses 2014: $1,636,918Net Income 2014: -$352,1472014Revenue 2015: $1,107,213Expenses 2015: $1,135,179Net Income 2015: -$27,9662015Revenue 2016: $1,318,319Expenses 2016: $1,427,737Net Income 2016: -$109,4182016Revenue 2017: $1,424,139Expenses 2017: $1,300,030Net Income 2017: $124,1092017Revenue 2018: $1,874,661Expenses 2018: $1,522,272Net Income 2018: $352,3892018Revenue 2019: $1,896,184Expenses 2019: $1,405,009Net Income 2019: $491,1752019Revenue 2020: $1,193,828Expenses 2020: $920,907Net Income 2020: $272,9212020Revenue 2021: $1,360,063Expenses 2021: $1,178,586Net Income 2021: $181,4772021Revenue 2022: $1,686,983Expenses 2022: $2,103,851Net Income 2022: -$416,8682022Revenue 2023: $1,547,647Expenses 2023: $1,539,682Net Income 2023: $7,9652023Revenue 2024: $1,855,604Expenses 2024: $1,986,716Net Income 2024: -$131,1122024

Highlighted filing

2024

Revenue$1,855,604
Expenses$1,986,716
Net Income-$131,112

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.47$0.91$2.55$1.86$1.99$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.36$0.94$2.43$1.55$1.54$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.48$0.31$2.17$1.69$2.10$0.42
2021Detailed filing. Detailed filing data is available for this year.$3.49$0.41$3.08$1.36$1.18$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.05$0.41$2.63$1.19$0.92$0.27
2019Detailed filing. Detailed filing data is available for this year.$2.78$0.59$2.20$1.90$1.41$0.49
2018Detailed filing. Detailed filing data is available for this year.$2.23$0.75$1.48$1.87$1.52$0.35
2017Detailed filing. Detailed filing data is available for this year.$2.12$0.84$1.29$1.42$1.30$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.69$1.12$1.32$1.43$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.14$1.20$1.11$1.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.07$1.26$1.28$1.64$0.35
2013Detailed filing. Detailed filing data is available for this year.$1.71$0.09$1.62$1.10$1.22$0.12
2012Summary only. Only limited summary data is available for this year.$1.80$0.07$1.73$1.92$1.52$0.40
2011Summary only. Only limited summary data is available for this year.$1.60$0.27$1.34$1.34$1.15$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,855,604
Mission and Program Overview

Mission

Oarsi is the foremost international organization focused on the prevention and treatment of osteoarthritis through the promotion and presentation of research, education and the world-wide dissemination of new knowledge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,884,853$2,956,441▲ $71,588
Cash and Non-Interest-Bearing Accounts$210,701$217,205▲ $6,504
Savings and Temporary Cash Investments$37,271$125,273▲ $88,002
Accounts Receivable$42,920$84,054▲ $41,134
Prepaid Expenses and Deferred Charges$94,028$36,650▼ $57,378
Pledges and Grants Receivable$60,000$30,000▼ $30,000
Land, Buildings, and Equipment, Net$34,048$15,476▼ $18,572
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,363,821$3,465,099▲ $101,278
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$921,820$890,232▼ $31,588
Accounts Payable and Accrued Expenses$14,644$21,684▲ $7,040
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$936,464$911,916▼ $24,548
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,263,120$2,396,444▲ $133,324
Net Assets With Donor Restrictions$164,237$156,739▼ $7,498
Total Net Assets Fund Balance$2,427,357$2,553,183▲ $125,826
Total Liabilities and Net Assets / Fund Balance$3,363,821$3,465,099▲ $101,278

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,476$40,239$55,715
Equipment$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ali Mobasheri DPHILPast President (Til 4/24)
Amanda NelsonDirector
Cristina Ruiz RomeroDirector
Elena LosinaDirector
Martin Van Der EschDirector
Rik LoriesDirector
Chunyi WenDirector (Eff 4/24)
Don AndersonDirector (Eff 4/24)
Eiji SasakiDirector (Eff 4/24)
Jeremie SeliamDIRECTOR (Eff 4/24)
Thomas LinkDirector (Eff 4/24)
Flavia CicuttiniDirector (Til 4/24)
Siddharth DasDirector (Til 4/24)
Magali CucchiariniDir, Secretary (Eff 4/24)
Mohit KapoorDir, Treasurer (Eff 4/24)
Brooke PattersonEarly Career Inv CHR(Eff 4/24)
Matt HarkeyEarly Career Inv CHR(Eff 4/24)
Armaghan MahmoudianEarly Career Inv CHR(Til 4/24)
Jesse CharltonEarly Career Inv CHR(Til 4/24)
Martin Englund MD PHDPres Elect, Pres (Eff 4/24)
Gun IL IM MD PHDPres, Past Pres (Eff 4/24)
Ida K HaugenSecretary (Til 4/24)
Nancy LaneTreas, Pres Elect (Eff 4/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Headquarters IncMgmt. Services1120 Route 73 Suite 200, Mt Laurel, NJ 08054, Au$523,605
GMS Gourmet GmbHAM. Food & Bev. costMESSEPLATZ 1, Wein, 0, Au$189,349
RX Wien GMBH formerly Reed Meese WAM. Rented space11 GEWERBEGEBIET STETTEN, Niederosterreich, 0, Au$149,058
STEINER Mediensysteme GmbHAudio Visual at AM.-$102,149
Revenue and Support

Revenue Composition

Contributions and Grants
$106,428
Program Service Revenue
$1,290,638
Investment Income
$124,367
Other Revenue
$334,171
All Other Contributions
$106,428
Change in Net Assets
$-131,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,833,890
Revenue Not Reported on Financial Statements
$21,714
Revenue Not Reported on Form 990
$256,938
Total Revenue per Audited Statements
$2,090,828
Total Revenue per Form 990
$1,855,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,932,238
Grants and Similar Amounts Paid$54,478
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$693,987--$693,987
Fees for Services Management$218,779$256,827-$475,606
Fees for Services Other$55,357$26,175-$81,532
Office Expenses$58,364$17,335-$75,699
Information Technology-$65,332-$65,332
Travel$49,119$3,676-$52,795
Foreign Grants$43,669--$43,669
Fees for Service Investment Mgmnt Fees-$21,714-$21,714
Insurance$6,848$7,365-$14,213
All Other Expenses$7,114$3,942-$11,056
Grants to Domestic Individuals$10,809--$10,809
Fees for Services Accounting-$10,200-$10,200
Other Expenses$6,289$3,484-$9,773
Fees for Services Legal-$2,230-$2,230
Total Functional Expenses$1,453,093$533,623$0$1,986,716

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,986,716
Expenses per Audited Statements$1,965,002
Total Expenses per Audited Statements$1,965,002
Expenses Not Reported on Financial Statements$21,714
International Activity

International Summary

Offices
0
Employees
0
Spending
$669,787

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
Europe (Including Iceland and Greenland)Program Services-00$626,118
East Asia and the PacificGrantmaking-00$23,516
Europe (Including Iceland and Greenland)GrantmakingAnnual World Congress00$20,153
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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:

Delegation of management duties to management company oarsi receives various management services including those related to general administration, certification, meetings and financial services from association headquarters, inc.

FORM 990, PART VI, SECTION A, LINE 6:

Members oarsi has three types of voting members that have the same voting rights. They are (1) regular (2) associate and (3) student.

FORM 990, PART VI, SECTION A, LINE 7A:

Election of members of governing body each type of voting member in good standing shall be entitled to one vote on each matter submitted to a vote of the members.

FORM 990, PART VI, SECTION B, LINE 11B:

Governing body review of form 990 executive committee reviews 990 prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

Monitoring and enforcement of conflict of interest policy annual written disclosure and verbal disclosure at board meetings. Ethics committee reviews disclosures.

FORM 990, PART VI, SECTION C, LINE 19:

Public availability of other documents: documents available upon request.

Filing and Contact Details

Filer

Filer Name
Osteoarthritis Research Society International
EIN
52-1867506
In Care Of
% MOHIT KAPOOR
Phone
8566424201
Address
1120 ROUTE 73 Suite 200, MOUNT LAUREL, NJ 08054

Signing Officer

Name
Elizabeth Grotos
Title
Executive Director
Phone
8566424201
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Grotos
Formed
1994
Legal Domicile
Md
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
140

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Adam Watson
Phone
2155462140
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Gaap requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. Gaap prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. The society believes that it had no uncertain tax positions as defined in gaap.

Raw XML AppendixShowing 400 of 752 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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