Civic Intelligence

Rome Foundation

EIN 54-1808958 • 501(c)3 • Raleigh, NC

Profile

To support and promote multinational research; develop and update diagnostic criteria; establish mechanisms for validation of evolving diagnostic criteria; and disseminate findings and recommendations in the diagnostics, care and treatment of gastrointestinal disorders.

14460 Falls of Neuse Rd Ste 149-116Raleigh, NC 27614

www.theromefoundation.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

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

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

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

Net Margin

47th percentile

3.1%

Higher net margin than 47% 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

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

55th percentile

9.8%

Faster revenue growth than 55% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$1,729,502

Up $124,220 (+7.7%) from 2023

Liabilities

Up

$74,199

Up $9,618 (+15%) from 2023

Net Assets

Up

$1,655,303

Up $114,602 (+7.4%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin47th percentile

Revenue

Up

$2,935,826

Up $262,341 (+9.8%) from 2023

Expenses

Down

$2,844,800

Down $161,327 (-5.4%) from 2023

Net Income

Up

$91,026

Up $423,668 (+127%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2011: $387,101Liabilities 2011: $99,957Net Assets 2011: $287,1442011Assets 2012: $1,318,817Liabilities 2012: $105,576Net Assets 2012: $1,213,2412012Assets 2013: $1,976,118Liabilities 2013: $149,905Net Assets 2013: $1,826,2132013Assets 2014: $1,871,860Liabilities 2014: $0Net Assets 2014: $1,871,8602014Assets 2015: $1,599,469Liabilities 2015: $78,723Net Assets 2015: $1,520,7462015Assets 2016: $1,230,743Liabilities 2016: $309,743Net Assets 2016: $921,0002016Assets 2017: $591,654Liabilities 2017: $190,332Net Assets 2017: $401,3222017Assets 2018: $91,291Liabilities 2018: $120,473Net Assets 2018: -$29,1822018Assets 2019: $230,305Liabilities 2019: $67,470Net Assets 2019: $162,8352019Assets 2020: $759,295Liabilities 2020: $232,776Net Assets 2020: $526,5192020Assets 2021: $1,908,541Liabilities 2021: $38,719Net Assets 2021: $1,869,8222021Assets 2022: $1,884,472Liabilities 2022: $56,065Net Assets 2022: $1,828,4072022Assets 2023: $1,605,282Liabilities 2023: $64,581Net Assets 2023: $1,540,7012023Assets 2024: $1,729,502Liabilities 2024: $74,199Net Assets 2024: $1,655,3032024

Highlighted filing

2024

Assets$1,729,502
Liabilities$74,199
Net Assets$1,655,303
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $728,826Expenses 2011: $832,737Net Income 2011: -$103,9112011Revenue 2012: $1,705,824Expenses 2012: $779,727Net Income 2012: $926,0972012Revenue 2013: $1,493,135Expenses 2013: $864,974Net Income 2013: $628,1612013Revenue 2014: $916,768Expenses 2014: $871,121Net Income 2014: $45,6472014Revenue 2015: $1,256,743Expenses 2015: $1,717,662Net Income 2015: -$460,9192015Revenue 2016: $1,252,395Expenses 2016: $1,852,141Net Income 2016: -$599,7462016Revenue 2017: $1,312,028Expenses 2017: $1,831,706Net Income 2017: -$519,6782017Revenue 2018: $1,328,187Expenses 2018: $1,758,691Net Income 2018: -$430,5042018Revenue 2019: $1,793,106Expenses 2019: $1,604,868Net Income 2019: $188,2382019Revenue 2020: $1,969,282Expenses 2020: $1,558,160Net Income 2020: $411,1222020Revenue 2021: $2,743,160Expenses 2021: $1,598,607Net Income 2021: $1,144,5532021Revenue 2022: $2,409,224Expenses 2022: $2,226,248Net Income 2022: $182,9762022Revenue 2023: $2,673,485Expenses 2023: $3,006,127Net Income 2023: -$332,6422023Revenue 2024: $2,935,826Expenses 2024: $2,844,800Net Income 2024: $91,0262024

Highlighted filing

2024

Revenue$2,935,826
Expenses$2,844,800
Net Income$91,026
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,729,502
Liabilities
$74,199
Net assets
$1,655,303
Revenue
$2,935,826
Expenses
$2,844,800
Net income
$91,026
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.73$0.07$1.66$2.94$2.84$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.06$1.54$2.67$3.01$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.06$1.83$2.41$2.23$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.91$0.04$1.87$2.74$1.60$1.14
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.23$0.53$1.97$1.56$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$1.79$1.60$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.12$0.03$1.33$1.76$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.19$0.40$1.31$1.83$0.52
2016Summary only. Only limited summary data is available for this year.$1.23$0.31$0.92$1.25$1.85$0.60
2015Summary only. Only limited summary data is available for this year.$1.60$0.08$1.52$1.26$1.72$0.46
2014Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$0.92$0.87$0.05
2013Summary only. Only limited summary data is available for this year.$1.98$0.15$1.83$1.49$0.86$0.63
2012Summary only. Only limited summary data is available for this year.$1.32$0.11$1.21$1.71$0.78$0.93
2011Summary only. Only limited summary data is available for this year.$0.39$0.10$0.29$0.73$0.83$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$2,935,826
Mission and Program Overview

Mission

To support and promote multinational research; develop and update diagnostic criteria; establish mechanisms for validation of evolving diagnostic criteria; and disseminate findings and recommendations in the diagnostics, care and treatment of gastrointestinal disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,026,322$1,063,253▲ $36,931
Investments in Publicly Traded Securities$299,462$290,900▼ $8,562
Accounts Receivable$101,909$239,177▲ $137,268
Savings and Temporary Cash Investments$177,589$136,172▼ $41,417
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,605,282$1,729,502▲ $124,220
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$64,581$74,199▲ $9,618
Total Liabilities$64,581$74,199▲ $9,618
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,358,950$1,403,006▲ $44,056
Net Assets With Donor Restrictions$181,751$252,297▲ $70,546
Total Net Assets Fund Balance$1,540,701$1,655,303▲ $114,602
Total Liabilities and Net Assets / Fund Balance$1,605,282$1,729,502▲ $124,220
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Douglas A DrossmanCEOFT$116,000$116,000
Tanya MurphyExecutive DirectorFT$100,000$100,000
Jan TackPresidentPT$32,000$32,000
Ami SperberDirectorPT$16,830$16,830
Lin ChangDirectorPT$7,500$7,500
Laurie KeeferDirectorPT$7,000$7,000
Brian LacyDirectorPT$4,500$4,500
Madusudan GroverDirectorPT$4,500$4,500
Samuel NurkoDirectorPT$4,500$4,500
William CheyDirectorPT$4,000$4,000
Magnus SimrenDirectorPT$4,000$4,000
Max SchmulsonDirectorPT$3,500$3,500
Maura CorsettiDirectorPT$3,500$3,500
Xiucai FangDirectorPT$3,500$3,500
Giovanni BarbaraDirectorPT$3,000$3,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,066,994
Program Service Revenue
$1,715,485
Investment Income
$19,374
Other Revenue
$133,973
All Other Contributions
$1,066,994
Change in Net Assets
$91,026

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,935,826
Revenue Not Reported on Form 990
$23,576
Total Revenue per Audited Statements
$2,959,402
Total Revenue per Form 990
$2,935,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,206,188
Total Fundraising Expense$962,322
Salaries, Compensation, and Employee Benefits$638,612
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$531,791-$510,936$1,042,727
Fees for Services Other$46,552$240,520$100,863$387,935
Other Salaries and Wages$22,351$183,507$118,425$324,283
Current Officers, Directors, Trustees, and Key Employees$143,688$116,641$54,000$314,329
Travel$82,617$48,493$48,493$179,603
Advertising$83,238-$83,238$166,476
Other Expenses$27,500$56,300$27,500$55,000
All Other Expenses$13,757-$13,218$26,975
Office Expenses$5,649$15,602$5,649$26,900
Total Functional Expenses$1,120,878$761,600$962,322$2,844,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,844,800
Total Expenses per Audited Statements$2,844,800
Total Expenses per Form 990$2,844,800
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Douglas A DrossmanBoard OfficerRoyaltiesYes$12,998
William WhiteheadFrmr Brd MemberRoyaltiesYes$6,678
Lin ChangBoard MemberRoyaltiesYes$4,613
William CheyBoard MemberRoyaltiesYes$4,613
Donald PatrickFrmr Brd MemberRoyaltiesYes$2,001
Samuel NurkoBoard MemberRoyaltiesYes$102

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
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
Yes
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, Section B, Line 11B

“The President, Executive Director and Finance Director review the 990 before it is filed.”

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

“Conflict of interest policy is reviewed once per year with new directors”

Form 990, Part VI, Section B, Line 15A

“Compensation for top official approved by board”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Rome Foundation
EIN
54-1808958
Phone
7042877808
Address
14460 Falls of Neuse Rd Ste 149-116, Raleigh, NC 27614

Signing Officer

Name
Laurie Keefer
Title
CEO
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas A Drossman
Formed
1996
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
7
Employees
0

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Robert Dobbins
Phone
7043721515
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