Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 56-2629825 • 501(c)3 • Roseville, MN
Profile
North american fetal therapy network, inc. ("naftnet") has been organized to facilitate the research of therapy for fetuses. The members and affiliates of naftnet will be hospitals and other organizations with fetal treatment in north america having active clinical programs centers in fetal therapy. The primary functions of naftnet are to provide a cooperative clinical research network to study the natural history of fetal disease; evaluate therapeutic prenatal interventions to improve outcomes and to make data on fetal therapies from the members and affiliates available to researchers approved by naftnet. In addition naftnet will function as an educational resource for patients and and healthcare providers and train future leaders in and basic science research in the field of fetal intervention.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
35th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
37th percentile
Faster revenue growth than 37% of similar nonprofits.
Assets
Down$571,169
Down $12,003 (-2.1%) from 2023
Liabilities
Down$0
Down $12,246 (-100%) from 2023
Net Assets
Up$571,169
Up $243 (+0.0%) from 2023
Revenue
Down$192,624
Down $1,481 (-0.8%) from 2023
Expenses
Up$201,074
Up $43,998 (+28%) from 2023
Net Income
Down-$8,450
Down $45,479 (-123%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
North american fetal therapy network, inc. ("naftnet") has been organized to facilitate the research of therapy for fetuses. The members and affiliates of naftnet will be hospitals and other organizations with fetal treatment in north america having active clinical programs centers in fetal therapy. The primary functions of naftnet are to provide a cooperative clinical research network to study the natural history of fetal disease; evaluate therapeutic prenatal interventions to improve outcomes and to make data on fetal therapies from the members and affiliates available to researchers approved by naftnet. In addition naftnet will function as an educational resource for patients and and healthcare providers and train future leaders in and basic science research in the field of fetal intervention.
North american fetal therapy network, inc. ("naftnet") has been organized to facilitate the research of therapy for fetuses. The members and affiliates of naftnet are hospitals and other organizations with fetal treatment in north america having active clinical programs centers in fetal therapy. The primary functions of naftnet are to provide a cooperative clinical research network to study the natural history of fetal disease; evaluate therapeutic prenatal interventions to improve outcomes and to make data on fetal therapies from the members and affiliates available to researchers approved by naftnet. In addition, naftnet will function as an educational resource for patients and for healthcare providers and train future leaders in basic science research in the field of fetal intervention.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $320,789 | $341,706 | ▲ $20,917 |
| Cash and Non-Interest-Bearing Accounts | $254,378 | $229,463 | ▼ $24,915 |
| Savings and Temporary Cash Investments | $5,005 | - | - |
| Accounts Receivable | $3,000 | - | - |
| Total Assets | $583,172 | $571,169 | ▼ $12,003 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $9,246 | - | - |
| Deferred Revenue | $3,000 | - | - |
| Total Liabilities | $12,246 | $0 | ▼ $12,246 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $570,926 | $571,169 | ▲ $243 |
| Total Net Assets Fund Balance | $570,926 | $571,169 | ▲ $243 |
| Total Liabilities and Net Assets / Fund Balance | $583,172 | $571,169 | ▼ $12,003 |
| Name | Title |
|---|---|
| Erin Perrone | Chair |
| Jena Miller | Vice Chair |
| Monae Redmond | Executive Di |
| Ramesha Papanna | Immediate Pa |
| Anita Moon-grady | Member |
| Barbara Warner | Member |
| Russell Miller | Member |
| Michael Zaretsky | Secretary |
| Alireza Shamshirsaz | Steering CMI |
| Anthony Johnson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $141,074 |
| Grants and Similar Amounts Paid | $60,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Conferences and Meetings | $63,386 | - | - | $63,386 |
| Grants to Domestic Orgs | $60,000 | - | - | $60,000 |
| Fees for Services Management | - | $50,000 | - | $50,000 |
| Fees for Services Accounting | - | $5,786 | - | $5,786 |
| Fees for Service Investment Mgmnt Fees | - | $4,563 | - | $4,563 |
| Information Technology | $2,870 | $1,230 | - | $4,100 |
| Fees for Services Other | - | $2,182 | - | $2,182 |
| Travel | $111 | $1,895 | - | $2,006 |
| Insurance | - | $827 | - | $827 |
| Other Expenses | $786 | $2,015 | - | $786 |
| Office Expenses | $164 | $308 | - | $472 |
| Total Functional Expenses | $127,317 | $73,757 | $0 | $201,074 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| University of Texas | Houston, TX | - | Bill Polzin Research | $50,000 |
| Johns Hopkins Center for Fetal | Baltimore, MD | - | Raft Registry | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The steering committe elects the board of directors (executive committee members)”
“Michael zaretsky 13123 e 16th avenue aurora, co 80045 alireza shamshirsaz 300 longwood ave boston, ma 02115 anita moon-grady 1855 folsom street san francisco, ca 94143 barbara warner 4901 forest park ave st. Louis, mo 63111 russell miller 615 west 131st street new york, ny 10027 ramesha papanna 6410 fannin houston, tx 77030 erin perrone 1540 east hospital drive ann arbor, mi 48109 jena miller po box 33499 baltimore, md 21218 anthony johnson 6410 fannin, suite 210 houston, tx 77030”
“Submitted to trustee who reviewed the information”
“All members must review and sign the policy annually.”
“No documents available to the public”
“North american fetal therapy network, inc. ("naftnet") has been organized to facilitate the research of therapy for fetuses. The members and affiliates of naftnet are hospitals and other organizations with fetal treatment in north america having active clinical programs centers in fetal therapy. The primary functions of naftnet are to provide a cooperative clinical research network to study the natural history of fetal disease; evaluate therapeutic prenatal interventions to improve outcomes and to make data on fetal therapies from the members and affiliates available to researchers approved by naftnet. In addition, naftnet will function as an educational resource for patients and for healthcare providers and train future leaders in basic science research in the field of fetal intervention.”
“The north american fetal therapy network (naftnet) advanced its mission to facilitate research and collaboration in fetal therapy through multi-center studies, education, and data sharing initiatives. In 2024, naftnet supported over 50 member fetal centers across north america, providing a platform for collaboration among physicians, nurses, and researchers specializing in fetal diagnosis and treatment. Key accomplishments included: collaborative research: continued management of multi-center registries and clinical studies focused on improving outcomes for fetuses and mothers undergoing prenatal interventions. Education and knowledge sharing: hosted the 2024 naftnet fall meeting in chicago, il, and multiple educational webinars through the naftnet webinar series, reaching more than 600 clinicians, researchers, and trainees worldwide. Data and quality initiatives: advanced the development of the naftnet database to collect procedure and outcomes data from participating centers to support evidence-based standards of care. Community engagement: expanded partnerships with allied professional societies and encouraged participation from emerging fetal therapy programs to strengthen the field and improve patient outcomes. Through these activities, naftnet continues to advance research, collaboration, and education in the field of fetal therapy improving care for families affected by complex fetal conditions.”
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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| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NORTH AMERICAN FETAL THERAPY NETWORK, INC. ("NAFTNET") HAS BEEN ORGANIZED TO FACILITATE THE RESEARCH OF THERAPY FOR FETUSES. THE MEMBERS AND AFFILIATES OF NAFTNET ARE HOSPITALS AND OTHER ORGANIZATIONS WITH FETAL TREATMENT IN NORTH AMERICA HAVING ACTIVE CLINICAL PROGRAMS CENTERS IN FETAL THERAPY. THE PRIMARY FUNCTIONS OF NAFTNET ARE TO PROVIDE A COOPERATIVE CLINICAL RESEARCH NETWORK TO STUDY THE NATURAL HISTORY OF FETAL DISEASE; EVALUATE THERAPEUTIC PRENATAL INTERVENTIONS TO IMPROVE OUTCOMES AND TO MAKE DATA ON FETAL THERAPIES FROM THE MEMBERS AND AFFILIATES AVAILABLE TO RESEARCHERS APPROVED BY NAFTNET. IN ADDITION, NAFTNET WILL FUNCTION AS AN EDUCATIONAL RESOURCE FOR PATIENTS AND FOR HEALTHCARE PROVIDERS AND TRAIN FUTURE LEADERS IN BASIC SCIENCE RESEARCH IN THE FIELD OF FETAL INTERVENTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE NORTH AMERICAN FETAL THERAPY NETWORK (NAFTNET) ADVANCED ITS MISSION TO FACILITATE RESEARCH AND COLLABORATION IN FETAL THERAPY THROUGH MULTI-CENTER STUDIES, EDUCATION, AND DATA SHARING INITIATIVES. IN 2024, NAFTNET SUPPORTED OVER 50 MEMBER FETAL CENTERS ACROSS NORTH AMERICA, PROVIDING A PLATFORM FOR COLLABORATION AMONG PHYSICIANS, NURSES, AND RESEARCHERS SPECIALIZING IN FETAL DIAGNOSIS AND TREATMENT. KEY ACCOMPLISHMENTS INCLUDED: COLLABORATIVE RESEARCH: CONTINUED MANAGEMENT OF MULTI-CENTER REGISTRIES AND CLINICAL STUDIES FOCUSED ON IMPROVING OUTCOMES FOR FETUSES AND MOTHERS UNDERGOING PRENATAL INTERVENTIONS. EDUCATION AND KNOWLEDGE SHARING: HOSTED THE 2024 NAFTNET FALL MEETING IN CHICAGO, IL, AND MULTIPLE EDUCATIONAL WEBINARS THROUGH THE NAFTNET WEBINAR SERIES, REACHING MORE THAN 600 CLINICIANS, RESEARCHERS, AND TRAINEES WORLDWIDE. DATA AND QUALITY INITIATIVES: ADVANCED THE DEVELOPMENT OF THE NAFTNET DATABASE TO COLLECT PROCEDURE AND OUTCOMES DATA FROM PARTICIPATING CENTERS TO SUPPORT EVIDENCE-BASED STANDARDS OF CARE. COMMUNITY ENGAGEMENT: EXPANDED PARTNERSHIPS WITH ALLIED PROFESSIONAL SOCIETIES AND ENCOURAGED PARTICIPATION FROM EMERGING FETAL THERAPY PROGRAMS TO STRENGTHEN THE FIELD AND IMPROVE PATIENT OUTCOMES. THROUGH THESE ACTIVITIES, NAFTNET CONTINUES TO ADVANCE RESEARCH, COLLABORATION, AND EDUCATION IN THE FIELD OF FETAL THERAPY IMPROVING CARE FOR FAMILIES AFFECTED BY COMPLEX FETAL CONDITIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE STEERING COMMITTE ELECTS THE BOARD OF DIRECTORS (EXECUTIVE COMMITTEE MEMBERS) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MICHAEL ZARETSKY 13123 E 16TH AVENUE AURORA, CO 80045 ALIREZA SHAMSHIRSAZ 300 LONGWOOD AVE BOSTON, MA 02115 ANITA MOON-GRADY 1855 FOLSOM STREET SAN FRANCISCO, CA 94143 BARBARA WARNER 4901 FOREST PARK AVE ST. LOUIS, MO 63111 RUSSELL MILLER 615 WEST 131ST STREET NEW YORK, NY 10027 RAMESHA PAPANNA 6410 FANNIN HOUSTON, TX 77030 ERIN PERRONE 1540 EAST HOSPITAL DRIVE ANN ARBOR, MI 48109 JENA MILLER PO BOX 33499 BALTIMORE, MD 21218 ANTHONY JOHNSON 6410 FANNIN, SUITE 210 HOUSTON, TX 77030 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SUBMITTED TO TRUSTEE WHO REVIEWED THE INFORMATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ALL MEMBERS MUST REVIEW AND SIGN THE POLICY ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 12246 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
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| IRS990/TravelGrp/TotalAmt | 0 | 2006 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
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| IRS990/USAddress/AddressLine1Txt | 0 | 6410 FANNIN SUITE 210 |
| IRS990/USAddress/CityNm | 0 | HOUSTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77030 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
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| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MONAE REDMOND |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-03 |
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| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MURRY & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7575 GOLDEN VALLEY RD STE 119 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GOLDEN VALLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN LICHT |
| ReturnHeader/ReturnTs | 0 | 2025-11-05T09:57:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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