Osteogenesis Imperfecta Foundation INC EIN 23-7076021

Osteogenesis Imperfecta Foundation INC

EIN  23-7076021 Public charity (501(c)(3)) Gaithersburg, MD
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/1/26 · see original filing: IRS
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Size
$1–10M
What they do
Improves lives for people with brittle bone disorder through research, education, and support.
Leadership
Tracy Smith Hart · Chief Executive Officer · $215K
Money in and out
$2.6M revenue, $2.6M expenses
Bottom line
78% program efficiency

Improves lives for people with brittle bone disorder through research, education, and support. For fiscal year 2025 it reported $2.6M in revenue, $2.6M in expenses, and $1.4M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$2.6M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.15 Fundraising $0.08
Program efficiency
78%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate▼ -27% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▲ +91% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$2.6M
FY2025▲ +15%
Expenses
$2.6M
FY2025▲ +7%
Total assets
$1.7M
FY2025▼ -22%
Total liabilities
$293K
FY2025▼ -47%
Total revenue
$2.6M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $1.8M of program spending, described in the organization's own filed words · FY2024.
01

Education and Support

Adult health initiatives - the oif continues to prioritize our work to better understand the impact of oi as people age, and ways we can best serve our adult community. In addition to producing resources like the oi adult health toolkit to help our adult community manage their care, the oif partners with clinicians, researchers, and…

$897Kprogram expense
02

Research and Professional Education

Oif scientific meeting - the 24TH annual oi foundation scientific meeting was held in chicago, illinois on april 9-11, 2025. The meeting was co-chaired by DR. Ronit marom (baylor college of medicine) and DR. Roy morello (university of arkansas), both of whom are past oif michael geisman recipients.

$508Kprogram expense
03

National and Regional Conferences

National conference - the next oif national conference will be held on july 23-26, 2026, at the rosen center in orlando, florida. The rosen center has an astounding 69 ada roll-in shower sleeping rooms. Planning for the conference has begun with listening sessions for young adults to learn how the oif can best serve their unique needs.

$408Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COsteogenesis Imperfecta Foundation INC
EINHdr · item D23-7076021
Principal addressHdr · item CGaithersburg, MD
WebsiteHdr · item Jwww.oif.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H50J)
Ruling yearIRS BMFNov 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$215,284Pt VII · Sec A
Chief Program Officer
$135,886Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Tracy Smith Hart’s $215K as Chief Executive Officer is at the 63rd percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tracy Smith Hart$215,284$200,484$194,513$205,452$190,324$184,852
Katherine E Carter$135,886$129,557$123,543$117,319
Erika Carter$105,886

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.1M · 82%
Investment income$309K · 12%
Program service revenue$216K · 8%
Contributions & grants82%$2.1M
Investment income12%$309K
Program service revenue8%$216K
— government grantsLn 1e$196K
Total revenueLn 12$2.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.15 Fundraising $0.08
Program services78%$2.0M
Management & general15%$384K
Fundraising8%$206K
Total functional expensesLn 25$2.6M

Balance Sheet

Part X · end of year
CashLn 1$280K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$293K
Total net assetsLn 32$1.4M
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses (Pt IX) $2.6M · Less non-cash grants $5K · Cash operating expenses/yr $2.6M
6.7 months
Where the money goes
Program services
Program services $2.0M · Total expenses $2.6M
78%
Management & General
Management & general $384K · Total expenses $2.6M
15%
Fundraising
Fundraising $206K · Total expenses $2.6M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $143K · Solicited contributions (3-yr avg) $1.7M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.1M · Total revenue $2.6M
82%
Government reliance
Government grants $196K · Total revenue $2.6M
8%
Earned-income share
Program service revenue $216K · Total revenue $2.6M
8%
Investment reliance
Investment income $309K · Total revenue $2.6M
+12%
Program self-sufficiency
Program service revenue $216K · Total expenses $2.6M
8%
Growth & trend
Revenue growth (YoY)
This year $2.6M · Prior year $2.3M
+15%
Revenue CAGR
FY2019 $1.5M · FY2024 $2.6M
+11%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.6M · Expenses $2.6M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.4M · Total assets $1.7M
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
72%
People & payroll
Highest Reported Total Compensation
Individual Tracy Smith Hart · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $215K · Total expenses $2.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.3M · Total expenses $2.6M
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 15%
Fundraising cost ratio 10%
Revenue growth 15%
Investment management fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 36 grants · $1.8M · 2019–2024
Unitemized GrantFY2024$79,225
University of South FloridaFY2024$25,000
Unitemized GrantFY2023$209,914
University of South FloridaFY2023$50,000
University of South FloridaFY2022$69,940
Unitemized GrantFY2022$57,265
Regents Univ of CaliforniaCA · FY2022$50,000
Baylor College of MedicineTX · FY2022$50,000
Duke UniversityNC · FY2021$80,454
See all 36 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.6M revenue · viewing · ⤓ 990 PDF
FY2024$2.3M revenue · ⤓ 990 PDF
FY2023$2.2M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.9M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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