The Interventional Orthopedics foundations primary function is to educate and serve as a resource to physicians and the public seeking to understand the growing field of Interventional Orthopedics.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$147K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $149K a year · 27% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$147K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
15 mo
of spending, in cash
Looks good: 15.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$77K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$365K
+28% vs prior year
Spent
$584K
To programs
90%
Net assets
$825K
By yearFY2020–FY2024
Revenue
$365K
FY2021▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$286K
FY2021$365K
FY2022$582K
FY2023$669K
FY2024$881K
Expenses
$584K
FY2021▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$644K
FY2021$584K
FY2022$685K
FY2023$730K
FY2024$886K
Net assets
$825K
FY2021▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$825K
FY2022$798K
FY2023$734K
FY2024$729K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $526K Management & general 10% · $57K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $147K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$147,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President-El
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jillian Abramson’s $147K as Executive Di is at the 88th percentile of top reported officer pay among 328 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2022FY2021FY2020
Jillian Abramson$147,000$147,000$147,000$152,654

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.

See Interventional Orthopedics Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates physicians and the public about interventional orthopedics.

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Provided by the organization

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2 programs · $526K · in their own filed words · FY2021
01

Physician education has become our central focus at iof. With the inception of iof's physician education program in 2016, iof became uniquely positioned to set the standard for teaching the fundamental knowledge and skillsets necessary for physicians to practice in this advanced medical specialty.

$337Kprogram expense
02

The annual interventional orthopedic education conference focused on stem cell research, which is expected to play a key role in the future of orthopedic medicine. The conference seeks to advance the field of interventional orthopedic regenerative medicine and healthcare innovation, through the sharing of scientific discoveries…

$190Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $15K · 2020–2020
Unitemized GrantFY2020$14,990

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$365K
Ln 12
Fees for servicesLn 2g$292K
Gifts and grantsLn 1h$72K
Investment incomeLn 3$1K
Money outPt IX
$584K
Ln 25
Programscol B$526K
Managementcol C$57K
Owns and owesPt X
$825K
net assets · Ln 32
Cash and savingsLn 1–2$731K
Total assetsLn 16$902K
LiabilitiesLn 26$77K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$72K
Fees for servicesLn 2g$292K
Investment incomeLn 3$1K
Other incomeLn 4–11$82
Total revenueLn 12$365K
Assets in detailPt X, end of year
CashLn 1$14K
SavingsLn 2$717K
Cash and savings togetherLn 1–2$731K
Land, buildings, equipmentLn 10c$78K
Total assetsLn 16$902K
LiabilitiesLn 26$77K
Net assetsLn 32$825K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$910K$731K
Land, buildings, equipmentLn 10c$78K$78K
Total assetsLn 16$1.1M$902K
LiabilitiesLn 26$37K$77K
Net assetsLn 32$1.0M$825K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$400$400
Pay of current officers, directors and key staffLn 5$158K$138K$20K
Other salaries and wagesLn 7$78K$68K$10K
Pension plan contributionsLn 8$350$306$44
Other employee benefitsLn 9$19K$17K$2K
Payroll taxesLn 10$20K$17K$2K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$38K$35K$4K
Advertising and promotionLn 12$18K$18K
Office expensesLn 13$17K$3K$14K
Information technologyLn 14$11K$11K$540
OccupancyLn 16$11K$10K$1K
TravelLn 17$28K$28K$247
Conferences, conventions and meetingsLn 19$78K$78K
Other expenses (24a–d)Ln 24$104K$104K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$584K$526K$57K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $881K$886K−$5K$729K 990 PDF
FY2023 $669K$730K−$61K$734K 990 PDF
FY2022 $582K$685K−$103K$798K 990 PDF
FY2021 Viewing $365K$584K−$219K$825K 990 PDF
FY2020 $286K$644K−$358K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $364,758 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $61,122$71,730
I-9 Program service revenuePrior year $223,390$291,867
I-10 Investment incomePrior year $1,150$1,079
I-11 Other revenue$82
I-12 Total revenuePrior year $285,662$364,758
I-13 Grants and similar amounts paidPrior year $14,990$400
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $262,064$274,586
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $366,843$308,799
I-18 Total expensesPrior year $643,897$583,785
I-19 Revenue less expensesPrior year −$358,235−$219,027
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $364,758 across 7 lines filed
VIII-1b Membership dues$69,230
VIII-1f All other contributions, gifts and grants$2,500
VIII-1h Total contributions, gifts and grants$71,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $291,867$291,867
VIII-3 Investment incomeExcluded from tax $1,079$1,079
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $82$82
VIII-12 Total revenueRelated to mission $291,949 · Excluded from tax $1,079$364,758
Part IX · Statement of functional expenses $583,785 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $400$400
IX-5 Pay of current officers, directors and key staffPrograms $137,816 · Management $19,688$157,504
IX-7 Other salaries and wagesPrograms $68,457 · Management $9,780$78,237
IX-8 Pension plan contributionsPrograms $306 · Management $44$350
IX-9 Other employee benefitsPrograms $16,504 · Management $2,358$18,862
IX-10 Payroll taxesPrograms $17,179 · Management $2,454$19,633
IX-11c Accounting feesManagement $1,050$1,050
IX-11g Other fees for servicesPrograms $34,565 · Management $3,534$38,099
IX-12 Advertising and promotionPrograms $17,616$17,616
IX-13 Office expensesPrograms $3,073 · Management $14,376$17,449
IX-14 Information technologyPrograms $10,586 · Management $540$11,126
IX-16 OccupancyPrograms $9,925 · Management $1,363$11,288
IX-17 TravelPrograms $27,584 · Management $247$27,831
IX-19 Conferences, conventions and meetingsPrograms $78,151$78,151
IX-24 Other expenses (24a–d)Programs $104,289$104,289
IX-24e All other expensesManagement $1,900$1,900
IX-25 Total functional expensesPrograms $526,451 · Management $57,334 · Fundraising $0$583,785
Part X · Balance sheet $902,096 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $36,134$14,275
X-2 Savings and temporary cash investmentsStart of year $873,969$717,006
X-10c Land, buildings and equipment, netStart of year $77,551$77,551
X-14 Intangible assetsStart of year $93,265$93,264
X-16 Total assetsStart of year $1,080,919$902,096
X-17 Accounts payable and accrued expenses$348
X-25 Other liabilitiesStart of year $36,900$76,756
X-26 Total liabilitiesStart of year $36,900$77,104
X-27 Net assets without donor restrictionsStart of year $1,044,019$824,992
X-32 Total net assets or fund balancesStart of year $1,044,019$824,992
X-33 Total liabilities and net assetsStart of year $1,080,919$902,096
Part XI · Reconciliation of net assets $824,992 net assets at year end
XI-1 Total revenue$364,758
XI-2 Total expenses$583,785
XI-3 Revenue less expenses−$219,027
XI-4 Net assets at start of year$1,044,019
XI-10 Net assets at end of year$824,992

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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