Partner for Surgery INC FY2022 filing

McLean, VA · Public charity (501(c)(3)) · Health Care

✓ Tax-deductible Latest data FY2022
Revenue
$275K
▼ -17% vs prior year
Spent
$314K
To programs
93%
Net assets
$371K
By yearFY2020–FY2024
Revenue
$275K
FY2022▼ -17%
Revenue by fiscal year
FY2020$315K
FY2021$332K
FY2022$275K
FY2023$335K
FY2024$666K
Expenses
$314K
FY2022▲ +21%
Expenses by fiscal year
FY2020$240K
FY2021$260K
FY2022$314K
FY2023$367K
FY2024$416K
Net assets
$371K
FY2022▼ -15%
Net assets by fiscal year
FY2020$344K
FY2021$438K
FY2022$371K
FY2023$370K
FY2024$599K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
6 funders, incl. Network for Good INC
$178K in the latest grant year.
Spent on programs?
93% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -17% vs prior year
Legal name (IRS)Hdr · item CPartner for Surgery INC
EINHdr · item D54-2034427
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2001
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CMcLean, VA
NTEE classificationIRS BMFHealth Care (E60)
WebsiteHdr · item Jwww.partnerforsurgery.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.04 Fundraising $0.03
Program services93%$291K
Management & general4%$13K
Fundraising3%$10K
Total functional expensesLn 25$314K

Financial health

Program efficiency
93%
of spending reaches programs
Operating runway
15.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$407K
FY2022▼ -7%
Total assets by fiscal year
FY2020$347K
FY2021$440K
FY2022$407K
FY2023$409K
FY2024$602K
Total liabilities
$36K
FY2022▲ ×15
Total liabilities by fiscal year
FY2020$3K
FY2021$3K
FY2022$36K
FY2023$39K
FY2024$2K
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$407K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$200K
Total assetsLn 16$407K
Total liabilitiesLn 26$36K
Total net assetsLn 32$371K
Months of cash on handcomputed7.6

Statement of Revenue

Part VIII
Contributions & grants$266K · 97%
Program service revenue$6K · 2%
Investment income$2K · 1%
Contributions & grants97%$266K
Program service revenue2%$6K
Investment income1%$2K
Total revenueLn 12$275K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $397K · Operating expenses/yr $314K
15.2 months
Where the money goes
Program services
Program services $291K · Total expenses $314K
93%
Management & General
Management & general $13K · Total expenses $314K
4%
Fundraising
Fundraising $10K · Total expenses $314K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $297K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $266K · Total revenue $275K
97%
Government reliance
Government grants — · Total revenue $275K
—
Earned-income share
Program service revenue $6K · Total revenue $275K
2%
Investment reliance
Investment income $2K · Total revenue $275K
+0.8%
Program self-sufficiency
Program service revenue $6K · Total expenses $314K
2%
Growth & trend
Revenue growth (YoY)
This year $275K · Prior year $332K
-17%
Net-asset trend (YoY)
End of year $371K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $275K · Expenses $314K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $407K
—
Net-asset ratio
Net assets $371K · Total assets $407K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $197K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $407K
48%
People & payroll
Highest Reported Total Compensation
Individual Todd Peterson · Reported title President · Highest reported compensation $0 · Total expenses $314K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $28K · Total expenses $314K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 4%——
Fundraising cost ratio 4%——
Revenue growth -17%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 5%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Partner for Surgery INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Connects impoverished Guatemalans with volunteer surgical teams by building community infrastructure.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $269K of program spending, described in the organization's own filed words · FY2022.
01

Companion Organization Support

Grants and administrative support provide our Companion organization in Guatemala, ACPC, with the infrastructure to coordinate medical and surgical missions.

$111Kprogram expense
02

Cleft Surgical Support

Surgical Missions operate at out-patient clinics that include well-equipped operating rooms, a PACU, a post-op area, and a large sleeping and eating facility that can accommodate patients and their families. PfS/ACPC coordinates the transportation of patients for surgery.

$99Kprogram expense
03

Cleft Infant Nutrition Program

The Cleft Infant Nutrition Program provides Health Promoter family visits, formula, and supplies prior to Cleft Palate Surgery. The goal is to ensure these children are in good health to and ready for their surgery.

$60Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $666K$416K+99% 990 PDF
FY2023 $335K$367K+22% 990 PDF
FY2022 Viewing $275K$314K-17% 990 PDF
FY2021 $332K$260K+5% 990 PDF
FY2020 $315K$240K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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