Perinatal Quality Foundation FY2021 filing

Oklahoma City, OKUnknown exempt organizationEIN 77-0653781Revenue $1.2M in FY2021

On file with the IRSperinatalquality.orgPo Box 21803 · Oklahoma City, OK

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Improve the quality of maternal fetal medicine clinical services by providing state of the art evidence-based educational programs and statistically valid monitoring systems to evaluate current practices and facilitate the transistion of an emerging technology into clinical care.

77¢ of each $1 spent went to programs.
$336K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
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
4 of 5
filings with a surplus
Average surplus $81K a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$336K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$368K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+14% vs prior year
Spent
$937K
To programs
77%
Net assets
$732K
By yearFY2020–FY2024
Revenue
$1.2M
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.2M
FY2022$981K
FY2023$568K
FY2024$0
Expenses
$937K
FY2021▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$980K
FY2021$937K
FY2022$753K
FY2023$685K
FY2024$0
Net assets
$732K
FY2021▲ +49%
Tap a bar for its year
Net assets by fiscal year
FY2020$491K
FY2021$732K
FY2022$961K
FY2023$864K
FY2024$0

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $726K Management & general 23% · $211K

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

13 people listed on the 990; $336K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Directorsecretary
$193,009Pt VII · Sec A
Website Manager
$142,902Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Jean Lea Spitz$154,248$147,806$193,009$174,408
Gregory Toland—$149,584$142,902$114,116

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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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 healthcare providers and monitors practices to improve maternal fetal medicine care.

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Provided by the organization

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2 programs · $726K · in their own filed words · FY2021
01

The Perinatal Quality Foundation provides education to physicians,sonographers, and other clinicians on a standardized method for measuring the fetal nuchal translucency. In addition, the Foundation provides education on measurement and use of cervical lenghth measurements in pregnancy to impact the risk of preterm birth.

$503Kprogram expense
02

The Perinatal Quality Foundation provides individual statistical reports to evaluate and track participants nuchal translucency measurements. The Foundation provides scored image review of nuchal translucency and cervical length images.

$223Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$884K
Gifts and grantsLn 1h$170K
Other incomeLn 4–11$124K
Money outPt IX
$937K
Ln 25
Programscol B$726K
Managementcol C$211K
Owns and owesPt X
$732K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$368K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$170K
Fees for servicesLn 2g$884K
Investment incomeLn 3$2K
Other incomeLn 4–11$124K
Gains on assetsLn 7−$5K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$756K
SavingsLn 2$326K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$1.1M
LiabilitiesLn 26$368K
Net assetsLn 32$732K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
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$831K$1.1M
Land, buildings, equipmentLn 10c$7K$4K
Total assetsLn 16$853K$1.1M
LiabilitiesLn 26$362K$368K
Net assetsLn 32$491K$732K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$193K$135K$58K
Other salaries and wagesLn 7$413K$368K$45K
Pension plan contributionsLn 8$28K$24K$5K
Other employee benefitsLn 9$42K$36K$6K
Payroll taxesLn 10$45K$38K$7K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$5K$5K
Office expensesLn 13$22K$20K$2K
TravelLn 17$1K$1K
Conferences, conventions and meetingsLn 19$53K$53K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$80K$80K$525
All other expensesLn 24e$22K$602$22K
Total functional expensesLn 25$937K$726K$211K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$0$0$0 990 PDF
FY2023 $568K$685K−$117K$864K 990 PDF
FY2022 $981K$753K$228K$961K 990 PDF
FY2021 Viewing $1.2M$937K$241K$732K 990 PDF
FY2020 $1.0M$980K$51K$491K 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
See the full FY2021 990 (6 parts)
Part I · Summary $1,178,169 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $176,111$170,270
I-9 Program service revenuePrior year $851,872$883,811
I-10 Investment incomePrior year $2,471−$2,812
I-11 Other revenue$126,900
I-12 Total revenuePrior year $1,030,454$1,178,169
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $761,120$721,541
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $218,761$215,678
I-18 Total expensesPrior year $979,881$937,219
I-19 Revenue less expensesPrior year $50,573$240,950
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $1,178,169 across 7 lines filed
VIII-1f All other contributions, gifts and grants$170,270
VIII-1h Total contributions, gifts and grants$170,270
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $883,811$883,811
VIII-3 Investment incomeRelated to mission $1,756$1,756
VIII-7 Net gain or loss on sales of assetsRelated to mission −$4,568−$4,568
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $126,900$126,900
VIII-12 Total revenueRelated to mission $1,007,899 · Unrelated business $0 · Excluded from tax $0$1,178,169
Part IX · Statement of functional expenses $937,219 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $135,106 · Management $57,903$193,009
IX-7 Other salaries and wagesPrograms $367,818 · Management $44,817$412,635
IX-8 Pension plan contributionsPrograms $23,678 · Management $4,643$28,321
IX-9 Other employee benefitsPrograms $36,492 · Management $5,941$42,433
IX-10 Payroll taxesPrograms $37,933 · Management $7,210$45,143
IX-11c Accounting feesManagement $7,905$7,905
IX-11g Other fees for servicesPrograms $4,800$4,800
IX-13 Office expensesPrograms $19,570 · Management $1,960$21,530
IX-17 TravelManagement $1,368$1,368
IX-19 Conferences, conventions and meetingsManagement $53,448$53,448
IX-22 Depreciation, depletion and amortizationManagement $3,637$3,637
IX-23 InsurancePrograms $20,032$20,032
IX-24 Other expenses (24a–d)Programs $79,961 · Management $525$80,486
IX-24e All other expensesPrograms $602 · Management $21,870$22,472
IX-25 Total functional expensesPrograms $725,992 · Management $211,227 · Fundraising $0$937,219
Part X · Balance sheet $1,100,516 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $507,204$756,021
X-2 Savings and temporary cash investmentsStart of year $323,915$325,672
X-4 Accounts receivableStart of year $15,000$15,000
X-10c Land, buildings and equipment, netStart of year $7,345$3,823
X-16 Total assetsStart of year $853,464$1,100,516
X-17 Accounts payable and accrued expensesStart of year $2,789$3,739
X-25 Other liabilitiesStart of year $232,343$364,395
X-26 Total liabilitiesStart of year $362,032$368,134
X-27 Net assets without donor restrictionsStart of year $491,432$732,382
X-32 Total net assets or fund balancesStart of year $491,432$732,382
X-33 Total liabilities and net assetsStart of year $853,464$1,100,516
Part XI · Reconciliation of net assets $732,382 net assets at year end
XI-1 Total revenue$1,178,169
XI-2 Total expenses$937,219
XI-3 Revenue less expenses$240,950
XI-4 Net assets at start of year$491,432
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$732,382

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

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