Aorn Foundation FY2021 filing

Tax-deductible

Denver, CO501(c)(3)Foundations & GrantmakersEIN 84-1193583

To advance patient safety by supporting the nurses who make surgery safe.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$186K 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
4 of 5
filings with a surplus
Average surplus $235K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$186K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $46K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
-29% vs prior year
Spent
$1.7M
To programs
85%
Net assets
$5.0M
By yearFY2020–FY2024
Revenue
$1.8M
FY2021▼ -29%
Revenue by fiscal year
FY2020$2.6M
FY2021$1.8M
FY2022$3.0M
FY2023$2.2M
FY2024$2.6M
Expenses
$1.7M
FY2021▼ -30%
Expenses by fiscal year
FY2020$2.4M
FY2021$1.7M
FY2022$2.5M
FY2023$2.0M
FY2024$2.6M
Net assets
$5.0M
FY2021▲ +7%
Net assets by fiscal year
FY2020$4.7M
FY2021$5.0M
FY2022$5.1M
FY2023$5.7M
FY2024$5.8M

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 Jun 1992.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $1.4M Management & general 5% · $90K Fundraising 10% · $160K

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

Who runs it and what they're paid

21 people listed on the 990; $186K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director, Aorn F
$186,206Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Colette Palmer’s $231K as Executive Director, Aorn Foundation is at the 88th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking 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

NameFY2024FY2023FY2022FY2021FY2020
Colette Palmer$231,296$212,840$198,444$186,206$173,976

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 Aorn 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 15aNo

Programs and updates

Empowering nurses to improve surgical patient safety through support and resources.

Provided by the organization

This section is blank until Aorn Foundation claims this page.

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3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2021.
01

Funded Initiatives

The foundation collects funding that is then directed to aorn for various mission related programs for which aorn provides services.

$969Kprogram expense
02

Scholarships- awards to individuals pursuing, or advancing, a career in nursing through academic education.

$168Kprogram expense
03

Education grants- monies to supplement conference registrations or certification completion.

$159Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 22 grants · $2.1M · 2020–2024
Unitemized GrantFY2024$250,576
Unitemized GrantFY2024$218,280
Unitemized GrantFY2024$15,000
Unitemized GrantFY2024$2,367
Unitemized GrantFY2023$157,960
Unitemized GrantFY2023$108,323
Unitemized GrantFY2023$53,655
Unitemized GrantFY2023$15,250
Unitemized GrantFY2022$318,230
Unitemized GrantFY2022$238,900
Unitemized GrantFY2022$131,916
Unitemized GrantFY2022$17,814
Unitemized GrantFY2022$4,944
Unitemized GrantFY2022$2,718
Unitemized GrantFY2021$156,813
Unitemized GrantFY2021$28,390
Unitemized GrantFY2021$27,587
Unitemized GrantFY2021$17,995
See all 22 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$203K
Other incomeLn 4–11$14K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$90K
Fundraisingcol D$160K
Owns and owesPt X
$5.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$6.2M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
21
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Noncash giftsLn 1g$87K
Investment incomeLn 3$203K
Other incomeLn 4–11$14K
Gains on assetsLn 7$4K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$150K
Total assetsLn 16$6.2M
LiabilitiesLn 26$1.2M
Net assetsLn 32$5.0M
OperationsPt I, VI
EmployeesI 53
VolunteersI 645
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$1.1M$1.0M
InvestmentsLn 11–13$4.2M$4.8M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$6.6M$6.2M
LiabilitiesLn 26$1.9M$1.2M
Net assetsLn 32$4.7M$5.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$316K$316K
Grants and assistance to foreign recipientsLn 3$11K$11K
Pay of current officers, directors and key staffLn 5$209K$80K$31K$98K
Other salaries and wagesLn 7$90K$34K$13K$42K
Pension plan contributionsLn 8$2K$800$316$990
Other employee benefitsLn 9$18K$7K$3K$8K
Payroll taxesLn 10$5K$2K$712$2K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$7K$7K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$241$241
Payments to affiliatesLn 21$969K$969K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$12K$12K
Total functional expensesLn 25$1.7M$1.4M$90K$160K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.6M$2.6M−$16K$5.8M 990 PDF
FY2023 $2.2M$2.0M$270K$5.7M 990 PDF
FY2022 $3.0M$2.5M$536K$5.1M 990 PDF
FY2021 Viewing $1.8M$1.7M$174K$5.0M 990 PDF
FY2020 $2.6M$2.4M$210K$4.7M 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 (4 parts)
Part VIII · Statement of revenue $1,842,892 across 8 lines filed
VIII-1d Related organizations$148,183
VIII-1f All other contributions, gifts and grants$1,477,988
VIII-1g Noncash contributions (included above)$87,010
VIII-1h Total contributions, gifts and grants$1,626,171
VIII-3 Investment incomeExcluded from tax $198,934$198,934
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,250$4,250
VIII-8 Net income from fundraising eventsExcluded from tax $13,537$13,537
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $216,721$1,842,892
Part IX · Statement of functional expenses $1,668,983 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $315,910$315,910
IX-3 Grants and assistance to foreign recipientsPrograms $10,651$10,651
IX-5 Pay of current officers, directors and key staffPrograms $79,592 · Management $31,418 · Fundraising $98,443$209,453
IX-7 Other salaries and wagesPrograms $34,125 · Management $13,471 · Fundraising $42,207$89,803
IX-8 Pension plan contributionsPrograms $800 · Management $316 · Fundraising $990$2,106
IX-9 Other employee benefitsPrograms $6,859 · Management $2,708 · Fundraising $8,484$18,051
IX-10 Payroll taxesPrograms $1,804 · Management $712 · Fundraising $2,232$4,748
IX-11c Accounting feesManagement $10,319$10,319
IX-11f Investment management feesManagement $7,467$7,467
IX-11g Other fees for servicesManagement $5,700$5,700
IX-12 Advertising and promotionFundraising $7,442$7,442
IX-13 Office expensesManagement $241$241
IX-21 Payments to affiliatesPrograms $968,972$968,972
IX-23 InsuranceManagement $6,146$6,146
IX-24 Other expenses (24a–d)Management $11,974$11,974
IX-25 Total functional expensesPrograms $1,418,713 · Management $90,472 · Fundraising $159,798$1,668,983
Part X · Balance sheet $6,192,804 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,118,219$1,044,502
X-3 Pledges and grants receivableStart of year $1,236,275$224,045
X-9 Prepaid expenses and deferred chargesStart of year $9,417$18,994
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $4,203,568$4,755,263
X-15 Other assetsStart of year $0$150,000
X-16 Total assetsStart of year $6,567,479$6,192,804
X-17 Accounts payable and accrued expensesStart of year $1,564,850$412,567
X-18 Grants payableStart of year $90,324$154,085
X-19 Deferred revenueStart of year $224,128$619,122
X-26 Total liabilitiesStart of year $1,879,302$1,185,774
X-27 Net assets without donor restrictionsStart of year $1,863,207$2,025,853
X-28 Net assets with donor restrictionsStart of year $2,824,970$2,981,177
X-32 Total net assets or fund balancesStart of year $4,688,177$5,007,030
X-33 Total liabilities and net assetsStart of year $6,567,479$6,192,804
Part XI · Reconciliation of net assets $5,007,030 net assets at year end
XI-1 Total revenue$1,842,892
XI-2 Total expenses$1,668,983
XI-3 Revenue less expenses$173,909
XI-4 Net assets at start of year$4,688,177
XI-5 Net unrealized gains (losses) on investments$144,944
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,007,030

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

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