Medical Research (H12) 990 on File

FOUNDATION FOR THE ADVANCEMENT OF MINIMALLY INVASIVE SURGERY INC

EIN: 04-3821340 · ROCKVILLE CENTRE, NY 11570-4800 · United States · FY 2023 Data

2 out of 5 30 / 100 Based on one year of filings

Financial strength (30%) 51/100

Reliability (20%) 50/100

Effectiveness (25%) 21/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Financial Overview — FY 2023

$52K

Total Revenue

$679

Total Expenses

$52K

Net Assets

N/A

Employees

Revenue Sources

Program Expense Ratio 0.0%

Fundraising Efficiency N/A

Operating Reserve 912.69x

Liability-to-Asset 0.0%

Revenue Diversification 93.7%

Compared with Peers

FY 2023

Compared with 1,152 similar organizations (United States, Medical Research, under $100K in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	0.0%	80.3%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	912.7 mo	37.0 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	93.7%	100.0%	P10P90	Above median
Surplus margin Surplus as a share of revenue	98.7%	12.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$52K	$679	$52K	0.0%	—
2021	$28K	$21K	N/A	—	1
2020	$32K	$68K	N/A	—	1

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Organization Details

EIN: 04-3821340
State: NY
City: ROCKVILLE CENTRE
ZIP: 11570-4800
Classification: H12
Category: Medical Research
Rating: 2★
Coverage: B
Last Updated: Aug 2026
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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