ORTHOPAEDIC FOUNDATION FOR ACTIVE LIFESTYLES INC
Mission Statement
The Orthopaedic Foundation was created as a not-for-profit 501 (c)(3) organization whose primary mission is to develop and encourage research and education concerning minimally invasive orthopaedic surgery and advancements in musculoskeletal diseases. Our aim is to discover new modalities for the treatment of orthopaedic injuries and musculoskeletal disease, to promote injury prevention, and to explore minimally invasive treatments that guarantee shorter recovery time and faster return to daily activities. The Foundation is also committed to initiatives that educate individuals of all ages who are passionate about a healthy and active lifestyle, helping them to Stay in the Game for Life.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.8% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.2% | 11.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 10.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
89.1 mo | 13.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 0.4% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.8% | 93.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
3.0% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.9% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
48.4% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.6M | $823K | $6.1M | 78.8% | 6 |
| 2023 | $1.5M | $904K | $5.1M | 71.7% | 6 |
| 2022 | $1.6M | $899K | $4.3M | 70.5% | 6 |
| 2021 | $1.4M | $855K | N/A | — | 7 |
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