Charity Search / MUSCULOSKELETAL ORTHOPEDIC RESEARCH AND EDUCATION FOUNDATION
Medical Research (H90) IRS Verified DX Registered 990 on File

MUSCULOSKELETAL ORTHOPEDIC RESEARCH AND EDUCATION FOUNDATION

EIN: 27-0170045 · PHOENIX, AZ 85023-1262 · United States · FY 2023 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 29/100
Reliability (20%) 50/100
Effectiveness (25%) 33/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

MORE Foundation's mission is Empowering individuals to Keep Life in Motion through innovative research, community education and charitable assistance.

Financial Overview — FY 2023
$639K
Total Revenue
$909K
Total Expenses
$-881,415
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 22.3%
Fundraising Efficiency N/A
Operating Reserve -11.64x
Liability-to-Asset 219.9%
Revenue Diversification 21.4%
Executive Compensation $0
Compared with Peers
FY 2023
Compared with 1,004 similar organizations (United States, Medical Research, $100K–$1M 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
22.3% 86.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-11.6 mo 13.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
219.9% 0.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
21.4% 95.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-6.4% 4.8%
P10P90
Expense growth
Year over year expense growth
2.7% 12.9%
P10P90
Surplus margin
Surplus as a share of revenue
-42.2% -0.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $639K $909K $-881,415 22.3% —
2022 $682K $885K $-611,626 59.6% —
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Organization Details
EIN
27-0170045
State
AZ
City
PHOENIX
ZIP
85023-1262
Classification
H90
Category
Medical Research
Rating
2★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2008
Foundation Code
3
Form 990
On File
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