Focused Ultrasound Foundation
Focused Ultrasound Foundation consistently directs funds to programs, maintaining strong assets despite recent revenue fluctuations.
EIN: 205744808 · Charlottesvle, VA · NTEE: G9B · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.6M |
| Total Expenses | $13.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $37.9M |
| Transparency Score | 90/100 |
Is Focused Ultrasound Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Focused Ultrasound Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Focused Ultrasound Foundation
Focused Ultrasound Foundation (EIN: 205744808) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code G9B. The organization reported total revenue of $16.6M and total assets of $39.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Focused Ultrasound Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Focused Ultrasound Foundation is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $13.2M |
| Surplus / Deficit | $-4,749,822 |
| Total Assets | $38.9M |
| Total Liabilities | $1.0M |
| Net Assets | $37.9M |
| Operating Margin | -56.1% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 35.3 months |
Financial Health Grade: B
In 2023, Focused Ultrasound Foundation reported a deficit of $4.7M with expenses exceeding revenue, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Focused Ultrasound Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.0% | +4.7% | -10.1% |
| 2022 | +30.5% | +30.2% | -1.8% |
| 2021 | -71.2% | +11.7% | -4.9% |
| 2020 | +201.4% | -11.5% | +92.5% |
| 2019 | -40.0% | +24.9% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Focused Ultrasound Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Focused Ultrasound Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with assets nearing $40 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Focused Ultrasound Foundation's IRS 990 filings:
- Recent operating deficits (e.g., 2023 expenses of $13,212,794 against revenue of $8,462,972)
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further scrutiny regarding how leadership is compensated or if it's reported elsewhere.
Strengths
The following positive indicators were identified for Focused Ultrasound Foundation:
- Strong program spending focus, indicating efficient use of funds towards its mission.
- Healthy asset base ($39,119,092 latest, $38,894,407 in 2023) providing financial stability.
- Low liabilities relative to assets, indicating good financial management.
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing resources to the mission.
Frequently Asked Questions about Focused Ultrasound Foundation
Is Focused Ultrasound Foundation a legitimate charity?
Focused Ultrasound Foundation (EIN: 205744808) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Focused Ultrasound Foundation spend its money?
Focused Ultrasound Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Focused Ultrasound Foundation tax-deductible?
Focused Ultrasound Foundation is registered as a tax-exempt nonprofit (EIN: 205744808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Focused Ultrasound Foundation CEO make?
Focused Ultrasound Foundation's highest-compensated officer earns $40 annually. The organization reported $16.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Focused Ultrasound Foundation's spending goes to programs?
Focused Ultrasound Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Focused Ultrasound Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Focused Ultrasound Foundation is above average for NTEE category G9B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Focused Ultrasound Foundation located?
Focused Ultrasound Foundation is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 205744808. It is classified under NTEE code G9B.
How many years of IRS 990 filings does Focused Ultrasound Foundation have?
Focused Ultrasound Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.6M in total revenue.
Is the Focused Ultrasound Foundation a good charity?
Based on its financial data, the Focused Ultrasound Foundation appears to be a good charity, demonstrating strong program spending and a healthy asset base. The reported 0% officer compensation is a notable positive for mission focus.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated significantly, ranging from a low of $2,023,589 in 2014 to a high of $30,828,788 in 2020, with recent years showing revenues of $8,462,972 (2023) and $11,598,945 (2022).
What is the organization's financial stability?
The organization demonstrates strong financial stability with substantial assets, reaching $38,894,407 in 2023 and $43,272,222 in 2022, significantly outweighing its liabilities.
Are there any concerns about executive compensation?
The filings consistently report 0% officer compensation, which is highly unusual for an organization of this scale. While this suggests all funds are directed to the mission, it could also indicate compensation is paid through a related entity or not reported in this section, warranting further investigation for complete transparency.
Has the organization been operating at a deficit recently?
Yes, in 2023, the organization's expenses ($13,212,794) exceeded its revenue ($8,462,972), resulting in a deficit for that period. A similar trend was observed in 2022, with expenses ($12,620,729) exceeding revenue ($11,598,945).
Filing History
IRS 990 filing history for Focused Ultrasound Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Focused Ultrasound Foundation's revenue has grown by 50.3%, moving from $5.6M to $8.5M. Total assets increased by 383.8% over the same period, from $8.0M to $38.9M. Total functional expenses rose by 133%, from $5.7M to $13.2M. In its most recent filing year (2023), Focused Ultrasound Foundation reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $38.9M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $37.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $13.2M | $38.9M | $1.0M | — | — |
| 2022 | $11.6M | $12.6M | $43.3M | $1.3M | — | — |
| 2021 | $8.9M | $9.7M | $44.1M | $777K | — | View 990 |
| 2020 | $30.8M | $8.7M | $46.4M | $1.8M | — | View 990 |
| 2019 | $10.2M | $9.8M | $24.1M | $1.7M | — | View 990 |
| 2018 | $17.1M | $7.8M | $23.4M | $1.5M | — | View 990 |
| 2017 | $7.0M | $6.4M | $14.2M | $1.6M | — | — |
| 2016 | $5.9M | $6.3M | $13.7M | $1.6M | — | View 990 |
| 2015 | $9.7M | $6.0M | $13.7M | $1.3M | — | View 990 |
| 2014 | $2.0M | $5.0M | $9.7M | $909K | — | View 990 |
| 2013 | $7.6M | $5.0M | $12.8M | $1.0M | — | View 990 |
| 2012 | $6.7M | $4.7M | $10.3M | $1.1M | — | View 990 |
| 2011 | $5.6M | $5.7M | $8.0M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $13.2M, and assets of $38.9M (revenue -27.0% year-over-year).
- 2022: Revenue of $11.6M, expenses of $12.6M, and assets of $43.3M (revenue +30.5% year-over-year).
- 2021: Revenue of $8.9M, expenses of $9.7M, and assets of $44.1M (revenue -71.2% year-over-year).
- 2020: Revenue of $30.8M, expenses of $8.7M, and assets of $46.4M (revenue +201.4% year-over-year).
- 2019: Revenue of $10.2M, expenses of $9.8M, and assets of $24.1M (revenue -40.0% year-over-year).
- 2018: Revenue of $17.1M, expenses of $7.8M, and assets of $23.4M (revenue +143.5% year-over-year).
- 2017: Revenue of $7.0M, expenses of $6.4M, and assets of $14.2M (revenue +18.9% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.3M, and assets of $13.7M (revenue -39.5% year-over-year).
- 2015: Revenue of $9.7M, expenses of $6.0M, and assets of $13.7M (revenue +380.9% year-over-year).
- 2014: Revenue of $2.0M, expenses of $5.0M, and assets of $9.7M (revenue -73.5% year-over-year).
- 2013: Revenue of $7.6M, expenses of $5.0M, and assets of $12.8M (revenue +14.2% year-over-year).
- 2012: Revenue of $6.7M, expenses of $4.7M, and assets of $10.3M (revenue +18.8% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.7M, and assets of $8.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Focused Ultrasound Foundation:
Data Sources and Methodology
This transparency report for Focused Ultrasound Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.