Foundation For Physical Therapy Research Inc

Foundation For Physical Therapy Research Inc maintains strong assets and no reported officer compensation over a decade.

EIN: 136161225 · Alexandria, VA · NTEE: E500 · Updated: 2026-03-28

$7.2MRevenue
$3.2MGross Revenue
$28.6MAssets
92/100Mission Score (Excellent)
E500
Foundation For Physical Therapy Research Inc Financial Summary
MetricValue
Total Revenue$7.2M
Total Expenses$2.1M
Program Spending85%
CEO/Top Officer Pay$26
Net Assets$25.1M
Transparency Score92/100

Is Foundation For Physical Therapy Research Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Foundation For Physical Therapy Research Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Foundation For Physical Therapy Research Inc

Foundation For Physical Therapy Research Inc (EIN: 136161225) is a nonprofit organization based in Alexandria, VA, classified under NTEE code E500. The organization reported total revenue of $7.2M and total assets of $28.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Physical Therapy Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

66Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Foundation For Physical Therapy Research Inc is a mid-size nonprofit that has been operating for 66 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$2.4M
Total Expenses$2.1M
Surplus / Deficit+$252K
Total Assets$26.5M
Total Liabilities$1.4M
Net Assets$25.1M
Operating Margin10.6%
Debt-to-Asset Ratio5.4%
Months of Reserves148.9 months

Financial Health Grade: A

In 2023, Foundation For Physical Therapy Research Inc reported a surplus of $252K with revenue exceeding expenses, holds 148.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Foundation For Physical Therapy Research Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-11.4%-3.9%+11.4%
2022-45.8%+13.0%-16.3%
2021+44.7%-2.7%+12.8%
2020+19.3%-16.0%+7.7%
2019+11.8%-15.3%+16.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1960

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Foundation For Physical Therapy Research Inc demonstrates a consistent commitment to its mission, as evidenced by its financial trends. Over the past several years, the organization has maintained a healthy asset base, growing from $15,657,452 in 2014 to $26,510,869 in 2023, indicating strong financial stewardship and capacity. Revenue has fluctuated, with notable peaks in 2014 ($6,077,787), 2017 ($5,646,711), and 2021 ($4,975,616), suggesting successful fundraising efforts in those periods. Expenses have remained relatively stable, generally ranging between $1.9 million and $2.8 million annually, which points to controlled operational costs. The organization's spending efficiency appears strong, particularly given the consistent absence of reported officer compensation across all available filings. This suggests that a significant portion of funds is directed towards programmatic activities rather than executive salaries. The growth in assets, coupled with manageable liabilities, further reinforces a picture of financial stability and responsible management. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to transparency. Overall, the Foundation For Physical Therapy Research Inc exhibits sound financial health, efficient spending practices, and a good level of transparency through its regular public filings and the absence of executive compensation. Its ability to grow its asset base while maintaining stable expenses positions it well for continued impact in its mission area.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation For Physical Therapy Research Inc with a Mission Score of 92 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, Foundation For Physical Therapy Research Inc 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:

$2.4MTotal Revenue
$2.1MTotal Expenses
$26.5MTotal Assets
$1.4MTotal Liabilities
$25.1MNet Assets
  • The organization reported a surplus of $252K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 5.4%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $26 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 Foundation For Physical Therapy Research Inc's IRS 990 filings:

  • No reported officer compensation for an organization of this size could indicate alternative compensation structures or a fully volunteer leadership, which, while potentially positive, warrants further investigation for clarity.

Strengths

The following positive indicators were identified for Foundation For Physical Therapy Research Inc:

  • Strong and growing asset base, reaching $26,510,869 in 2023, indicating financial stability and capacity.
  • Consistent reporting of 0% officer compensation across all 13 filings, suggesting a high proportion of funds are directed to programs.
  • Stable expense management, generally staying within a $1.9M-$2.8M range despite revenue fluctuations.
  • Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
  • Healthy asset-to-liability ratio, with assets significantly exceeding liabilities in all reported periods.

Frequently Asked Questions about Foundation For Physical Therapy Research Inc

Is Foundation For Physical Therapy Research Inc a legitimate charity?

Foundation For Physical Therapy Research Inc (EIN: 136161225) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Foundation For Physical Therapy Research Inc spend its money?

Foundation For Physical Therapy Research Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Foundation For Physical Therapy Research Inc tax-deductible?

Foundation For Physical Therapy Research Inc is registered as a tax-exempt nonprofit (EIN: 136161225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Foundation For Physical Therapy Research Inc CEO make?

Foundation For Physical Therapy Research Inc's highest-compensated officer earns $26 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Foundation For Physical Therapy Research Inc's spending goes to programs?

Foundation For Physical Therapy Research Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Foundation For Physical Therapy Research Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Foundation For Physical Therapy Research Inc is above average for NTEE category E500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Foundation For Physical Therapy Research Inc located?

Foundation For Physical Therapy Research Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 136161225. It is classified under NTEE code E500.

How many years of IRS 990 filings does Foundation For Physical Therapy Research Inc have?

Foundation For Physical Therapy Research Inc 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 $7.2M in total revenue.

Is Foundation For Physical Therapy Research Inc a good charity?

Based on its financial data, the Foundation For Physical Therapy Research Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, stable expenses, and notably, no reported officer compensation, suggesting a high dedication of resources to its mission.

How has the organization's financial health changed over time?

The organization's financial health has generally strengthened over time, with assets growing from $15.6 million in 2014 to $26.5 million in 2023, while liabilities have remained manageable, indicating prudent financial management.

What is the trend in revenue and expenses?

Revenue has fluctuated significantly year-to-year, with peaks in 2014, 2017, and 2021, while expenses have remained relatively stable, generally between $1.9 million and $2.8 million annually, demonstrating controlled operational costs despite varying income.

Filing History

IRS 990 filing history for Foundation For Physical Therapy Research Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Foundation For Physical Therapy Research Inc's revenue has grown by 50.7%, moving from $1.6M to $2.4M. Total assets increased by 304.1% over the same period, from $6.6M to $26.5M. Total functional expenses rose by 107.9%, from $1.0M to $2.1M. In its most recent filing year (2023), Foundation For Physical Therapy Research Inc reported a surplus of $252K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $26.5M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $25.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.4M $2.1M $26.5M $1.4M
2022 $2.7M $2.2M $23.8M $1.4M
2021 $5.0M $2.0M $28.4M $1.3M
2020 $3.4M $2.0M $25.2M $1.7M View 990
2019 $2.9M $2.4M $23.4M $1.8M View 990
2018 $2.6M $2.8M $20.1M $2.1M View 990
2017 $5.6M $2.4M $21.7M $1.6M View 990
2016 $2.7M $2.2M $16.7M $1.5M View 990
2015 $2.0M $2.0M $15.3M $1.3M View 990
2014 $6.1M $2.1M $15.7M $1.1M View 990
2013 $3.1M $1.5M $11.1M $663K View 990
2012 $2.4M $1.4M $8.3M $705K View 990
2011 $1.6M $1.0M $6.6M $560K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $26.5M (revenue -11.4% year-over-year).
  • 2022: Revenue of $2.7M, expenses of $2.2M, and assets of $23.8M (revenue -45.8% year-over-year).
  • 2021: Revenue of $5.0M, expenses of $2.0M, and assets of $28.4M (revenue +44.7% year-over-year).
  • 2020: Revenue of $3.4M, expenses of $2.0M, and assets of $25.2M (revenue +19.3% year-over-year).
  • 2019: Revenue of $2.9M, expenses of $2.4M, and assets of $23.4M (revenue +11.8% year-over-year).
  • 2018: Revenue of $2.6M, expenses of $2.8M, and assets of $20.1M (revenue -54.3% year-over-year).
  • 2017: Revenue of $5.6M, expenses of $2.4M, and assets of $21.7M (revenue +107.8% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $2.2M, and assets of $16.7M (revenue +36.4% year-over-year).
  • 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $15.3M (revenue -67.2% year-over-year).
  • 2014: Revenue of $6.1M, expenses of $2.1M, and assets of $15.7M (revenue +94.6% year-over-year).
  • 2013: Revenue of $3.1M, expenses of $1.5M, and assets of $11.1M (revenue +31.8% year-over-year).
  • 2012: Revenue of $2.4M, expenses of $1.4M, and assets of $8.3M (revenue +49.5% year-over-year).
  • 2011: Revenue of $1.6M, expenses of $1.0M, and assets of $6.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Foundation For Physical Therapy Research Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Foundation For Physical Therapy Research Inc 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.

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