Orthopaedic Associates Of Grand Rapids Research & Education Inst
Orthopaedic Associates Of Grand Rapids Research & Education Inst faces persistent operating deficits and declining assets.
EIN: 203879278 · Grand Rapids, MI · NTEE: H80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $175K |
| Total Expenses | $301K |
| Program Spending | 75% |
| Net Assets | $47K |
| Transparency Score | 45/100 |
Is Orthopaedic Associates Of Grand Rapids Research & Education Inst Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Orthopaedic Associates Of Grand Rapids Research & Education Inst directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Orthopaedic Associates Of Grand Rapids Research & Education Inst
Orthopaedic Associates Of Grand Rapids Research & Education Inst (EIN: 203879278) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code H80. The organization reported total revenue of $175K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Orthopaedic Associates Of Grand Rapids Research & Education Inst's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Orthopaedic Associates Of Grand Rapids Research & Education Inst is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $301K |
| Surplus / Deficit | $-178,657 |
| Total Assets | $47K |
| Total Liabilities | $1 |
| Net Assets | $47K |
| Operating Margin | -145.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Orthopaedic Associates Of Grand Rapids Research & Education Inst reported a deficit of $179K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Orthopaedic Associates Of Grand Rapids Research & Education Inst's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.8% | +4.5% | -79.0% |
| 2022 | -53.4% | -14.5% | -31.9% |
| 2021 | +32.6% | +3.0% | +19.7% |
| 2020 | -30.9% | -14.0% | -10.4% |
| 2019 | +26.7% | +7.4% | +45.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Orthopaedic Associates Of Grand Rapids Research & Education Inst with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Orthopaedic Associates Of Grand Rapids Research & Education Inst allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its size and mission.
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 Orthopaedic Associates Of Grand Rapids Research & Education Inst's IRS 990 filings:
- Consistent operating deficits (e.g., 2023: $122,753 revenue vs. $301,410 expenses)
- Significant decline in assets over time (from $490,442 in 2012 to $47,400 in 2023)
- Revenue instability and decline in recent years (e.g., $391,916 in 2021 to $122,753 in 2023)
- High expense-to-revenue ratio in multiple periods
Strengths
The following positive indicators were identified for Orthopaedic Associates Of Grand Rapids Research & Education Inst:
- Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
- Focus on research and education, aligning with its NTEE code H80.
Frequently Asked Questions about Orthopaedic Associates Of Grand Rapids Research & Education Inst
Is Orthopaedic Associates Of Grand Rapids Research & Education Inst a legitimate charity?
Based on AI analysis of IRS 990 filings, Orthopaedic Associates Of Grand Rapids Research & Education Inst (EIN: 203879278) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Orthopaedic Associates Of Grand Rapids Research & Education Inst spend its money?
Orthopaedic Associates Of Grand Rapids Research & Education Inst directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Orthopaedic Associates Of Grand Rapids Research & Education Inst tax-deductible?
Orthopaedic Associates Of Grand Rapids Research & Education Inst is registered as a tax-exempt nonprofit (EIN: 203879278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Orthopaedic Associates Of Grand Rapids Research & Education Inst's spending goes to programs?
Orthopaedic Associates Of Grand Rapids Research & Education Inst directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Orthopaedic Associates Of Grand Rapids Research & Education Inst compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Orthopaedic Associates Of Grand Rapids Research & Education Inst is near average for NTEE category H80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Orthopaedic Associates Of Grand Rapids Research & Education Inst located?
Orthopaedic Associates Of Grand Rapids Research & Education Inst is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 203879278. It is classified under NTEE code H80.
How many years of IRS 990 filings does Orthopaedic Associates Of Grand Rapids Research & Education Inst have?
Orthopaedic Associates Of Grand Rapids Research & Education Inst has 10 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 $175K in total revenue.
Is Orthopaedic Associates Of Grand Rapids Research & Education Inst a good charity?
The organization's financial health is concerning due to consistent operating deficits and a significant decline in assets over the past decade. While it reports no officer compensation, which is positive, its ability to sustain its mission long-term is questionable given its financial trends.
Why are expenses consistently higher than revenue?
The provided data shows that expenses have exceeded revenue in most recent periods, such as $301,410 in expenses against $122,753 in revenue in 2023, and $288,419 in expenses against $182,607 in revenue in 2022. This indicates a structural imbalance where the organization is spending more than it earns.
What caused the significant drop in assets?
The consistent operating deficits, where expenses outpace revenue, are the primary cause of the asset decline. For instance, assets decreased from $490,442 in 2012 to $47,400 in 2023, directly reflecting the organization drawing down its reserves to cover operational shortfalls.
How does the organization fund its operations without executive compensation?
The organization reports 0% officer compensation, suggesting that its leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation. This allows more funds to be directed towards programs or other operational costs, though it doesn't mitigate the overall revenue shortfall.
What is the long-term sustainability outlook for this organization?
The long-term sustainability is concerning. With persistent operating deficits and a dwindling asset base (from $490,442 in 2012 to $47,400 in 2023), the organization faces significant financial challenges that could impact its ability to continue its research and education mission without substantial changes to its revenue generation or expense management.
Filing History
IRS 990 filing history for Orthopaedic Associates Of Grand Rapids Research & Education Inst showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Orthopaedic Associates Of Grand Rapids Research & Education Inst's revenue has declined by 66.1%, moving from $363K to $123K. Total assets decreased by 85.1% over the same period, from $318K to $47K. Total functional expenses rose by 24.5%, from $242K to $301K. In its most recent filing year (2023), Orthopaedic Associates Of Grand Rapids Research & Education Inst reported a deficit of $179K, with expenses exceeding revenue. The organization holds $1 in liabilities against $47K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $301K | $47K | $1 | — | View 990 |
| 2022 | $183K | $288K | $226K | $1 | — | View 990 |
| 2021 | $392K | $337K | $332K | $1 | — | View 990 |
| 2020 | $295K | $328K | $277K | $1 | — | View 990 |
| 2019 | $427K | $381K | $309K | $0 | — | View 990 |
| 2015 | $337K | $355K | $212K | $17 | — | View 990 |
| 2014 | $345K | $370K | $400K | $84 | — | View 990 |
| 2013 | $283K | $348K | $426K | $94 | — | View 990 |
| 2012 | $562K | $390K | $490K | $0 | — | View 990 |
| 2011 | $363K | $242K | $318K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $301K, and assets of $47K (revenue -32.8% year-over-year).
- 2022: Revenue of $183K, expenses of $288K, and assets of $226K (revenue -53.4% year-over-year).
- 2021: Revenue of $392K, expenses of $337K, and assets of $332K (revenue +32.6% year-over-year).
- 2020: Revenue of $295K, expenses of $328K, and assets of $277K (revenue -30.9% year-over-year).
- 2019: Revenue of $427K, expenses of $381K, and assets of $309K (revenue +26.7% year-over-year).
- 2015: Revenue of $337K, expenses of $355K, and assets of $212K (revenue -2.2% year-over-year).
- 2014: Revenue of $345K, expenses of $370K, and assets of $400K (revenue +21.7% year-over-year).
- 2013: Revenue of $283K, expenses of $348K, and assets of $426K (revenue -49.6% year-over-year).
- 2012: Revenue of $562K, expenses of $390K, and assets of $490K (revenue +55.1% year-over-year).
- 2011: Revenue of $363K, expenses of $242K, and assets of $318K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Orthopaedic Associates Of Grand Rapids Research & Education Inst:
Data Sources and Methodology
This transparency report for Orthopaedic Associates Of Grand Rapids Research & Education Inst 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.