LUMBAR SPINE RESEARCH SOCIETY INC

EIN: 262160175 501(c)(3) Education

OREGON, WI

Total Revenue
$467,576
Total Expenses
$363,885
Total Assets
$608,251
Net Assets
$608,251
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WI
Principal Officer
JASON SAVAGE MD
Phone
6087708992
Tax Period
2024-01-01 to 2024-12-31

LUMBAR SPINE RESEARCH SOCIETY INC, founded in 2008, is a small nonprofit in the Education sector that reported $468K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $104K, a strong 22% operating margin.

Mission

WE ARE DEDICATED TO THE FREE EXCHANGE OF SCIENTIFIC INFORMATION REGARDING THE LUMBAR SPINE. THE SOCIETY EMPHASIZES OPEN AND TRANSPARENT DISCUSSION OF ACADEMIC RESEARCH, FREE FROM BIAS

Program Service Accomplishments

Program 1
Expenses: $97,531 Revenue: $71,075

CONDUCT AN ANNUAL MEETING FOR SCIENTIFIC INTERACTION WHICH PROMOTES AND DISCUSSES RESEARCH FOR THE BENEFIT OF PATIENT CARE IN RELATION TO THE UNDERSTANDING OF THE PHYSIOLOGY, PATHOLOGY AND MANAGEMENT...

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CONDUCT AN ANNUAL MEETING FOR SCIENTIFIC INTERACTION WHICH PROMOTES AND DISCUSSES RESEARCH FOR THE BENEFIT OF PATIENT CARE IN RELATION TO THE UNDERSTANDING OF THE PHYSIOLOGY, PATHOLOGY AND MANAGEMENT OF DISORDERS OF THE LUMBAR SPINE.

Program 2
Expenses: $77,415

TO WORK TOWARDS TAKING A LEAD IN DIRECTING WHERE LUMBAR SPINAL SURGERY GOES IN THE FUTURE THROUGH A VENUE FOR THE FREE AND OPEN EXCHANGE OF SCIENTIFIC INFORMATION REGARDING THE TREATMENT OF LUMBAR...

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TO WORK TOWARDS TAKING A LEAD IN DIRECTING WHERE LUMBAR SPINAL SURGERY GOES IN THE FUTURE THROUGH A VENUE FOR THE FREE AND OPEN EXCHANGE OF SCIENTIFIC INFORMATION REGARDING THE TREATMENT OF LUMBAR SPINAL CONDITIONS. MEMBERS ARE ENCOURAGED TO SEEK OUT OTHER INDIVIDUALS WITH APPROPRIATE INTERESTS TO FURTHER OUR MEMBERSHIP AND ENSURE OUR SOCIETY'S FUTURE.

Program 3
Expenses: $137,005 Revenue: $200,500

HANDS ON SURGICAL TECHNIQUES COURSE - A THREE-DAY COURSE FOR YOUNG ORTHOPEDIC SURGEONS AND NEUROSURGEONS WHO ARE INTERESTED IN DEVELOPING SURGICAL SKILLS AND TECHNIQUES NECESSARY FOR OPERATING WITH...

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HANDS ON SURGICAL TECHNIQUES COURSE - A THREE-DAY COURSE FOR YOUNG ORTHOPEDIC SURGEONS AND NEUROSURGEONS WHO ARE INTERESTED IN DEVELOPING SURGICAL SKILLS AND TECHNIQUES NECESSARY FOR OPERATING WITH CONFIDENCE AND IMPROVING PATIENT CARE IN DEGENERATIVE LUMBAR SPINE SURGERY. THE COURSE IS AIMED AT PHYSICIANS WHO ARE IN SENIOR-LEVEL TRAINING AND SURGEONS IN THEIR FIRST YEAR OF PRACTIE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $185,675
Program Service Revenue $271,575
Investment Income $10,326
Other Revenue $0
TOTAL REVENUE $467,576

Expense Breakdown

Grants Paid $34,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $321,951
Other Expenses $329,635
TOTAL EXPENSES $363,885

Year-over-Year Comparison

2024 2023 Change
Revenue $467,576 $389,861 +0.2%
Expenses $363,885 $327,158 +0.1%
Net Income $103,691 $62,703 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON SAVAGE MD PRESIDENT 1.00
Officer
$0 $0 $0
MICHAEL STEINMETZ MD SECRETARY 1.00
Officer
$0 $0 $0
MICHAEL LEE MD TREASURER 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $467,576 $363,885 $608,251 $103,691
2023 $389,861 $327,158 $504,560 $62,703
2022 $227,755 $187,031 $441,857 $40,724
2021 $170,148 $97,839 $401,133 $72,309
2020 $226,183 $93,692 $328,824 $132,491
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