INSTITUTE FOR BASIC AND APPLIED RESEARCH IN SURGERY INC

EIN: 363297771 501(c)(3) Diseases & Disorders

VADNAIS HEIGHTS, MN

Total Revenue
$100,418
Total Expenses
$81,325
Total Assets
$1,908,211
Net Assets
$1,908,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MN
Principal Officer
ALEXANDER FARRELL JD
Phone
6127519323
Tax Period
2023-07-01 to 2024-06-30

INSTITUTE FOR BASIC AND APPLIED RESEARCH IN SURGERY INC, founded in 1984, is a small nonprofit in the Diseases & Disorders sector that reported $100K in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 19% operating margin.

Mission

PROVIDE FUNDING SUPPORT TO "PROMISING YOUNG SURGICAL INVESTIGATORS" WITHIN THE DEPARTMENT OF SURGERY AT THE UNIVERSITY OF MINNESOTA; REGIONS HOSPITAL, ST. PAUL, MN;THE VA MEDICAL CENTER, MINNEAPOLIS, MN; AND OTHER OUTSTANDING ACADEMIC SURGICAL TRAINING PROGRAMS THROUGHOUT NORTH AMERICA.

Program Service Accomplishments

Program 1
Expenses: $55,350 Revenue: $20,067

THE PROGRAMMATIC SERVICE AREA ACCOMPLISHMENTS FOR FISCAL YEAR 2018-2019 INCLUDE FUNDING SUPPORT, RESOURCES, TRAINING AND INFRASTRUCTURE AND, IN LIMITED CASES, WAGES AND COMPENSATION TO PROMOTE...

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THE PROGRAMMATIC SERVICE AREA ACCOMPLISHMENTS FOR FISCAL YEAR 2018-2019 INCLUDE FUNDING SUPPORT, RESOURCES, TRAINING AND INFRASTRUCTURE AND, IN LIMITED CASES, WAGES AND COMPENSATION TO PROMOTE, SPONSOR, AND FACILITATE BASIC AND APPLIED RESEARCH AMONG 21 SURGICAL SUBSPECIALTY AREAS AT NATIONALLY RECOGNIZED ACADEMIC SURGERY TRAINING PROGRAMS (ASTP).THE BARIATRIC AND METABOLISM SURGERY RESEARCH CENTER UNDER THE DIRECTION OF DR. HENRY BUCHWALD IS THE RESEARCH TAIL OF THE INTERNATIONALLY RECOGNIZED POSCH STUDY. THE POSCH STUDY OF MORE THAN $100 MILLION DOLLARS IS THE LARGEST RESEARCH GRANT EVER GIVEN BY THE NATIONAL INSTITUTES OF HEALTH (NIH). FOR THE FIRST TIME, OBESE PATIENTS AROUND THE WORLD WERE ABLE TO SIGNIFICANTLY REDUCE THEIR MORBIDITY AND MORTALITY SECONDARY TO HYPERCHOLESTEROLEMIA.IN COOPERATION WITH THE NATIONAL FOOTBALL LEAGUE PLAYERS ASSOCIATION (NFL/PA), THE LIVING HEART FOUNDATION (LHF) (A NON-PROFIT MEDICAL RESEARCH FOUNDATION) AND ATHLETES HEALTH (AH), (A FOR-PROFIT MEDICAL SPORTS CONSORTIUM), CONTINUE A 15-YEAR MEDICAL SCREENING PROGRAM PROVIDING QUARTERLY SCREENING AND FOLLOW-UP CARE TO MEMBERS OF THE NFL PLAYERS ASSOCIATION.THE NATIONAL FOOTBALL LEAGUE/PLAYERS ASSOCIATION IS INSTRUMENTAL IDENTIFYING PLAYERS IN ACUTE AND CHRONIC MEDICAL NEED, DIRECTING THEM TO QUARTERLY SCREENING CLINICS CONDUCTED THROUGHOUT THE UNITED STATES, AND SUBSIDIZING THEIR CARE UNDER THE DIRECTION OF THE LIVING HEART FOUNDATION.IN THE SPRING OF 2018, IBARS, IN COOPERATION WITH THE NFL/PA AND THE LIVING HEART FOUNDATION (LHF) BEGAN A SERIOUS INVESTIGATION INTO THE DEGENERATIVE EFFECTS OF CHRONIC BRAIN INJURY.WORKING IN COOPERATION WITH THE NATIONAL FOOTBALL HELMUT PLAYERS CONSORTIUM, IT IS IBARS INTENT TO DEVELOP AND PRODUCE A SAFER FOOTBALL HELMET.THE PLASTIC AND RECONSTRUCTIVE SURGERY PROGRAM UNDER THE DIRECTION OF DR. UMAR CHAUDRY OFFERS A THREE-YEAR SURGICAL FELLOWSHIP TRAINING EXPERIENCE IN PLASTIC AND RECONSTRUCTIVE SURGERY HIGHLIGHTING SPECIALTY SURGICAL MICROVASCULAR REPAIR IN LIMB, ORGAN, FACIAL RECONSTRUCTION, AND ORGAN TRANSPLANTATION.THE PLASTIC SURGERY RESEARCH CENTER TRAINING PROGRAM WORKS AT THE NATIONAL LEVEL FOCUSING ON AESTHETIC AND PLASTIC AND RECONSTRUCTIVE SURGERY TO ENHANCE THE QUALITY OF LIFE FOR PATIENTS FOLLOWING NEONATAL, CONGENITAL DEFECT, INCIDENT OR ACCIDENT, OR CANCER SURGERY RECONSTRUCTIVE PROCEDURES.IN THE FALL OF 2017, IBARS, IN COOPERATION WITH THE SURGICAL TEAM ENGAGED IN A MISSION (STEM) BEGAN A COMPREHENSIVE PROGRAM TO PROVIDE ADDITIONAL SUPPORT TO PLASTIC AND RECONSTRUCTIVE SURGERY TRAINEES TO ASSIST INDIGENOUS PEOPLE IN GUATEMALA SUFFERING BOTH CLEFT PALATE AND INJURIES SECONDARY TO BURNS.THE METABOLISM SURGERY RESEARCH CENTER UNDER THE DIRECTION OF DR. RODERICK BARKE, CONTINUE TO OFFER OUTSTANDING METABOLISM AND WOUND HEALING RESEARCH ACTIVITIES.DR. BARKE CAREFULLY COORDINATES HIS EFFORTS WITH DR. STEVEN SANTILLI, NOW CHAIRMAN OF THE DEPARTMENT OF SURGERY AT THE VA MEDICAL CENTER, AND CONTINUES TO PLAY AN IMPORTANT ROLE IN BASIC RESEARCH ACTIVITIES.DR. BARKE CONTINUES TO WORK IN ACTIVE COOPERATION WITH HIS COLLEAGUE, DR. LINDA CARSON, TO FURTHER INTEGRATE THE METABOLISM RESEARCH TRAINING PROGRAM INTO THE OBSTETRICS AND GYNECOLOGIC TRAINING PROGRAM AT THE UNIVERSITY OF MINNESOTA.THE INTERNATIONAL HUMANITARIAN SURGICAL TEAM UNDER THE DIRECTION OF DR. WARREN SCHUBERT AND MRS. NAOMI QUILLOPA, RN, PLAN, FINANCE, AND IMPLEMENT LIFE-SAVING MEDICAL MISSIONS TO THE PHILIPPINES AND THE FAR EAST. THE INTERNATIONAL HUMANITARIAN SURGICAL TEAM REPRESENTS A CRITICAL COMPONENT OF THE PLASTIC AND HAND SURGERY TRAINING PROGRAM AT ST. PAUL REGIONS HOSPITAL.EACH YEAR, MORE THAN 75 PHYSICIANS AND OTHER PARAPROFESSIONALS IDENTIFY, ADDRESS AND RESOLVE MEDICAL AND SURGICAL NEEDS OF MORE THAN 1,600 INDIGENOUS PATIENTS PERFORMING SIGNIFICANT LIFE-SAVING FACIAL RECONSTRUCTIVE SURGERY.THE NAJARIAN RESEARCH CENTER UNDER THE DIRECTION OF DR. JOHN NAJARIAN, WORLD RENOWN ORGAN TRANSPLANT SURGEON CONTINUES TO SHOWCASE THE TALENT OF MORE THAN 50 YEARS THAT HIS LEGACY TRAINEES HAVE LED THE NATION AND THE WORLD TRANSPLANT COMMUNITY IN THE FIELD OF SOLID ORGAN TRANSPLANTATION.DR. NAJARIAN IS WIDELY-RECOGNIZED AS THE WORLDS LEADING EDUCATOR OF ORGAN TRANSPLANT FELLOWS WHOSE NUMBERS NOW EXCEEDS 220 FROM THE UNIVERSITY OF MINNESOTA.VETERANS OF FOREIGN WARS AND ITS LADIES AUXILIARY CANCER RESEARCH CENTER UNDER THE DIRECTION OF THE BOARD OF DIRECTORS, PROVIDES FUNDING FOR THE VETERANS OF FOREIGN WARS AND ITS AUXILIARY SURGICAL ONCOLOGY SURGERY RESEARCH AWARD AT THE UNIVERSITY OF MINNESOTA.EACH YEAR THE VFW AND ITS AUXILIARY SURGICAL ONCOLOGY RESEARCH AWARD IS GIVEN TO AN YOUNG SURGICAL INVESTIGATOR WITH AN EXTRAORDINARY CAPACITY FOR OUTSTANDING CONTRIBUTIONS TO THE FIELD OF SURGICAL ONCOLOGY DURING THE RESEARCH PORTION OF THEIR LABORATORY TRAINING EXPERIENCE.IN ADDITION, TO EXPAND THE SURGICAL RESIDENTS TRAINING EXPERIENCE, IN APRIL, 2016 IBARS INITIATED A $180,000 GIFT OVER A THREE-YEAR PERIOD TO BE MATCHED ON A TWO-FOR-ONE BASIS BY THE DEPARTMENT OF SURGERY ($360,000) TO CREATE A POOL OF $450,000 IN SUPPORT OF THREE SURGICAL RESIDENTS FOR A TWO-YEAR FULLY PAID EXPERIENCE IN A SURGICAL RESEARCH LABORATORY. THE TWELFTH AND FINAL PAYMENT OF THE THREE-YEAR $180,000 TRAINING GRANT WILL BE MADE IN JANUARY, 2019 TO THE DEPARTMENT OF SURGERY AT THE UNIVERSITY OF MINNESOTA.THE ST. PAUL REGIONS PERSONNEL, TRAVEL FUND UNDER THE DIRECTION OF DR. MARTIN LACEY PROVIDES OPERATIONAL SUPPORT FOR SURGICAL RESIDENTS WITHIN PLASTIC AND HAND SURGERY TRAINING PROGRAM AT ST. PAUL REGIONS HOSPITAL. DR. LACEY, WORKING IN COOPERATION WITH THE ST. PAUL REGIONS PERSONNEL TRAVEL FUND, AND UNDER THE DIRECTION OF DR. WARREN SCHUBERT, ALLOWS SURGICAL FELLOWS, SURGICAL RESIDENTS, MEDICAL STUDENTS, AND PROFESSIONAL STAFF MEMBERS TO TRAVEL TO NATIONAL CONFERENCES IN SUPPORT OF THE DIVISION OF PLASTIC AND HAND SURGERY.THE VASCULAR SURGERY TRAINING PROGRAM AT THE UNIVERSITY OF MINNESOTA WHICH INCLUDES OPPORTUNITIES FOR OUTSTANDING VASCULAR SURGERY FELLOWS TO ATTEND NATIONAL AND INTERNATIONAL CONFERENCES, COUPLED WITH EXPANDED TRAINING OPPORTUNITIES FOR MEDICAL STUDENTS, SURGICAL RESIDENTS, STAFF AND FACULTY MEMBERS.THE WILLIAM R. KENNEDY, MD NEUROLOGICAL RESEARCH CENTER UNDER THE DIRECTION OF DR. WILLIAM R. KENNEDY IS A MATURE OUTGROWTH OF THE NEUROLOGY PROGRAM WITHIN THE MEDICAL SCHOOL AT THE UNIVERSITY OF MINNESOTA.DR. KENNEDY IS RECOGNIZED AS THE WORLDS LEADING AUTHORITY IN THE AREA OF PRIMARY, PERIPHERAL NEUROPATHY SECONDARY TO JUVENILE (TYPE 1) AND ADULT (TYPE 2) DIABETES. DR. KENNEDY AND THE MEMBERS OF HIS RESEARCH TEAM ARE STUDYING PRIMARY PERIPHERAL NEUROPATHY TO FIND A TREATMENT TO AMELIORATE PATIENT SYMPTOMS.IN THE SPRING OF 2019 IBARS, IN COOPERATION WITH THE KENNEDY RESEARCH LABORATORY MADE A SIGNIFICANT INVESTMENT OF MORE THAN $280,000 TO SPUR THE FURTHER DEVELOPMENT OF A MICRODIAGNOSTIC NEUROPATHY DEVICE.DEVELOPMENTAL FUND FOR USEFUL SURGICAL STUDIES UNDER THE DIRECTION OF DR. ROSE KELLY, CHAIR OF THE DIVISION OF CARDIOVASCULAR AND THORACIC SURGERY AT THE UNIVERSITY OF MINNESOTA AND THE VA MEDICAL CENTER.DR. KELLY AND THE MEMBERS OF HER STAFF REPRESENT A FULL COMPLEMENT OF SKILLS TO LEAD THE PROGRAM IN THE AREA OF CARDIAC TRANSPLANTATION, SINGLE AND DOUBLE-LUNG TRANSPLANTATION, AND THE DRAMATIC USE OF LEFT VENTRICULAR ASSIST DEVICES (LVAD), AS A BRIDGE TO TREATMENT PRIOR TO TRANSPLANTATION.FINALLY, BUT NO LESS IMPORTANT, PROGRAMS CONTINUE IN CANCER RESEARCH, INTERNATIONAL MEDICINE, LAPAROSCOPIC SURGERY, CRITICAL CARE SURGERY, COLON AND RECTAL SURGERY, AND EXPERIMENTAL SURGERY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,720
Program Service Revenue $0
Investment Income $57,631
Other Revenue $20,067
TOTAL REVENUE $100,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,058
Fundraising Expenses $7,727
Program Expenses $55,350
Other Expenses $8,267
TOTAL EXPENSES $81,325

Year-over-Year Comparison

2023 2022 Change
Revenue $100,418 $60,120 +0.7%
Expenses $81,325 $101,529 -0.2%
Net Income $19,093 $-41,409 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
1
Volunteers
7

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
1
$67,105
Total Directors
6
$67,105
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH E KOSTIAL EXECUTIVE DIRECTOR 40.00
Officer Director
$67,105 $0 $67,105
ALEXANDER J FARRELL CHAIR 5.00
Director
$0 $0 $0
WARREN SCHUBERT DIRECTOR 1.00
Director
$0 $0 $0
JO BARTA DIRECTOR 1.00
Director
$0 $0 $0
DANIEL A SALTZMAN MD PHD DIRECTOR 1.00
Director
$0 $0 $0
PAUL WOJDA DIRECTOR 1.00
Director
$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 $100,418 $81,325 $1,908,211 $19,093
2023 $60,120 $101,529 $1,797,572 $-41,409
2022 $69,681 $372,931 $1,800,136 $-303,250
2021 $98,363 $120,489 $2,403,609 $-22,126
2020 $188,688 $418,079 $1,922,445 $-229,391
2019 $230,550 $407,745 $2,171,368 $-177,195
2018 $190,038 $296,754 $2,150,828 $-106,716
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