UNITED FOR PATENT REFORM

EIN: 472624028

WASHINGTON, DC

Total Revenue
$600,000
Total Expenses
$378,860
Total Assets
$311,109
Net Assets
$311,109
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DC
Principal Officer
LAURA SHERIDAN
Phone
2125652821
Tax Period
2024-01-01 to 2024-12-31

UNITED FOR PATENT REFORM, founded in 2014, is a small nonprofit that reported $600K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $221K, a strong 37% operating margin.

Mission

THE MEMBERSHIP OF UNITED FOR PATENT REFORM (UFPR) CONSISTS OF BUSINESSES, ASSOCIATIONS AND CORPORATIONS WISHING TO ADDRESS THE PROBLEM OF PATENT LITIGATION ABUSE.

Program Service Accomplishments

Program 1

UNITED FOR PATENT REFORM ("UFPR") IS A BROAD COALITION OF AMERICAN BUSINESSES ADVOCATING FOR A PATENT SYSTEM THAT ENSURES HIGH QUALITY PATENTS, ADVANCES MEANINGFUL INNOVATION, AND PROTECTS LEGITIMATE...

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UNITED FOR PATENT REFORM ("UFPR") IS A BROAD COALITION OF AMERICAN BUSINESSES ADVOCATING FOR A PATENT SYSTEM THAT ENSURES HIGH QUALITY PATENTS, ADVANCES MEANINGFUL INNOVATION, AND PROTECTS LEGITIMATE AMERICAN BUSINESSES FROM UNNECESSARY PATENT LITIGATION. OUR MEMBERS RANGE FROM MAIN STREET RETAIL SHOPS, REALTORS, HOTELS, GROCERS, CONVENIENCE STORES, AND RESTAURANTS TO NATIONAL CONSTRUCTION COMPANIES, AUTOMOBILE MANUFACTURERS, AND TECHNOLOGY BUSINESSES. IN 2024, UFPR CONTINUED TO TAKE AN ACTIVE ROLE IN SHAPING THE LANDSCAPE OF PATENT LEGISLATION AND POLICY. UFPR SENT A JOINT LETTER TO CONGRESS EXPRESSING CONCERNS OVER THE PREVAIL ACT WHICH WOULD POSE SIGNIFICANT CHALLENGES FOR BUSINESSES FACING INVALID PATENTS AND UNNECESSARILY RESTRICT THEIR ABILITY TO SEEK RECOURSE THROUGH THE PATENT TRIAL AND APPEAL BOARD (PTAB). ADDITIONALLY, UFPR'S LEADERSHIP HAS BEEN AT THE FOREFRONT OF THE DEBATE, WRITING AN OP-ED THAT URGED THE SENATE TO OPPOSE THE PREVAIL ACT. THIS OP-ED EMPHASIZES THE IMPORTANCE OF A ROBUST INTER PARTES REVIEW (IPR) SYSTEM TO SHIELD BUSINESSES FROM EXPLOITATIVE LITIGATION TACTICS. UFPR HAS NOT ONLY OPPOSED POTENTIALLY HARMFUL LEGISLATION LIKE THE PREVAIL ACT, THE PATENT ELIGIBILITY RESTORATION ACT, AND THE RESTORE ACT, BUT HAS ALSO SUBMITTED DETAILED COMMENTS TO THE USPTO. THESE COMMENTS EXPRESS A FIRM STANCE ON MAINTAINING THE INTEGRITY OF THE AMERICA INVENTS ACT (AIA) AND SUPPORTING INITIATIVES THAT REINFORCE THE RELIABILITY OF PATENT RIGHTS. BY ENGAGING IN THESE ADVOCACY ACTIONS, UFPR CONTINUES TO CHAMPION A PATENT ENVIRONMENT THAT FOSTERS INNOVATION AND PROTECTS BUSINESSES FROM OVERREACHING PATENT CLAIMS.

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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 $150,000
Program Service Revenue $450,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $600,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $378,860
TOTAL EXPENSES $378,860

Year-over-Year Comparison

2024 2023 Change
Revenue $600,000 $490,000 +0.2%
Expenses $378,860 $421,738 -0.1%
Net Income $221,140 $68,262 +2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE MARTZ PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRIS MOHR VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
LAURA SHERIDAN TREASURER 2.00
Officer 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
2024 $600,000 $378,860 $311,109 $221,140
2023 $490,000 $421,738 $121,766 $68,262
2022 $350,000 $387,684 $23,111 $-37,684
2021 $350,000 $369,006 $61,991 $-19,006
2020 $250,000 $225,546 $78,397 $24,454
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