THE CAMPBELL FOUNDATION

EIN: 620548038 501(c)(3)

GERMANTOWN, TN

Total Revenue
$4,454,525
Total Expenses
$3,607,445
Total Assets
$14,059,336
Net Assets
$13,852,089
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
TN
Principal Officer
JENNIFER T KOLTNOW
Phone
9017595490
Tax Period
2024-01-01 to 2024-12-31

THE CAMPBELL FOUNDATION, founded in 1947, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $847K, a strong 19% operating margin.

Mission

THE MISSION IS TO ENHANCE THE QUALITY OF LIFE THROUGH THE SCIENCE OF ORTHOPAEDIC MEDICINE WITH A STRONG COMMITMENT TO SURGEON EDUCATION, ORTHOPAEDIC RESEARCH, AND COMMUNITY HEALTHCARE. THE CAMPBELL FOUNDATION PROVIDES A RESIDENCY AND FELLOWSHIP TRAINING PROGRAM FOR DOCTORS SPECIALIZING IN ORTHOPAEDIC SURGERY, CONDUCTS PROMISING RESEARCH TO DISCOVER NEW TREATMENTS AND THERAPIES FOR ORTHOPAEDIC CONDITIONS, AND PUBLISHES ARTICLES IN NATIONAL AND INTERNATIONAL JOURNALS AS WELL AS CHAPTERS FOR ORTHOPAEDIC TEXTBOOKS.

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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 $3,861,911
Program Service Revenue $0
Investment Income $691,624
Other Revenue $-99,010
TOTAL REVENUE $4,454,525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,624,213
Fundraising Expenses $541,364
Program Expenses $2,719,169
Other Expenses $1,983,232
TOTAL EXPENSES $3,607,445

Year-over-Year Comparison

2024 2023 Change
Revenue $4,454,525 $3,250,511 +0.4%
Expenses $3,607,445 $3,289,429 +0.1%
Net Income $847,080 $-38,918 -22.8%
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
17
Independent Members
17
Employees
27
Volunteers
17

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
8
$169,840
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY E STAVRUM CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR FREDERICK M AZAR CHIEF STAFF OFFICER 1.00
Officer Director
$0 $0 $0
DR JAMES H BEATY PRESIDENT 1.00
Officer Director
$0 $0 $0
PEG MURPHY BRANYAN DEVELOPMENT CHAIR 1.00
Officer Director
$0 $0 $0
KELLY P LUTTRELL FINANCE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
DR DEREK M KELLY TRUSTEE 1.00
Director
$0 $0 $0
DR DAVID G LAVELLE TRUSTEE 1.00
Director
$0 $0 $0
DR SANTOS F MARTINEZ TRUSTEE 1.00
Director
$0 $0 $0
DR WILLIAM M MIHALKO TRUSTEE 1.00
Director
$0 $0 $0
DR G ANDREW MURPHY TRUSTEE 1.00
Director
$0 $0 $0
FRANK T NAVARRA TRUSTEE 1.00
Director
$0 $0 $0
DAVID T POPWELL TRUSTEE 1.00
Director
$0 $0 $0
DR JEFFREY R SAWYER TRUSTEE 1.00
Director
$0 $0 $0
DR THOMAS W THROCKMORTON TRUSTEE 1.00
Director
$0 $0 $0
DR NORFLEET B THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
BARBARA WILLIAMSON TRUSTEE 1.00
Director
$0 $0 $0
GARY K WUNDERLICH JR TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER T KOLTNOW EXECUTIVE DIRECTOR 40.00
Officer
$166,640 $3,200 $169,840
DANIEL H SHUMATE CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $0 $0
TIMOTHY DUFFY CHIEF FINANCIAL OFFICER 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
2024 $4,454,525 $3,607,445 $14,059,336 $847,080
2023 $3,250,511 $3,289,429 $12,493,396 $-38,918
2022 $3,240,754 $2,818,853 $11,180,012 $421,901
2021 $3,259,184 $2,621,897 $12,386,633 $637,287
2020 $3,696,757 $2,309,071 $11,210,784 $1,387,686
2019 $2,826,344 $2,397,176 $10,244,080 $429,168
2018 $3,787,170 $2,483,840 $8,802,456 $1,303,330
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