ARTHRITIS NATIONAL RESEARCH FOUNDATION

EIN: 956043953 501(c)(3) Medical Research

IRVINE, CA

Total Revenue
$3,843,856
Total Expenses
$3,995,581
Total Assets
$10,199,224
Net Assets
$9,964,409
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
CA
Principal Officer
EMILY BOYD STORMOEN
Phone
8005882873
Tax Period
2023-04-01 to 2024-03-31

ARTHRITIS NATIONAL RESEARCH FOUNDATION, founded in 1952, is a community nonprofit in the Medical Research sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Net assets of $10.0M represent 31 months of operating reserves.

Mission

TO PROVIDE INITIAL RESEARCH FUNDING TO BRILLIANT, INVESTIGATIVE SCIENTISTS WITH NEW IDEAS TO CURE ARTHRITIS AND RELATED AUTOIMMUNE DISEASES.

Program Service Accomplishments

Program 1
Expenses: $2,862,318

EACH YEAR, ARTHRITIS RESEARCH GRANTS ARE AWARDED TO INDEPENDENT MD AND/OR PHD SCIENTISTS AT UNAFFILIATED RESEARCH FACILITIES AND UNIVERSITIES ACROSS THE COUNTRY. THE ARTHRITIS NATIONAL RESEARCH...

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EACH YEAR, ARTHRITIS RESEARCH GRANTS ARE AWARDED TO INDEPENDENT MD AND/OR PHD SCIENTISTS AT UNAFFILIATED RESEARCH FACILITIES AND UNIVERSITIES ACROSS THE COUNTRY. THE ARTHRITIS NATIONAL RESEARCH FOUNDATION (THE "FOUNDATION") SCIENTIFIC ADVISORY BOARD PERFORMS AN NIH-LEVEL REVIEW OF ALL APPLICATIONS, RANKING THE PROPOSALS AS TO THE EXCELLENCE OF THE SCIENCE, OPPORTUNITY TO MAKE A BREAK-THROUGH DISCOVERY AND THE QUALITY OF THE INVESTIGATOR AWARDEES, WHO RECEIVE A MAXIMUM GRANT OF $125,000. APPLICANTS MUST PROVIDE PROGRESS AND FINAL REPORTS OF THEIR WORK, INCLUDING PUBLICATIONS IN SCIENTIFIC JOURNALS AND PRESENTATIONS AT SCIENTIFIC MEETINGS. IF PROGRESS IS DEEMED SIGNIFICANT IN THE FIRST YEAR, AWARDEES MAY APPLY FOR AND EARN A SECOND YEAR OF SUPPORT.

Program 2
Expenses: $460,014

THE FOUNDATION HAS VARIOUS PROGRAMS TO RAISE AWARENESS WITHIN THE GENERAL PUBLIC, THOSE SUFFERING WITH ARTHRITIS AND THE MEDICAL/SCIENTIFIC RESEARCH COMMUNITIES ABOUT THE IMPORTANCE OF AND NEED FOR...

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THE FOUNDATION HAS VARIOUS PROGRAMS TO RAISE AWARENESS WITHIN THE GENERAL PUBLIC, THOSE SUFFERING WITH ARTHRITIS AND THE MEDICAL/SCIENTIFIC RESEARCH COMMUNITIES ABOUT THE IMPORTANCE OF AND NEED FOR ARTHRITIS RESEARCH FOR DEVELOPING A CURE AND MORE EFFECTIVE TREATMENTS. ALSO PART OF THE EDUCATION COMPONENT IS RAISING AWARENESS OF THE PREVALENCE OF ARTHRITIS AND RELATED AUTOIMMUNE, THE FACT THAT CHILDREN GET ARTHRITIS AND THE CURRENT WORK BEING DONE IN THE FIELD OF ARTHRITIS RESEARCH.

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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 $3,012,868
Program Service Revenue $0
Investment Income $830,988
Other Revenue $0
TOTAL REVENUE $3,843,856

Expense Breakdown

Grants Paid $2,375,000
Salaries & Benefits $983,625
Fundraising Expenses $300,221
Program Expenses $3,322,332
Other Expenses $636,956
TOTAL EXPENSES $3,995,581

Year-over-Year Comparison

2023 2022 Change
Revenue $3,843,856 $2,619,565 +0.5%
Expenses $3,995,581 $3,536,580 +0.1%
Net Income $-151,725 $-917,015 -0.8%
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
12
Independent Members
12
Employees
9
Volunteers
55

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
5
$299,308
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH SALTER CHAIR 1.00
Officer Director
$0 $0 $0
KELLI MATTHEWS VICE CHAIR 1.00
Officer Director
$0 $0 $0
JEFFREY BATES BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS A GRANGER BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG WALSH BOARD MEMBER 1.00
Director
$0 $0 $0
THERESA HANSEN SECRETARY 1.00
Officer Director
$0 $0 $0
STACI STRINGER BOARD MEMBER 1.00
Director
$0 $0 $0
VES VAFADARI TREASURER 1.00
Officer Director
$0 $0 $0
RICH NARIDO BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA BOYD BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN SOUZA BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN LIEW BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY STORMOEN CEO 40.00
Officer
$285,202 $14,106 $299,308
ASHLEY BARROW DIRECTOR OF INDIVIDUAL GIVING 40.00
Highest
$103,735 $523 $104,258
JENNIFER DUNNE DIRECTOR OF MARKETING & COMMUNICATIONS 40.00
Highest
$115,800 $1,548 $117,348
AMANDA GIANINO FORMER VP OF DEVELOPMENT 40.00
$102,859 $0 $102,859
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 $3,843,856 $3,995,581 $10,199,224 $-151,725
2023 $2,619,565 $3,536,580 $9,685,294 $-917,015
2022 $3,794,575 $2,764,033 $11,041,493 $1,030,542
2021 $2,370,276 $2,105,095 $10,233,188 $265,181
2020 $2,566,541 $2,423,729 $7,873,257 $142,812
2020 $2,566,541 $2,423,729 $7,873,257 $142,812
2019 $1,641,213 $2,359,294 $9,003,754 $-718,081
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