FOCUSED ULTRASOUND FOUNDATION Charity Report

Public IRS 990 nonprofit record

FOCUSED ULTRASOUND FOUNDATION

EIN 20-5744808 · Surgical Specialties (G9B)

What they do

ORGANIZE, CONDUCT, and FUND RESEARCH, FOSTER COLLABORATION THROUGH MEETINGS, SYMPOSIA and WORKSHOPS, CULTIVATE THE NEXT GENERATION THROUGH FELLOWSHIPS and INTERNSHIPS, and COLLECT and DISSEMINATE KNOWLEDGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.18%of revenue went to mission work79.3% of expenses · Program services

8.05%of revenue went to fundraising8.5% of expenses

$94.76spent for every $100 of revenueRevenue covered expenses this year.

11.54%of revenue went to management and office costs12.2% of expenses

$2.48in assets for every $1 spent this yearSome assets cannot be spent right away.

89.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $568,215 for NEAL F KASSELL (PRESIDENT, CHAIRMAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,634,446

Mission workProgram services$12,505,09375.18% of revenue79.3% of expenses

ManagementOffice and general costs$1,919,03811.54% of revenue12.2% of expenses

FundraisingAsking for donations$1,339,3538.05% of revenue8.5% of expenses

Revenue left after expensesReported annual surplus$870,9625.24% of revenueShown in gray on the chart

Total expenses$15,763,48494.76% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.3% mission · 12.2% management · 8.5% fundraisingTotal expenses: 94.76% of revenue

2023Expense mix: 76.4% mission · 12.6% management · 11.0% fundraisingTotal expenses: 156.12% of revenue

2022Expense mix: 78.6% mission · 12.2% management · 9.2% fundraisingTotal expenses: 108.81% of revenue

2021Expense mix: 75.0% mission · 13.3% management · 11.7% fundraisingTotal expenses: 109.08% of revenue

2020Expense mix: 72.9% mission · 13.6% management · 13.5% fundraisingTotal expenses: 28.15% of revenue

2019Expense mix: 72.9% mission · 14.4% management · 12.7% fundraisingTotal expenses: 95.81% of revenue

2018Expense mix: 73.7% mission · 15.1% management · 11.2% fundraisingTotal expenses: 46.01% of revenue

2017Expense mix: 73.5% mission · 15.4% management · 11.1% fundraisingTotal expenses: 91.77% of revenue

Money in and money out

Revenue$16,634,446

Expenses$15,763,484

Annual surplus $870,962 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,505,093 · 79.3% of expenses

Management and office costs$1,919,038 · 12.2% of expenses

Fundraising$1,339,353 · 8.5% of expenses

See all reported dollar amounts

Revenue$16,634,446

Expenses$15,763,484

Assets$39,119,092

Income$16,634,446

Contributions$14,808,618

Mission work (program services)$12,505,093

Fundraising$1,339,353

Grants given$9,310,179

Average grant$84,638

Management and general$1,919,038

Executive compensation (total)$458,486

Stocks and bonds$19,697,416

Accounting fees$45,775

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

NEAL F KASSELLPRESIDENT, CHAIRMAN · 40 hrs/week $568,215Base $552,353 · Other $15,862

TIMOTHY MEAKEMCHIEF MEDICAL OFFICER · 40 hrs/week $343,617Base $304,052 · Other $39,565

EMILY WHITEDIRECTOR OF OPERATIONS · 40 hrs/week $343,172Base $310,264 · Other $32,908

CHRETIEN MOONENMANAGING DIRECTOR RESEARCH & EDUCATION · 40 hrs/week $323,399Base $275,897 · Other $47,502

RICK HAMILTONCHIEF TECHNOLOGY OFFICER · 40 hrs/week $298,430Base $261,955 · Other $36,475

LAUREN HADLEYASSOC. DIRECTOR RESEARCH & EDUCATION · 40 hrs/week $268,356Base $241,537 · Other $26,819

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

NEAL F KASSELLPRESIDENT, CHAIRMAN

TIMOTHY MEAKEMCHIEF MEDICAL OFFICER

EMILY WHITEDIRECTOR OF OPERATIONS

CHRETIEN MOONENMANAGING DIRECTOR RESEARCH & EDUCATION

RICK HAMILTONCHIEF TECHNOLOGY OFFICER

LAUREN HADLEYASSOC. DIRECTOR RESEARCH & EDUCATION

WILLIAM A HAWKINS IIIDIRECTOR

CHARLES WICKLIFFE MOORMANDIRECTOR

STEVE RUSCKOWSKIDIRECTOR

SHIRLEY LIN SYARUDIRECTOR

SCOTT BEARDSLEYDIRECTOR

MICHAEL MILKENDIRECTOR

MICHAEL LINCOLNDIRECTOR

KURT WOERPEL IIICFO, SECRETARY

JOHN GRISHAMVICE PRESIDENT

GARY SHAPIRODIRECTOR

FREDERIC H MOLLDIRECTOR

FREDA LEWIS-HALLDIRECTOR

About this charity

Recognized since: January 2007
Location: 1230 CEDARS CT STE 206, CHARLOTTESVLE, VA 22903-5800
County: Charlottesville (city)
In care of: % DEAN M JOHNSON
Primary officer: KURT WOERPEL III, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@fusfoundation.org Phone(434) 220-4993

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KEITER STEPHENS HURST GARY & SHREAVES
NTEE classification: Surgical Specialties (G9B)
IRS tax category: Surgical Specialties
Grant-giving organization: Yes