STEADMAN PHILIPPON RESEARCH INSTITUTE Charity Report

Public IRS 990 nonprofit record

STEADMAN PHILIPPON RESEARCH INSTITUTE

EIN 88-0245022 · Biomedicine & Bioengineering Research (H92)

What they do

BUILDING ON OUR LEGACY of EXCELLENCE IN ORTHOPAEDIC SPORTS MEDICINE, SPRI is UNLOCKING THE SECRETS of HEALING, FINDING CURES and ENHANCING LIVES THROUGH GLOBAL LEADERSHIP IN REGENERATIVE MEDICINE, SCIENTIFIC RESEARCH, INNOVATION and EDUCATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.50 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 leaders34 people are listed in the latest report.

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

Money made simple

83.04%of revenue went to mission work72.5% of expenses · Program services

11.74%of revenue went to fundraising10.3% of expenses

$114.48spent for every $100 of revenueSpending was higher than revenue this year.

19.70%of revenue went to management and office costs17.2% of expenses

$0.89in assets for every $1 spent this yearSome assets cannot be spent right away.

96.3%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.

Worth asking: Expenses exceeded revenue by $2,049,361 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $661,826 for JOHNNY HUARD (CHIEF SCIENTIFIC OFFICER). 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$14,151,760

Mission workProgram services$11,752,20783.04% of revenue72.5% of expenses

ManagementOffice and general costs$2,787,72219.70% of revenue17.2% of expenses

FundraisingAsking for donations$1,661,19211.74% of revenue10.3% of expenses

Total expenses$16,201,121114.48% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 72.5% mission · 17.2% management · 10.3% fundraisingTotal expenses: 114.48% of revenue

2023Expense mix: 73.5% mission · 15.9% management · 10.6% fundraisingTotal expenses: 116.44% of revenue

2022Expense mix: 72.4% mission · 16.1% management · 11.5% fundraisingTotal expenses: 114.15% of revenue

2021Expense mix: 72.0% mission · 16.0% management · 11.9% fundraisingTotal expenses: 93.12% of revenue

2020Expense mix: 71.4% mission · 19.1% management · 9.5% fundraisingTotal expenses: 93.32% of revenue

2019Expense mix: 72.8% mission · 18.0% management · 9.2% fundraisingTotal expenses: 104.95% of revenue

2018Expense mix: 76.8% mission · 13.2% management · 10.1% fundraisingTotal expenses: 81.78% of revenue

2017Expense mix: 80.4% mission · 9.5% management · 10.1% fundraisingTotal expenses: 102.19% of revenue

Money in and money out

Revenue$14,151,760

Expenses$16,201,121

Annual shortfall $2,049,361 Expenses were higher than revenue 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)$11,752,207 · 72.5% of expenses

Management and office costs$2,787,722 · 17.2% of expenses

Fundraising$1,661,192 · 10.3% of expenses

See all reported dollar amounts

Revenue$14,151,760

Expenses$16,201,121

Assets$14,362,541

Income$15,197,901

Contributions$13,631,292

Mission work (program services)$11,752,207

Fundraising$1,661,192

Grants given$4,572,736

Average grant$457,274

Management and general$2,787,722

Stocks and bonds$270,435

Accounting fees$64,675

Investing fees$17,176

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

JOHNNY HUARDCHIEF SCIENTIFIC OFFICER · 40 hrs/week $661,826Base $646,016 · Other $15,810

DAN DRAWBAUGHCEO/PRESIDENT · 16 hrs/week $514,439Base $513,750 · Other $689

LEE JONESVP OF DEVELOPMENT · 40 hrs/week $355,795Base $343,296 · Other $12,499

SCOTT TASHMANDEVELOPMENT DIRECTOR · 40 hrs/week $312,328Base $291,489 · Other $20,839

SUZANNE PAGEVICE PRESIDENT OF OPERATIONS · 40 hrs/week $309,101Base $296,394 · Other $12,707

KRISTIN MORGANDIRECTOR OF PHILANTHROPY · 40 hrs/week $199,178Base $189,292 · Other $9,886

GEOFF GRAYCFO/TREASURER · 16 hrs/week $166,811Base $160,405 · Other $6,406

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 (34)

JOHNNY HUARDCHIEF SCIENTIFIC OFFICER

DAN DRAWBAUGHCEO/PRESIDENT

LEE JONESVP OF DEVELOPMENT

SCOTT TASHMANDEVELOPMENT DIRECTOR

SUZANNE PAGEVICE PRESIDENT OF OPERATIONS

KRISTIN MORGANDIRECTOR OF PHILANTHROPY

GEOFF GRAYCFO/TREASURER

TED HARTLEYBOARD MEMBER

STEVEN READBOARD MEMBER

SENENNE PHILIPPONBOARD MEMBER

TOM GORRIEBOARD MEMBER

ROBERT HURSTBOARD MEMBER

ROBERT BOURNEBOARD MEMBER

MIKE SHANNONBOARD MEMBER

MARY K NOYESBOARD MEMBER

VANESSA KERZNERBOARD MEMBER

WILL COOKBOARD MEMBER

LARRY MULLEN JRBOARD MEMBER

KENNETH SCHANZERBOARD MEMBER

KEVIN RUDOLPHBOARD MEMBER

AL PERKINSBOARD MEMBER

GEN PETE DAWKINSBOARD MEMBER

GAY L STEADMANBOARD MEMBER

GARY S ROSENBACHBOARD MEMBER

FRANK KRAUSERBOARD MEMBER

DR TOM HACKETTBOARD MEMBER

DR PETER MILLETTBOARD MEMBER

DR MARC PHILIPPONCO-CHAIR

DORIS KIRCHNERBOARD MEMBER

DAMARIS SKOURASBOARD MEMBER

CYNTHIA L NELSONBOARD MEMBER

CHRIS LINDLEYBOARD MEMBER

ANDY DALYBOARD MEMBER

ALEX RAMPELLBOARD MEMBER

About this charity

Recognized since: January 1989
Location: 181 WEST MEADOW DRIVE SUITE 1000, VAIL, CO 81657
County: Eagle
In care of: JEFF GROTON
Primary officer: JEFF GROTON, VP OF FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(970) 479-9797 Officer phone(970) 479-5806

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Biomedicine & Bioengineering Research (H92)
IRS tax category: Biomedicine & Bioengineering Research
Grant-giving organization: Yes