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Joint Restoration Foundation

Also known as Jrf Ortho

Centennial, CO · EIN 20-5839402 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Joint Restoration Foundation reported $77.1 million in revenue and $74.7 million in expenses for calendar year 2024. Of every $100 it spent, $95.50 went to program services, $4.50 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $432,248 (PRESIDENT & EXECUTIVE DIRECTOR). 17 people received more than $100,000 in reportable compensation. Revenue rose 53% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $75M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $77M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$432,248$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.58%1.34%
People paid over $100,000
Part VII, line 2
1727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.86.6
Independent voting board members
Part VI 1a–1b
3 of 488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$69M expenses · 96.2% of program spending · revenue $77M

Distribution: the Joint Restoration Foundation (the organization) maximizes the gift of human donated tissue by restoring movement and enhancing the quality of life for recipients of this tissue. As the leading provider of fresh cartilage allografts for joint repair, and one of the nation's largest providers of allograft tissue for sports medicine, the organization works with the medical community to match clinical indications with the correctly sized allograft tissue to enable successful outcomes (enhanced mobility) for over 4,000 recipients we help annually. The organization's staff are…

$2.5M expenses · 3.5% of program spending · grants $2.3M

Grants, research and charitable contributions: Joint Restoration Foundation (the organization) sponsors various university research programs with the expectation that through innovation, ingenuity and commitment the best clinical results for patients can be achieved. Based on these research efforts and collaborations with external medical advisors, the organization has ongoing programs for improving the processing of allograft tissue. Typical results are greater amounts of usable tissue, satisfying the desire of donors and their families to help others. The organization also provides…

$262K expenses · 0.4% of program spending

Education: Joint Restoration Foundation (the organization) annually conducts/supports 6-8 educational symposiums, surgical training courses, and hands-on clinical sessions with surgeons and allied healthcare providers to affect positive surgical outcomes for patients using allograft tissue. Another critical component of the organization's education and service is attendance and sponsorship of 6-8 nationally recognized surgical conferences. Surgeons and related staff are able to learn about the technology provided by the organization and become more familiar with technical advances using…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & EXECUTIVE DIRECTOR
Director/trustee, officer, 40.00 hrs/week
$367,295$0$64,953$432,248
CLINICAL RESEARCH DIRECTOR
Highest compensated employee, 40.00 hrs/week
$302,047$0$56,159$358,206
VP - FINANCE & OPERATIONAL STRATEGY
Officer, 40.00 hrs/week
$290,033$0$60,588$350,621
COMPLIANCE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$289,144$0$52,677$341,821
DIRECTOR OF BUSINESS PROCESS & TECH.
Highest compensated employee, 40.00 hrs/week
$162,489$0$48,762$211,251
VP - STRATEGIC GROWTH & CUST. CARE
Key employee, 40.00 hrs/week
$189,617$0$13,199$202,816
MARKETING MANAGER
Highest compensated employee, 40.00 hrs/week
$139,648$0$44,567$184,215
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$155,690$0$27,671$183,361

17 people received more than $100,000 in reportable compensation from Joint Restoration Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $986K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$77M$75M95.5%$11M$432,248
2023 ⓘ$69M$68M95.3%$8.7M$427,685
2022 ⓘ$60M$60M95.3%$7.3M$372,398
2021 ⓘ$55M$55M95.3%$7.4M$321,699
2020 ⓘ$50M$48M95.4%$7.5M$458,748
2019 ⓘ$50M$50M95.6%$6.2M$418,250

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 535
  • Volunteers Part I, line 64

Correct a figure or respond

Every number above is copied from Joint Restoration Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Joint Restoration Foundation, you can publish a response that is linked from this page.

Questions people ask

How much of Joint Restoration Foundation's spending goes to programs?

In calendar year 2024, Joint Restoration Foundation reported that 95.5% of its $74.7 million in expenses went to program services, 4.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Joint Restoration Foundation pay its top executive?

The largest total compensation Joint Restoration Foundation reported for one person in calendar year 2024 was $432,248, for the role of PRESIDENT & EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Joint Restoration Foundation get its money?

Of $77.1 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Joint Restoration Foundation a registered charity?

The IRS lists EIN 20-5839402 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202502409349301220 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402909349300215 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332919349300818 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202202979349300830 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113089349303816 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003089349302715 · read the filing

All filings for EIN 20-5839402: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.