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Health : Medical Research

Focused Ultrasound Foundation

Accelerating the development and adoption of focused ultrasound

four stars

94.58

1230 Cedars Court Suite 206
Charlottesville, VA 22903
tel: (434) 220-4993   Web Site
EIN: 20-5744808

Board Leadership
Neal Kassell
Foundation Chairman

CEO
Neal Kassell
Foundation Chairman

  Score
(out of 100)
Rating
Overall Score & Rating 94.58 four stars
  Financial 92.34 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Focused Ultrasound Foundation was created to improve quality of life for millions of people living with serious medical disorders by accelerating the development and adoption of focused ultrasound-an early-stage, non-invasive therapeutic technology that has the potential to revolutionize treatment, improve outcomes and reduce costs by serving as an alternative or complement to surgery, radiation therapy, drug delivery, and immunotherapy.

The Focused Ultrasound Foundation was created to improve quality of life for millions of people living with serious medical disorders by accelerating the development and adoption of focused ultrasound-an early-stage, non-invasive therapeutic technology that has the potential to revolutionize treatment, improve outcomes and reduce costs by serving as an alternative or complement to surgery, radiation therapy, drug delivery, and immunotherapy.

Financial

four stars

92.34

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.7%
  Administrative Expenses 14.1%
  Fundraising Expenses 10.0%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 2.01
  Program Expenses Growth 8.0%
  Liabilities to Assets 11.0%
All data for Financial Performance Metrics calculations was provided by Focused Ultrasound Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Focused Ultrasound Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Focused Ultrasound Foundation (VA) 94.58 four stars
Dystonia Medical Research Foundation (IL) 95.34 four stars
Diabetes Action Research and Education Foundation (MD) 89.44 three stars
International Rett Syndrome Foundation (OH) 91.42 four stars
Vascular Cures (CA) 85.41 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,944,184
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $6,944,184
   Program Service Revenue $0
Total Primary Revenue $6,944,184
   Other Revenue $60,322
TOTAL REVENUE $7,004,506
   
EXPENSES  
   Program Expenses $4,727,638
   Administrative Expenses $988,202
   Fundraising Expenses $712,429
TOTAL FUNCTIONAL EXPENSES $6,428,269
   
Payments to Affiliates $0
Excess (or Deficit) for the year $576,237
   
Net Assets $12,624,598

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Focused Ultrasound Technology Research & Advocacy $4,727,638 100.0%

Ratings History
Focused Ultrasound Foundation has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 03/01/2019 94.58 four stars
2016-12 05/01/2018 96.47 four stars
2015-12 04/01/2017 96.16 four stars
2014-12 07/01/2016 90.61 four stars
2014-12 06/01/2016 87.66 three stars
 
CN 2.0
2014-12 02/01/2016 77.13 two stars
2013-12 05/01/2015 88.56 three stars
2012-12 06/01/2014 89.67 three stars
2012-12 05/01/2014 86.32 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-5744808
Name in IRS Master File FOCUSED ULTRASOUND FOUNDATION
NTEE Code G9B
NTEE Classification Surgery
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$385,720 6.00% Neal F. Kassell President

Highly Rated

Charity Name & State Overall Score Overall Rating
Focused Ultrasound Foundation (VA) 94.58 four stars
Ovarian Cancer Research Alliance (NY) 93.28 four stars
Retina Foundation of the Southwest (TX) 92.62 four stars
American Psychiatric Association Foundation (DC) 89.25 three stars
Hearing Health Foundation (NY) 98.23 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Focused Ultrasound Foundation
1230 Cedars Court
Suite 206
Charlottesville, VA 22903
tel: (434) 220-4993
fax: (434) 220-4978
EIN: 20-5744808

Visit Web Site

Board Leadership

Neal Kassell
Foundation Chairman

CEO

Neal Kassell
Foundation Chairman

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