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National Osteoporosis Foundation



Also Known As: NOF
1232 22nd St, NW
Washington, DC 20037

GENERAL INFORMATION

Contact: Bob Bennett, Senior Development Officer
Telephone: (202) 223-2226
Fax: (202) 223-2237
E-mail: bob@nof.org
Web Site:www.nof.org

Who We Are

The National Osteoporosis Foundation (NOF) is the nation's leading voluntary health organization dedicated to promoting bone health, reducing the incidence of osteoporosis and ultimately eliminating the widespread prevalence of osteoporosis. Through research, education and advocacy, NOF has become the leading authority for patients, health professionals and the public for osteoporosis information, programs and services.

  • This organization is a 501(c)(3) Public Charity .
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's December 31, 2007 Form 990.
  • Additional narrative information in this report was last supplied by the organization on February 26, 2009.
  • It makes its audited financial statements available to the public upon request.
  • Contributions are deductible, as provided by law.

How to Help

This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.

Location(s) Served

  • National

NTEE Code

  • G50—Nerve, Muscle and Bone Diseases
EIN: 36-3350532
Year Founded: 1984
Ruling Year: 1985
Fiscal Year: December 31, 2007
Assets: $10,112,132 (from Dec 31, 2007 Form 990)
No. of Board Members: 28
No. of Full-Time Employees: 21-100
No. of Part-Time Employees: 1-5
No. of Volunteers: 21-100

Chief Executive

Mr. Leo Schargorodski

Chief Executive Profile

Mr. Schargorodski has more than 30 years experience in the not-for-profit field. Immediately prior to joining NOF, he served as Executive Director of the American Nurses Foundation and Chief Development Officer for the American Nurses Association. Prior health agency experience included working for the American Diabetes Association and the March of Dimes Birth Defects Foundation.

BOARD OF DIRECTORS

Name

Title

Barbara Levin
Hon. Paul G. Rogers
Michael Kleerekoper, MD
Judith Palcic Hulka
Robert R. Recker
Wesley D. Tate
Carol Saline
Hon. Daniel A. Mica
Rina Spence
Kathleen S. Kuntzman
Deborah T. Gold, PhD
Lawrence G. Raisz, MD
Ethel S. Siris, MD
Judy A. Black
Robert Lindsay, MD, PhD
Robert F. Gagel, MD
Yank D. Coble, Jr., MD
Connie M. Weaver, PhD
Thomas A. Einhorn, MD
Bess Dawson-Hughes, MD
Judith A. Thomas
William L. Ashton
Rita E. Norton
Henry H. Osborne
C. Conrad Johnston, Jr., MD
Eric S. Orwoll, MD
Gregory R. Mundy, MD
David R. Drobis

MISSION AND PROGRAMS

Mission

To prevent osteoporosis, to promote lifelong bone health, to help improve the lives of those affected by osteoporosis and related fractures, and to find a cure. The Foundation seeks to:

* Increase public awareness and knowledge about osteoporosis

* Provide education and training programs for health professionals

* Advocate for an expanded federal medical research effort

* Provide information and services to patients and their families

* Provide direct financial support for research.

Programs

Achievements

* Successfully advocated for the creation of a multimillion dollar federal research program.

* Successfully advocated for increased federal appropriations for research on osteoporosis and bone health.

* Conducted and published clinical research programs.

* Led effort to achieve a national Medicare reimbursement policy on bone density tests (July 1998)

* Was awarded a multimillion dollar grant to establish the NIH Osteoporosis & Related Bone Diseases National Resource Center

* Published and continues to disseminate the first Physicians Guide to Prevention and Treatment of Osteoporosis

* Conducts the International Symposium on Osteoporosis for health care providers annually

* Founder of Osteoporosis Awareness and Prevention Month - May

* Conducts major public education campaigns - for example, NOF obtained $3 million to launch national bone health campaign aimed at teenagers

* Develops and leads networks and coalitions, support groups, professional partners network of clinics, hospitals, and academic centers.

* Conducts Patient Information Center staffed by nurses for one-on-one counseling and referral

GOALS AND RESULTS

Accomplishments for Fiscal Year Ending December 31, 2007

  1. Successfully advocated for increased federal appropriations for research on osteoporosis and bone health.
  2. In April, NOF hosted the 7th International Symposium on Osteoporosis: Translating Research into Clinical Practice in Washington, DC

Objectives for Fiscal Year Beginning January 1, 2008

  1. Creation of a national action plan - To elevate osteoporosis and bone health on the national health agenda and implement the recent Surgeon General's Report on Bone Health and Osteoporosis, NOF advocates for federal support for the creation of a national action plan for bone health and osteoporosis.
  2. Access to quality osteoporosis care - To ensure osteoporosis patients and those at risk for the disease have access to medications, testing and treatment options, NOF advocates for comprehensive private and public health insurance coverage.
  3. Comprehensive prevention and education - NOF advocates for federal and state funding of public prevention and education programs on osteoporosis and bone health.

FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending December 31, 2007

REVENUE  
Contributions $5,273,846
Government Grants $523,304
Program Services $92,216
Investments $108,307
Special Events ($16,236)
Sales $0
Other $563,418
Total Revenue $6,544,855
EXPENSES  
Program Services $4,737,661
Administration $308,423
Other $1,797,370
Total Expenses $6,843,454
Net Gain/Loss ($298,599)

Balance Sheet: Fiscal Year Ending December 31, 2007

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

ASSETS January 1, 2007 December 31, 2007 Change
Cash & Equivalent $1,930,046 $783,859 ($1,146,187)
Accounts Receivable $369,617 $466,301 $96,684
Pledges & Grants Receivable $785,832 $491,180 ($294,652)
Receivable / Other $0 $0 $0
Inventories for Sale of Use $80,899 $81,378 $479
Investment/Securities $1,582,494 $2,514,284 $931,790
Investment/Other $0 $0 $0
Fixed Assets $5,601,492 $5,414,317 ($187,175)
Other $482,626 $360,813 ($121,813)
Total Assets $10,833,006 $10,112,132 ($720,874)
LIABILITIES January 1, 2007 December 31, 2007 Change
Accounts Payable $299,740 $342,795 $43,055
Grants Payable $75,000 $75,000 $0
Deferred Revenue $380,691 $62,731 ($317,960)
Loans and Notes $0 $0 $0
Tax-Exempt Bond Liabilities $3,640,000 $3,530,000 ($110,000)
Other $310,071 $368,875 $58,804
Total Liabilities $4,705,502 $4,379,401 ($326,101)
FUND BALANCE $6,127,504 $5,732,731 ($394,773)


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