BBB Wise Giving Report for
National Osteoporosis Foundation

BBB Wise Giving Report issued September 2007
BBB Wise Giving Report expires October 2009


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: National Osteoporosis Foundation
Address: 1232 22nd Street, NW
  Washington, DC 20037
Phone: 202-223-2226
Web Address: www.nof.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1984, Missouri
Affiliates: None
Stated Purpose: "to prevent osteoporosis, promote lifelong bone health, help improve the lives of those affected by osteoporosis and related fractures and find a cure through programs of awareness, public and health professional education, advocacy and research."

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Evaluation Conclusions

              

National Osteoporosis Foundation (NOF) meets the 20 Standards for Charity Accountability.

In reaching the conclusion that the National Osteoporosis Foundation meets Standard 8 which calls for at least 65% of total expenses to be spent on program service activities, the Alliance considered the fact that the organization incurred $207,133 of rental and related expenses incurred in conjunction with renting a portion of their building to other tenants. If one excludes this amount from revenue and expense (as has been done in the financial summary included in this report), then total program expenses ($3,886,240) are 65% of total expenses ($5,983,419).
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Programs

              

NOF’s professional relations and education programs include developing and distributing osteoporosis educational materials to healthcare professionals, patients and the public; sponsoring meetings and workshops relating to osteoporosis prevention, identification and treatment; and sponsoring continuing medical education programs. NOF publishes two newsletters, "The Osteoporosis Report" for its membership and "Clinical Updates" for health professionals. NOF’s Professional Partners Network® (PPN) is a nationwide affiliation of health professionals in a network of affiliated hospitals/clinics and individual physicians. The PPN membership list is made available to the general public on our website. NOF has designated May as National Osteoporosis Awareness and Prevention Month and, as part of its campaign, NOF develops and disseminates information to both the public and the media to increase awareness of osteoporosis. Information is also provided directly to health fair sponsors, patients and their families. In 2006, NOF had more than 18 million web hits and, through the organization's information/response center NOF had contact with 5,999 individuals and distributed over 19,277 information brochures and packets. Additionally NOF has 78 support groups in 31 states for patients and their families and operates an on-line support system called Linking Up. NOF advocates increased federal spending for osteoporosis research and bone health education, works with states to introduce prevention and education legislation, and works to encourage health insurance companies to cover costs associated with bone density testing. In 2006 NOF awarded three $50,000 research grants to beginning investigators. Some ($378,685 or 10%) of NOF's program activities are carried out in conjunction with fund raising appeals.

For the year ended December 31, 2006, NOF's program expenses were:

  
Patient and community services 1,000,495
Public information and education 817,692
National Resource Center 789,202
Professional relations and education 602,609
Advocacy 445,577
Research 230,665
Total Program Expenses: $3,886,240
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Governance

              

Chief Executive : Leo Schargorodski, Executive Director and CEO
Compensation*:
64,456

Chair of the Board: Honorable Daniel A. Mica
Chair's Profession / Business Affiliation: President & CEO, Credit Union National Association

Board Size: 26

Paid Staff Size: 27

*2006 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. NOF reports that Mr. Schargorodski received $64,456 for the months of September through December 2006. The previous Executive Director, Judith Cranford, was compensated $175,998 for January through August 2006.
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Fund Raising

              

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 26% of related contributions. (Related contributions, which totaled $6,404,957, are donations received as a result of fund raising activities.)
NOF incurred joint costs of $820,899 for informational materials and activities that included fund raising materials. Of those costs $378,685 was allocated to program expenses, $354,692 was allocated to fund raising expenses, and $87,522 was allocated to administrative expenses.
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on NOF's audited financial statements for the year ended December 31, 2006.

Source of Funds  
Legacies and bequests 1,994,984
Special events (net) 1,869,818
Grants and contributions 1,657,160
Federal grants and contracts 759,915
Royalty income 236,999
Publication sales 201,462
Investment income 115,258
Membership dues 109,997
Miscellaneous income 67,106
Unrealized gain on interest rate swap 66,285
In-kind contributions 13,083
Rental income (net) -32,395
Total Income $7,059,672


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Uses of Funds as a % of Total Expenses

Programs: 65%  Fund Raising: 27%  Administrative: 8% 

Total income   $7,059,672
  Program expenses $3,886,240
  Fund raising expenses 1,639,962
  Administrative expenses 457,217
 
Total expenses   $5,983,419
Income in Excess of Expenses   1,076,253
Beginning net assets   5,051,251
Ending net assets   6,127,504
Total liabilities   4,705,502
Total assets   $10,833,006


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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