2024-11-04T08:55:47-06:00 2023-12-31 592922169 SALTMARSH CLEAVELAND AND GUND 900 NORTH 12TH AVENUE PENSACOLA FL 32501 990 2023-01-01 465182138 ANDREWS RESEARCH & EDUCATION FOUNDATION ANDR 4482277309 1020 GULF BREEZE PARKWAY GULF BREEZE FL 32561 ASHTON HAYWARD III PRESIDENT 4482277309 2024-10-25 1 1 ALLISON JONES CPA P02434475 8504358300 2024-10-25 2023 2024-10-15 13:58:12Z ASHTON HAYWARD III 1020 GULF BREEZE PARKWAY GULF BREEZE FL 32561 3597178 0 X WWW.ANDREWSREF.ORG X 2014 FL TO BE A LEADER IN THE FIELD OF MUSCULOSKELETAL RESEARCH AND EDUCATION IN ORDER TO ADVANCE THE PREVENTION, TREATMENT, AND REHABILITATION OF ATHLETIC INJURIES AND ENHANCE HUMAN PERFORMANCE AND QUALITY OF LIFE FOR PEOPLE OF ALL AGES. 8 8 17 10 0 0 1554623 3096362 608231 440103 -16362 34658 5417 26055 2151909 3597178 0 0 0 0 1027667 1188685 0 0 84328 1388870 1627823 2416537 2816508 -264628 780670 2342278 3004637 773093 654785 1569185 2349852 X TO BE A LEADER IN THE FIELD OF MUSCULOSKELETAL RESEARCH AND EDUCATION IN ORDER TO ADVANCE THE PREVENTION, TREATMENT, AND REHABILITATION OF ATHLETIC INJURIES AND ENHANCE HUMAN PERFORMANCE AND QUALITY OF LIFE FOR PEOPLE OF ALL AGES. 0 0 1357991 408075 RESEARCH - THE ORGANIZATION PARTNERS WITH INDUSTRY LEADERS TO RESEARCH CUTTING EDGE SOLUTIONS THAT IMPACT THE FUTURE OF ORTHOPAEDICS AND SPORTS MEDICINE. 557818 0 EAGLE FUND - THIS PROGRAM PROVIDES WOUNDED MILITARY PERSONNEL ACCESS TO THE ANDREWS INSTITUTE'S WORLD CLASS PHYSICIANS AND EXOS'S REHABILITATION PROGRAMS. THROUGH THE EAGLE FUND, WOUNDED WARRIORS UNDERGO AN IN-DEPTH EVALUATION TO TAILOR A PERSONALIZED PROGRAM OF RECOVERY TO HELP GET THEM BACK TO DUTY AND A BETTER QUALITY OF LIFE. 204245 54940 EDUCATION - UNDER THE LEADERSHIP AND REPUTATION OF INTERNATIONALLY RENOWNED ORTHOPAEDIC SURGEON DR. JAMES ANDREWS, THE ORGANIZATION FOCUSES ON DELIVERING EDUCATIONAL TRAINING, INJURY PREVENTION, AND OTHER RELEVANT INFORMATION TO PRACTITIONERS, FACULTY, STUDENTS, AND OTHERS IN THE SPORTS MEDICINE COMMUNITY. 162525 FELLOWSHIP - THE FELLOWSHIP PROGRAM PROVIDES GRADUATING RESIDENTS, WHO CHOOSE TO CONTINUE THEIR CAREER IN ORTHOPAEDICS AND SPORTS MEDICINE, AN OPPORTUNITY TO LEARN AND TRAIN WITH MULTIPLE SPECIALTY TRAINED FACULTY IN GULF BREEZE, FLORIDA, DURING A ONE YEAR FELLOWSHIP. DURING THEIR TIME AT THE ORGANIZATION THE FELLOWS ARE EXPOSED TO A WIDE ARRAY OF CLINICAL, SURGICAL AND RESEARCH EXPERIENCE. THEY ARE ALSO PROVIDED WITH THE SKILLS AND TOOLS TO INNOVATE AND SHARE IN THE FIELD OF SPORTS MEDICINE AND ORTHOPAEDICS. 162525 2282579 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 16 0 17 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL X ELLIE HARTSFIELD 8509168577 1020 GULF BREEZE PARKWAY GULF BREEZE FL 32561 ASHTON HAYWARD PRESIDENT 40.00 X X 598809 0 8220 ELLIE HARTSFIELD FINANCE DIRECTOR 40.00 X X 113692 0 687 JAMES R ANDREWS CHAIRMAN OF BOARD 1.00 X X 0 0 0 CHAD MCCAMMON VICE PRESIDENT 1.00 X X 0 0 0 ROGER OSTRANDER DIRECTOR 1.00 X 0 0 0 JERRY PATE DIRECTOR 1.00 X 0 0 0 STEVE JORDAN DIRECTOR 1.00 X 0 0 0 ADAM ANZ DIRECTOR 1.00 X 0 0 0 ERIK NILSSEN DIRECTOR 1.00 X 0 0 0 J NIXON DANIEL III DIRECTOR 1.00 X 0 0 0 712501 0 8907 2 0 1 0 EXOS 1020 GULF BREEZE PKWY GULF BREEZE FL 32561 THERAPY 348160 1 2639135 457227 3096362 RESEARCH 541700 385163 385163 EDUCATION 900099 54940 54940 440103 34658 34658 3143 0 3143 3143 3143 PASS-THROUGH INCOME 900099 19135 19135 OTHER INCOME 900099 3777 3777 22912 3597178 463015 0 37801 721408 616576 104832 332290 283977 48313 134987 116220 18767 23588 14688 8900 72391 45076 27315 2215 882 133 1200 808 703 105 131112 48193 82919 53800 49076 4724 143215 14143 129072 27942 18590 9352 PURCHASED CONTRACTOR SE 388228 388228 MEDICAL SUPPLIES 282931 282931 EDUCATION AND TRAINING 221170 221170 OTHER EXPENSES 175189 79452 12609 83128 105234 102674 2560 2816508 2282579 449601 84328 1552581 1160806 222584 605452 62164 31702 2401692 1195015 464481 1206677 40468 0 2342278 3004637 766768 455875 6325 3860 0 195050 773093 654785 X 1041732 1774063 527453 575789 1569185 2349852 2342278 3004637 780670 -3 0 X 0 1 X 1 1 1 X 1443070 1626405 969807 1554623 3096362 8690267 1443070 1626405 969807 1554623 3096362 8690267 8690267 1 14 34658 34673 15971 3 22912 38886 8763826 4660732 0.99160 0.99700 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: COMMISSION REVENUE - 2019 AMOUNT: $ 15,971. OTHER INCOME - 2022 AMOUNT: $ 3. 2023 AMOUNT: $ 3,777. PASS-THROUGH INCOME - 2023 AMOUNT: $ 19,135. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 317552 186414 131138 1804314 1008601 795713 279826 279826 1206677 RELATED PARTY ACCOUNTS PAYABLE 195050 195050 3605928 8750 8750 3597178 0 3597178 2825258 8750 8750 2816508 0 2816508 X X 0 0 0 1 0 0 0 0 0 ASHTON HAYWARD PRESIDENT 268000 0 330809 0 0 0 0 0 8220 0 607029 0 0 0 PART I, LINE 5 EXECUTIVE INCENTIVE PROGRAM ("EIP") BONUS. EMPLOYEE SHALL BE ENTITLED TO PARTICIPATE IN THE EIP BONUS INCENTIVE PROGRAM EACH CALENDAR YEAR. THE BONUS TARGET GOAL WILL BE UP TO 20% OF EMPLOYEE'S THEN-CURRENT BASE SALARY, AND WILL BE BASED ON PERSONAL AND ORGANIZATIONAL PERFORMANCE OBJECTIVES ESTABLISHED AT THE BEGINNING OF EACH CALENDAR YEAR BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL PROVIDE EMPLOYEE WITH NOTICE, NO LESS FREQUENTLY THAN QUARTERLY, IF EMPLOYEE IS NOT ACHIEVING THE PERFORMANCE OBJECTIVES ESTABLISHED BY IT. IT IS THE INTENT OF THE PARTIES THAT EMPLOYEE SHALL BE ENTITLED TO NOTICE OF ANY PERCEIVED DEFICIENCY IN ACHIEVING SUCH PERFORMANCE OBJECTIVES SO THAT EMPLOYEE SHALL HAVE THE OPPORTUNITY TO CURE SUCH A DEFICIENCY PRIOR TO THE END OF THE CALENDAR YEAR. IN THE ABSENCE OF ANY SUCH NOTICE, EMPLOYEE SHALL BE DEEMED TO HAVE SATISFIED THE PERFORMANCE OBJECTIVES ESTABLISHED BY THE BOARD OF DIRECTORS. AREF SHALL PAY EMPLOYEE ANY EIP BONUS EARNED BY HIM WITHIN 30 DAYS OF THE END EACH CALENDAR YEAR. IN ADDITION, EMPLOYEE SHALL BE ENTITLED TO A EIP BONUS TO BE AWARDED AT THE DISCRETION OF THE BOARD OF DIRECTORS. IN ORDER TO RECEIVE THE BONUS PAYMENT, EMPLOYEE MUST BE ACTIVELY EMPLOYED WITH AREF ON THE DATE THE BONUS IS PAID. BONUS ON FUNDS RAISED, AREF WILL PAY EMPLOYEE A BONUS FOR FUNDS RAISED FOR AREF IN ACCORDANCE WITH THIS PARAGRAPH 3 ("FUNDRAISING BONUS"). FOR EACH CALENDAR YEAR, THE FUNDRAISING BONUS SHALL EQUAL THE PRODUCT OF (I) $5,000 AND (II) THE QUOTIENT (ROUNDED TO THE LOWEST WHOLE NUMBER) OF (A) THE AGGREGATE FAIR MARKET VALUE OF THE MONEY AND PROPERTY RECEIVED BY AREF DURING SUCH CALENDAR YEAR ("ANNUAL RECEIPTS") DIVIDED BY (B) $250,000. FOR EXAMPLE, IF THE ANNUAL RECEIPTS ARE $2,400,000, EMPLOYEE'S FUNDRAISING BONUS FOR THAT YEAR WOULD BE $45,000, DETERMINED AS FOLLOWS: $5,000 X 9 (2,400,000/250,000). FOR PURPOSES OF THIS AGREEMENT, ANNUAL RECEIPTS SHALL ONLY INCLUDE GIFTS, GRANTS AND OTHER SIMILAR GRATUITOUS TRANSFERS AND SHALL NOT INCLUDE RECEIPTS FROM THE SALE OR EXCHANGE OF ANY OF AREF'S PROPERTY OR SERVICES. FURTHERMORE, ANNUAL RECEIPTS SHALL BE REDUCED BY THE AMOUNT OF COSTS INCURRED BY AREF EXCLUSIVELY RELATED TO THE PROCUREMENT OF ANY SUCH MONEY OR PROPERTY, E.G., PAYMENT OF A FEE TO AN OUTSIDE FUNDRAISER. FOR THE AVOIDANCE OF DOUBT, AREF SHALL NOT PAY EMPLOYEE ANY FUNDS CONSTITUTING PAID OF THE ANNUAL RECEIPTS TO THE EXTENT THAT SUCH FUNDS ARE PROHIBITED BY THE GRANTOR, E.G., IN LEGISLATIVE APPROPRIATIONS, FROM BEING USED FOR SUCH COMPENSATION, AND AREF SHALL PAY EMPLOYEE THE FULL AMOUNT OF EACH FUNDRAISING BONUS FROM ANY OTHER FUNDS THAT ARE NOT RESTRICTED, REGARDLESS OF WHETHER THEY CONSTITUTE PART OF THE ANNUAL RECEIPTS. AREF SHALL PAY EMPLOYEE THE FUNDRAISING BONUS WITHIN 30 DAYS OF THE END OF EACH CALENDAR YEAR. BAPTIST HEALTH CARE - CHAD MCCAMMON CHAD MCCAMMON IS THE VICE PRESIDENT FOR BAPTIST HEALTH CARE. 131112 SPACE/RENT 0 ANDREWS MEDICINE - JAMES ANDREWS JAMES ANDREWS OWNS 70% OF ANDREWS MEDICINE. 120000 CONTRIBUTION FOR RESEARCH & SPONSORSHIP 0 BAPTIST HOSPITAL IRB - SEE SCH L SUPPLEMENTAL INFORMATION SEE SCH L SUPPLEMENTAL INFORMATION 11500 APPLICATION FEES FOR RESEARCH 0 ROGER OSTRANDER AMOUNT DUE TO THE DIRECTOR OF THE FELLOWSHIP PROGRAM. 195050 AMOUNT PAYABLE 0 SCHEDULE L, PART IV, LINE 3 BAPTIST HOSPITAL IRB - CHAD MCCAMMON IS THE VICE PRESIDENT OF THE ORTHOPAEDICS SERVICE LINE & AMBULATORY SERVICES AT BHC. STEVE JORDAN AND ADAM ANZ ARE ALSO EMPLOYEES OF BHCS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL EMPLOYEES AND BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST DOCUMENT WHEN THEY ARE INITIALLY HIRED OR JOIN THE BOARD OF DIRECTORS. AREF MANAGEMENT HAS BOARD MEMBERS REVIEW THEIR CONFLICT OF INTEREST DOCUMENT AND MAKE UPDATES TO THEIR POTENTIAL CONFLICTS OF INTEREST AND RE-SIGN THE DOCUMENT AS CHANGES OCCUR. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. OTHER KEY EMPLOYEE'S COMPENSATION IS APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.