Rome Foundation

Gastrointestinal Disorders

Raleigh, NC
Tax-exempt since Oct. 1997
EIN: 54-1808958

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Digestive Disease, Disorder Research (NTEE)

Donations to this organization are tax deductible.

Revenue

$2.67M (2023)

Expenses

$3.01M (2023)

Total Assets

$1.61M (2023)

Total Liabilities

$64.6k (2023)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,673,485

Expenses

$3,006,127

Net Income

-$332,642

Net Assets

$1,540,701

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,146,518	42.9%
Program Services	$1,511,123	56.5%
Investment Income	$6,555	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,289	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$251,659	8.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$297,604	9.9%

Assets/Debt
Total Assets	$1,605,282
Total Liabilities	$64,581
Net Assets	$1,540,701

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas A Drossman (Ceo)	$114,000	$0	$0
Johannah Ruddy (Coo)	$60,663	$0	$0
Jan Tack (President)	$34,500	$0	$0
Ami Sperber (Director)	$10,129	$0	$0
Tanya Murphy (Executive Dir.)	$4,167	$0	$0
Max Schmulson (Director)	$3,500	$0	$0
Magnus Simren (Director)	$3,500	$0	$0
Giovanni Barbara (Director)	$3,500	$0	$0
Lin Chang (Director)	$3,000	$0	$0
William Chey (Director)	$3,000	$0	$0
Samuel Nurko (Director)	$3,000	$0	$0
Laurie Keefer (Director)	$3,000	$0	$0
Xiucai Fang (Director)	$3,000	$0	$0
Brian Lacy (Director)	$2,700	$0	$0

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990

Filed on Oct. 23, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$2,409,224

Expenses

$2,226,248

Net Income

$182,976

Net Assets

$1,828,407

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,268,972	52.7%
Program Services	$1,125,765	46.7%
Investment Income	$14,487	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$277,840	12.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$259,788	11.7%

Assets/Debt
Total Assets	$1,884,472
Total Liabilities	$56,065
Net Assets	$1,828,407

Compensation

Key Employees and Officers	Compensation	Related	Other
Johannah Ruddy (Executive Dir.)	$126,838	$0	$0
Douglas A Drossman (Ceo)	$116,000	$0	$0
Jan Tack (President)	$35,000	$0	$0
Ami Sperber (Director)	$13,000	$0	$0
Max Schmulson (Director)	$10,500	$0	$0
Samuel Nurko (Director)	$9,500	$0	$0
Lin Chang (Director)	$8,750	$0	$0
Magnus Simren (Director)	$8,250	$0	$0
William Chey (Director)	$7,000	$0	$0
Brian Lacy (Director)	$6,750	$0	$0
Laurie Keefer (Director)	$6,500	$0	$0
Giovanni Barbara (Director)	$3,500	$0	$0
Xiucai Fang (Director)	$0	$0	$0

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990

Filed on May 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$710,540

Expenses

$779,786

Net Income

-$69,246

Net Assets

$1,800,576

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$291,326	41.0%
Program Services	$390,704	55.0%
Investment Income	$10,838	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,145	2.3%
Net Inventory Sales	$0
Other Revenue	$1,527	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$127,794	16.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$127,183	16.3%

Assets/Debt
Total Assets	$1,809,480
Total Liabilities	$8,904
Net Assets	$1,800,576

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2021

Revenue

$2,743,160

Expenses

$1,598,607

Net Income

$1,144,553

Net Assets

$1,869,822

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,113,550	40.6%
Program Services	$1,623,696	59.2%
Investment Income	$9,039	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$6,288
Net Inventory Sales	$0
Other Revenue	$3,163	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$238,773	14.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$226,019	14.1%

Assets/Debt
Total Assets	$1,908,541
Total Liabilities	$38,719
Net Assets	$1,869,822

Compensation

Key Employees and Officers	Compensation	Related	Other
Johannah Ruddy (Executive Dir.)	$112,731	$0	$0
Douglas A Drossman (Coo)	$101,042	$0	$0
Jan Tack (President)	$25,000	$0	$0
Lin Chang (Director)	$13,500	$0	$0
Laurie Keefer (Director)	$10,500	$0	$0
William Chey (Director)	$9,500	$0	$0
Brian Lacy (Director)	$6,500	$0	$0
Samuel Nurko (Director)	$4,000	$0	$0
Max Schmulson (Director)	$0	$0	$0
Magnus Simren (Director)	$0	$0	$0
Giovanni Barbara (Director)	$0	$0	$0
Ami Sperber (Director)	$0	$0	$0
Xiucai Fang (Director)	$0	$0	$0

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990

Filed on Dec. 10, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending June
2020

Revenue

$1,969,282

Expenses

$1,558,160

Net Income

$411,122

Net Assets

$526,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,239,251	62.9%
Program Services	$729,072	37.0%
Investment Income	$678	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$281	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$208,612	13.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$159,132	10.2%

Assets/Debt
Total Assets	$759,295
Total Liabilities	$232,776
Net Assets	$526,519

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas A Drossman (Coo)	$107,000	$0	$0
Johannah Ruddy (Executive Dir.)	$97,545	$0	$0
Jan Tack (President)	$25,000	$0	$0
William Chey (Director)	$11,500	$0	$0
Brian Lacy (Director)	$10,000	$0	$0
Laurie Keefer (Director)	$9,000	$0	$0
Lin Chang (Director)	$8,000	$0	$0
Samuel Nurko (Director)	$6,500	$0	$0
Max Schmulson (Director)	$0	$0	$0
William Whitehead (Director)	$0	$0	$0
John Kellow (Director)	$0	$0	$0
Magnus Simren (Director)	$0	$0	$0
Giovanni Barbara (Director)	$0	$0	$0
Ami Sperber (Director)	$0	$0	$0

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990

Filed on Dec. 1, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending June
2019

Revenue

$1,793,106

Expenses

$1,604,868

Net Income

$188,238

Net Assets

$162,835

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$594,386	33.1%
Program Services	$1,198,823	66.9%
Investment Income	$31	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$203
Other Revenue	$69	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$343,169	21.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$250,280	15.6%

Assets/Debt
Total Assets	$230,305
Total Liabilities	$67,470
Net Assets	$162,835

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas A Drossman (President)	$160,100	$0	$0
Johannah Ruddy (Executive Dir.)	$87,315	$0	$0
Lin Chang (Director)	$8,700	$0	$0
William Chey (Director)	$8,700	$0	$0
Laurie Keefer (Director)	$3,000	$0	$0
William Whitehead (Director)	$2,000	$0	$0
Samuel Nurko (Director)	$1,000	$0	$0
Max Schmulson (Director)	$0	$0	$0
John Kellow (Director)	$0	$0	$0
Jan Tack (Director)	$0	$0	$0
Magnus Simren (Director)	$0	$0	$0
Giovanni Barbara (Director)	$0	$0	$0
Ami Sperber (Director)	$0	$0	$0

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990

Filed on Sept. 16, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2018

Revenue

$1,328,187

Expenses

$1,758,691

Net Income

-$430,504

Net Assets

-$29,182

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$846,920	63.8%
Program Services	$481,266	36.2%
Investment Income	$48	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,074
Net Inventory Sales	$0
Other Revenue	$2,027	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$130,190	7.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$168,209	9.6%

Assets/Debt
Total Assets	$91,291
Total Liabilities	$120,473
Net Assets	-$29,182

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas A Drossman (President)	$109,177	$0	$0
Williard Hilliard (Executive Dir.)	$88,400	$0	$0
Johannah Ruddy (Executive Dir.)	$41,790	$0	$0
William Whitehead (Director)	$4,318	$0	$0
William Chey (Director)	$4,000	$0	$0
Lin Chang (Director)	$621	$0	$0
Max Schmulson (Director)	$0	$0	$0
John Kellow (Director)	$0	$0	$0
Jan Tack (Director)	$0	$0	$0
Magnus Simren (Director)	$0	$0	$0
Giovanni Barbara (Director)	$0	$0	$0
Ami Sperber (Director)	$0	$0	$0
Samuel Nurko (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2017

Revenue

$1,312,028

Expenses

$1,831,706

Net Income

-$519,678

Net Assets

$401,322

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$813,011	62.0%
Program Services	$468,674	35.7%
Investment Income	$218	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$29,125	2.2%
Net Inventory Sales	$0
Other Revenue	$1,000	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$229,847	12.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$591,654
Total Liabilities	$190,332
Net Assets	$401,322

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas A Drossman Md (President)	$100,000	$0	$0
Wink Hilliard (Executive Di)	$88,847	$0	$0
Max Schmulson Md (Director)	$5,000	$0	$0
Lin Chang Md (Director)	$4,250	$0	$0
William Chey Md (Director)	$4,000	$0	$0
William E Whitehead Phd (Director)	$3,750	$0	$0
Fernando Azpiroz Md Phd (Director)	$0	$0	$0
John Kellow Md Fracp (Director)	$0	$0	$0
Jan Tack Md Phd (Director)	$0	$0	$0
Magnus Simren Md Phd (Director)	$0	$0	$0
Giovanni Barbara Md (Director)	$0	$0	$0
Ami Sperber Md Msph (Director)	$0	$0	$0

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990

Filed on Jan. 26, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending June
2016

Revenue

$1,252,395

Expenses

$1,852,141

Net Income

-$599,746

Net Assets

$921,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,045,500	83.5%
Program Services	$202,465	16.2%
Investment Income	$4,751	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$321
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$230,949	12.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,230,743
Total Liabilities	$309,743
Net Assets	$921,000

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Revenue

$1,256,743

Expenses

$1,717,662

Net Income

-$460,919

Net Assets

$1,520,746

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,012,500	80.6%
Program Services	$233,653	18.6%
Investment Income	$11,007	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$417
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$125,500	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,599,469
Total Liabilities	$78,723
Net Assets	$1,520,746

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Revenue

$916,768

Expenses

$871,121

Net Income

$45,647

Net Assets

$1,871,860

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$802,500	87.5%
Program Services	$99,756	10.9%
Investment Income	$14,512	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$84,400	9.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,871,860
Total Liabilities	$0
Net Assets	$1,871,860

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending June
2013

Revenue

$1,493,135

Expenses

$864,974

Net Income

$628,161

Net Assets

$1,826,213

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,362,155	91.2%
Program Services	$127,523	8.5%
Investment Income	$2,559	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$898	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$80,200	9.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,976,118
Total Liabilities	$149,905
Net Assets	$1,826,213

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending June
2012

Revenue

$1,705,824

Expenses

$779,727

Net Income

$926,097

Net Assets

$1,213,241

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,624,982	95.3%
Program Services	$66,174	3.9%
Investment Income	$1,250	0.1%
Bond Proceeds	$0
Royalties	$13,418	0.8%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$100,000	12.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,318,817
Total Liabilities	$105,576
Net Assets	$1,213,241

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$728,826

Expenses

$832,737

Net Income

-$103,911

Net Assets

$287,144

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$495,472	68.0%
Program Services	$211,933	29.1%
Investment Income	$1,138	0.2%
Bond Proceeds	$0
Royalties	$19,623	2.7%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$660	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$387,101
Total Liabilities	$99,957
Net Assets	$287,144

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
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Updated December 20, 2024

Rome Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.67M (2023)

Expenses $3.01M (2023)

Total Assets $1.61M (2023)

Total Liabilities $64.6k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$2.67M (2023)

Expenses

$3.01M (2023)

Total Assets

$1.61M (2023)

Total Liabilities

$64.6k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002