Overview
What is Boston Biostatistics Research Foundation Inc?
Boston Biostatistics Research Foundation Inc is a nonprofit organization that specializes in statistical medical research. Their primary focus lies in conducting data analyses for various public health studies. These studies have encompassed breast cancer diagnosis using optoacoustics, colorectal cancer screening with a stool-based DNA test, managing hyperkalemia using an oral sorbent, and cardiac remodeling utilizing stem cells. The foundation has submitted four research papers on breast cancer imaging and hyperkalemia treatment, had twelve abstracts accepted for presentations, and delivered eight talks on these topics. They continue to review publications for medical journals, contributing to advancements in the medical field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Boston Biostatistics Research Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The score is primarily derived from their financial practices, which show strengths in asset management and program expenses. Notably, the foundation manages to allocate over 82% of its expenses directly to its programs, which is a positive indicator of its mission-driven approach.
However, the organization exhibits significant weaknesses in governance, with no independent board members, which raises concerns about the oversight and decision-making processes. Furthermore, several important policies are missing, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and integrity within the organization.
Overall, while the foundation demonstrates strong financial ratios and program expense management, the lack of independent governance and missing policies suggest areas for improvement. Stakeholders and potential donors may want to consider these factors when evaluating the foundation's effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Biostatistics Research Foundation Inc legitimate?
Boston Biostatistics Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Biostatistics Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $216,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,000
For more financial information, click here
What is the mission statement of Boston Biostatistics Research Foundation Inc?
The Boston Biostatistics Research Foundation Inc is primarily focused on conducting statistical medical research. Their mission involves analyzing data for various public health studies, with a focus on breast cancer diagnosis, colorectal cancer screening, hyperkalemia treatment, and cardiac remodeling using stem cells. They have contributed to the medical field by submitting four research papers and presenting eight talks on these topics at conferences. Furthermore, the foundation continues to review publications for medical journals, demonstrating their commitment to advancing scientific knowledge in these areas.
Who is the CEO of Boston Biostatistics Research Foundation Inc?
Philip T Lavin is the Pres/Treas/C of Boston Biostatistics Research Foundation Inc.
What is the revenue of Boston Biostatistics Research Foundation Inc?
Boston Biostatistics Research Foundation Inc's revenue in 2022 was $1,455,633.
Who are the executives of Boston Biostatistics Research Foundation Inc and what are their salaries?
The average compensation at Boston Biostatistics Research Foundation Inc during 2022 was $132,000. There are 3 employees at Boston Biostatistics Research Foundation Inc.
There is 1 key member and their salary:
- Compensation: $216,000
- Related: $0
- Other: $25,624
Where can I find the form 990 for Boston Biostatistics Research Foundation Inc?
Boston Biostatistics Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston Biostatistics Research Foundation Inc
Boston Biostatistics Research Foundation, in its mission, focuses on conducting statistical medical research. The organization has been instrumental in analyzing data for various public health studies, including breast cancer diagnosis using optoacoustics, colorectal cancer screening using a stool-based DNA test, hyperkalemia using an oral sorbent, and cardiac remodeling using stem cells. Their research efforts have resulted in the submission of four papers for publication in medical journals, the acceptance of twelve abstracts for presentations, and the delivery of eight talks on breast cancer imaging, colorectal cancer screening, and hyperkalemia treatment. The foundation continues to review publications for medical journals, demonstrating its commitment to advancing medical knowledge and improving health outcomes.
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Impact
July, 2024
Boston Biostatistics Research Foundation Inc's impact lies in its significant contributions to statistical medical research. The foundation has played a crucial role in conducting data analyses for various public health studies focusing on important areas such as breast cancer diagnosis, colorectal cancer screening, hyperkalemia treatment, and cardiac remodeling. Their work has resulted in the submission of four papers on breast cancer imaging and hyperkalemia treatment, acceptance of twelve abstracts for talks, and the delivery of eight talks on subjects like breast cancer imaging, colorectal cancer screening, and hyperkalemia treatment. Additionally, the foundation continues to review publications for medical journals, ensuring that their findings are disseminated widely within the scientific community. Their dedication to advancing scientific knowledge in the field of biostatistics is commendable and underscores their commitment to making meaningful contributions to public health research.
This information is meant to be a general summary of Boston Biostatistics Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $439,993
- Program Service Revenue: $953,140
- Gross Receipts: $1,455,633
Assets and Liabilities:
- Total Assets: $12,758,102
- Total Liabilities: $0
- Net Assets: $12,758,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIOSTATISTICAL RESEARCH
Revenue
$953,140
Organization Details
Founding Year
1988
Phone
(508) 872-5404Principal Officer
Philip T Lavin
Main Address
3 CAHILL PARK DRIVE, FRAMINGHAM, MA, 01702
NTEE Category
Code: U50Z - Science research
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