Overview
What is Food Allergy Research & Education Inc?
Food Allergy Research & Education Inc, based in McLean, Virginia, is a leading nonprofit organization dedicated to advancing research and enhancing the lives of individuals with food allergies. With a team of 73 employees, they grant funds for groundbreaking medical research and seek improvements in the quality of life of those affected. Their initiatives include the FARE Clinical Network, Data Commons, and other medical trials and studies, all aimed at discovering new treatments and providing hope for individuals with food allergies. FARE's mission is to improve the health and wellbeing of food-allergic individuals and is the largest private funder of food allergy research worldwide.
Official website here: www.foodallergy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Food Allergy Research & Education Inc (FARE) has received a perfect score of 100% on Charity Navigator, reflecting its strong commitment to accountability and finance. This exemplary rating indicates that FARE has implemented robust financial practices, including a fully independent board and effective oversight of its financial statements. The organization excels in fundraising efficiency and program expense ratios, ensuring that a significant majority of its resources are directed toward its programs.
User feedback from platforms such as GreatNonprofits reveals a diverse range of opinions. While many clients and advocates praise FARE for its comprehensive resources, support, and advocacy efforts, some criticisms highlight a perceived focus on fundraising over direct educational initiatives. Specific concerns have been raised regarding the organization's responsiveness to broader allergy issues beyond the more commonly recognized allergens, which could leave some individuals feeling underserved.
Overall, FARE is recognized as a vital resource for families dealing with food allergies, providing education, advocacy, and community support. However, it faces challenges in addressing the needs of all food allergy sufferers, particularly those with less common allergens. Despite these criticisms, its financial integrity and dedication to the food allergy community remain its strongest attributes.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Food Allergy Research & Education Inc legitimate?
Food Allergy Research & Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Allergy Research & Education 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: $2,076,967
Professional Fundraising Fees: $1,800
Other Salaries and Wages: $7,124,981
For more financial information, click here
Official website here: www.foodallergy.org
What is the mission statement of Food Allergy Research & Education Inc?
Food Allergy Research & Education Inc, also known as FARE, is dedicated to enhancing the lives and health of individuals grappling with food allergies. As the largest private funder of food allergy research globally, FARE plays a pivotal role in the health and wellness community. Through research grants, FARE strives for breakthroughs in medical research, working tirelessly to improve the lives of those with food allergies and offering them hope through potential new treatments. Some of the initiatives under this umbrella include the FARE Clinical Network, the Data Commons, and various medical trials and studies.
Official website here: www.foodallergy.org
Who is the CEO of Food Allergy Research & Education Inc?
Sung Poblete Phd is the Principal Officer of Food Allergy Research & Education Inc. The CEO's salary of Food Allergy Research & Education Inc is $474,974 and their total compensation is $494,485.
Official website here: www.foodallergy.org
What is the revenue of Food Allergy Research & Education Inc?
Food Allergy Research & Education Inc's revenue in 2022 was $11,889,564.
Official website here: www.foodallergy.org
Who are the executives of Food Allergy Research & Education Inc and what are their salaries?
The average compensation at Food Allergy Research & Education Inc during 2022 was $126,054. There are 73 employees and 10 volunteers at Food Allergy Research & Education Inc.
Here are 20 key members and their salaries (Food Allergy Research & Education Inc's CEO's salary is $474,974 and their total compensation is $494,485):
- Compensation: $474,974
- Related: $0
- Other: $19,511
- Compensation: $461,459
- Related: $0
- Other: $24,585
- Compensation: $398,602
- Related: $0
- Other: $42,962
- Compensation: $289,647
- Related: $0
- Other: $46,233
- Compensation: $246,740
- Related: $0
- Other: $44,360
- Compensation: $238,353
- Related: $0
- Other: $35,738
- Compensation: $234,284
- Related: $0
- Other: $10,880
- Compensation: $229,480
- Related: $0
- Other: $10,524
- Compensation: $198,093
- Related: $0
- Other: $30,241
- Compensation: $216,669
- Related: $0
- Other: $10,973
- Compensation: $180,259
- Related: $0
- Other: $18,639
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.foodallergy.org
Where can I find the form 990 for Food Allergy Research & Education Inc?
Food Allergy Research & Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foodallergy.org
Learn more at the official website: www.foodallergy.org
Mission Statement of Food Allergy Research & Education Inc
Food Allergy Research & Education (FARE) is a leading organization dedicated to enhancing the lives and health of individuals grappling with food allergies. FARE is the largest private contributor to food allergy research worldwide, making it a pivotal player in the broad spectrum of health and wellness collaborations.
In pursuit of its mission, FARE allocates funds towards groundbreaking medical research projects aimed at advancing treatments and improving the quality of life for individuals with food allergies. This commitment extends beyond medical breakthroughs, as FARE strives to provide hope and optimism through the promise of new treatments. Some of FARE's initiatives in this realm encompass the FARE Clinical Network, the Data Commons, and various medical trials and studies.
FARE's mission is twofold: it not only focuses on research but also seeks to make a tangible difference in the everyday lives of those affected by food allergies. By investing in research, FARE aspires to unlock the potential for novel treatments and ultimately, a cure for food allergies. However, the organization understands that the journey towards improved health and wellbeing is multifaceted. Thus, FARE's efforts extend beyond research, encompassing initiatives that directly impact the lives of those with food allergies. Through its various programs and collaborations, FARE is making strides in creating a world where individuals with food allergies can live full and vibrant lives.
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Impact
October, 2024
Food Allergy Research & Education Inc (FARE) significantly impacts the lives of individuals with food allergies by advancing research and improving healthcare outcomes. FARE is the largest private funder of food allergy research globally, dedicating resources to breakthrough studies that aim to enhance the quality of life for those affected by food allergies.
Through initiatives such as the FARE Clinical Network and Data Commons, FARE supports critical medical trials and studies that explore new treatments and therapies. This focus provides individuals with food allergies hope for better management and potential future solutions. By fostering collaboration among healthcare professionals and researchers, FARE plays a pivotal role in shaping the future landscape of food allergy research, ultimately contributing to better health outcomes for millions. Its efforts not only target immediate health improvements but also aim to enhance overall awareness and understanding of food allergy issues within broader health and wellness contexts.
This information is meant to be a general summary of Food Allergy Research & Education 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: $113,363
- Program Service Revenue: $459,981
- Gross Receipts: $18,140,103
Assets and Liabilities:
- Total Assets: $40,457,141
- Total Liabilities: $8,174,680
- Net Assets: $32,282,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARECHECK PROGRAM
Revenue
$213,978
RESEARCH FEES
Revenue
$107,219
CONFERENCE REGISTRATIONS
Revenue
$48,664
EDUCATION COURSE REGISTRATIONS
Revenue
$45,840
PATIENT REGISTRATION FEES
Revenue
$44,280
Organization Details
Founding Year
1996
Phone
(703) 691-3179Principal Officer
Sung Poblete Phd
Main Address
7901 JONES BRANCH DRIVE 240, MCLEAN, VA, 221025303
Website
www.foodallergy.orgNTEE Category
Code: K20 - Food
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