Overview
What is The Institute For Ethnomedicine Inc?
The Institute For Ethnomedicine Inc, doing business as Brain Chemistry Labs, is a small nonprofit organization located in Jackson, Wyoming. With a team of five dedicated individuals, this organization is committed to discovering new cures. They achieve this by studying plant medicine and observing patterns of wellness and disease among indigenous communities worldwide. One of their notable findings involves the amino acid L-Serine, which they have identified as a potential drug candidate for the treatment of neurodegenerative diseases, including ALS. Their research has shown that L-Serine, when administered in certain doses, may slow down the progression of these diseases, although it cannot halt or reverse the associated neurodegeneration. They have conducted both in vitro and in vivo experiments, as well as FDA-approved human clinical trials, to further explore L-Serine's potential therapeutic effects.
Official website here: www.ethnomedicine.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Institute For Ethnomedicine Inc Dba Brain Chemistry Labs has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is anchored by a perfect score in financial oversight, indicating a robust commitment to transparency and responsible management of resources. This high rating suggests that the organization is well-managed and effectively utilizes its funds towards its mission.
Strengths highlighted in the evaluations include a majority of independent board members, an efficient audit and oversight committee, and the absence of material asset diversions. The organization also maintains comprehensive policies regarding conflicts of interest and whistleblower protections, which contribute to its strong governance framework. Additionally, a program expense ratio of 85.70% signifies that a significant portion of its budget is allocated directly to its programs.
While the data reflects a strong performance, it's important to note that the rating is based solely on accountability and finance metrics, leaving out other potential factors such as program outcomes or effectiveness. This focus may provide a limited perspective on the full impact of the organization’s work beyond financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is The Institute For Ethnomedicine Inc legitimate?
The Institute For Ethnomedicine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute For Ethnomedicine 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: $329,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,758
For more financial information, click here
Official website here: www.ethnomedicine.org
What is the mission statement of The Institute For Ethnomedicine Inc?
The Institute for Ethnomedicine Inc, operating under the name Brain Chemistry Labs, is dedicated to discovering new cures by investigating the medicinal properties of plants and analyzing wellness and disease patterns among indigenous communities worldwide. Their mission involves studying plant medicines and indigenous health practices to potentially uncover effective treatments for various diseases, including neurodegenerative illnesses like ALS.
Research conducted by the Institute and its global scientific consortium identified L-serine as a promising drug candidate. Subsequent experiments, including in vitro, in vivo, and FDA-approved human clinical trials, suggest that L-serine may have the potential to slow the progression of neurodegenerative diseases associated with ALS, although it cannot reverse or halt the process.
Official website here: www.ethnomedicine.org
Who is the CEO of The Institute For Ethnomedicine Inc?
Paul Alan Cox Phd is the Executive Dir. of The Institute For Ethnomedicine Inc.
Official website here: www.ethnomedicine.org
What is the revenue of The Institute For Ethnomedicine Inc?
The Institute For Ethnomedicine Inc's revenue in 2022 was $1,894,431.
Official website here: www.ethnomedicine.org
Who are the executives of The Institute For Ethnomedicine Inc and what are their salaries?
The average compensation at The Institute For Ethnomedicine Inc during 2022 was $183,013. There are 5 employees at The Institute For Ethnomedicine Inc.
Here are 17 key members and their salaries:
- Compensation: $268,718
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- Other: $60,587
- Compensation: $193,540
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- Other: $52,857
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- Other: $40,403
- Compensation: $115,830
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- Other: $45,848
- Compensation: $116,558
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- Other: $42,212
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Official website here: www.ethnomedicine.org
Where can I find the form 990 for The Institute For Ethnomedicine Inc?
The Institute For Ethnomedicine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ethnomedicine.org
Learn more at the official website: www.ethnomedicine.org
Mission Statement of The Institute For Ethnomedicine Inc
The Institute for Ethnomedicine Inc, doing business as Brain Chemistry Labs, is a dedicated organization that seeks new cures by investigating plant medicine and patterns of wellness and disease among indigenous communities worldwide. Their mission is centered around exploring the potential of plant-derived medicines and identifying novel therapies for various diseases, particularly neurodegenerative illnesses like ALS.
In pursuit of their mission, the Institute conducts extensive research in collaboration with a global scientific consortium. Their studies have led to the identification of L-serine as a potential drug candidate. Subsequent experiments, including in vitro and in vivo tests, as well as FDA-approved human clinical trials, suggest that L-serine, at the studied doses, may not halt or reverse ALS-associated neurodegeneration but may potentially slow down the disease's progression. This discovery underscores the Institute's commitment to uncovering effective treatments for debilitating diseases through the exploration of indigenous knowledge and plant medicine.
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Impact
August, 2024
The impact of The Institute For Ethnomedicine Inc Dba Brain Chemistry Labs can be seen in its groundbreaking research efforts focused on studying plant medicine and patterns of wellness and disease among indigenous communities. Through extensive research, the institute identified the amino acid L-Serine as a potential drug candidate for the treatment of ALS and other neurodegenerative illnesses. Their studies, which include in vitro and in vivo experiments as well as FDA-approved human clinical trials, indicate that while L-Serine may not be able to stop or reverse neurodegeneration associated with ALS, it has the potential to slow disease progression. This work represents a significant advancement in the field of medical research and offers hope for patients suffering from debilitating conditions.
This information is meant to be a general summary of The Institute For Ethnomedicine 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: $27,125
- Program Service Revenue: $119,771
- Gross Receipts: $3,837,563
Assets and Liabilities:
- Total Assets: $4,266,357
- Total Liabilities: $612,114
- Net Assets: $3,654,243
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Research and Licensing
Revenue
$119,771
Organization Details
Founding Year
2004
Phone
(801) 375-6214Principal Officer
Paul Alan Cox Phd
Main Address
PO BOX 3464, JACKSON, WY, 83001
Website
www.ethnomedicine.orgNTEE Category
Code: H99 - Medical research
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