Overview
What is Max Planck Florida Corporation?
Max Planck Florida Corporation, located in Jupiter, Florida, is a nonprofit institution established in 2009 with a mission to expand knowledge of the biosciences and improve human welfare. It has grown to include two research divisions and six research groups, focusing on areas such as neural circuit function, synaptic signaling, and cognitive functions. The organization's partnership with the Max Planck Society for the Advancement of Science provides annual funding for essential operations, research groups, and graduate programs. With a workforce of 165 individuals, Max Planck Florida Institute for Neuroscience aims to educate young scientists and apply breakthrough research to advance medical diagnosis and care for public benefit.
Official website here: www.mpfi.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Max Planck Florida Corporation has achieved a remarkable score of 97%, which reflects a high level of accountability and financial management. This rating indicates that the organization effectively utilizes its resources, with a program expense ratio of over 91%, suggesting a strong commitment to its mission. The organization has an independent board with a substantial majority of members, indicating sound governance practices.
In terms of organizational strengths, the nonprofit excels in community engagement and responsiveness, scoring a perfect 100 in constituent feedback collection and usage. The high ratings in equity strategies and leadership adaptability further emphasize its commitment to fostering an inclusive environment and investing in future leadership development.
While the organization demonstrates exceptional performance across various metrics, continued attention to maintaining this high standard will be essential as it navigates future challenges. Overall, Max Planck Florida Corporation stands out as a well-managed and community-focused nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Max Planck Florida Corporation?
94% of reviewers on Facebook recommend the Max Planck Florida Corporation. Here is a summary of their reviews:
Many users express their appreciation for the organization, highlighting its positive impact on the local community in Palm Beach. One reviewer specifically noted being impressed by a presentation at a commissioners meeting, reflecting the high regard held for the corporation's work.
Overall, the sentiment surrounding the Max Planck Florida Corporation is very positive, with supporters acknowledging its valuable contributions and expressing gratitude for the initiatives it undertakes. The organization appears to have a strong reputation among its patrons.
This AI summary has been generated from reviews found on Facebook.
Is Max Planck Florida Corporation legitimate?
Max Planck Florida Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Max Planck Florida Corporation 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: $1,967,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,859,110
For more financial information, click here
Official website here: www.mpfi.org/
What is the mission statement of Max Planck Florida Corporation?
The Max Planck Florida Corporation is dedicated to expanding knowledge in the biosciences and improving human welfare by applying breakthroughs in research to the advancement of medical diagnosis and medical care for the public's benefit. This mission is carried out through the education and training of young scientists for biomedical research. The organization has expanded since its inception in 2009 to include two research divisions and six research groups, focusing on areas such as neural circuit function, synaptic signaling, and cortex development, among others. The Max Planck Society provides annual funding for essential core scientific and administrative operations. In 2022, the institute received $15.8 million from the Max Planck Society, which went towards operations, research groups, and graduate programs.
Official website here: www.mpfi.org/
Who is the CEO of Max Planck Florida Corporation?
David Fitzpatrick is the Chief Executive Officer/Scientific Director of Max Planck Florida Corporation. The CEO's salary of Max Planck Florida Corporation is $466,734 and their total compensation is $521,103.
Official website here: www.mpfi.org/
What is the revenue of Max Planck Florida Corporation?
Max Planck Florida Corporation's revenue in 2022 was $25,710,512.
Official website here: www.mpfi.org/
Who are the executives of Max Planck Florida Corporation and what are their salaries?
The average compensation at Max Planck Florida Corporation during 2022 was $71,679. There are 165 employees and 22 volunteers at Max Planck Florida Corporation.
Here are 25 key members and their salaries (Max Planck Florida Corporation's CEO's salary is $466,734 and their total compensation is $521,103):
- Compensation: $466,734
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- Other: $54,369
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- Compensation: $148,662
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- Compensation: $183,890
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- Compensation: $182,644
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- Other: $49,156
- Compensation: $179,692
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- Other: $48,412
- Compensation: $157,257
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- Other: $38,033
- Compensation: $154,309
- Related: $0
- Other: $47,410
Official website here: www.mpfi.org/
Where can I find the form 990 for Max Planck Florida Corporation?
Max Planck Florida Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpfi.org/
Learn more at the official website: www.mpfi.org/
Mission Statement of Max Planck Florida Corporation
Max Planck Florida Corporation, a renowned organization, is dedicated to expanding the boundaries of knowledge in the biosciences. By fostering research in this field, the organization aims to improve human welfare and advance medical diagnosis and care for the public's benefit. Through its mission, it strives to educate and train young scientists in biomedical research.
The Max Planck Florida Corporation has grown significantly since its establishment in 2009. It now comprises two research divisions and six research groups, focusing on various areas of biosciences. These research laboratories delve into the study of disorders of neural circuit function, synaptic signaling and computation, cerebral cortex development and function, inhibitory neural circuits, episodic memory, neuronal signal transduction, neural dynamics and cognitive functions, and neuroenergetics.
With a commitment to knowledge expansion and scientific development, the Max Planck Florida Corporation receives annual funding from the Max Planck Society to support its essential core scientific and administrative operations. In 2022, the organization received $15,868,733 from the Max Planck Society, which included $14,681,590 for operations, $758,952 for research groups, and $428,191 for graduate programs. This support enables the organization to continue its pursuit of scientific advancements and the training of the next generation of scientists.
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Impact
October, 2024
Max Planck Florida Corporation significantly impacts the field of biosciences and biomedical research through its commitment to expanding knowledge, educating and training future scientists, and advancing medical care. Established in 2009, the organization has developed into a robust research institute with two divisions and six research groups focused on critical areas such as neural circuit function, synaptic signaling, memory mechanisms, and neural dynamics.
By fostering innovative research and training, Max Planck Florida prepares the next generation of scientists, who are vital for driving forward the frontiers of medical knowledge. Their work has the potential to improve human welfare by translating research breakthroughs into practical applications that enhance medical diagnosis and treatment for various neurological disorders.
The annual funding from the Max Planck Society ensures that the institute has the resources necessary for high-quality scientific and administrative operations. In 2022, substantial financial backing allowed for continued support of essential research activities and graduate programs, exemplifying a collaborative approach to scientific advancement.
Overall, Max Planck Florida Corporation plays a crucial role in enhancing understanding and treatment of complex neurological conditions, thereby contributing to the betterment of public health and the advancement of biomedical sciences.
This information is meant to be a general summary of Max Planck Florida Corporation. 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: $3,281,576
- Program Service Revenue: $320,104
- Gross Receipts: $25,712,372
Assets and Liabilities:
- Total Assets: $102,337,886
- Total Liabilities: $1,242,753
- Net Assets: $101,095,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH SERVICES/INSTRUCTION
Revenue
$320,104
Organization Details
Founding Year
2007
Phone
(561) 972-9000Principal Officer
David Fitzpatrick
Main Address
ONE MAX PLANCK WAY, JUPITER, FL, 33458
Website
www.mpfi.org/NTEE Category
Code: H05 - Medical research
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