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The Research And Recognition Project Inc

The Research & Recognition Project

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262752619 ✦ Corning, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Research And Recognition Project Inc?

The Research and Recognition Project Inc, a nonprofit organization based in Corning, New York (242 West William Street), is primarily focused on conducting research aimed at developing treatments for Post-Traumatic Stress Disorder (PTSD). This independent research is reviewed by a board, ensuring the integrity and accuracy of the findings. The organization's mission is to contribute significantly to the understanding and treatment of PTSD, potentially improving the lives of countless individuals affected by this debilitating condition. With a team of just three dedicated employees, the Research and Recognition Project Inc is a small but impactful force in the field of mental health research.


Official website here: www.researchandrecognition.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating

The Research And Recognition Project Inc has received a rating of 71% from Charity Navigator, signifying that the organization has areas needing improvement, particularly in its financial management. The strong points include a fully independent board and compliance with various accountability policies, indicating a commitment to transparency and ethical governance.

Despite these strengths, the organization faces challenges highlighted by a significant liabilities to assets ratio of 105.29%, which raises concerns about financial stability. Additionally, while the program expense ratio is 60.94%, it suggests that not all funds are being directed towards programs, which may impact the organization's operational effectiveness.

Overall, while The Research And Recognition Project Inc demonstrates good governance practices, the financial metrics indicate a need for strategic improvements to ensure sustainability and enhance program delivery.


This AI summary has been generated from information found on Charity Navigator.

Is The Research And Recognition Project Inc legitimate?

The Research And Recognition Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Research And Recognition Project 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: $194,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,386

For more financial information, click here


Official website here: www.researchandrecognition.org

What is the mission statement of The Research And Recognition Project Inc?

The Research And Recognition Project Inc is dedicated to exploring treatments for Post Traumatic Stress Disorder (PTSD). Their mission is to conduct research aimed at finding effective solutions for individuals struggling with this condition. This research is conducted under the scrutiny of an independent review board, ensuring the integrity and reliability of their findings. The organization's work is focused on advancing our understanding of PTSD and developing innovative treatments to alleviate its impacts on those affected.


Official website here: www.researchandrecognition.org

Who is the CEO of The Research And Recognition Project Inc?

Diane Tremaine is the Chairman & Ceo Emeritus of The Research And Recognition Project Inc. The CEO's salary of The Research And Recognition Project Inc is $19,394 and their total compensation is $19,394.


Official website here: www.researchandrecognition.org

What is the revenue of The Research And Recognition Project Inc?

The Research And Recognition Project Inc's revenue in 2022 was $159,502.


Official website here: www.researchandrecognition.org

Who are the executives of The Research And Recognition Project Inc and what are their salaries?

The average compensation at The Research And Recognition Project Inc during 2022 was $74,093. There are 3 employees at The Research And Recognition Project Inc.


Here are 9 key members and their salaries (The Research And Recognition Project Inc's CEO's salary is $19,394 and their total compensation is $19,394):


Francis J Bourke Phd (Chairman & Ceo Emeritus)
  • Compensation: $19,394
  • Related: $0
  • Other: $0
Gerry Schmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Derijk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalyn Templeton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Montrel Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Bourke (Chief Operating Officer)
  • Compensation: $33,000
  • Related: $0
  • Other: $0
Diane Tremaine (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ackermann (Chief Executive Officer)
  • Compensation: $25,000
  • Related: $0
  • Other: $0


Official website here: www.researchandrecognition.org

Where can I find the form 990 for The Research And Recognition Project Inc?

The Research And Recognition Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.researchandrecognition.org

Learn more at the official website: www.researchandrecognition.org

Mission Statement of The Research And Recognition Project Inc

The Research and Recognition Project Inc is dedicated to conducting research aimed at finding effective treatments for Post Traumatic Stress Disorder (PTSD). This nonprofit organization's mission revolves around investigating various therapeutic approaches to alleviate the symptoms associated with PTSD, a condition often experienced by individuals who have undergone traumatic events. Under an independent review board, their research endeavors delve into the complexities of PTSD, seeking to uncover solutions that can bring relief and hope to those affected.

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Impact




June, 2024

The Research and Recognition Project Inc's impact lies in its groundbreaking research into treatment for post-traumatic stress disorder (PTSD). Conducting research on PTSD under independent review boards, the organization is at the forefront of investigating effective ways to address this often debilitating mental health condition. Located in Corning, NY, their mission to advance the understanding and treatment of PTSD signifies a crucial contribution to mental health research and support.




This information is meant to be a general summary of The Research And Recognition Project 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.

Revenue
$159,502 (2022)
Expenses
$361,040 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31
  • Program Service Revenue: $39,810
  • Gross Receipts: $159,502

Assets and Liabilities:

  • Total Assets: $263,062
  • Total Liabilities: $276,989
  • Net Assets: -$13,927

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION AND TRAIN

Revenue

$39,810

Organization Details

Founding Year

2008

Principal Officer

Diane Tremaine

Main Address

242 WEST WILLIAM STREET, CORNING, NY, 14830

NTEE Category

Code: F30 - Mental health

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