Overview
What is Reagan-Udall Foundation For The Food And Drug Administration Inc?
The Reagan-Udall Foundation for the Food and Drug Administration Inc, based in Washington D.C., serves as a nonprofit organization with a focus on promoting innovative research and analysis within the realm of regulated products. Their primary goal is to provide data assets and analytical tools, enabling the examination of both risks and benefits associated with these products. Some of their notable initiatives include the COVID-19 Evidence Accelerator, the Innovation in Medical Evidence and Development Surveillance (IMEDS) Program, and the Algorithm Validation Studies Program. These programs are designed to modernize product development, accelerate innovation, and enhance product safety, thereby furthering the mission of the Food and Drug Administration. The Foundation currently employs 18 individuals in its mission to advance the regulatory landscape.
Official website here: www.reaganudall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
The Reagan-Udall Foundation for the Food and Drug Administration Inc has achieved a high score of 93%, reflecting strong accountability and financial practices. This score is entirely based on a single beacon for Accountability & Finance, indicating a robust system for managing resources and ensuring transparency within the organization.
The foundation has received perfect scores in several key areas, including having a fully independent board and a thorough audit and oversight committee. Their financial management is commendable, with a high program expense ratio of 93.07%, demonstrating that a significant portion of their resources is allocated directly toward their mission. Additionally, they maintain important policies regarding conflict of interest and whistleblower protections, enhancing their operational integrity.
However, while the organization excels in accountability, its liabilities to assets ratio of approximately 53.99% suggests a need for careful financial oversight to maintain stability. Overall, the foundation stands out for its commitment to ethical governance and effective use of funds, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Reagan-Udall Foundation For The Food And Drug Administration Inc legitimate?
Reagan-Udall Foundation For The Food And Drug Administration Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reagan-Udall Foundation For The Food And Drug Administration 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: $678,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,340,019
For more financial information, click here
Official website here: www.reaganudall.org
What is the mission statement of Reagan-Udall Foundation For The Food And Drug Administration Inc?
The Reagan-Udall Foundation for the Food and Drug Administration Inc. is committed to furthering the FDA's mission by modernizing product development, spurring innovation, and enhancing product safety. Through their initiatives, they strive to provide innovative research and analysis, offering data assets and analysis tools to assess the risks and benefits of regulated products, such as the COVID-19 Evidence Accelerator, the Innovation in Medical Evidence and Development Surveillance (IMEDS) Program, and the Algorithm Validation Studies Program.
Official website here: www.reaganudall.org
Who is the CEO of Reagan-Udall Foundation For The Food And Drug Administration Inc?
Susan C Winckler Rph E is the Principal Officer of Reagan-Udall Foundation For The Food And Drug Administration Inc. The CEO's salary of Reagan-Udall Foundation For The Food And Drug Administration Inc is $406,668 and their total compensation is $439,504.
Official website here: www.reaganudall.org
What is the revenue of Reagan-Udall Foundation For The Food And Drug Administration Inc?
Reagan-Udall Foundation For The Food And Drug Administration Inc's revenue in 2022 was $8,752,229.
Official website here: www.reaganudall.org
Who are the executives of Reagan-Udall Foundation For The Food And Drug Administration Inc and what are their salaries?
The average compensation at Reagan-Udall Foundation For The Food And Drug Administration Inc during 2022 was $112,135. There are 18 employees at Reagan-Udall Foundation For The Food And Drug Administration Inc.
Here are 22 key members and their salaries (Reagan-Udall Foundation For The Food And Drug Administration Inc's CEO's salary is $406,668 and their total compensation is $439,504):
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- Compensation: $406,668
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- Compensation: $170,613
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- Other: $27,422
Official website here: www.reaganudall.org
Where can I find the form 990 for Reagan-Udall Foundation For The Food And Drug Administration Inc?
Reagan-Udall Foundation For The Food And Drug Administration Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reaganudall.org
Learn more at the official website: www.reaganudall.org
Mission Statement of Reagan-Udall Foundation For The Food And Drug Administration Inc
The Reagan-Udall Foundation for the Food and Drug Administration Inc is a nonprofit organization dedicated to furthering the Food and Drug Administration's mission. Their primary goal is to modernize product development, stimulate innovation, and improve product safety.
To achieve this, they engage in innovative research and analysis, providing essential data assets and analysis tools. These resources help in examining the risks and benefits associated with regulated products. Some of their notable initiatives include the COVID-19 Evidence Accelerator, the Innovation in Medical Evidence and Development Surveillance (IMEDS) Program, and the Algorithm Validation Studies Program.
In simpler terms, the Reagan-Udall Foundation serves as a bridge between groundbreaking ideas and safe, effective products, all while ensuring the highest standards of safety and innovation are maintained.
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Impact
June, 2024
The Reagan-Udall Foundation For The Food And Drug Administration Inc is dedicated to advancing the mission of the Food and Drug Administration to modernize product development, accelerate innovation, and enhance product safety. They encourage innovative research and analysis, providing data assets and analysis tools to examine the risks and benefits of regulated products. Examples of their initiatives include the COVID-19 Evidence Accelerator, the Innovation in Medical Evidence and Development Surveillance (IMEDS) Program, and the Algorithm Validation Studies Program. Their work aims to improve the regulatory process and ultimately enhance public health and safety.
This information is meant to be a general summary of Reagan-Udall Foundation For The Food And Drug Administration 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: $30,611
- Program Service Revenue: $3,614,197
- Gross Receipts: $8,855,372
Assets and Liabilities:
- Total Assets: $8,144,687
- Total Liabilities: $4,398,051
- Net Assets: $3,746,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMEDS Contract
Revenue
$3,614,197
Organization Details
Founding Year
2009
Phone
(202) 849-2075Principal Officer
Susan C Winckler Rph E
Main Address
1333 New Hampshire Ave NW 420, Washington, DC, 20036
Website
www.reaganudall.orgNTEE Category
Code: F01 - Mental health
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