Overview
What is The Roskamp Institute Inc?
The Roskamp Institute Inc, situated in Sarasota, Florida, is a distinguished nonprofit organization dedicated to conducting scientific research. Their primary focus is on discovering safe and effective new drug therapies to successfully treat diseases of the mind. By promoting healthy aging, they aim to improve the quality of life for many individuals. With a team of 46 dedicated professionals, they strive to make significant strides in mental health research.
Official website here: www.roskampinstitute.org
What are the reviews and ratings of this charity?
**The Roskamp Institute Inc (EIN: 271397124)**
**Charity Navigator Rating: 2 Stars (Needs Improvement)**
The Roskamp Institute has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement. The overall score of 69% stems solely from the Accountability & Finance beacon, which evaluates financial health, governance practices, and transparency. While the organization has a stable financial structure, with no reported material diversions of assets, it lacks comprehensive policies such as a whistleblower policy and document retention guidelines.
Strengths include a strong commitment to financial oversight, with independent board members making up only 42% of the board, which is below ideal benchmarks, yet the organization has achieved maximum points for its audit committee. The program expense ratio indicates that approximately 61% of expenses are directed towards its core mission, a good sign of operational efficiency.
However, the lack of a whistleblower policy and failed website disclosures raise concerns about governance practices. As the metrics for Impact & Measurement, Culture & Community, and Leadership & Adaptability are not scored, potential donors and stakeholders may find it challenging to assess the overall effectiveness and community engagement of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Roskamp Institute Inc legitimate?
The Roskamp Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Roskamp Institute 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: $598,263
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,198,031
For more financial information, click here
Official website here: www.roskampinstitute.org
What is the mission statement of The Roskamp Institute Inc?
The Roskamp Institute Inc's mission is centered around conducting comprehensive scientific research. Their primary goal is to discover safe and effective new drug therapies, aimed at successfully treating diseases of the mind. Additionally, they strive to promote healthy aging. Through their research efforts, they aim to make significant strides in the medical field, potentially leading to improved treatments for mental health conditions.
Official website here: www.roskampinstitute.org
Who is the CEO of The Roskamp Institute Inc?
Fiona Crawford is the CEO of The Roskamp Institute Inc The CEO's salary of The Roskamp Institute Inc is $196,648 and their total compensation is $209,316.
Official website here: www.roskampinstitute.org
What is the revenue of The Roskamp Institute Inc?
The Roskamp Institute Inc's revenue in 2023 was $6,745,489.
Official website here: www.roskampinstitute.org
Who are the executives of The Roskamp Institute Inc and what are their salaries?
The average compensation at The Roskamp Institute Inc during 2023 was $55,926. There are 50 employees and 5 volunteers at The Roskamp Institute Inc.
Here are 10 key members and their salaries (The Roskamp Institute Inc's CEO's salary is $196,648 and their total compensation is $209,316):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $196,648
- Related: $0
- Other: $12,668
- Compensation: $191,467
- Related: $0
- Other: $19,392
- 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: $64,805
- Related: $0
- Other: $7,491
- Compensation: $95,747
- Related: $0
- Other: $10,045
- Compensation: $165,523
- Related: $0
- Other: $12,303
Official website here: www.roskampinstitute.org
Where can I find the form 990 for The Roskamp Institute Inc?
The Roskamp Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.roskampinstitute.org
Learn more at the official website: www.roskampinstitute.org
Mission Statement of The Roskamp Institute Inc
The Roskamp Institute Inc is committed to carrying out scientific research with the primary objective of discovering safe and effective new drug therapies. This mission is aimed at successfully treating diseases that affect the mind. Beyond this, The Roskamp Institute Inc also strives to promote healthy aging. Through its research, the organization aims to contribute positively to the field of mental health and wellbeing, offering potential solutions to debilitating mental health conditions.
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Impact
October, 2024
The Roskamp Institute Inc has a significant impact on the field of medical research by focusing on the discovery of safe and effective drug therapies for mental health conditions and promoting healthy aging. Located in Sarasota, Florida, the institute conducts rigorous scientific research aimed at addressing diseases of the mind, which are critical areas of concern for public health. By advancing knowledge in these areas, the institute contributes to the development of innovative treatment options that can improve the quality of life for individuals affected by mental health disorders. Its commitment to research not only fosters scientific advancements but also has the potential to influence healthcare practices and policies, enhancing overall societal well-being.
This information is meant to be a general summary of The Roskamp Institute 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 2023.
- Investment Income: $88,827
- Program Service Revenue: $1,334,510
- Gross Receipts: $6,746,138
Assets and Liabilities:
- Total Assets: $11,817,891
- Total Liabilities: $3,197,382
- Net Assets: $8,620,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINCIAL RESEARCH
Revenue
$1,334,510
Organization Details
Founding Year
2009
Principal Officer
Fiona Crawford
Website
www.roskampinstitute.orgNTEE Category
Code: H99 - Medical research
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