Overview
What is Arm Foundation For Regenerative Medicine Education & Research?
The Arm Foundation for Regenerative Medicine Education & Research is a nonprofit organization based in Baltimore, Maryland. Their primary focus is to promote understanding and awareness of cell and gene therapies as transformative medicines for treating diseases. They serve as an educational and informational resource on gene and cell therapies, tissue-engineered products, and other regenerative medicine treatments. By examining and quantifying the clinical and societal benefits of these therapies, they aim to accelerate patient access to safe, efficient, and potentially curative treatments. The foundation also convenes discussions to raise awareness about the sector's progress, challenges, and results. With a team of 3 employees, they work towards making these advanced therapies more accessible to patients.
Official website here: www.thearmfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - 66%, Two-Star out of Four Star rating. The Arm Foundation For Regenerative Medicine Education & Research has received a "Needs Improvement" rating, indicating some concerns regarding its accountability and financial transparency. While the organization scored well in certain areas, such as having a majority of independent board members and a strong liabilities to assets ratio, it fell short in critical aspects like financial documentation and policy establishment.
Strengths of the organization include a high percentage of independent board members, which suggests effective governance, and a solid program expense ratio of 67.81%, indicating that a significant portion of its funds is directed towards its programs. Additionally, there were no reported issues regarding asset diversion, which highlights a commitment to ethical management of resources.
However, the foundation has notable limitations, particularly in its financial reporting. It has no financial statements available, lacks a conflict of interest policy, and does not have a whistleblower policy in place. These gaps in documentation and policy can raise concerns about the organization's transparency and accountability, making it critical for potential donors to consider these factors.
This AI summary has been generated from information found on Charity Navigator.
Is Arm Foundation For Regenerative Medicine Education & Research legitimate?
Arm Foundation For Regenerative Medicine Education & Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arm Foundation For Regenerative Medicine Education & Research 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:
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Other Salaries and Wages: $328,020
For more financial information, click here
Official website here: www.thearmfoundation.org
What is the mission statement of Arm Foundation For Regenerative Medicine Education & Research?
The Arm Foundation for Regenerative Medicine Education & Research serves as an educational and informational resource, focusing on key issues related to making gene and cell therapies, tissue-engineered products, and other regenerative medicine treatments accessible to patients. The foundation accomplishes this by evaluating, quantifying, and clarifying the clinical and societal benefits of these therapies for various stakeholders. Additionally, the organization convenes discussions to raise awareness about the sector's progress, challenges, and results, thereby accelerating patient access to safe, effective, and potentially curative treatments.
Official website here: www.thearmfoundation.org
Who is the CEO of Arm Foundation For Regenerative Medicine Education & Research?
Brett Kopelan is the Chair of Arm Foundation For Regenerative Medicine Education & Research.
Official website here: www.thearmfoundation.org
What is the revenue of Arm Foundation For Regenerative Medicine Education & Research?
Arm Foundation For Regenerative Medicine Education & Research's revenue in 2021 was $493,318.
Official website here: www.thearmfoundation.org
Who are the executives of Arm Foundation For Regenerative Medicine Education & Research and what are their salaries?
The average compensation at Arm Foundation For Regenerative Medicine Education & Research during 2021 was $109,340. There are 3 employees and 28 volunteers at Arm Foundation For Regenerative Medicine Education & Research.
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Official website here: www.thearmfoundation.org
Where can I find the form 990 for Arm Foundation For Regenerative Medicine Education & Research?
Arm Foundation For Regenerative Medicine Education & Research's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thearmfoundation.org
Learn more at the official website: www.thearmfoundation.org
Mission Statement of Arm Foundation For Regenerative Medicine Education & Research
The Arm Foundation for Regenerative Medicine Education & Research serves as a vital educational and informational resource, focusing on issues that are fundamental to making gene and cell therapies, tissue-engineered products, and other regenerative medicine treatments accessible to patients. By examining, quantifying, clarifying, and informing stakeholders about the clinical and societal benefits of these therapies, the foundation accelerates patient access to safe, efficacious, and potentially curative treatments. Moreover, the Arm Foundation convenes discussions to raise awareness about the sector's progress, challenges, and results, thereby fostering a deeper understanding and support for this rapidly evolving field.
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Impact
July, 2024
The Arm Foundation For Regenerative Medicine Education & Research plays a vital role in advancing patient access to safe, efficacious, and potentially curative therapies in the field of regenerative medicine. Through its educational and information resources, the foundation aims to increase awareness and understanding of gene and cell therapies as transformative medicines. By quantifying and clarifying the clinical and societal benefits of these therapies, as well as convening discussions to raise awareness about the sector's progress and challenges, the foundation is actively accelerating progress towards making these innovative treatments available to patients in need.
This information is meant to be a general summary of Arm Foundation For Regenerative Medicine Education & Research. 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 2021.
- Gross Receipts: $493,318
Assets and Liabilities:
- Total Assets: $214,306
- Total Liabilities: $7,232
- Net Assets: $207,074
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Organization Details
Founding Year
2012
Phone
(202) 345-3675Principal Officer
Brett Kopelan
Main Address
1340 SMITH AVENUE SUITE 200, BALTIMORE, MD, 21209
Website
www.thearmfoundation.orgNTEE Category
Code: G92 - Disease
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