Overview
What is T1D Exchange Inc?
T1D Exchange Inc, based in Boston, Massachusetts, is a forward-thinking nonprofit organization dedicated to enhancing the lives of those living with Type 1 Diabetes (T1D) through collaborative initiatives and data-driven research. With a team of 39 employees, they run three prominent programs: the Quality Improvement Collaborative, the T1D Exchange Registry, and Custom Research Services. Their Quality Improvement Collaborative is a learning community for diabetes centers across the US, combining data from electronic medical records to redefine best practices, improve care quality, and generate superior outcomes. The T1D Exchange Registry is an online platform where individuals with T1D and their caregivers participate in research, sharing valuable patient-reported information to advance diabetes care management. Lastly, T1D Exchange offers custom research services, integrating analytics with additional offerings like surveys, interviews, focus groups, and device data integration, enabling meaningful connections among patients, providers, industry, and academia to accelerate innovation and optimize care.
Official website here: www.t1dexchange.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
T1D Exchange Inc has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive score of 95, the organization's commitment to transparency and responsible management is evident. Notably, it boasts a fully independent board, which enhances its governance and decision-making processes.
The charity excels in various financial metrics, including a low liabilities to assets ratio of 8.44% and a fundraising efficiency ratio of $0.05, indicating effective use of funds. Additionally, its program expense ratio of 65.84% shows that a significant portion of its resources is directed towards its core programs, which is a positive sign for potential donors.
Despite its strengths, there is room for improvement in its program expense ratio, which is slightly below the ideal target for many nonprofits. However, overall, T1D Exchange Inc demonstrates a solid financial standing and a commitment to its mission, making it a trustworthy organization for those looking to support diabetes advocacy and research.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about T1D Exchange Inc?
96% of 13 reviewers on Facebook recommend T1D Exchange Inc. Here is a summary of their reviews:
Many individuals express deep appreciation for the support and services provided by T1D Exchange Inc., highlighting improvements in their diabetes management and emotional well-being. Customers reported feeling happier and healthier, with some mentioning a newfound sense of hope after struggling with their condition for extended periods. The guidance and resources offered by the organization seem to have made a significant positive impact on users' lives.
Overall, the sentiment towards T1D Exchange Inc. is overwhelmingly positive, with reviewers feeling satisfied with the assistance they have received. The nonprofit's commitment to helping individuals with Type 1 Diabetes is acknowledged and valued, making a tangible difference in the lives of many.
This AI summary has been generated from reviews found on Facebook.
Is T1D Exchange Inc legitimate?
T1D Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. T1D Exchange 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: $388,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,117,604
For more financial information, click here
Official website here: www.t1dexchange.org
What is the mission statement of T1D Exchange Inc?
T1D Exchange Inc is a prominent organization dedicated to enhancing outcomes for people with Type 1 Diabetes (T1D) through collaborative change. By providing real-world evidence, this non-profit actively supports quality improvement and innovation. The organization accomplishes this through its Quality Improvement Collaborative, Patient Registry, and Data-oriented Research Services. T1D Exchange plays a pivotal role in creating real-world impact by offering clinicians, researchers, industry partners, and advocates the necessary resources and services for improved decision support and population health management.
Official website here: www.t1dexchange.org
What is the revenue of T1D Exchange Inc?
T1D Exchange Inc's revenue in 2023 was $4,275,092.
Official website here: www.t1dexchange.org
Who are the executives of T1D Exchange Inc and what are their salaries?
The average compensation at T1D Exchange Inc during 2023 was $115,543. There are 39 employees and 10 volunteers at T1D Exchange Inc.
Here are 18 key members and their salaries:
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- Other: $36,351
- Compensation: $157,069
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- Other: $33,855
Official website here: www.t1dexchange.org
Where can I find the form 990 for T1D Exchange Inc?
T1D Exchange Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.t1dexchange.org
Learn more at the official website: www.t1dexchange.org
Mission Statement of T1D Exchange Inc
T1D Exchange, a pioneering organization, is dedicated to enhancing the lives of those living with Type 1 Diabetes (T1D) by providing real-world evidence and fostering collaborative change. Its mission is geared towards improving outcomes for the entire T1D population. T1D Exchange actively supports quality improvement and innovation through various means, including its Quality Improvement Collaborative, Patient Registry, and Data-oriented Research Services. By bringing together clinicians, researchers, industry partners, and advocates, T1D Exchange plays a pivotal role in creating meaningful impact using integrated data. This data is utilized to offer better decision-support and population health management resources to its stakeholders. In essence, T1D Exchange serves as a catalyst for change by providing essential tools and services to drive advancements in T1D care and care management.
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Impact
October, 2024
T1D Exchange Inc significantly impacts the type 1 diabetes (T1D) community by enhancing clinical outcomes through a data-driven approach. Their commitment to driving collaborative change facilitates the development of real-world evidence, which informs best practices in diabetes care across the United States.
A key aspect of their work is the Quality Improvement Collaborative, where diabetes centers engage in a learning network to share insights and integrate electronic medical record (EMR) data. This collaboration helps redefine care standards, leading to improved quality of care for T1D patients.
The T1D Exchange Registry plays a crucial role by gathering patient-reported information, which provides valuable insights into the daily experiences and management strategies of individuals living with T1D. By connecting these patients with clinicians and researchers, T1D Exchange fosters an environment conducive to innovation and tailored healthcare solutions.
Additionally, their custom research services offer a comprehensive suite of analytics combined with personalized research techniques, such as surveys and focus groups, enabling a deeper understanding of patient needs and the efficacy of treatments. Overall, T1D Exchange’s integrated data and collaborative initiatives pave the way for improved population health management, ultimately striving for better outcomes for the entire T1D population.
This information is meant to be a general summary of T1D Exchange 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: $202,912
- Program Service Revenue: $2,647,898
- Gross Receipts: $4,275,092
Assets and Liabilities:
- Total Assets: $20,993,358
- Total Liabilities: $1,774,253
- Net Assets: $19,219,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE REVEN
Revenue
$2,647,898
Organization Details
Founding Year
2011
Principal Officer
David Walton
Website
www.t1dexchange.orgNTEE Category
Code: E80 - Health
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