Overview
What is Medical Science Liaison Society Inc?
Medical Science Liaison Society Inc, located in Weston, Florida, is a dedicated nonprofit organization committed to enhancing the global Medical Science Liaison (MSL) profession. With a focus on resources and professional development, this society aims to advance the field. They have transitioned their training programs to a virtual platform, streamlining the learning process. Moreover, they have established multiple standards operating procedures for various companies in the industry. Additionally, MSLS conducts weekly insight shows, discussing topics impacting the MSL profession and medical affairs. These shows offer valuable tips, tools, and techniques for achieving greater success and efficiencies. The society has also launched the Medical Science-Liaison Board Certification, its first professional board certification.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars (39%)
The Medical Science Liaison Society Inc has received a low rating of 39% from Charity Navigator, resulting in a Zero-Star designation. This rating reflects significant concerns regarding the organization's accountability and financial practices. Notably, the organization has a very low percentage of independent board members and lacks key policies such as conflict of interest and whistleblower policies, which are crucial for transparency and governance.
Despite these weaknesses, the organization shows strength in its program expense ratio, with 79.33% of its expenses allocated to its programs. However, the absence of financial statements raises red flags about its overall financial health. The liabilities to assets ratio is concerningly high at 1366.32%, indicating potential financial instability that may affect its operations and sustainability.
In terms of leadership compensation, key individuals are reported to have relatively high salaries, which could lead to questions about resource allocation within the nonprofit. Overall, while the Medical Science Liaison Society Inc has aspects that support its operational mission, the significant gaps in governance and financial reporting indicate a need for improvement in these areas.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Science Liaison Society Inc legitimate?
Medical Science Liaison Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Science Liaison Society 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: $310,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Medical Science Liaison Society Inc?
The Medical Science Liaison Society Inc is specifically committed to advancing the global Medical Science Liaison profession. To accomplish this, they offer resources and opportunities for professional development. Notably, they introduced the Medical Science-Liaison Board Certification, their first professional board certification. To enhance and streamline their training programs, Medical Science Liaison Society Inc transitioned them to a virtual format. Additionally, they developed multiple standards operating procedures for various companies. The society also hosts a series of weekly insight shows, discussing issues affecting the MSL profession and medical affairs. These shows provide tips, tools, and techniques to increase success and efficiency in the field.
Who is the CEO of Medical Science Liaison Society Inc?
Heliana Sula is the Secretary of Medical Science Liaison Society Inc.
What is the revenue of Medical Science Liaison Society Inc?
Medical Science Liaison Society Inc's revenue in 2022 was $1,103,845.
Who are the executives of Medical Science Liaison Society Inc and what are their salaries?
The average compensation at Medical Science Liaison Society Inc during 2022 was $103,347. There are 3 employees at Medical Science Liaison Society Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Medical Science Liaison Society Inc?
Medical Science Liaison Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Medical Science Liaison Society Inc
Medical Science Liaison Society Inc, abbreviated as MSLS, is solely committed to advancing the global Medical Science Liaison profession. This organization has taken significant strides in achieving its mission, including launching the Medical Science-Liaison Board Certification, which is its first professional board certification.
To support its mission, MSLS provides a wealth of resources and professional development opportunities for individuals within the Medical Science Liaison field. Recognizing the importance of continuous learning and improvement, MSLS has transitioned its training programs to a virtual platform, enhancing and streamlining the learning experience. Furthermore, the society has established multiple standards operating procedures for various companies, contributing to the standardization and professionalization of the Medical Science Liaison profession.
In addition to its training and standardization efforts, MSLS conducts a series of weekly insight shows. These shows cover a range of topics affecting the Medical Science Liaison profession and medical affairs. The discussions include valuable tips, tools, and techniques to help professionals achieve greater success and efficiency in their roles. By offering these resources, MSLS is actively contributing to the advancement of the Medical Science Liaison profession on a global scale.
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Impact
July, 2024
The impact of the Medical Science Liaison Society Inc is significant in advancing the global medical science liaison profession. The society provides valuable resources and professional development opportunities for individuals in this field. One notable impact is the transition of its training programs to a virtual format, which has enhanced and streamlined the training process for members. Additionally, the creation of multiple standard operating procedures for various companies has helped to standardize practices within the industry.
Furthermore, the society's weekly insight shows offer discussions on important issues affecting the medical science liaison profession and medical affairs, providing tips, tools, and techniques for achieving greater success and efficiency. The launch of the Medical Science-Liaison Board Certification, the society's first professional board certification, marks a significant milestone in elevating the standards and recognition of professionals in this field.
Overall, the Medical Science Liaison Society Inc's impact can be seen in its commitment to enhancing the skills, knowledge, and professionalism of medical science liaisons, ultimately contributing to the advancement of healthcare practices and standards.
This information is meant to be a general summary of Medical Science Liaison Society 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.
- Program Service Revenue: $912,440
- Gross Receipts: $1,103,845
Assets and Liabilities:
- Total Assets: $85,237
- Total Liabilities: $117,119
- Net Assets: -$31,882
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Organization Details
Founding Year
2012
Phone
(919) 904-9988Principal Officer
Heliana Sula
Main Address
16590 SUNSET WAY, WESTON, FL, 33326
NTEE Category
Code: E60 - Health
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