Overview
What is Fondation Merieux Usa Inc?
Fondation Merieux Usa Inc is a public charity based in Washington, D.C., with a focus on improving diagnostic capabilities and responding to infectious disease epidemics in developing countries. The organization primarily achieves this through grant-funded programs, such as biosafety and biosecurity trainings, laboratory maintenance, and capacity building. In 2022, their initiatives included tackling deadly diseases in Africa, reinforcing national data and response systems, and supporting USAID's infectious disease detection and surveillance projects. With a dedicated workforce of two individuals, Fondation Merieux Usa Inc strives to enhance health security and resilience globally.
Official website here: www.fondation-merieuxusa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Fondation Merieux Usa Inc has received a Three-Star rating, reflecting a solid performance in accountability and finance. The organization scored particularly well in various areas such as having a completely independent board and strong financial oversight, indicating robust governance practices. Their program expense ratio is commendably high at 78.5%, demonstrating a focus on their charitable mission.
The charity's strengths are highlighted by its comprehensive policies, including conflict of interest and whistleblower policies, along with effective management of financial statements. However, the financial health metrics reveal some areas of concern, particularly with a liabilities to assets ratio of 56.45% and a working capital ratio of only 0.18 years, which may suggest limited liquidity.
Overall, while Fondation Merieux Usa Inc shows strong accountability and financial management practices, potential donors should consider the organization's financial ratios and working capital situation as they evaluate its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Fondation Merieux Usa Inc legitimate?
Fondation Merieux Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fondation Merieux Usa 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: $181,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,273
For more financial information, click here
Official website here: www.fondation-merieuxusa.org
What is the mission statement of Fondation Merieux Usa Inc?
Fondation Merieux Usa Inc, a public charity, is committed to enhancing diagnostic capabilities in developing countries for local healthcare. Their primary aim is to strengthen surveillance, alert, and response mechanisms towards infectious disease epidemics. The foundation undertakes various programs to achieve this, such as providing biosafety and biosecurity trainings, laboratory maintenance, repair, and assessment through partnerships with organizations like the U.S. Defense Threat Reduction Agency (DTRA). They also focus on projects like Tackling Deadly Diseases in Africa, which aims to prevent and respond to disease outbreaks while reinforcing national data and response systems, funded by the United Kingdom's Foreign, Commonwealth and Development Office (FCDO). Their efforts in the USAID's Infectious Disease Detection and Surveillance (IDDS) project involve training, laboratory capacity building, supervision, policy development, and more in countries like Madagascar and the Democratic Republic of Congo.
Official website here: www.fondation-merieuxusa.org
Who is the CEO of Fondation Merieux Usa Inc?
Koren Wolman-Tardy is the Ceo of Fondation Merieux Usa Inc. The CEO's salary of Fondation Merieux Usa Inc is $102,301 and their total compensation is $181,026.
Official website here: www.fondation-merieuxusa.org
What is the revenue of Fondation Merieux Usa Inc?
Fondation Merieux Usa Inc's revenue in 2022 was $2,617,580.
Official website here: www.fondation-merieuxusa.org
Who are the executives of Fondation Merieux Usa Inc and what are their salaries?
The average compensation at Fondation Merieux Usa Inc during 2022 was $124,650. There are 2 employees and 7 volunteers at Fondation Merieux Usa Inc.
Here are 7 key members and their salaries (Fondation Merieux Usa Inc's CEO's salary is $102,301 and their total compensation is $181,026):
- Compensation: $102,301
- Related: $0
- Other: $78,725
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fondation-merieuxusa.org
Where can I find the form 990 for Fondation Merieux Usa Inc?
Fondation Merieux Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fondation-merieuxusa.org
Learn more at the official website: www.fondation-merieuxusa.org
Mission Statement of Fondation Merieux Usa Inc
Fondation Merieux Usa Inc, as a public charity, is dedicated to improving diagnostic capabilities for local healthcare in developing countries. Its mission is centered around building capacity to monitor, alert, and respond to infectious disease epidemics. This nonprofit organization aims to enhance the diagnostic capabilities of local healthcare systems in these countries, thereby strengthening their ability to prevent and manage outbreaks of infectious diseases. Furthermore, Fondation Merieux Usa Inc focuses on reinforcing national data and response systems, ensuring a more effective and timely response to disease outbreaks in these regions.
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Impact
July, 2024
Fondation Merieux USA Inc's impact lies in building capacity in developing countries to improve diagnostic capabilities for local healthcare and enhance surveillance, alert, and response to infectious disease epidemics. In 2022, the foundation conducted programs such as biosafety and biosecurity trainings, laboratory maintenance, repair, and assessment, and capacity-building initiatives to prevent and respond to disease outbreaks in Africa. These efforts, funded by organizations like the U.S. Defense Threat Reduction Agency and the United Kingdom's FCDO, aim to strengthen national data and response systems. Additionally, their involvement in USAID's Infectious Disease Detection and Surveillance project in Madagascar and the Democratic Republic of Congo included training, laboratory capacity building, supervision, and policy development. Through these initiatives, Fondation Merieux USA Inc is contributing significantly to global health security and disease control in developing regions.
This information is meant to be a general summary of Fondation Merieux Usa 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.
- Gross Receipts: $2,617,580
Assets and Liabilities:
- Total Assets: $1,080,270
- Total Liabilities: $609,817
- Net Assets: $470,453
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Organization Details
Founding Year
2011
Phone
(202) 389-6245Principal Officer
Koren Wolman-Tardy
Main Address
1250 CONNECTICUT AVE NW, WASHINGTON, DC, 20036
Website
www.fondation-merieuxusa.orgNTEE Category
Code: Q33 - International
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