Overview
What is Rockburn Institute Inc?
Rockburn Institute Inc is a research-focused nonprofit organization based on a mission to enhance health care quality. By conducting educational, scientific, and advisory activities, Rockburn aims to improve health services research and the effectiveness and efficiency of health care institutions. The organization also encourages the development and dissemination of knowledge, enabling its application to preserve and improve individual health within a community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Rockburn Institute Inc has received a low rating of 54%, which classifies it with a One-Star rating. This rating reflects concerns about the organization's financial accountability and efficiency, particularly indicated by a concerning program expense ratio of only 36.09%. While the organization demonstrates strong governance practices, with a fully independent board and established policies for conflict of interest and whistleblower protections, the overall financial management raises significant red flags.
Strengths of Rockburn Institute include its strong board oversight, as evidenced by a 100% independent board and documented board meeting minutes. The absence of material diversion of assets and the existence of critical policies highlight a commitment to ethical practices. However, the lack of transparency regarding their financial documentation, specifically the missing tax form on the nonprofit's website, detracts from its accountability.
The severe liabilities to assets ratio raises questions about financial stability and operational sustainability. The organization may need to address these financial concerns to improve its overall rating and gain greater trust from potential donors and stakeholders. The current financial indicators suggest that while the governance structure is solid, further efforts are necessary to enhance its fiscal health and programmatic effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Rockburn Institute Inc legitimate?
Rockburn Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockburn 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,564
For more financial information, click here
What is the mission statement of Rockburn Institute Inc?
Rockburn Institute Inc is a research-focused organization committed to improving the quality of healthcare. Their mission is to achieve this through various activities, including conducting health services research to enhance healthcare, improving the efficiency and effectiveness of healthcare institutions, and facilitating the dissemination and application of knowledge to preserve and improve individual health within a community. Their goal is to contribute to the preservation and improvement of health on a community level.
What is the revenue of Rockburn Institute Inc?
Rockburn Institute Inc's revenue in 2022 was $49,833.
Who are the executives of Rockburn Institute Inc and what are their salaries?
The average compensation at Rockburn Institute Inc during 2022 was $8,188. There are 3 employees at Rockburn Institute Inc.
Here are 6 key members and their salaries:
- Compensation: $2,092
- 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
Where can I find the form 990 for Rockburn Institute Inc?
Rockburn Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rockburn Institute Inc
Rockburn Institute Inc is an organization dedicated to enhancing the quality of healthcare through various educational, scientific, and advisory activities. Their mission is twofold: firstly, they aim to improve healthcare services by conducting extensive research in this field. Secondly, they strive to improve the efficiency and effectiveness of healthcare institutions by offering guidance on improved management. Furthermore, Rockburn Institute Inc plays a crucial role in facilitating the development and dissemination of knowledge, ensuring its application for the preservation and improvement of individual health within a community. Their ultimate goal is to contribute to the betterment of healthcare services, ultimately improving the lives of countless individuals.
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Impact
October, 2024
Rockburn Institute Inc has made a significant impact through its commitment to enhancing health care quality and effectiveness. By engaging in health services research, the organization sought to identify best practices that can lead to improved patient outcomes and more efficient management of health care institutions. Its activities focused on developing and disseminating knowledge aimed at bettering individual health within communities. Through educational and advisory efforts, Rockburn aimed to address critical healthcare challenges, making strides toward a more effective and efficient health care system. The efforts to facilitate knowledge application have played a vital role in promoting health and well-being at the community level.
This information is meant to be a general summary of Rockburn 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 2022.
- Gross Receipts: $49,833
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $156,468
- Net Assets: -$156,468
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Organization Details
Founding Year
1978
Principal Officer
D Schumacher
NTEE Category
Code: E00E - Health
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