Overview
What is American Institute Of Biological Sciences Inc?
The American Institute of Biological Sciences Inc, based in Herndon, Virginia, serves as a reputable organization in the realm of scientific research. With over half a century of experience, they provide independent and highly credible peer review services to various funding organizations, including private foundations, government entities, academic institutions, and non-profit organizations. These organizations support a wide array of missions. The American Institute of Biological Sciences (AIBS) fosters the use of science to inform decision-making, ultimately benefiting both science and society. Their SPARS division, in particular, facilitates expert peer review, ensuring that the most meritorious scientific research is funded and recognized. With a team of 15 dedicated employees, AIBS continues to promote the advancement of biology through its peer review services.
Official website here: www.aibs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The American Institute of Biological Sciences Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 74%. The organization demonstrates strong accountability and governance practices, including having a fully independent board and a robust financial oversight committee. Their policies on conflict of interest, whistleblower protection, and document retention are all in place, indicating a commitment to organizational integrity.
However, the organization faces challenges in its program expense ratio, which is notably low at 52.19%. This suggests that a smaller portion of their expenditures is directed towards program-related activities, raising questions about the effectiveness of their resource allocation. Although they perform well in financial accountability, the impact of their programs may be a concern for potential donors.
Overall, while the American Institute of Biological Sciences Inc is commendable in its governance and financial oversight, potential supporters may want to consider the implications of their program funding before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is American Institute Of Biological Sciences Inc legitimate?
American Institute Of Biological Sciences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute Of Biological Sciences 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: $283,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,191,755
For more financial information, click here
Official website here: www.aibs.org
What is the mission statement of American Institute Of Biological Sciences Inc?
The American Institute of Biological Sciences (AIBS) is a national scientific organization that advocates for the application of science in decision-making. Its mission is to advance biology for the benefit of both science and society. AIBS accomplishes this through various initiatives, all united by a commitment to this objective.
Specifically, AIBS operates the SPARS division, which provides scientific peer review services to funding organizations. This division offers independent, highly credible, and expert peer review for evaluating proposed research and assessing ongoing or completed research. By doing so, AIBS enables the most meritorious science to be supported.
AIBS has over 50 years of experience in partnering with a diverse range of funding organizations. These include private foundations, government entities, academic institutions, and non-profit organizations. All of these organizations support various missions. Through AIBS, these organizations can access all forms of expert peer review.
The 501(c)(3) tax-exempt status of AIBS provides clients and the general public with external, independent, and informed peer-reviewed scientific research/findings. This ensures that the scientific process remains transparent and trustworthy. In this way, AIBS plays a crucial role in promoting the use of science in decision-making.
Official website here: www.aibs.org
Who is the CEO of American Institute Of Biological Sciences Inc?
Scott Glisson is the CEO of American Institute Of Biological Sciences Inc The CEO's salary of American Institute Of Biological Sciences Inc is $257,152 and their total compensation is $283,751.
Official website here: www.aibs.org
What is the revenue of American Institute Of Biological Sciences Inc?
American Institute Of Biological Sciences Inc's revenue in 2023 was $2,824,441.
Official website here: www.aibs.org
Who are the executives of American Institute Of Biological Sciences Inc and what are their salaries?
The average compensation at American Institute Of Biological Sciences Inc during 2023 was $98,367. There are 15 employees and 16 volunteers at American Institute Of Biological Sciences Inc.
Here are 22 key members and their salaries (American Institute Of Biological Sciences Inc's CEO's salary is $257,152 and their total compensation is $283,751):
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- Compensation: $257,152
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- Compensation: $125,000
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- Other: $7,616
Official website here: www.aibs.org
Where can I find the form 990 for American Institute Of Biological Sciences Inc?
American Institute Of Biological Sciences Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aibs.org
Learn more at the official website: www.aibs.org
Mission Statement of American Institute Of Biological Sciences Inc
The American Institute of Biological Sciences (AIBS) is a distinguished scientific organization that prioritizes the application of scientific knowledge to inform decision-making, ultimately advancing biology for the betterment of science and society. A central component of AIBS's mission is its initiative to collaborate with various scientific funding organizations, providing them with reliable, expert peer review services. These services are instrumental in evaluating proposed research and assessing ongoing or completed research, thereby enabling the promotion of the most meritorious science. Since its inception over half a century ago, AIBS has forged partnerships with a diverse array of funding entities, including private foundations, government entities, academic institutions, and non-profit organizations, all of which share a wide range of missions. By facilitating expert peer review in all its forms, AIBS ensures that its clients and the general public have access to independent, highly credible, and well-informed peer-reviewed scientific research and findings.
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Impact
July, 2024
The American Institute Of Biological Sciences Inc's impact lies in its Scientific Peer Advisory and Review Services division. This division works to provide scientific funding organizations with independent, highly credible, expert peer review services for evaluating proposed research and assessing ongoing or completed research. With over 50 years of experience partnering with a diverse group of funding organizations including private foundations, government entities, academic institutions, and non-profit organizations, AIBS facilitates all forms of expert peer review. This ensures that the most meritorious science is supported and advanced, benefiting both the scientific community and society at large.
This information is meant to be a general summary of American Institute Of Biological Sciences 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: $38,423
- Program Service Revenue: $2,304,387
- Gross Receipts: $3,366,425
Assets and Liabilities:
- Total Assets: $2,715,332
- Total Liabilities: $908,510
- Net Assets: $1,806,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NONFEDERAL CONTRACTS
Revenue
$1,789,122
PUBLICATIONS
Revenue
$426,125
MEMBERSHIP SERVICES
Revenue
$83,300
FEDERAL CONTRACTS
Revenue
$5,840
Organization Details
Founding Year
1955
Principal Officer
Scott Glisson
Website
www.aibs.orgNTEE Category
Code: U50C - Science research
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