Overview
What is Rome Foundation?
The Rome Foundation, based in Raleigh, North Carolina, serves as a research institution with a primary focus on advancing understanding of the epidemiology and underlying causes of gastrointestinal disorders. The organization strives to accomplish this by conducting clinical research studies. Their mission is twofold: to foster multinational research and collaborations, and to continuously update diagnostic criteria for gastrointestinal disorders. Additionally, the Rome Foundation works towards validating these evolving diagnostic criteria and disseminates their findings to contribute to improved diagnostics, care, and treatment of these disorders.
Official website here: www.theromefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Rome Foundation has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement despite some organizational strengths. The foundation has a good level of independent board members and a robust audit and oversight committee, which reflects positively on its governance and accountability practices. However, the foundation's overall financial management and operational effectiveness have raised concerns, particularly with a low program expense ratio and fundraising efficiency.
While the foundation has strong financial oversight with no material diversion of assets and appropriate conflict of interest policies in place, the absence of a whistleblower policy and issues with the distribution of tax forms to the board raise questions about its operational transparency. The program expense ratio, at just over 50%, indicates that a significant portion of its resources may not be directed toward program activities, which is a critical concern for potential donors and stakeholders.
In summary, while the Rome Foundation demonstrates solid governance practices, the areas identified for improvement, particularly in financial management and transparency, may hinder its effectiveness and donor confidence. Addressing these limitations could enhance its overall impact and enable more effective service delivery in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rome Foundation legitimate?
Rome Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rome Foundation 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: $251,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,604
For more financial information, click here
Official website here: www.theromefoundation.org
What is the mission statement of Rome Foundation?
The Rome Foundation's mission is centered around supporting and fostering multinational research in the field of gastrointestinal disorders. Their goal is to develop and update diagnostic criteria for these conditions, establish validation mechanisms for evolving criteria, and disseminate findings and recommendations related to diagnostics, care, and treatment. The organization also strives to increase knowledge about the epidemiology and pathophysiology of these disorders through clinical research studies. Their activities primarily focus on promoting advancements in the understanding and management of gastrointestinal disorders.
Official website here: www.theromefoundation.org
Who is the CEO of Rome Foundation?
Douglas A Drossman is the CEO of Rome Foundation The CEO's salary of Rome Foundation is $114,000 and their total compensation is $114,000.
Official website here: www.theromefoundation.org
What is the revenue of Rome Foundation?
Rome Foundation's revenue in 2023 was $2,673,485.
Official website here: www.theromefoundation.org
Who are the executives of Rome Foundation and what are their salaries?
Here are 14 key members and their salaries (Rome Foundation's CEO's salary is $114,000 and their total compensation is $114,000):
- Compensation: $114,000
- Related: $0
- Other: $0
- Compensation: $60,663
- Related: $0
- Other: $0
- Compensation: $34,500
- Related: $0
- Other: $0
- Compensation: $10,129
- Related: $0
- Other: $0
- Compensation: $4,167
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
Official website here: www.theromefoundation.org
Where can I find the form 990 for Rome Foundation?
Rome Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theromefoundation.org
Learn more at the official website: www.theromefoundation.org
Mission Statement of Rome Foundation
The Rome Foundation, a renowned organization, is dedicated to supporting and promoting multinational research in the field of gastrointestinal disorders. Its primary mission is threefold: to develop and update diagnostic criteria, establish mechanisms for validating evolving diagnostic criteria, and disseminate findings and recommendations in the realm of diagnostics, care, and treatment for these disorders. The foundation's ultimate goal is to increase the collective understanding of the epidemiology and pathophysiology of these conditions through clinical research studies, thereby contributing to improved diagnosis and treatment.
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Impact
July, 2024
Rome Foundation's impact lies in advancing research, updating diagnostic criteria, and validating evolving standards for gastrointestinal disorders. Through multinational collaboration, the organization increases knowledge of these conditions' epidemiology and pathophysiology, leading to improved diagnostics, care, and treatment. Its efforts benefit not only researchers and healthcare professionals but also individuals suffering from gastrointestinal disorders worldwide.
This information is meant to be a general summary of Rome Foundation. 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: $6,555
- Program Service Revenue: $1,511,123
- Gross Receipts: $2,673,485
Assets and Liabilities:
- Total Assets: $1,884,472
- Total Liabilities: $56,065
- Net Assets: $1,828,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Licensing / Copyrights
Revenue
$1,479,549
Sales
Revenue
$31,574
Organization Details
Founding Year
1996
Principal Officer
Douglas A Drossman
Website
www.theromefoundation.orgNTEE Category
Code: H70 - Medical research
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