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American-Portuguese Biomedical Research Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731188521 ✦ Norman, OK ✦ Designated as a 501(c)(3)

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Overview

What is American-Portuguese Biomedical Research Fund Inc?

The American-Portuguese Biomedical Research Fund Inc is a nonprofit organization dedicated to conducting medical research, primarily focusing on population studies related to hemochromatosis. They investigate the theory that the immune system plays a crucial role in managing iron toxicity. This research organization's mission is to advance our understanding in this field, contributing to potential breakthroughs and improved healthcare solutions. Based on the provided information, the details regarding the organization's location, number of employees, or any additional programs or initiatives are not available.


Official website here: www.apbrf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.

The American-Portuguese Biomedical Research Fund Inc has received a low rating of 36%, indicating significant concerns regarding its accountability and financial practices. While it does hold a perfect score for having a fully independent board and no material diversion of assets, critical policies such as the conflict of interest and whistleblower policies are missing. These omissions raise concerns about the organization's governance and transparency.

The program expense ratio is notably low at 32.89%, suggesting that a relatively small portion of its resources is directed towards its intended charitable activities. This figure, coupled with a 0.00% liabilities to assets ratio, points to potential issues in financial management and overall effectiveness in fulfilling its mission. The lack of essential document retention policies further compounds these concerns.

Overall, while the organization demonstrates strengths in board independence and asset management, its significant limitations in policy implementation and program funding raise red flags for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is American-Portuguese Biomedical Research Fund Inc legitimate?

American-Portuguese Biomedical Research Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American-Portuguese Biomedical Research Fund 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: $0

For more financial information, click here


Official website here: www.apbrf.org

What is the mission statement of American-Portuguese Biomedical Research Fund Inc?

The American-Portuguese Biomedical Research Fund primarily focuses on medical research, with a particular interest in population studies related to hemochromatosis. They aim to explore the hypothesis that the immunological system plays a significant role in regulating iron toxicity. By conducting this research, the organization seeks to advance our understanding of these conditions and potentially develop new approaches to diagnosis and treatment.


Official website here: www.apbrf.org

Who is the CEO of American-Portuguese Biomedical Research Fund Inc?

Rui M Costa is the President of American-Portuguese Biomedical Research Fund Inc.


Official website here: www.apbrf.org

What is the revenue of American-Portuguese Biomedical Research Fund Inc?

American-Portuguese Biomedical Research Fund Inc's revenue in 2022 was $42,188.


Official website here: www.apbrf.org

Who are the executives of American-Portuguese Biomedical Research Fund Inc and what are their salaries?

There 7 volunteers at American-Portuguese Biomedical Research Fund Inc.


Here are 4 key members and their salaries:


Rui M Costa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lyden (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Portfolio Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Euretta Robinson (Interim Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.apbrf.org

Where can I find the form 990 for American-Portuguese Biomedical Research Fund Inc?

American-Portuguese Biomedical Research Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.apbrf.org

Learn more at the official website: www.apbrf.org

Mission Statement of American-Portuguese Biomedical Research Fund Inc

The American-Portuguese Biomedical Research Fund is dedicated to carrying out medical research, with a particular focus on population studies related to hemochromatosis. This nonprofit organization seeks to challenge the notion that iron toxicity is solely controlled by physiological processes, instead positing that the immune system plays a significant role in this regulation. By exploring this hypothesis, the American-Portuguese Biomedical Research Fund aims to contribute to a deeper understanding of hemochromatosis, a condition characterized by excessive absorption of iron from dietary sources. This research could potentially lead to the development of new diagnostic tools and treatment strategies for individuals affected by this condition.

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Impact




August, 2024

The American-Portuguese Biomedical Research Fund Inc has made a significant impact in the field of medical research, particularly through its focus on conducting population studies related to hemochromatosis. By exploring the hypothesis that the immunological system plays a crucial role in monitoring iron toxicity, the organization is contributing valuable insights to the scientific community. Through its meticulous research efforts, the American-Portuguese Biomedical Research Fund is advancing our understanding of hemochromatosis and its implications for health.




This information is meant to be a general summary of American-Portuguese Biomedical Research Fund 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.

Revenue
$42,188 (2022)
Expenses
$8,613 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,188
  • Gross Receipts: $51,768

Assets and Liabilities:

  • Total Assets: $269,995
  • Total Liabilities: $0
  • Net Assets: $269,995

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Organization Details

Founding Year

1990

Principal Officer

Rui M Costa

Main Address

330 W Gray, Norman, OK, 730697141

NTEE Category

Code: H30 - Medical research

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