Overview
What is Institute For Advanced Clinical Trials For Children?
The Institute for Advanced Clinical Trials for Children is a nonprofit organization based in Rockville, Maryland. Their primary focus is on enhancing pediatric clinical research, aiming to improve processes and accelerate the development of innovative products for children. They offer expert guidance and input on pediatric clinical development plans and trials, and connect qualified clinical trial sites with sponsors. The organization convenes working groups to address common challenges in pediatric clinical development, facilitating research in accordance with best practices. In 2022, they organized a series of meetings leading to a webinar series in 2023 on anti-bacterial drug development. The Institute functions as an educational, scientific, and research organization, promoting best practices and strategies for pediatric clinical research and treatment. They educate members and others about these best practices, disseminate information, and facilitate communication among researchers and stakeholders.
Official website here: www.iactc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 54%, One-Star out of Four Star rating.
The Institute For Advanced Clinical Trials For Children received a low overall rating of 54%, indicating potential concerns regarding its financial management and program efficiency. While the organization excels in governance and accountability with a fully independent board and strong oversight policies, its financial ratios highlight significant weaknesses. The low program expense ratio and fundraising efficiency suggest that a substantial portion of its resources may not be directed towards its core mission.
Despite these financial challenges, the organization has demonstrated a positive culture and community engagement, evidenced by perfect scores in constituent feedback and feedback practices. This indicates that the nonprofit is effectively collecting and utilizing feedback from those it serves. The equity strategies score of 83 out of 100 reflects a commitment to inclusivity, although the organization could improve by enhancing its equity data collection and policies.
Overall, while the Institute For Advanced Clinical Trials For Children shows strengths in governance and community engagement, its financial health requires attention. Prospective donors and supporters should consider these factors when evaluating the organization's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Advanced Clinical Trials For Children legitimate?
Institute For Advanced Clinical Trials For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Advanced Clinical Trials For Children 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: $1,983,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,198,376
For more financial information, click here
Official website here: www.iactc.org
What is the mission statement of Institute For Advanced Clinical Trials For Children?
The Institute for Advanced Clinical Trials for Children serves as a non-profit educational, scientific, and research organization. Its primary mission is to advance pediatric clinical research, as prescribed by regulations. This is achieved through various means. Firstly, it strives to develop, enhance, accumulate, and maintain scientific knowledge regarding best practices and strategies for conducting pediatric clinical research and treating children. Secondly, it educates its members and others about these best practices and strategies, helping them obtain high-quality data beneficial for scientific advancement. Lastly, it disseminates information and scientific research, facilitating communication among researchers, clinical research sponsors, regulators, and other stakeholders regarding best practices and strategies for conducting pediatric clinical research.
Official website here: www.iactc.org
Who is the CEO of Institute For Advanced Clinical Trials For Children?
Laura Lopez is the Chairwoman of Institute For Advanced Clinical Trials For Children. The CEO's salary of Institute For Advanced Clinical Trials For Children is $368,735 and their total compensation is $405,351.
Official website here: www.iactc.org
What is the revenue of Institute For Advanced Clinical Trials For Children?
Institute For Advanced Clinical Trials For Children's revenue in 2022 was $3,274,066.
Official website here: www.iactc.org
Who are the executives of Institute For Advanced Clinical Trials For Children and what are their salaries?
The average compensation at Institute For Advanced Clinical Trials For Children during 2022 was $127,271. There are 25 employees and 8 volunteers at Institute For Advanced Clinical Trials For Children.
Here are 20 key members and their salaries (Institute For Advanced Clinical Trials For Children's CEO's salary is $368,735 and their total compensation is $405,351):
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- Compensation: $329,477
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- Other: $10,281
- Compensation: $368,735
- Related: $0
- Other: $36,616
- Compensation: $305,998
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- Other: $38,436
- Compensation: $181,865
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- Other: $24,028
- Compensation: $210,246
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- Other: $8,323
- Compensation: $208,423
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- Other: $28,688
- Compensation: $207,829
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- Other: $24,457
- Compensation: $131,306
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- Other: $6,419
- Compensation: $163,350
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- Other: $8,589
- Compensation: $142,839
- Related: $0
- Other: $15,995
- Compensation: $114,735
- Related: $0
- Other: $19,363
- Compensation: $130,604
- Related: $0
- Other: $19,488
Official website here: www.iactc.org
Where can I find the form 990 for Institute For Advanced Clinical Trials For Children?
Institute For Advanced Clinical Trials For Children's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iactc.org
Learn more at the official website: www.iactc.org
Mission Statement of Institute For Advanced Clinical Trials For Children
The Institute for Advanced Clinical Trials for Children functions as a non-profit educational, scientific, and research organization. Its primary mission is to facilitate and advance pediatric clinical research, as prescribed by regulations. To achieve this, the Institute focuses on three key areas. Firstly, it strives to develop, advance, accumulate, and maintain scientific knowledge regarding the best practices and strategies for conducting pediatric clinical research and treating children. Secondly, the Institute educates its members and others about these best practices and strategies, aiding them in obtaining high-quality data that can contribute to the advancement of scientific knowledge. Lastly, the Institute disseminates information and scientific research to researchers, clinical research sponsors, regulators, and other stakeholders, promoting communication and collaboration regarding the conduct of pediatric clinical research. By serving as a hub for knowledge and collaboration, the Institute for Advanced Clinical Trials for Children plays a crucial role in advancing pediatric clinical research and improving the treatment of children.
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Impact
July, 2024
The impact of the Institute for Advanced Clinical Trials for Children is significant in the field of pediatric clinical research and treatment. The organization provides expert guidance and input on pediatric clinical development plans and trials, aiming to enhance processes and accelerate the development of innovative products for children. It also connects clinical trial sites with sponsors, facilitating pediatric clinical research and addressing common issues in a precompetitive manner.
Furthermore, the institute conducts educational, scientific, and research activities to advance pediatric clinical research and treatment. By developing and disseminating best practices and strategies, educating members, and promoting communication among stakeholders, the organization plays a crucial role in improving scientific knowledge and enhancing the quality of data in pediatric research.
Through its mission to enable and advance pediatric clinical research, the Institute for Advanced Clinical Trials for Children contributes significantly to the advancement of medical research, particularly in the realm of pediatric healthcare.
This information is meant to be a general summary of Institute For Advanced Clinical Trials For Children. 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.
- Investment Income: -$15,128
- Program Service Revenue: $935,146
- Gross Receipts: $3,309,135
Assets and Liabilities:
- Total Assets: $5,456,460
- Total Liabilities: $258,426
- Net Assets: $5,198,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINICAL PROGRAM GUIDA
Revenue
$935,146
Organization Details
Founding Year
2016
Phone
(301) 605-7571Principal Officer
Laura Lopez
Main Address
9200 CORPORATE BLVD 350, ROCKVILLE, MD, 20850
Website
www.iactc.orgNTEE Category
Code: H98 - Medical research
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