Overview
What is Standards Coordinating Body For Gene Cell And Regenerative Medicine?
The Standards Coordinating Body for Gene, Cell, and Regenerative Medicine is a nonprofit organization situated in Gaithersburg, Maryland. Its primary purpose is to facilitate the advancement and increased recognition of standards within the rapidly evolving regenerative medicine and cell-based drug discovery community. By organizing events, workshops, and networking opportunities, they aim to share techniques and best practices, ensuring the development of safe, effective, and consistent products. The organization benefits scientists and engineers responsible for creating and managing scalable processes and assays, providing them with expertise, knowledge, and a platform to collaborate. With a workforce of five dedicated individuals, the Standards Coordinating Body contributes to the availability of life-changing functional cures globally.
Official website here: www.standardscoordinatingbody.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Standards Coordinating Body for Gene Cell and Regenerative Medicine has received a "Needs Improvement" rating from Charity Navigator, indicating that while it performs well in certain areas, there are significant concerns that affect its overall standing. The organization excels in accountability and finance with a perfect score of 100%, demonstrating strong governance practices and financial transparency. However, it struggles in policy implementation, particularly regarding whistleblower and document retention policies, which received zero points.
The organization has a solid program expense ratio of 77.54%, suggesting that a substantial portion of its funds is directed towards its mission-related activities. Additionally, it benefits from a board of directors composed entirely of independent members, which enhances its governance structure. However, the liabilities to assets ratio at 57.99% indicates a potential financial risk, as it shows that more than half of the organization's assets are tied up in liabilities.
Despite these strengths, the absence of key governance policies and the high liabilities could pose challenges for the nonprofit's sustainability and effectiveness in the long term. Stakeholders may want to closely monitor these areas to ensure that the organization can continue to fulfill its mission successfully.
This AI summary has been generated from information found on Charity Navigator.
Is Standards Coordinating Body For Gene Cell And Regenerative Medicine legitimate?
Standards Coordinating Body For Gene Cell And Regenerative Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Standards Coordinating Body For Gene Cell And Regenerative Medicine 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: $146,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $396,830
For more financial information, click here
Official website here: www.standardscoordinatingbody.org
What is the mission statement of Standards Coordinating Body For Gene Cell And Regenerative Medicine?
The Standards Coordinating Body for Gene Cell and Regenerative Medicine is dedicated to accelerating the advancement and enhancing the awareness of standards that cater to the rapidly evolving needs of the global regenerative medicine and cell-based drug discovery community. Their mission is to facilitate the availability of life-changing functional cures. This organization benefits scientists and engineers involved in creating and managing scalable and reproducible processes by providing them with expertise, knowledge, networking events, and educational workshops. Through these resources, professionals can access and share the techniques and best practices necessary for producing safe, effective, and consistent products.
Official website here: www.standardscoordinatingbody.org
Who is the CEO of Standards Coordinating Body For Gene Cell And Regenerative Medicine?
Justin Barch is the President of Standards Coordinating Body For Gene Cell And Regenerative Medicine.
Official website here: www.standardscoordinatingbody.org
What is the revenue of Standards Coordinating Body For Gene Cell And Regenerative Medicine?
Standards Coordinating Body For Gene Cell And Regenerative Medicine's revenue in 2022 was $794,895.
Official website here: www.standardscoordinatingbody.org
Who are the executives of Standards Coordinating Body For Gene Cell And Regenerative Medicine and what are their salaries?
The average compensation at Standards Coordinating Body For Gene Cell And Regenerative Medicine during 2022 was $108,597. There are 5 employees and 100 volunteers at Standards Coordinating Body For Gene Cell And Regenerative Medicine.
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Official website here: www.standardscoordinatingbody.org
Where can I find the form 990 for Standards Coordinating Body For Gene Cell And Regenerative Medicine?
Standards Coordinating Body For Gene Cell And Regenerative Medicine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.standardscoordinatingbody.org
Learn more at the official website: www.standardscoordinatingbody.org
Mission Statement of Standards Coordinating Body For Gene Cell And Regenerative Medicine
The Standards Coordinating Body for Gene Cell and Regenerative Medicine, abbreviated as SCB, is dedicated to facilitating the rapid advancement and enhanced awareness of standards in the rapidly evolving field of regenerative medicine and cell-based drug discovery. Its mission is to promote the availability of life-changing functional cures by coordinating the needs of the global regenerative medicine community. By doing so, the SCB directly benefits scientists and engineers who are responsible for creating and managing scalable and reproducible processes.
The organization achieves its mission through various means, such as helmed projects, expertise, knowledge sharing, networking events, and educational workshops. These initiatives enable professionals in the field to access and share the techniques and best practices needed for producing safe, effective, and consistent products. The SCB plays a crucial role in ensuring the quality of products in the field of regenerative medicine, ultimately contributing to the development of innovative therapies and treatments. By coordinating the needs of the global regenerative medicine community, the SCB is instrumental in accelerating the discovery of life-changing functional cures.
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Impact
July, 2024
Standards Coordinating Body For Gene Cell And Regenerative Medicine's impact lies in its coordination of the accelerated advancement and improved awareness of standards that cater to the rapidly evolving needs of the global regenerative medicine and cell-based drug discovery community. The organization directly benefits scientists and engineers by providing them with the necessary resources and knowledge for creating and managing scalable and reproducible processes, ensuring indisputable quality in their work.
Through SCB-led projects, expertise, networking events, and educational workshops, professionals in the field gain access to techniques and best practices essential for developing safe, effective, and consistent products. By facilitating collaboration and knowledge-sharing, the Standards Coordinating Body For Gene Cell And Regenerative Medicine plays a crucial role in driving innovation and progress in the field of regenerative medicine.
This information is meant to be a general summary of Standards Coordinating Body For Gene Cell And Regenerative Medicine. 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.
- Program Service Revenue: $784,485
- Gross Receipts: $794,895
Assets and Liabilities:
- Total Assets: $113,159
- Total Liabilities: $65,629
- Net Assets: $47,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STANDARDS DEVELOPMENT
Revenue
$784,485
Organization Details
Founding Year
2016
Phone
(301) 975-6822Principal Officer
Justin Barch
Main Address
100 BUREAU DR MS8543 BLD224 A105, GAITHERSBURG, MD, 208998543
NTEE Category
Code: U20 - Science research
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