Overview
What is Applied Biomedical Science Institute?
The Applied Biomedical Science Institute, often referred to as ABS Institute, is a nonprofit organization situated in San Diego, California. Its primary objective is to conduct and promote comprehensive biomedical research, focusing on the biological mechanisms underlying various diseases and their resolutions. This research encompasses molecular, genetic, cellular, and physiological studies, with results being published in renowned peer-reviewed journals and presented at scientific meetings and conferences worldwide. The institute is committed to fostering therapeutic translation through internal research, collaborations, or licensing activities of its research findings or intellectual property. Additionally, it offers post-doctoral fellow and internship programs to train early-stage researchers in biomedical research. The institute's online presence also plays a significant role, as it aims to promote education and provide resources for a broader audience through its website. In summary, the Applied Biomedical Science Institute is dedicated to pushing the boundaries of medical innovation through cutting-edge basic and translational research in the field of biomedical sciences.
Official website here: www.absinstitute.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Applied Biomedical Science Institute has received a respectable Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization excels in governance, with a majority of independent board members and comprehensive financial oversight, contributing to its high score in various accountability metrics.
Strengths of the organization include a solid program expense ratio, with 71.45% of expenditures directed towards programs, demonstrating effective resource allocation. Additionally, the presence of essential policies such as conflict of interest and whistleblower protections indicates a commitment to transparency and ethical practices.
However, while the financial oversight is commendable, the rating is based solely on accountability and finance, which may not provide a complete picture of the organization’s overall impact or program effectiveness. Potential donors and supporters may wish to seek additional information regarding the organization's program outcomes and community engagement efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Applied Biomedical Science Institute legitimate?
Applied Biomedical Science Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Applied Biomedical Science Institute 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: $205,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,299,888
For more financial information, click here
Official website here: www.absinstitute.org
What is the mission statement of Applied Biomedical Science Institute?
The Applied Biomedical Science Institute is dedicated to promoting and conducting cutting-edge biomedical research. Their primary goal is to advance the understanding and treatment of underserved medical conditions. The institute carries out both basic and translational research, focusing on biological mechanisms of disease pathogenesis and resolution. This involves molecular, genetic, cellular, and physiological studies. The results of their research are published in peer-reviewed journals and presented at scientific meetings and conferences. The institute also promotes therapeutic translation through internal research, collaborations, or licensing activities of its findings. In addition, they train early-stage researchers through post-doctoral fellow and internship programs. A part of their activities includes promoting education and providing resources through their website.
Official website here: www.absinstitute.org
Who is the CEO of Applied Biomedical Science Institute?
Vaughn Smider is the President of Applied Biomedical Science Institute.
Official website here: www.absinstitute.org
What is the revenue of Applied Biomedical Science Institute?
Applied Biomedical Science Institute's revenue in 2022 was $3,480,044.
Official website here: www.absinstitute.org
Who are the executives of Applied Biomedical Science Institute and what are their salaries?
The average compensation at Applied Biomedical Science Institute during 2022 was $79,255. There are 19 employees and 3 volunteers at Applied Biomedical Science Institute.
Here are 5 key members and their salaries:
- Compensation: $142,761
- Related: $0
- Other: $13,317
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $49,875
- Related: $0
- Other: $0
Official website here: www.absinstitute.org
Where can I find the form 990 for Applied Biomedical Science Institute?
Applied Biomedical Science Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.absinstitute.org
Learn more at the official website: www.absinstitute.org
Mission Statement of Applied Biomedical Science Institute
The Applied Biomedical Science Institute, abbreviated as ABS Institute, is dedicated to promoting and executing pioneering biomedical research. Its primary mission is to advance the comprehension and treatment of underserved medical conditions. The institute specializes in conducting both fundamental and translational biomedical research, focusing on biological mechanisms underlying disease pathogenesis and resolution.
Through molecular, genetic, cellular, and physiological studies, the ABS Institute aims to uncover new insights into various diseases. As part of its research endeavors, the institute publishes its findings in peer-reviewed publications and presents them at national and international scientific meetings and conferences. Furthermore, the institute promotes therapeutic translation by engaging in internal research, collaborations, or licensing activities related to its research findings or intellectual property.
In addition to its research activities, the ABS Institute also plays a role in training early-stage researchers. It offers post-doctoral fellow and internship programs to cultivate talents in the field of biomedical research. Moreover, the institute extends its reach beyond research by providing educational resources through its website.
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Impact
July, 2024
The Applied Biomedical Science Institute, based in San Diego, CA, is actively engaging in cutting-edge basic and translational research that is crucial for medical innovation. With a mission to advance the understanding and treatment of underserved medical conditions, the ABS Institute is dedicated to conducting biomedical research that delves into the biological mechanisms of disease pathogenesis and resolution.
Through its work, the institute is not only contributing to the body of scientific knowledge but also striving to make a tangible impact on healthcare outcomes. By publishing research findings in peer-reviewed publications and presenting at national and international scientific gatherings, the ABS Institute is disseminating valuable information that can potentially shape the future of medical treatments for a wide range of conditions.
Furthermore, the institute's commitment to training early-stage researchers through post-doctoral fellowships and internship programs is nurturing the next generation of biomedical scientists. By providing education resources through its website, the ABS Institute is also playing a role in sharing knowledge and fostering collaboration within the scientific community.
In essence, the impact of the Applied Biomedical Science Institute extends beyond the confines of its lab walls, influencing the field of medical research and potentially paving the way for advancements in healthcare that could benefit individuals worldwide.
This information is meant to be a general summary of Applied Biomedical Science Institute. 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: $1,168
- Program Service Revenue: $1,335,984
- Gross Receipts: $3,552,807
Assets and Liabilities:
- Total Assets: $2,861,100
- Total Liabilities: $2,198,974
- Net Assets: $662,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$1,028,502
LICENSING REVENUE
Revenue
$307,482
Organization Details
Founding Year
2018
Phone
(858) 346-6300Principal Officer
Vaughn Smider
Main Address
11011 VIA FRONTERA SUITE D, SAN DIEGO, CA, 92127
Website
www.absinstitute.orgNTEE Category
Code: H92 - Medical research
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