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Insight Research Institute

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

EIN: 841835242 ✦ Flint, MI ✦ Designated as a 501(c)(3)

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Overview

What is Insight Research Institute?

Insight Research Institute, situated in Flint, Michigan, is a nonprofit organization backed by Insight. With a mission to foster productive relationships, this scientific organization serves as an incubator, focusing on applied research in the neurosciences and medicine. The Institute initiates and collaborates on biomedical research projects, aiming to create insightful, innovative, and progressive solutions. Its primary goals may lie in the basic sciences or clinical applications, contributing to the broader scientific community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement (60%)

Insight Research Institute has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. The overall score of 60% reflects some strengths in financial management, such as a high program expense ratio of 86.96%, which suggests that a significant portion of its resources is directed towards its mission-related activities. Additionally, the organization demonstrates a commitment to accountability with a majority of independent board members.

However, the organization faces notable limitations, particularly in transparency and governance practices. Key documents, including financial statements and policies regarding conflict of interest, whistleblower protections, and document retention, are missing, which severely impacts its score in these categories. Furthermore, the absence of the organization's website on its tax form raises concerns about accessibility and public engagement.

Overall, while Insight Research Institute shows dedication to its core mission through effective use of funds, it must address the gaps in governance and transparency to improve its standing and build trust with stakeholders.


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

Is Insight Research Institute legitimate?

Insight Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Insight Research 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: $22,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Insight Research Institute?

The Insight Research Institute, a non-profit scientific organization and incubator funded by Insight, focuses on conducting applied research in the neurosciences and medicine. Their primary objective is to generate insightful, innovative, and progressive solutions through both original research projects and collaborations in biomedical research. The institute's goals may be in the basic sciences or clinical applications, aiming to contribute to advancements in these fields.

Who is the CEO of Insight Research Institute?

Dr Jawad Shah is the President of Insight Research Institute.

What is the revenue of Insight Research Institute?

Insight Research Institute's revenue in 2022 was $1,079,880.

Who are the executives of Insight Research Institute and what are their salaries?

There 8 volunteers at Insight Research Institute.


Here are 3 key members and their salaries:


Dr Jawad Shah (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Madha (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abeer Al-Gharaibeh (Dir/Executiv)
  • Compensation: $0
  • Related: $22,988
  • Other: $0
Where can I find the form 990 for Insight Research Institute?

Insight Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Insight Research Institute

Insight Research Institute, a non-profit scientific organization and incubator, is sponsored by Insight. Its mission is to conduct applied research that leads to insightful, innovative, and progressive solutions in the field of neurosciences and medicine. This not-for-profit entity originates and collaborates in biomedical research projects, with primary goals that may span across the basic sciences or clinical applications. By focusing on these areas, Insight Research Institute aims to contribute significantly to the advancement of scientific knowledge and improve the overall health and well-being of individuals.

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Impact




July, 2024

Insight Research Institute's impact lies in its dedication to conducting applied research that leads to insightful, innovative, and progressive solutions for the neurosciences and medicine. The institute collaborates on biomedical research projects with goals in basic sciences or clinical applications. By driving positive and productive relationships with individuals, businesses, and educational institutions within its network of collaborators, Insight Research Institute contributes towards advancements in medical research and the understanding of the neurosciences.




This information is meant to be a general summary of Insight Research 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.

Revenue
$1,079,880 (2022)
Expenses
$770,851 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $7,657
  • Gross Receipts: $1,079,880

Assets and Liabilities:

  • Total Assets: $348,276
  • Total Liabilities: $37,200
  • Net Assets: $311,076

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$7,657

Organization Details

Founding Year

2019

Principal Officer

Dr Jawad Shah

Main Address

4800 S SAGINAW ST, FLINT, MI, 48507

NTEE Category

Code: H96 - Medical research

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