Overview
What is Oak Crest Institute Of Science?
The Oak Crest Institute of Science is a pioneering research and education center located in Monrovia, California. This nonprofit entity primarily focuses on chemistry and biology, with a mission to nurture a new generation of scientists by engaging students at various academic levels in impactful research projects. Almost all of its income comes from governmental research, primarily from grants awarded by organizations such as the National Institutes of Health, National Science Foundation, and National Aeronautics and Space Administration. These grants support initiatives ranging from the development of innovative technologies for disease prevention and treatment to the enhancement of community college student engagement in science. Additionally, Oak Crest is actively involved in building a science ecosystem in Monrovia, which includes supporting local technology start-ups by providing laboratory space and resources. The institute is staffed by 26 dedicated individuals, committed to fostering the growth of future scientists.
Official website here: www.oak-crest.org
Is Oak Crest Institute Of Science legitimate?
Oak Crest Institute Of Science is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Crest Institute Of Science 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: $376,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $980,349
For more financial information, click here
Official website here: www.oak-crest.org
What is the mission statement of Oak Crest Institute Of Science?
The Oak Crest Institute of Science, serving as a pioneering research and education center, dedicates itself to engaging a diverse range of students at various academic levels in high-impact research. Its primary goal is to nurture the next generation of scientists. The institute primarily relies on governmental research grants for its funding, with significant contributions coming from organizations such as the National Institutes of Health, the National Science Foundation, and the National Aeronautics and Space Administration. These grants support initiatives aimed at developing innovative biomedical technologies for disease prevention and treatment, advancing educational programs in science, and conducting studies that could provide insights into the origin of life on Earth and other planets. Beyond governmental research, the institute also generates income through non-federal research and lab loan out fees and services, contributing a smaller portion to its overall income.
Official website here: www.oak-crest.org
Who is the CEO of Oak Crest Institute Of Science?
Dr Marc Baum is the CEO of Oak Crest Institute Of Science The CEO's salary of Oak Crest Institute Of Science is $221,857 and their total compensation is $240,199.
Official website here: www.oak-crest.org
What is the revenue of Oak Crest Institute Of Science?
Oak Crest Institute Of Science's revenue in 2023 was $7,789,378.
Official website here: www.oak-crest.org
Who are the executives of Oak Crest Institute Of Science and what are their salaries?
The average compensation at Oak Crest Institute Of Science during 2023 was $58,985. There are 23 employees at Oak Crest Institute Of Science.
Here are 6 key members and their salaries (Oak Crest Institute Of Science's CEO's salary is $221,857 and their total compensation is $240,199):
- Compensation: $221,857
- Related: $0
- Other: $18,342
- Compensation: $124,246
- Related: $0
- Other: $12,335
- Compensation: $116,734
- Related: $0
- Other: $19,367
- Compensation: $120,275
- Related: $0
- Other: $5,657
- Compensation: $103,719
- Related: $0
- Other: $12,182
- Compensation: $13,500
- Related: $0
- Other: $0
Official website here: www.oak-crest.org
Where can I find the form 990 for Oak Crest Institute Of Science?
Oak Crest Institute Of Science's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oak-crest.org
Learn more at the official website: www.oak-crest.org
Mission Statement of Oak Crest Institute Of Science
The Oak Crest Institute of Science is a pioneering organization dedicated to advancing chemistry and biology research while fostering the development of future scientists. Situated at the heart of its mission, Oak Crest immerses a broad array of students from various academic backgrounds into high-impact research projects. Through this immersive approach, the institute aims to cultivate the next generation of scientists, one individual at a time.
Fundamentally, Oak Crest relies on governmental research grants to drive its operations, with the National Institutes of Health, the National Science Foundation, and the National Aeronautics and Space Administration being its primary sources of support. These grants fuel Oak Crest's biomedical technology innovation to combat infectious diseases, inspire community college students to engage in science, and shed light on the emergence of life on Earth and other planets.
Beyond its research focus, Oak Crest is committed to building a sustainable science ecosystem in its local community. This initiative involves attracting scientific entrepreneurs and supporting the early stages of their start-ups by offering laboratory space and access. By doing so, Oak Crest aims to foster a network of local technology companies that can provide high-quality employment opportunities to local residents.
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Impact
October, 2024
Oak Crest Institute of Science significantly impacts the fields of research and education, particularly in the areas of biomedicine and scientific innovation. By securing federal grants from prestigious agencies like the National Institutes of Health, the National Science Foundation, and NASA, Oak Crest advances the development of groundbreaking biomedical technologies aimed at combating infectious diseases, enhances educational programs for community college students, and explores fundamental questions about the origin of life.
The Institute’s commitment to fostering a local science ecosystem in Monrovia is also notable. By providing laboratory space and support for emerging scientific entrepreneurs, Oak Crest contributes to the creation of a sustainable network of technology companies, thereby generating high-quality employment opportunities for residents. This initiative not only boosts the local economy but also empowers aspiring scientists by immersing them in high-impact research environments.
Moreover, Oak Crest's dedication to cultivating the next generation of scientists is evident in its approach to education. By engaging students from diverse backgrounds in cutting-edge research, the Institute nurtures individual potential and promotes scientific literacy. This personalized mentorship model not only prepares students for future careers in science but also fosters a deeper appreciation for scientific inquiry in the community. Overall, Oak Crest Institute of Science is playing a vital role in driving innovation and education in both local and broader scientific contexts.
This information is meant to be a general summary of Oak Crest Institute Of Science. 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 2023.
- Investment Income: $211
- Program Service Revenue: $797,583
- Gross Receipts: $7,789,378
Assets and Liabilities:
- Total Assets: $4,953,766
- Total Liabilities: $2,777,575
- Net Assets: $2,176,191
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSTRUMENT USAGE FEE
Revenue
$1,058
LABORATORY LOAN OUT FEES
Revenue
$280,855
RESEARCH PROJ. & TECH ADV
Revenue
$345,455
VENDOR SERVICES
Revenue
$170,215
Organization Details
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