Institute For Clinical Research Inc
- Assets
- $20.6m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 30
- Location
- Washington, DC
- Founding
- 07/1984
- Data as of
- 12/2021
- EIN
- 52-1336656
Organization Overview
Institute For Clinical Research Inc is located in Washington, DC. The organization was established in 1984. As of 12/2021, Institute For Clinical Research Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Clinical Research Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Institute For Clinical Research Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $10.8m during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Institute For Clinical Research Inc has awarded 288 individual grants totaling $15,284,356. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND PERFORM MEDICAL AND PHARMACOLOGICAL RESEARCH, RELATED EDUCATIONAL ACTIVITIES AND OTHER RELATED ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT INVESTIGATIONS, EXPERIMENTS AND STUDIES TO DISCOVER, DEVELOP OR CERTIFY KNOWLEDGE RELATING TO THE CAUSES, DIAGNOSES, TREATMENT, PREVENTION, OR CONTROL OF PHYSICAL DISEASE AND IMPAIRMENTS OF PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felix Oliver Executive Director | Officer | 20 | $159,481 |
Michael J Vjecha Project Administrator | 40 | $159,229 | |
Adriana Sanchez Research Manager | 40 | $136,398 | |
Melvin Goodweather Director | Trustee | 1 | $2,000 |
Dr Samir Patel MD Chairman | OfficerTrustee | 2 | $0 |
Dr Pamela Karasik MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,541,180 |
| All other contributions, gifts, grants, and similar amounts not included above | $552,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,093,848 |
| Total Program Service Revenue | $10,504,396 |
| Investment income | $39,870 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,644,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,559,435 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $870,147 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,481 |
| Compensation of current officers, directors, key employees. | $18,972 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,317,094 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,383 |
| Payroll taxes | $124,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,345 |
| Fees for services: Accounting | $20,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,428,844 |
| Advertising and promotion | $688 |
| Office expenses | $140,519 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,976 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,370 |
| Insurance | $3,207 |
| All other expenses | $0 |
| Total functional expenses | $10,809,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,474 |
| Savings and temporary cash investments | $9,943,879 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,392,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,176 |
| Net Land, buildings, and equipment | $61,333 |
| Investments—publicly traded securities | $7,061,625 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,629,782 |
| Accounts payable and accrued expenses | $350,452 |
| Grants payable | $8,291,515 |
| Deferred revenue | $384,889 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,026,856 |
| Net assets without donor restrictions | $11,602,926 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,629,782 |
Grants Awarded
Over the last fiscal year, Institute For Clinical Research Inc has awarded $5,555,513 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: CLINICAL RESEARCH AND STUDY. | $2,303,960 |
USF RESEARCH FOUNDATION PURPOSE: CLINICAL RESEARCH AND STUDY. | $825,673 |
New York, NY PURPOSE: CLINICAL RESEARCH AND STUDY. | $513,020 |
Minneapolis, MN PURPOSE: CLINICAL RESEARCH AND STUDY. | $434,525 |
Torrance, CA PURPOSE: CLINICAL RESEARCH AND STUDY. | $285,525 |
DENVER HEALTH AND HOSPITAL AUTHORITY PURPOSE: CLINICAL RESEARCH AND STUDY. | $273,460 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Institute For Clinical Research Inc has recieved totaling $1,542,008.
| Awarding Organization | Amount |
|---|---|
George Washington University Ashburn, VA PURPOSE: subaward | $661,000 |
Prostate Cancer Foundation Santa Monica, CA PURPOSE: CANCER RESEARCH | $500,000 |
Northwestern University Evanston, IL PURPOSE: Support of research activities | $121,141 |
Yale University New Haven, CT PURPOSE: SUBAWARD - SPONSORED RESEARCH | $93,235 |
Georgetown University Washington, DC PURPOSE: SUBAWARD | $69,690 |
Family Health International Durham, NC PURPOSE: GLOBAL HEALTH | $43,896 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nsabp Foundation Inc Pittsburgh, PA | $90,333,934 | $55,869,172 |
Foundation Fighting Blindness Inc Columbia, MD | $159,573,247 | $35,372,887 |
Transcelerate Biopharma Inc West Conshohocken, PA | $50,373,384 | $31,090,660 |
International Copper Association Ltd Mclean, VA | $20,364,704 | $33,951,443 |
Society For Neuroscience Washington, DC | $106,809,452 | $26,154,667 |
American Cancer Society Cancer Action Network Inc Washington, DC | $18,877,884 | $34,082,078 |
Lieber Institute Inc Baltimore, MD | $31,106,210 | $22,894,222 |
Novant Health Uva Health System Manassas, VA | $716,877 | $19,148,933 |
Conquer Cancer Fdn Of The American Society Of Clinical Oncology Alexandria, VA | $109,850,269 | $24,641,302 |
Centre County Cancer Center State College, PA | $6,772,389 | $27,589,392 |
Nrg Oncology Foundation Inc Philadelphia, PA | $13,392,636 | $27,206,954 |
Wills Eye Ophthalmology Clinic Inc Philadelphia, PA | $5,850,737 | $19,602,999 |