Childrens Research Institute
- Assets
- $14.0m
- Revenue
- $66.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1990
- Data as of
- 06/2021
- EIN
- 52-1654453
Organization Overview
Childrens Research Institute, operating under the name Children's National Research Institute, is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's National Research Institute 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 06/2021, Children's National Research Institute generated $66.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $99.2m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHILDREN'S NATIONAL RESEARCH INSTITUTE CONDUCTS AND PROMOTES TRANSLATIONAL AND CLINICAL MEDICAL RESEARCH AND EDUCATION PROGRAMS THAT LEAD TO IMPROVED UNDERSTANDING, PREVENTION, TREATMENT, AND CARE OF CHILDHOOD DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTER FOR TRANSLATIONAL SCIENCE - SEE SCHEDULE O.
CENTER FOR NEUROSCIENCE RESEARCH - SEE SCHEDULE O.
CENTER FOR CANCER AND IMMUNOLOGY RESEARCH- SEE SCHEDULE O.
CENTER FOR GENETIC MEDICINE RESEARCH: THE CENTER FOR GENETIC MEDICINE RESEARCH RESEARCHES, DIAGNOSES, AND TREATS GENETIC DISORDERS-DISEASES AND CONDITIONS IN CHILDREN THAT ARE CAUSED BY INHERITED GENES THAT DO NOT FUNCTION NORMALLY. FOUNDED IN 1999, THE CENTER EMPHASIZESTRANSLATIONAL RESEARCH (BENCH-TO-BEDSIDE) AND HARNESSES EMERGING TECHNOLOGIES FOR GENETIC AND PROTEOMIC ANALYSIS.RESEARCHERS AT THE CENTER FOR GENETIC MEDICINE RESEARCH CONDUCT BASIC AND CLINICAL RESEARCH INTO SOME OF CHILDHOOD'S MOST WELL-KNOWN GENETIC DISORDERS, INCLUDING ASTHMA AND LUNG DISEASE, DIABETES, INBORN ERRORS OF METABOLISM, MACULAR DEGENERATION, MUSCULAR DYSTROPHIES, SICKLE CELL DISEASE, OBESITY & METABOLIC SYNDROME AND WHITE MATTER DISEASE.ALMOST ALL OF THE CENTER'S PROGRAMS COMBINE BASIC, CLINICAL, AND/OR COMMUNITY RESEARCH, INCLUDING STUDIES OF: MUSCLE PHYSIOLOGY, GENETICS, & METABOLISM AND DUCHENNE MUSCULAR DYSTROPHY. THE CENTER FOR GENETIC MEDICINE RESEARCH HAD $13,732,174 IN EXPENSES FY 2021.SHEIKH ZAYED INSTITUTE (SZI) FOR PEDIATRIC SURGICAL INNOVATION: LAUNCHED IN SEPTEMBER 2009, THE RESEARCH SPACE OFFICIALLY OPENED IN APRIL 2011. THE SHEIKH ZAYED INSTITUTE FOR PEDIATRIC SURGICAL INNOVATION AT CHILDREN'S NATIONAL REDEFINES WHAT IS POSSIBLE IN SURGERY FOR CHILDREN BY COMBINING RESEARCH AND CLINICAL EXPERTISE INTO ONE COLLABORATIVE TEAM. THE INSTITUTE DEVELOPS KNOWLEDGE, TOOLS, AND PROCEDURES THAT BENEFIT CHILDREN IN THE WASHINGTON DC REGION, ACROSS THE COUNTRY, AND AROUND THE WORLD. THE PRIMARY FOCUS IS TO LEARN FROM TODAY'S SURGERIES AND CONDUCT INNOVATIVE RESEARCH BASED ON THAT KNOWLEDGE TO IMPROVE PEDIATRIC SURGERY FOR CHILDREN. EACH YEAR THE SZI FACULTY PUBLISH OVER 90 PEER REVIEWED ARTICLES IN TOP RANKED JOURNALS, MORE THAN 50 NEW PATENTS HAVE FILED TO DATE, AND MORE THAN 10 STARTUP COMPANIES HAVE BEEN ESTABLISHED. ALL FACULTY AT THE SZI NOW HOLD NATIONALLY RECOGNIZED PEER REVIEWED FUNDING. THE SZI HOSTS THE NATIONAL CAPITAL CONSORTIUM FOR PEDIATRIC DEVICES INNOVATION, AN FDA FUNDED PROGRAM (ONE OF THE 8 IN THE COUNTRY), TO SUPPORT PEDIATRIC FOCUSED PRODUCT DEVELOPMENT AND ADVOCACY. THE SHEIKH ZAYED INSTITUTE FOR PEDIATRIC SURGICAL INNOVATION HAD $11,235,598 IN EXPENSES FY 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aldwin Linsday Evp, CFO & Board Treas. From 12/20 | OfficerTrustee | 2 | $0 |
Mark L Batshaw MD Board Vice Chairman | OfficerTrustee | 25 | $0 |
Kurt D Newman MD Pres/ceo(cnmc); Chairman(cri) | OfficerTrustee | 2 | $0 |
Alec King Evp, CFO & Board Treasurer To 10/20 | OfficerTrustee | 2 | $0 |
Mary Anne Hilliard Board Secretary | OfficerTrustee | 2 | $0 |
Vittorio Gallo PHD Chief Research Officer | Officer | 53 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Huron Consulting Group Consulting Services | 6/29/17 | $764,564 |
George Washington University Research Services | 6/29/17 | $1,686,381 |
Johns Hopkins University Research Services | 6/29/17 | $457,703 |
Sparks Personnel Services Inc Consulting Services | 6/29/17 | $449,049 |
Childrens Hospital Corporation Research Services | 6/29/17 | $390,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,775,457 |
| Government grants | $48,008,827 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,458,365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,242,649 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $66,659,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,114,578 |
| Pension plan accruals and contributions | $19,099 |
| Other employee benefits | $3,631,551 |
| Payroll taxes | $2,502,815 |
| Fees for services: Management | $185,288 |
| Fees for services: Legal | $1,108,058 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,385,910 |
| Advertising and promotion | $18,439 |
| Office expenses | $1,074,968 |
| Information technology | $1,021,625 |
| Royalties | $0 |
| Occupancy | $267,611 |
| Travel | $194,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,315 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,290,232 |
| Insurance | $60,232 |
| All other expenses | $890,791 |
| Total functional expenses | $99,232,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,676,260 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,281,775 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,958,035 |
| Accounts payable and accrued expenses | $3,125,010 |
| Grants payable | $0 |
| Deferred revenue | $9,613,853 |
| 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 | $362,611,278 |
| Total liabilities | $375,350,141 |
| Net assets without donor restrictions | -$361,392,106 |
| 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 | $13,958,035 |
Grants Recieved
Over the last fiscal year, we have identified 26 grants that Childrens Research Institute has recieved totaling $2,991,190.
| Awarding Organization | Amount |
|---|---|
Kettering Family Foundation Dayton, OH PURPOSE: ANNUAL GENERAL OPERATING SUPPORT | $500,000 |
American Diabetes Association Arlington, VA PURPOSE: Early Investigator Award | $302,571 |
Foundation To Eradicate Duchenne Inc Alexandria, VA PURPOSE: FUND RESEARCH FOR TREATMENT OF DUCHENNE MUSCULAR DYSTROPHY | $200,000 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $193,655 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 78284 EXAMINING THOSE COMPONENTS OF NETHERLANDS' G | $166,579 |
Hyundai Hope On Wheels Fountain Valley, CA PURPOSE: Raise awareness and support research and treatment of childhood cancer. | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Howard Hughes Medical Institute Chevy Chase, MD | $25,877,392,654 | $2,117,477,557 |
Henry M Jackson Foundation For The Advancement Of Military Medicine Bethesda, MD | $269,976,709 | $569,647,699 |
Elizabeth Glaser Pediatric Aids Foundation Washington, DC | $36,264,265 | $187,687,168 |
Riverside Research Institute Arlington, VA | $107,121,507 | $127,407,208 |
Greater Delaware Valley Society Of Transplant Surgeons Philadelphia, PA | $121,450,335 | $115,440,008 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Paralyzed Veterans Of America Washington, DC | $75,160,828 | $97,544,526 |
Institute For Cancer Research Philadelphia, PA | $148,137,241 | $82,576,402 |
Wistar Institute Of Anatomy & Biology Philadelphia, PA | $414,460,000 | $115,831,000 |
American Association For Cancer Research Philadelphia, PA | $261,131,206 | $103,171,549 |
Foundation For The National Institute Of Health Inc North Bethesda, MD | $221,939,759 | $107,605,691 |
Medstar Health Research Institute Inc Washington, DC | $50,666,334 | $47,234,985 |