Miami Children's Hospital Research Institute INC is located in Miami, FL. The organization was established in 1989. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2020, Miami Children's Hospital Research Institute INC employed 43 individuals. Miami Children's Hospital Research Institute 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 12/2019, Miami Children's Hospital Research Institute INC generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $6.5m during the year ending 12/2019. While expenses have increased by 20.5% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MIAMI CHILDREN'S RESEARCH INSTITUTE (MCRI) PROVIDES INFRASTRUCTURE AND CLINICAL RESEARCH SERVICES TO SUPPORT AND STREAMLINE CLINICAL AND TRANSLATIONAL RESEARCH ACTIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIAMI CHILDREN'S RESEARCH INSTITUTE (MCRI, CURRENTLY OPERATING AS NICKLAUS CHILDREN'S HOSPITAL RESEARCH INSTITUTE) IS ONE OF THE LARGEST PROVIDERS OF PEDIATRIC MEDICAL RESEARCH IN THE SOUTHEASTERN UNITED STATES. IN 2020, THE NICKLAUS CHILDREN'S HOSPITAL RESEARCH INSTITUTE (NCHRI) PARTICIPATED IN MORE THAN 300 RESEARCH STUDIES, MANY INVOLVING NEW MEDICATIONS AND INTERVENTIONS FOR CHILDREN WITH COMPLEX OR CHRONIC NEEDS. THE NCHRI WAS THE FIRST PEDIATRIC RESEARCH PROGRAM IN THE STATE OF FLORIDA TO RECEIVE ACCREDITATION BY THE ASSOCIATION FOR ACCREDITATION OF HUMAN RESEARCH PROTECTION PROGRAMS (AAHRPP) AND WAS MOST RECENTLY REACCREDITED IN 2017. AAHRPP ACCREDITATION AFFIRMS AN ORGANIZATIONAL COMMITMENT TO MAINTAINING THE MOST STRINGENT STANDARDS IN PROTECTING THE SAFETY OF RESEARCH PARTICIPANTS AND IN EDUCATING PARTICIPANTS AND THEIR FAMILIES REGARDING RISKS AND POTENTIAL BENEFITS OF TAKING PART IN RESEARCH ACTIVITIES. THE NCHRI MISSION IS TO: - PROVIDE LEADERSHIP, EDUCATION, EXPERTISE AND GUIDANCE TO CLINICAL RESEARCH PROFESSIONALS AT NICKLAUS CHILDREN'S HOSPITAL (NCH) AND ITS AFFILIATES - SERVE AS A CENTRALIZED RESOURCE WITHIN NCH TO SUPPORT CONDUCT OF INTERDISCIPLINARY AND PATIENT-ORIENTED RESEARCH FOCUSING ON CLINICAL TRIALS - PROVIDE A PRIMARY POINT OF CONTACT FOR SPONSORS AND INVESTIGATORS - SERVE AS AN EDUCATIONAL RESOURCE TO INVESTIGATORS AND RESEARCH STAFF - PROVIDE AN INTERFACE WITH THE RESEARCH PARTICIPANT COMMUNITY THE NICKLAUS CHILDREN'S HOSPITAL RESEARCH INSTITUTE (NCHRI) STRIVES TO PROMOTE EFFICIENCY, STANDARDIZATION, COMPLIANCE AND RESPONSIBLE CLINICAL RESEARCH CONDUCT THROUGH EDUCATION, QUALITY ASSURANCE VISITS, POSITIVE INFLUENCE AND GUIDED INTERNAL AND COMMUNITY LEADERSHIP. THE NCHRI PROVIDES RESEARCH SUPPORT SERVICES FOR ALL TYPES OF CLINICAL RESEARCH STUDIES INCLUDING THOSE INITIATED BY INDUSTRY PARTNERS, EXTERNAL INSTITUTIONS, AND NCH INVESTIGATORS. SPECIFIC SERVICES INCLUDE PROPOSAL AND PROTOCOL DEVELOPMENT, BUDGET PREPARATION AND NEGOTIATION, CONTRACT NEGOTIATION, REGULATORY SUBMISSION ASSISTANCE, REGULATORY GUIDANCE, EDUCATION, TRAINING AND CLINICAL RESEARCH COORDINATOR SUPPORT. IN ADDITION, THE NCHRI SERVES AS THE HOME TO INTERDISCIPLINARY RESEARCH INITIATIVES AND ENGAGES THE COMMUNITY BY INCREASING AWARENESS ABOUT NICKLAUS CHILDREN'S HEALTH SYSTEM (FORMERLY MIAMI CHILDREN'S HEALTH SYSTEM) RESEARCH INITIATIVES. THE NCHRI SUPPORTS RESEARCH ACTIVITIES ACROSS NICKLAUS CHILDREN'S HEALTH SYSTEM INCLUDING THE NEUROLOGY, NEUROSURGERY, HEMATOLOGY AND ONCOLOGY, PERSONALIZED MEDICINE, GENETICS, GENOMICS, CLINICAL PSYCHOLOGY, CARDIOLOGY, CARDIOVASCULAR SURGERY, ORTHOPEDICS, NEPHROLOGY, PULMONOLOGY, DERMATOLOGY, ENDOCRINOLOGY, GASTROENTEROLOGY, INFECTIOUS DISEASE, PSYCHIATRY, CRITICAL CARE, RADIOLOGY, REHABILITATIVE MEDICINE, RHEUMATOLOGY AND UROLOGY. IN ADDITION THE NCHRI WORKS COLLABORATIVELY WITH GRADUATE MEDICAL EDUCATION TO SUPPORT THE RESEARCH EFFORTS OF OUR RESIDENTS AND FELLOWS. AS PART OF ITS SUPPORT FOR HEMATOLOGY-ONCOLOGY RESEARCH, NICKLAUS CHILDREN'S HOSPITAL MAINTAINS FULL MEMBERSHIP IN THE CHILDREN'S ONCOLOGY GROUP (COG), A FEDERALLY FUNDED CONSORTIUM OF PEDIATRIC HOSPITALS AND DEPARTMENTS CONDUCTING A LARGE ARRAY OF CLINICAL RESEARCH STUDIES OFFERING VARIED TREATMENTS FOR THE SPECTRUM OF CHILDHOOD CANCERS. IN ADDITION, THE RESEARCH INSTITUTE SUPPORTS CLINICAL TRIALS FUNDED BY INDUSTRY AND ACADEMIC PARTNERS OFFERING NOVEL AND INNOVATIVE TREATMENTS FOR CHILDHOOD CANCERS AND HEMATOLOGIC DISEASES. IN CLOSE COLLABORATION WITH THE NICKLAUS CHILDREN'S HOSPITAL BRAIN INSTITUTE, THE NCHRI SUPPORTS A NCHRI SUPPORTS A ROBUST PORTFOLIO OF CLINICAL RESEARCH STUDIES IN THE NEUROSCIENCES FOCUSED ON VARIOUS TYPES OF EPILEPSY, NEURO-ONCOLOGY AND OTHER NEUROLOGICAL CONDITIONS. MANY OF THESE TRIALS INVOLVE INCLUDE THE USE OF NOVEL INVESTIGATIONAL PRODUCTS AND DEVICES IN BOTH NEUROLOGY CLINICS AND NEUROSURGICAL SETTINGS. A PRIMARY FOCUS OF RESEARCH FOR BOTH THE NICKLAUS CHILDREN'S HOSPITAL HEART PROGRAM AND THE CENTER FOR SPINAL DISORDERS INCLUDES HEALTH OUTCOMES RESEARCH TO IMPROVE QUALITY OF CARE. ALSO, A FAIRLY NEW AND IMPORTANT DIVISION, THE PERSONALIZED MEDICINE INITIATIVE WAS KICKED OFF IN 2016 WITH A GENEROUS GIFT FROM THE SANFORD HEALTH GENOMICS CONSORTIUM WHICH HAS LED TO START-UP AND SUPPORT OF GENOMICS-BASED MEDICINE RESEARCH IN SEVERAL THERAPEUTIC AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President (former) | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,830,508 |
Government grants | $72,585 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,903,093 |
Total Program Service Revenue | $2,631,074 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,977 |
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 | $5,538,144 |
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 | $3,254,220 |
Pension plan accruals and contributions | $73,310 |
Other employee benefits | $488,272 |
Payroll taxes | $218,651 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,000 |
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 | $1,136,200 |
Advertising and promotion | $97,222 |
Office expenses | $124,855 |
Information technology | $12,960 |
Royalties | $0 |
Occupancy | $92,001 |
Travel | $44,473 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $84,781 |
Insurance | $29,910 |
All other expenses | $1,438 |
Total functional expenses | $6,528,527 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,589,169 |
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 | $313,414 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,902,583 |
Accounts payable and accrued expenses | $916,777 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $11,504,641 |
Total liabilities | $12,421,418 |
Net assets without donor restrictions | -$10,733,677 |
Net assets with donor restrictions | $214,842 |
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 | $1,902,583 |
Over the last fiscal year, we have identified 1 grants that Miami Children's Hospital Research Institute INC has recieved totaling $7,264.
Awarding Organization | Amount |
---|---|
Food For The Poor Inc Coconut Creek, FL PURPOSE: Charitable aid | $7,264 |
Organization Name | Assets | Revenue |
---|---|---|
Tanner Medical Center Alabama Inc Carrollton, GA | $31,437,988 | $12,456,019 |
Phoebe Worth Medical Center Inc Sylvester, GA | $18,817,624 | $19,090,060 |
Evans Memorial Hospital Inc Claxton, GA | $10,562,420 | $21,262,869 |
Regional Firstcare Inc Athens, GA | $5,793,232 | $17,787,266 |
Jasper Health Services Inc Monticello, GA | $12,062,395 | $19,352,667 |
Florida Hospital Assn Inc Tallahassee, FL | $12,839,585 | $9,010,211 |
West Alabama Mental Health Center Demopolis, AL | $7,167,828 | $7,147,738 |
Miami Children's Hospital Research Institute INC Miami, FL | $1,902,583 | $5,538,144 |
Father Purcell Memorial Exceptional Childerns Center Inc Montgomery, AL | $4,262,320 | $5,675,844 |
Good Samaritan Health & Wellness Center Inc Jasper, GA | $6,226,360 | $4,243,143 |
Cindy Haber Center Inc Robertsdale, AL | $5,108,880 | $3,793,875 |
Georgia Alliance Of Community Hospitals Inc Tifton, GA | $4,785,099 | $3,032,971 |