Institute For Advanced Clinical Trials For Children
- Assets
- $7.6m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 33
- Location
- Rockville, MD
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-2076517
Organization Overview
Institute For Advanced Clinical Trials For Children is located in Rockville, MD. The organization was established in 2016. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Institute For Advanced Clinical Trials For Children employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Advanced Clinical Trials For Children 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 Advanced Clinical Trials For Children generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year .
Since 2018, Institute For Advanced Clinical Trials For Children has awarded 63 individual grants totaling $1,137,448. 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THIS TIME PERIOD, THE ORGANIZATION MADE APPLICATIONS FOR CONTRIBUTIONS AND MEMBERSHIP FEES. ONE GRANT WAS RENEWED FOR YEAR 5 AND FUNDED IN SEPTEMBER 2021; ONE GRANT AS SUBRECIPIENT WAS FUNDED IN SEPTEMBER 2021; AND FOUR MEMBERSHIP FEES WERE RECEIVED IN 2021. THROUGHOUT 2021, CLINICAL PROGRAM GUIDANCE SERVICES WERE PERFORMED FOR FIVE MEMBERS. THERE WERE MINIMAL ADDITIONAL FINANCIAL CONTRIBUTIONS.THE ORGANIZATION PROVIDES EXPERT GUIDANCE AND INPUT ON PEDIATRIC CLINICAL DEVELOPMENT PLANS AND PEDIATRIC CLINICAL TRIALS WITH THE GOAL OF IMPROVING THE PROCESSES AND ACCELERATING THE DEVELOPMENT OF INNOVATIVE PRODUCTS FOR THE USE IN CHILDREN. ADDITIONALLY, THE ORGANIZATION ALSO CONNECTS QUALIFIED (CONTINUED ON SCHEDULE O)CLINICAL TRIAL SITES IN OUR PEDIATRIC CLINICAL TRIAL SITE NETWORK WITH CLINICAL TRIALS FOR A VARIETY OF BIOPHARMACEUTICAL COMPANIES.THE ORGANIZATION UTILIZES ITS NETWORK OF EXPERTS TO CONVENE WORKING GROUPS TO TACKLE PROBLEMS IN PEDIATRIC CLINICAL DEVELOPMENT COMMON ACROSS A VARIETY OF STAKEHOLDERS, THAT OTHERWISE WOULD NOT BE ADDRESSED IN A PRECOMPETITIVE MANNER. IN 2021, THE ORGANIZATION DEVELOPED, ORGANIZED AND IMPLEMENTED A SERIES OF MEETINGS CULMINATING IN A 4WEBINAR SERIES FOCUSED ON ISSUES SURROUNDING DRUG DEVELOPMENT AND APPROVAL IN PEDIATRIC INFLAMMATORY BOWEL DISEASE (CROHNS DISEASE AND ULCERATIVE COLITIS). PUBLICATIONS SURROUNDING THE FINDINGS AND RECOMMENDATIONS ARE BEING PREPARED AND WILL BE AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Noel MD Chief Medical Officer | Officer | 40 | $389,946 |
Collin Hovinga Svp, Clinical And Scientific Dev. | Officer | 40 | $264,958 |
Alexandre Lebeaut MD CEO (from 5/4/2021) | Officer | 40 | $264,575 |
Cynthia Jackson Diliberti MD COO (from 4/16/2021) | Officer | 40 | $235,400 |
David Mc Neeley MD Svp, Clinical Dev. Pediatrics | Officer | 40 | $203,520 |
Amy Lynch Vp, Legal Counsel | 40 | $179,460 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kerry West Consulting Llc Hr, Recruiting & Consulting Services | 12/30/21 | $148,099 |
Scorr Marketing Website & Marketing Services | 12/30/21 | $127,573 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,600,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,171,362 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,482 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,045,844 |
| Total Program Service Revenue | $1,221,523 |
| Investment income | $13,051 |
| 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 | $5,280,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $288,369 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,610,543 |
| Compensation of current officers, directors, key employees. | $1,401,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,223,526 |
| Pension plan accruals and contributions | $70,776 |
| Other employee benefits | $150,977 |
| Payroll taxes | $241,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,928 |
| Fees for services: Accounting | $15,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,052,786 |
| Advertising and promotion | $1,867 |
| Office expenses | $51,778 |
| Information technology | $255,524 |
| Royalties | $0 |
| Occupancy | $149,650 |
| Travel | $29,022 |
| 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 | $6,486 |
| Insurance | $23,354 |
| All other expenses | $2,179 |
| Total functional expenses | $6,202,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,699,048 |
| Savings and temporary cash investments | $2,446,162 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,016,149 |
| 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 | $112,113 |
| Net Land, buildings, and equipment | $45,102 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $315,048 |
| Total assets | $7,633,622 |
| Accounts payable and accrued expenses | $188,263 |
| 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 | $352,002 |
| Total liabilities | $540,265 |
| Net assets without donor restrictions | $4,493,357 |
| Net assets with donor restrictions | $2,600,000 |
| 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 | $7,633,622 |
Grants Awarded
Over the last fiscal year, Institute For Advanced Clinical Trials For Children has awarded $281,021 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: RESEARCH | $41,445 |
Washington, DC PURPOSE: RESEARCH | $33,735 |
Tucson, AZ PURPOSE: RESEARCH | $33,341 |
Boise, ID PURPOSE: ADMINISTRATIVE STARTUP FEE | $7,500 |
Davis, CA PURPOSE: ADMINISTRATIVE STARTUP FEE | $7,500 |
Southfield, MI PURPOSE: ADMINISTRATIVE STARTUP FEE | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Institute For Advanced Clinical Trials For Children has recieved totaling $180,938.
| Awarding Organization | Amount |
|---|---|
Critical Path Institute Tucson, AZ PURPOSE: SUBAWARD | $137,738 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $25,000 |
The Parent Project For Muscular Dystrophy Research Inc Washington, DC PURPOSE: RESEARCH- MASTER PROTOCOL FOR DMD | $18,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Advanced Clinical Trials For Children Rockville, MD | $7,633,622 | $5,280,418 |
Childrens Hospital Neonatal Consortium Inc Dover, DE | $2,156,558 | $1,671,030 |
The Center For Promotion Of Child Dvlpmt Through Primary Care Inc Baltimore, MD | $273,011 | $420,005 |
Mary Claire Foundation Ingomar, PA | $42,209 | $12,360 |
Ryan Scott Kappes Foundation Wilmington, DE | $79,580 | $0 |
Pediatric Cardiac Intensive Care Foundation Richmond, VA | $1,816 | $0 |