Institute For Clinical Research Inc
- Assets
- $13.3m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 36
- Location
- Washington, DC
- Founding
- 07/1984
- Data as of
- 12/2023
- EIN
- 52-1336656
Organization Overview
Institute For Clinical Research Inc is located in Washington, DC. The organization was established in 1984. As of 12/2023, Institute For Clinical Research Inc employed 36 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 12/2023, Institute For Clinical Research Inc generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Institute For Clinical Research Inc has awarded 338 individual grants totaling $18,509,139. 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
2023
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/ceo | Officer | 20 | $172,203 |
Michael J Vjecha Science Administrator | 40 | $172,857 | |
Adriana Sanchez Id Research Manager | 40 | $142,732 | |
Dr Gail Kerr MD Chairman | OfficerTrustee | 2 | $0 |
Dr Pamela Karasik MD Director | Trustee | 1 | $0 |
Dr Samir Patel MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $961,512 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,032,314 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,993,826 |
| Total Program Service Revenue | $2,431,640 |
| Investment income | $155,501 |
| 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 | $4,582,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,103,341 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $57,905 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,203 |
| Compensation of current officers, directors, key employees. | $38,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,589,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,503 |
| Payroll taxes | $145,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,837 |
| Fees for services: Accounting | $30,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,869 |
| Fees for services: Other | $553,902 |
| Advertising and promotion | $12,494 |
| Office expenses | $108,186 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $166,168 |
| 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 | $101,833 |
| Insurance | $8,261 |
| All other expenses | $0 |
| Total functional expenses | $4,389,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,014,704 |
| Savings and temporary cash investments | $7,702,755 |
| Pledges and grants receivable | $824,238 |
| Accounts receivable, net | $713,026 |
| 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 | $17,982 |
| Net Land, buildings, and equipment | $391,223 |
| Investments—publicly traded securities | $2,642,151 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,306,079 |
| Accounts payable and accrued expenses | $250,419 |
| Grants payable | $638,270 |
| Deferred revenue | $209,691 |
| 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 | $1,098,380 |
| Net assets without donor restrictions | $12,207,699 |
| 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 | $13,306,079 |
Grants Awarded
Over the last fiscal year, Institute For Clinical Research Inc has awarded $1,097,292 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
LUNQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL CENTER PURPOSE: CLINICAL RESEARCH AND STUDY. | $38,000 |
DENVER HEALTH AND HOSPITAL AUTHORITY PURPOSE: CLINICAL RESEARCH AND STUDY. | $64,115 |
HENRY FORD HEALTH SYSTEM PURPOSE: CLINICAL RESEARCH AND STUDY. | $60,338 |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: CLINICAL RESEARCH AND STUDY. | $71,810 |
MEDSTAR HEALTH RESEARCH INSTITUTE PURPOSE: CLINICAL RESEARCH AND STUDY. | $23,950 |
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: CLINICAL RESEARCH AND STUDY. | $430,150 |