Mission
The Institute for Advanced Clinical Trials for Children (IACT4C) is a 501(c)3 non-profit organization established to drive innovation to improve and expedite pediatric drug development. The organization's work focuses on providing children with medical conditions a better chance at a high quality of life through the development of safe and effective new drugs, addressing the long-standing pediatric gap in drug approvals.
Basic Information
Tax-Exempt
Founded in
2016
EIN
81-2076517
Total Assets
$5.456 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
About The 9 to 5 Project
A bold initiative to significantly reduce the time it takes to develop drugs for pediatric patients.
Impact Stories
Heartfelt stories highlighting the urgency and impact of pediatric drug development.
Mentorship Program
A program designed to enhance competency in pediatric research through mentorship.
Impact Stats
4 years
Projected Reduction in Development Time
The 9 to 5 Project
Initiative aimed at reducing the pediatric drug development timeline from an average of 9 years to 5 years.
Our Programs
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
61
40
/100
Program Expense Ratio
62.42%
6
/20
Program Revenue Growth
-23.44%
2
/20
Leverage Ratio
0.04736
20
/20
Working Capital Ratio
1.018
10
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 2.354M | 71.90% |
| Program Services | 935.1K | 28.56% |
| Investment Income | 19.94K | 0.61% |
| Sales of Non-Inventory Assets | -35.07K | -1.07% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 3.274M | 100.00% |
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