Albert Einstein College of Medicine

What it reported doing in 2024

Medical education: albert einstein college of medicine is the university hospital for montefiore health serving the 3.1 million people living in the New York city region and the hudson valley. The college is a premier, research-intensive medical school dedicated to leading biomedical investigation and the development of ethical and compassionate physicians and scientists. In 1955, einstein was founded as the only medical institution upon which albert einstein bestowed the honor of his name. Our name sake, albert einstein, desired that a medical school bearing his name "welcome students of all races and creeds since the inception, the college has been committed to enrolling students who are racially, ethnically and socio-economically diverse. Since then, our alumni have ranked among the nation's foremost clinicians, biomedical scientists and medical educators. Einstein strengthened its ability to thrive as a premier academic institution in 2015 by aligning with montefiore medicine via a joint collaboration agreement. Building upon their decades-old partnership, einstein and montefiore are furthering the shared core missions of research excellence, outstanding medical education and improved human health. The college m.d. Program prepares tomorrow's physicians to excel in both the science and the art of medicine by combining the pursuit of scientific excellence with compassionate and humanistic care and the social mission to improve the human health through engagement in our local, national and global communities. The open and supportive community at einstein allows for innovation and for pushing the boundaries of what is known and what is practiced. We educate our students to be catalysts for social change. Among its pioneering educational initiatives, einstein was one of the first major medical schools to integrate bedside experience with learning, bringing first-year students into contact with patients and linking classroom study to case experience. Einstein also led the way in developing bioethics as an accepted academic discipline in medical school curricula, and was the first private medical school in New York city to establish an academic department of family medicine and was the first to create a residency program in internal medicine with an emphasis on women's health. Einstein runs one of the largest residency and fellowship training programs in the medical profession through montefiore medical center and a network of affiliates that includes hospitals and medical centers in metropolitan New York. Each year, for the last decade, well over 95 percent of our students have matched to residencies, with more than a third of students going into the primary-care specialties of internal medicine, pediatrics and family medicine. Our graduates also enter research programs focusing on a broad range of subjects, from traditional disease-oriented investigations in cancer, diabetes and infectious diseases to public health and global medicine. The ph.d. Program trains promising and passionate students to become the next generation of leading scientists. The collaborative culture at einstein is at the heart of the program. Prospective students apply directly to the ph.d. Program rather than to a specific department, allowing them to explore many areas of research before choosing from among more than 200 laboratories in which to conduct their thesis work. Our interdisciplinary graduate curriculum is known for its high level of personalized mentoring and remarkable student achievement. Einstein's extraordinary graduate experience produces independent biomedical scientists capable of carrying out significant scientific work to improve the health and well-being of humankind. Our ph.d. Program has more than 1,500 graduates employed in a wide range of scientific careers, both in academic and in nonacademic settings worldwide. The medical scientist training program (mstp) (resulting in both m.d. And ph.d. Degrees) trains a diverse group of ou

Financial Efficiency

• Mission deployment rate: 39.1%; rating input score 39
• Program expense ratio: 93%; rating input score 93
• Fundraising efficiency: $187.18 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 93.8%; rating input score 94; 44th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 60.5%; rating input score 97; 97th percentile among comparable filings
• Total-asset coverage ratio: 3.41; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.23; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 1.3%; rating input score 68; 68th percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 32.2% per year; rating input score 100; 97th percentile among comparable filings
• Asset growth: 20.2% per year; rating input score 100; 93rd percentile among comparable filings