Christiana Care Gene Editing Institute

Nonprofit profile at a glance

EIN
883110655
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Wilmington, DE, USA
Phone
3024282700
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Support Services
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,063,482
Expenses
$2,551,845
Assets
$3,893,575
Liabilities
$10,516,431

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ERIC KMIEC (EXECUTIVE DIRECTOR, CHAIR)

Highest reported compensation

  • ROBERT MCMURRAY (TREASURER (EX-OFFICIO)): $1,282,277 total reported compensation
  • JENNIFER L SCHWARTZ ESQ (CORP. SECRETARY (EX-OFFICIO)): $1,193,132 total reported compensation
  • OMAR KHAN MD (DIRECTOR): $511,954 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Christiana care gene editing institute advances the power of crispr gene editing technology to improve human life through groundbreaking research and development and by inspiring and helping to prepare the next generation of scientists.

What it reported doing in 2024

Christiana care gene editing institute received funds to further its mission to advance gene editing technology to improve human life through research and development as part of a sponsored research program. Major achievements to date include: - developing what will be the first ever lung cancer patient trial using crispr gene editing in a solid tumor. - developed the exact pathway of single-stranded dna repair, which increased the on-target efficacy of crispr and paved the way for new crispr breakthroughs in precise dna edits. - created the first crispr gene editing tool to allow dna repairs outside the human cell - on a chip - which will rapidly speed therapies to patients. - introduced gene editing 360, a suite of highly flexible educational tools designed to train high school and college students in the fundamentals of crispr gene editing technology. - created crispr in a box, the teaching toolkit component of gene editing 360 that provides students with a unique, hands-on learning experience in crispr gene editing. - developed decodrt, a powerful software tool that provides a convenient and user-friendly method to quantify the edits present in crispr-edited sanger sequencing data.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 60
  • Accountability: 71
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -140%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.53; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 2.7; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 20.4% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.6M in reported program spending
  • Leadership: top reported pay $1.3M · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 23 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.