Center for Molecular Imaging & Therapy
Legal name: Cmit Louisiana Llc
Nonprofit profile at a glance
- EIN
- 871090202
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Shreveport, LA, USA
- Phone
- 318.716.4000
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $6,505,906
- Expenses
- $9,378,093
- Assets
- $20,945,923
- Liabilities
- $20,434,336
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Highest reported compensation
- STEPHEN LOKITZ (DIRECTOR OF IMAGING SCIENCES): $202,749 total reported compensation
- RACHID NAZIH (SITE MANAGER): $183,096 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Center for Molecular Imaging and Therapy is an independent research organization with the mission to advance and perform pre-clinical and clinical imaging research, and to manufacture and distribute radiopharmaceuticals.
What it reported doing in 2024
Cmit Louisiana, llc provides molecular imaging services, including to low-income individuals at low or no cost, and support ongoing clinical research in the area of molecular imaging. In doing so it will support the mission of its sole member, brf, llc, whose sole member is biomedical research foundation of northwest Louisiana (brfnl), an organization exempt under section 501(c)(3). The organization has obtained financing under the Louisiana state new markets tax program for the purchase of equipment. By doing so it will further support the mission of brf, llc and brfnl.
Operating model
- Revenue model
- Earned-program. 98% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 88
- Accountability: 95
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -44.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 50.9% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 50.9% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 7.9% per year; rating input score 100; 49th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
- Governance: 3 of 3 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $8.4M in reported program spending
- Leadership: top reported pay $203K · 5 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.1M reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 2/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Liabilities to assets ratio scored 6/100.