Institute for Clinical Research Inc
Nonprofit profile at a glance
- EIN
- 521336656
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Washington, DC, USA
- Phone
- 2024626820
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,963,931
- Expenses
- $5,095,794
- Assets
- $13,085,363
- Liabilities
- $1,552,101
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- FELIX OLIVER (EXECUTIVE DIRECTOR/CEO)
Highest reported compensation
- PAMELA KARASIK MD (DIRECTOR): $395,723 total reported compensation
- SAMIR PATEL MD (DIRECTOR): $328,279 total reported compensation
- CHARLES FASELIS MD (DIRECTOR): $324,544 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support and perform medical and pharmacological research, related educational activities and other related endeavors.
What it reported doing in 2025
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.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 81% 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 73
- Accountability: 29
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.9%; rating input score 83
- Program expense ratio: 80.1%; rating input score 80
- Fundraising efficiency: $40.15 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Pass
- 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: 99.8%; rating input score 100; 47th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 9.1%; rating input score 9; 8th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.7%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 2.57; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 15.8%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -7.5% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -2.7% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 82.9% of revenue deployed · 80.1% of spending went to programs
- Governance: 1 of 11 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4.1M in reported program spending
- Leadership: top reported pay $396K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $155K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Related organizations: 9 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 — Accountability: Independent voting board scored 9/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.