The Translational Genomics Research Institute
Nonprofit profile at a glance
- EIN
- 753065445
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6023438400
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Medical Disciplines Research
Reported finances
- Revenue
- $75,913,310
- Expenses
- $86,279,860
- Assets
- $136,062,120
- Liabilities
- $50,077,391
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- ROBERT W STONE (BD & VICE CHRM/COH CEO & PRES.)
- DANIEL VON HOFF (TGEN DISTINGUISHED PROFESSOR AND EXECUTIVE VICE PRESIDENT, MOLECULAR MEDICINE DIVISION)
- ROBERT KENNEDY (VICE PRESIDENT, FINANCE)
- STEPHANIE POND (VICE PRESIDENT, EMERGING OPPORTUNITIES)
Highest reported compensation
- ROBERT W STONE (BD & VICE CHRM/COH CEO & PRES.): $7,115,857 total reported compensation
- JEFFREY M TRENT PHD (BOARD MEMBER/PRES/SCIENCE DIR.): $2,031,265 total reported compensation
- CRISTIN O'CALLAHAN (SECRETARY/COH GENERAL COUNSEL): $1,606,017 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Please see schedule o
What it reported doing in 2024
Please see schedule o.
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 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 51
- Accountability: 90
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.3%; rating input score 82
- Program expense ratio: 70.6%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 83.3%; rating input score 83; 31st 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: -13.7%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 82.3% of revenue deployed · 70.6% of spending went to programs
- Governance: 10 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $60.9M in reported program spending
- Leadership: top reported pay $7.1M · 29 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.1M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 20 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Operating margin scored 6/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.