Trudeau Institute Inc
Nonprofit profile at a glance
- EIN
- 141401413
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Saranac Lake, NY, USA
- Phone
- 5188913080
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Medical Disciplines Research
Reported finances
- Revenue
- $8,214,270
- Expenses
- $10,300,898
- Assets
- $19,650,414
- Liabilities
- $900,404
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- WILLIAM REILEY (PRESIDENT AND DIRECTOR)
Highest reported compensation
- WILLIAM REILEY (PRESIDENT AND DIRECTOR): $220,400 total reported compensation
- ALEX MAUE (BUSINESS DEVELOPMENT/ COO): $169,169 total reported compensation
- SHELTON BRADRICK (PRINCIPAL INVESTIGATOR): $159,392 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To safeguard human health and combat 21st century global health crises, from drug-resistant tb to emerging viruses and pandemics, by empowering specialized r & d pursuits in regional and global translational science partnerships.
What it reported doing in 2024
Trudeau institute is a world-renowned leader in the effort to treating human diseases. Our expertise and enthusiasm for modeling infection, immunity, vaccination, inflammation, and sepsis have led to many pioneering discoveries. Mouse models currently studied at the institute include influenza, parainfluenza, influenza-associated bacterial pneumonia, bacterial sepsis, pneumonic plague, tuberculosis, toxoplasmosis, zika, chronic herpesvirus infection and covid-19 (sars cov-2). Trudeau institute continued its research in the areas of immunology and infectious disease, supported by grants from the national institute of health, New York state, department of defense and through subcontracts with various universities and foundations. The trudeau research staff published eleven (5) articles in nine (5) leading scientific journals.
Operating model
- Revenue model
- Earned-program. 82% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 32
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88%; rating input score 88
- Fundraising efficiency: $4.08 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: -25.4%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 10.5%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -5.7% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.1M in reported program spending
- Leadership: top reported pay $220K · 22 people listed · 4 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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 — Financial Efficiency: Fundraising efficiency scored 13/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 28/100.