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The Foundation For Embryonic Competence Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463032063 ✦ Basking ridge, NJ ✦ Designated as a 501(c)(3)

Overview

What is The Foundation For Embryonic Competence Inc?

The Foundation for Embryonic Competence Inc., established in 2013, is a New Jersey-based nonprofit organization located at 140 Allen Road, Basking Ridge. Their mission revolves around advancing knowledge and improving outcomes in embryonic research, diagnosis, and education. The foundation accomplishes this through various activities, such as providing enhanced embryonic diagnostic testing services, sponsoring research into new diagnostics and technologies, and offering continuing medical education and graduate fellowship education related to their mission. Their primary goal is to improve the likelihood of having a baby unaffected by genetic conditions for individuals with a known genetic condition, as well as supporting research and educational initiatives to advance the field of embryonic competence globally. The organization, with a workforce of 26 individuals, strives to provide a clear pathway to improved clinical outcomes and reduced complications for In Vitro Fertilization (IVF) patients.


Official website here: www.feclabs.org

Is The Foundation For Embryonic Competence Inc legitimate?

The Foundation For Embryonic Competence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Embryonic Competence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,306,769

For more financial information, click here


Official website here: www.feclabs.org

What is the mission statement of The Foundation For Embryonic Competence Inc?

The Foundation for Embryonic Competence Inc, originally known as The Foundation for the Assessment and Enhancement of Embryonic Competence Inc, is an organization dedicated to advancing knowledge and improving outcomes in embryonic research, diagnosis, and education. They achieve this mission through various activities, including providing broad access to single gene disorder diagnostics for individuals with a known genetic condition. This allows them to evaluate their embryos, potentially increasing the likelihood of having a baby unaffected by the genetic condition. In addition, the foundation sponsors research that advances the field of embryonic competence, aiming to provide a clear pathway to improved clinical outcomes and reduced complications for IVF patients. They also support continuing medical education, graduate-level educational initiatives, and other educational activities to enhance our understanding and application of embryonic diagnostics worldwide.


Official website here: www.feclabs.org

Who is the CEO of The Foundation For Embryonic Competence Inc?

Chaim G Jalas is the Bioinformatics of The Foundation For Embryonic Competence Inc.


Official website here: www.feclabs.org

What is the revenue of The Foundation For Embryonic Competence Inc?

The Foundation For Embryonic Competence Inc's revenue in 2022 was $7,260,831.


Official website here: www.feclabs.org

Who are the executives of The Foundation For Embryonic Competence Inc and what are their salaries?

The average compensation at The Foundation For Embryonic Competence Inc during 2022 was $50,260. There are 26 employees at The Foundation For Embryonic Competence Inc.

Here are 6 key members and their salaries:

    Chaim Jalas (President & Coo) [Trustee/Director]
  • Compensation: $540,909
  • Related: $0
  • Other: $0

    • Yiping Zhan (Bioinformatics) [Trustee/Director]
  • Compensation: $372,651
  • Related: $0
  • Other: $0

    • Xin Tao (Research) [Trustee/Director]
  • Compensation: $355,146
  • Related: $0
  • Other: $0

    • David Sharpell (Contorller) [Trustee/Director]
  • Compensation: $350,538
  • Related: $0
  • Other: $0

    • William Chow (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lyn Jacobson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.feclabs.org

    Where can I find the form 990 for The Foundation For Embryonic Competence Inc?

    The The Foundation For Embryonic Competence Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.feclabs.org

    Learn more at the official website: www.feclabs.org

    Mission Statement of The Foundation For Embryonic Competence Inc

    The Foundation for Embryonic Competence Inc, originally known as The Foundation for the Assessment and Enhancement of Embryonic Competence Inc, is a non-profit organization with a mission to advance knowledge and enhance outcomes in embryonic research, diagnosis, and education. This mission is carried out through various activities, primarily focused on providing broad access to single gene disorder diagnostics. The goal is to enable individuals with a known genetic condition to evaluate their embryos, improving their likelihood of having a baby unaffected by the genetic disorder.

    In addition to this, The Foundation for Embryonic Competence Inc sponsors research that advances the field of embryonic competence, aiming to provide a clear pathway to improved clinical outcomes and reduced complications for In Vitro Fertilization (IVF) patients. The organization also supports continuing medical education (CME), graduate-level educational initiatives, and other educational activities to advance our understanding and the application of embryonic diagnostics worldwide. By doing so, The Foundation for Embryonic Competence Inc contributes to the betterment of embryonic research and diagnosis, ultimately improving the chances of successful and healthy pregnancies for individuals with genetic conditions.

    Impact

    This information is meant to be a general summary of The Foundation For Embryonic Competence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Foundation For Embryonic Competence Inc is dedicated to advancing knowledge and enhancing outcomes in embryonic research, diagnosis, and education. Their impact can be seen through the enhanced embryo diagnostic testing services they provide, along with sponsoring and issuing grants for research into new diagnostics and technologies. Additionally, they offer continuing medical education and graduate fellowship education related to their mission, ultimately contributing to the advancement of the field of embryonic competence. Through their work, they support broader access to single gene disorder diagnostics, sponsor research that improves clinical outcomes for IVF patients, and promote educational initiatives to enhance our understanding and application of embryonic diagnostics worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,469,797
  • Program Service Revenue: $2,893,746
  • Gross Receipts: $8,342,079

    • Assets and Liabilities:
  • Total Assets: $16,430,730
  • Total Liabilities: $365,526
  • Net Assets: $16,065,204
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMBRYO DIAG TESTING

    Revenue

    $2,893,746

    Organization Details

    Founding Year

    2013

    Principal Officer

    Chaim G Jalas

    Main Address

    140 ALLEN ROAD, BASKING RIDGE, NJ, 07920

    NTEE Category

    Code: H20 - Medical research

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