Civic Intelligence

Wcg Foundation Inc

EIN 46-5278694 • 501(c)3 • Atlanta, GA

Profile

The wcg foundation works to enhance protection for research participants and improve health and well-being for all.

245 N Highland Ave Suite 230Atlanta, GA 30307

www.wcgfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-59832%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$1

Down $525,227 (-100%) from 2019

Liabilities

Down

$0

Down $163,244 (-100%) from 2019

Net Assets

Down

$0

Down $361,984 (-100%) from 2019

Revenue

Down

$605

Down $653,800 (-100%) from 2019

Expenses

Down

$362,589

Down $262,065 (-42%) from 2019

Net Income

Down

-$361,984

Down $391,735 (-1317%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2015: $24,280Liabilities 2015: $1,067Net Assets 2015: $23,2132015Assets 2016: $253,772Liabilities 2016: $5,496Net Assets 2016: $248,2762016Assets 2017: $337,070Liabilities 2017: $2,027Net Assets 2017: $335,0432017Assets 2018: $432,233Liabilities 2018: $100,000Net Assets 2018: $332,2332018Assets 2019: $525,228Liabilities 2019: $163,244Net Assets 2019: $361,9842019Assets 2020: $1Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$1
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $396,609Expenses 2015: $373,396Net Income 2015: $23,2132015Revenue 2016: $717,090Expenses 2016: $492,027Net Income 2016: $225,0632016Revenue 2017: $582,344Expenses 2017: $495,577Net Income 2017: $86,7672017Revenue 2018: $660,399Expenses 2018: $663,209Net Income 2018: -$2,8102018Revenue 2019: $654,405Expenses 2019: $624,654Net Income 2019: $29,7512019Revenue 2020: $605Expenses 2020: $362,589Net Income 2020: -$361,9842020

Highlighted filing

2020

Revenue$605
Expenses$362,589
Net Income-$361,984

Filings

Latest Detailed Filing

The latest 2020 filing currently has summary financial data only. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 15, 2020
Return Version
2019v5.0
Gross Receipts
$654,405
Mission and Program Overview

Mission

The wcg foundation works to enhance protection for research participants and improve health and well-being for all.

Clinical research pathways works to improve health and well-being for all by creating pathways to new medicines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$411,983$445,008▲ $33,025
Pledges and Grants Receivable$15,700$75,125▲ $59,425
Prepaid Expenses and Deferred Charges$4,550$5,095▲ $545
Total Assets$432,233$525,228▲ $92,995
Liabilities
Grants Payable$100,000$150,000▲ $50,000
Accounts Payable and Accrued Expenses-$13,244-
Total Liabilities$100,000$163,244▲ $63,244
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$332,233$361,984▲ $29,751
Total Net Assets Fund Balance$332,233$361,984▲ $29,751
Total Liabilities and Net Assets / Fund Balance$432,233$525,228▲ $92,995
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marjorie a SpeersExecutive DiFT$250,000$250,000
Marjorie a SpeersExecutive Director-$250,000$250,000
Sandra JacksonCFO-$44,000$44,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$652,173
Program Service Revenue
$0
Investment Income
$2,232
Other Revenue
$0
All Other Contributions
$652,173
Change in Net Assets
$29,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$654,405
Total Revenue per Audited Statements
$654,405
Total Revenue per Form 990
$654,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$310,181
Grants and Similar Amounts Paid$210,000
Other Expenses$104,473
Total Fundraising Expense$55,100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$241,015$52,985-$294,000
Grants to Domestic Orgs$210,000--$210,000
Fees for Services Other$22,980-$55,100$78,080
Payroll Taxes$12,776$2,804-$15,580
Fees for Services Accounting-$8,700-$8,700
Insurance-$2,974-$2,974
Advertising$1,910$707-$2,617
Office Expenses$1,400$200-$1,600
Travel$858$229-$1,087
Conferences and Meetings-$722-$722
Other Salaries and Wages$601--$601
Other Expenses$3,749$227-$227
Total Functional Expenses$495,289$74,265$55,100$624,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$624,654
Total Expenses per Audited Statements$624,654
Total Expenses per Form 990$624,654
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morehouse School of Medicine IncAtlanta, GA-Clinical Research$200,000
Wellstar Research InstituteMarietta, GA-Clinical Research$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The process to review form 990 is as follows: 1. Staff reviews form 990. 2. Audit committee reviews form 990 and recommends approval to board of directors. 3. Board of directors approves form 990. 4. Final version of form 990 is distributed to the board of directors.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest must be disclosed and managed where otherwise not prohibited.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors serves as the executive evaluation and compensation committee (evcc) that annually evaluates the executive director. The evcc sets goals for the executive director that are approved by the board of director. The executive director is evaluated against those goals. Compensation is adjusted based on the evaluation conducted by the evcc and with board input. A salary comparison analysis is conducted annually.

Form 990, Page 6, Part VI, Line 15B

The executive director prepares a budget, including salaries for key and other staff, that is approved by the board of directors. Salaries are based on comparable salaries according to those reported in the asae survey. All staff are evaluated annually according to workplans; compensation is adjusted based on the evaluation and in line with salary increased proposed in the approved budget.

Form 990, Page 6, Part VI, Line 19

The executive director will provide such information upon request.

Filing and Contact Details

Filer

Filer Name
Clinical Research Pathways Inc
EIN
46-5278694
Phone
4043868982
Address
245 N HIGHLAND AVE SUITE 230, ATLANTA, GA 30307

Signing Officer

Name
Marjorie a Speers
Title
Executive Director
Phone
4043868982
Signed
2020-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marjorie a Speers
Formed
2014
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Jbs & Co LLC
Address
101 LOG CANOE CIR STE I, STEVENSVILLE, MD 21666-2106
Preparer
J Brian Stitcher CPA
Phone
4109566902
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

1099s issued to three individuals to compensate for time

Form 990, Page 2, Part III, Line 4A

Clinical research pathways has introduced an innovative program, training minority clinical teams: getting new quality medicine to all americans, to encourage minorities to participate in appropriate clinical trials. Enrollment is handled at the point of care by healthcare providers who have earned patients' trust and have received training and mentoring as clinical investigators. Clinical research pathways launched the program by awarding a three-year grant to morehouse school of medicine in georgia, where 31.7% of the population is african american and 9.4% is latino. For the first year, the program will concentrate on cardiovascular disease. The leading cause of death worldwide, cardiovascular disease presents even higher risk for african americans and latinos. Therefore, the initial recruitment, training, and mentoring efforts will target primary care physicians and cardiologists. In subsequent years, the project will be expanded to include other significant treatment areas, such as cancer, arthritis, and neurobiology.

Form 990, Page 2, Part III, Line 4B

Clinical research pathways helps physicians and desperately ill patients with the approval process for experimental medicines under fda's expanded access program. We help simplify the approval process for desperately-ill patients by providing educational materials and training to physicians and institutional review boards (irbs). We provide webinars and original step-by-step guides provide easy-to-understand information on expanded access topics, including: 1) for patients - points to consider about clinical trials and expanded access 2) for anyone interested in expanded access - making sense of the new right-to-try law 3) for physicians - how to apply for expanded access for individual patients and groups of patients 4) for irbs - how to streamline the approval process

Form 990, Part IX, Line 11G

Consulting fees 22,980 0 55,100

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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WELLSTAR RESEARCH INSTITUTE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES APPLICANTS TO PROVIDE A DETAILED BUDGET AS PART OF THE GRANT APPLICATION. IF APPROVED, GRANTEE'S MUST SIGN A FUNDING AGREEMENT TO INSURE THAT FUNDS ARE USED FOR THE SOLE PURPOSE OF THE GRANT AND NOT FOR DISALLOWED ACTIVITIES SUCH AS LOBBYING. GRANTEES MUST PROVIDE QUARTERLY REPORTS OF PROGRESS AND ANY MAJOR PROBLEMS ON A QUARTERLY BASIS IF THE GRANT PERIOD IS LONGER THAN 90 DAYS. AT THE END OF EACH FUNDING YEAR AND AT THE END OF THE PROJECT, THE ORGANIZATION MUST PROVIDE A FINANCIAL REPORT AS WELL AS A NARRATIVE ABOUT THE PROGRESS OF THE GRANT ACTIVITIES. GRANTEES MUST RETURN UNUSED FUNDS AND ALSO AGREE TO AN INDEPENDENT AUDIT OF GRANT-RELATED EXPENSES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01099S ISSUED TO THREE INDIVIDUALS TO COMPENSATE FOR TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLINICAL RESEARCH PATHWAYS HAS INTRODUCED AN INNOVATIVE PROGRAM, TRAINING MINORITY CLINICAL TEAMS: GETTING NEW QUALITY MEDICINE TO ALL AMERICANS, TO ENCOURAGE MINORITIES TO PARTICIPATE IN APPROPRIATE CLINICAL TRIALS. ENROLLMENT IS HANDLED AT THE POINT OF CARE BY HEALTHCARE PROVIDERS WHO HAVE EARNED PATIENTS' TRUST AND HAVE RECEIVED TRAINING AND MENTORING AS CLINICAL INVESTIGATORS. CLINICAL RESEARCH PATHWAYS LAUNCHED THE PROGRAM BY AWARDING A THREE-YEAR GRANT TO MOREHOUSE SCHOOL OF MEDICINE IN GEORGIA, WHERE 31.7% OF THE POPULATION IS AFRICAN AMERICAN AND 9.4% IS LATINO. FOR THE FIRST YEAR, THE PROGRAM WILL CONCENTRATE ON CARDIOVASCULAR DISEASE. THE LEADING CAUSE OF DEATH WORLDWIDE, CARDIOVASCULAR DISEASE PRESENTS EVEN HIGHER RISK FOR AFRICAN AMERICANS AND LATINOS. THEREFORE, THE INITIAL RECRUITMENT, TRAINING, AND MENTORING EFFORTS WILL TARGET PRIMARY CARE PHYSICIANS AND CARDIOLOGISTS. IN SUBSEQUENT YEARS, THE PROJECT WILL BE EXPANDED TO INCLUDE OTHER SIGNIFICANT TREATMENT AREAS, SUCH AS CANCER, ARTHRITIS, AND NEUROBIOLOGY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CLINICAL RESEARCH PATHWAYS HELPS PHYSICIANS AND DESPERATELY ILL PATIENTS WITH THE APPROVAL PROCESS FOR EXPERIMENTAL MEDICINES UNDER FDA'S EXPANDED ACCESS PROGRAM. WE HELP SIMPLIFY THE APPROVAL PROCESS FOR DESPERATELY-ILL PATIENTS BY PROVIDING EDUCATIONAL MATERIALS AND TRAINING TO PHYSICIANS AND INSTITUTIONAL REVIEW BOARDS (IRBS). WE PROVIDE WEBINARS AND ORIGINAL STEP-BY-STEP GUIDES PROVIDE EASY-TO-UNDERSTAND INFORMATION ON EXPANDED ACCESS TOPICS, INCLUDING: 1) FOR PATIENTS - POINTS TO CONSIDER ABOUT CLINICAL TRIALS AND EXPANDED ACCESS 2) FOR ANYONE INTERESTED IN EXPANDED ACCESS - MAKING SENSE OF THE NEW RIGHT-TO-TRY LAW 3) FOR PHYSICIANS - HOW TO APPLY FOR EXPANDED ACCESS FOR INDIVIDUAL PATIENTS AND GROUPS OF PATIENTS 4) FOR IRBS - HOW TO STREAMLINE THE APPROVAL PROCESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS TO REVIEW FORM 990 IS AS FOLLOWS: 1. STAFF REVIEWS FORM 990. 2. AUDIT COMMITTEE REVIEWS FORM 990 AND RECOMMENDS APPROVAL TO BOARD OF DIRECTORS. 3. BOARD OF DIRECTORS APPROVES FORM 990. 4. FINAL VERSION OF FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST MUST BE DISCLOSED AND MANAGED WHERE OTHERWISE NOT PROHIBITED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SERVES AS THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE (EVCC) THAT ANNUALLY EVALUATES THE EXECUTIVE DIRECTOR. THE EVCC SETS GOALS FOR THE EXECUTIVE DIRECTOR THAT ARE APPROVED BY THE BOARD OF DIRECTOR. THE EXECUTIVE DIRECTOR IS EVALUATED AGAINST THOSE GOALS. COMPENSATION IS ADJUSTED BASED ON THE EVALUATION CONDUCTED BY THE EVCC AND WITH BOARD INPUT. A SALARY COMPARISON ANALYSIS IS CONDUCTED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE DIRECTOR PREPARES A BUDGET, INCLUDING SALARIES FOR KEY AND OTHER STAFF, THAT IS APPROVED BY THE BOARD OF DIRECTORS. SALARIES ARE BASED ON COMPARABLE SALARIES ACCORDING TO THOSE REPORTED IN THE ASAE SURVEY. ALL STAFF ARE EVALUATED ANNUALLY ACCORDING TO WORKPLANS; COMPENSATION IS ADJUSTED BASED ON THE EVALUATION AND IN LINE WITH SALARY INCREASED PROPOSED IN THE APPROVED BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE EXECUTIVE DIRECTOR WILL PROVIDE SUCH INFORMATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONSULTING FEES 22,980 0 55,100
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