Civic Intelligence

Clinical Trials Network Of

EIN 82-3632649 • 501(c)3 • Memphis, TN

Profile

Ctn2's mission is to advance research for the university of tennessee by aggregating and supporting research conducted by ut faculty investigators across the state of tennessee. As a site management organization, ctn2 provides clinical trial related services to sponsors in search of access to multiple sites, and clinical trial related services to sites within the ctn2 network such as enterprise data warehousing, clinical trial budgeting and contracting, institutional review board facilitation, site management, site quality assurance, and sponsor relationship management.

910 Madison Ave Ste 608Memphis, TN 38163

www.ctn2.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-6.7%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$144,992

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $448,219 (-100%) from 2023

Liabilities

Down

$0

Down $254,521 (-100%) from 2023

Net Assets

Down

$0

Down $193,698 (-100%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin26th percentile

Revenue

Up

$2,880,259

Up $391,320 (+16%) from 2023

Expenses

Up

$3,073,957

Up $475,545 (+18%) from 2023

Net Income

Down

-$193,698

Down $84,225 (-77%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$800K$600K$400K$200K$0Assets 2018: $171,926Liabilities 2018: $51,899Net Assets 2018: $120,0272018Assets 2019: $404,142Liabilities 2019: $47,091Net Assets 2019: $357,0512019Assets 2020: $543,690Liabilities 2020: $120,338Net Assets 2020: $423,3522020Assets 2021: $511,866Liabilities 2021: $261,199Net Assets 2021: $250,6672021Assets 2022: $721,235Liabilities 2022: $418,064Net Assets 2022: $303,1712022Assets 2023: $448,219Liabilities 2023: $254,521Net Assets 2023: $193,6982023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $250,000Expenses 2018: $129,973Net Income 2018: $120,0272018Revenue 2019: $1,010,615Expenses 2019: $773,591Net Income 2019: $237,0242019Revenue 2020: $1,179,617Expenses 2020: $1,113,316Net Income 2020: $66,3012020Revenue 2021: $1,387,113Expenses 2021: $1,559,798Net Income 2021: -$172,6852021Revenue 2022: $2,639,263Expenses 2022: $2,586,759Net Income 2022: $52,5042022Revenue 2023: $2,488,939Expenses 2023: $2,598,412Net Income 2023: -$109,4732023Revenue 2024: $2,880,259Expenses 2024: $3,073,957Net Income 2024: -$193,6982024

Highlighted filing

2024

Revenue$2,880,259
Expenses$3,073,957
Net Income-$193,698
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$2,880,259
Expenses
$3,073,957
Net income
-$193,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.88$3.07$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.25$0.19$2.49$2.60$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.72$0.42$0.30$2.64$2.59$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.51$0.26$0.25$1.39$1.56$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.12$0.42$1.18$1.11$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.05$0.36$1.01$0.77$0.24
2018Summary only. Only limited summary data is available for this year.$0.17$0.05$0.12$0.25$0.13$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 28, 2025
Return Version
2023v6.0
Gross Receipts
$2,880,259
Mission and Program Overview

Mission

Ctn2's mission is to advance research for the university of tennessee by aggregating and supporting research conducted by ut faculty investigators across the state of tennessee. As a site management organization, ctn2 provides clinical trial related services to sponsors in search of access to multiple sites, and clinical trial related services to sites within the ctn2 network such as enterprise data warehousing, clinical trial budgeting and contracting, institutional review board facilitation, site management, site quality assurance, and sponsor relationship management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$291,744--
Cash and Non-Interest-Bearing Accounts$140,218--
Prepaid Expenses and Deferred Charges$16,257--
Total Assets$448,219$0▼ $448,219
Liabilities
Accounts Payable and Accrued Expenses$254,521--
Total Liabilities$254,521$0▼ $254,521
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$193,698--
Total Net Assets Fund Balance$193,698$0▼ $193,698
Total Liabilities and Net Assets / Fund Balance$448,219$0▼ $448,219
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra DoddSite LiaisonFT$125,308$19,684$144,992
Phil CestaroExecutive DiFT$121,794-$121,794

Board Members and Trustees

NameTitle
Dr Samuel Dagogo-jackPresident
Brian EvansBoard Member
Clarence WatridgeBoard Member
Dr Anil ShankerBoard Member
Dr Brad CanadaBoard Member
Dr Frank McgrewBoard Member
Dr Geoffrey SmallwoodBoard Member
Dr Giuseppe PizzornoBoard Member
Dr James BeatyBoard Member
Dr Mahalaxmi KrishnamurthyBoard Member
Dr Martin CroceBoard Member
Dr Peter BuckleyBoard Member
Dr Sue TheusBoard Member
Dr Todd PonzioBoard Member
Eric SchnappBoard Member
Jonathan MoormanBoard Member
Kim MasonBoard Member
Wesley ByerlyBoard Member
Wiliam MasonGeneral Coun

Highest Paid Contractors

ContractorServicesLocationCompensation
Saint Thomas HealthSite Payments4220 HARDING PIKE, Nashville, TN 37205$1,361,997
Erlanger Health ChattanoogaSite Payments975 E 3RD ST, Chattanooga, TN 37403$522,164
Erlanger Health SystemSite Payments975 E 3RD ST, Chattanooga, TN 37403$207,953
West Clinic PCSite Payments7945 WOLF RIVER BLVD, Germantown, TN 38138$168,212
Regional One HealthSite Payments877 JEFFERSON AVE, Memphis, TN 38103$117,984
Revenue and Support

Revenue Composition

Contributions and Grants
$356,658
Program Service Revenue
$2,523,601
Investment Income
$0
Other Revenue
$0
All Other Contributions
$356,658
Change in Net Assets
$-193,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,686,536
Salaries, Compensation, and Employee Benefits$387,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,811--$189,811
Current Officers, Directors, Trustees, and Key Employees$121,794--$121,794
Fees for Services Legal$62,578--$62,578
Fees for Services Management-$50,000-$50,000
Other Employee Benefits$42,301--$42,301
Payroll Taxes$33,515--$33,515
Insurance$33,197--$33,197
Information Technology$11,560--$11,560
Fees for Services Accounting-$1,500-$1,500
Fees for Services Other$976--$976
All Other Expenses$296--$296
Other Expenses$225--$225
Total Functional Expenses$3,022,457$51,500$0$3,073,957
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“University of tennessee research foundation is clinical trials network of tennessee's sole member.”

Form 990, Page 6, Part VI, Line 7A

“As the sole member, university of tennessee research foundation has the responsibility to appoint and remove board members from the clinical trials network of tennessee.”

Form 990, Page 6, Part VI, Line 7B

“As the sole member, university of tennessee research foundation has the responsibility of approving significant governance items such as amendments to the charter or bylaws of clinical trials network of tennessee”

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

“The organization's process for reviewing the 990 is for the president, secretary, and member to review.”

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

“General counsel sends out and ensures all responses are received and reviewed.”

Form 990, Page 6, Part VI, Line 19

“The organization's governming documents and financial statements are available for review by the public upon request.”

Filing and Contact Details

Filer

Filer Name
Clinical Trials Network of
EIN
82-3632649
Phone
9018661428
Address
910 MADISON AVE STE 608, MEMPHIS, TN 38163

Signing Officer

Name
Dr Samuel Dagogo-jack
Title
President
Phone
4233594217
Signed
2025-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Samuel Dagogo-jack
Formed
2017
Legal Domicile
Tn
Voting Board Members
17
Independent Board Members
17
Employees
5

Preparer

Firm
Rodefer Moss & Co Pllc
Address
1350 E ANDREW JOHNSON HWY, GREENEVILLE, TN 37745
Preparer
Curtis H Morrison
Phone
4236388144
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Ctn2's mission is to advance research for the university of tennessee by aggregating and supporting research conducted by ut faculty investigators across the state of tennessee. As a site management organization, ctn2 provides clinical trial related services to sponsors in search of access to multiple sites, and clinical trial related services to sites within the ctn2 network such as enterprise data warehousing, clinical trial budgeting and contracting, institutional review board facilitation, site management, site quality assurance, and sponsor relationship management.”

Raw XML AppendixShowing 400 of 582 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm20WILIAM MASON
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IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20GENERAL COUN
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IRS990/MissionDesc0CTN2'S MISSION IS TO ADVANCE RESEARCH FOR THE UNIVERSITY OF TENNESSEE BY AGGREGATING AND SUPPORTING RESEARCH CONDUCTED BY UT FACULTY INVESTIGATORS ACROSS THE STATE OF TENNESSEE. AS A SITE MANAGEMENT ORGANIZATION, CTN2 PROVIDES CLINICAL TRIAL RELATED SERVICES TO SPONSORS IN SEARCH OF ACCESS TO MULTIPLE SITES, AND CLINICAL TRIAL RELATED SERVICES TO SITES WITHIN THE CTN2 NETWORK SUCH AS ENTERPRISE DATA WAREHOUSING, CLINICAL TRIAL BUDGETING AND CONTRACTING, INSTITUTIONAL REVIEW BOARD FACILITATION, SITE MANAGEMENT, SITE QUALITY ASSURANCE, AND SPONSOR RELATIONSHIP MANAGEMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CTN2'S MISSION IS TO ADVANCE RESEARCH FOR THE UNIVERSITY OF TENNESSEE BY AGGREGATING AND SUPPORTING RESEARCH CONDUCTED BY UT FACULTY INVESTIGATORS ACROSS THE STATE OF TENNESSEE. AS A SITE MANAGEMENT ORGANIZATION, CTN2 PROVIDES CLINICAL TRIAL RELATED SERVICES TO SPONSORS IN SEARCH OF ACCESS TO MULTIPLE SITES, AND CLINICAL TRIAL RELATED SERVICES TO SITES WITHIN THE CTN2 NETWORK SUCH AS ENTERPRISE DATA WAREHOUSING, CLINICAL TRIAL BUDGETING AND CONTRACTING, INSTITUTIONAL REVIEW BOARD FACILITATION, SITE MANAGEMENT, SITE QUALITY ASSURANCE, AND SPONSOR RELATIONSHIP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNIVERSITY OF TENNESSEE RESEARCH FOUNDATION IS CLINICAL TRIALS NETWORK OF TENNESSEE'S SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS THE SOLE MEMBER, UNIVERSITY OF TENNESSEE RESEARCH FOUNDATION HAS THE RESPONSIBILITY TO APPOINT AND REMOVE BOARD MEMBERS FROM THE CLINICAL TRIALS NETWORK OF TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS THE SOLE MEMBER, UNIVERSITY OF TENNESSEE RESEARCH FOUNDATION HAS THE RESPONSIBILITY OF APPROVING SIGNIFICANT GOVERNANCE ITEMS SUCH AS AMENDMENTS TO THE CHARTER OR BYLAWS OF CLINICAL TRIALS NETWORK OF TENNESSEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PROCESS FOR REVIEWING THE 990 IS FOR THE PRESIDENT, SECRETARY, AND MEMBER TO REVIEW.

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