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Health : Medical Research

Lankenau Institute for Medical Research

Advancing human health and well-being through research

three stars

82.16

100 East Lancaster Avenue Wynnewood, PA 19096
tel: (610) 645-8400   Web Site
EIN: 23-2175659

Board Leadership
Peter H. Havens
Chair

CEO
George C. Prendergast
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 82.16 three stars
  Financial 77.30 two stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1927, the mission of the Lankenau Institute for Medical Research is to advance human health and well-being through research to improve the detection and treatment of disease; the rapid transfer of new technology to the clinic; and the training of the next generation of scientists and physicians. Our rich history, staff of over 120, and hard working board of trustees allows us to continue our commitment to advancing an understanding of the causes of cancer, cardiovascular disease, and diabetes. Located on the campus of Lankenau Hospital, our scientists perform basic research studies to understand the fundamental problems associated with disease; preclinical and translational research where results are developed into new diagnostics or medications; and clinical research where advances in medicine can be brought to the patient bedside.

Founded in 1927, the mission of the Lankenau Institute for Medical Research is to advance human health and well-being through research to improve the detection and treatment of disease; the rapid transfer of new technology to the clinic; and the training of the next generation of scientists and physicians. Our rich history, staff of over 120, and hard working board of trustees allows us to continue our commitment to advancing an understanding of the causes of cancer, cardiovascular disease, and diabetes. Located on the campus of Lankenau Hospital, our scientists perform basic research studies to understand the fundamental problems associated with disease; preclinical and translational research where results are developed into new diagnostics or medications; and clinical research where advances in medicine can be brought to the patient bedside.

Impact Information

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Financial

two stars

77.30

Accountability & Transparency

three stars

89.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.3%
  Administrative Expenses 15.2%
  Fundraising Expenses 0.3%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) < 0.01
  Program Expenses Growth 10.1%
  Liabilities to Assets 129.7%
All data for Financial Performance Metrics calculations was provided by Lankenau Institute for Medical Research on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Lankenau Institute for Medical Research on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Lankenau Institute for Medical Research (PA) 82.16 three stars
Familial Dysautonomia Foundation (NY) 93.11 four stars
Sabin Vaccine Institute (DC) 88.94 three stars
American Committee for the Weizmann Institute of Science (NY) 95.50 four stars
Monell Chemical Senses Center (PA) 86.22 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $818,115
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $887,638
   Government Grants $3,071,516
Total Contributions $4,777,269
   Program Service Revenue $1,401,817
Total Primary Revenue $6,179,086
   Other Revenue $3,156,819
TOTAL REVENUE $9,335,905
   
EXPENSES  
   Program Expenses $13,748,117
   Administrative Expenses $2,509,406
   Fundraising Expenses $39,698
TOTAL FUNCTIONAL EXPENSES $16,297,221
   
Payments to Affiliates $591,060
Excess (or Deficit) for the year $-6,961,316
   
Net Assets $-1,735,310

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Basic Research $10,776,427 78.4%
Clinical Research $2,793,601 20.3%
New Technology $178,089 1.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 82.16 three stars
2017-06 03/01/2019 81.99 three stars
2016-06 03/01/2018 77.96 two stars
2015-06 11/01/2016 76.58 two stars
2014-06 06/01/2016 74.88 two stars
 
CN 2.0
2014-06 11/01/2015 72.88 two stars
2013-06 12/22/2014 74.59 two stars
2012-06 11/01/2013 79.71 two stars
2011-06 11/06/2012 77.68 two stars
2010-06 11/01/2011 78.41 two stars
2009-06 09/20/2011 76.55 two stars
 
CN 1.0
2009-06 11/24/2010 69.45 one star
2008-06 12/15/2009 79.88 two stars
2007-06 06/01/2009 73.69 two stars
2006-06 10/01/2007 68.82 one star
2005-06 07/01/2006 60.04 one star
2004-06 06/01/2005 55.74 one star
2003-06 07/01/2004 70.39 two stars
2002-06 10/01/2003 75.99 two stars
2001-06 02/05/2003 80.76 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-2175659
Name in IRS Master File LANKENAU INSTITUTE FOR MEDICAL RESEARCH
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (161) Scientific research (diseases)
(162) Other medical research
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$396,851 2.43% George C. Prendergast President
Other Salaries of Note
$284,146 1.74% Charles Antzelevitch Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Lankenau Institute for Medical Research (PA) 82.16 three stars
American Committee for the Weizmann Institute of Science (NY) 95.50 four stars
It's The Journey, Inc. (GA) 93.73 four stars
Scleroderma Research Foundation (CA) 96.80 four stars
National Association of Chain Drug Stores Foundation (VA) 88.22 three stars

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Charity Contact Info

Lankenau Institute for Medical Research
100 East Lancaster Avenue
Wynnewood, PA 19096
tel: (610) 645-8400
fax: (610) 645-8533
EIN: 23-2175659

Visit Web Site

Board Leadership

Peter H. Havens
Chair

CEO

George C. Prendergast
President & CEO

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