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Cvpath Institute

Gaithersburg, MD · EIN 20-4903376 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Cvpath Institute reported $13.1 million in revenue and $14.0 million in expenses for calendar year 2024. Of every $100 it spent, $91.89 went to program services, $8.11 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.4% of the total. The highest compensation it reported for one person was $626,355 (PRESIDENT & CHIEF SCIENTIFIC OFFICER). 14 people received more than $100,000 in reportable compensation. Revenue rose 24% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 169 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.9%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
8.1%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.0%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
93.4%5.8%
Highest reported compensation
Part VII-A, columns D–F
$626,355$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.48%1.94%
People paid over $100,000
Part VII, line 2
1418
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.913.3
Independent voting board members
Part VI 1a–1b
7 of 1093.8%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$13M expenses · 100.0% of program spending · revenue $12M

Medical research: conduct research in conjunction with government and commercial collaborators to further advancements in human health

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CHIEF SCIENTIFIC OFFICER
Director/trustee, officer, 40.00 hrs/week
$575,559$0$50,796$626,355
FOUNDER & PRESIDENT EMERITUS
Director/trustee, officer, 40.00 hrs/week
$469,019$0$24,150$493,169
CHIEF OF ANATOMIC PATHOLOGY
Highest compensated employee, 40.00 hrs/week
$262,294$0$17,068$279,362
SENIOR PATHOLOGIST
Highest compensated employee, 40.00 hrs/week
$236,790$0$29,739$266,529
ASSOCIATE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$215,569$0$14,017$229,586
DIRECTOR, BUSINESS OPERATIONS & ADMINISTRATION
Highest compensated employee, 40.00 hrs/week
$137,221$0$26,962$164,183
SENIOR PATHOLOGIST ASSISTANT
Highest compensated employee, 40.00 hrs/week
$124,430$0$37,427$161,857

14 people received more than $100,000 in reportable compensation from Cvpath Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M20202021202220232024$13M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$14M91.9%$16M$626,355
2023 ⓘ$11M$10M89.0%$16M$603,754
2022 ⓘ$10M$9.9M90.3%$15M$574,197
2021 ⓘ$13M$11M91.8%$16M$509,578
2020 ⓘ$11M$12M92.6%$14M$559,520

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 559
  • Volunteers Part I, line 68

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MEDSTAR HEALTH RESEARCH INSTITUTE
Laboratory research
$1,160,567
CL LABORATORY LLC
Laboratory research
$141,995

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Cvpath Institute totaling $52,527 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Cvpath Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cvpath Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in Maryland

Questions people ask

How much of Cvpath Institute's spending goes to programs?

In calendar year 2024, Cvpath Institute reported that 91.9% of its $14.0 million in expenses went to program services, 8.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Cvpath Institute pay its top executive?

The largest total compensation Cvpath Institute reported for one person in calendar year 2024 was $626,355, for the role of PRESIDENT & CHIEF SCIENTIFIC OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cvpath Institute get its money?

Of $13.1 million in revenue in calendar year 2024, 3.0% came from contributions and grants and 93.4% from program service revenue (Form 990, Part VIII).

Is Cvpath Institute a registered charity?

The IRS lists EIN 20-4903376 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503049349302445 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202432579349301533 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202311749349301011 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202202849349301020 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132159349301753 · read the filing

All filings for EIN 20-4903376: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.