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Foundation for the Accreditation of Cellular Therapy

EIN 84-1363353 · Omaha, NE

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood86 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

FACT IS A NON-PROFIT CORPORATION FOUNDED TO IMPROVE THE QUALITY OF CELLULAR THERAPY THROUGH PEER-DEVELOPED STANDARDS, EDUCATION AND ACCREDITATION FOR THE BENEFIT OF PATIENTS.

Income
$7.2 million
Spending
$6.3 million
Spent on programs
56%
Reserves
7.1 months of spending
Largest source of income
fees for its services, 93%
Employees
35
Volunteers
487
Highest pay
$347,558, chief med officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 86 out of 100. Higher than 60% of charities in its peer group (medical research, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    15 of 15

    Income rose 31% on the year before.

  • Spending floor

    8 of 15

    56% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 63% of charities in its peer group (medical research, $1m to $10m).

  • Independent board

    25 of 25

    18 of 20 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $2.8 million spent. ACCREDITATION - THE ORGANIZATION ADMINISTERS THE ACCREDITATION PROCESS FOR CELLULAR THERAPY PROGRAMS AND CORD BLOOD BANKS AT RESEARCH AND MEDICAL INSTITUTIONS THAT DESIRE TO OBTAIN THE ACCREDITATION DESIGNATION FOR THEIR PROGRAMS.
  2. $362,160 spent. TRAINING & EDUCATION - THE ORGANIZATION PROVIDES FEE-BASED TRAINING AND EDUCATION FOR ACCREDITED PROGRAMS TO ASSIST THEM IN KEEPING UP-TO-DATE WITH NEW AND REVISED STANDARDS FOR THEIR PROGRAMS. THIS MAY INCLUDE SEMINARS AND DISTANCE LEARNING FOR ACCREDITED PROGRAMS. TO AID PROGRAMS IN EMERGING ECONOMIES, EDUCATIONAL SESSIONS ARE PROVIDED AT NO EXPENSE. TRAINING AND EDUCATION IS ALSO PROVIDED TO FACT'S INSPECTORS AT NO COST TO THE VOLUNTEERS.
  3. $157,796 spent. STANDARDS DEVELOPMENT - THE ORGANIZATION RESEARCHES AND DEVELOPS THE APPROPRIATE STANDARDS FOR DESIGNATED PROGRAMS TO ENSURE THAT ALL ACCREDITED CELLULAR THERAPY PROGRAMS AND CORD BLOOD BANKS ARE ADHERING TO RIGOROUS STANDARDS. THE ORGANIZATION IS VESTED IN ASSISTING PROGRAMS WITH PROVIDING THE HIGHEST STANDARD OF CARE IN THE FIELD OF CELLULAR THERAPY, WHICH IS INCORPORATED INTO THE DEVELOPED STANDARDS.
  4. $282,808 spent. FACT CONSULTING SERVICES

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1997.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.