Overview
What is Fraxa Research Foundation Inc?
Fraxa Research Foundation Inc, situated in Newburyport, Massachusetts, is a nonprofit organization with a focus on funding research aimed at discovering treatments and a potential cure for Fragile X syndrome. With a dedicated team of four individuals, the foundation's mission is to make significant strides in this area, leading the charge towards more effective treatments and eventually, a cure. The organization raises funds directly to support research initiatives in this field.
Official website here: www.fraxa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% - Four-Star out of Four Stars
Fraxa Research Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, highlighting its exceptional performance in accountability and finance, where it scored a perfect 100. The organization demonstrates a strong commitment to maximizing resources for research, evidenced by a program expense ratio of nearly 89.38% and minimal fundraising costs. Its leadership is also noted for adaptability, with a board that is predominantly independent, ensuring that the foundation maintains a focused mission on finding treatments for Fragile X Syndrome.
User feedback reflects a profound appreciation for the foundation's impact on the families affected by Fragile X. Many reviewers emphasize the hope and support provided by Fraxa, noting its dedication to advancing research and funding clinical trials. The foundation is described as a beacon of hope, with numerous accounts detailing how it has improved the lives of individuals with Fragile X and their families through ongoing research initiatives. Its ability to create a community of support among families is frequently praised.
While the foundation excels in many areas, some user reviews suggest that the organization could further enhance its outreach and community engagement strategies. However, this is outweighed by the positive feedback regarding its efficiency and the direct impact of its funded research. Overall, Fraxa Research Foundation is recognized as a leader in the fight against Fragile X Syndrome, offering invaluable resources and hope to those affected by this genetic condition.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Fraxa Research Foundation Inc?
94% of 19 reviewers on Facebook recommend Fraxa Research Foundation Inc. Here is a summary of their reviews:
Many reviewers express appreciation for Fraxa Research, highlighting its significant role in advancing research for fragile X syndrome. The foundation is credited with transforming the landscape of fragile X research, which was previously underfunded. Reviewers emphasize the hope and inspiration it provides to families affected by the condition, noting the organization's commitment to discovering potential treatments.
Overall, the sentiment is overwhelmingly positive, with users confident in Fraxa's mission and its impact on the fragile X community. The foundation's initiatives have instilled optimism among families, showcasing a genuine dedication to finding a cure and improving the lives of those with fragile X syndrome.
This AI summary has been generated from reviews found on Facebook.
Is Fraxa Research Foundation Inc legitimate?
Fraxa Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fraxa Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $264,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,333
For more financial information, click here
Official website here: www.fraxa.org
What is the mission statement of Fraxa Research Foundation Inc?
The Fraxa Research Foundation Inc's mission is centered around finding effective treatments and ultimately curing Fragile X syndrome. This mission is achieved through the direct funding of research grants. Their primary goal is to contribute to the advancement of treatments and potential cures for this condition. The organization's efforts are geared towards making a significant impact in the lives of those affected by Fragile X syndrome.
Official website here: www.fraxa.org
Who is the CEO of Fraxa Research Foundation Inc?
Katherine N Clapp is the President of Fraxa Research Foundation Inc.
Official website here: www.fraxa.org
What is the revenue of Fraxa Research Foundation Inc?
Fraxa Research Foundation Inc's revenue in 2022 was $2,018,041.
Official website here: www.fraxa.org
Who are the executives of Fraxa Research Foundation Inc and what are their salaries?
The average compensation at Fraxa Research Foundation Inc during 2022 was $78,674. There are 4 employees and 115 volunteers at Fraxa Research Foundation Inc.
Here are 12 key members and their salaries:
- Compensation: $128,292
- Related: $0
- Other: $6,980
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- Other: $0
- Compensation: $122,112
- Related: $0
- Other: $6,979
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.fraxa.org
Where can I find the form 990 for Fraxa Research Foundation Inc?
Fraxa Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fraxa.org
Learn more at the official website: www.fraxa.org
Mission Statement of Fraxa Research Foundation Inc
Fraxa Research Foundation Inc, as a nonprofit organization, is dedicated to achieving two significant goals: finding effective treatments and ultimately curing Fragile X syndrome. The foundation's primary mission revolves around directly funding grant research, which is a crucial step towards addressing this neurological disorder. By investing in research, Fraxa Research Foundation Inc hopes to contribute to the scientific community's understanding of Fragile X syndrome and pave the way for potential cures. The organization's focus on research reflects its commitment to improving the lives of those affected by this syndrome, providing a beacon of hope for families and individuals seeking better treatment options.
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Impact
July, 2024
Fraxa Research Foundation Inc's impact can be seen in its dedication to finding effective treatments and ultimately a cure for Fragile X syndrome. By raising funds for direct funding of grant research, Fraxa Research Foundation Inc is actively supporting the quest for a solution to this genetic condition. Through their efforts, they are contributing to advancements in medical research and the potential improvement of the quality of life for individuals affected by Fragile X syndrome.
This information is meant to be a general summary of Fraxa Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $271,800
- Gross Receipts: $2,751,979
Assets and Liabilities:
- Total Assets: $3,531,781
- Total Liabilities: $9,338
- Net Assets: $3,522,443
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Organization Details
Founding Year
1994
Phone
(978) 462-1866Principal Officer
Katherine N Clapp
Main Address
10 Prince Place, Newburyport, MA, 01950
Website
www.fraxa.orgNTEE Category
Code: H99 - Medical research
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