Overview
What is Spastic Paraplegia Foundation Inc?
Spastic Paraplegia Foundation Inc, located in Fortson, Georgia, is a dedicated nonprofit organization that aims to combat two closely related upper motor neuron disorders: Primary Lateral Sclerosis and Hereditary Spastic Paraplegia. To accomplish its mission, the foundation provides administrative services totaling $65,981, enabling it to distribute grants for research worldwide. In 2020, the foundation allocated $600,000 for non-domestic research grants and $298,904 for domestic grants. This commitment to research is instrumental in their objective to find a cure and offer supportive services for individuals affected by these disorders.
Official website here: www.sp-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Spastic Paraplegia Foundation Inc has achieved a Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance, as well as culture and community engagement. The organization demonstrates high transparency and financial health, with an impressive program expense ratio of 96%, indicating that the majority of its funds are directed towards its mission of finding a cure for related disorders.
Strengths include a fully independent board, robust audit and oversight measures, and the effective use of feedback in its operations. The foundation excels in community practices and equity strategies, showcasing a strong commitment to inclusivity and responsiveness to stakeholder needs. However, some limitations are noted, including the absence of a whistleblower and document retention policy, which may raise concerns about internal governance practices.
Overall, the foundation's mission focused on supporting individuals affected by Primary Lateral Sclerosis and Hereditary Spastic Paraplegia is well-supported by its operational strengths. Continuous improvement in governance policies could further enhance its accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Spastic Paraplegia Foundation Inc legitimate?
Spastic Paraplegia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spastic Paraplegia 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:
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For more financial information, click here
Official website here: www.sp-foundation.org
What is the mission statement of Spastic Paraplegia Foundation Inc?
The Spastic Paraplegia Foundation Inc is committed to finding a cure and offering information and support services for two closely related upper motor neuron disorders: Primary Lateral Sclerosis and Hereditary Spastic Paraplegia. In pursuit of this mission, the foundation provides administrative services that enable the distribution of research grants worldwide, totaling $65,981 in 2020. These grants amounted to $600,000 for non-domestic research and $298,904 for domestic research. The foundation's efforts are primarily focused on advancing research and providing resources to aid in the understanding and management of these disorders.
Official website here: www.sp-foundation.org
Who is the CEO of Spastic Paraplegia Foundation Inc?
Greg Pruitt is the President of Spastic Paraplegia Foundation Inc.
Official website here: www.sp-foundation.org
What is the revenue of Spastic Paraplegia Foundation Inc?
Spastic Paraplegia Foundation Inc's revenue in 2022 was $1,249,081.
Official website here: www.sp-foundation.org
Who are the executives of Spastic Paraplegia Foundation Inc and what are their salaries?
There 100 volunteers at Spastic Paraplegia Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.sp-foundation.org
Where can I find the form 990 for Spastic Paraplegia Foundation Inc?
Spastic Paraplegia Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sp-foundation.org
Learn more at the official website: www.sp-foundation.org
Mission Statement of Spastic Paraplegia Foundation Inc
The Spastic Paraplegia Foundation Inc is committed to making significant strides in the fight against two closely related upper motor neuron disorders: Primary Lateral Sclerosis and Hereditary Spastic Paraplegia. Their mission is multifaceted, encompassing the pursuit of a cure and the provision of valuable information and support services for those affected by these conditions. By offering comprehensive administrative services, the foundation is able to allocate funds for research initiatives worldwide. In 2020, the foundation granted a substantial amount of $600,000 for international research projects and $298,904 for domestic research, furthering the foundation's mission to find a cure and improve the lives of those affected by these disorders.
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Impact
July, 2024
Spastic Paraplegia Foundation Inc's impact is significant in the fight against two closely related upper motor neuron disorders: Primary Lateral Sclerosis and Hereditary Spastic Paraplegia. Through funding research grants both domestically and internationally, the foundation plays a crucial role in advancing our understanding of these conditions and working towards finding a cure. In 2020 alone, the foundation provided over $898,000 in grants for research activities. Through their dedication to finding a cure and providing support services, Spastic Paraplegia Foundation Inc is making a tangible difference in the lives of individuals affected by these disorders.
This information is meant to be a general summary of Spastic Paraplegia 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: -$63,697
- Program Service Revenue: $31,365
- Gross Receipts: $1,249,081
Assets and Liabilities:
- Total Assets: $2,855,492
- Total Liabilities: $1,331,690
- Net Assets: $1,523,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS AND CONFERENCE
Revenue
$31,365
Organization Details
Founding Year
2002
Phone
(706) 576-6402Principal Officer
Greg Pruitt
Main Address
177 ALMOND RIDGE DRIVE, FORTSON, GA, 31808
Website
www.sp-foundation.orgNTEE Category
Code: G48 - Disease
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