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Mucolipidosis Type Iv Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133633501 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Mucolipidosis Type Iv Foundation Inc?

Mucolipidosis Type Iv Foundation Inc, situated in Atlanta, Georgia, is a small nonprofit organization with a mission to combat Mucolipidosis Type IV, a rare genetic disorder. They raise funds from individuals and companies to support medical research grants, hoping to unravel the causes and symptoms of this disease, ultimately leading to a potential cure. Based at 1440 Spring Street, they contribute to groundbreaking studies at Massachusetts General Hospital. The foundation's work extends beyond monetary contributions, as it aims to foster collaborative research efforts towards finding a cure for Mucolipidosis Type IV.


Official website here: www.ml4.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Mucolipidosis Type IV Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The overall score is derived solely from their Accountability & Finance metrics, where they achieved an 81%. This rating reflects strong governance practices, as evidenced by their 100% independent board members and no material diversion of assets.

The organization demonstrates effective financial management with a high program expense ratio of 80.89%, suggesting that a substantial portion of their funds is allocated directly to their mission-related programs. Additionally, they have robust policies in place, including conflict of interest and whistleblower policies, which contribute to transparency and accountability.

While the foundation shows strengths in governance and program expenses, the rating indicates there may be room for improvement in other areas that are not captured in the current evaluation. Overall, the Mucolipidosis Type IV Foundation Inc appears to be a responsible nonprofit with a commitment to managing its resources effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Mucolipidosis Type Iv Foundation Inc legitimate?

Mucolipidosis Type Iv Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mucolipidosis Type Iv 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: $160,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ml4.org

What is the mission statement of Mucolipidosis Type Iv Foundation Inc?

The Mucolipidosis Type Iv Foundation Inc's mission is centered around raising funds from individuals and companies to support medical research. The primary goal is to provide research grants to scientists studying the cause and symptoms of Mucolipidosis Type Iv, with the ultimate aim of discovering a cure for this disease. The foundation's activities are focused on funding research, with the hope that advancements will lead to improved understanding and eventual eradication of Mucolipidosis Type Iv.


Official website here: www.ml4.org

Who is the CEO of Mucolipidosis Type Iv Foundation Inc?

Rebecca Oberman is the Executive Director of Mucolipidosis Type Iv Foundation Inc.


Official website here: www.ml4.org

What is the revenue of Mucolipidosis Type Iv Foundation Inc?

Mucolipidosis Type Iv Foundation Inc's revenue in 2022 was $860,271.


Official website here: www.ml4.org

Who are the executives of Mucolipidosis Type Iv Foundation Inc and what are their salaries?

The average compensation at Mucolipidosis Type Iv Foundation Inc during 2022 was $80,304. There are 2 employees and 6 volunteers at Mucolipidosis Type Iv Foundation Inc.


Here are 7 key members and their salaries:


Rebecca Oberman (Executive Director)
  • Compensation: $157,500
  • Related: $0
  • Other: $0
Randy Gold (President Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Gold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Kutner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Friedman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Goldschmidt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Fernhoff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ml4.org

Where can I find the form 990 for Mucolipidosis Type Iv Foundation Inc?

Mucolipidosis Type Iv Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ml4.org

Learn more at the official website: www.ml4.org

Mission Statement of Mucolipidosis Type Iv Foundation Inc

The Mucolipidosis Type Iv Foundation Inc is dedicated to funding medical research grants aimed at uncovering the causes and alleviating the symptoms of Mucolipidosis Type Iv, with the ultimate goal of discovering a cure for this disease. The foundation, with a mission to raise contributions from individuals and companies, channels these funds to researchers studying Mucolipidosis Type Iv, hoping to make significant strides in finding a solution to this debilitating condition. By supporting medical research, the Mucolipidosis Type Iv Foundation Inc is actively contributing to the global effort to combat this disease and improve the lives of those affected by it.

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Impact




October, 2024

Mucolipidosis Type IV Foundation Inc significantly impacts the landscape of research focused on Mucolipidosis Type IV by facilitating funding for critical medical research. It raises contributions from individuals and companies, ensuring financial support for studies conducted at prominent research institutions like Mass General Hospital. This funding aims to uncover the underlying causes and symptoms of Mucolipidosis Type IV, ultimately driving progress towards a potential cure. By mobilizing resources and fostering collaborations, the foundation plays a vital role in advancing scientific understanding of this rare disease, bringing hope to affected individuals and their families.




This information is meant to be a general summary of Mucolipidosis Type Iv 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.

Revenue
$860,271 (2022)
Expenses
$653,162 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $860,271

Assets and Liabilities:

  • Total Assets: $1,047,509
  • Total Liabilities: $1,283
  • Net Assets: $1,046,226

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Organization Details

Founding Year

1982

Principal Officer

Rebecca Oberman

Main Address

1440 SPRING STREET, ATLANTA, GA, 30309

NTEE Category

Code: G20 - Disease

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