Overview
What is The Doctor Theodore A Atlas Foundation Inc?
The Doctor Theodore A Atlas Foundation Inc, located in Staten Island, New York, is a community service organization established to honor the memory of Dr. Theodore A. Atlas Sr., MD. With a small team of two employees, the foundation dedicates its efforts to promoting charitable works by providing both financial and emotional support to individuals and organizations in need. The foundation's mission particularly focuses on addressing the needs of children, demonstrating a strong commitment to bettering the lives of young people in the community. Over the years, they have granted funds to various causes, contributing to charitable endeavors and making a positive impact in their community.
Official website here: www.dratlasfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Doctor Theodore A Atlas Foundation Inc has achieved a remarkable score of 96%, reflecting a high level of accountability and financial health. This rating is based entirely on their performance in the Accountability & Finance category, indicating that the organization is well-managed and transparent in its operations and fundraising efforts.
Strengths of the foundation include a fully independent board, with all 13 members contributing to its governance. It has demonstrated excellence in financial oversight, having no material diversion of assets and a low liabilities-to-assets ratio of just 0.97%. The organization's commitment to maintaining strong policies, such as conflict of interest and whistleblower policies, further underscores its dedication to ethical standards.
However, while the foundation's strong financial indicators and transparent practices are commendable, the summary does not highlight any potential limitations or challenges that may affect its operations. Overall, the Doctor Theodore A Atlas Foundation Inc appears to be a well-structured nonprofit that efficiently utilizes its resources to achieve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Doctor Theodore A Atlas Foundation Inc legitimate?
The Doctor Theodore A Atlas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Doctor Theodore A Atlas 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,640
For more financial information, click here
Official website here: www.dratlasfoundation.com
What is the mission statement of The Doctor Theodore A Atlas Foundation Inc?
The Doctor Theodore A Atlas Foundation Inc, as a tribute to Dr. Theodore A. Atlas Sr., operates as a community service organization. Its primary aim is to provide both financial and emotional support to individuals and organizations in need, with a special focus on the needs of children. The foundation actively promotes charitable works, having made 37 grants to further this cause. In essence, the foundation's mission is to extend aid and comfort to those in need, particularly children, fostering a spirit of community service.
Official website here: www.dratlasfoundation.com
Who is the CEO of The Doctor Theodore A Atlas Foundation Inc?
Theodore A Atlas Jr is the Treasurer of The Doctor Theodore A Atlas Foundation Inc.
Official website here: www.dratlasfoundation.com
What is the revenue of The Doctor Theodore A Atlas Foundation Inc?
The Doctor Theodore A Atlas Foundation Inc's revenue in 2022 was $596,378.
Official website here: www.dratlasfoundation.com
Who are the executives of The Doctor Theodore A Atlas Foundation Inc and what are their salaries?
The average compensation at The Doctor Theodore A Atlas Foundation Inc during 2022 was $48,320. There are 2 employees and 100 volunteers at The Doctor Theodore A Atlas Foundation Inc.
Here are 13 key members and their salaries:
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Official website here: www.dratlasfoundation.com
Where can I find the form 990 for The Doctor Theodore A Atlas Foundation Inc?
The Doctor Theodore A Atlas Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dratlasfoundation.com
Learn more at the official website: www.dratlasfoundation.com
Mission Statement of The Doctor Theodore A Atlas Foundation Inc
The Doctor Theodore A Atlas Foundation Inc, as a tribute to the memory of Dr. Theodore A. Atlas Sr., MD, operates as a community service organization. Its primary mission is to provide financial and emotional support to individuals and organizations in need, with a special focus on the needs of children. This foundation promotes charitable works through grant distribution, making a total of 37 grants to foster such initiatives.
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Impact
July, 2024
The Doctor Theodore A Atlas Foundation Inc has a significant impact on the community, providing financial and emotional support to individuals and organizations in need, with a particular focus on children. Through its charitable works, the foundation has made 37 grants to promote acts of philanthropy and address various needs within the community. Its mission to honor the memory of Dr. Theodore A. Atlas Sr, MD, is evident in its dedication to supporting those most in need, ultimately making a positive impact on the lives of many.
This information is meant to be a general summary of The Doctor Theodore A Atlas 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: $2,123
- Gross Receipts: $596,378
Assets and Liabilities:
- Total Assets: $1,584,670
- Total Liabilities: $15,419
- Net Assets: $1,569,251
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Organization Details
Founding Year
1998
Principal Officer
Theodore A Atlas Jr
Main Address
543 CARY AVENUE, STATEN ISLAND, NY, 10310
Website
www.dratlasfoundation.comNTEE Category
Code: T900 - Philanthropy
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