Overview
What is Fund For The Advancement Of Mental Health Inc?
Fund For The Advancement Of Mental Health Inc, located on Staten Island, New York, is a nonprofit organization dedicated to fostering knowledge and comprehension about mental health issues. They aim to achieve this by providing financial support and resources, disseminating information, and offering research and assistance to other organizations in the development and implementation of mental health programs. Their mission involves promoting understanding and advancement in the field of mental health, ultimately aiming to improve the lives of those affected.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (55%)
Fund For The Advancement Of Mental Health Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its financial and accountability practices. While the organization excels in governance aspects, such as having an independent board and comprehensive policies on conflicts of interest and whistleblower protections, its overall financial health raises red flags.
The charity's Program Expense Ratio is particularly low at 36.38%, suggesting that a smaller portion of its expenses goes directly towards its programs compared to its administrative costs. Additionally, the organization has a concerning Liabilities to Assets Ratio of 68.79%, highlighting potential financial instability, which contributes significantly to its low rating.
Despite its strong governance practices, the financial indicators suggest that Fund For The Advancement Of Mental Health Inc may need to improve its operational efficiency and ensure that more funds are allocated to its core mission activities. Stakeholders should consider these financial challenges when assessing the organization's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Fund For The Advancement Of Mental Health Inc legitimate?
Fund For The Advancement Of Mental Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For The Advancement Of Mental Health 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: $0
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What is the mission statement of Fund For The Advancement Of Mental Health Inc?
The Fund For The Advancement Of Mental Health Inc is dedicated to promoting the advancement of mental health knowledge and understanding. They achieve this by providing funds and facilities, disseminating information, and offering research and assistance to other organizations, helping them to formulate and implement mental health programs. Their mission is to foster a deeper comprehension of mental health issues and support other organizations in designing and executing mental health programs.
Who is the CEO of Fund For The Advancement Of Mental Health Inc?
Robert Helbock is the President of Fund For The Advancement Of Mental Health Inc.
What is the revenue of Fund For The Advancement Of Mental Health Inc?
Fund For The Advancement Of Mental Health Inc's revenue in 2022 was $189,803.
Who are the executives of Fund For The Advancement Of Mental Health Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fund For The Advancement Of Mental Health Inc?
Fund For The Advancement Of Mental Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fund For The Advancement Of Mental Health Inc
The Fund for the Advancement of Mental Health Inc is an organization dedicated to promoting mental health knowledge and understanding. Its primary mission is to provide funding, facilities, and resources, and to disseminate information, offering research and assistance to other organizations in formulating and implementing mental health programs. The ultimate goal of this nonprofit is to advance the understanding of mental health and facilitate the creation of effective mental health programs. By offering financial support, physical resources, and valuable insights, the Fund for the Advancement of Mental Health Inc aims to contribute significantly to the mental health field and support other organizations in their efforts to improve mental health outcomes.
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Impact
June, 2024
Fund For The Advancement Of Mental Health Inc has a significant impact on promoting the advancement of knowledge and understanding of mental health. By providing funds, facilities, disseminating information, conducting research, and offering assistance to other organizations in formulating and implementing mental health programs, the organization plays a crucial role in supporting mental health initiatives. Through its dedicated efforts, Fund For The Advancement Of Mental Health Inc contributes positively to the overall well-being of individuals and communities, ultimately helping to address mental health challenges and improve outcomes in this critical area.
This information is meant to be a general summary of Fund For The Advancement Of Mental Health 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: $459
- Gross Receipts: $491,918
Assets and Liabilities:
- Total Assets: $1,915,561
- Total Liabilities: $1,317,806
- Net Assets: $597,755
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Organization Details
Founding Year
1957
Phone
(718) 442-2225Principal Officer
Robert Helbock
Main Address
669 Castleton Avenue, Staten Island, NY, 10301
NTEE Category
Code: F80I - Mental health
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