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Suicide Prevention 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: 161272094 ✦ Ithaca, NY ✦ Designated as a 501(c)(3)

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Overview

What is Suicide Prevention Foundation Inc?

The Suicide Prevention Foundation Inc, located in Ithaca, New York, is a dedicated nonprofit organization. Its primary mission involves managing the long-term financial support of a regional suicide prevention and crisis service agency. This agency offers intervention and trauma counseling, as well as educational programming. The financial support, managed by an all-volunteer Board of Directors, encompasses the management of endowment funds and a building (acquired through a bequest) that houses the agency. In addition, the Foundation actively seeks contributions to expand its endowment funds.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.

The Suicide Prevention Foundation Inc has achieved an impressive rating of 94% on Charity Navigator, reflecting strong performance in accountability and finance. The charity benefits from a 100% independent board, which ensures a high level of governance and oversight. Its fiscal management is evident through a perfect score on its liabilities to assets ratio, indicating financial stability.

Strengths highlighted include a high program expense ratio of 83.31%, suggesting that a significant portion of its funding is dedicated directly to its programs rather than administrative costs. Additionally, the organization has established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, which further enhances its accountability.

While the overall score is robust, the analysis does not indicate any specific limitations or areas of concern within the organization. The absence of material diversion of assets and adherence to best practices in governance sets a strong precedent for the foundation's operations and mission effectiveness.


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

Is Suicide Prevention Foundation Inc legitimate?

Suicide Prevention Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suicide Prevention 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: $0

For more financial information, click here

What is the mission statement of Suicide Prevention Foundation Inc?

The Suicide Prevention Foundation Inc's mission is to manage long-term financial support for suicide prevention and crisis services. By providing intervention, trauma counseling, and educational programming, the foundation aims to safeguard the mental health and well-being of individuals in the community. Guided by an all-volunteer board of directors, the financial support encompasses the management of endowed funds and the agency's building, which was acquired through a bequest. Additionally, the foundation actively seeks contributions to build its endowment funds.

Who is the CEO of Suicide Prevention Foundation Inc?

Jeremy Downs is the Acting President of Suicide Prevention Foundation Inc.

What is the revenue of Suicide Prevention Foundation Inc?

Suicide Prevention Foundation Inc's revenue in 2022 was $22,656.

Who are the executives of Suicide Prevention Foundation Inc and what are their salaries?

There 4 volunteers at Suicide Prevention Foundation Inc.


Here are 4 key members and their salaries:


Jeremy Downs (Acting President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norbert Mccloskey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Coombs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Cottrell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Suicide Prevention Foundation Inc?

Suicide Prevention Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Suicide Prevention Foundation Inc

The Suicide Prevention Foundation Inc is dedicated to managing the long-term financial support of suicide prevention and crisis services in the region. This nonprofit organization fulfills its mission through intervention and trauma counseling, as well as educational programming. Guided by an all-volunteer Board of Directors, the financial support provided by the foundation includes the management of endowed funds and the building (acquired through a bequest) that houses the agency. The foundation also actively seeks contributions to build the endowment funds. In essence, the Suicide Prevention Foundation Inc serves as a beacon of hope, providing essential financial backing for an agency committed to preventing suicide and offering crisis services, all while ensuring the organization's continued support through wise financial management.

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Impact




June, 2024

Suicide Prevention Foundation Inc plays a crucial role in managing the long-term financial support for suicide prevention and crisis services in the region. The organization, guided by an all-volunteer board of directors, oversees endowed funds and the building that houses the agency, acquired through a bequest. Additionally, they actively seek contributions to build endowment funds to sustain their mission. Through intervention, trauma counseling, and educational programming, Suicide Prevention Foundation Inc makes a tangible impact on mental health support and suicide prevention in Ithaca, NY, and its surrounding areas.




This information is meant to be a general summary of Suicide Prevention 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
$22,656 (2022)
Expenses
$35,891 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,693
  • Program Service Revenue: $12,000
  • Gross Receipts: $34,145

Assets and Liabilities:

  • Total Assets: $487,594
  • Total Liabilities: $0
  • Net Assets: $487,594

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$12,000

Organization Details

Founding Year

1985

Principal Officer

Jeremy Downs

Main Address

124 E COURT STREET, ITHACA, NY, 14850

NTEE Category

Code: F41Z - Mental health

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