Overview
What is Avatar Foundation?
The Avatar Foundation is a nonprofit organization located at 24700 CENTER RIDGE ROAD 110, Westlake, Ohio 44145. Their primary focus is to provide financial support for Alzheimer's disease research and educational scholarship programs. They also incur expenses for symposium educational programming that serves the medical field. The foundation's work extends beyond monetary contributions, as they actively contribute to the medical field through educational symposiums, furthering our understanding and potential treatments for Alzheimer's disease.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This rating indicates that the Avatar Foundation has certain strengths in accountability and finance but also highlights areas where improvement is needed. The overall score is derived solely from the Accountability & Finance beacon, reflecting a focus on financial health and transparency.
One notable strength of the organization is its governance, with 66% of its board members being independent, which is a positive indicator of oversight. Additionally, there are no reported issues regarding the diversion of assets, and the organization maintains a strong liabilities to assets ratio of 0.00%, suggesting sound financial management. Furthermore, the program expense ratio stands at an impressive 78.91%, meaning a significant portion of finances is directed toward program services.
Despite these strengths, the overall Two-Star rating suggests that there are areas of concern that may need addressing for overall effectiveness and impact. Prospective donors may want to review additional information about the organization's programs and outreach to understand how their contributions would be utilized.
This AI summary has been generated from information found on Charity Navigator.
Is Avatar Foundation legitimate?
Avatar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avatar Foundation 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 Avatar Foundation?
The Avatar Foundation focuses on providing grants for Alzheimer's disease research and educational scholarship support. A significant portion of their activities involves incurring program service expenses for symposium educational programming that supports the medical field. In essence, their mission is to contribute to advancing Alzheimer's disease research and providing educational opportunities, while also supporting the medical community through symposium-based educational programs.
Who is the CEO of Avatar Foundation?
Ashok Chawla is the Director of Avatar Foundation.
What is the revenue of Avatar Foundation?
Avatar Foundation's revenue in 2022 was $1,642.
Who are the executives of Avatar Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Avatar Foundation?
Avatar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Avatar Foundation
The Avatar Foundation is dedicated to supporting research into Alzheimer's disease and providing educational scholarship assistance. Furthermore, the organization incurs program service expenses to facilitate symposium educational programming that aids the medical field. In essence, the Avatar Foundation seeks to advance Alzheimer's disease research and empower students with educational opportunities, while also contributing to the medical community through educational symposiums.
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Impact
August, 2024
Avatar Foundation's impact is significant in supporting Alzheimer's disease research through grants and educational scholarship programs. Additionally, the foundation plays a crucial role in facilitating symposiums and educational programming that supports the medical field. Its activities in Westlake, OH, contribute to advancing knowledge and resources in the fight against Alzheimer's disease and in promoting medical education.
This information is meant to be a general summary of Avatar Foundation. 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: $1,642
- Gross Receipts: $1,642
Assets and Liabilities:
- Total Assets: $558,756
- Total Liabilities: $0
- Net Assets: $558,756
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Organization Details
Founding Year
2004
Phone
(440) 871-1721Principal Officer
Ashok Chawla
Main Address
24700 CENTER RIDGE ROAD 110, WESTLAKE, OH, 44145
NTEE Category
Code: B60 - Education
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