Overview
What is The Ryan Licht Sang Bipolar Foundation Inc?
The Ryan Licht Sang Bipolar Foundation Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to fostering awareness, understanding, and research for early-onset bipolar disorder. Post the COVID-19 pandemic, the foundation resumed its in-person awareness programs, which included a medical briefing luncheon and panelist dinner, an art exhibition titled "Creativity and the Bipolar Brain," and a significant research grant to Massachusetts General Hospital aimed at discovering a predictor of early-onset bipolar disorder using big data and artificial intelligence. The foundation is on a mission, referred to as the "Quest for the Test," to find an empirical test for bipolar disorder, enabling early detection and intervention to become a reality. The organization's activities are geared towards ensuring that those affected by early-onset bipolar disorder receive the support and understanding they need.
Official website here: www.ryanlichtsangbipolarfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
The Ryan Licht Sang Bipolar Foundation Inc has received a One-Star rating from Charity Navigator, primarily due to its low score in Accountability & Finance. The overall score reflects significant concerns in several governance areas, notably the lack of independent board members, which can impact the organization's transparency and accountability.
While the foundation shows a commendable program expense ratio of 62.59%, indicating that a substantial portion of its funds is directed toward its mission, it falls short in critical governance policies. Notably, it lacks a whistleblower policy and has not posted its tax form on its website, which raises questions about its commitment to transparency.
On a positive note, the organization has a robust policy in place for conflict of interest and maintains a reasonable liabilities to assets ratio. Nonetheless, the absence of key governance practices may limit donor confidence and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Ryan Licht Sang Bipolar Foundation Inc legitimate?
The Ryan Licht Sang Bipolar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ryan Licht Sang Bipolar 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: $86,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ryanlichtsangbipolarfoundation.org
What is the mission statement of The Ryan Licht Sang Bipolar Foundation Inc?
The Ryan Licht Sang Bipolar Foundation Inc is dedicated to fostering awareness, understanding, and research for early-onset bipolar disorder. Their mission is to find an empirical test for bipolar disorder, aiming for early detection and intervention to become a reality. As the United States emerged from the pandemic, they restarted their in-person programs, which include hosting a medical briefing luncheon and panelist dinner in Chicago, organizing an Insights Art Exhibition on 'Creativity and the Bipolar Brain' in Chicago and Palm Beach, and making a proof-of-concept research grant to Massachusetts General Hospital to find a predictor of early-onset bipolar disorder by leveraging big data and artificial intelligence.
Official website here: www.ryanlichtsangbipolarfoundation.org
Who is the CEO of The Ryan Licht Sang Bipolar Foundation Inc?
Joyce Licht Sang is the President/Director of The Ryan Licht Sang Bipolar Foundation Inc.
Official website here: www.ryanlichtsangbipolarfoundation.org
What is the revenue of The Ryan Licht Sang Bipolar Foundation Inc?
The Ryan Licht Sang Bipolar Foundation Inc's revenue in 2022 was $387,148.
Official website here: www.ryanlichtsangbipolarfoundation.org
Who are the executives of The Ryan Licht Sang Bipolar Foundation Inc and what are their salaries?
The average compensation at The Ryan Licht Sang Bipolar Foundation Inc during 2022 was $86,662. There is 1 employee and 125 volunteers at The Ryan Licht Sang Bipolar Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $86,662
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ryanlichtsangbipolarfoundation.org
Where can I find the form 990 for The Ryan Licht Sang Bipolar Foundation Inc?
The Ryan Licht Sang Bipolar Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ryanlichtsangbipolarfoundation.org
Learn more at the official website: www.ryanlichtsangbipolarfoundation.org
Mission Statement of The Ryan Licht Sang Bipolar Foundation Inc
The Ryan Licht Sang Bipolar Foundation Inc is a nonprofit organization dedicated to fostering awareness, understanding, and research for early-onset bipolar disorder. The foundation's mission lies in its quest for the test, aiming to find an empirical test for bipolar disorder that would make early detection and intervention a reality.
This foundation is on a relentless pursuit to uncover the mysteries surrounding early-onset bipolar disorder, a complex condition that often goes misdiagnosed or unrecognized. With the belief that early intervention can significantly improve outcomes for those affected, the foundation is tirelessly working towards finding a test that can accurately identify this disorder.
In recent times, the foundation has been actively restarting its in-person awareness and understanding programs. These initiatives include a Chicago Bipolar Medical Briefing Luncheon and Panelist Dinner, an Insights Art Exhibition titled "Creativity and the Bipolar Brain" held in Chicago, IL, and Palm Beach, FL, and a significant proof-of-concept research grant made to Massachusetts General Hospital. This research aims to find a predictor of early-onset bipolar disorder by leveraging big data and artificial intelligence. The foundation's efforts are a testament to its commitment to raising awareness, understanding, and advancing research in the field of bipolar disorder.
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Impact
June, 2024
The Ryan Licht Sang Bipolar Foundation Inc fosters awareness, understanding, and research for early-onset bipolar disorder. The foundation's impact includes restarting in-person programs post-COVID such as medical briefings, art exhibitions, and funding important research at Massachusetts General Hospital to find a predictor for early-onset bipolar disorder using big data and artificial intelligence. Their mission is dedicated to finding an empirical test for bipolar disorder for early detection and intervention.
This information is meant to be a general summary of The Ryan Licht Sang Bipolar 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: $33
- Program Service Revenue: $24,950
- Gross Receipts: $531,888
Assets and Liabilities:
- Total Assets: $402,751
- Total Liabilities: $25,480
- Net Assets: $377,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH
Revenue
$24,950
Organization Details
Founding Year
2004
Phone
(888) 944-4408Principal Officer
Joyce Licht Sang
Main Address
875 N MICHIGAN AVENUE Suite 3100, CHICAGO, IL, 60611
NTEE Category
Code: F33 - Mental health
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