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Charley's Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202014968 ✦ Great barrington, MA ✦ Designated as a 501(c)(3)

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Overview

What is Charley's Fund Inc?

Charley's Fund Inc is a dedicated nonprofit organization, headquartered unspecified, that focuses on accelerating the discovery of life-saving treatments and ultimately a cure for Duchenne Muscular Dystrophy (DMD). Led by Tracy Kramer Seckler, they channel funds towards the most promising DMD-related research and treatment projects. The organization's primary mission is to support the advancement of medical solutions for this debilitating condition.


Official website here: www.charleysfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Charley's Fund Inc has achieved an 81% score, earning a Three-Star rating based on its accountability and finance metrics. This score indicates a solid level of transparency and operational effectiveness, reflecting the organization's commitment to maintaining high standards in its financial practices. The rating is solely derived from its Accountability & Finance score, which underscores the importance of trust in nonprofit organizations.

The organization has demonstrated strong financial governance, with perfect scores in several key areas, including its audit and oversight committee and the absence of material diversion of assets. Charley's Fund also maintains robust policies around conflict of interest, whistleblower protection, and document retention, contributing to its favorable rating. Additionally, the program expense ratio is notably high at 84.78%, suggesting that a significant portion of donations is directed towards its mission-related activities.

However, there are no specific notes on user feedback or program impact, which could provide a more comprehensive understanding of Charley's Fund's effectiveness in fulfilling its mission. While the financial metrics are strong, potential donors may seek additional insights into the organization's operational outcomes and community impact before making a contribution.


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

Is Charley's Fund Inc legitimate?

Charley's Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charley's Fund 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: $13,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,427

For more financial information, click here


Official website here: www.charleysfund.org

What is the mission statement of Charley's Fund Inc?

Charley's Fund Inc is dedicated to expediting the creation of effective treatments and ultimately finding a cure for Duchenne Muscular Dystrophy (DMD). The organization focuses on identifying and financially backing the most promising research and treatment programs related to DMD, working towards significant advancements in this field. By supporting these programs, Charley's Fund aims to contribute to the development of life-saving treatments for individuals affected by Duchenne Muscular Dystrophy.


Official website here: www.charleysfund.org

Who is the CEO of Charley's Fund Inc?

Tracy Kramer Seckler is the President of Charley's Fund Inc.


Official website here: www.charleysfund.org

What is the revenue of Charley's Fund Inc?

Charley's Fund Inc's revenue in 2022 was $652,985.


Official website here: www.charleysfund.org

Who are the executives of Charley's Fund Inc and what are their salaries?

The average compensation at Charley's Fund Inc during 2022 was $24,191. There are 3 employees and 3 volunteers at Charley's Fund Inc.


Here are 4 key members and their salaries:


Benjamin Seckler Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Kramer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Reiff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Kramer Seckler (Director)
  • Compensation: $13,146
  • Related: $0
  • Other: $0


Official website here: www.charleysfund.org

Where can I find the form 990 for Charley's Fund Inc?

Charley's Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.charleysfund.org

Learn more at the official website: www.charleysfund.org

Mission Statement of Charley's Fund Inc

Charley's Fund Inc, a nonprofit organization, is dedicated to accelerating the development of life-saving treatments for Duchenne Muscular Dystrophy (DMD). With a singular mission, the organization focuses on supporting the advancement of treatments and the pursuit of a cure for DMD. By identifying and directing funding to the most promising research and treatment programs related to DMD, Charley's Fund Inc plays a crucial role in driving progress in the field. This work is led by Tracy Kramer Seckler, demonstrating the organization's commitment to the cause and its impact in the fight against Duchenne Muscular Dystrophy.

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Impact




July, 2024

Charley's Fund Inc accelerates the development of life-saving treatments for Duchenne Muscular Dystrophy (DMD). Its singular mission is to support the development of treatments and a cure for DMD by identifying and directing funding to the most compelling research and treatment programs related to the disease. Under the leadership of Tracy Kramer Seckler, Charley's Fund is dedicated to making a tangible impact in advancing medical research for DMD.




This information is meant to be a general summary of Charley's Fund 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
$652,985 (2022)
Expenses
$1,447,384 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $756
  • Gross Receipts: $674,178

Assets and Liabilities:

  • Total Assets: $4,104,795
  • Total Liabilities: $179,002
  • Net Assets: $3,925,793

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Organization Details

Founding Year

2004

Principal Officer

Tracy Kramer Seckler

Main Address

635 MAIN STREET SUITE 3, GREAT BARRINGTON, MA, 01230

NTEE Category

Code: H50 - Medical research

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