Overview
What is Touch Therapy Inc?
Touch Therapy Inc, located in Annapolis, Maryland, is a nonprofit organization with a mission to combat breast cancer. They spearhead collaborative efforts, bringing together patients, survivors, advocates, advocacy organizations, healthcare professionals, researchers, and pharmaceutical companies. The goal is to work collectively and with accountability towards eradicating breast cancer. This is achieved through their weekly web series and Pink Table Talk, a platform designed to foster dialogue and awareness about breast cancer. Touch Therapy Inc employs a team of three individuals, demonstrating their dedication to this critical cause.
Official website here: www.touchbbca.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 25%
Touch Therapy Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 25%, the organization demonstrates a lack of transparency and effective financial management, particularly noted in the absence of key financial statements and other essential policies.
While the nonprofit has a majority of independent board members, significant deficiencies are present, such as missing conflict of interest and whistleblower policies. Additionally, the program expense ratio is notably low at 12.67%, raising questions about the allocation of funds and overall operational efficiency. Although the organization has no material diversion of assets, the lack of documented financial practices severely impacts its credibility.
On a positive note, Touch Therapy Inc does show some strengths, including having its board meeting minutes documented and no loans to/from officers. However, the overall financial health of the organization appears to be precarious, reflected by a liabilities to assets ratio of 0.00% and questionable fundraising efficiency. These factors highlight the need for substantial improvements in governance and financial transparency to better serve its mission and gain public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Touch Therapy Inc legitimate?
Touch Therapy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Touch Therapy 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: $282,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.touchbbca.org
What is the mission statement of Touch Therapy Inc?
Touch Therapy Inc's mission involves facilitating collaboration among patients, survivors, advocates, advocacy organizations, healthcare professionals, researchers, and pharmaceutical companies. Their collective goal is to combat breast cancer with accountability and responsibility. This organization drives efforts to eradicate breast cancer, working together to advance research and improve healthcare solutions. Their activities include hosting educational programs and web series, such as "The Doctor is In - Weekly Web Series" and "Pink Table Talk - Breast Cancer," to raise awareness and engage the community in the fight against breast cancer.
Official website here: www.touchbbca.org
Who is the CEO of Touch Therapy Inc?
Ricki Fairley is the CEO of Touch Therapy Inc The CEO's salary of Touch Therapy Inc is $221,000 and their total compensation is $221,000.
Official website here: www.touchbbca.org
What is the revenue of Touch Therapy Inc?
Touch Therapy Inc's revenue in 2023 was $2,630,808.
Official website here: www.touchbbca.org
Who are the executives of Touch Therapy Inc and what are their salaries?
The average compensation at Touch Therapy Inc during 2023 was $62,329.
Here are 5 key members and their salaries (Touch Therapy Inc's CEO's salary is $221,000 and their total compensation is $221,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $61,000
- Related: $0
- Other: $0
- Compensation: $221,000
- Related: $0
- Other: $0
Official website here: www.touchbbca.org
Where can I find the form 990 for Touch Therapy Inc?
Touch Therapy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.touchbbca.org
Learn more at the official website: www.touchbbca.org
Mission Statement of Touch Therapy Inc
Touch Therapy Inc, a collaborative organization, is dedicated to driving a collective and accountable effort involving patients, survivors, advocates, advocacy organizations, healthcare professionals, researchers, and pharmaceutical companies. Their primary mission is to work together in eradicating breast cancer. This collaboration aims to leverage the unique perspectives and expertise of each group, fostering a united front against this disease. By bringing together diverse stakeholders, Touch Therapy Inc seeks to create a comprehensive and effective approach to breast cancer awareness, research, and treatment.
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Impact
October, 2024
Touch Therapy Inc has a significant impact on the fight against breast cancer through its collaborative initiatives that unite patients, survivors, advocates, healthcare professionals, researchers, and pharmaceutical companies. By fostering an environment of accountability and cooperation, the organization facilitates shared efforts aimed at eradicating breast cancer.
One of their key initiatives, "The Doctor Is In," is a weekly web series that provides education and resources to patients and the community, ensuring they remain informed about treatment options and advancements in research. Another initiative, "Pink Table Talk," serves as a platform for open discussions around breast cancer, bringing together diverse voices and perspectives to raise awareness and support those affected by the disease.
Based in Annapolis, MD, Touch Therapy Inc is driving meaningful change in the healthcare landscape by not only advancing scientific collaboration but also by empowering individuals through education and community support. Their work is instrumental in shaping a united front against breast cancer, ultimately striving for a future where this disease is eradicated.
This information is meant to be a general summary of Touch Therapy 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 2023.
- Investment Income: $206
- Gross Receipts: $2,630,808
Assets and Liabilities:
- Total Assets: $1,097,638
- Total Liabilities: $0
- Net Assets: $1,097,638
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Organization Details
Founding Year
2007
Principal Officer
Ricki Fairley
Website
www.touchbbca.orgNTEE Category
Code: G30 - Disease
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