Overview
What is Gift Of Life Inc Of New Jersey?
Gift of Life Inc. of New Jersey is a charitable organization, situated in Morris Plains, New Jersey. Their primary mission is to offer corrective open-heart surgery to children suffering from congenital heart defects. In addition to this, they serve as an organ and tissue bank, playing a crucial role in healthcare services. Their work aims to improve the lives of children in need, demonstrating a commitment to medical assistance and support.
Official website here: www.giftoflifenj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects the organization's strong focus on accountability and finance, as it is calculated entirely from a single beacon score. A score of 76% indicates that while the charity demonstrates several strengths in its operations, there is room for improvement, particularly in governance policies.
Gift Of Life Inc Of New Jersey has excelled in various areas, including maintaining a fully independent board and showcasing financial transparency through its high program expense ratio of 91.74%. The absence of material diversion of assets and a strong liabilities-to-assets ratio of 0.00% further bolster its financial health. However, the organization lacks certain important policies, such as a conflict of interest and whistleblower policy, which are critical for enhancing governance and accountability.
While the charity has made significant strides in financial management and independence, the missing governance policies may raise concerns for potential donors about the effectiveness of oversight. Overall, Gift Of Life Inc Of New Jersey shows a commitment to its mission but should consider implementing the missing policies to strengthen its governance framework and enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Gift Of Life Inc Of New Jersey legitimate?
Gift Of Life Inc Of New Jersey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gift Of Life Inc Of New Jersey submitted a form 990EZ, 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.
Official website here: www.giftoflifenj.org
What is the mission statement of Gift Of Life Inc Of New Jersey?
Gift of Life Inc. of New Jersey, as a mission, focuses on providing corrective surgeries for children suffering from congenital heart defects. Beyond this, the organization also operates as an organ and tissue bank, contributing to medical advancements in this field. Their primary goal is to improve the lives of these children by offering them the necessary surgical interventions. The organization does not disclose specific details about its larger vision or objectives, but its primary activity revolves around heart surgeries and organ donation for children with congenital heart defects.
Official website here: www.giftoflifenj.org
Who is the CEO of Gift Of Life Inc Of New Jersey?
James Allison is the President of Gift Of Life Inc Of New Jersey.
Official website here: www.giftoflifenj.org
What is the revenue of Gift Of Life Inc Of New Jersey?
Gift Of Life Inc Of New Jersey's revenue in 2023 was $85,149.
Official website here: www.giftoflifenj.org
Who are the executives of Gift Of Life Inc Of New Jersey and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.giftoflifenj.org
Where can I find the form 990EZ for Gift Of Life Inc Of New Jersey?
Gift Of Life Inc Of New Jersey's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.giftoflifenj.org
Learn more at the official website: www.giftoflifenj.org
Mission Statement of Gift Of Life Inc Of New Jersey
Gift of Life Inc of New Jersey is dedicated to offering corrective open-heart surgeries for children suffering from congenital heart defects. Beyond this, the organization functions as an organ and tissue bank, providing essential medical resources. The primary mission of Gift of Life Inc of New Jersey is to ensure the well-being of children afflicted by heart conditions, offering them a second chance at life through surgical interventions. By operating as an organ and tissue bank, the organization extends its reach to support various medical needs.
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Impact
October, 2024
Gift Of Life Inc Of New Jersey has a profound impact on the lives of children suffering from congenital heart defects by providing life-saving corrective open heart surgeries. Through their dedicated efforts, they not only restore health but also offer hope to families facing the challenges of these serious medical conditions. In addition to their surgical programs, they operate as an organ and tissue bank in Morris Plains, NJ, facilitating critical transplants that further enhance the quality of life for pediatric patients. The organization plays a vital role in advancing pediatric cardiac care and improving health outcomes for the most vulnerable members of the community.
This information is meant to be a general summary of Gift Of Life Inc Of New Jersey. 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.
- Gross Receipts: $116,889
Assets and Liabilities:
- Total Assets: $261,598
- Total Liabilities: $0
- Net Assets: $261,598
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Organization Details
Phone
(973) 600-4967Principal Officer
James Allison
Main Address
PO BOX 25, MORRIS PLAINS, NJ, 07950
Website
www.giftoflifenj.orgNTEE Category
Code: E65 - Health
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