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The Institute For Children With Cancer And Blood Disorders Inc

Embrace Kids Foundation

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

EIN: 223092432 ✦ New brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Institute For Children With Cancer And Blood Disorders Inc?

The Institute for Children with Cancer and Blood Disorders Inc., often referred to as Embrace Kids Foundation, is a compassionate nonprofit organization based in New Brunswick, New Jersey. With a team of five dedicated individuals, their purpose is to alleviate the hardships and enhance the quality of life for children suffering from cancer, sickle cell, and other severe health issues in the New Jersey/New York City metropolitan area. Through various initiatives, they provide direct aid and support services, such as emergency financial assistance, individualized tutoring, counseling, inspirational events, and holiday parties, to approximately 200 families annually. Embrace Kids Foundation also supports the Rutgers Cancer Institute of New Jersey by funding faculty development and a new pediatric bone marrow transplant program, aiming to improve healthcare for pediatric patients. Moreover, the organization completed a project in Nigeria, providing a 12-month supply of critical vitamins to 2,000 children with sickle cell disease.


Official website here: www.embracekids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Institute For Children With Cancer And Blood Disorders Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. The organization scored 96% in the Accountability & Finance category, which indicates a high level of transparency and responsibility in its operations.

One of the key strengths of the organization is its governance structure, with 100% of its board members being independent. This ensures that decision-making is conducted fairly and without conflicts of interest. Additionally, the organization has established comprehensive policies, including conflict of interest and whistleblower protections, which are critical for maintaining integrity and trust.

The financial health of the nonprofit also appears robust, with a low liabilities to assets ratio of 6% and a program expense ratio of 86.46%. This suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Overall, the organization demonstrates a strong commitment to its mission while maintaining high standards of accountability.


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

What do the Facebook reviews say about The Institute For Children With Cancer And Blood Disorders Inc?

100% of 65 reviewers on Facebook recommend The Institute For Children With Cancer And Blood Disorders Inc. Here is a summary of their reviews:

Many families express deep appreciation for the organization, highlighting the compassionate care and support provided. Reviewers consistently mention the positive impact on their children and families, emphasizing the dedication and kindness of the staff.

Overall, this nonprofit is lauded for its excellent services and commitment to helping those affected by cancer and blood disorders. Families feel supported and valued, contributing to a strong sense of community and trust in the organization.


This AI summary has been generated from reviews found on Facebook.

Is The Institute For Children With Cancer And Blood Disorders Inc legitimate?

The Institute For Children With Cancer And Blood Disorders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute For Children With Cancer And Blood Disorders 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: $273,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,403

For more financial information, click here


Official website here: www.embracekids.org

What is the mission statement of The Institute For Children With Cancer And Blood Disorders Inc?

The Institute for Children with Cancer and Blood Disorders Inc, through its Embrace Kids Foundation, aims to alleviate the burdens and improve the quality of life for children battling cancer, sickle cell, and other serious health conditions. The organization's mission extends beyond just the children, as it also addresses the spiritual, emotional, and financial needs of their families. Since its establishment in 1991, Embrace Kids Foundation has been providing approximately $2 million in direct aid and support services annually to around 200 families, helping them navigate the daily challenges they face. The foundation offers services like emergency financial assistance, individualized tutoring, counseling, inspirational events, and holiday parties, all of which are provided free of charge to the families. The foundation believes that addressing the needs of the entire family, not just the child, is a crucial part of providing comprehensive care.


Official website here: www.embracekids.org

Who is the CEO of The Institute For Children With Cancer And Blood Disorders Inc?

Armaan Saxena is the Chairman of The Institute For Children With Cancer And Blood Disorders Inc.


Official website here: www.embracekids.org

What is the revenue of The Institute For Children With Cancer And Blood Disorders Inc?

The Institute For Children With Cancer And Blood Disorders Inc's revenue in 2022 was $1,730,020.


Official website here: www.embracekids.org

Who are the executives of The Institute For Children With Cancer And Blood Disorders Inc and what are their salaries?

The average compensation at The Institute For Children With Cancer And Blood Disorders Inc during 2022 was $92,492. There are 5 employees and 300 volunteers at The Institute For Children With Cancer And Blood Disorders Inc.


Here are 20 key members and their salaries:


Jeffrey Reagan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Cannellos (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Nehila (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Locke (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mortenson Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Aliperti (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Armas (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Deaney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Askins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Constantino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Montemarano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Monahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omotayo Okusanya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Dolan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcdonnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laszlo Nyitrai (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armaan Saxena (Executive Director)
  • Compensation: $107,400
  • Related: $0
  • Other: $26,627
Glenn Jenkins (Prior Executive Director)
  • Compensation: $113,840
  • Related: $0
  • Other: $28,508


Official website here: www.embracekids.org

Where can I find the form 990 for The Institute For Children With Cancer And Blood Disorders Inc?

The Institute For Children With Cancer And Blood Disorders Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.embracekids.org

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

Mission Statement of The Institute For Children With Cancer And Blood Disorders Inc

The Institute for Children with Cancer and Blood Disorders Inc, known as Embrace Kids Foundation, is committed to alleviating the burdens and enhancing the quality of life for children battling cancer, sickle cell, and other serious disorders in the New Jersey/New York City metropolitan area. The organization's mission is threefold: to lessen the burden, maintain normalcy, and improve the overall quality of life for families whose children are grappling with these health challenges. Embrace Kids Foundation acknowledges that addressing the needs of the patient and their family as a whole is a pivotal aspect of caring for the child.

To fulfill its mission, Embrace Kids Foundation offers a variety of free programs and services to approximately 200 families each year, providing them with approximately $2 million in direct aid. These services cater to the spiritual, emotional, and financial needs of the families, addressing the daily challenges they face. The foundation offers emergency financial assistance, one-on-one tutoring, counseling sessions, inspirational events, and holiday parties to its beneficiaries. Embrace Kids Foundation believes that by addressing the needs of both the patient and their family, they can significantly contribute to the child's healing process.

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Impact




October, 2024

The Institute For Children With Cancer And Blood Disorders Inc significantly enhances the lives of children facing cancer, sickle cell disease, and other serious health challenges in the New Jersey/New York City metropolitan area. By addressing the holistic needs of patients and their families, the organization lightens their burdens and improves their overall quality of life.

Through various initiatives, the organization provides approximately $2 million annually in direct aid and support services to about 200 families, helping them navigate the daily challenges associated with these illnesses. Their programs include emergency financial assistance, individualized tutoring, counseling, and uplifting events, all offered at no cost to families.

Notably, the recent completion of Project Nigeria exemplifies their commitment beyond local borders, supplying essential vitamins to 2,000 children living with sickle cell disease in Nigeria. Additionally, the organization has made substantial investments in local healthcare capacity, committing $1 million to the Rutgers Cancer Institute of New Jersey to support the establishment of a new pediatric bone marrow transplant program. This investment aims to enhance the quality of care for pediatric patients, thereby extending their impact to a broader community in need.

Ultimately, the Institute exemplifies a comprehensive approach to supporting families, recognizing that addressing emotional, spiritual, and financial needs is crucial in the fight against serious health challenges.




This information is meant to be a general summary of The Institute For Children With Cancer And Blood Disorders 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
$1,730,020 (2022)
Expenses
$1,562,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92,825
  • Gross Receipts: $2,071,797

Assets and Liabilities:

  • Total Assets: $2,158,741
  • Total Liabilities: $129,733
  • Net Assets: $2,029,008

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Organization Details

Founding Year

1992

Principal Officer

Armaan Saxena

Main Address

121 SOMERSET STREET, NEW BRUNSWICK, NJ, 08901

NTEE Category

Code: E20Z - Health

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