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Kali's Cure For Paralysis Foundation Inc

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

EIN: 262473236 ✦ Alma, MI ✦ Designated as a 501(c)(3)

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Overview

What is Kali's Cure For Paralysis Foundation Inc?

Kali's Cure For Paralysis Foundation Inc, based in Alma, Michigan, is a nonprofit organization dedicated to supporting individuals with spinal cord injuries. They provide funding to hospitals and rehabilitation facilities, aiding in their treatment efforts. Moreover, the foundation invests in research and research facilities specializing in programs aimed at treating injuries and diseases of the spinal cord that lead to paralysis. Their mission is twofold, ensuring both patient care and the pursuit of advancements in spinal cord treatment research.


Official website here: www.kaliscure.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a good level of accountability and finance management for Kali's Cure For Paralysis Foundation Inc. The charity scored well overall, particularly with a high program expense ratio of 96.90%, suggesting that a significant portion of its funding is directed towards its mission-focused programs.

Kali's Cure For Paralysis Foundation demonstrates strong governance with a fully independent board, scoring 100% in both the majority of independent board members and independent board size. Additionally, there have been no material diversions of assets, which enhances the trustworthiness of the organization. However, the charity has areas needing improvement, particularly in policies related to conflicts of interest, whistleblower protections, and document retention, which are currently missing.

While the organization excels in financial transparency and program expenditure, the absence of key governance policies could raise concerns about operational transparency. Ensuring these policies are established may enhance its overall accountability and contribute to sustained donor trust.


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

Is Kali's Cure For Paralysis Foundation Inc legitimate?

Kali's Cure For Paralysis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kali's Cure For Paralysis 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kaliscure.org

What is the mission statement of Kali's Cure For Paralysis Foundation Inc?

Kali's Cure For Paralysis Foundation Inc is committed to supporting hospitals and rehabilitation facilities treating patients with spinal cord injuries. Their primary objective is to provide funding for these institutions, enabling them to deliver effective care to patients. Additionally, the foundation invests in research and research facilities specializing in programs aimed at treating injuries and diseases of the spinal cord, which often lead to paralysis. By funding these initiatives, Kali's Cure For Paralysis Foundation Inc contributes to the advancement of treatments and potential cures for conditions causing paralysis. Their efforts are geared towards improving the lives of individuals affected by spinal cord injuries.


Official website here: www.kaliscure.org

Who is the CEO of Kali's Cure For Paralysis Foundation Inc?

Kali A Pung is the Director of Kali's Cure For Paralysis Foundation Inc.


Official website here: www.kaliscure.org

What is the revenue of Kali's Cure For Paralysis Foundation Inc?

Kali's Cure For Paralysis Foundation Inc's revenue in 2022 was $167,530.


Official website here: www.kaliscure.org

Who are the executives of Kali's Cure For Paralysis Foundation Inc and what are their salaries?

There 9 volunteers at Kali's Cure For Paralysis Foundation Inc.


Here are 9 key members and their salaries:


Mary Ann Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael W Pung Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Douglas Lippert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mumford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James O'Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kali A Pung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael W Pung (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Sidney Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kaliscure.org

Where can I find the form 990 for Kali's Cure For Paralysis Foundation Inc?

Kali's Cure For Paralysis Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kaliscure.org

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

Mission Statement of Kali's Cure For Paralysis Foundation Inc

Kali's Cure for Paralysis Foundation Inc is committed to a mission that primarily involves providing financial support. This support is extended to hospitals and rehabilitation facilities that specialize in treating patients with spinal cord injuries. The foundation also funds research facilities that focus on programs aimed at treating injuries and diseases of the spinal cord, which often result in paralysis. By funding these institutions, Kali's Cure for Paralysis Foundation Inc seeks to contribute to the advancement of treatments and potential cures for spinal cord-related conditions. The organization's mission is driven by a desire to make a significant impact in the lives of those affected by spinal cord injuries, offering hope for improved health and quality of life.

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Impact




October, 2024

Kali's Cure For Paralysis Foundation Inc significantly impacts the lives of individuals suffering from spinal cord injuries by providing essential funding to hospitals and rehabilitation facilities. This support helps ensure that patients receive the specialized care and therapy they need for recovery and rehabilitation. Furthermore, the foundation invests in research initiatives aimed at developing innovative treatment options for spinal cord injuries. By funding research facilities dedicated to studying these conditions, Kali's Cure plays a critical role in advancing the understanding and treatment of paralysis. This dual approach not only enhances patient care but also fosters scientific advancements that may one day lead to breakthroughs in spinal cord injury treatment. Overall, the foundation's efforts contribute to improving the quality of life for patients and their families, fostering hope for a future with better treatment options.




This information is meant to be a general summary of Kali's Cure For Paralysis 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.

Revenue
$167,530 (2022)
Expenses
$102,608 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,096
  • Gross Receipts: $173,576

Assets and Liabilities:

  • Total Assets: $884,553
  • Total Liabilities: $0
  • Net Assets: $884,553

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Organization Details

Founding Year

2008

Principal Officer

Kali A Pung

Main Address

5475 BLUE HERON DR, ALMA, MI, 48801

NTEE Category

Code: T30 - Philanthropy

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