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The Vecna Cares Charitable Trust

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

EIN: 263318451 ✦ Burlington, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Vecna Cares Charitable Trust?

The Vecna Cares Charitable Trust is a nonprofit organization headquartered in Burlington, Massachusetts. Its primary objective is to enhance maternal and child healthcare outcomes by creating and implementing a digital tool for healthcare workers during labor and delivery. This tool, known as MFM - Project Ideliver, measures the quality of care provided to women delivering in a health facility. The trust also focuses on closing information gaps between patients, caregivers, and decision-makers by providing training and technology to strengthen health systems in underserved areas. With a team of five dedicated individuals, Vecna Cares Charitable Trust is committed to improving health outcomes worldwide.


Official website here: www.vecnacares.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85%

The Vecna Cares Charitable Trust has achieved a Three-Star out of Four Star rating, reflecting a solid performance in its accountability and financial management. With an Accountability & Finance Score of 85%, the organization demonstrates strong governance practices, including an independent board with full compliance on conflict of interest policies and whistleblower protections. Its program expense ratio is notably high at 94.99%, indicating that a significant portion of its funds is directed toward its charitable programs.

While the organization excels in various governance metrics, it faces a significant challenge with a liabilities to assets ratio of 705.69%, which indicates a high level of debt relative to its assets. This could raise concerns about financial sustainability in the long term. Nonetheless, the absence of material diversion of assets shows a commitment to ethical management of resources.

Overall, The Vecna Cares Charitable Trust has established itself as a transparent and responsible nonprofit, excelling in accountability measures and program funding. However, potential donors may want to consider the organization's financial health in relation to its liabilities.


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

Is The Vecna Cares Charitable Trust legitimate?

The Vecna Cares Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vecna Cares Charitable Trust 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: $346,742

For more financial information, click here


Official website here: www.vecnacares.org

What is the mission statement of The Vecna Cares Charitable Trust?

The Vecna Cares Charitable Trust's mission is to enhance health outcomes in underserved areas by providing training and implementing technological solutions. Their primary objective is to bridge the information gap between patients, caregivers, and decision-makers within these health systems. Through their initiatives, they aim to improve the quality of care, particularly in maternal and child health, by implementing digital tools for healthcare workers during labor and delivery. This helps in measuring the content of care during admission, triage, and discharge, ultimately bettering healthcare services in these regions.


Official website here: www.vecnacares.org

Who is the CEO of The Vecna Cares Charitable Trust?

Paul Amendola is the Executive Director of The Vecna Cares Charitable Trust.


Official website here: www.vecnacares.org

What is the revenue of The Vecna Cares Charitable Trust?

The Vecna Cares Charitable Trust's revenue in 2022 was $476,688.


Official website here: www.vecnacares.org

Who are the executives of The Vecna Cares Charitable Trust and what are their salaries?

The average compensation at The Vecna Cares Charitable Trust during 2022 was $69,348. There are 5 employees and 6 volunteers at The Vecna Cares Charitable Trust.


Here are 8 key members and their salaries:


Paul Amendola (Executive Director)
  • Compensation: $127,000
  • Related: $0
  • Other: $0
Priya Ponnappa (Program Director)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Hiep Nguyen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Teich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Firth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maia Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Theobald (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vecnacares.org

Where can I find the form 990 for The Vecna Cares Charitable Trust?

The Vecna Cares Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vecnacares.org

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

Mission Statement of The Vecna Cares Charitable Trust

The Vecna Cares Charitable Trust is dedicated to providing training and technology to bolster and enhance health systems in underserved areas, ultimately leading to improved health outcomes. Their mission involves constructing systems that bridge the information gaps between patients, caregivers, and decision-makers. In simple terms, The Vecna Cares Charitable Trust aims to empower health systems in underprivileged regions by equipping them with necessary knowledge and technology, thereby fostering a more effective and coordinated approach to healthcare.

To achieve this goal, The Vecna Cares Charitable Trust has undertaken a project named MFM - Project iDeliver. This project focuses on improving the quality of maternal-child care by creating and implementing a digital tool for routine use by facility-based healthcare workers during labor and delivery. This tool enables the measurement of the content of care during admission, triage, and discharge for women delivering in a health facility. By utilizing this technology, The Vecna Cares Charitable Trust hopes to significantly enhance the standard of care provided in underserved areas, ensuring better health outcomes for mothers and their children.

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Impact




July, 2024

The Vecna Cares Charitable Trust's impact is profound as it provides training and technology to support and strengthen health systems in underserved areas, ultimately leading to better health outcomes. Through initiatives like the MFM - Project iDeliver, the Trust aims to improve the quality of maternal child care by developing and implementing digital tools for facility-based healthcare workers. By closing information gaps between patients, caregivers, and decision-makers, Vecna Cares is making a significant difference in healthcare delivery, particularly in areas where resources are limited.




This information is meant to be a general summary of The Vecna Cares Charitable Trust. 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
$476,688 (2022)
Expenses
$795,165 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $341,940
  • Gross Receipts: $476,688

Assets and Liabilities:

  • Total Assets: $305,174
  • Total Liabilities: $2,153,612
  • Net Assets: -$1,848,438

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$341,940

Organization Details

Founding Year

2009

Principal Officer

Paul Amendola

Main Address

ONE BURLINGTON WOODS DRIVE STE 201, Burlington, MA, 01803

NTEE Category

Code: T12 - Philanthropy

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