Overview
What is Sugar Ray Leonard Foundation?
The Sugar Ray Leonard Foundation is a nonprofit organization situated in Woodland Hills, California. With a single employee, their primary focus is on funding research and providing care for children suffering from both Type 1 and Type 2 diabetes. The organization's mission is to raise awareness about these diseases and promote healthier lifestyles for children through proper diet and exercise. They are committed to making a difference in children's lives by investing in research and offering necessary support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Sugar Ray Leonard Foundation has achieved an 80% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is primarily based on their performance in the Accountability & Finance beacon, highlighting their commitment to transparency and responsible financial practices.
Strengths of the organization include a majority of independent board members, with 71% fulfilling this criterion, and a strong program expense ratio of 81.81%, showing that a significant portion of their funds is directed towards their mission-related activities. Additionally, the foundation has no material diversion of assets and has implemented a conflict of interest policy, further underscoring its dedication to ethical governance.
While the overall rating is positive, it is important for potential donors to consider areas of improvement not detailed in the data. However, the strong governance practices and high program expense ratio suggest that the foundation is effectively managing its resources to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sugar Ray Leonard Foundation legitimate?
Sugar Ray Leonard Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sugar Ray Leonard Foundation 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: $92,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Sugar Ray Leonard Foundation?
The Sugar Ray Leonard Foundation is dedicated to funding research and providing care for pediatric Type 1 and Type 2 diabetes. Their mission is twofold: firstly, to finance studies aimed at advancing our understanding of these diseases; and secondly, to promote awareness about both conditions. By doing so, they strive to improve the lives of affected children, encouraging healthier lifestyles through diet and exercise.
Who is the CEO of Sugar Ray Leonard Foundation?
Ray C Leonard is the President of Sugar Ray Leonard Foundation. The CEO's salary of Sugar Ray Leonard Foundation is $0 and their total compensation is $0.
What is the revenue of Sugar Ray Leonard Foundation?
Sugar Ray Leonard Foundation's revenue in 2022 was $492,790.
Who are the executives of Sugar Ray Leonard Foundation and what are their salaries?
The average compensation at Sugar Ray Leonard Foundation during 2022 was $92,000. There is 1 employee at Sugar Ray Leonard Foundation.
Here are 8 key members and their salaries (Sugar Ray Leonard Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $92,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sugar Ray Leonard Foundation?
Sugar Ray Leonard Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sugar Ray Leonard Foundation
The Sugar Ray Leonard Foundation is dedicated to making a significant impact in the realm of pediatric diabetes. The organization's mission is twofold: firstly, it aims to fund extensive research and provide comprehensive care for children suffering from both Type 1 and Type 2 diabetes. Secondly, the foundation works tirelessly to raise awareness about these conditions, with a strong belief that education and understanding are crucial in helping children lead healthier lives. The foundation's approach to addressing diabetes is multifaceted, incorporating dietary changes and regular exercise as key components. By fostering a holistic approach, the Sugar Ray Leonard Foundation strives to empower children with diabetes, enabling them to manage their condition effectively and live fulfilling lives.
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Impact
July, 2024
The Sugar Ray Leonard Foundation's impact is significant in funding research and care for pediatric diabetes. The organization is dedicated to supporting both Type 1 and Type 2 diabetes in children, aiming to raise awareness about these diseases and help children lead healthier lives through proper diet and exercise. Through its efforts, the foundation contributes to advancing medical research in the field of pediatric diabetes and providing essential support for affected children and their families.
This information is meant to be a general summary of Sugar Ray Leonard Foundation. 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 2022.
- Gross Receipts: $840,494
Assets and Liabilities:
- Total Assets: $172,114
- Total Liabilities: $2,412
- Net Assets: $169,702
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Organization Details
Founding Year
2008
Phone
(310) 230-6060Principal Officer
Ray C Leonard
Main Address
21731 VENTURA BLVD 300, WOODLAND HILLS, CA, 91364
NTEE Category
Code: H12 - Medical research
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