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Little Man Foundation Incorporated

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

EIN: 270537307 ✦ Macon, NC ✦ Designated as a 501(c)(3)

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Overview

What is Little Man Foundation Incorporated?

Little Man Foundation Incorporated is a nonprofit organization, situated in Macon, North Carolina. Their main focus lies in supporting Duke University Children's Hospital and Nash Autism, with a specific mission to advance studies and treatments for Spinal Muscular Atrophy (SMA). The foundation's primary activity involves providing resources and assistance to further the research and treatment of this condition. They are dedicated to contributing positively to the medical field and supporting families affected by SMA.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Little Man Foundation Incorporated received a low score of 53%, primarily due to accountability and finance concerns. The organization has no independent board members, which can raise questions about governance and oversight. Although there has been no material diversion of assets, other key governance policies are missing, such as conflict of interest and whistleblower policies.

Strengths for the Little Man Foundation include a high program expense ratio of 94.25%, indicating that a significant portion of its expenditures are directed towards its mission-related activities. However, the absence of essential policies and independent oversight detracts from its overall accountability. Additionally, the organization's website was not listed on its tax form, and essential documents like the board meeting minutes appear to be lacking transparency.

Overall, while the Little Man Foundation demonstrates a commitment to its programs, improvements in governance and financial transparency are critical for building trust and ensuring long-term sustainability.


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

Is Little Man Foundation Incorporated legitimate?

Little Man Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Man Foundation Incorporated 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

What is the mission statement of Little Man Foundation Incorporated?

Little Man Foundation Incorporated is dedicated to supporting the study and treatment of Spinal Muscular Atrophy (SMA). Their mission involves providing resources and aid to institutions such as Duke University Children's Hospital, with the aim of contributing to advancements in this field. The foundation's activities also extend to collaborations with Nash Autism, although the specifics of this partnership are not explicitly mentioned in the provided information.

Who is the CEO of Little Man Foundation Incorporated?

Joanne Reese is the President of Little Man Foundation Incorporated.

What is the revenue of Little Man Foundation Incorporated?

Little Man Foundation Incorporated's revenue in 2022 was $18,688.

Who are the executives of Little Man Foundation Incorporated and what are their salaries?


Here are 4 key members and their salaries:


Joanne Reese (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaine Reese (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Ross (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Roberson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Little Man Foundation Incorporated?

Little Man Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Little Man Foundation Incorporated

Little Man Foundation Incorporated is dedicated to supporting the study and treatment of Spinal Muscular Atrophy (SMA). This nonprofit organization's mission is to contribute to the advancement of medical knowledge and the development of effective therapies for individuals affected by SMA. By providing support to Duke University Children's Hospital, Little Man Foundation Incorporated is directly involved in fostering research and clinical care for children living with this condition. Additionally, the organization's partnership with Nash Autism indicates a broader commitment to supporting children with various neurological conditions. In essence, Little Man Foundation Incorporated plays a crucial role in driving progress towards better understanding and addressing Spinal Muscular Atrophy, ultimately aiming to improve the lives of those affected by this debilitating disease.

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Impact




August, 2024

Little Man Foundation Incorporated's impact is significant in providing support for the study and treatment of Spinal Muscular Atrophy. Through its dedication to this cause, the organization has positively impacted the lives of individuals affected by this disease by funding research, raising awareness, and supporting medical institutions like Duke University Children's Hospital. By focusing on Spinal Muscular Atrophy, Little Man Foundation Incorporated is contributing to advancements in medical knowledge and improving the quality of life for those affected by this condition.




This information is meant to be a general summary of Little Man Foundation Incorporated. 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
$18,688 (2022)
Expenses
$18,900 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Gross Receipts: $20,188

Assets and Liabilities:

  • Total Assets: $43,649
  • Total Liabilities: $0
  • Net Assets: $43,649

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Organization Details

Founding Year

2009

Principal Officer

Joanne Reese

Main Address

PO BOX 1, MACON, NC, 27551

NTEE Category

Code: G30 - Disease

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