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Morgan Pressel 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: 272854677 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Morgan Pressel Foundation Inc?

The Morgan Pressel Foundation Inc, situated in Boca Raton, Florida, is a dedicated nonprofit organization. Its primary mission is to promote charitable, scientific, and educational pursuits, with a particular focus on medical research and fundraising related to cancer. Through its fundraising efforts and distribution activities, the foundation aims to contribute positively to these areas, fostering advancements in the field.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Morgan Pressel Foundation Inc has received a commendable score of 82%, reflecting strong accountability and financial practices. This rating is derived entirely from its robust performance in the Accountability & Finance category, indicating that the organization demonstrates a high level of transparency and fiscal responsibility in its operations.

Key strengths of the foundation include its fully independent board, with 85% of members being independent and a solid structure that promotes effective governance. The organization has also maintained a commendable program expense ratio of 75.29%, signifying that a significant portion of its expenditures directly supports its mission.

While there are no noted limitations in the data provided, the foundation's solid performance in accountability metrics positions it well for continued trust from donors and stakeholders. Overall, the Morgan Pressel Foundation is a reliable charity focused on its philanthropic goals with strong organizational practices.


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

Is Morgan Pressel Foundation Inc legitimate?

Morgan Pressel Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Pressel 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

What is the mission statement of Morgan Pressel Foundation Inc?

The Morgan Pressel Foundation's mission, as stated, is focused on serving charitable, scientific, and educational purposes. They accomplish this through their efforts in medical research fundraising and distribution. The foundation primarily concentrates on supporting initiatives related to cancer.

Who is the CEO of Morgan Pressel Foundation Inc?

Morgan Pressel is the President of Morgan Pressel Foundation Inc.

What is the revenue of Morgan Pressel Foundation Inc?

Morgan Pressel Foundation Inc's revenue in 2023 was $980,471.

Who are the executives of Morgan Pressel Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Morgan Pressel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Renee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty I Weisfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billi Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madison Pressel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tranese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Clivio (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morgan Pressel Foundation Inc?

Morgan Pressel Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Morgan Pressel Foundation Inc

The Morgan Pressel Foundation, a nonprofit organization, is dedicated to serving charitable, scientific, and educational purposes. Its primary mission is to support these causes through its medical research fundraising and distribution activities. Specifically, the foundation focuses on cancer-related initiatives, aiming to make a significant impact in this field. By engaging in charitable, scientific, and educational endeavors, the Morgan Pressel Foundation seeks to contribute to the betterment of society and improve lives in various ways.

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Impact




October, 2024

The Morgan Pressel Foundation Inc significantly impacts cancer research and education by actively fundraising for medical research initiatives. Based in Boca Raton, FL, the foundation focuses on addressing critical issues related to cancer through financial support and resource distribution. By prioritizing charitable, scientific, and educational purposes, the foundation enhances awareness, drives research efforts, and fosters advancements in the fight against cancer. Through its targeted programs, it plays a vital role in promoting innovative solutions and disseminating knowledge that can improve patient outcomes and contribute to the broader understanding of cancer treatment and prevention.




This information is meant to be a general summary of Morgan Pressel 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
$980,471 (2023)
Expenses
$914,234 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,717
  • Gross Receipts: $980,471

Assets and Liabilities:

  • Total Assets: $887,334
  • Total Liabilities: $0
  • Net Assets: $887,334

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Organization Details

Founding Year

2010

Principal Officer

Morgan Pressel

Main Address

7933 Yorkshire Ct, Boca Raton, FL, 33496

NTEE Category

Code: H12 - Medical research

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