Overview
What is Gene Spotlight Inc?
Gene Spotlight Inc, situated in Miami Beach, Florida, is a nonprofit organization committed to providing monetary grants for research, treatment, and the pursuit of a cure for rare genetic diseases. Their mission extends beyond financial support, as they also engage in awareness campaigns to educate the general public on these conditions. Based at 801 Arthur Godfrey Road, Suite 401, Gene Spotlight Inc aims to foster advancements in the understanding and treatment of these rare diseases, thereby improving the lives of those affected.
Official website here: www.genespotlight.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Gene Spotlight Inc has received an 83% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a fully independent board with 100% of its members meeting this criterion. Their financial management is commendable, with a low liabilities to assets ratio of 0.38% and a program expense ratio of 86.87%, signifying that a significant portion of their expenditures is directed toward their programs.
The charity has demonstrated good practices in areas such as conflict of interest policies and transparency, with their tax documentation and meeting minutes being properly managed. However, they have notable gaps in their governance policies, specifically the absence of a whistleblower policy and a document retention policy, which has affected their overall score in these categories.
While Gene Spotlight Inc shows a robust commitment to its mission and financial integrity, addressing the missing elements in governance policies could further enhance their accountability and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Gene Spotlight Inc legitimate?
Gene Spotlight Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gene Spotlight 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: $38,077
For more financial information, click here
Official website here: www.genespotlight.org
What is the mission statement of Gene Spotlight Inc?
Gene Spotlight Inc is committed to funding and supporting research and awareness efforts for rare genetic diseases. Their mission is to provide monetary grants for research, treatment, and potential cures of these conditions. Furthermore, they conduct awareness campaigns to educate the general public about the treatment and potential cures for these rare diseases. By doing so, Gene Spotlight Inc aims to contribute significantly to the advancement of understanding and treatment options for these underrepresented health issues.
Official website here: www.genespotlight.org
Who is the CEO of Gene Spotlight Inc?
Dennis Brady is the President of Gene Spotlight Inc.
Official website here: www.genespotlight.org
What is the revenue of Gene Spotlight Inc?
Gene Spotlight Inc's revenue in 2022 was $475,304.
Official website here: www.genespotlight.org
Who are the executives of Gene Spotlight Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.genespotlight.org
Where can I find the form 990 for Gene Spotlight Inc?
Gene Spotlight Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genespotlight.org
Learn more at the official website: www.genespotlight.org
Mission Statement of Gene Spotlight Inc
Gene Spotlight Inc, a dedicated nonprofit organization, is committed to providing funding and support for the research and awareness of rare genetic diseases. This mission is twofold, involving both financial assistance and public education. The organization offers monetary grants to support the research, treatment, and potential cure of these rare genetic diseases. In addition to this financial aid, Gene Spotlight Inc conducts awareness campaigns to educate the general public on issues related to the treatment and potential cure of these uncommon diseases. By doing so, the organization aims to foster a greater understanding and support for those affected by these rare genetic conditions.
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Impact
July, 2024
Gene Spotlight Inc's impact is significant in the field of rare genetic diseases research and awareness. By providing funding and support for research, treatment, and potential cures for these diseases, Gene Spotlight Inc is directly contributing to the advancement of medical science and improving the lives of individuals affected by such conditions. Additionally, their awareness campaigns aimed at informing the general public about rare genetic diseases are crucial in promoting understanding and compassion for those facing these challenges. Through their philanthropic endeavors, Gene Spotlight Inc is making a tangible difference in the fight against rare genetic diseases.
This information is meant to be a general summary of Gene Spotlight 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,134
- Gross Receipts: $475,304
Assets and Liabilities:
- Total Assets: $2,517,330
- Total Liabilities: $10,490
- Net Assets: $2,506,840
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Organization Details
Founding Year
2010
Phone
(305) 498-2937Principal Officer
Dennis Brady
Main Address
801 AURTHUR GODFREY RD STE 401, MIAMI BEACH, FL, 33140
Website
www.genespotlight.orgNTEE Category
Code: T30 - Philanthropy
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