Overview
What is Optimus Foundation Inc?
Optimus Foundation Inc, located in Bridgeport, Connecticut, is a nonprofit organization devoted to raising funds to support Optimus Health Care, Inc. Their primary objective is to provide affordable and top-notch healthcare, with a specific focus on programs that promote the health and social well-being of women, infants, and children. The foundation's mission aligns with this, aiming to assist Optimus Health Care, Inc. in delivering these essential services.
Official website here: www.optimushealthcare.org/opthc/dona
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Optimus Foundation Inc has received a two-star rating with an overall score of 61%. This rating indicates that while the organization demonstrates some accountability and financial stability, there are significant areas that require improvement, particularly in governance practices.
One of the strengths highlighted is the foundation's independent board membership, which scores a perfect 10 out of 10, and their commitment to not diverting assets improperly. Moreover, they maintain a strong program expense ratio, ensuring that a significant portion of their funds is directed toward their programs. However, the organization falls short in critical governance areas such as lacking a conflict of interest policy, whistleblower policy, and document retention procedures, all scoring zero in these categories.
Additionally, the rating reflects issues with transparency, as the nonprofit does not have its tax forms posted on its website, which is a crucial expectation for accountability. The liabilities to assets ratio also received a score of zero, indicating potential financial concerns that need to be addressed. Overall, while the Optimus Foundation Inc shows promise in some areas, serious governance and transparency improvements are necessary for a stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Optimus Foundation Inc legitimate?
Optimus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Optimus 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
Official website here: www.optimushealthcare.org/opthc/dona
What is the mission statement of Optimus Foundation Inc?
The Optimus Foundation's mission is centered around supporting Optimus Health Care, Inc. in providing affordable and high-quality healthcare, with a special focus on programs that enhance the health and social well-being of women, infants, and children. The foundation's primary role is to raise funds to facilitate these initiatives. By doing so, it aims to contribute significantly to the improvement of healthcare services, particularly for vulnerable groups.
Official website here: www.optimushealthcare.org/opthc/dona
Who is the CEO of Optimus Foundation Inc?
Elizabeth Rivera Rodriguez is the Chief Operating Officer of Optimus Foundation Inc. The CEO's salary of Optimus Foundation Inc is $0 and their total compensation is $289,978.
Official website here: www.optimushealthcare.org/opthc/dona
What is the revenue of Optimus Foundation Inc?
Optimus Foundation Inc's revenue in 2022 was $45,352.
Official website here: www.optimushealthcare.org/opthc/dona
Who are the executives of Optimus Foundation Inc and what are their salaries?
Here are 12 key members and their salaries (Optimus Foundation Inc's CEO's salary is $0 and their total compensation is $289,978):
- Compensation: $0
- Related: $289,978
- Other: $0
- Compensation: $0
- Related: $194,173
- Other: $0
- Compensation: $0
- Related: $173,017
- Other: $0
- Compensation: $0
- Related: $120,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.optimushealthcare.org/opthc/dona
Where can I find the form 990 for Optimus Foundation Inc?
Optimus Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.optimushealthcare.org/opthc/dona
Learn more at the official website: www.optimushealthcare.org/opthc/dona
Mission Statement of Optimus Foundation Inc
Optimus Foundation Inc dedicates its mission to supporting Optimus Health Care, Inc., with a primary focus on providing affordable and high-quality healthcare services. The organization particularly prioritizes programs that enhance the health and social welfare of women, infants, and children. By raising funds, Optimus Foundation Inc plays a vital role in enabling Optimus Health Care, Inc. to deliver its healthcare offerings effectively, ensuring they cater to the specific needs of their target demographic. This commitment to affordable and quality healthcare for women, infants, and children is at the heart of Optimus Foundation Inc's mission.
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Impact
August, 2024
Optimus Foundation Inc has a significant impact on providing affordable and quality healthcare, particularly focusing on the health and social welfare of women, infants, and children. The organization raises funds to support Optimus Health Care, Inc in carrying out their essential programs. This support plays a vital role in ensuring that vulnerable populations have access to the healthcare services they need.
This information is meant to be a general summary of Optimus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $91,487
Assets and Liabilities:
- Total Assets: $74,345
- Total Liabilities: $74,345
- Net Assets: $0
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Organization Details
Founding Year
2011
Principal Officer
Elizabeth Rivera Rodriguez
Main Address
982 EAST MAIN STREET, BRIDGEPORT, CT, 06608
NTEE Category
Code: T11 - Philanthropy
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