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Hugs For Brady Foundation

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

EIN: 273921673 ✦ Kendall park, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hugs For Brady Foundation?

The Hugs For Brady Foundation, located at 4 Quentin Road, Kendall Park, New Jersey 08824, is a dedicated nonprofit organization that provides special assistance to families and hospitals battling childhood cancer. Their mission is to eradicate pediatric cancer, and they aim to accomplish this by raising awareness and funds. The foundation supports families affected by childhood cancer, invests in research, and addresses various care issues associated with the disease. By offering financial aid and resources, they aim to alleviate some of the challenges faced by these families during their difficult journey.


Official website here: www.hugsforbrady.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, Two-Star out of Four Star rating

The Hugs For Brady Foundation has received a two-star rating from Charity Navigator, indicating some concerns regarding its financial management and program efficiency. While the organization demonstrates strong governance with an independent board and well-documented policies, its program expense ratio is relatively low at 52.49%, and the liabilities to assets ratio is concerning at 73.63%. This suggests that a significant portion of its revenue is not being directed toward its programs.

Despite the financial critiques, user feedback highlights the foundation's dedication to supporting children battling cancer. Reviewers consistently commend the passionate and energetic staff and volunteers who work tirelessly to provide aid and raise awareness about pediatric cancer. The foundation is noted for organizing impactful events and innovative initiatives like the "Brady Buggy Wagons," which improve the hospital experiences of young patients.

Overall, while the Hugs For Brady Foundation has areas needing improvement, particularly in financial efficiency, the community response underscores its positive impact and commitment to its mission. Many reviews reflect gratitude for the support provided to children and families facing cancer, indicating the foundation's significance in the local community and its potential for growth in its outreach and effectiveness.


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

Is Hugs For Brady Foundation legitimate?

Hugs For Brady Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hugs For Brady 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hugsforbrady.org

What is the mission statement of Hugs For Brady Foundation?

The Hugs For Brady Foundation is committed to eradicating pediatric cancer. They strive relentlessly, refusing to rest until childhood cancers of all types become a forgotten nightmare. This mission is achieved by raising funds to support families, research, and care-related issues associated with childhood cancer. Additionally, the foundation provides special assistance to families and hospitals battling this disease.


Official website here: www.hugsforbrady.org

What is the revenue of Hugs For Brady Foundation?

Hugs For Brady Foundation's revenue in 2023 was $169,555.


Official website here: www.hugsforbrady.org

Who are the executives of Hugs For Brady Foundation and what are their salaries?

There 125 volunteers at Hugs For Brady Foundation.

Here are 6 key members and their salaries:


Sherrie Wells (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wells (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Brockman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Baron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Mandelbaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hugsforbrady.org

Where can I find the form 990 for Hugs For Brady Foundation?

Hugs For Brady Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hugsforbrady.org

Learn more at the official website: www.hugsforbrady.org

Mission Statement of Hugs For Brady Foundation

Hugs For Brady Foundation is committed to eradicating pediatric cancer. This nonprofit organization does not rest until childhood cancers of all types are a forgotten nightmare. To achieve this mission, Hugs For Brady Foundation raises funds to support families, research, and care issues related to childhood cancer. This support extends beyond financial aid, as the foundation also provides special assistance to hospitals and families battling this devastating disease. By focusing on these various aspects, Hugs For Brady Foundation aims to make a significant impact in the fight against pediatric cancer.

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Impact




October, 2024

Hugs For Brady Foundation creates a significant impact by raising awareness and funds specifically dedicated to childhood cancer. The foundation focuses on providing special assistance to families and hospitals that are grappling with the challenges posed by pediatric cancer. With an unwavering mission to eradicate all types of childhood cancers, Hugs For Brady strives to ensure that these devastating diseases become a forgotten nightmare.

Through its initiatives, the foundation not only supports research efforts but also addresses the immediate care needs of affected families. By mobilizing community resources and fostering a deeper understanding of childhood cancer issues, Hugs For Brady plays a crucial role in enhancing the lives of children battling these illnesses and their families. Its relentless commitment to advocacy and support underscores the importance of collaboration in fighting pediatric cancer and improving outcomes for young patients.




This information is meant to be a general summary of Hugs For Brady 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.

Revenue
$169,555 (2023)
Expenses
$148,103 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $166
  • Gross Receipts: $169,555

Assets and Liabilities:

  • Total Assets: $216,642
  • Total Liabilities: $172,590
  • Net Assets: $44,052

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Organization Details

Founding Year

2010

Principal Officer

Sherrie Wells

NTEE Category

Code: G19 - Disease

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