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Friends Of

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

EIN: 274575997 ✦ Strongsville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of?

Friends of DBA is a nonprofit organization situated in Strongville, Ohio, with a single employee. Their primary mission is to generate funds for research aimed at finding a cure for Diamond Blackfan Anemia (DBA). To achieve this goal, they engage in public awareness campaigns, support research efforts, and conduct fundraising activities. In 2021, they successfully donated $35,000 to the DBA Foundation through their initiatives. Friends of DBA serves as a devoted advocate for the eradication or control of this disease, striving to make a significant impact on those affected by DBA.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 27%, Zero-Star out of Four Star rating.

Friends Of Dba has received a low rating of 27%, which indicates significant concerns regarding its accountability and financial practices. While the organization has a fully independent board, scoring full points in that aspect, it lacks essential financial transparency. The absence of financial statements and a missing website listed on its tax form suggest potential issues with accessibility and clarity for donors.

The charity also shows weaknesses in essential governance policies, including conflict of interest and whistleblower policies, both of which are critical for ensuring ethical operations. The program expense ratio is notably low at 11.83%, which raises questions about how effectively funds are being utilized to achieve the organization's mission. Without the necessary documentation and transparency, potential donors may find it challenging to feel confident in contributing to this nonprofit.


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

Is Friends Of legitimate?

Friends Of is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of 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: $16,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,500

For more financial information, click here

What is the mission statement of Friends Of?

Friends of DBA is an organization dedicated to raising awareness, supporting research, and fundraising efforts towards eradicating or controlling Diamond Blackfan Anemia. Their mission is to create and maintain an organization that is actively engaged in these activities. The primary goal is to contribute financially towards finding a cure for Diamond Blackfan Anemia. In 2021, Friends of DBA managed to donate 35,000 dollars to the DBA Foundation through their fundraising initiatives.

What is the revenue of Friends Of?

Friends Of's revenue in 2023 was $586,832.

Who are the executives of Friends Of and what are their salaries?

The average compensation at Friends Of during 2023 was $22,000. There is 1 employee at Friends Of.

Here are 5 key members and their salaries:


Mike Beres (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Colagiovanni (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Mancuso (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherie Skladany (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Smith (Media Market)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of?

Friends Of's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of

Friends of DBA, as an organization, is dedicated to raising public awareness and supporting research efforts aimed at eradicating or controlling Diamond Blackfan Anemia (DBA). Their mission is to create and maintain a platform that focuses on fundraising activities, with the ultimate goal of eliminating or managing this rare and often severe blood disorder. By engaging in various fundraising initiatives, Friends of DBA has contributed significantly to the DBA Foundation, donating a substantial sum of 35,000 dollars towards research for a potential cure in 2021. This nonprofit organization's relentless commitment and efforts in fundraising contribute to the ongoing quest for a cure, providing hope and support to individuals and families affected by DBA.

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Impact




October, 2024

Friends Of has significantly impacted the fight against Diamond Blackfan Anemia (DBA) by raising public awareness and generating vital funds for research. In 2021 alone, the organization successfully donated $35,000 to the DBA Foundation, bolstering efforts aimed at finding a cure for this rare blood disorder. Their commitment to supporting research initiatives and fundraising activities plays a crucial role in advancing our understanding of DBA and improving the outcomes for those affected by the disease. By fostering community engagement and advocating for increased awareness, Friends Of is helping to illuminate the challenges faced by individuals dealing with Diamond Blackfan Anemia, ultimately driving progress toward effective treatment and potential eradication of the condition.




This information is meant to be a general summary of Friends Of. 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
$586,832 (2023)
Expenses
$637,689 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $7,568
  • Gross Receipts: $932,316

Assets and Liabilities:

  • Total Assets: $476,904
  • Total Liabilities: $19,429
  • Net Assets: $457,475

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Organization Details

Founding Year

2010

Principal Officer

Carol Mancuso

NTEE Category

Code: G12 - Disease

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