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The Molly Ann Tango Memorial Foundation

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

EIN: 432040949 ✦ Ridgefield, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Molly Ann Tango Memorial Foundation?

The Molly Ann Tango Memorial Foundation is a nonprofit organization, located in Ridgefield, Connecticut. Its primary focus is on supporting families of children with special needs, offering them essential resources and aid. This includes providing valuable information, offering guidance, and supplying necessary transportation, supplies, and equipment to cater to the unique requirements of each situation. The foundation's mission is to enhance the lives of these children by offering medical equipment and services to their families, aiming to make their journeys more manageable.


Official website here: www.mollytango.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Molly Ann Tango Memorial Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's score is a result of a thorough evaluation, with 100% of the rating derived from its financial management practices, showcasing a commitment to transparency and responsible stewardship of funds.

Notable strengths include a fully independent board of directors and no material diversion of assets, which indicates a robust governance structure. The foundation demonstrates effective financial practices, with a ratio of program expenses at 100%, ensuring that funds are utilized primarily for its charitable mission. Additionally, the presence of documented policies on conflicts of interest and record retention further enhances its credibility.

However, the foundation does have a gap in its compliance with best practices, as it lacks a whistleblower policy, which could be a concern for some donors. Despite this limitation, the overall performance of The Molly Ann Tango Memorial Foundation positions it as a trustworthy organization within the nonprofit sector.


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

Is The Molly Ann Tango Memorial Foundation legitimate?

The Molly Ann Tango Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Molly Ann Tango Memorial 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.mollytango.org

What is the mission statement of The Molly Ann Tango Memorial Foundation?

The Molly Ann Tango Memorial Foundation's mission is centered around enhancing the lives of children with special needs. By providing medical equipment and services, the foundation aims to offer support to their families. The organization plays a crucial role in assisting these families by offering information, guidance, transportation, and necessary supplies, tailoring to their unique situations.


Official website here: www.mollytango.org

Who is the CEO of The Molly Ann Tango Memorial Foundation?

Richard Tango is the President of The Molly Ann Tango Memorial Foundation.


Official website here: www.mollytango.org

What is the revenue of The Molly Ann Tango Memorial Foundation?

The Molly Ann Tango Memorial Foundation's revenue in 2022 was $77,097.


Official website here: www.mollytango.org

Who are the executives of The Molly Ann Tango Memorial Foundation and what are their salaries?

There 9 volunteers at The Molly Ann Tango Memorial Foundation.


Here are 10 key members and their salaries:


Catherine Tango-Dykes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Haughney (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Tango (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Scalzo (Secretary)
  • Compensation: $3,220
  • Related: $0
  • Other: $0
James Dykes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Eckstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hardin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Reiff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Mauro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Marro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mollytango.org

Where can I find the form 990 for The Molly Ann Tango Memorial Foundation?

The Molly Ann Tango Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mollytango.org

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

Mission Statement of The Molly Ann Tango Memorial Foundation

The Molly Ann Tango Memorial Foundation, named after a child with special needs, is committed to enhancing the lives of children with similar circumstances. Their mission, in essence, is to extend a helping hand to these families by supplying essential medical equipment and necessary services. The organization serves this purpose by offering valuable information, strategic guidance, and required supplies and equipment tailored to each family's unique situation. The Foundation plays a significant role in supporting these families, contributing to their children's well-being and overall quality of life.

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Impact




August, 2024

The Molly Ann Tango Memorial Foundation enriches the lives of children with special needs by providing essential medical equipment and services to their families. They offer assistance such as information, guidance, transportation, supplies, and equipment tailored to support each child's specific situation. Through their efforts, they make a significant impact on improving the quality of life for these children and their families.




This information is meant to be a general summary of The Molly Ann Tango Memorial 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
$77,097 (2022)
Expenses
$60,087 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42
  • Gross Receipts: $92,783

Assets and Liabilities:

  • Total Assets: $151,918
  • Total Liabilities: $0
  • Net Assets: $151,918

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Organization Details

Founding Year

2004

Principal Officer

Richard Tango

Main Address

PO BOX 15, RIDGEFIELD, CT, 06877

NTEE Category

Code: P20 - Human services

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