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The Derek Sheely Foundation Inc

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

EIN: 453553641 ✦ State college, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Derek Sheely Foundation Inc?

The Derek Sheely Foundation Inc, a nonprofit organization based in State College, Pennsylvania, focuses on increasing awareness and advocating for research related to traumatic brain injuries, particularly in the context of youth sports. They achieve this goal by distributing concussion awareness kits to athletes and their families, educating them about the signs, symptoms, dangers, and prevention methods associated with such injuries. In 2022, approximately 25 of these kits were distributed. Their mission encompasses advancing education, prevention, and treatment of traumatic brain injuries, thereby contributing to the overall wellbeing of young athletes.


Official website here: www.thedereksheelyfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.

The Derek Sheely Foundation Inc has received a low score of 36%, indicating significant concerns regarding its accountability and financial management. While the organization benefits from a fully independent board and shows no material diversion of assets, it falls short in critical areas, such as the absence of key policies related to conflict of interest and whistleblower protections.

Additionally, the foundation's program expense ratio is notably low at 44.94%, raising questions about the effectiveness of its resource allocation towards its mission. The lack of transparency is further highlighted by the missing tax forms on its website. These factors combined contribute to the overall low rating and suggest that potential donors should thoroughly consider these aspects before supporting the organization.


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

Is The Derek Sheely Foundation Inc legitimate?

The Derek Sheely Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Derek Sheely 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.thedereksheelyfoundation.org

What is the mission statement of The Derek Sheely Foundation Inc?

The Derek Sheely Foundation Inc's mission is centered around increasing awareness and conducting research on traumatic brain injuries, particularly with a focus on youth sports. Their goal is to advance education, prevention, and treatment methods related to these injuries. As part of their mission, they distribute concussion awareness kits to athletes and their families, educating them on the signs, symptoms, dangers, and prevention methods of traumatic brain injuries. In 2022, approximately 25 of these kits were distributed.


Official website here: www.thedereksheelyfoundation.org

Who is the CEO of The Derek Sheely Foundation Inc?

Kristen Sheely is the President of The Derek Sheely Foundation Inc.


Official website here: www.thedereksheelyfoundation.org

What is the revenue of The Derek Sheely Foundation Inc?

The Derek Sheely Foundation Inc's revenue in 2022 was $30,085.


Official website here: www.thedereksheelyfoundation.org

Who are the executives of The Derek Sheely Foundation Inc and what are their salaries?

There 4 volunteers at The Derek Sheely Foundation Inc.


Here are 4 key members and their salaries:


Keyton Sheely (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen P Kadner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Haase (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Sheely (Executive Director/Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thedereksheelyfoundation.org

Where can I find the form 990 for The Derek Sheely Foundation Inc?

The Derek Sheely Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thedereksheelyfoundation.org

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

Mission Statement of The Derek Sheely Foundation Inc

The Derek Sheely Foundation Inc is dedicated to increasing awareness and conducting research on traumatic brain injuries, with a particular focus on youth sports. Their mission is to advocate for advancements in education, prevention, and treatment of traumatic brain injuries, recognizing the significant impact such injuries can have on young athletes. To accomplish this, the foundation distributes Concussion Awareness Kits to athletes and their families, educating them about the signs, symptoms, dangers, and prevention methods associated with traumatic brain injuries. In 2022, approximately 25 of these educational kits were distributed, demonstrating the foundation's commitment to promoting safety and well-being in youth sports.

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Impact




August, 2024

The Derek Sheely Foundation Inc works tirelessly to increase awareness and research of traumatic brain injuries, with a specific focus on youth sports. By providing concussion awareness kits to athletes and their families, the foundation educates them on the signs, symptoms, dangers, and prevention of traumatic brain injuries. In 2022 alone, approximately 25 kits were distributed, making a direct impact on the safety and well-being of young athletes. This proactive approach to education and prevention is crucial in safeguarding the health of youth engaged in sports.




This information is meant to be a general summary of The Derek Sheely 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.

Revenue
$30,085 (2022)
Expenses
$2,324 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,064
  • Gross Receipts: $30,085

Assets and Liabilities:

  • Total Assets: $601,690
  • Total Liabilities: $0
  • Net Assets: $601,690

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Organization Details

Founding Year

2011

Principal Officer

Kristen Sheely

Main Address

753 N ALLEN STREET, STATE COLLEGE, PA, 16803

NTEE Category

Code: G48 - Disease

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