Overview
What is Achroma Corporation?
Achroma Corporation is a nonprofit organization, specifically located at 250 Vogel Road, Butler, Pennsylvania 16002. Their primary mission revolves around fundraising for research aimed at treating and curing Achromatopsis, a condition that affects vision. By accomplishing these objectives, they aim to significantly improve the lives of those suffering from the disease. Furthermore, Achroma Corporation also works towards raising public awareness about Achromatopsis, thus contributing to a broader understanding and support for those affected.
Official website here: www.achromacorp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)
Achroma Corporation has received a rating indicating that it needs improvement, scoring 66% overall. The organization demonstrates strengths in areas such as having a majority independent board members and a favorable liabilities to assets ratio, which suggests financial stability. Additionally, it maintains a good program expense ratio, indicating that a significant portion of its resources are allocated toward its programs.
However, the organization faces notable weaknesses, particularly in governance and transparency. It scored poorly on several key accountability metrics, including a lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policies. Additionally, the independent board size received no points, indicating potential concerns about governance practices.
Overall, while Achroma Corporation shows some positive financial indicators, its governance practices need significant improvement to enhance accountability and transparency. Addressing these issues may foster greater trust and support from stakeholders and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Achroma Corporation legitimate?
Achroma Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achroma Corporation 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.achromacorp.org
What is the mission statement of Achroma Corporation?
Achroma Corporation's mission is centered around raising funds for research aimed at treating and ultimately curing achromatopsia. This condition affects many individuals, and the corporation's goal is to significantly improve their lives. Additionally, Achroma Corporation works towards increasing public awareness about achromatopsia, striving to educate and enlighten society about this visual disorder.
Official website here: www.achromacorp.org
What is the revenue of Achroma Corporation?
Achroma Corporation's revenue in 2023 was $62,081.
Official website here: www.achromacorp.org
Who are the executives of Achroma Corporation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.achromacorp.org
Where can I find the form 990 for Achroma Corporation?
Achroma Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.achromacorp.org
Learn more at the official website: www.achromacorp.org
Mission Statement of Achroma Corporation
Achroma Corporation, a notable organization, is focused on raising funds for research aimed at treating and curing Achromatopsia. This mission is driven by a deep-seated desire to improve the lives of individuals affected by this disease. Beyond research, Achroma Corporation also strives to raise public awareness about Achromatopsia, a condition that can significantly impact an individual's vision. By accomplishing these goals, the organization aims to make a positive difference in the lives of those affected by Achromatopsia.
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Impact
August, 2024
Achroma Corporation's impact lies in its dedicated efforts to raise funds for research aimed at treating and curing Achromatopsia, a rare genetic vision disorder. By focusing on improving the lives of individuals affected by this disease, the organization plays a crucial role in advancing scientific understanding and potential treatments. Additionally, Achroma Corporation works towards raising public awareness about Achromatopsia, ultimately promoting greater understanding and support for those living with the condition.
This information is meant to be a general summary of Achroma Corporation. 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 2023.
- Investment Income: $1,139
- Gross Receipts: $62,081
Assets and Liabilities:
- Total Assets: $104,668
- Total Liabilities: $0
- Net Assets: $104,668
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Organization Details
Founding Year
2012
Principal Officer
Bridget Vissari
Website
www.achromacorp.orgNTEE Category
Code: G40 - Disease
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