Overview
What is The Ferrari Kid?
The Ferrari Kid is a compassionate nonprofit organization situated in San Antonio, Texas. Its primary mission is to uplift children battling cancer and other illnesses by granting them a momentary respite from their hardships. By bestowing upon them a "celebrity" experience, the organization strives to provide an unforgettable day filled with excitement and joy. In 2022, The Ferrari Kid organized 14 programs, offering additional experiences like NFL and NBA camps. Moreover, they extended an invitation to a child and their parent to attend every Spurs home game. The nonprofit's team consists of a single dedicated individual, committing their efforts to bring happiness and relief to those in need.
Official website here: www.theferrarikid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Ferrari Kid has achieved an impressive 97% score on Charity Navigator, demonstrating exceptional standards in accountability and finance. The organization's strong performance is highlighted by a fully independent board, with 90% of members being independent, ensuring a commitment to transparency and responsible governance. The charity has successfully implemented several governance policies, all of which contributed positively to its rating.
Financially, The Ferrari Kid shows a commendable program expense ratio of 84.32%, indicating that a significant majority of its funds are directed towards fulfilling its mission rather than administrative costs. Additionally, the organization maintains a low liabilities-to-assets ratio of 26.96%, which reflects a solid financial foundation and sustainability.
Overall, The Ferrari Kid exemplifies strong organizational health and ethical management practices, making it a trustworthy option for potential donors. There are no noted limitations in the provided data, reinforcing its positive standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Ferrari Kid?
100% of 46 reviewers on Facebook recommend The Ferrari Kid. Here is a summary of their reviews: The overall sentiment towards this nonprofit is overwhelmingly positive. Many users express gratitude for the joy and inspiration that it brings to children dealing with illness.
Reviewers highlight the impact of the experiences provided, noting that they serve as a much-needed break for the children during challenging times. The nonprofit is frequently praised for its compassionate approach and ability to create memorable moments for the young participants.
Overall, the feedback showcases a deep appreciation for the services offered by The Ferrari Kid, with many emphasizing its role in uplifting the spirits of children facing difficult health battles.
This AI summary has been generated from reviews found on Facebook.
Is The Ferrari Kid legitimate?
The Ferrari Kid is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ferrari Kid 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: $66,987
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theferrarikid.org
What is the mission statement of The Ferrari Kid?
The mission of The Ferrari Kid is to provide a celebrity experience for children battling cancer and other illnesses. This organization aims to offer a break from their struggles by making them feel like celebrities for a day. The Ferrari Kid organized 14 programs in 2022, including NFL and NBA camps, and even sent a child and parent to every Spurs home game. Their mission is to provide superstar treatment and a chance for these children to forget about their hardships, helping a total of 235 children in 2022.
Official website here: www.theferrarikid.org
Who is the CEO of The Ferrari Kid?
Manuel A Diotte is the Ceo/Executive Director of The Ferrari Kid. The CEO's salary of The Ferrari Kid is $66,000 and their total compensation is $66,987.
Official website here: www.theferrarikid.org
What is the revenue of The Ferrari Kid?
The Ferrari Kid's revenue in 2022 was $200,653.
Official website here: www.theferrarikid.org
Who are the executives of The Ferrari Kid and what are their salaries?
The average compensation at The Ferrari Kid during 2022 was $66,987. There is 1 employee and 85 volunteers at The Ferrari Kid.
Here are 11 key members and their salaries (The Ferrari Kid's CEO's salary is $66,000 and their total compensation is $66,987):
- Compensation: $66,000
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- Other: $987
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.theferrarikid.org
Where can I find the form 990 for The Ferrari Kid?
The Ferrari Kid's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theferrarikid.org
Learn more at the official website: www.theferrarikid.org
Mission Statement of The Ferrari Kid
The Ferrari Kid is an organization dedicated to providing a unique experience for children battling cancer and other illnesses. Their mission is to offer these children a much-needed break from their struggles by making them feel like celebrities for a day. This is achieved through various programs where the children are picked up in a Ferrari and treated to a red carpet event in their honor. The organization aims to help these children forget about their hardships and enjoy a day filled with superstar treatment.
In 2022, The Ferrari Kid organized 14 programs and offered additional experiences such as NFL and NBA camps. They even went the extra mile by sending a child and their parent to every Spurs home game. Through these initiatives, The Ferrari Kid managed to assist 235 children in 2022, providing them with a chance to temporarily leave their illnesses behind and enjoy a day of celebration.
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Impact
October, 2024
The Ferrari Kid creates unforgettable experiences for children coping with cancer and other serious illnesses, offering them a momentary escape from their challenges. By transforming them into "celebrities" for a day, these children receive a hero's welcome, complete with a Ferrari ride and a red carpet event that celebrates their strength and resilience.
In 2022 alone, The Ferrari Kid organized 14 distinctive programs, including specialized NFL and NBA camps, allowing young people to engage in activities that inspire and uplift them. The initiative supported 235 children, providing each of them and their families with magical moments that alleviate the daily stresses associated with illness.
The impact of The Ferrari Kid extends beyond just the day of the event. It fosters a sense of community and hope, allowing children to bond over shared experiences while simultaneously providing their families with cherished memories during a difficult time. Through such heartfelt initiatives, The Ferrari Kid not only brings joy but also instills confidence and a sense of normalcy in the lives of young fighters.
This information is meant to be a general summary of The Ferrari Kid. 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 2022.
- Gross Receipts: $296,618
Assets and Liabilities:
- Total Assets: $120,523
- Total Liabilities: $32,500
- Net Assets: $88,023
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Organization Details
Founding Year
2012
Phone
(210) 887-7285Principal Officer
Manuel A Diotte
Main Address
140 HEIMER SUITE 500, SAN ANTONIO, TX, 78232
Website
www.theferrarikid.orgNTEE Category
Code: G30 - Disease
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