Overview
What is Little Hercules Foundation Inc?
Little Hercules Foundation Inc is a compassionate nonprofit organization located in Dublin, Ohio. With a team of five dedicated individuals, their primary mission is to enhance the lives of individuals diagnosed with Duchenne Muscular Dystrophy and their families. They achieve this goal through various means, including advocacy, raising awareness, offering family assistance, and funding scientific research. To execute these objectives, Little Hercules Foundation collaborates with organizations such as Charley's Fund, Nationwide Children's Hospital, Team Joseph, and Parent Project MD. These collaborations pool resources to fund research that aims to improve the understanding and treatment of Duchenne Muscular Dystrophy.
Official website here: www.littleherculesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
The Little Hercules Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. While the foundation boasts a high percentage of independent board members and a solid program expense ratio of 73.02%, the lack of financial statements and several missing governance policies are significant concerns that hinder its score.
Strengths of the organization include a strong commitment to maintaining an independent board and demonstrating no material diversion of assets. These factors contribute positively to its financial health, as reflected by a low liabilities to assets ratio of 9.11%. However, the absence of essential policies such as a conflict of interest policy and a whistleblower policy raises questions about the organization's governance and transparency.
Overall, while the Little Hercules Foundation has shown some strong financial stewardship, the absence of key governance documents and policies detracts from its accountability. Addressing these deficiencies could enhance its standing and ensure better trust from donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Little Hercules Foundation Inc legitimate?
Little Hercules Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Hercules 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: $375,481
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,000
For more financial information, click here
Official website here: www.littleherculesfoundation.org
What is the mission statement of Little Hercules Foundation Inc?
The Little Hercules Foundation Inc is committed to enhancing the lives of individuals diagnosed with Duchenne Muscular Dystrophy and their families. They achieve this goal through various means, including advocacy, raising awareness, providing family assistance, and funding research. The organization actively supports scientific research by channeling funds to organizations like Charley's Fund, Nationwide Children's Hospital, Team Joseph, and Parent Project MD. These cooperative entities pool their resources to finance Duchenne Muscular Dystrophy research.
Official website here: www.littleherculesfoundation.org
What is the revenue of Little Hercules Foundation Inc?
Little Hercules Foundation Inc's revenue in 2023 was $502,148.
Official website here: www.littleherculesfoundation.org
Who are the executives of Little Hercules Foundation Inc and what are their salaries?
The average compensation at Little Hercules Foundation Inc during 2023 was $71,414. There are 6 employees at Little Hercules Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $101,000
- Related: $0
- Other: $0
- Compensation: $91,000
- Related: $0
- Other: $0
- Compensation: $91,000
- Related: $0
- Other: $0
- Compensation: $69,231
- Related: $0
- Other: $0
- Compensation: $23,250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.littleherculesfoundation.org
Where can I find the form 990 for Little Hercules Foundation Inc?
Little Hercules Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.littleherculesfoundation.org
Learn more at the official website: www.littleherculesfoundation.org
Mission Statement of Little Hercules Foundation Inc
Little Hercules Foundation, a nonprofit organization, is committed to enhancing the lives of individuals diagnosed with Duchenne Muscular Dystrophy and their families. Through a multifaceted approach, the foundation focuses on advocacy, raising awareness, offering family assistance, and funding scientific research. By advocating for the needs of those affected by this condition, Little Hercules Foundation seeks to create a more supportive environment for patients and their families. Additionally, the organization raises awareness about Duchenne Muscular Dystrophy to educate the public and mobilize resources towards finding a cure.
In the realm of family assistance, Little Hercules Foundation provides support to families navigating the challenges associated with Duchenne Muscular Dystrophy. They have partnered with various organizations, such as Charley's Fund, Nationwide Children's Hospital, Team Joseph, and Parent Project MD, to pool resources together and fund scientific research. These collaborations allow for a more significant impact in the fight against Duchenne Muscular Dystrophy, ultimately benefiting the lives of those affected and their families. By funding research, Little Hercules Foundation contributes to the pursuit of breakthroughs and treatments, offering hope for a brighter future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Little Hercules Foundation Inc's impact is significant in improving the lives of individuals diagnosed with and families facing Duchenne Muscular Dystrophy. Through advocacy, awareness initiatives, family assistance, and funding research efforts, the organization has made a meaningful difference in the lives of those affected by this condition. By providing financial support to Charley's Fund, Nationwide Children's Hospital, Team Joseph, and Parent Project MD, Little Hercules Foundation has contributed to scientific research aimed at finding effective treatments and ultimately a cure for Duchenne Muscular Dystrophy. Their dedication to this cause has helped to drive progress and provide hope to those impacted by this disease.
This information is meant to be a general summary of Little Hercules 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $502,148
Assets and Liabilities:
- Total Assets: $119,073
- Total Liabilities: $10,862
- Net Assets: $108,211
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Principal Officer
Kelly Maynard
NTEE Category
Code: E12 - Health
If you are a representative of Little Hercules Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.