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Adipsy

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

EIN: 461951781 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

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Overview

What is Adipsy?

Adipsy is a compassionate nonprofit organization situated in Chesapeake, Virginia. With a small team of just two individuals, their mission is deeply rooted in providing respite for individuals battling cancer and their loved ones. By offering getaways, Adipsy aims to provide a much-needed break from the challenges that cancer often brings, offering a chance to relax and rejuvenate. The core of Adipsy's activities revolves around offering restoration away from the hardships associated with cancer.


Official website here: www.adipsy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

Adipsy has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's overall score is based entirely on its impressive performance in the Accountability & Finance beacon, achieving a perfect score in every evaluated category. This includes having a fully independent board and robust policies in place for conflict of interest and whistleblower protections.

The organization demonstrates exceptional financial responsibility, with a program expense ratio of 91.60%, indicating that a significant majority of its expenditures directly support its charitable programs. Furthermore, Adipsy maintains a low liabilities-to-assets ratio of 0.25%, showcasing its strong financial health and stability.

No significant limitations were noted in the data, which highlights the organization's transparency and effective governance practices. Overall, Adipsy appears to be a highly reliable nonprofit, dedicated to maintaining high standards in its operations.


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

What do the Facebook reviews say about Adipsy?

90% of 11 reviewers on Facebook recommend Adipsy. Here is a summary of their reviews:

The overwhelming sentiment is one of appreciation and gratitude towards Adipsy. Families have expressed feeling blessed by the compassionate and caring support provided by the team, particularly during challenging times such as treatment for their children.

Overall, the nonprofit is celebrated for instilling joy and hope in its community members, indicating that it genuinely impacts the lives of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Adipsy legitimate?

Adipsy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adipsy 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: $31,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,600

For more financial information, click here


Official website here: www.adipsy.org

What is the mission statement of Adipsy?

Adipsy's mission is centered around providing restoration for individuals affected by cancer. At its core, Adipsy aims to offer a respite from the challenges of cancer, allowing patients and their families to find peace and relaxation away from the hardships associated with the disease. The organization facilitates getaways that serve as a sanctuary, providing an opportunity for healing and rejuvenation.


Official website here: www.adipsy.org

Who is the CEO of Adipsy?

Christlynn Mccloud is the Ceo & Founde of Adipsy. The CEO's salary of Adipsy is $0 and their total compensation is $0.


Official website here: www.adipsy.org

What is the revenue of Adipsy?

Adipsy's revenue in 2022 was -$582,783.


Official website here: www.adipsy.org

Who are the executives of Adipsy and what are their salaries?

The average compensation at Adipsy during 2022 was $44,400. There are 2 employees and 4 volunteers at Adipsy.


Here are 4 key members and their salaries (Adipsy's CEO's salary is $0 and their total compensation is $0):


Christlynn Mccloud (Ceo & Founde)
  • Compensation: $31,200
  • Related: $0
  • Other: $0
William Mccloud (Ceo & Founde)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Roe (Secretary Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Groves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adipsy.org

Where can I find the form 990 for Adipsy?

Adipsy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adipsy.org

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

Mission Statement of Adipsy

Adipsy, a nonprofit organization, is dedicated to providing a sanctuary away from the challenges of cancer. At its core, Adipsy's mission is to offer restorative experiences for cancer patients and their families. Recognizing the hardships cancer brings, Adipsy offers getaways that allow individuals to relax and rejuvenate, providing a much-needed break from their cancer journey.

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Impact




October, 2024

Adipsy has a profound impact by offering much-needed respite to cancer patients and their families. By providing getaways designed for rest and relaxation, Adipsy allows individuals facing the challenges of cancer to temporarily step away from their struggles. These curated experiences foster healing not just physically, but emotionally, creating a supportive environment where families can bond and rejuvenate. Located in Chesapeake, VA, Adipsy focuses on the restoration and well-being of those navigating the hardships of cancer, enabling them to find moments of peace amidst their journey.




This information is meant to be a general summary of Adipsy. 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
-$582,783 (2022)
Expenses
$272,816 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$677,750
  • Program Service Revenue: $34,761
  • Gross Receipts: $1,477,479

Assets and Liabilities:

  • Total Assets: $1,001,531
  • Total Liabilities: $2,520
  • Net Assets: $999,011

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$34,761

Organization Details

Founding Year

2015

Principal Officer

Christlynn Mccloud

Main Address

PO BOX 16183, CHESAPEAKE, VA, 23328

NTEE Category

Code: E86 - Health

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