Overview
What is The Brooke Healey Foundation Inc?
The Brooke Healey Foundation Inc, situated in Basking Ridge, New Jersey, is a charitable organization with a mission to assist families impacted by DIPG and contribute to DIPG research. They primarily focus on fundraising efforts, providing financial aid to affected families and supporting research in this field. Additionally, the foundation offers scholarships as part of its mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
The Brooke Healey Foundation Inc has achieved a solid rating of 86%, reflecting strong performance in accountability and finance. This score is particularly commendable as it indicates the nonprofit's commitment to transparency and responsible fiscal management. The charity has a fully independent board comprising 100% independent members, which enhances its governance and decision-making processes.
Key strengths of the organization include its effective management of resources, with a program expense ratio of 90.75%, demonstrating a focus on spending funds directly on its mission-related activities. Additionally, the foundation has no liabilities compared to its assets, indicating sound financial stability. The presence of policies addressing conflicts of interest and the documentation of board meeting minutes further underscores a robust operational framework.
While the foundation showcases strong accountability and financial practices, the data primarily reflects a single beacon score. This limited scope may not fully capture all aspects of the organization’s impact and effectiveness, suggesting that stakeholders should consider looking into additional performance metrics or community feedback for a more comprehensive view.
This AI summary has been generated from information found on Charity Navigator.
Is The Brooke Healey Foundation Inc legitimate?
The Brooke Healey Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Brooke Healey 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
What is the mission statement of The Brooke Healey Foundation Inc?
The Brooke Healey Foundation's mission is centered around supporting families affected by a specific disease, known as DIPG, and contributing to research related to this condition. The organization's primary goal is to raise funds for these purposes, along with offering scholarships. By doing so, the foundation aims to provide aid and support to individuals and families grappling with the challenges associated with DIPG, while simultaneously contributing to advancements in understanding and treating the disease.
What is the revenue of The Brooke Healey Foundation Inc?
The Brooke Healey Foundation Inc's revenue in 2022 was $563,008.
Who are the executives of The Brooke Healey Foundation Inc and what are their salaries?
There 10 volunteers at The Brooke Healey Foundation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Brooke Healey Foundation Inc?
The Brooke Healey Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Brooke Healey Foundation Inc
The Brooke Healey Foundation is an organization dedicated to supporting families impacted by DIPG and contributing to research related to this disease. Their mission, in essence, is twofold. Firstly, they aim to provide financial assistance to families suffering from DIPG, offering them much-needed support during their difficult times. Secondly, the foundation invests in research aimed at understanding and combating DIPG, a rare and often fatal form of pediatric brain cancer. Furthermore, the Brooke Healey Foundation also offers scholarships to individuals, indicating their commitment to uplifting the lives of those affected by DIPG beyond just providing financial aid.
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Impact
July, 2024
The impact of The Brooke Healey Foundation Inc is significant in supporting families affected by DIPG (Diffuse Intrinsic Pontine Glioma). They raise money to provide assistance to these families facing the challenges of this devastating disease. Additionally, the foundation contributes to DIPG research efforts, aiming to find better treatments and ultimately a cure. Scholarships are also offered by the organization, further extending their reach and support within the community. This comprehensive approach reflects the foundation's commitment to making a meaningful difference in the lives of those impacted by DIPG.
This information is meant to be a general summary of The Brooke Healey 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 2022.
- Investment Income: $5,246
- Gross Receipts: $702,330
Assets and Liabilities:
- Total Assets: $660,444
- Total Liabilities: $0
- Net Assets: $660,444
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Organization Details
Founding Year
2013
Principal Officer
Stephen Healey
NTEE Category
Code: G123 - Disease
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