Overview
What is Dmax Foundation?
Dmax Foundation is a nonprofit organization based in Bryn Mawr, Pennsylvania. Their primary focus is on fostering connections and conversations that improve mental health and emotional well-being among young people. This is achieved through their flagship program, Dmax Clubs, which provide a safe space for students to discuss their challenges and offer support to one another. In 2022, they expanded their network to include clubs at Ohio State University, Cheyney University, and the University of Delaware, serving over 200 students across five states. They also work with interested students at five new schools and approach others they believe would benefit from their environment. Their programs have shown positive impacts, with 74% of students reporting improved self-esteem, 78% reporting improved relationships, 82% reporting improved feelings about being at school, and 74% reporting Dmax Club meetings, topics, or activities as good or excellent. In addition to their club initiatives, they host educational events to address student mental health challenges, such as the recent symposium titled "Student Mental Health Crisis: Learn, Prevail, Survive." They also organize a digital series called "Dmax Students Speak," allowing college students to share their mental health journeys and empower others to do the same.
Official website here: www.dmaxfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating
The Dmax Foundation has received a strong score of 89%, reflecting solid accountability and financial practices. This rating is primarily based on the organization's fiscal management and adherence to best practices, with a perfect score in several areas including a majority of independent board members and sound financial ratios. The foundation demonstrates a commitment to transparency with documents such as board meeting minutes and policies for conflicts of interest and whistleblowing readily available.
Strengths of the foundation include its high program expense ratio of 69.22%, indicating that a significant portion of its resources is directed towards its charitable programs. Additionally, the organization scores well on asset management, showing a low liabilities to assets ratio of 21.07%, which suggests a strong financial footing. The foundation's emphasis on accountability is further bolstered by its independent board structure, which is critical in ensuring unbiased governance.
While the Dmax Foundation shows impressive organizational strengths, the three-star rating may indicate areas for improvement compared to higher-rated nonprofits. Stakeholders may look for enhanced outreach or impact reports to further demonstrate the effectiveness of its programs. Overall, the foundation appears to be a reliable choice for donors interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dmax Foundation legitimate?
Dmax Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dmax Foundation 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: $128,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,469
For more financial information, click here
Official website here: www.dmaxfoundation.org
What is the mission statement of Dmax Foundation?
The Dmax Foundation's mission is centered around fostering connections and meaningful conversations to bolster mental health and emotional well-being among young people. Their primary focus is on college students, providing them with safe spaces to discuss their feelings, relationships, and challenges. The foundation's programs, particularly the Dmax Clubs, equip students with essential life skills to navigate their college lives and beyond, promoting deeper, more meaningful conversations in various aspects of their lives. In 2022, they established clubs at Ohio State University, Cheyney University, and the University of Delaware, serving over 200 students across five states. The positive impact of their programming, as reported by students, includes improved self-perception, interpersonal relationships, school engagement, and overall satisfaction with their club meetings, topics, and activities. The foundation also hosts educational events and digital series aimed at empowering students to share their mental health journeys, fostering a sense of community and mutual support.
Official website here: www.dmaxfoundation.org
Who is the CEO of Dmax Foundation?
Laurie Burstein-Maxwell is the Ed, Co-Chair of Dmax Foundation.
Official website here: www.dmaxfoundation.org
What is the revenue of Dmax Foundation?
Dmax Foundation's revenue in 2022 was $305,873.
Official website here: www.dmaxfoundation.org
Who are the executives of Dmax Foundation and what are their salaries?
The average compensation at Dmax Foundation during 2022 was $48,863. There are 5 employees and 21 volunteers at Dmax Foundation.
Here are 8 key members and their salaries:
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Official website here: www.dmaxfoundation.org
Where can I find the form 990 for Dmax Foundation?
Dmax Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmaxfoundation.org
Learn more at the official website: www.dmaxfoundation.org
Mission Statement of Dmax Foundation
The Dmax Foundation, a non-profit organization, is dedicated to fostering connections and initiating meaningful conversations that bolster mental health and emotional well-being in young people. Their primary objective is to create an environment where young individuals can discuss their feelings, relationships, and concerns, thereby equipping them with essential life skills and promoting open dialogue throughout their lives.
One of their flagship programs is the Dmax Clubs, serving as safe spaces for students to gather, share, and support each other. These clubs not only help students navigate the challenges of college life but also instill valuable skills that enable them to engage in deep, meaningful conversations in various settings, such as workplaces, families, and communities. In 2022, Dmax Foundation expanded its network, establishing clubs at Ohio State University, Cheyney University, the University of Delaware, and revitalizing the club at Penn State Brandywine. As of now, they have a network of eleven clubs across five states, serving over 200 students annually. The organization is actively working with interested students at five new schools and approaching others that would benefit from the environments they provide.
Surveys conducted in 2022 revealed the positive impact of Dmax Foundation's programming. For instance, 74% of the students reported that Dmax Clubs improved their self-perception, 78% reported improved relationships with others, 82% reported improved feelings about being at school, and 74% rated Dmax Club meetings, topics, or activities as good or excellent. The organization also hosted an annual educational event titled "Student Mental Health Crisis: Learn, Prevail, Survive," which attracted 89 students and foundation supporters. This virtual symposium offered insights into how students are coping with the continually increasing challenges to their mental health. Additionally, Dmax Foundation continues its digital series, "Dmax Students Speak," empowering college students to share their mental health journeys with a virtual audience, thereby inspiring others to do the same. The goal of these events is to create a community of supportive students who can help each other navigate the complexities of mental health.
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Impact
June, 2024
Dmax Foundation's impact is significant in strengthening the mental health and emotional well-being of young people. The DMAX Clubs provide a trusting space for students to come together, talk about their well-being, support each other, and develop valuable life skills. The positive impact of these clubs is evident, with high percentages of students reporting improvements in their self-esteem, relationships, and overall feelings about school.
Furthermore, the Foundation's educational events and digital series, such as "DMAX Students Speak," serve to raise awareness and empower college students to share their mental health journeys. Through these initiatives, Dmax Foundation is not only providing support to individual students but also fostering a community that encourages open conversations and destigmatizes mental health issues.
Overall, Dmax Foundation's efforts are making a tangible difference in the lives of young people, equipping them with the tools and support needed to navigate the challenges of mental health and emotional well-being.
This information is meant to be a general summary of Dmax Foundation. 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: $330
- Program Service Revenue: $2,028
- Gross Receipts: $311,055
Assets and Liabilities:
- Total Assets: $318,220
- Total Liabilities: $67,072
- Net Assets: $251,148
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$2,028
Organization Details
Founding Year
2013
Phone
(610) 527-2971Principal Officer
Laurie Burstein-Maxwell
Main Address
401 DARTMOUTH ROAD, BRYN MAWR, PA, 19010
Website
www.dmaxfoundation.orgNTEE Category
Code: F99 - Mental health
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