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Rick Sharp Alz Foundation

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

EIN: 464438822 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Rick Sharp Alz Foundation?

The Rick Sharp Alzheimer's Foundation, based in Virginia Beach, Virginia, is a nonprofit organization with a mission to combat Alzheimer's disease and related cognitive disorders. It was established by Sherry Sharp in memory of her late husband, Richard L. Sharp, who succumbed to a rare form of Alzheimer's in 2014. The foundation aims to advance research and increase awareness surrounding Alzheimer's through inspiring collaborative efforts and fundraising activities. Its operations are headquartered at 900 LASKIN RD 200, Virginia Beach, VA 23451.


Official website here: www.ricksharpalz.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

The Rick Sharp Alz Foundation has earned a solid Three-Star rating from Charity Navigator, with an overall score of 81%. This score reflects a comprehensive assessment based entirely on the Accountability & Finance beacon, highlighting the organization's commitment to transparency and responsible financial management. The foundation demonstrates strong governance practices, including a fully independent board and effective policies in place to manage conflicts of interest and ensure accountability.

Strengths of the foundation include its high program expense ratio of 69.65%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has recorded no material diversion of assets, further reinforcing its credibility. The foundation has established rigorous policies regarding whistleblower protections, document retention, and board meeting documentation, all of which contribute to its operational integrity.

While the overall rating is commendable, potential donors and supporters might seek more detailed information about the foundation's programs and impact to gauge how effectively their contributions will address Alzheimer's disease. Overall, the Rick Sharp Alz Foundation appears to be a well-managed organization focused on its mission, with transparent operations and a commitment to accountability.


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

What do the Facebook reviews say about Rick Sharp Alz Foundation?

Though Rick Sharp Alz Foundation has not yet received an official rating, the reviews indicate a positive sentiment among those who have engaged with the organization. One reviewer emphasized the foundation's mission, highlighting it as a meaningful opportunity to contribute towards finding a cure for Alzheimer’s disease.

The support for the foundation suggests that it resonates well with those looking to make a difference in the fight against Alzheimer's. The focus on finding a cure seems to inspire hope and motivation among potential donors.

Overall, the feedback reflects an encouraging outlook on the foundation's efforts and mission, with reviewers showing enthusiasm about contributing to a cause that aims to bring significant change in the lives of those affected by Alzheimer’s.


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

Is Rick Sharp Alz Foundation legitimate?

Rick Sharp Alz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rick Sharp Alz 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: $0
Professional Fundraising Fees: $54,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ricksharpalz.org

What is the mission statement of Rick Sharp Alz Foundation?

The Rick Sharp Alzheimer's Foundation was established with the objective of putting an end to Alzheimer's disease and related cognitive disorders. This is achieved by fostering collaboration for research and fundraising efforts. The foundation is a tribute to Richard L. Sharp, who unfortunately succumbed to a rare form of Alzheimer's in June 2014. The primary goal of the foundation is to collect funds for the advancement of Alzheimer's research and to raise awareness about the disease.


Official website here: www.ricksharpalz.org

Who is the CEO of Rick Sharp Alz Foundation?

James P Karides Cpa is the President of Rick Sharp Alz Foundation.


Official website here: www.ricksharpalz.org

What is the revenue of Rick Sharp Alz Foundation?

Rick Sharp Alz Foundation's revenue in 2022 was $888,776.


Official website here: www.ricksharpalz.org

Who are the executives of Rick Sharp Alz Foundation and what are their salaries?

There 5 volunteers at Rick Sharp Alz Foundation.


Here are 8 key members and their salaries:


Sherry A Sharp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Giff Breed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard S Birnbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Stephen Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Rand Baggesen Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Jefferson O'Flaherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl R Jennings (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Karides Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ricksharpalz.org

Where can I find the form 990 for Rick Sharp Alz Foundation?

Rick Sharp Alz Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ricksharpalz.org

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

Mission Statement of Rick Sharp Alz Foundation

The Rick Sharp Alzheimer's Foundation, established in memory of Richard L. Sharp who passed away due to a rare form of Alzheimer's in June 2014, was founded by his wife, Sherry Sharp. This nonprofit organization's mission is centered around ending Alzheimer's disease and other cognitive disorders. The Foundation aims to inspire collaborative efforts in research and fundraising to achieve this goal. The organization's activities are geared towards promoting Alzheimer's awareness and raising funds for related research projects.

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Impact




July, 2024

The Rick Sharp Alz Foundation's impact is significant in the fight against Alzheimer's disease and related cognitive diseases. Founded by Sherry Sharp in memory of her late husband, Richard L. Sharp, the foundation is dedicated to ending Alzheimer's through collaboration in research and fundraising efforts. By raising funds to support Alzheimer's research and spreading awareness about the disease, the foundation plays a crucial role in advancing understanding and treatment of this debilitating condition. Its work in Virginia Beach, VA, and beyond is helping to make a meaningful difference in the lives of those affected by Alzheimer's.




This information is meant to be a general summary of Rick Sharp Alz 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.

Revenue
$888,776 (2022)
Expenses
$654,513 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,143
  • Gross Receipts: $944,591

Assets and Liabilities:

  • Total Assets: $1,326,199
  • Total Liabilities: $4,275
  • Net Assets: $1,321,924

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Organization Details

Founding Year

2013

Principal Officer

James P Karides Cpa

Main Address

900 LASKIN RD 200, VIRGINIA BEACH, VA, 23451

NTEE Category

Code: G83 - Disease

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