Overview
What is Team Cmmd Foundation?
Team Cmmd Foundation is a compassionate nonprofit organization based in Exton, Pennsylvania. Its primary mission is to provide financial aid and emotional support to families affected by cancer. The foundation offers monetary assistance to help cover medical expenses and other household costs, including providing a $5,000 annual scholarship to a deserving student with a minimum GPA of 3.0. Team Cmmd Foundation is run by a dedicated team of volunteers, runners, walkers, and cyclists who collaborate to support individuals battling cancer in their community and beyond.
Official website here: www.teamcmmd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Star rating.
Team Cmmd Foundation has received a Two-Star rating from Charity Navigator, primarily based on its accountability and financial transparency. The foundation scored well in several key areas, including a fully independent board and the absence of any material diversion of assets. However, it has areas of concern, particularly the absence of a whistleblower policy and a document retention policy, which impacted its overall score.
The organization demonstrates strengths in governance, with 100% independent board members and compliance in posting its tax forms and board meeting minutes. Its liabilities to assets ratio is commendable at 0.03%, indicating a healthy financial standing. Nonetheless, the program expense ratio of 60.88% falls short of the expected benchmark, suggesting potential room for improvement in program efficiency.
Overall, while Team Cmmd Foundation shows strengths in governance and financial management, the lack of specific policies and lower program expense efficiency may raise questions about its operational practices. Potential donors and stakeholders are advised to consider these factors when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Team Cmmd Foundation legitimate?
Team Cmmd Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Cmmd 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: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.teamcmmd.org
What is the mission statement of Team Cmmd Foundation?
Team Cmmd Foundation, a not-for-profit organization, is dedicated to supporting individuals and families battling cancer. Comprised of volunteers, runners, walkers, and cyclists, the foundation aims to alleviate the financial and emotional burdens associated with cancer. They offer monetary assistance to help cover medical expenses and household costs. Furthermore, the foundation provides a $5,000 annual scholarship to a deserving student attending college or university, maintaining a 3.0 GPA to retain the scholarship. In essence, Team Cmmd Foundation works tirelessly to aid those affected by cancer in their community and beyond.
Official website here: www.teamcmmd.org
Who is the CEO of Team Cmmd Foundation?
James Baker is the President of Team Cmmd Foundation.
Official website here: www.teamcmmd.org
What is the revenue of Team Cmmd Foundation?
Team Cmmd Foundation's revenue in 2022 was $37,689.
Official website here: www.teamcmmd.org
Who are the executives of Team Cmmd Foundation and what are their salaries?
There 50 volunteers at Team Cmmd Foundation.
Here are 5 key members and their salaries:
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Official website here: www.teamcmmd.org
Where can I find the form 990 for Team Cmmd Foundation?
Team Cmmd Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamcmmd.org
Learn more at the official website: www.teamcmmd.org
Mission Statement of Team Cmmd Foundation
Team Cmmd Foundation, a not-for-profit organization, is driven by the collective efforts of volunteers, runners, walkers, and cyclists. Their mission is to extend support to individuals and families battling cancer within their community and beyond. This charitable organization operates on the principle of unity, working together to alleviate the financial and emotional burdens associated with cancer.
The Team Cmmd Foundation provides essential monetary aid to families grappling with cancer-related expenses. This financial assistance is not limited to medical costs but also extends to covering various household expenses. One of their notable initiatives includes granting an annual scholarship of $5,000 to a deserving student pursuing higher education. To maintain this scholarship, the recipient must maintain a minimum GPA of 3.0.
In essence, the Team Cmmd Foundation serves as a beacon of hope and support for individuals and families affected by cancer, offering both financial assistance and a symbol of shared commitment in their fight against this debilitating disease. Their mission is a testament to the power of community, unity, and compassion in addressing critical challenges.
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Impact
August, 2024
Team CMMD Foundation's impact is significant as it provides crucial monetary support to families impacted by cancer. The foundation assists with medical expenses and other household costs, helping alleviate the financial burden that comes with battling cancer. Additionally, they offer a $5,000 annual scholarship to a college student, emphasizing the importance of education and supporting young individuals affected by the disease. Through the dedication of volunteers, runners, walkers, and cyclists, Team CMMD Foundation positively impacts the lives of those fighting cancer in the community and beyond.
This information is meant to be a general summary of Team Cmmd 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: $6,491
- Gross Receipts: $111,582
Assets and Liabilities:
- Total Assets: $250,315
- Total Liabilities: $92
- Net Assets: $250,223
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Organization Details
Founding Year
2014
Phone
(610) 363-0100Principal Officer
James Baker
Main Address
750 WEST LINCOLN HIGHWAY, EXTON, PA, 19341
Website
www.teamcmmd.orgNTEE Category
Code: T70 - Philanthropy
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