Overview
What is Cory Monzingo Foundation?
The Cory Monzingo Foundation, situated in Pflugerville, Texas, is a nonprofit organization that focuses its efforts on supporting research for treatments and ultimately, a cure for Desmoplastic Small Round Cell Tumor (DSRCT). Committed to this mission, the foundation has provided funding for this specific type of cancer at the MD Anderson Cancer Center. This nonprofit organization's primary goal is to contribute to scientific advancements and ultimately improve the lives of individuals affected by DSRCT.
Official website here: www.corymonzingofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Cory Monzingo Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 83%. This score is based entirely on the Accountability & Finance beacon, indicating a strong emphasis on financial integrity and transparency. The foundation demonstrates a commendable commitment to accountability, with a perfect score for having a majority of independent board members and no material diversion of assets.
The organization exhibits excellent financial health, with an impressive program expense ratio of 98.85%, signifying that a significant portion of its funds is directed towards its mission-related activities. Additionally, it maintains a low liabilities-to-assets ratio, indicating a strong financial position and sustainability. The board's governance policies, such as a comprehensive conflict of interest policy, contribute to its overall accountability.
However, there are some limitations noted in the evaluation. The foundation is missing a whistleblower policy and a document retention and destruction policy, which are important for organizational governance and risk management. Despite these gaps, the strengths in financial management and transparency position the Cory Monzingo Foundation as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cory Monzingo Foundation legitimate?
Cory Monzingo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cory Monzingo 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.
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Official website here: www.corymonzingofoundation.org
What is the mission statement of Cory Monzingo Foundation?
The Cory Monzingo Foundation's mission is centered around supporting the advancement of research aimed at discovering treatments and ultimately, a cure for Desmoplastic Small Round Cell Tumor (DSRCT). This non-profit organization is committed to making significant strides in this field, working tirelessly to contribute to the development of effective treatments and a potential cure for this particular type of cancer. To achieve this goal, the foundation has provided funding for research at esteemed institutions such as the MD Anderson Cancer Center.
Official website here: www.corymonzingofoundation.org
What is the revenue of Cory Monzingo Foundation?
Cory Monzingo Foundation's revenue in 2023 was $129,453.
Official website here: www.corymonzingofoundation.org
Who are the executives of Cory Monzingo Foundation and what are their salaries?
There 40 volunteers at Cory Monzingo Foundation.
Here are 18 key members and their salaries:
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Official website here: www.corymonzingofoundation.org
Where can I find the form 990EZ for Cory Monzingo Foundation?
Cory Monzingo Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.corymonzingofoundation.org
Learn more at the official website: www.corymonzingofoundation.org
Mission Statement of Cory Monzingo Foundation
The Cory Monzingo Foundation is committed to advancing research aimed at discovering treatments and ultimately finding a cure for Desmoplastic Small Round Cell Tumor (DSRCT). This nonprofit organization dedicates its resources towards this mission, providing funding to support medical research at esteemed institutions such as the MD Anderson Cancer Center. By backing this vital research, the Cory Monzingo Foundation plays a significant role in the broader fight against cancer, holding the promise of improved outcomes and hope for individuals diagnosed with DSRCT.
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Impact
August, 2024
The Cory Monzingo Foundation's impact lies in its dedicated support of research for treatments and a cure for desmoplastic small round cell tumor (DSRCT). By providing funding to further research efforts at MD Anderson Cancer Center, the foundation plays a crucial role in advancing the understanding and eventual treatment of this rare and aggressive cancer. Its mission to support research for DSRCT underscores its commitment to making a tangible difference in the lives of those affected by this disease.
This information is meant to be a general summary of Cory Monzingo 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 2023.
- Investment Income: $67
- Gross Receipts: $129,453
Assets and Liabilities:
- Total Assets: $7,691
- Total Liabilities: $0
- Net Assets: $7,691
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Organization Details
Founding Year
2014
Principal Officer
Clay Monzingo
NTEE Category
Code: G30 - Disease
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