Overview
What is Michael Heaney Fund Inc?
Michael Heaney Fund Inc is a nonprofit organization located at 114 E Becks Blvd, Ringoes, NJ 08551. This charity is dedicated to assisting individuals, families, and organizations in need, and to honoring the virtues exemplified by Michael Heaney. The organization's mission involves providing support and aid, as well as recognizing individuals who embody the qualities of its namesake. Furthermore, the Michael Heaney Fund Inc also awards scholarships to eligible candidates. The organization's activities may include offering financial assistance, resources, and other forms of aid to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Michael Heaney Fund Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The charity's overall score reflects only its accountability and finance metrics, which suggest a strong commitment to maintaining an independent board and ensuring sound financial practices. The organization has achieved a perfect score in several key areas, including the independence of board members and the absence of material asset diversion.
Strengths of the organization include a high program expense ratio of 95.39%, indicating that a significant portion of its expenditures goes directly towards its charitable programs. Additionally, the charity has demonstrated transparency by listing its website on the tax form and posting required documents online, contributing to its accountability stature. However, it has been noted that the organization is missing several important policies, such as those addressing conflicts of interest and whistleblower protections, which could affect its governance practices.
While the Michael Heaney Fund Inc showcases strong financial indicators and transparency, the absence of specific policies raises potential concerns about its operational governance. It is important for donors and stakeholders to consider these limitations alongside the organization's strengths when evaluating its overall effectiveness and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Michael Heaney Fund Inc legitimate?
Michael Heaney Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michael Heaney Fund 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 Michael Heaney Fund Inc?
The Michael Heaney Fund Inc is established to aid and assist individuals, families, and organizations in need, while also supporting those who embody the virtues of Michael Heaney. Its mission is to provide support and facilitate growth, encompassing both financial aid and recognition for individuals who exemplify the noble characteristics of Michael Heaney. The organization makes donations to qualified 501(c) tax-exempt organizations and awards scholarships to deserving individuals.
Who is the CEO of Michael Heaney Fund Inc?
Christopher Levin is the Trustee of Michael Heaney Fund Inc.
What is the revenue of Michael Heaney Fund Inc?
Michael Heaney Fund Inc's revenue in 2022 was $14,496.
Who are the executives of Michael Heaney Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Michael Heaney Fund Inc?
Michael Heaney Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michael Heaney Fund Inc
The Michael Heaney Fund Inc is a nonprofit organization dedicated to offering assistance and support to individuals, families, and organizations in need. Moreover, it aims to recognize and champion individuals who embody the qualities of Michael Heaney. To fulfill its mission, the fund makes donations to eligible 501(c) tax-exempt organizations and awards scholarships to deserving individuals. By providing financial aid and recognizing those who embody Michael Heaney's character, the Michael Heaney Fund Inc seeks to make a positive impact in various communities.
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Impact
August, 2024
The impact of the Michael Heaney Fund Inc is evident in its commitment to helping and supporting individuals, families, and organizations in need. By making donations to local 501(c) tax-exempt organizations and awarding scholarships, the fund plays a vital role in providing assistance and opportunities to those facing challenges. Additionally, by honoring individuals who embody the characteristics of Michael Heaney, the fund creates a positive ripple effect that inspires others to exhibit similar values. Through its activities, the Michael Heaney Fund Inc contributes to building a stronger and more supportive community, particularly in the field of health.
This information is meant to be a general summary of Michael Heaney Fund 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.
- Gross Receipts: $28,740
Assets and Liabilities:
- Total Assets: $20,920
- Total Liabilities: $0
- Net Assets: $20,920
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Organization Details
Founding Year
2014
Phone
(908) 625-2822Principal Officer
Christopher Levin
Main Address
114 E BECKS BLVD, RINGOES, NJ, 08551
NTEE Category
Code: E19 - Health
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