Overview
What is Scott Hamilton Cares Foundation Inc?
Scott Hamilton Cares Foundation Inc, based in Franklin, Tennessee, is a dedicated nonprofit organization with a mission to revolutionize cancer care. Their primary focus is on funding innovative, cutting-edge research that aims to treat cancer effectively while minimizing patients' suffering. With a strong emphasis on collaboration, they are building a comprehensive cancer network through strategic partnerships. The foundation's workforce comprises five dedicated individuals. Their ultimate goal is to change the future of cancer treatment, improving survival rates and enhancing patients' quality of life.
Official website here: www.scottcares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (56%)
The Scott Hamilton Cares Foundation Inc has received a One-Star rating, reflecting significant concerns regarding its financial health and operations. The rating is based solely on the Accountability & Finance metrics, where the organization performed strongly in governance aspects, such as having a majority of independent board members and effective audit procedures. However, these strengths are undermined by critical weaknesses in financial ratios and program expense allocations.
Notably, the foundation has a high liabilities to assets ratio of 17%, which is concerning and resulted in a score of zero for that metric. Furthermore, the program expense ratio is low at 45.67%, indicating that a smaller portion of its budget is allocated to its programs compared to administrative costs. This raises questions about the effectiveness of its operations and the impact of its work in the community.
Despite having robust governance policies in place, including conflict of interest and whistleblower protections, the financial shortcomings reflect a need for improvement in resource allocation and transparency. The absence of the Tax Form on its website is another area of concern, suggesting potential gaps in accountability that could affect donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Scott Hamilton Cares Foundation Inc legitimate?
Scott Hamilton Cares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scott Hamilton Cares Foundation 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: $143,869
Professional Fundraising Fees: $45,000
Other Salaries and Wages: $190,583
For more financial information, click here
Official website here: www.scottcares.org
What is the mission statement of Scott Hamilton Cares Foundation Inc?
The Scott Hamilton Cares Foundation is committed to transforming the future of cancer by funding innovative, advanced research. This research focuses on treating cancer while minimizing the impact on patients. The foundation aims to improve cancer survivorship and enhance the quality of life for patients. The organization, known as CARES (Cancer Alliance for Research, Education, and Survivorship), is building a cancer network based on strong partnerships. This network is dedicated to providing world-class research and high-quality care to cancer patients.
Official website here: www.scottcares.org
Who is the CEO of Scott Hamilton Cares Foundation Inc?
Tammy Paxton is the Founder & Ceo of Scott Hamilton Cares Foundation Inc. The CEO's salary of Scott Hamilton Cares Foundation Inc is $0 and their total compensation is $0.
Official website here: www.scottcares.org
What is the revenue of Scott Hamilton Cares Foundation Inc?
Scott Hamilton Cares Foundation Inc's revenue in 2022 was $1,187,718.
Official website here: www.scottcares.org
Who are the executives of Scott Hamilton Cares Foundation Inc and what are their salaries?
The average compensation at Scott Hamilton Cares Foundation Inc during 2022 was $66,890. There are 5 employees at Scott Hamilton Cares Foundation Inc.
Here are 21 key members and their salaries (Scott Hamilton Cares Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.scottcares.org
Where can I find the form 990 for Scott Hamilton Cares Foundation Inc?
Scott Hamilton Cares Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scottcares.org
Learn more at the official website: www.scottcares.org
Mission Statement of Scott Hamilton Cares Foundation Inc
The Scott Hamilton Cares Foundation, with a commitment to revolutionizing cancer treatment, is devoted to funding innovative, advanced research. Their mission is to develop therapies that can effectively combat cancer while minimizing the impact on the patient's quality of life. The foundation, often referred to as CARES (Cancer Alliance for Research, Education, and Survivorship), is building a robust network of partnerships to achieve this goal. The organization is dedicated to improving cancer survival rates and enhancing the overall well-being of cancer patients, with the aim of turning the cancer experience upside down for future generations.
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Impact
July, 2024
The impact of the Scott Hamilton Cares Foundation Inc is focused on changing the future of cancer. By funding advanced and innovative research that aims to treat cancer while prioritizing the well-being of patients, the foundation is actively working towards improving cancer survivorship and the quality of life for cancer patients. Through its Cancer Alliance for Research, Education, and Survivorship (CARES), the foundation is building a network that fosters strong partnerships to further its mission.
This information is meant to be a general summary of Scott Hamilton Cares Foundation 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.
- Investment Income: $3,568
- Gross Receipts: $1,703,994
Assets and Liabilities:
- Total Assets: $2,091,540
- Total Liabilities: $355,578
- Net Assets: $1,735,962
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Organization Details
Founding Year
2014
Phone
(844) 726-8884Principal Officer
Tammy Paxton
Main Address
PO BOX 680483, FRANKLIN, TN, 37068
Website
www.scottcares.orgNTEE Category
Code: H30 - Medical research
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