Overview
What is Mad In America Foundation?
The Mad In America Foundation, based in Cambridge, Massachusetts, is a nonprofit organization with a mission to spark a revolution in psychiatric care, both in the U.S. and globally. Their primary objective is to challenge the status quo of the existing drug-based approach to mental health care, recognizing its shortcomings. To achieve this goal, they publish a webzine, madinamerica.com, featuring news, original articles, and a platform for a diverse community of writers, including people with personal experiences, mental health professionals, and advocates, to discuss and debate issues related to the transformation of psychiatry. With a small workforce of just 3 individuals, the Mad In America Foundation serves as a catalyst for change, striving to redefine the future of mental health care.
Official website here: www.madinamerica.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Mad In America Foundation has received an 83% score from Charity Navigator, reflecting a strong performance in accountability and finance. This score is based solely on their financial management practices, indicating a solid level of transparency and responsibility in their operations. The strong score suggests that the foundation effectively utilizes its resources to achieve its mission while maintaining a clear and accountable governance structure.
A key strength of the organization is its independent board, comprising 83% independent members, which enhances its oversight and decision-making processes. The foundation has no material diversion of assets, and it has policies in place regarding conflicts of interest, further indicating a commitment to ethical practices. Additionally, a high program expense ratio of 91.16% suggests that the majority of its funds are directed towards its programs rather than administrative costs.
However, the foundation does lack certain policies, such as a whistleblower policy and document retention policy, which may indicate areas for improvement in governance practices. While the organization performs well overall, addressing these gaps could enhance its accountability and provide greater reassurance to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mad In America Foundation legitimate?
Mad In America Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mad In America 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: $47,520
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,460
For more financial information, click here
Official website here: www.madinamerica.com/
What is the mission statement of Mad In America Foundation?
The Mad In America Foundation aims to catalyze a shift in psychiatric care, both in the US and globally. Believing that the present drug-centric approach has fallen short, the foundation seeks to revolutionize the field through scientific research and the firsthand accounts of individuals diagnosed with psychiatric disorders. To further this mission, they publish a webzine, madinamerica.com, serving as a platform for a diverse group of contributors to discuss and explore topics related to redefining psychiatry.
Official website here: www.madinamerica.com/
Who is the CEO of Mad In America Foundation?
Robert Whitaker is the President of Mad In America Foundation.
Official website here: www.madinamerica.com/
What is the revenue of Mad In America Foundation?
Mad In America Foundation's revenue in 2022 was $369,181.
Official website here: www.madinamerica.com/
Who are the executives of Mad In America Foundation and what are their salaries?
The average compensation at Mad In America Foundation during 2022 was $42,993. There are 3 employees at Mad In America Foundation.
Here are 6 key members and their salaries:
- Compensation: $47,520
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.madinamerica.com/
Where can I find the form 990 for Mad In America Foundation?
Mad In America Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madinamerica.com/
Learn more at the official website: www.madinamerica.com/
Mission Statement of Mad In America Foundation
The Mad In America Foundation, a trailblazing organization, seeks to instigate a fundamental shift in the approach to psychiatric care, not only in the United States but also globally. They are driven by the conviction that the existing drug-based model of care has fallen short and that a comprehensive overhaul is necessary.
The foundation's mission is multifaceted. They aim to serve as a catalyst for change, advocating for a reevaluation of psychiatric care. They believe that scientific research, alongside the lived experiences of individuals diagnosed with psychiatric disorders, necessitates a profound transformation in the field.
To achieve this, the Mad In America Foundation publishes a webzine called madinamerica.com. This platform serves as a hub for news, original journalistic articles, and an international forum. A diverse array of contributors - people with lived experiences, peer specialists, family members, mental health professionals, journalists, attorneys, and more - engage in discussions revolving around the goal of "remaking psychiatry." By fostering a space for diverse perspectives, the foundation hopes to drive meaningful change in the field of psychiatric care.
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Impact
June, 2024
Mad In America Foundation serves as a catalyst for rethinking psychiatric care in the United States and abroad through its webzine, madinamerica.com. It provides news of psychiatric research, original journalism articles, and a forum for a diverse group of writers to explore issues related to remaking psychiatry. Their mission is to bring about profound change in the current drug-based paradigm of care, believing that it has failed society. This impact is evident in their ongoing efforts to challenge and reshape the field of mental health care.
This information is meant to be a general summary of Mad In America 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: $95
- Program Service Revenue: $3,907
- Gross Receipts: $369,181
Assets and Liabilities:
- Total Assets: $539,619
- Total Liabilities: $2,305
- Net Assets: $537,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Town Halls Revenue
Revenue
$3,907
Organization Details
Founding Year
2015
Phone
(617) 649-1148Principal Officer
Robert Whitaker
Main Address
763 Massachusetts Ave 2, Cambridge, MA, 02139
Website
www.madinamerica.com/NTEE Category
Code: F70 - Mental health
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