Overview
What is Curefa Foundation Inc?
Curefa Foundation Inc, headquartered in Port Washington, Wisconsin, is a dedicated nonprofit organization focused on combating Friedrich's Ataxia. Their primary objective is to establish scientific infrastructure and conduct groundbreaking research in this field. They fund capital-intensive projects, setting milestones for success, and utilize innovative tools in scientific research to treat and cure Friedrich's Ataxia. By doing so, Curefa Foundation Inc aims to increase information availability to the wider community, contributing to the pursuit of a cure for this condition.
Official website here: www.curefafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Curefa Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting a two-star rating with a score of 73%. This indicates that while the organization demonstrates strong performance in certain areas, particularly in governance and financial health, there are notable deficiencies in transparency and policy documentation.
One of the organization's strengths is its independent board structure, with 100% of its board members being independent, which is crucial for effective governance. Additionally, the foundation exhibits an impressive program expense ratio of 98.67%, suggesting that a significant portion of its expenditures is directed toward its mission-related activities. However, the lack of financial statements and missing key policies, such as a whistleblower policy and document retention policy, raise concerns about accountability and transparency.
While Curefa Foundation Inc exhibits strong programmatic focus and governance, the absence of essential documentation and transparency measures limits its overall rating. Improvements in these areas could enhance trust and further solidify its standing as a responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Curefa Foundation Inc legitimate?
Curefa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Curefa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.curefafoundation.org
What is the mission statement of Curefa Foundation Inc?
The Curefa Foundation Inc. is committed to funding capital-intensive projects related to Friedrich's Ataxia, setting success milestones, and utilizing novel tools in scientific research for its treatment and cure. Their mission involves investing in the construction of scientific infrastructure and conducting extensive scientific research. Additionally, the foundation aims to increase the availability of information about Friedrich's Ataxia within the community, working towards finding a cure for this condition.
Official website here: www.curefafoundation.org
Who is the CEO of Curefa Foundation Inc?
Thomas Hamilton is the President of Curefa Foundation Inc.
Official website here: www.curefafoundation.org
What is the revenue of Curefa Foundation Inc?
Curefa Foundation Inc's revenue in 2022 was $1,803,467.
Official website here: www.curefafoundation.org
Who are the executives of Curefa Foundation Inc and what are their salaries?
There 6 volunteers at Curefa Foundation Inc.
Here are 6 key members and their salaries:
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Official website here: www.curefafoundation.org
Where can I find the form 990 for Curefa Foundation Inc?
Curefa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.curefafoundation.org
Learn more at the official website: www.curefafoundation.org
Mission Statement of Curefa Foundation Inc
Curefa Foundation Inc is committed to funding capital-intensive projects related to the treatment and cure of Friedrich's Ataxia. They achieve this by setting success milestones and leveraging novel tools of scientific research. The organization's mission is to contribute to the scientific infrastructure and conduct research in this field, while also increasing information availability to the community. The ultimate goal of Curefa Foundation Inc is to contribute to finding a cure for Friedrich's Ataxia.
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Impact
July, 2024
Curefa Foundation Inc's impact lies in funding capital-intensive projects with success milestones, leveraging innovative scientific research tools for the treatment and cure of Friedreich's Ataxia. By building scientific infrastructure, conducting research, and increasing information availability to the community, Curefa Foundation is dedicated to advancing towards a cure for this debilitating disease. In doing so, the organization aims to make a significant difference in the lives of individuals and families affected by Friedreich's Ataxia.
This information is meant to be a general summary of Curefa 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: $1,800,517
- Gross Receipts: $12,631,009
Assets and Liabilities:
- Total Assets: $9,070,601
- Total Liabilities: $0
- Net Assets: $9,070,601
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Organization Details
Founding Year
2015
Phone
(414) 273-2100Principal Officer
Thomas Hamilton
Main Address
777 MARITIME AVE, PORT WASHINGTON, WI, 53074
Website
www.curefafoundation.orgNTEE Category
Code: G20 - Disease
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