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Bay Area Advisors Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562633532 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bay Area Advisors Inc?

Bay Area Advisors Inc is a nonprofit organization situated in Tampa, Florida. Their primary mission involves sponsoring and coordinating an annual charity event, named Martinis for Moffitt. This fundraising event aims to raise funds and awareness for the Moffitt Cancer Center located in Tampa, Florida. By participating in this event, Bay Area Advisors Inc contributes to cancer research and support services, helping to advance medical understanding and treatments for cancer patients.


Official website here: www.bayareaadvisors.org/martinisformof

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Bay Area Advisors Inc has achieved a high score of 90%, which translates to a prestigious Four-Star rating, reflecting strong performance in accountability and finance. This rating is based solely on their financial practices, indicating a solid foundation for the organization. The most recent evaluation covers the fiscal year 2022, highlighting the charity's commitment to transparency and sound management practices.

The organization demonstrates exemplary governance with a fully independent board, comprising 19 members, earning perfect scores for both board independence and size. Additionally, it has shown no material diversion of assets and maintains an excellent ratio of program expenses, allocating nearly 90% of its resources directly to programs, which speaks to its operational efficiency and dedication to its mission.

However, a notable gap in their policies is the absence of a whistleblower policy, which could enhance their ethical framework and safeguard against potential misconduct. Despite this limitation, the overall financial health and strong governance practices position Bay Area Advisors Inc as a responsible and trustworthy nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Bay Area Advisors Inc legitimate?

Bay Area Advisors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Area Advisors 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


Official website here: www.bayareaadvisors.org/martinisformof

What is the mission statement of Bay Area Advisors Inc?

Bay Area Advisors Inc plays an active role in supporting cancer research by sponsoring and coordinating an annual charity event. The primary objective of this event, known as the Martinis for Moffitt fundraiser, is to raise funds and increase awareness for the work carried out at the Moffitt Cancer Center. By organizing this event, Bay Area Advisors Inc contributes to the ongoing research efforts and helps advance the fight against cancer. The company's involvement in this event underscores its commitment to supporting crucial medical research and contributing to the broader community.


Official website here: www.bayareaadvisors.org/martinisformof

Who is the CEO of Bay Area Advisors Inc?

Adam Woodruff is the President of Bay Area Advisors Inc.


Official website here: www.bayareaadvisors.org/martinisformof

What is the revenue of Bay Area Advisors Inc?

Bay Area Advisors Inc's revenue in 2021 was $83,108.


Official website here: www.bayareaadvisors.org/martinisformof

Who are the executives of Bay Area Advisors Inc and what are their salaries?


Here are 2 key members and their salaries:


Brenden Crampton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Woodruff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bayareaadvisors.org/martinisformof

Where can I find the form 990 for Bay Area Advisors Inc?

Bay Area Advisors Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.bayareaadvisors.org/martinisformof

Learn more at the official website: www.bayareaadvisors.org/martinisformof

Mission Statement of Bay Area Advisors Inc

Bay Area Advisors Inc is committed to making a significant impact in the fight against cancer. As a key player, the organization sponsors and coordinates an annual charity event. This event, known as Martini's for Moffitt, serves two primary purposes: raising funds and generating awareness for the groundbreaking work carried out at the Moffitt Cancer Center in Tampa, Florida. By organizing this event, Bay Area Advisors Inc plays a vital role in supporting the center's ongoing research and efforts to combat cancer.

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Impact




October, 2024

Bay Area Advisors Inc significantly impacts the community by organizing and sponsoring the annual Martinis for Moffitt fundraising event, which raises essential funds and awareness for the Moffitt Cancer Center in Tampa, Florida. This event not only generates financial support for cutting-edge cancer research but also engages the local community in dialogue about the importance of cancer research and treatment advancements. By coordinating this high-profile event, Bay Area Advisors Inc fosters connections among donors, researchers, and the general public, contributing to a broader understanding of cancer challenges and innovations. The organization’s commitment to supporting medical research is instrumental in driving progress in cancer treatment and ultimately improving patient outcomes.




This information is meant to be a general summary of Bay Area Advisors 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.

Revenue
$83,108 (2021)
Expenses
$16,090 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $31
  • Gross Receipts: $163,731

Assets and Liabilities:

  • Total Assets: $125,770
  • Total Liabilities: $0
  • Net Assets: $125,770

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Organization Details

Principal Officer

Adam Woodruff

Main Address

PO BOX 10066, TAMPA, FL, 33679

NTEE Category

Code: H11 - Medical research

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