Overview
What is The Redbone Inc?
The Redbone Inc, a nonprofit organization situated in Islamorada, Florida, is devoted to combating Cystic Fibrosis. Through its programs, The Redbone conducts extensive research and provides treatment for this disease. Their primary mission is to contribute to the advancement of knowledge and medical interventions related to Cystic Fibrosis, ultimately aiming to improve the lives of those affected by this condition.
Official website here: www.redbone.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Redbone Inc has achieved a high rating of 97% from Charity Navigator, indicating strong accountability and financial health. This rating reflects a perfect score in multiple areas, including a fully independent board and no material diversion of assets. Additionally, the charity maintains a healthy liabilities-to-assets ratio and a substantial program expense ratio, suggesting that a significant portion of its revenue is dedicated to its mission.
However, user feedback from Great Nonprofits presents a contrasting view. A review from a member of the public criticized the organization for allocating less than 9% of its revenue towards cystic fibrosis in 2012, suggesting that donors may find better alternatives for direct contributions. This discrepancy raises questions about the effectiveness and impact of the charity despite its strong financial ratings.
Overall, while The Redbone Inc demonstrates commendable financial practices and governance, it faces critical feedback regarding its program spending. Potential donors may want to consider both the positive evaluations from financial metrics and the concerns raised by past supporters before making contributions.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Redbone Inc legitimate?
The Redbone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Redbone 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: $27,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,220
For more financial information, click here
Official website here: www.redbone.org
What is the mission statement of The Redbone Inc?
The Redbone Inc is dedicated to all aspects of research and treatment for Cystic Fibrosis. Their mission encompasses conducting extensive studies and providing relevant treatments for this disease. Through their initiatives, they aim to make significant strides in understanding and managing Cystic Fibrosis. The organization's focus is solely on advancing the field of Cystic Fibrosis research and care.
Official website here: www.redbone.org
Who is the CEO of The Redbone Inc?
Susan Ellis is the Secretary-Treasurer of The Redbone Inc.
Official website here: www.redbone.org
What is the revenue of The Redbone Inc?
The Redbone Inc's revenue in 2022 was $169,868.
Official website here: www.redbone.org
Who are the executives of The Redbone Inc and what are their salaries?
The average compensation at The Redbone Inc during 2022 was $14,907. There are 3 employees and 5 volunteers at The Redbone Inc.
Here are 6 key members and their salaries:
- Compensation: $27,500
- Related: $0
- Other: $0
- Compensation: $7,350
- 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.redbone.org
Where can I find the form 990 for The Redbone Inc?
The Redbone Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redbone.org
Learn more at the official website: www.redbone.org
Mission Statement of The Redbone Inc
The Redbone Inc, a nonprofit organization, is dedicated to the mission of conducting extensive research and providing treatment for Cystic Fibrosis. Their primary focus is on advancing knowledge and finding effective solutions for individuals affected by this debilitating disease. Through their programs, they aim to make a significant impact in the field of Cystic Fibrosis treatment, offering hope and improving the quality of life for affected individuals.
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Impact
October, 2024
The Redbone Inc significantly impacts the research and treatment of Cystic Fibrosis, driving forward innovative approaches to manage and understand this challenging disease. Through its dedicated programs, The Redbone Inc fosters advancements in treatment methodologies, helping to improve the quality of life for those affected by Cystic Fibrosis. Located in Islamorada, FL, the organization plays a pivotal role in generating awareness, funding research initiatives, and supporting clinical trials that enhance therapeutic options. By mobilizing resources and expertise, The Redbone Inc not only contributes to scientific discovery but also empowers individuals and families navigating the complexities of Cystic Fibrosis, making a meaningful difference in the lives of many.
This information is meant to be a general summary of The Redbone 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: $19
- Program Service Revenue: $98,017
- Gross Receipts: $169,868
Assets and Liabilities:
- Total Assets: $317,208
- Total Liabilities: $75,989
- Net Assets: $241,219
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Organization Details
Founding Year
1989
Phone
(305) 664-8452Principal Officer
Susan Ellis
Main Address
P O Box 273, Islamorada, FL, 33036
Website
www.redbone.orgNTEE Category
Code: G20 - Disease
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