Overview
What is Carti Foundation Inc?
Carti Foundation Inc, based in Little Rock, Arkansas, primarily serves to support and enhance the activities of Central Arkansas Radiation Therapy Institute, Inc. (CARTI). The Foundation's primary objective is to advance CARTI's mission, which is to provide comprehensive healthcare services for cancer patients. The Foundation funds various patient assistance and outreach programs, as well as several of CARTI's programs, equipment, and capital needs. In essence, the Carti Foundation Inc plays a crucial role in improving the quality of life for the over 34,000 patients treated annually at CARTI.
Official website here: www.carti.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Carti Foundation Inc has achieved an impressive rating of 97%, reflecting a strong commitment to accountability and financial management. This exceptional score highlights the organization's effective oversight, with a complete emphasis on financial practices, showcasing a well-organized structure that prioritizes transparency.
Key strengths of the Carti Foundation include a fully independent board, with 90% of its members being independent, ensuring diverse governance. The organization also scores perfectly in various categories such as financial statements, material diversion of assets, and adherence to conflict of interest policies. High program expense ratios indicate that a significant portion of their funds is directed toward their mission, enhancing their impact within the community.
While the foundation's financial standing is robust, with a low liabilities-to-assets ratio and excellent fundraising efficiency, it remains essential for stakeholders to monitor ongoing performance. Overall, the Carti Foundation Inc demonstrates a solid operational framework, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Carti Foundation Inc legitimate?
Carti Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carti 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: $245,330
For more financial information, click here
Official website here: www.carti.com
What is the mission statement of Carti Foundation Inc?
The mission of Carti Foundation Inc., as stated, is to promote and encourage the objectives of its affiliated organizations, Central Arkansas Radiation Therapy Institute, Inc. and CARTI Cancer Centers, Inc. The primary goal of this foundation is to sponsor and aid these organizations in their pursuit of providing healthcare services to cancer patients. By fostering their activities and purposes, the Carti Foundation Inc. aims to advance the shared objective of delivering healthcare to individuals battling cancer.
Official website here: www.carti.com
Who is the CEO of Carti Foundation Inc?
Adam Head - Ex-Officio is the CEO of Carti Foundation Inc The CEO's salary of Carti Foundation Inc is $0 and their total compensation is $677,337.
Official website here: www.carti.com
What is the revenue of Carti Foundation Inc?
Carti Foundation Inc's revenue in 2023 was $3,539,407.
Official website here: www.carti.com
Who are the executives of Carti Foundation Inc and what are their salaries?
There 21 volunteers at Carti Foundation Inc.
Here are 27 key members and their salaries (Carti Foundation Inc's CEO's salary is $0 and their total compensation is $677,337):
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- Related: $85,184
- Other: $24,096
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- Related: $202,480
- Other: $6,769
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- Related: $402,222
- Other: $14,970
- Compensation: $0
- Related: $115,558
- Other: $22,724
Official website here: www.carti.com
Where can I find the form 990 for Carti Foundation Inc?
Carti Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carti.com
Learn more at the official website: www.carti.com
Mission Statement of Carti Foundation Inc
The Carti Foundation Inc is committed to promoting and facilitating the objectives of its affiliated entities, Central Arkansas Radiation Therapy Institute, Inc. and CARTI Cancer Centers, Inc. This mission-driven organization aims to provide sponsorship and support to these nonprofits, with the ultimate goal of advancing their primary objective: offering healthcare services to individuals battling cancer. By fostering these entities' activities and purposes, the Carti Foundation Inc plays a significant role in empowering them to deliver essential care to cancer patients, thereby contributing to their overall well-being and recovery.
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Impact
July, 2024
Carti Foundation Inc's impact is significant, as it plays a crucial role in supporting CARTI in advancing its objectives to provide health services to cancer patients. The foundation funds patient assistance and outreach programs, as well as many of CARTI's program, equipment, and capital needs. By doing so, the foundation directly benefits and enhances the quality of life for approximately 34,000 patients treated by CARTI each year in LITTLE ROCK, AR. The foundation's commitment to supporting cancer patients aligns with its mission to foster, support, and encourage the healthcare services provided by CARTI.
This information is meant to be a general summary of Carti 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 2023.
- Investment Income: $103,133
- Gross Receipts: $3,539,478
Assets and Liabilities:
- Total Assets: $7,015,252
- Total Liabilities: $231,552
- Net Assets: $6,783,700
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Organization Details
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