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Rita Foundation

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

EIN: 731706204 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rita Foundation?

The Rita Foundation, located in Houston, Texas, is a nonprofit organization primarily engaged in medical research. Specifically, their focus is on therapeutic medicine, utilizing radioactive materials with therapeutic characteristics to deliver targeted radiation for treating diseases. In addition, the Rita Foundation offers cancer screenings through mammograms, contributing to the broader field of healthcare.


Official website here: www.ritafoundationhouston.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating.

The Rita Foundation has received a commendable score of 87%, reflecting its strong performance in accountability and finance. This rating emphasizes the charity's commitment to transparency and responsible management, as the overall score is derived solely from its Accountability & Finance metrics, which are well-aligned with industry best practices.

The organization exhibits notable strengths, including a fully independent board, with 66% of its members classified as independent, and no material diversion of assets, both of which contribute to its perfect score in governance. Additionally, the foundation has established effective policies regarding conflicts of interest, whistleblower protections, and document retention, further enhancing its credibility.

However, while the ratings highlight strong financial management, there is limited information available regarding its programmatic impact or outreach effectiveness, which would provide a more comprehensive view of the foundation's overall effectiveness in fulfilling its mission.


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

Is Rita Foundation legitimate?

Rita Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rita 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ritafoundationhouston.org

What is the mission statement of Rita Foundation?

The Rita Foundation is dedicated to conducting medical research in the field of therapeutic nuclear medicine. This type of research involves utilizing radioactive materials with therapeutic characteristics to deliver targeted radiation, aiming to treat various diseases. Furthermore, the foundation is engaged in providing cancer screening services through mammograms. In essence, the Rita Foundation's mission is to advance the understanding and application of therapeutic medicine for disease treatment and early disease detection.


Official website here: www.ritafoundationhouston.org

What is the revenue of Rita Foundation?

Rita Foundation's revenue in 2024 was $8,071.


Official website here: www.ritafoundationhouston.org

Who are the executives of Rita Foundation and what are their salaries?

There 3 volunteers at Rita Foundation.

Here are 3 key members and their salaries:


Azar Delpassand (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nasrin Hakim (Vp / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Cork (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ritafoundationhouston.org

Where can I find the form 990 for Rita Foundation?

Rita Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ritafoundationhouston.org

Learn more at the official website: www.ritafoundationhouston.org

Mission Statement of Rita Foundation

The Rita Foundation, as established, is dedicated to conducting medical research in the field of therapeutic nuclear medicine. This unique area of study involves the use of radioactive materials with therapeutic characteristics, aiming to deliver targeted radiation to treat various diseases. Beyond this, the organization also provides cancer screening services through Memmograms. In simpler terms, the Rita Foundation is committed to advancing medical knowledge in the realm of therapeutic medicine, with the ultimate goal of developing innovative treatments for various ailments, including cancer.

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Impact




August, 2024

The Rita Foundation's impact lies in its commitment to conducting medical research in the field of therapeutic nuclear medicine. By using radioactive materials with therapeutic characteristics to deliver targeted radiation for treating diseases, the foundation is at the forefront of advancing innovative treatment options. Additionally, the foundation provides cancer screening services through mammograms, contributing to early detection and prevention efforts. Through its focus on medical research and cancer screening, the Rita Foundation plays a crucial role in improving healthcare outcomes and the quality of life for individuals in need.




This information is meant to be a general summary of Rita 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.

Revenue
$8,071 (2024)
Expenses
$16,065 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $8,071

Assets and Liabilities:

  • Total Assets: $809,490
  • Total Liabilities: $0
  • Net Assets: $809,490

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Organization Details

Founding Year

2005

Principal Officer

Azar Delpassand

NTEE Category

Code: H30 - Medical research

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