Overview
What is The Ryan Foundation Inc?
The Ryan Foundation Inc, a nonprofit organization, is committed to addressing the deadly genetic disease Mucopolysaccharidosis. Based on the provided information, they primarily fund research and experimentation to uncover a potential cure for this condition, while simultaneously aiding its affected victims. Their mission extends beyond just financial support, as they also advocate for rare diseases and contribute to research science. This nonprofit's efforts aim to improve the lives of those impacted by Mucopolysaccharidosis, making a significant impact in the field of genetic diseases.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating
The Ryan Foundation Inc has received a 60% rating from Charity Navigator, reflecting some concerns regarding its accountability and financial practices. The organization has a strong program expense ratio of 92.78%, indicating that a significant portion of its funds is directed toward its programs. However, the foundation has a concerning lack of independent board members, which may affect governance and oversight.
While the organization has a conflict of interest policy in place, it falls short in several critical areas, including the absence of a whistleblower policy, document retention and destruction policies, and a missing website listed on its tax form. These shortcomings contribute to its lower accountability score, which is essential for donor trust and transparency.
Despite these issues, the Ryan Foundation shows no material diversion of assets and maintains a favorable liabilities to assets ratio of 0.68%. Moving forward, addressing the gaps in governance and policy documentation could enhance its accountability and overall rating on Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is The Ryan Foundation Inc legitimate?
The Ryan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ryan Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of The Ryan Foundation Inc?
The Ryan Foundation Inc's mission is centered around funding research and experimentation to discover a cure for the life-threatening genetic disease Mucopolysaccharidosis. Beyond this, they also offer support to those affected by the condition. Their activities encompass backing scientific research and advocating for the recognition and resources for rare diseases.
Who is the CEO of The Ryan Foundation Inc?
Mark Dant is the President of The Ryan Foundation Inc.
What is the revenue of The Ryan Foundation Inc?
The Ryan Foundation Inc's revenue in 2022 was $37,854.
Who are the executives of The Ryan Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for The Ryan Foundation Inc?
The Ryan Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Ryan Foundation Inc
The Ryan Foundation, a renowned organization, is dedicated to combating the devastating genetic disease known as Mucopolysaccharidosis. Recognizing the fatal nature of this condition, the foundation invests in research and experimentation expenses with the ultimate goal of discovering a life-saving cure. Beyond its scientific endeavors, The Ryan Foundation extends its support to individuals affected by this rare disease. Its mission is multifaceted, encompassing not only the funding of scientific research but also advocating for increased awareness and resources directed towards rare diseases. By backing research science and championing the cause of those afflicted, The Ryan Foundation works tirelessly to bring hope and potential solutions to those living with Mucopolysaccharidosis.
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Impact
August, 2024
The Ryan Foundation Inc's impact extends far beyond the walls of its office in Louisville, KY. By funding research and experimentation expenses to discover a cure for the deadly genetic disease Mucopolysaccharidosis, the foundation is providing hope to those affected by this devastating condition. Additionally, the foundation's advocacy for rare diseases is amplifying the voices of individuals who often go unnoticed in the healthcare landscape. Through its programs supporting research science and assisting victims, The Ryan Foundation Inc is making a tangible difference in the lives of those impacted by Mucopolysaccharidosis and other rare diseases.
This information is meant to be a general summary of The Ryan 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: $16,040
- Gross Receipts: $37,854
Assets and Liabilities:
- Total Assets: $264,025
- Total Liabilities: $3,595
- Net Assets: $260,430
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Organization Details
Phone
(214) 783-0327Principal Officer
Mark Dant
Main Address
2321 BRADFORD DRIVE, LOUISVILLE, KY, 40218
NTEE Category
Code: T21 - Philanthropy
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