Overview
What is The Orthodontic Foundation Inc?
The Orthodontic Foundation Inc, based in Houston, Texas, is a dedicated nonprofit organization that supports the advancement of orthodontics. Their primary focus is on promoting clinical research and publishing in the field, as well as funding educational activities at the University of Texas orthodontics department. They achieve this by providing facilities, equipment, research projects, guest speakers, seminars, and various other endeavors. They have shown commitment to this cause by making contributions of $39,134 to aid 22 students in attending testing sessions and seminars, enabling them to better learn advanced orthodontic techniques.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
The Orthodontic Foundation Inc has received a low overall score primarily due to its lack of transparency in financial reporting, which is crucial for donor confidence. While the organization does have a fully independent board and a favorable liabilities to assets ratio, significant areas such as financial statements and various governance policies are missing, severely impacting its rating.
Strengths of the organization include having a majority of independent board members and documented meeting minutes, showing some level of governance. However, the absence of financial statements and key policies like conflict of interest and whistleblower protections raises concerns about its operational integrity and accountability.
Moreover, the program expense ratio indicates that a relatively small portion of its funds are directed towards its programs, further questioning its effectiveness in fulfilling its mission. Overall, the organization's low score reflects serious deficiencies in financial transparency and governance, which potential donors should consider before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is The Orthodontic Foundation Inc legitimate?
The Orthodontic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orthodontic 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: $0
For more financial information, click here
What is the mission statement of The Orthodontic Foundation Inc?
The Orthodontic Foundation Inc's mission is centered around promoting advancements in the field of orthodontics. They accomplish this through conducting clinical research, publishing findings, and supporting educational activities at the University of Texas orthodontics department. This is achieved by providing necessary facilities, equipment, funding for research projects, inviting guest speakers, organizing seminars, and engaging in various endeavors. The foundation's primary goal is to foster growth in the art and science of orthodontics, ultimately benefiting the broader orthodontic community. In addition, they provide financial assistance to students, enabling them to attend testing sessions and seminars to enhance their understanding of advanced orthodontic techniques.
What is the revenue of The Orthodontic Foundation Inc?
The Orthodontic Foundation Inc's revenue in 2023 was $120,321.
Who are the executives of The Orthodontic Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Orthodontic Foundation Inc?
The Orthodontic Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Orthodontic Foundation Inc
The Orthodontic Foundation Inc is committed to promoting advancements in the field of orthodontics by supporting clinical research and publishing efforts. Their mission is twofold: firstly, they aim to fund educational activities at the University of Texas orthodontics department. This involves providing necessary facilities, equipment, and resources for research projects, as well as inviting guest speakers and organizing seminars. Secondly, they endeavor to encourage the development of orthodontic techniques by sponsoring the travel, fees, and expenses of students who attend testing sessions and seminars. Through these initiatives, The Orthodontic Foundation Inc seeks to contribute to the expansion of knowledge and skills in the field of orthodontics.
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Impact
July, 2024
The Orthodontic Foundation Inc has a significant impact on the field of orthodontics by fostering advancements in the art and science of orthodontics through clinical research and publishing. They also support educational activities at the University of Texas orthodontics department by providing facilities, equipment, funding research projects, inviting guest speakers, organizing seminars, and other endeavors. As part of their commitment to furthering orthodontics education, the organization has made contributions to 22 students totaling $39,134. These funds have been used for travel, fees, and expenses related to attending testing sessions and seminars to enhance their understanding of advanced orthodontic techniques. The Orthodontic Foundation Inc plays a crucial role in supporting the education and professional development of future orthodontists, thereby contributing to the overall advancement of the field.
This information is meant to be a general summary of The Orthodontic 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: $87,927
- Gross Receipts: $120,321
Assets and Liabilities:
- Total Assets: $3,942,211
- Total Liabilities: $0
- Net Assets: $3,942,211
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Organization Details
Founding Year
1998
Principal Officer
Dr Samuel A Winkelmann
NTEE Category
Code: B99Z - Education
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