Overview
What is Gene Duffy Foundation Inc?
Gene Duffy Foundation Inc, based in Georgetown, Kentucky, is a nonprofit organization with a mission to promote education and research on drug and alcohol addiction. They strive to offer financial assistance to individuals seeking treatment, aiming to provide support and resources for those battling these addictions. The foundation's work extends beyond just providing aid, as it also emphasizes the importance of education and research to better understand and address substance abuse issues effectively.
Official website here: www.duffyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Gene Duffy Foundation Inc has received a zero-star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial health. With an overall score of 46%, the organization struggles particularly in key areas such as conflict of interest and whistleblower policies, which received no points. Despite having a fully independent board, other governance practices appear lacking.
While the foundation does have strengths in board independence and material diversion of assets, the financial metrics raise red flags. The organization scored poorly on its liabilities to assets ratio, suggesting potential financial instability. Additionally, its program expense ratio indicates that a limited portion of its expenditures is directed towards its intended mission.
Overall, the Gene Duffy Foundation Inc's governance practices and financial management need substantial improvement to build trust and ensure effective operations. The lack of transparency and weak financial performance could hinder its ability to attract support or achieve its charitable goals.
This AI summary has been generated from information found on Charity Navigator.
Is Gene Duffy Foundation Inc legitimate?
Gene Duffy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gene Duffy 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
Official website here: www.duffyfoundation.org
What is the mission statement of Gene Duffy Foundation Inc?
The Gene Duffy Foundation Inc is dedicated to advancing education and research on drug and alcohol addiction, as well as providing financial assistance to those seeking treatment. Their mission is geared towards promoting awareness and understanding about addiction, while offering support to individuals seeking recovery. They aim to make treatment more accessible for those in need.
Official website here: www.duffyfoundation.org
Who is the CEO of Gene Duffy Foundation Inc?
Michael Duffy is the Director of Gene Duffy Foundation Inc.
Official website here: www.duffyfoundation.org
What is the revenue of Gene Duffy Foundation Inc?
Gene Duffy Foundation Inc's revenue in 2021 was $100.
Official website here: www.duffyfoundation.org
Who are the executives of Gene Duffy Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.duffyfoundation.org
Where can I find the form 990 for Gene Duffy Foundation Inc?
Gene Duffy Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.duffyfoundation.org
Learn more at the official website: www.duffyfoundation.org
Mission Statement of Gene Duffy Foundation Inc
The Gene Duffy Foundation Inc, a non-profit organization, is dedicated to promoting education and conducting research about drug and alcohol addiction. Its primary mission is to provide financial assistance to individuals seeking treatment for these addictions. By doing so, the Foundation aims to help those in need overcome their struggles with substance abuse and lead healthier, more fulfilling lives.
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Impact
June, 2024
The Gene Duffy Foundation Inc's impact lies in its dedication to promoting education and research about drug and alcohol addiction while also providing vital financial assistance to individuals seeking treatment. By focusing on addressing the complexities of addiction and supporting those in need of help, the foundation plays a crucial role in raising awareness, facilitating research, and making a tangible difference in the lives of individuals struggling with substance abuse. Through its mission-driven approach, the foundation contributes positively to mental health outcomes and the overall well-being of communities, particularly in Georgetown, KY.
This information is meant to be a general summary of Gene Duffy 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 2021.
- Program Service Revenue: $100
- Gross Receipts: $100
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $971,788
- Net Assets: -$971,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$100
Organization Details
Founding Year
2013
Phone
(859) 566-6708Principal Officer
Michael Duffy
Main Address
110 LOCH LOMOND DR, GEORGETOWN, KY, 40324
Website
www.duffyfoundation.orgNTEE Category
Code: F20 - Mental health
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