Overview
What is Alexander And Eva Nemeth Foundation Inc?
The Alexander And Eva Nemeth Foundation Inc, located in San Marcos, California, is a nonprofit organization with a focus on bettering the health of humans and the animals they care for. They primarily support researchers in the Pathology Department of Stanford University through program expenses and grants. Beyond this, the foundation is committed to addressing the needs of the local San Diego community, with a particular interest in the arts, youth, and essential human needs. The organization, with a small team of four employees, strives to make a positive impact in these areas.
Official website here: www.nemethfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)
The Alexander And Eva Nemeth Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, indicating some concerns regarding its overall accountability and financial practices. While the organization demonstrates strong governance with an independent board and no material diversion of assets, several areas such as whistleblower and document retention policies are lacking, which may raise questions about its operational transparency.
The foundation's accountability score reflects its commitment to best practices in certain governance areas, such as having an independent board and maintaining board meeting minutes. However, the failure to implement certain policies could expose the organization to risks that undermine donor confidence. The program expense ratio is commendable at 92%, suggesting that a significant portion of its resources is directed towards its mission-related activities.
Despite these strengths, the executive compensation raises some concerns, with the Executive Director earning a substantial salary of $194,250, which may appear disproportionate relative to the foundation's overall financial standing. This combination of high salaries and weaknesses in governance policies suggests that potential donors should proceed with caution and consider these factors when assessing their support for the foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Alexander And Eva Nemeth Foundation Inc legitimate?
Alexander And Eva Nemeth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexander And Eva Nemeth 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: $194,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,960
For more financial information, click here
Official website here: www.nemethfoundation.org
What is the mission statement of Alexander And Eva Nemeth Foundation Inc?
The Alexander And Eva Nemeth Foundation Inc is dedicated to enhancing the health of both humans and animals, while catering to the needs of the local community, particularly in the areas of arts, youth, and essential human necessities. The mission of this foundation is to improve the well-being of these sectors, promoting their growth and development. The organization supports scientists in the Pathology Department of Stanford University through program expenses and grants, contributing to medical research and advancements.
Official website here: www.nemethfoundation.org
Who is the CEO of Alexander And Eva Nemeth Foundation Inc?
William A Wurch is the Executive Director of Alexander And Eva Nemeth Foundation Inc.
Official website here: www.nemethfoundation.org
What is the revenue of Alexander And Eva Nemeth Foundation Inc?
Alexander And Eva Nemeth Foundation Inc's revenue in 2022 was $1,430,251.
Official website here: www.nemethfoundation.org
Who are the executives of Alexander And Eva Nemeth Foundation Inc and what are their salaries?
The average compensation at Alexander And Eva Nemeth Foundation Inc during 2022 was $97,552. There are 4 employees and 20 volunteers at Alexander And Eva Nemeth Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $194,250
- Related: $0
- Other: $0
- Compensation: $126,000
- Related: $0
- Other: $0
Official website here: www.nemethfoundation.org
Where can I find the form 990 for Alexander And Eva Nemeth Foundation Inc?
Alexander And Eva Nemeth Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nemethfoundation.org
Learn more at the official website: www.nemethfoundation.org
Mission Statement of Alexander And Eva Nemeth Foundation Inc
The Alexander And Eva Nemeth Foundation Inc is dedicated to enhancing the health of both humans and their beloved animals, while also addressing the needs of their local community in San Diego. With a focus on the arts, youth, and essential human needs, the Foundation works tirelessly to improve the lives of those in its vicinity.
In line with its mission, the Alexander And Eva Nemeth Foundation Inc supports scientists in the Pathology Department of Stanford University through program expenses and grants. By investing in medical research, the Foundation is contributing to the betterment of human health, aligning with its commitment to improving lives. Furthermore, the Foundation's involvement in the arts and youth initiatives reflects its dedication to nurturing and uplifting the local community, ensuring a vibrant and thriving future for all.
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Impact
July, 2024
The Alexander And Eva Nemeth Foundation Inc is making a significant impact by focusing on improving human and animal health as well as meeting the needs of the San Diego community. Through their support of scientists in Stanford University's Pathology Department, the foundation is contributing to advancements in medical research. Additionally, their focus on the arts, youth, and essential human needs demonstrates a commitment to enhancing the overall well-being of the community. This multi-faceted approach to philanthropy is helping to create a positive and lasting impact in San Diego and beyond.
This information is meant to be a general summary of Alexander And Eva Nemeth 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: $198
- Gross Receipts: $1,430,251
Assets and Liabilities:
- Total Assets: $151,107
- Total Liabilities: -$4,422
- Net Assets: $155,529
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Organization Details
Founding Year
2016
Phone
(760) 593-1116Principal Officer
William A Wurch
Main Address
100 E San Marcos Blvd, San Marcos, CA, 92069
Website
www.nemethfoundation.orgNTEE Category
Code: T90 - Philanthropy
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