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Morgan Hoffmann Foundation

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

EIN: 824228151 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Morgan Hoffmann Foundation?

The Morgan Hoffmann Foundation, based in Cleveland, Ohio, is a nonprofit organization dedicated to combating muscular dystrophy. They achieve this goal through intensive medical research and the establishment of health and wellness centers. Last year, they reported a revenue of $566,084. Their mission is to spearhead advancements in finding a cure for muscular dystrophy and enhance overall health and well-being for those affected.

Is Morgan Hoffmann Foundation legitimate?

Morgan Hoffmann Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Hoffmann 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: $14,902
Other Salaries and Wages: $94,746

For more financial information, click here

What is the mission statement of Morgan Hoffmann Foundation?

The Morgan Hoffmann Foundation is dedicated to leading the pursuit of a cure for muscular dystrophy. This is accomplished through extensive research and the establishment of health and wellness centers. The organization's primary goal is to find a solution to muscular dystrophy, aiming to improve the lives of those affected by this condition. The foundation also focuses on promoting health and wellness, further supporting individuals and families impacted by muscular dystrophy.

What is the revenue of Morgan Hoffmann Foundation?

Morgan Hoffmann Foundation's revenue in 2023 was $406,131.

Who are the executives of Morgan Hoffmann Foundation and what are their salaries?

Here are 3 key members and their salaries:


Morgan Hoffman (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Colvard (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Lightner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morgan Hoffmann Foundation?

Morgan Hoffmann Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Morgan Hoffmann Foundation

The Morgan Hoffmann Foundation is dedicated to leading the charge in the pursuit of a cure for muscular dystrophy. This is achieved through two primary avenues: conducting extensive medical research and establishing health and wellness centers. The organization's mission is to make significant strides in understanding and combating muscular dystrophy, ultimately aiming to find a cure for this debilitating condition. Additionally, the foundation's efforts extend to setting up health and wellness centers, providing resources and support to individuals affected by muscular dystrophy, helping them to manage their condition and improve their overall well-being.

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Impact




October, 2024

The Morgan Hoffmann Foundation is dedicated to advancing the search for a cure for muscular dystrophy through comprehensive medical research and the establishment of health and wellness centers. Based in Cleveland, Ohio, the foundation focuses on innovative research initiatives that aim to improve treatment options and quality of life for individuals affected by muscular dystrophy. By raising significant funds, such as $566,084 last year, the foundation reinforces its commitment to enhancing medical knowledge and providing vital support services, fostering a community centered on health and wellness. The foundation's efforts play a critical role in the ongoing battle against this challenging disease.




This information is meant to be a general summary of Morgan Hoffmann 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
$406,131 (2023)
Expenses
$287,123 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $721
  • Gross Receipts: $987,638

Assets and Liabilities:

  • Total Assets: $2,050,008
  • Total Liabilities: $2,886
  • Net Assets: $2,047,122

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Organization Details

Founding Year

2018

Principal Officer

Morgan Hoffmann

NTEE Category

Code: G12 - Disease

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