Overview
What is Cmt Research Foundation Inc?
Cmt Research Foundation Inc is a nonprofit organization situated in Atlanta, Georgia, specifically at 4062 Peachtree Road A209. Their primary mission is to support innovative and effective Charcot-Marie-Tooth (CMT) research by collaborating with academic and industrial partners. The foundation's ultimate goal is to fund and accelerate the development of treatments and cures for CMT. With a dedicated team of five individuals, they invest solely in research projects that hold promise for delivering breakthroughs in the field, thereby working tirelessly to end the debilitating effects of CMT.
Official website here: www.cmtrf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Cmt Research Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in various areas of accountability and finance. The organization boasts a high Accountability & Finance Score of 97, indicating a well-managed financial operation. Notably, it maintains a low liabilities to assets ratio of 6.48% and a solid working capital ratio of 1.47 years, which suggests financial stability and an effective use of resources.
The charity's program expense ratio of 68.93% highlights its commitment to directing a significant portion of its funds towards its programs rather than administrative costs. Additionally, it shows exceptional fundraising efficiency with a ratio of just $0.19 spent to raise each dollar, which is indicative of effective fundraising strategies. The organization also excels in constituent feedback, achieving perfect scores in collection, usage, and general practices, demonstrating a strong emphasis on community engagement and responsiveness.
While the organization shows strengths in many areas, there is room for improvement in its Culture & Community Score of 83 and its Equity Strategies Score of 75. These scores suggest that while the foundation is effective in its operations, there may be opportunities to enhance its community impact and inclusivity further. Overall, Cmt Research Foundation Inc demonstrates a solid reputation and commitment to its mission, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cmt Research Foundation Inc legitimate?
Cmt Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmt Research 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: $695,417
Professional Fundraising Fees: $238,367
Other Salaries and Wages: $93,378
For more financial information, click here
Official website here: www.cmtrf.org
What is the mission statement of Cmt Research Foundation Inc?
The mission of Cmt Research Foundation Inc is centered around funding research aimed at discovering, developing, and applying treatments and cures for Charcot-Marie-Tooth (CMT). With a singular focus on this condition, the foundation exclusively supports promising and efficient research in this field. To achieve this goal, they establish strategic alliances with both academic and industry stakeholders, specifically focusing on drug delivery research. Their aim is to make significant strides in the fight against CMT, ultimately leading to improved patient outcomes.
Official website here: www.cmtrf.org
Who is the CEO of Cmt Research Foundation Inc?
Erich Fasnacht is the Founder & Chairman of Cmt Research Foundation Inc. The CEO's salary of Cmt Research Foundation Inc is $0 and their total compensation is $0.
Official website here: www.cmtrf.org
What is the revenue of Cmt Research Foundation Inc?
Cmt Research Foundation Inc's revenue in 2022 was $4,352,285.
Official website here: www.cmtrf.org
Who are the executives of Cmt Research Foundation Inc and what are their salaries?
The average compensation at Cmt Research Foundation Inc during 2022 was $157,759. There are 5 employees and 25 volunteers at Cmt Research Foundation Inc.
Here are 11 key members and their salaries (Cmt Research Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $155,808
- Related: $0
- Other: $25,544
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $201,200
- Related: $0
- Other: $3,290
- Compensation: $171,200
- Related: $0
- Other: $2,283
Official website here: www.cmtrf.org
Where can I find the form 990 for Cmt Research Foundation Inc?
Cmt Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmtrf.org
Learn more at the official website: www.cmtrf.org
Mission Statement of Cmt Research Foundation Inc
Cmt Research Foundation Inc, a nonprofit organization, is dedicated to a singular mission: funding research aimed at discovering, developing, and clinically applying treatments and cures for Charcot-Marie-Tooth (CMT). With a relentless focus on this neurological disorder, the foundation exclusively supports research that could potentially lead to breakthroughs in drug delivery. To achieve this goal, Cmt Research Foundation Inc forges strategic alliances with both academic and industry stakeholders. The organization's mission is fueled by the belief that collaborative efforts between various sectors are essential in overcoming the challenges posed by CMT and ultimately delivering a cure.
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Impact
July, 2024
Cmt Research Foundation Inc's impact is centered on funding research aimed at delivering treatments and cures to end Charcot-Marie-Tooth (CMT). Their exclusive focus on this mission sets them apart, as they strategically align with academic and industry stakeholders to support the most promising and efficient CMT research. By funding projects that lead to the discovery, development, and clinical application of treatments and cures for CMT, this organization plays a crucial role in advancing medical research in the field.
This information is meant to be a general summary of Cmt Research 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: $3,127
- Gross Receipts: $4,437,269
Assets and Liabilities:
- Total Assets: $3,915,699
- Total Liabilities: $75,056
- Net Assets: $3,840,643
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Organization Details
Founding Year
2018
Phone
(404) 806-7180Principal Officer
Erich Fasnacht
Main Address
4062 Peachtree Road A209, Atlanta, GA, 30319
Website
www.cmtrf.orgNTEE Category
Code: H50 - Medical research
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