Overview
What is Human Age Reversal Project Inc?
Human Age Reversal Project Inc, located in Fort Lauderdale, Florida, is a nonprofit organization dedicated to funding research aimed at evaluating therapies that could potentially slow or even reverse the symptoms of aging. Their primary objective is to contribute to the betterment of humanity as a whole, with a focus on extending the healthy human lifespan. They collect public contributions, which are then invested in high-interest-bearing securities to ensure ample resources for funding direct research expenses related to human clinical trials, diagnostic tests, medications, professional fees, and related costs. Despite the delays in FDA approvals, no funds were expended in 2022.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%
The Human Age Reversal Project Inc has received a very low rating of 40%, resulting in a Zero-Star out of Four Stars designation. This score is based entirely on its Accountability & Finance metrics, which indicates potential concerns about the organization's financial operations and program effectiveness. While the charity has strong governance elements, such as having a fully independent board and a solid conflict of interest policy, these strengths are overshadowed by its financial performance.
One positive aspect highlighted is the charity's commitment to transparency, evidenced by the documentation of board meeting minutes and the absence of any material diversions of assets. However, the organization scored poorly on financial ratios, particularly showing a 0% program expense ratio, which suggests that it may not be effectively using its funds towards its mission-related programs.
Overall, the lack of financial efficiency raises questions about the charity’s operational effectiveness and its ability to deliver on its commitments. Potential donors and supporters may want to consider these factors carefully before engaging with or funding the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Human Age Reversal Project Inc legitimate?
Human Age Reversal Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Human Age Reversal Project 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 Human Age Reversal Project Inc?
The Human Age Reversal Project Inc's mission is centered around supporting scientific research for the betterment of humanity. Their primary objective is to extend the healthy human lifespan. To achieve this, they solicit public support to fund research, evaluating potential therapies that could slow or even reverse aging symptoms. The funds collected are invested in short-term securities to ensure sufficient resources for direct research expenses, such as clinical trials, diagnostic tests, medications, and professional fees. Regrettably, due to FDA approval delays, no funds were expended in 2022.
Who is the CEO of Human Age Reversal Project Inc?
Chancellor Faloon is the Director of Human Age Reversal Project Inc.
What is the revenue of Human Age Reversal Project Inc?
Human Age Reversal Project Inc's revenue in 2022 was $75,958.
Who are the executives of Human Age Reversal Project Inc and what are their salaries?
There 20 volunteers at Human Age Reversal Project Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Human Age Reversal Project Inc?
Human Age Reversal Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Human Age Reversal Project Inc
Human Age Reversal Project Inc, a nonprofit organization, is dedicated to supporting scientific research with the primary objective of extending the healthy human lifespan for the benefit of all humankind. The organization's mission involves soliciting public support to fund research, with the aim of evaluating the effectiveness of potential therapies that could potentially slow or even reverse the symptoms of aging. The contributions received by the organization are strategically invested in high-interest-bearing short-term securities to ensure a steady flow of funds for covering the costs associated with human clinical trials, including diagnostic tests, medications, professional fees, and other related expenses. Despite delays in securing FDA approvals, the organization has remained committed to its mission, although no funds were expended for research in 2022.
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Impact
August, 2024
The Human Age Reversal Project Inc is focused on supporting scientific research aimed at extending the healthy human lifespan. Through soliciting public support and funding potential therapies that may slow or reverse the symptoms of aging, the organization plays a crucial role in advancing medical research in this field. By investing contributions in high-interest-bearing securities to fund human clinical trials and other related expenses, the organization is actively contributing towards the development of innovative treatments that could potentially revolutionize healthcare and improve the quality of life for individuals.
This information is meant to be a general summary of Human Age Reversal Project 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: $18,398
- Gross Receipts: $75,958
Assets and Liabilities:
- Total Assets: $1,106,345
- Total Liabilities: $0
- Net Assets: $1,106,345
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Organization Details
Founding Year
2018
Principal Officer
Chancellor Faloon
Main Address
3600 W COMMERCIAL BLVD, FORT LAUDERDALE, FL, 333093338
NTEE Category
Code: H00 - Medical research
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