Overview
What is Bmore Incorporated?
Bmore Incorporated is a nonprofit organization based in Greenwich, Connecticut, at 15 East Putnam Avenue 413. Their primary mission is to contribute to the public interest by championing alternative health treatments and solutions related to medical and scientific research, particularly in the field of substance abuse disorders. They accomplish this by collaborating with renowned institutions such as New York University and other universities, collegiate programs, and research organizations. Their goal is to conduct multi-site trials with the aim of making innovative substance abuse disorder medicines more accessible to the general public.
Official website here: www.bmoreinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
Bmore Incorporated has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 83%. This rating suggests that the organization is effectively managing its resources and is committed to transparency and ethical practices. The rating is entirely based on its accountability and finance metrics, indicating a focused evaluation on these aspects.
The organization has demonstrated excellent governance practices, as evidenced by having a board composed entirely of independent members and a strong compliance record with no material diversion of assets. Bmore Incorporated maintains a high program expense ratio of 90.70%, highlighting that a substantial portion of its funds is allocated directly to its programs, which is a positive indicator for donors looking for impactful contributions. Furthermore, the organization has documented policies on conflict of interest and has maintained meeting minutes, showcasing its commitment to accountability.
However, there are some areas for improvement, as Bmore Incorporated is missing certain policies, specifically a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance its governance framework further and improve its overall accountability score. Overall, the organization presents a trustworthy option for donors seeking to support nonprofits with a focus on responsible management and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Bmore Incorporated legitimate?
Bmore Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bmore Incorporated 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.bmoreinc.org
What is the mission statement of Bmore Incorporated?
Bmore Incorporated is committed to engaging in charitable activities, with a primary focus on medical and scientific research. Their mission is to contribute to the treatment of substance abuse disorders. They achieve this by promoting alternative health solutions and conducting multi-site trials in collaboration with renowned institutions such as New York University, universities, collegiate programs, and other scientific and research organizations. The ultimate goal is to make novel medicines for substance abuse disorders more accessible to the public in the public interest.
Official website here: www.bmoreinc.org
Who is the CEO of Bmore Incorporated?
Carey Turnbull is the Director of Bmore Incorporated.
Official website here: www.bmoreinc.org
What is the revenue of Bmore Incorporated?
Bmore Incorporated's revenue in 2022 was $1,126,349.
Official website here: www.bmoreinc.org
Who are the executives of Bmore Incorporated and what are their salaries?
There 4 volunteers at Bmore Incorporated.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.bmoreinc.org
Where can I find the form 990 for Bmore Incorporated?
Bmore Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bmoreinc.org
Learn more at the official website: www.bmoreinc.org
Mission Statement of Bmore Incorporated
Bmore Incorporated, a nonprofit organization, is committed to engaging in charitable activities, with a primary focus on medical and scientific research. Its mission is to contribute to the public interest by promoting alternative health treatments and solutions for substance abuse disorders. To achieve this, Bmore collaborates with various entities such as New York University, universities, collegiate programs, and other scientific and research organizations. The organization's primary goal is to conduct multisite trials with the aim of making novel medications for substance abuse disorders more accessible to the general public.
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Impact
July, 2024
Bmore Incorporated is making a significant impact by advancing medical and scientific research in the public interest. Through promoting alternative health treatments and solutions, Bmore is working to develop novel substance abuse disorder medicines and make them more widely available to the public. By contracting with various universities and research organizations, including New York University, Bmore is conducting multi-site trials to further the treatment of substance abuse disorders. This proactive approach towards charitable activities in medical research showcases Bmore Incorporated's commitment to improving healthcare outcomes and addressing critical issues in society.
This information is meant to be a general summary of Bmore Incorporated. 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: $726,124
- Gross Receipts: $2,125,827
Assets and Liabilities:
- Total Assets: $951,409
- Total Liabilities: $1,000,000
- Net Assets: -$48,591
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Organization Details
Founding Year
2018
Phone
(203) 554-7725Principal Officer
Carey Turnbull
Main Address
15 East Putnam Avenue 413, Greenwich, CT, 06830
Website
www.bmoreinc.orgNTEE Category
Code: H99 - Medical research
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