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Gift Of Parenthood

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

EIN: 833326665 ✦ Spring house, PA ✦ Designated as a 501(c)(3)

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Overview

What is Gift Of Parenthood?

Gift of Parenthood is a compassionate nonprofit organization situated in Spring House, Pennsylvania. Their primary mission is to aid families and individuals facing infertility issues. They accomplish this goal through a combination of educational resources, awareness initiatives, and financial assistance grants. By providing these services, Gift of Parenthood aims to help those struggling with infertility overcome this challenge and build their families.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Zero-Star out of Four Star rating

Gift Of Parenthood has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score stands at 48%, which reflects a lack of transparency and adherence to best practices in nonprofit management. While the organization scores well in areas such as having a majority of independent board members and showing no material diversion of assets, there are critical gaps in their governance policies and financial disclosures.

The organization has not provided essential information on its website, such as a conflict of interest policy and a whistleblower policy, both of which are vital for fostering trust and accountability within the nonprofit sector. Additionally, the lack of a documented board size raises questions about organizational structure. The liabilities to assets ratio scored poorly, though it did achieve a perfect score in program expense ratio, indicating that funds are being directed effectively toward its intended programs.

Overall, while Gift Of Parenthood demonstrates some strengths in its programmatic focus, the overall lack of accountability and transparency as reflected in its Charity Navigator rating raises significant concerns for potential donors and stakeholders. Improving governance policies and enhancing financial transparency should be priorities for the organization moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Gift Of Parenthood legitimate?

Gift Of Parenthood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gift Of Parenthood 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 Gift Of Parenthood?

Gift of Parenthood is a non-profit organization with a straightforward mission. Their aim is to assist families and individuals in overcoming infertility issues through various means. They accomplish this mission by providing education and raising awareness about infertility, as well as offering fertility assistance grants. The organization's primary goal is to support individuals and families in their journey towards parenthood. Through their efforts, they aim to make the process of overcoming infertility more accessible and less daunting for those who seek help.

Who is the CEO of Gift Of Parenthood?

Michael Grey is the Ceo of Gift Of Parenthood. The CEO's salary of Gift Of Parenthood is $141,995 and their total compensation is $141,995.

What is the revenue of Gift Of Parenthood?

Gift Of Parenthood's revenue in 2022 was $493,357.

Who are the executives of Gift Of Parenthood and what are their salaries?


Here are 2 key members and their salaries (Gift Of Parenthood's CEO's salary is $141,995 and their total compensation is $141,995):


Teresa B Grey (Ceo)
  • Compensation: $141,995
  • Related: $0
  • Other: $0
Michael Grey (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gift Of Parenthood?

Gift Of Parenthood's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gift Of Parenthood

Gift of Parenthood, a non-profit organization, is driven by a straightforward mission. Their primary goal is to assist families and individuals in overcoming infertility through education, awareness, and the provision of fertility assistance grants. This mission is aimed at empowering those who are struggling with infertility, offering them the tools and resources necessary to overcome this challenge. The organization's activities are centered around supporting individuals and families, providing them with the necessary aid to overcome infertility and start their families.

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Impact




July, 2024

Gift Of Parenthood's impact is profound in the lives of individuals and families struggling with infertility. By providing education, awareness, and fertility assistance grants, this organization offers a ray of hope and support to those facing challenges in starting or expanding their families. Through their efforts, Gift Of Parenthood helps alleviate the emotional and financial burdens associated with infertility, making the journey towards parenthood more accessible and manageable for those in need. This impact can be felt not only in the lives of the recipients of their assistance but also in the broader community where awareness about infertility issues is raised.




This information is meant to be a general summary of Gift Of Parenthood. 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
$493,357 (2022)
Expenses
$566,392 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $493,357

Assets and Liabilities:

  • Total Assets: $61,568
  • Total Liabilities: $74,888
  • Net Assets: -$13,320

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Organization Details

Founding Year

2021

Principal Officer

Michael Grey

Main Address

905 N BETHLEHEM PK 44, SPRING HOUSE, PA, 16502

NTEE Category

Code: T12 - Philanthropy

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