Overview
What is Dynami Foundation?
The Dynami Foundation, situated in Birmingham, Michigan, primarily functions as a nonprofit organization. Its primary mission is to gather funds, channeling them towards groundbreaking cancer research and treatment initiatives. The foundation's activities are centered around contributing financially to advancements in cancer research, ultimately aiming to improve patient care and outcomes. Through its efforts, the Dynami Foundation plays a crucial role in the broader fight against cancer, leveraging its resources to support medical advancements and treatments.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating with an overall score of 73%). The rating indicates that while the Dynami Foundation demonstrates some strengths in governance and financial management, there are areas that need enhancement to meet higher standards of accountability and transparency.
The organization excelled in several key areas, including having an entirely independent board, which reflects strong governance practices. It also maintains a commendable program expense ratio of 88.68%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the foundation has no material diversion of assets and effectively documents board meeting minutes.
However, despite these strengths, the overall rating suggests that there are aspects of the foundation's operations that may require improvement. While the accountability and finance score is decent, achieving a higher score could enhance the foundation's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dynami Foundation legitimate?
Dynami Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dynami 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: $0
Other Salaries and Wages: $0
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What is the mission statement of Dynami Foundation?
The Dynami Foundation's mission is centered around fundraising with the primary objective of supporting cancer research and treatment. The organization is dedicated to contributing to the ongoing advancements in cancer understanding and potential cures. By raising funds, the foundation aims to play a significant role in the ongoing fight against cancer, providing resources that can lead to breakthroughs in treatments and ultimately, improved outcomes for those affected by this disease.
Who is the CEO of Dynami Foundation?
Flora Velles-Migyanka is the Director of Dynami Foundation.
What is the revenue of Dynami Foundation?
Dynami Foundation's revenue in 2022 was $477,462.
Who are the executives of Dynami Foundation and what are their salaries?
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 Dynami Foundation?
Dynami Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dynami Foundation
Dynami Foundation, a nonprofit organization, is dedicated to raising funds for a noble cause. Its primary focus is on contributing to cancer research and treatment. The mission of Dynami Foundation is to make a significant impact in the fight against cancer by financially supporting relevant studies and treatment methods. By raising funds, this organization plays a crucial role in furthering medical advancements and improving the lives of individuals affected by cancer.
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Impact
July, 2024
Dynami Foundation's impact lies in its essential role in raising funds to support cancer research and treatment. Through its efforts, Dynami Foundation contributes significantly to advancing knowledge, developing new therapies, and improving outcomes for individuals affected by cancer. The foundation's work directly translates into tangible benefits for patients, caregivers, and the broader community, offering hope and resources in the fight against this challenging disease.
This information is meant to be a general summary of Dynami 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $968
- Gross Receipts: $851,085
Assets and Liabilities:
- Total Assets: $589,367
- Total Liabilities: $0
- Net Assets: $589,367
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Organization Details
Founding Year
2019
Principal Officer
Flora Velles-Migyanka
Main Address
401 S OLD WOODWARD AVENUE STE 440, BIRMINGHAM, MI, 48009
NTEE Category
Code: G30 - Disease
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