Overview
What is Reboot Rx Inc?
Reboot Rx Inc, based in Winchester, Massachusetts, is a nonprofit organization dedicated to revolutionizing cancer treatment accessibility. Through the repurposing of generic drugs, they aim to make low-cost cancer treatments widely available. Utilizing advanced AI technology, strategic partnerships, and innovative funding models, Reboot Rx seeks to expedite the delivery of promising generic drugs to cancer patients, offering them an alternative to traditional treatment methods. With a team of 13 dedicated individuals, the organization continues its mission to empower cancer patients by providing them with new and affordable treatment options more swiftly than conventional approaches.
Official website here: www.rebootrx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
Reboot Rx Inc has received a perfect score of 100%, reflecting a strong emphasis on accountability and finance within its operations. The rating indicates that the organization is well-managed, with all components assessed contributing positively to its overall performance. The high score signifies trustworthiness and transparency, making it a reputable choice for potential donors.
The organization boasts a majority of independent board members, contributing to unbiased governance and decision-making. The financial health of Reboot Rx is illustrated by a low liabilities-to-assets ratio of 18.89% and an impressive program expense ratio of 86.16%, indicating that the majority of its funds are directed toward its mission-driven programs. Additional policies, such as conflict of interest and whistleblower protections, further enhance its accountability framework.
While the data reflects robust financial and operational practices, it is essential for potential supporters to consider the organization's specific programs and their impact in relation to their own philanthropic goals. Overall, Reboot Rx Inc stands out as a well-governed nonprofit with a commitment to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Reboot Rx Inc legitimate?
Reboot Rx Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reboot Rx 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: $186,707
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,060
For more financial information, click here
Official website here: www.rebootrx.org
What is the mission statement of Reboot Rx Inc?
Reboot Rx Inc, as a nonprofit organization, is dedicated to facilitating cancer patients' access to new and affordable treatments at a faster pace than conventional methods. They achieve this mission through the repurposing of generic drugs, employing advanced AI technology, strategic partnerships, and innovative funding models. By utilizing these methods, Reboot Rx strives to bring the most promising generic treatments to cancer patients more swiftly, ultimately improving their chances of recovery.
Official website here: www.rebootrx.org
Who is the CEO of Reboot Rx Inc?
David Noymer is the President Ceo And Director of Reboot Rx Inc. The CEO's salary of Reboot Rx Inc is $121,462 and their total compensation is $126,320.
Official website here: www.rebootrx.org
What is the revenue of Reboot Rx Inc?
Reboot Rx Inc's revenue in 2023 was $520,612.
Official website here: www.rebootrx.org
Who are the executives of Reboot Rx Inc and what are their salaries?
The average compensation at Reboot Rx Inc during 2023 was $34,367. There are 13 employees at Reboot Rx Inc.
Here are 7 key members and their salaries (Reboot Rx Inc's CEO's salary is $121,462 and their total compensation is $126,320):
- Compensation: $121,462
- Related: $0
- Other: $4,858
- Compensation: $109,615
- Related: $0
- Other: $4,385
- 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
Official website here: www.rebootrx.org
Where can I find the form 990 for Reboot Rx Inc?
Reboot Rx Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rebootrx.org
Learn more at the official website: www.rebootrx.org
Mission Statement of Reboot Rx Inc
Reboot Rx, a nonprofit organization, is dedicated to revolutionizing the way cancer patients access affordable treatments. Their mission is to expedite the availability of cost-effective cancer therapies for all patients, surpassing the pace set by conventional approaches. They achieve this by leveraging artificial intelligence technology, strategic collaborations, and innovative funding models. By repurposing generic drugs, Reboot Rx aims to bring the most promising treatments to cancer patients more quickly.
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Impact
July, 2024
Reboot Rx Inc's impact lies in its ability to enable cancer patients to access new and affordable treatments more quickly than traditional approaches. By repurposing generic drugs and utilizing AI technology, strategic partnerships, and innovative funding models, Reboot Rx is dedicated to making low-cost cancer treatments accessible for all. Through their work, they are striving to get the most promising generics to cancer patients, ultimately improving outcomes and providing hope to those in need.
This information is meant to be a general summary of Reboot Rx 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 2023.
- Investment Income: $25,440
- Gross Receipts: $520,612
Assets and Liabilities:
- Total Assets: $982,557
- Total Liabilities: $185,671
- Net Assets: $796,886
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Organization Details
Founding Year
2020
Principal Officer
David Noymer
Main Address
45 Thornberry Road, Winchester, MA, 01890
Website
www.rebootrx.orgNTEE Category
Code: H30 - Medical research
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