Overview
What is Rare Crossroads Inc?
Rare Crossroads Inc. is a nonprofit organization that dedicates its resources towards funding research. Their primary goal is to discover and develop treatments for individuals suffering from rare or underserved disorders. Through their mission, they aim to contribute significantly to the medical field and improve the lives of those affected by these conditions. The organization's activities are centered around financing research, aiming to expand the available treatment options and ultimately enhance the health and well-being of affected patients.
Official website here: www.rarecrossroads.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
Rare Crossroads Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial performance. The organization has strengths in having a fully independent board and an impressive program expense ratio of 99.44%, showcasing its commitment to direct program support. Additionally, the organization has no reported material diversion of assets, which reflects financial integrity.
However, the nonprofit faces significant limitations related to transparency and governance practices. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which raises concerns about its operational governance. Furthermore, the absence of financial statements and publicly posted tax forms suggests a need for greater transparency regarding its financial activities.
Overall, while Rare Crossroads Inc demonstrates a strong focus on program expenses, the lack of key governance policies and financial disclosure may hinder public trust and accountability. Addressing these weaknesses could enhance the organization's credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rare Crossroads Inc legitimate?
Rare Crossroads Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rare Crossroads 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
Official website here: www.rarecrossroads.org/
What is the mission statement of Rare Crossroads Inc?
Rare Crossroads Inc is dedicated to funding research aimed at discovering and developing treatments for individuals suffering from rare or underserved disorders. Their mission is centered around this objective, striving to make a significant impact in the medical field. Through their efforts, they hope to contribute to the advancement of healthcare and improve the lives of those affected by these conditions. The organization’s primary focus is on funding research, with a goal to uncover new treatment options and potentially find cures for these often overlooked disorders.
Official website here: www.rarecrossroads.org/
Who is the CEO of Rare Crossroads Inc?
Carrie Rich is the President of Rare Crossroads Inc.
Official website here: www.rarecrossroads.org/
What is the revenue of Rare Crossroads Inc?
Rare Crossroads Inc's revenue in 2022 was $947,381.
Official website here: www.rarecrossroads.org/
Who are the executives of Rare Crossroads Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rarecrossroads.org/
Where can I find the form 990 for Rare Crossroads Inc?
Rare Crossroads Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rarecrossroads.org/
Learn more at the official website: www.rarecrossroads.org/
Mission Statement of Rare Crossroads Inc
Rare Crossroads Inc, a nonprofit organization, is dedicated to funding the discovery and development of treatments for patients who are afflicted with rare or underserved disorders. Their mission is to provide financial support for researchers and scientists in their quest to uncover new therapeutic options, ultimately improving the lives of those affected by these often overlooked conditions. By investing in groundbreaking research, Rare Crossroads Inc aims to bridge the gap between medical knowledge and practical treatments, ensuring that those in need have access to the care they require.
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Impact
July, 2024
Rare Crossroads Inc's impact lies in its dedication to funding research for the discovery and development of treatments for patients with rare or underserved disorders. By focusing on these often overlooked conditions, Rare Crossroads Inc is able to make a significant difference in the lives of individuals who may not have access to adequate care and resources. Through their support of research, they are contributing to the advancement of medical knowledge and the improvement of treatments for these underserved populations.
This information is meant to be a general summary of Rare Crossroads 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.
- Gross Receipts: $947,381
Assets and Liabilities:
- Total Assets: $72,953
- Total Liabilities: $0
- Net Assets: $72,953
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Organization Details
Founding Year
2021
Principal Officer
Carrie Rich
Main Address
3066 HOBBS RD, GLENWOOD, MD, 217389729
Website
www.rarecrossroads.org/NTEE Category
Code: G99 - Disease
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