Gregory Hugh Montgomery Jr Foundation For Ultimate

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

EIN: 853240296 ✦ Naples, FL ✦ Designated as a 501(c)(3)

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Overview

What is Gregory Hugh Montgomery Jr Foundation For Ultimate?

The Gregory Hugh Montgomery Jr Foundation for Ultimate is a non-profit organization based in Naples, Florida, with the mission to support individuals grappling with mental illness. Their primary goal is to raise awareness about mental health issues, offer assistance to those affected, and establish a supportive community for families and friends on their ongoing journey towards growth and healing. The Foundation aims to foster an environment of understanding and encouragement, providing aid and resources to facilitate this mission.


Official website here: www.ultimategrowthfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 63%, Two-Star out of Four Star rating.

The Gregory Hugh Montgomery Jr Foundation For Ultimate has received a moderate rating, indicating some strengths in its operations but also notable areas for improvement. A high program expense ratio of 94.94% suggests that the majority of its funds are directed towards programs rather than administrative costs, which is a positive sign for potential donors concerned about efficiency. Additionally, there are no material diversions of assets, ensuring that the charity's resources are being used appropriately.

However, the organization faces significant challenges in governance and transparency. It has a completely non-independent board, raising concerns about oversight and accountability. Furthermore, the absence of key policies such as a whistleblower policy and document retention procedures reflects a need for stronger governance practices. The lack of independent board members and missing documentation on its website could hinder trust among stakeholders.

Overall, while the foundation demonstrates a commitment to its programs, potential donors should consider its governance shortcomings and the implications they may have on its long-term sustainability and accountability.


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

Is Gregory Hugh Montgomery Jr Foundation For Ultimate legitimate?

Gregory Hugh Montgomery Jr Foundation For Ultimate is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gregory Hugh Montgomery Jr Foundation For Ultimate 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: $18,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ultimategrowthfoundation.org

What is the mission statement of Gregory Hugh Montgomery Jr Foundation For Ultimate?

The Gregory Hugh Montgomery Jr Foundation for Ultimate aims to elevate awareness about mental illness and offer assistance to those affected. The organization intends to build a supportive community for the families and friends of those battling these conditions, encouraging them in their lifelong pursuit of personal growth. By fostering this community, the foundation aims to make a lasting impact in their journey towards healing and self-improvement.


Official website here: www.ultimategrowthfoundation.org

Who is the CEO of Gregory Hugh Montgomery Jr Foundation For Ultimate?

Margot Moran is the President of Gregory Hugh Montgomery Jr Foundation For Ultimate.


Official website here: www.ultimategrowthfoundation.org

What is the revenue of Gregory Hugh Montgomery Jr Foundation For Ultimate?

Gregory Hugh Montgomery Jr Foundation For Ultimate's revenue in 2022 was $152,203.


Official website here: www.ultimategrowthfoundation.org

Who are the executives of Gregory Hugh Montgomery Jr Foundation For Ultimate and what are their salaries?

There 10 volunteers at Gregory Hugh Montgomery Jr Foundation For Ultimate.


Here are 5 key members and their salaries:


Margot Moran (President)
  • Compensation: $15,750
  • Related: $0
  • Other: $0
Thomas J Moran V (Director Of Marketing)
  • Compensation: $2,230
  • Related: $0
  • Other: $0
Charles S Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory H Montgomery Sr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne C Connell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ultimategrowthfoundation.org

Where can I find the form 990 for Gregory Hugh Montgomery Jr Foundation For Ultimate?

Gregory Hugh Montgomery Jr Foundation For Ultimate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ultimategrowthfoundation.org

Learn more at the official website: www.ultimategrowthfoundation.org

Mission Statement of Gregory Hugh Montgomery Jr Foundation For Ultimate

The Gregory Hugh Montgomery Jr Foundation for Ultimate is dedicated to raising awareness about mental illness, offering aid to those affected, and fostering a supportive community for the loved ones of those on a lifelong journey towards personal growth. This nonprofit organization is committed to helping individuals and families navigate the challenges associated with mental illness, providing a much-needed support system for all involved. By engaging in efforts to promote understanding and empathy, the Foundation aims to create a welcoming environment where those struggling with mental illness can seek help and support. The ultimate goal of the Gregory Hugh Montgomery Jr Foundation for Ultimate is to help individuals and families achieve their personal best, fostering an environment of growth and understanding for all.

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Impact




June, 2024

The Gregory Hugh Montgomery Jr Foundation For Ultimate is making a significant impact in supporting efforts to raise awareness about mental illness, providing aid to those afflicted, and fostering a community for the family and friends on their quest for Ultimate Growth. Through its mission, the foundation is dedicated to supporting individuals affected by mental health challenges and helping them achieve their full potential. Its efforts are crucial in addressing mental health stigmas and providing much-needed resources and support to those in need.




This information is meant to be a general summary of Gregory Hugh Montgomery Jr Foundation For Ultimate. 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
$152,203 (2022)
Expenses
$135,425 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $245,213

Assets and Liabilities:

  • Total Assets: $158,293
  • Total Liabilities: $0
  • Net Assets: $158,293

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Organization Details

Founding Year

2020

Principal Officer

Margot Moran

Main Address

5899 Fountain Drive, Naples, FL, 34119

NTEE Category

Code: F12 - Mental health

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