Overview
What is The Cutty Legacy Foundation?
The Cutty Legacy Foundation, located at 215 W Lodge DR, Tempe, AZ 85283, is a charitable organization with a mission to support individuals and families affected by developmental disabilities. They aim to raise funds for the Centers for Habilitation, stepping in when other resources become unavailable. This nonprofit organization's activities are geared towards extending assistance to individuals with developmental disabilities, ensuring they have the necessary support during challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Cutty Legacy Foundation has received a rating of 75%, which equates to a Three-Star designation. This score indicates that the organization meets a reasonable level of accountability and transparency in its operations. Notably, the foundation has achieved a perfect score for having a majority of independent board members and for the size of the independent board. Additionally, the foundation has robust policies in place for conflict of interest, whistleblowing, and document retention.
However, while the foundation excels in governance and accountability, there are areas needing improvement, specifically concerning its program expense ratio, which stands at 54.50%. This figure suggests that less than a majority of its expenses are directed toward program services, which could be a concern for potential donors looking for organizations that allocate a larger share of their budget to direct impact. Overall, while The Cutty Legacy Foundation demonstrates strong governance practices, enhancing its program expenditure could further elevate its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Cutty Legacy Foundation legitimate?
The Cutty Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cutty Legacy 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:
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For more financial information, click here
What is the mission statement of The Cutty Legacy Foundation?
The Cutty Legacy Foundation's mission is centered around raising funds to support the activities of the Centers for Habilitation. When other sources fail to provide aid, the foundation steps in to assist individuals with developmental disabilities. Furthermore, it extends its support to families caring for these individuals, ensuring they have the necessary resources to provide the best possible care. The foundation holds property for the benefit of the Centers for Habilitation/TCH, suggesting a long-term commitment to this cause.
Who is the CEO of The Cutty Legacy Foundation?
Jeff Bernick is the Chair/Secretary of The Cutty Legacy Foundation. The CEO's salary of The Cutty Legacy Foundation is $0 and their total compensation is $208,752.
What is the revenue of The Cutty Legacy Foundation?
The Cutty Legacy Foundation's revenue in 2022 was $59,945.
Who are the executives of The Cutty Legacy Foundation and what are their salaries?
There 17 volunteers at The Cutty Legacy Foundation.
Here are 18 key members and their salaries (The Cutty Legacy Foundation's CEO's salary is $0 and their total compensation is $208,752):
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- Related: $182,752
- Other: $26,000
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- Related: $126,830
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Where can I find the form 990 for The Cutty Legacy Foundation?
The Cutty Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Cutty Legacy Foundation
The Cutty Legacy Foundation is committed to assisting in various capacities, primarily focused on supporting the activities of the Centers for Habilitation. This nonprofit organization aims to raise funds to help individuals with developmental disabilities who may not have access to other sources of aid. Moreover, The Cutty Legacy Foundation extends its support to families caring for such individuals, providing them with the necessary assistance when needed. By doing so, this foundation contributes significantly to enhancing the quality of life for these individuals and their families, ensuring they receive the care they require.
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Impact
October, 2024
The Cutty Legacy Foundation significantly impacts individuals with developmental disabilities and their families by raising essential funds to support the Centers for Habilitation. It plays a crucial role in filling the gaps when other resources are unavailable, ensuring that individuals receive the assistance they need. By providing financial support, the foundation enhances the services offered at habilitation centers, creating a more inclusive environment for personal development and community integration. Additionally, the foundation offers crucial support to families, helping them manage the challenges associated with caring for individuals with developmental disabilities, thus fostering a supportive network within the community. Its commitment to these causes not only changes lives but also builds a stronger, more compassionate society in Tempe, AZ, and beyond.
This information is meant to be a general summary of The Cutty Legacy 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: $59,945
- Gross Receipts: $59,945
Assets and Liabilities:
- Total Assets: $1,774,494
- Total Liabilities: $270,423
- Net Assets: $1,504,071
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Organization Details
Founding Year
2000
Phone
(480) 838-8111Principal Officer
Jeff Bernick
Main Address
215 W LODGE DR, TEMPE, AZ, 85283
NTEE Category
Code: P11 - Human services
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