Overview
What is Friends Of Ms Charities?
Friends of MS Charities is a dedicated nonprofit organization that combats the detrimental impacts of Multiple Sclerosis (MS). Their primary mission involves creating employment opportunities for individuals living with disabilities, while simultaneously funding groundbreaking research and treatments for this debilitating condition. Additionally, they offer essential support services to those personally affected by MS, as well as their families. This comprehensive approach aims to improve the quality of life for individuals dealing with MS, demonstrating a strong commitment to this cause.
Official website here: www.friendsofms.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating
Friends Of Ms Charities has received a 50% score from Charity Navigator, indicating significant concerns regarding its operational efficiency and effective use of resources. The rating reflects important strengths in governance, including a fully independent board and robust policies on conflict of interest and whistleblower protections. These aspects contribute positively to the organization’s accountability and transparency.
However, the charity faces serious limitations, particularly in its financial management. The program expense ratio is notably low at 5.09%, suggesting that a minimal portion of its resources is allocated to programmatic activities. Additionally, the liabilities to assets ratio of 2.21% raises red flags about the organization’s financial health and sustainability.
Overall, while Friends Of Ms Charities demonstrates commendable governance practices, the low financial efficiency and program expenditure raise concerns for potential donors and supporters about the effectiveness of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Ms Charities legitimate?
Friends Of Ms Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ms Charities 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: $49,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,628
For more financial information, click here
Official website here: www.friendsofms.com
What is the mission statement of Friends Of Ms Charities?
Friends of MS Charities is committed to combating the detrimental impacts of Multiple Sclerosis. They achieve this by offering employment opportunities to individuals affected by the disability, funding research and development of treatments, and providing support services to those afflicted and their families. The organization's mission is to alleviate the hardships brought on by Multiple Sclerosis and contribute to a better quality of life for all those impacted. Through their programs, they aim to create a more inclusive society where individuals with Multiple Sclerosis can thrive.
Official website here: www.friendsofms.com
Who is the CEO of Friends Of Ms Charities?
Unavailable
Official website here: www.friendsofms.com
What is the revenue of Friends Of Ms Charities?
Friends Of Ms Charities's revenue in 2022 was $469,724.
Official website here: www.friendsofms.com
Who are the executives of Friends Of Ms Charities and what are their salaries?
The average compensation at Friends Of Ms Charities during 2022 was $25,952. There are 7 employees at Friends Of Ms Charities.
Here are 6 key members and their salaries:
- Compensation: $49,038
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.friendsofms.com
Where can I find the form 990 for Friends Of Ms Charities?
Friends Of Ms Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendsofms.com
Learn more at the official website: www.friendsofms.com
Mission Statement of Friends Of Ms Charities
Friends of MS Charities, a renowned organization, is dedicated to combating the devastating effects of Multiple Sclerosis. Their mission is multifaceted, encompassing three key areas. Firstly, they provide employment opportunities for individuals living with this disability. Secondly, they invest in research and treatments to advance the understanding and potential cures for Multiple Sclerosis. Lastly, they offer support services to individuals and families affected by the disease, aiming to alleviate some of the challenges they face. By engaging in these activities, Friends of MS Charities strives to improve the quality of life for those affected by Multiple Sclerosis.
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Impact
July, 2024
Friends Of Ms Charities is making a significant impact in the fight against Multiple Sclerosis. Through their programs, they provide crucial employment opportunities for disabled individuals, contribute to funding research and treatments for MS, and offer vital support services to those affected by this debilitating disease. By focusing on these key areas, Friends Of Ms Charities is helping to improve the lives of individuals and families impacted by Multiple Sclerosis.
This information is meant to be a general summary of Friends Of Ms Charities. 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: $6,000
- Gross Receipts: $469,724
Assets and Liabilities:
- Total Assets: $54,315
- Total Liabilities: $1,205
- Net Assets: $53,110
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Organization Details
Founding Year
1998
Phone
(801) 463-2475Main Address
396 West Ironwood Drive Ste A, Salt Lake City, UT, 84115
Website
www.friendsofms.comNTEE Category
Code: T11 - Philanthropy
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