Overview
What is National Psoriasis Foundation?
The National Psoriasis Foundation is a Portland, Oregon-based nonprofit organization dedicated to finding a cure for psoriasis and improving the lives of those affected. In fiscal year 2022, they invested over $3.2 million in research grants and fellowships, including a significant grant for a multi-institutional, multi-disciplinary team aiming to prevent psoriatic disease comorbidities and another for the development of a diagnostic test for psoriatic arthritis. The foundation also continues its investment in mental health research and holds events like research symposia and collaborations with public-private partners. Their mission is to provide essential services to individuals with psoriasis and psoriatic arthritis while advancing research for a cure. With 71 employees, they have published numerous abstracts and papers and educate the public about psoriasis as a systemic, immune-mediated disease with several comorbidities impacting overall health outcomes.
Official website here: www.psoriasis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% - Four-Star out of Four Star rating
The National Psoriasis Foundation has received an impressive Four-Star rating from Charity Navigator, indicating strong overall performance in accountability and finance. With a high score of 98 for accountability and finance, alongside perfect scores for culture and community, and leadership adaptability, the foundation demonstrates a solid commitment to ethical stewardship and effective governance. The organization’s program expense ratio of 76.48% reflects a strong focus on its mission, ensuring that a significant portion of its funds goes directly to programs serving individuals with psoriasis.
The foundation's fundraising efficiency is notable, with a low cost of $0.14 to raise a dollar, suggesting effective fundraising practices. Additionally, the organization operates with a fully independent board, which enhances its governance structure. The financial health of the foundation is further supported by an audit and oversight committee that scored full points, indicating rigorous financial oversight and transparency.
However, the data also reveals some areas for improvement, such as the working capital ratio of 0.72 years, which may suggest a need for increased liquidity to support long-term financial stability. While the salaries of key executives are high, they reflect the expertise required to lead such a vital organization. Overall, the National Psoriasis Foundation exemplifies a well-managed nonprofit dedicated to improving the lives of those affected by psoriasis through research, advocacy, and support services.
This AI summary has been generated from information found on Charity Navigator.
Is National Psoriasis Foundation legitimate?
National Psoriasis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Psoriasis 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:
Executive Compensation: $1,134,276
Professional Fundraising Fees: $203,911
Other Salaries and Wages: $3,834,159
For more financial information, click here
Official website here: www.psoriasis.org
What is the mission statement of National Psoriasis Foundation?
The National Psoriasis Foundation is dedicated to finding a cure for psoriatic disease and enhancing the lives of those affected. The organization offers essential services to people living with psoriasis and psoriatic arthritis, enabling them to effectively manage their conditions. In the fiscal year 2022, the foundation invested over $3.2 million in research grants and fellowships, focusing on collaborative, transformative research. A significant grant was awarded for the Psoriasis Prevention Initiative, aimed at identifying an intervention to prevent psoriatic disease comorbidities. Research into mental health issues, a common psoriatic disease comorbidity, was also funded. The foundation held a research symposium, collaborated with public-private partners, and published several abstracts and papers. An infographic was published to educate others about psoriasis as a systemic, immune-mediated disease with several comorbidities affecting overall health outcomes.
Official website here: www.psoriasis.org
Who is the CEO of National Psoriasis Foundation?
Leah Mccormick Howard is the Coo (Thru Dec); Interim President/Ceo (Jan - June) of National Psoriasis Foundation. The CEO's salary of National Psoriasis Foundation is $212,967 and their total compensation is $235,790.
Official website here: www.psoriasis.org
What is the revenue of National Psoriasis Foundation?
National Psoriasis Foundation's revenue in 2022 was $13,390,353.
Official website here: www.psoriasis.org
Who are the executives of National Psoriasis Foundation and what are their salaries?
The average compensation at National Psoriasis Foundation during 2022 was $69,978. There are 71 employees and 740 volunteers at National Psoriasis Foundation.
Here are 26 key members and their salaries (National Psoriasis Foundation's CEO's salary is $212,967 and their total compensation is $235,790):
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- Compensation: $102,419
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- Other: $12,862
Official website here: www.psoriasis.org
Where can I find the form 990 for National Psoriasis Foundation?
National Psoriasis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.psoriasis.org
Learn more at the official website: www.psoriasis.org
Mission Statement of National Psoriasis Foundation
The National Psoriasis Foundation is a leading organization dedicated to advancing research and providing essential resources for people living with psoriasis and psoriatic arthritis. With a mission to cure psoriatic disease and enhance the lives of those affected, the Foundation channeled over $3.2 million in research grants and fellowships in FY 2022. One of their most significant investments was the renewal of the Psoriasis Prevention Initiative grant, which supports a multidisciplinary team in identifying an intervention to prevent psoriatic disease comorbidities.
Moreover, the Foundation continued its commitment to addressing mental health issues, a significant comorbidity of psoriatic disease, through the More than Skin Deep Mental Health grant. In addition to research, the National Psoriasis Foundation held symposia, collaborated with public-private partners, and published several abstracts and papers. They also disseminated internally generated data within the community and produced an infographic to educate the public about psoriasis as a systemic, immune-mediated disease with numerous comorbidities affecting overall health outcomes.
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Impact
October, 2024
The National Psoriasis Foundation (NPF) impacts the lives of individuals affected by psoriatic disease by leading transformative research initiatives and providing essential services for better health management. In fiscal year 2022, NPF invested more than $3.2 million in research grants and fellowships, underscoring their commitment to advancing understanding and treatment of psoriasis and psoriatic arthritis.
The foundation's efforts include significant funding for groundbreaking projects, such as the largest grant in its history for the Psoriasis Prevention Initiative. This initiative aims to assemble a multi-disciplinary research team to develop interventions that prevent comorbidities associated with psoriatic disease. NPF also renewed funding for the Psoriatic Arthritis Diagnostic Test project, which seeks to create a reliable diagnostic tool for this condition.
Mental health is another vital focus area, as NPF continues to support research through the "More Than Skin Deep" mental health grant, addressing the psychological challenges faced by those living with psoriatic diseases. NPF is proactive in disseminating knowledge by publishing research findings and educational materials, including an infographic that highlights the systemic nature of psoriasis and its associated health impacts.
By convening events like research symposiums and collaborating with public-private partnerships, NPF fosters an environment of innovation in research. Their comprehensive approach not only aims to find a cure but also enhances the quality of life for those living with psoriatic diseases by equipping them with the tools and resources needed for effective management.
This information is meant to be a general summary of National Psoriasis 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: $303,148
- Program Service Revenue: $1,766,970
- Gross Receipts: $15,517,720
Assets and Liabilities:
- Total Assets: $13,977,875
- Total Liabilities: $3,425,275
- Net Assets: $10,552,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING INCOME
Revenue
$960,482
PRODUCT CERTIFICATION
Revenue
$415,156
SCIENTIFIC ADVISORY
Revenue
$200,000
PATIENT RECRUITMENT
Revenue
$169,249
CONSULTING
Revenue
$12,467
Organization Details
Founding Year
1968
Phone
(503) 244-7404Principal Officer
Leah Mccormick Howard
Main Address
6600 SW 92ND AVENUE 300, PORTLAND, OR, 97223
Website
www.psoriasis.orgNTEE Category
Code: G46Z - Disease
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