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Myasthenia Gravis Foundation Of California

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

EIN: 954562470 ✦ Valencia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Myasthenia Gravis Foundation Of California?

The Myasthenia Gravis Foundation of California is a nonprofit organization situated in Valencia, California. With a team of just two dedicated individuals, their mission is to discover a cure for Myasthenia Gravis, a debilitating neurological disorder. They achieve this goal by funding innovative research, offering vital patient support services, and providing medical education to professionals and the public. Their work includes offering information, referrals, and resources for those suffering from Myasthenia Gravis, aiming to improve their quality of life.


Official website here: www.myasthenia-ca.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

The Myasthenia Gravis Foundation of California has achieved a remarkable 97% rating on Charity Navigator, which translates to a prestigious Four-Star designation. This rating reflects the organization's strong commitment to accountability and finance, with the score derived entirely from this single beacon. A crucial aspect of their operations is the presence of a fully independent board, consisting of 100% independent members, ensuring unbiased governance.

The organization demonstrates responsible financial management with a low liabilities-to-assets ratio of 10.82% and an impressive program expense ratio of 88.87%. This indicates that the majority of their expenses are directed towards their programs rather than administrative costs, highlighting their focus on impact. They maintain thorough policies for conflict of interest, whistleblower protections, and proper document retention, which contributes to their operational integrity.

While the data presents a glowing picture of the Myasthenia Gravis Foundation of California, it is essential for potential donors and supporters to consider their overall program effectiveness and the impact of their initiatives in the community. The strong financial health and governance practices showcased by their high ratings suggest a reliable organization, but further qualitative assessments of their programs would provide a more comprehensive understanding of their effectiveness.


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

Is Myasthenia Gravis Foundation Of California legitimate?

Myasthenia Gravis Foundation Of California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myasthenia Gravis Foundation Of California 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: $45,377

For more financial information, click here


Official website here: www.myasthenia-ca.org

What is the mission statement of Myasthenia Gravis Foundation Of California?

The Myasthenia Gravis Foundation of California is dedicated to seeking a cure for Myasthenia Gravis by financing innovative research and offering support services for patients affected by this condition. Beyond research, they provide medical education, distribute relevant information, and offer referral services to aid those battling with Myasthenia Gravis. Their mission also encompasses promoting medical understanding and offering assistance to patients, contributing significantly to the overall well-being of individuals living with this disease.


Official website here: www.myasthenia-ca.org

What is the revenue of Myasthenia Gravis Foundation Of California?

Myasthenia Gravis Foundation Of California's revenue in 2023 was $134,475.


Official website here: www.myasthenia-ca.org

Who are the executives of Myasthenia Gravis Foundation Of California and what are their salaries?

The average compensation at Myasthenia Gravis Foundation Of California during 2023 was $22,688. There are 2 employees and 11 volunteers at Myasthenia Gravis Foundation Of California.

Here are 9 key members and their salaries:


Edward Cholakian (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan I Macy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry B Shieh (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Krygier (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Farrand (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Krygier (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rosenfeld (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yair Greenberg (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Greenberg (Boardofdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myasthenia-ca.org

Where can I find the form 990 for Myasthenia Gravis Foundation Of California?

Myasthenia Gravis Foundation Of California's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.myasthenia-ca.org

Learn more at the official website: www.myasthenia-ca.org

Mission Statement of Myasthenia Gravis Foundation Of California

The Myasthenia Gravis Foundation of California is dedicated to achieving a cure for Myasthenia Gravis, a debilitating neurological disorder. To accomplish this, the foundation engages in funding cutting-edge research, investing in innovative scientific studies that aim to uncover the causes and develop effective treatments for the disease. Beyond research, the foundation also extends its support to patients living with Myasthenia Gravis. This includes providing essential services, such as medical education, information, and referrals, to help patients better understand and manage their condition. Furthermore, the foundation is committed to offering patient support, ensuring that individuals affected by Myasthenia Gravis have access to the resources and assistance they need to navigate their journey with the disease.

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Impact




October, 2024

The Myasthenia Gravis Foundation of California significantly impacts the lives of those affected by Myasthenia Gravis through its dedicated efforts in research, patient support, and education. By funding cutting-edge research, the organization drives advancements in understanding the disease and ultimately aims for a cure. Additionally, it provides critical services to patients, including medical education and information referrals, which empower individuals to navigate their health challenges more effectively. This comprehensive approach not only enhances the quality of life for patients but also fosters a community of support and awareness around Myasthenia Gravis in California.




This information is meant to be a general summary of Myasthenia Gravis Foundation Of California. 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
$134,475 (2023)
Expenses
$122,143 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43,546
  • Gross Receipts: $346,475

Assets and Liabilities:

  • Total Assets: $1,260,150
  • Total Liabilities: $136,409
  • Net Assets: $1,123,741

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Clinic
Pharmacy

Organization Details

Founding Year

1995

Principal Officer

Edward Cholakian

NTEE Category

Code: P80 - Human services

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