Overview
What is Give Back Foundation?
The Give Back Foundation is a nonprofit organization situated in Madison, Wisconsin. This charitable entity offers a platform for individuals, employees, and employers to effortlessly donate to recognized 501(C)(3) charities. Their mission is to encourage increased giving, with more people donating more frequently to a broader range of charitable organizations. By joining the Foundation, members are granted the ability to manage their charitable contributions, directing their donations to any qualified charity as per their preferences.
Official website here: www.givebackfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Give Back Foundation has received a Three-Star rating from Charity Navigator, indicating a solid evaluation of its accountability and financial health. The score of 82% reflects the foundation's strong adherence to best practices in various financial management areas, such as having a majority of independent board members and maintaining a clear conflict of interest policy. The organization showcases transparency through its comprehensive audits and financial statements.
Strengths of the foundation include an impressive program expense ratio of 99.74%, demonstrating a commitment to allocating resources effectively toward its mission. Additionally, the board is made up of entirely independent members, which promotes unbiased governance. The foundation has also scored well in areas like whistleblower policies and fiscal oversight, contributing to its overall accountability.
However, there are limitations noted in the financial data. The fundraising efficiency ratio is quite low, at $0.002, suggesting that while the organization is highly effective in utilizing funds for its programs, it may face challenges in generating revenue efficiently. Furthermore, a working capital ratio of 0.22 years implies potential liquidity issues, which could affect the foundation's ability to sustain operations in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Give Back Foundation legitimate?
Give Back Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Give Back 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.givebackfoundation.org
What is the mission statement of Give Back Foundation?
The Give Back Foundation serves as a charitable giving platform, facilitating donations for individuals, employees, and employers to various 501(C)(3) organizations in the United States. Its mission is geared towards encouraging more giving, with more people engaging in charitable activities more frequently. By providing an accessible and affordable solution, the organization enables its members to direct their funds to numerous deserving charities, thereby amplifying the impact of generosity.
Official website here: www.givebackfoundation.org
What is the revenue of Give Back Foundation?
Give Back Foundation's revenue in 2023 was $69,958,100.
Official website here: www.givebackfoundation.org
Who are the executives of Give Back Foundation and what are their salaries?
There 5 volunteers at Give Back Foundation.
Here are 6 key members and their salaries:
- Compensation: $48,148
- 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.givebackfoundation.org
Where can I find the form 990 for Give Back Foundation?
Give Back Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.givebackfoundation.org
Learn more at the official website: www.givebackfoundation.org
Mission Statement of Give Back Foundation
The Give Back Foundation is a charitable organization that facilitates giving for individuals, employees, and employers. By providing a user-friendly platform, this institution enables its members to easily and affordably manage their charitable donations. Each contributor holds the power to direct the funds from their account to any 501(c)(3) charity of their preference, approved by the United States Internal Revenue Service.
In line with its mission, the Give Back Foundation strives to inspire greater giving among more people. It encourages individuals to donate more frequently and to a larger number of charitable organizations. By making the process of charitable giving more accessible and convenient, this organization aims to foster a culture of generosity and philanthropy.
As a catalyst for charitable giving, the Give Back Foundation simplifies the donation process for its members. By acting as an intermediary between donors and charities, it ensures that contributions reach their intended recipients efficiently and accurately. This streamlined approach not only benefits the charities but also empowers individuals and employers to make a positive impact on their communities and beyond.
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Impact
October, 2024
The Give Back Foundation significantly enhances charitable giving by providing a streamlined platform for individuals, employers, and employees to manage their philanthropic activities easily and affordably. Members gain the ability to direct funds from their accounts to various IRS-approved charities, promoting a culture of generosity that encourages more people to give frequently and to a broader range of organizations. This initiative not only simplifies the donation process but also fosters a deeper engagement with charitable causes, ultimately increasing the overall impact of philanthropy in communities.
This information is meant to be a general summary of Give Back 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 2023.
- Investment Income: $302,288
- Program Service Revenue: $4,710,968
- Gross Receipts: $69,958,100
Assets and Liabilities:
- Total Assets: $33,991,854
- Total Liabilities: $15,267,433
- Net Assets: $18,724,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION AND LISTING FEES
Revenue
$4,710,968
Organization Details
Founding Year
2008
Principal Officer
Jeanan Yasiri Moe
Website
www.givebackfoundation.orgNTEE Category
Code: T12 - Philanthropy
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