Overview
What is One Drop Foundation Inc?
The One Drop Foundation Inc, headquartered with its sister organization One Drop Canada, is a nonprofit committed to ensuring universal water accessibility. Their mission involves implementing innovative projects that substantially and sustainably enhance living conditions worldwide. Through international cooperation and development programs, the Foundation aims to make clean water a basic human right, striving for this goal both today and in the future.
Official website here: www.onedrop.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The One Drop Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. With an overall score derived solely from its accountability and finance metrics, the organization showcases excellent financial health with a program expense ratio of 97.37%. This suggests that a significant majority of their funding is directed towards programs, which is a positive indicator for potential donors.
Key strengths of the foundation include a fully independent board, high scores for financial statements, and a lack of material asset diversion, which all contribute to a transparent organization. Their whistleblower and document retention policies are currently lacking, which could be areas for improvement in enhancing governance practices. Nevertheless, the foundation scores high in most other accountability aspects, ensuring that stakeholders can trust their operational integrity.
Despite the noted missing elements, One Drop Foundation Inc's robust financial efficiency, characterized by a low fundraising cost ratio and a manageable liabilities to assets ratio, reflects their capability to effectively manage resources. Potential donors can feel confident in contributing to an organization that prioritizes financial responsibility and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is One Drop Foundation Inc legitimate?
One Drop Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Drop Foundation Inc 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: $91,261
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.onedrop.org
What is the mission statement of One Drop Foundation Inc?
The One Drop Foundation's mission is centered around ensuring that everyone has access to clean water, now and in the future. They achieve this goal through innovative projects, aiming to significantly and sustainably improve living conditions. The organization's work is driven by its commitment to international cooperation and development programs. One Drop Canada shares the same mission, contributing to this global cause.
Official website here: www.onedrop.org
Who is the CEO of One Drop Foundation Inc?
Jean-Louis Dufresne is the CEO of One Drop Foundation Inc The CEO's salary of One Drop Foundation Inc is $0 and their total compensation is $225,050.
Official website here: www.onedrop.org
What is the revenue of One Drop Foundation Inc?
One Drop Foundation Inc's revenue in 2023 was $1,462,532.
Official website here: www.onedrop.org
Who are the executives of One Drop Foundation Inc and what are their salaries?
Here are 10 key members and their salaries (One Drop Foundation Inc's CEO's salary is $0 and their total compensation is $225,050):
- Compensation: $0
- Related: $225,050
- Other: $0
- Compensation: $0
- Related: $130,221
- Other: $0
- Compensation: $0
- Related: $129,549
- Other: $0
- Compensation: $0
- Related: $94,465
- Other: $0
- Compensation: $0
- Related: $90,879
- 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.onedrop.org
Where can I find the form 990 for One Drop Foundation Inc?
One Drop Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.onedrop.org
Learn more at the official website: www.onedrop.org
Mission Statement of One Drop Foundation Inc
The One Drop Foundation, in its mission, aims to ensure that water is accessible to everyone, both currently and indefinitely. This nonprofit organization achieves this goal through innovative projects that significantly and sustainably improve living conditions. By pursuing international cooperation and development programs, One Drop Canada shares the same mission and objective as its parent foundation. The One Drop Foundation's mission is to make water availability a universal right, thereby enhancing overall living standards worldwide.
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Impact
October, 2024
One Drop Foundation Inc has a profound impact on communities by ensuring access to clean water for all, both now and for future generations. Through innovative projects, the organization actively enhances living conditions in underserved regions. By focusing on sustainability, One Drop not only addresses immediate water needs but also fosters long-term resilience and self-sufficiency within communities.
The foundation's commitment to international cooperation enables it to adapt its strategies to various cultural and environmental contexts, ensuring that its initiatives are effective and relevant. One Drop Canada aligns with this vision, reinforcing efforts to promote water accessibility on a broader scale. Ultimately, the work of One Drop Foundation Inc leads to significant improvements in health, quality of life, and economic opportunity for countless individuals globally.
This information is meant to be a general summary of One Drop Foundation Inc. 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: $145,895
- Gross Receipts: $3,671,877
Assets and Liabilities:
- Total Assets: $2,414,794
- Total Liabilities: $257,833
- Net Assets: $2,156,961
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Organization Details
Founding Year
2008
Principal Officer
Andre Leger
Website
www.onedrop.orgNTEE Category
Code: Q30 - International
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