Overview
What is Innovators Network Foundation Innovators Network?
Innovators Network Foundation, known as Innovators Network, is a nonprofit organization situated in Washington, D.C. With a dedicated workforce of three individuals, its primary mission is to drive the growth and development of innovative technology and research. The foundation's fellows have been instrumental in shaping the discourse on various privacy-related issues, contributing through multiple platforms such as blogs, articles, and speaking engagements. They have tackled a diverse range of topics, including privacy labeling, security practices, the impact of state privacy laws, facial recognition, and algorithmic decision-making, among others. The organization's focus extends beyond the national level, reaching out to international arenas as well.
Official website here: www.innovatorsnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Innovators Network Foundation has received a two-star rating from Charity Navigator, indicating that the organization requires improvements, particularly in its governance and financial transparency. With an overall score of 63%, the foundation faces challenges related to its board composition, as it lacks independent board members, which could affect its accountability and decision-making processes.
Despite these governance issues, the foundation demonstrates some positive financial indicators. It maintains a low liabilities to assets ratio of 13.75% and a program expense ratio of 67.62%, suggesting that a significant portion of its resources is directed towards its programs. However, the absence of financial statements and publicly available tax forms raises concerns about the organization's transparency and financial reporting practices.
While the foundation has established certain policies such as conflict of interest and whistleblower protections, the lack of independent oversight and incomplete financial documentation are critical areas needing attention. For potential donors and stakeholders, these factors highlight the importance of due diligence before supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Innovators Network Foundation Innovators Network legitimate?
Innovators Network Foundation Innovators Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovators Network Foundation Innovators Network 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,552
For more financial information, click here
Official website here: www.innovatorsnetwork.org
What is the mission statement of Innovators Network Foundation Innovators Network?
The Innovators Network Foundation's mission, as stated, is centered around supporting the development and progression of high-growth innovative technology and research. To achieve this, they engage in various activities that showcase thought leadership in various privacy-related issues. Their fellows actively contribute to the policy debate through various mediums, such as blogs, articles, and public appearances, covering a wide range of topics including privacy labeling, security, state laws, facial recognition, algorithmic decision-making, and deepfakes, among others. Their aim is to influence and shape the privacy landscape on both national and international levels.
Official website here: www.innovatorsnetwork.org
Who is the CEO of Innovators Network Foundation Innovators Network?
Morgan Reed is the President of Innovators Network Foundation Innovators Network.
Official website here: www.innovatorsnetwork.org
What is the revenue of Innovators Network Foundation Innovators Network?
Innovators Network Foundation Innovators Network's revenue in 2022 was $2,331,125.
Official website here: www.innovatorsnetwork.org
Who are the executives of Innovators Network Foundation Innovators Network and what are their salaries?
The average compensation at Innovators Network Foundation Innovators Network during 2022 was $51,517. There are 3 employees at Innovators Network Foundation Innovators Network.
Here are 4 key members and their salaries:
- Compensation: $24,000
- Related: $0
- Other: $720
- Compensation: $0
- Related: $534,800
- Other: $19,400
- Compensation: $0
- Related: $302,225
- Other: $15,067
- Compensation: $0
- Related: $323,600
- Other: $19,400
Official website here: www.innovatorsnetwork.org
Where can I find the form 990 for Innovators Network Foundation Innovators Network?
Innovators Network Foundation Innovators Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovatorsnetwork.org
Learn more at the official website: www.innovatorsnetwork.org
Mission Statement of Innovators Network Foundation Innovators Network
The Innovators Network Foundation Innovators Network is dedicated to fostering the development and progression of high-growth, innovative technology and research. Through their mission, they aim to contribute significantly to this field, influencing policy debates on various privacy-related issues. Their fellows have been instrumental in shaping these discussions, engaging in diverse formats such as writing articles, appearing on panels and podcasts, and being featured in documentaries and media outlets. Their work spans across state, federal, and international levels, covering topics like privacy labeling, security hygiene, implications of state privacy laws, facial recognition, algorithmic decision-making, and deepfakes, among others. The Innovators Network Foundation Innovators Network's commitment to these areas reflects their dedication to driving innovation and promoting informed policy-making in the realm of technology and privacy.
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Impact
October, 2024
Innovators Network Foundation Innovators Network significantly influences the landscape of technology and privacy policy through its innovative programs. The Privacy Fellowship empowers individuals to contribute to critical discussions surrounding privacy, encompassing a broad range of contemporary issues. Fellows engage in diverse activities, including writing insightful articles, blogs, and op-eds, and participating in panels and podcasts. Their thought leadership reaches various audiences, helping to elevate the conversation about privacy practices and legislation.
By focusing on pressing topics like privacy labeling, security hygiene, state privacy laws, facial recognition, algorithmic decision-making, and deepfakes, the fellows address complex challenges that affect individuals and organizations alike. Their proactive involvement ensures that as Congress navigates the complexities of comprehensive privacy legislation, informed perspectives and expert insights are readily available.
The foundation's mission to support the creation and advancement of high-growth innovative technology and research plays a vital role in shaping policies that protect individuals' rights while fostering innovation. Through this multifaceted approach, Innovators Network fosters a more informed and engaged public dialogue, helping to steer the future of privacy in the digital age.
This information is meant to be a general summary of Innovators Network Foundation Innovators Network. 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.
- Program Service Revenue: $2,213,125
- Gross Receipts: $2,331,125
Assets and Liabilities:
- Total Assets: $833,028
- Total Liabilities: $4,054
- Net Assets: $828,974
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Privacy
Revenue
$892,375
CompetitionAntitrust
Revenue
$472,500
CopyrightFrand IP
Revenue
$565,000
Internet Governance
Revenue
$283,250
Organization Details
Founding Year
2010
Phone
(202) 331-2130Principal Officer
Morgan Reed
Main Address
1401 K St NW Suite 501 Ste 501, Washington, DC, 20005
Website
www.innovatorsnetwork.orgNTEE Category
Code: P05 - Human services
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