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Novak Djokovic Foundation Usa

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

EIN: 454219615 ✦ Mooresville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Novak Djokovic Foundation Usa?

Novak Djokovic Foundation USA is a nonprofit organization situated in Mooresville, North Carolina. Its primary objective is to make grants to charitable organizations, as per Section 501(c)(3) of the U.S. Internal Revenue Code, with the aim of enhancing educational quality and supporting underprivileged children in Serbia. In the course of its operations, the foundation remitted grants totaling $552,327 to qualified organizations, with the Novak Djokovic Foundation in Serbia being a significant recipient.


Official website here: www.novakdjokovicfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Novak Djokovic Foundation USA has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating signifies that the organization meets high standards of operational transparency and responsible financial management, which is critical for donor trust and support.

The foundation demonstrates exceptional governance with a fully independent board, scoring full points in several key areas such as the absence of material diversion of assets and the presence of documented board meeting minutes. With a program expense ratio of 86.05%, it shows that a significant majority of its expenditures are directed towards its charitable programs, indicating a focus on effective use of resources.

However, it is worth noting that while the foundation has robust policies in many areas, it lacks a whistleblower policy, which may be a limitation in terms of fostering an environment of accountability. Overall, the Novak Djokovic Foundation USA exhibits strong financial health and governance practices, making it a trustworthy option for potential donors.


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

What do the Facebook reviews say about Novak Djokovic Foundation Usa?

98% of 404 reviewers on Facebook recommend the Novak Djokovic Foundation USA. Here is a summary of their reviews:

Many reviewers express admiration for the organization and its team, highlighting their genuine dedication and compassion. Comments reflect a strong belief that the foundation is making a positive impact, particularly in the areas they focus on, indicating that supporters feel the mission is both inspiring and effectively executed.

Overall, the sentiment surrounding the Novak Djokovic Foundation is overwhelmingly positive, with contributors portraying it as a trustworthy and impactful nonprofit that truly cares about advancing its causes.


This AI summary has been generated from reviews found on Facebook.

Is Novak Djokovic Foundation Usa legitimate?

Novak Djokovic Foundation Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Novak Djokovic Foundation Usa 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.novakdjokovicfoundation.org

What is the mission statement of Novak Djokovic Foundation Usa?

The Novak Djokovic Foundation USA is dedicated to supporting charitable organizations that fall under Section 501(c)(3) of the U.S. Internal Revenue Code. Its primary aim is to enhance the quality of education in Serbia and provide assistance to underprivileged children in the country. To accomplish this mission, the foundation makes grants to eligible organizations, as demonstrated by its distribution of $552,327 in grants during its operational year. These grants were allocated to various charitable organizations, in line with the foundation's commitment to improving education and aiding disadvantaged children in Serbia.


Official website here: www.novakdjokovicfoundation.org

Who is the CEO of Novak Djokovic Foundation Usa?

Novak Djokovic is the Member And Director of Novak Djokovic Foundation Usa.


Official website here: www.novakdjokovicfoundation.org

What is the revenue of Novak Djokovic Foundation Usa?

Novak Djokovic Foundation Usa's revenue in 2021 was $1,704,954.


Official website here: www.novakdjokovicfoundation.org

Who are the executives of Novak Djokovic Foundation Usa and what are their salaries?


Here are 3 key members and their salaries:


Novak Djokovic (Member And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jelena Djokovic (Member And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Tarpley (Member And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.novakdjokovicfoundation.org

Where can I find the form 990 for Novak Djokovic Foundation Usa?

Novak Djokovic Foundation Usa's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.novakdjokovicfoundation.org

Learn more at the official website: www.novakdjokovicfoundation.org

Mission Statement of Novak Djokovic Foundation Usa

Novak Djokovic Foundation USA is a charitable organization with a mission to enhance the quality of education in Serbia and support underprivileged children within the country. In line with this objective, the organization makes grants to other 501(c)(3) nonprofits as outlined in the U.S. Internal Revenue Code of 1986. Throughout its operational year, Novak Djokovic Foundation USA has allocated grants totaling $552,327 towards initiatives that align with its mission statement, thereby contributing to the betterment of education for disadvantaged children in Serbia.

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Impact




July, 2024

The Novak Djokovic Foundation USA's impact can be seen through its dedication to improving the quality of education in Serbia and benefiting underprivileged children in the country. In a year of operation, the organization remitted grants totaling $552,327 to charitable organizations aligned with its mission. Notably, these grants supported the Novak Djokovic Foundation in Serbia, furthering the cause of education and uplifting disadvantaged children. The Foundation's active involvement in enhancing educational opportunities and supporting vulnerable youth underscores its commitment to making a meaningful difference in Serbia.




This information is meant to be a general summary of Novak Djokovic Foundation Usa. 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
$1,704,954 (2021)
Expenses
$690,203 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $1,704,954

Assets and Liabilities:

  • Total Assets: $2,749,910
  • Total Liabilities: $0
  • Net Assets: $2,749,910

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Organization Details

Founding Year

2011

Principal Officer

Novak Djokovic

Main Address

co 150 Fairview Road 333, Mooresville, NC, 28117

NTEE Category

Code: Q12 - International

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