Overview
What is Numfocus Inc?
Numfocus Inc, based in Austin, Texas, serves as a driving force in advancing open-source computing tools. Established at PO Box 90596, this nonprofit organization actively promotes and supports ongoing research and development in this field through various channels. With a dedicated team of 16 individuals, Numfocus leverages educational, community, and public platforms to foster innovation and progress in open-source computing. Although specific programs or activities are not explicitly mentioned, the organization's focus on open-source technology suggests its commitment to nurturing a vibrant community of developers and researchers.
Official website here: www.numfocus.org
What are the reviews and ratings of this charity?
Numfocus Inc has earned an 85% rating from Charity Navigator, achieving a Three-Star out of Four Stars designation. This rating underscores good accountability and finance practices, although much of the score derives from one beacon score focused solely on financial health. Significantly, the organization has a fully independent board, showing strong governance, but it lacks certain essential policies like a whistleblower and document retention policy.
The nonprofit displays impressive financial ratios, such as an 83.45% program expense ratio, indicating that the majority of its funds are directed toward mission-related activities. However, a notable weakness is its fundraising efficiency, which is low, pointing to potential challenges in raising funds effectively. Despite this, the organization maintains a healthy working capital ratio, suggesting it is well-positioned financially over the long term.
User reviews from GreatNonprofits were not available for assessment, so public sentiment regarding Numfocus Inc cannot be gauged from that source. Overall, while the organization demonstrates strong financial governance, it must address policy gaps to enhance its overall accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Numfocus Inc legitimate?
Numfocus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Numfocus 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: $144,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,768
For more financial information, click here
Official website here: www.numfocus.org
What is the mission statement of Numfocus Inc?
Numfocus Inc. is dedicated to promoting and fostering the continuous advancement of open-source computing tools. They accomplish this mission through various means, including educational initiatives, community outreach, and public engagement. The organization's primary goal is to support the ongoing research and development of these open-source tools, contributing to the wider technological landscape.
Official website here: www.numfocus.org
Who is the CEO of Numfocus Inc?
Leah Silen is the Executive Director of Numfocus Inc.
Official website here: www.numfocus.org
What is the revenue of Numfocus Inc?
Numfocus Inc's revenue in 2022 was $9,289,091.
Official website here: www.numfocus.org
Who are the executives of Numfocus Inc and what are their salaries?
The average compensation at Numfocus Inc during 2022 was $58,255. There are 16 employees and 384 volunteers at Numfocus Inc.
Here are 9 key members and their salaries:
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Official website here: www.numfocus.org
Where can I find the form 990 for Numfocus Inc?
Numfocus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.numfocus.org
Learn more at the official website: www.numfocus.org
Mission Statement of Numfocus Inc
Numfocus Inc, a nonprofit organization, is dedicated to fostering and sustaining the advancement of open-source computing tools. They achieve this mission through various means, including educational programs, community outreach, and public engagement. By promoting and supporting open-source research and development, Numfocus contributes to the ongoing evolution of these tools, ensuring they remain accessible and beneficial for a wide range of users.
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Impact
July, 2024
Numfocus Inc's impact lies in promoting and supporting the ongoing research and development of open-source computing tools through educational, community, and public channels. By doing so, Numfocus empowers scientists, researchers, and developers to collaborate and innovate in a transparent and accessible manner. This impact reverberates across various fields of science research, enabling advancements and breakthroughs that benefit society as a whole.
This information is meant to be a general summary of Numfocus 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 2022.
- Investment Income: $2,468
- Program Service Revenue: $2,427,512
- Gross Receipts: $9,289,091
Assets and Liabilities:
- Total Assets: $11,998,454
- Total Liabilities: $497,308
- Net Assets: $11,501,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PyData Educational progra
Revenue
$1,043,727
Service Agreements
Revenue
$1,383,785
Organization Details
Founding Year
2012
Phone
(512) 831-2870Principal Officer
Leah Silen
Main Address
PO BOX 90596, AUSTIN, TX, 78709
Website
www.numfocus.orgNTEE Category
Code: U03 - Science research
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