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Code Redd

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

EIN: 460888828 ✦ Mill valley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Code Redd?

Code Redd is a nonprofit organization, based in Mill Valley, California, dedicated to supporting and scaling the REDD+ mechanism to achieve its full potential in empowering people, preserving forests, protecting wildlife, and reducing emissions. They primarily focus on engaging businesses to build support for avoided deforestation projects, providing technical consultancy on independent standards and verification. Additionally, they share information with project partners about the latest trends in business support for nature-based climate solutions. One of their key initiatives is an interactive website, recently redesigned and upgraded, to improve user engagement. With a team of one dedicated individual, Code Redd continues to make significant contributions towards the conservation of the environment.


Official website here: www. coderedd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars

Code Redd has received a low rating of one star from Charity Navigator, which reflects significant concerns regarding its overall accountability and financial management. With an overall score of only 55%, the nonprofit has demonstrated weaknesses, particularly in board independence, as it has no independent members. Despite some positive scoring in areas like material diversion of assets and policy listings, the lack of independent oversight raises questions about governance.

The organization appears to have a relatively high program expense ratio at 64.43%, indicating a focus on programmatic spending. However, the liabilities to assets ratio is alarmingly high at 797.10%, which suggests severe financial instability. This imbalance could potentially hinder the organization’s ability to sustain its programs and operations over time.

Overall, while Code Redd may have some operational policies in place, the lack of independent board members and the concerning financial ratios highlight critical areas for improvement. Stakeholders should approach their support with caution, considering the organization's current governance and financial challenges.


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

Is Code Redd legitimate?

Code Redd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Code Redd 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: $46,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www. coderedd.org

What is the mission statement of Code Redd?

Code Redd's mission is geared towards supporting and expanding the REDD+ mechanism to maximize its potential to empower communities, preserve forests, protect wildlife, and reduce emissions. This organization strives to achieve this goal by engaging with various businesses to build support for projects that prevent deforestation, offering technical consultancy on standards and verification, and highlighting the benefits of such projects compared to other climate mitigation strategies. In addition, the organization provides ongoing support to its project partners by keeping them informed about the latest trends in business support for nature-based climate solutions. A key component of their work is the maintenance of an interactive website, which was recently revamped and improved to enhance user engagement.


Official website here: www. coderedd.org

Who is the CEO of Code Redd?

Michael Radomir is the President of Code Redd.


Official website here: www. coderedd.org

What is the revenue of Code Redd?

Code Redd's revenue in 2022 was $89,146.


Official website here: www. coderedd.org

Who are the executives of Code Redd and what are their salaries?

The average compensation at Code Redd during 2022 was $46,077. There is 1 employee at Code Redd.


Here are 4 key members and their salaries:


Mike Korchinsky (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Radomir (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mcfarland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www. coderedd.org

Where can I find the form 990 for Code Redd?

Code Redd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www. coderedd.org

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

Mission Statement of Code Redd

Code Redd, a mission-driven organization, aims to amplify and expand the REDD+ mechanism's potential to empower people, safeguard forests, protect wildlife, and reduce emissions. By collaborating with businesses, Code Redd focuses on providing technical expertise in independent standards and verification for forest conservation projects, comparing these initiatives with other climate mitigation strategies.

In addition, Code Redd supports its project partners with the latest information regarding business support for nature-based climate solutions. Notably, the organization has revamped its interactive website, enhancing user engagement and metrics. Code Redd's mission is to empower people, preserve forests, protect wildlife, and combat climate change through the REDD+ mechanism, making a significant contribution to global efforts in sustainable development.

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Impact




June, 2024

Code Redd's impact lies in its dedication to supporting and scaling the REDD+ mechanism to empower people, preserve forests, protect wildlife, and reduce emissions. Through its engagement with businesses, Code Redd provides technical consultancy on independent standards and verification for avoided deforestation projects. By focusing on comparative benefits with other climate mitigation projects, Code Redd helps businesses understand the value of nature-based climate solutions.

Furthermore, through its interactive website, Code Redd enhances user engagement and provides the latest trends in business support for nature-based climate solutions. This redesign and upgrade of the website have resulted in better user metrics, indicating an increase in awareness and engagement with the organization's mission.

Overall, Code Redd's impact can be seen in its efforts to drive support for avoided deforestation projects, educate businesses on the benefits of nature-based climate solutions, and empower stakeholders to take action towards a more sustainable future.




This information is meant to be a general summary of Code Redd. 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
$89,146 (2022)
Expenses
$183,786 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $328,834

Assets and Liabilities:

  • Total Assets: $100,483
  • Total Liabilities: $800,953
  • Net Assets: -$700,470

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Organization Details

Founding Year

2012

Principal Officer

Michael Radomir

Main Address

495 MILLER AVENUE 100, Mill Valley, CA, 94941

NTEE Category

Code: C02 - Environment

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