Overview
What is Busara Center For Behavioral Economics Inc?
Busara Center for Behavioral Economics Inc, located at 28 Spring St 193, Princeton, NJ 08542, is a nonprofit organization with a mission to advance and apply behavioral science in the pursuit of poverty alleviation. They carry out research in various fields, including analyzing existing datasets and preparing data for numerous publications and working papers. With a team of 3 individuals, they conduct studies in several locations such as Nairobi-Kenya, Trenton-New Jersey, Lagos-Nigeria, Delhi-India, Uganda, and Tanzania, aiming to contribute to the field of behavioral economics. The organization's projects focus on utilizing behavioral science to address societal challenges and improve well-being.
Official website here: www.busara.global
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 93% (Four-Star out of Four Stars)**
The Busara Center for Behavioral Economics Inc has achieved a high score of 93% on Charity Navigator, securing a Four-Star rating. This score primarily reflects its strong performance in Accountability & Finance. The organization stands out for having a predominantly independent board, stringent oversight practices, and effective financial management, notably with no noted material diversions of assets.
Among its strengths, the nonprofit demonstrates commendable fund allocation, directing 75.20% of its expenses towards its programs. However, there are concerns regarding fundraising efficiency, as indicated by a lower score in this category, signaling that fundraising may not be as cost-effective as desired. Despite this, the organization maintains solid financial ratios, highlighting its stability and operational capabilities.
Not Available.
This AI summary has been generated from information found on Charity Navigator.
Is Busara Center For Behavioral Economics Inc legitimate?
Busara Center For Behavioral Economics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Busara Center For Behavioral Economics 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: $152,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,443,617
For more financial information, click here
Official website here: www.busara.global
What is the mission statement of Busara Center For Behavioral Economics Inc?
The Busara Center for Behavioral Economics Inc is dedicated to advancing and applying behavioral science to combat poverty. They collaborate with researchers and organizations worldwide, including locations in Kenya, Nigeria, India, Uganda, and Tanzania. Their mission involves conducting studies to gather data for various publications and work papers, analyzing existing datasets for further experimentation and design, and contributing to poverty alleviation efforts. The center's activities aim to utilize behavioral science in various fields to bring about meaningful change.
Official website here: www.busara.global
Who is the CEO of Busara Center For Behavioral Economics Inc?
Chaning Ahn Wong Jang is the CEO of Busara Center For Behavioral Economics Inc The CEO's salary of Busara Center For Behavioral Economics Inc is $140,154 and their total compensation is $152,546.
Official website here: www.busara.global
What is the revenue of Busara Center For Behavioral Economics Inc?
Busara Center For Behavioral Economics Inc's revenue in 2023 was $11,385,819.
Official website here: www.busara.global
Who are the executives of Busara Center For Behavioral Economics Inc and what are their salaries?
The average compensation at Busara Center For Behavioral Economics Inc during 2023 was $919,233. There are 5 employees and 8 volunteers at Busara Center For Behavioral Economics Inc.
Here are 10 key members and their salaries (Busara Center For Behavioral Economics Inc's CEO's salary is $140,154 and their total compensation is $152,546):
- Compensation: $140,154
- Related: $0
- Other: $12,392
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $113,030
- Related: $0
- Other: $11,640
Official website here: www.busara.global
Where can I find the form 990 for Busara Center For Behavioral Economics Inc?
Busara Center For Behavioral Economics Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.busara.global
Learn more at the official website: www.busara.global
Mission Statement of Busara Center For Behavioral Economics Inc
Busara Center for Behavioral Economics Inc is an organization that focuses on leveraging behavioral science to combat poverty. They collaborate with researchers and various entities to apply this field of study in a practical manner, with ongoing projects in Nairobi, Kenya, Trenton, New Jersey, Lagos, Nigeria, Delhi, India, Uganda, and Tanzania. The organization's mission is to advance and utilize behavioral science to contribute towards poverty alleviation. Busara Center for Behavioral Economics Inc engages in various projects, conducting research to gather data for numerous publications and work papers. Furthermore, they analyze existing datasets for further experimentation and design, aiming to make a significant impact in their chosen fields.
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Impact
July, 2024
Busara Center For Behavioral Economics Inc's impact can be seen through the 121 active projects it ran in various fields applying behavioral science. The organization worked on conducting research to aid in data preparation for numerous publications and working papers. By analyzing existing datasets for further experimentation and design, Busara Center contributed to the advancement and application of behavioral science in pursuit of poverty alleviation. Their current studies span across locations such as Nairobi-Kenya, Trenton-New Jersey, Lagos-Nigeria, Delhi-India, Uganda, and Tanzania, showcasing a global impact in the field of behavioral economics.
This information is meant to be a general summary of Busara Center For Behavioral Economics 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: $29,950
- Program Service Revenue: $4,430,849
- Gross Receipts: $11,385,819
Assets and Liabilities:
- Total Assets: $9,240,998
- Total Liabilities: $4,143,267
- Net Assets: $5,097,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$4,401,439
LAB INCOME
Revenue
$29,410
Organization Details
Founding Year
2013
Principal Officer
Chaning Jang
Website
www.busara.globalNTEE Category
Code: Q30 - International
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