Overview
What is Olpc Inc?
Olpc Inc, situated in Miami, Florida, is a nonprofit organization dedicated to promoting education among underprivileged children globally. Their primary mission involves distributing educational laptops and tablets to these children, aiming to foster collaborative, enjoyable, and self-empowering learning experiences. Beyond device distribution, Olpc Inc also develops educational content for these devices, ensuring a comprehensive learning solution. This philanthropic organization strives to bridge the digital divide and provide equal educational opportunities to children in need, regardless of their socio-economic background.
Official website here: www.laptop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star Rating
Olpc Inc has received a low rating of 48% from Charity Navigator, indicating significant concerns regarding its accountability and financial health. The organization has no independent board members, which negatively impacts its governance score. While it has demonstrated no diversion of assets and provides a conflict of interest policy, it falls short in having essential policies such as a whistleblower policy and document retention, which are critical for transparency and accountability.
Despite having a commendable program expense ratio of 80.92%, which suggests that a large portion of its funds is directed towards programs, other financial metrics raise red flags. The liabilities to assets ratio is notably high at 101.56%, indicating that the organization's liabilities exceed its assets, which could pose financial stability issues moving forward. Moreover, the absence of required documentation on its website could hinder public trust in its operations.
Overall, while Olpc Inc has strengths in its program spending, the lack of independent oversight, insufficient policies, and concerning financial ratios highlight areas for improvement. Potential donors and supporters may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Olpc Inc?
98% of 26 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many users express strong support for the mission of OLPC Inc, emphasizing its significance in promoting education worldwide. The consensus highlights the organization's impactful initiatives in providing educational resources, especially in underserved communities.
Overall, the feedback indicates that OLPC Inc effectively delivers on its promise to improve global education, resonating positively with those who have benefited from or are aware of its work.
This AI summary has been generated from reviews found on Facebook.
Is Olpc Inc legitimate?
Olpc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olpc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.laptop.org
What is the mission statement of Olpc Inc?
Olpc Inc's mission is centered around empowering the world's least privileged children through education. They achieve this by developing and distributing educational laptops and tablet devices. These devices are designed to encourage collaborative, enjoyable, and self-empowering learning experiences. Olpc Inc's activities also include the creation of related educational programs for these devices, aiming to enhance the learning process for children in need.
Official website here: www.laptop.org
Who is the CEO of Olpc Inc?
Roberto Zamora is the Secretary/Tr of Olpc Inc.
Official website here: www.laptop.org
What is the revenue of Olpc Inc?
Olpc Inc's revenue in 2022 was $69,737.
Official website here: www.laptop.org
Who are the executives of Olpc Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.laptop.org
Where can I find the form 990 for Olpc Inc?
Olpc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.laptop.org
Learn more at the official website: www.laptop.org
Mission Statement of Olpc Inc
Olpc Inc, a nonprofit organization, is committed to empowering the world's poorest children through education. They achieve this mission by developing and distributing educational laptops and tablet devices. The aim is to facilitate collaborative, joyful, and self-empowered learning experiences for these children. Olpc Inc's initiatives are designed to promote educational programs tailored to the devices they distribute, thereby contributing to the overall educational development of these children.
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Impact
August, 2024
Olpc Inc's impact lies in its mission to empower the world's poorest children through education, by distributing educational laptops and tablet devices that encourage collaborative, joyful, and self-empowered learning experiences. Through the distribution of these devices and the development of educational programs, Olpc Inc is providing children with access to valuable educational resources that can help bridge the digital divide and improve learning outcomes. By focusing on providing technology-driven educational tools to underserved communities, Olpc Inc is making a positive impact on the lives of children who may not have access to such resources otherwise.
This information is meant to be a general summary of Olpc 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.
- Gross Receipts: $309,373
Assets and Liabilities:
- Total Assets: $5,476,123
- Total Liabilities: $5,561,735
- Net Assets: -$85,612
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Organization Details
Founding Year
2014
Phone
(305) 374-6001Principal Officer
Roberto Zamora
Main Address
2340 SOUTH DIXIE HIGHWAY, MIAMI, FL, 33133
Website
www.laptop.orgNTEE Category
Code: B90 - Education
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