Overview
What is Democracy Builders Fund Inc?
Democracy Builders Fund Inc, based in Mira Loma, California, is a nonprofit organization that previously aimed to promote democratic values and education through its Marlboro campus and the Degrees of Freedom Program. Unfortunately, the organization encountered financial challenges and was unable to secure the necessary funding to sustain its operations. Consequently, the Degrees of Freedom Program was discontinued, and Democracy Builders Fund Inc is currently in the process of planning its dissolution.
Official website here: www.democracybuilders.org
Is Democracy Builders Fund Inc legitimate?
Democracy Builders Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Democracy Builders Fund 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: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,875
For more financial information, click here
Official website here: www.democracybuilders.org
What is the mission statement of Democracy Builders Fund Inc?
Democracy Builders Fund Inc, regrettably, has decided to close its operations and dissolve. Prior to this decision, the organization was striving to sustain its recently acquired Marlboro campus and its Degrees of Freedom Program. However, due to insufficient funding, the Degrees of Freedom Program had to be shuttered. The primary mission of Democracy Builders Fund Inc, as stated in its plans to dissolve, was not explicitly provided in the given information.
Official website here: www.democracybuilders.org
Who is the CEO of Democracy Builders Fund Inc?
Marcellina Blow is the Chair And Ceo Terminated 04- of Democracy Builders Fund Inc. The CEO's salary of Democracy Builders Fund Inc is $65,500 and their total compensation is $65,500.
Official website here: www.democracybuilders.org
What is the revenue of Democracy Builders Fund Inc?
Democracy Builders Fund Inc's revenue in 2021 was $0.
Official website here: www.democracybuilders.org
Who are the executives of Democracy Builders Fund Inc and what are their salaries?
There 26 volunteers at Democracy Builders Fund Inc.
Here are 4 key members and their salaries (Democracy Builders Fund Inc's CEO's salary is $65,500 and their total compensation is $65,500):
- Compensation: $65,500
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
Official website here: www.democracybuilders.org
Where can I find the form 990 for Democracy Builders Fund Inc?
Democracy Builders Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.democracybuilders.org
Learn more at the official website: www.democracybuilders.org
Mission Statement of Democracy Builders Fund Inc
Democracy Builders Fund, Inc., an organization dedicated to its mission, has announced its plans to dissolve due to insufficient funding. Previously, the nonprofit had endeavored to sustain its recently acquired Marlboro campus and its Degrees of Freedom Program. Regrettably, the lack of necessary financial support led to the closure of the Degrees of Freedom Program. Prior to this, Democracy Builders Fund, Inc. had been committed to its mission, although the specific details of this mission were not provided in the given information.
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Impact
October, 2024
Democracy Builders Fund Inc had a significant focus on educational initiatives but ultimately faced challenges that hindered its impact. Despite its efforts, the organization was unable to secure the necessary funding to operate its Marlboro campus and sustain its Degrees of Freedom Program. As a result, both were shuttered, limiting the potential benefits they could have offered to the community. The decision to dissolve indicates a struggle in fostering educational opportunities and supporting democratic engagement, highlighting the difficulties faced by organizations relying on external funding in a competitive landscape.
This information is meant to be a general summary of Democracy Builders Fund 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 2021.
Assets and Liabilities:
- Total Assets: $384
- Total Liabilities: $2,107,261
- Net Assets: -$2,106,877
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Organization Details
Founding Year
2014
Principal Officer
Marcellina Blow
Main Address
PO BOX 481, Mira Loma, CA, 917520481
Website
www.democracybuilders.orgNTEE Category
Code: B01 - Education
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