Overview
What is Fight The Kraken Corporation?
Fight The Kraken Corporation is a nonprofit organization situated in Douglassville, Pennsylvania. Their primary mission is to raise awareness about water contamination, specifically focusing on the Great Pacific Garbage Patch, a significant issue caused by human waste and misuse of our global water resource. To achieve this goal, they visit schools and various groups with their boat, which they used during their Pacific Ocean journey in 2016. This journey serves as a powerful reference to highlight the issue of water contamination. In addition to raising awareness, Fight The Kraken Corporation aims to generate funding for the Ocean Conservancy, contributing to their ongoing and future cleanup efforts. They also strive to demonstrate that humans can enjoy our natural resources without causing any negative impact. Moreover, the organization seeks to educate the public about the extent of our impact on the ocean, hoping to inspire positive change. The nonprofit provides these visits free of charge, accepting donations to support their cause.
Official website here: www.fightthekraken.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 70%)
Fight The Kraken Corporation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and governance. With an overall score of 70%, the charity shows a solid program expense ratio of 87.08%, suggesting that it allocates a significant portion of its resources to its programs. However, the organization lacks independent board members, which raises concerns about its governance structure.
The nonprofit has several strengths, including a clean record regarding material diversion of assets and a well-established conflict of interest policy. It also maintains proper documentation for board meeting minutes and has a solid liability to assets ratio of 0.00%, indicating financial stability. However, it faces challenges due to the absence of a whistleblower policy and the failure to post its tax forms on the nonprofit's website, which could affect transparency and accountability.
Overall, while Fight The Kraken Corporation demonstrates a commitment to its mission with a high program expense ratio and good financial practices, the lack of independent oversight and certain transparency issues highlight areas that need attention for improvement. As it works to enhance its governance and public accountability, these factors should be considered by potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Fight The Kraken Corporation legitimate?
Fight The Kraken Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fight The Kraken Corporation 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.fightthekraken.org
What is the mission statement of Fight The Kraken Corporation?
Fight The Kraken Corporation aims to shed light on the atrocity of the Great Pacific Garbage Patch, a consequence of human waste and misuse that has negatively impacted our most valuable global resource – water. The organization's primary goal is to generate funding for the Ocean Conservancy, supporting their ongoing and future cleanup initiatives. In addition, Fight The Kraken Corporation seeks to demonstrate the possibility of enjoying natural resources without causing any negative impact. Furthermore, the organization aims to educate the public about the true extent of our impact on the ocean, hoping to raise awareness and inspire change.
Official website here: www.fightthekraken.org
Who is the CEO of Fight The Kraken Corporation?
Vicki Otmani is the President of Fight The Kraken Corporation.
Official website here: www.fightthekraken.org
What is the revenue of Fight The Kraken Corporation?
Fight The Kraken Corporation's revenue in 2020 was $0.
Official website here: www.fightthekraken.org
Who are the executives of Fight The Kraken Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fightthekraken.org
Where can I find the form 990 for Fight The Kraken Corporation?
Fight The Kraken Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.fightthekraken.org
Learn more at the official website: www.fightthekraken.org
Mission Statement of Fight The Kraken Corporation
Fight the Kraken Corporation is an organization dedicated to shedding light on the devastating issue of the Great Pacific Garbage Patch. Recognizing the damage humans have inflicted upon our most valuable global resource – water – through waste and misuse, the corporation aims to raise awareness about this pressing concern. Their mission is twofold: firstly, to generate funding for the Ocean Conservancy, aiding in their ongoing and future cleanup efforts. Secondly, Fight the Kraken Corporation seeks to educate the public, demonstrating the potential for humans to enjoy our natural resources without causing harm. Additionally, the organization intends to highlight the true impact of our actions on the ocean, serving as a stark reminder of the consequences of our wasteful practices.
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Impact
October, 2024
Fight The Kraken Corporation significantly impacts ocean conservation by raising awareness about the Great Pacific Garbage Patch and the broader issue of water pollution. By highlighting the detrimental effects of human activities on our oceans, the organization fosters a deeper understanding among the public regarding the environmental challenges we face.
Through engaging educational initiatives, such as visits to schools and community groups, Fight The Kraken utilizes a firsthand account of an ocean adventure to illustrate the real implications of water contamination. This interactive approach effectively captivates audiences, spurring discussions on responsible usage and preservation of our natural resources.
In addition to education, Fight The Kraken aims to generate funding for cleanup efforts carried out by the Ocean Conservancy. By shining a light on the pressing need for action, the organization not only galvanizes support for current and future conservation projects but also reinforces the message that sustainable enjoyment of our oceans is possible without causing harm.
Ultimately, Fight The Kraken Corporation serves as a catalyst for change, promoting awareness and action towards preserving our oceans for future generations. Through its initiatives, it embodies the ethos that collective responsibility and informed choices can lead to a healthier planet.
This information is meant to be a general summary of Fight The Kraken Corporation. 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 2020.
Assets and Liabilities:
- Total Assets: $56,780
- Total Liabilities: $0
- Net Assets: $56,780
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Organization Details
Founding Year
2015
Phone
(267) 992-9229Principal Officer
Vicki Otmani
Main Address
PO BOX 194, DOUGLASSVILLE, PA, 19518
Website
www.fightthekraken.orgNTEE Category
Code: N20 - Recreation
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