Overview
What is The Nudge Foundation?
The Nudge Foundation is a nonprofit organization based in Irving, Texas, with the postal address 1227 Willowdale Lane, 75063. In the fiscal year 2022, they distributed grants totalling $1,680,850 to twelve charitable organizations in India, all working towards alleviating poverty. This foundation's mission encompasses promoting education, public welfare, and raising awareness about these causes in India, as well as in the United States. By providing financial support and advocating for these objectives, The Nudge Foundation contributes to improving living conditions and opportunities for underprivileged communities in India.
Official website here: www.thenudge.org
What are the reviews and ratings of this charity?
Rated at 82% by Charity Navigator, The Nudge Foundation earns a Three-Star out of Four Star rating based solely on its Accountability & Finance metrics. This score indicates a solid commitment to ethical financial practices and transparency, which is essential for maintaining donor trust and accountability.
The foundation showcases several strengths, including a perfect score in areas like material diversion of assets, conflict of interest policy, and document retention practices. The organization demonstrates sound financial management with a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed toward its mission-driven programs.
However, the foundation's fundraising efficiency ratio is notably low, which may raise concerns about its ability to raise funds effectively. With a ratio of $0.002, it suggests that the organization might need to improve its fundraising strategies. Overall, while The Nudge Foundation performs well in accountability and financial management, addressing its fundraising performance could enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Nudge Foundation legitimate?
The Nudge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nudge Foundation 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.
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Official website here: www.thenudge.org
What is the mission statement of The Nudge Foundation?
The Nudge Foundation's mission is focused on alleviating poverty and promoting education and public welfare in India. Additionally, the foundation seeks to raise awareness and garner support for these initiatives in the United States. Their activities involve providing financial grants to organizations that share their charitable objectives, aiming to help alleviate poverty. In the tax year 2022, they disbursed a total of USD 1,680,850 to twelve such organizations in India.
Official website here: www.thenudge.org
Who is the CEO of The Nudge Foundation?
Prashant Nagrath is the Director of The Nudge Foundation.
Official website here: www.thenudge.org
What is the revenue of The Nudge Foundation?
The Nudge Foundation's revenue in 2022 was $4,235,702.
Official website here: www.thenudge.org
Who are the executives of The Nudge Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.thenudge.org
Where can I find the form 990 for The Nudge Foundation?
The Nudge Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thenudge.org
Learn more at the official website: www.thenudge.org
Mission Statement of The Nudge Foundation
The Nudge Foundation, a nonprofit organization, is dedicated to supporting the mission of alleviating poverty and promoting education and public welfare in India. In line with this mission, the organization raises awareness and gathers support for such activities within the United States as well. In the fiscal year 2022, The Nudge Foundation disbursed grants totalling USD 1,680,850 to twelve organizations operating in India. These organizations share the common goal of working towards charitable purposes, with the primary objective of eradicating poverty.
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Impact
July, 2024
The Nudge Foundation has had a significant impact on poverty alleviation, education promotion, and public welfare in India. In the tax year 2022, the foundation sent grants totaling USD 1,680,850 to twelve organizations in India that work towards charitable purposes aimed at reducing poverty. This support has directly contributed to the improvement of living conditions and opportunities for disadvantaged communities in India.
This information is meant to be a general summary of The Nudge Foundation. 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.
- Investment Income: $10,375
- Gross Receipts: $4,235,702
Assets and Liabilities:
- Total Assets: $13,149,325
- Total Liabilities: $108,495
- Net Assets: $13,040,830
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Organization Details
Founding Year
2015
Phone
(214) 675-3144Principal Officer
Prashant Nagrath
Main Address
1227 WILLOWDALE LANE, IRVING, TX, 75063
Website
www.thenudge.orgNTEE Category
Code: Q32 - International
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