Overview
What is Civic Hall Labs Inc?
Civic Hall Labs Inc is a nonprofit organization situated in New York, with a focus on developing technology that benefits the public. Their approach is collaborative, involving various stakeholders in the design, construction, and implementation of these tech solutions. The organization also houses a learning center, fostering an inclusive environment that encourages others to follow suit. Their mission is to create technology for the greater good, contributing positively to society.
Official website here: www.civichall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Civic Hall Labs Inc has received an 81% score from Charity Navigator, reflecting its strengths primarily in accountability and finance. The organization has demonstrated solid practices, including a fully independent board and well-managed financial oversight. Notably, there are no material diversions of assets, and they have comprehensive policies in place regarding conflicts of interest and whistleblower protections.
One of the organization's strengths is its fundraising efficiency, which stands out with an exceptional ratio of $0.05. Additionally, Civic Hall Labs has successfully maintained a good working capital ratio of 0.71 years. However, it faces some limitations, such as a liabilities to assets ratio of 59.52%, and a program expense ratio of 66.64%, which suggests that while they are efficient in fundraising, a portion of their revenue is not being directed towards programs as effectively as possible.
Overall, the organization appears to be well-managed with a strong commitment to transparency and accountability. However, potential donors may want to consider the program expense ratio when evaluating the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Civic Hall Labs Inc legitimate?
Civic Hall Labs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic Hall Labs 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: $185,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $569,626
For more financial information, click here
Official website here: www.civichall.org
What is the mission statement of Civic Hall Labs Inc?
Civic Hall Labs Inc is committed to collaboratively designing, building, and piloting technology aimed at benefiting the public good. They employ an inclusive process and operate a learning center to facilitate this mission. The organization's primary focus is on fostering an environment that encourages others to follow suit in their pursuit of technology for the greater good.
Official website here: www.civichall.org
Who is the CEO of Civic Hall Labs Inc?
Christine Mcmahon is the President & Ceo Of Fedcap of Civic Hall Labs Inc. The CEO's salary of Civic Hall Labs Inc is $195,555 and their total compensation is $209,629.
Official website here: www.civichall.org
What is the revenue of Civic Hall Labs Inc?
Civic Hall Labs Inc's revenue in 2022 was $6,066,296.
Official website here: www.civichall.org
Who are the executives of Civic Hall Labs Inc and what are their salaries?
The average compensation at Civic Hall Labs Inc during 2022 was $94,420. There are 8 employees at Civic Hall Labs Inc.
Here are 8 key members and their salaries (Civic Hall Labs Inc's CEO's salary is $195,555 and their total compensation is $209,629):
- Compensation: $195,555
- Related: $0
- Other: $14,074
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $586,943
- Other: $168,958
- Compensation: $0
- Related: $271,616
- Other: $27,193
- Compensation: $0
- Related: $199,905
- Other: $8,151
- Compensation: $114,748
- Related: $0
- Other: $10,982
- Compensation: $152,500
- Related: $0
- Other: $0
Official website here: www.civichall.org
Where can I find the form 990 for Civic Hall Labs Inc?
Civic Hall Labs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.civichall.org
Learn more at the official website: www.civichall.org
Mission Statement of Civic Hall Labs Inc
Civic Hall Labs Inc, a nonprofit organization, is committed to collaboratively designing, building, and piloting technology for the betterment of society. Their mission is to promote an inclusive process and establish a learning center, utilizing technology as a tool for public good. The organization seeks to facilitate this endeavor by collaborating with other entities, aiming to empower them to replicate this approach.
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Impact
July, 2024
Civic Hall Labs Inc collaboratively designs, builds, and pilots technology for the public good, fostering community improvement through its inclusive process and learning center in New York. Its impact is seen in the innovative tech solutions created to address social challenges and empower communities to thrive.
This information is meant to be a general summary of Civic Hall Labs 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.
- Investment Income: $1
- Gross Receipts: $6,066,296
Assets and Liabilities:
- Total Assets: $6,586,593
- Total Liabilities: $3,920,941
- Net Assets: $2,665,652
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Organization Details
Founding Year
2015
Phone
(212) 727-4200Principal Officer
Christine Mcmahon
Main Address
633 THIRD AVENUE 6TH FL, NEW YORK, NY, 10017
Website
www.civichall.orgNTEE Category
Code: S20 - Community improvement
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