Overview
What is Activate Global Inc?
Activate Global Inc is a nonprofit organization headquartered in Berkeley, California, with a total workforce of 43 employees. Their mission is to empower scientists by bridging the gap between academia and business, guiding them in transforming their groundbreaking research into viable commercial solutions. Activate achieves this by offering fellowship programs, strategic guidance, educational programming, and access to a network of industry mentors and advisors. Through these initiatives, the organization has supported the launch of 106 new companies since 2015. Activate continues to expand its fellowship program, aiming to identify and support 100 new fellows annually by 2025 in various locations.
Official website here: www.activate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Activate Global Inc has achieved a high level of accountability and financial management, as evidenced by its impressive 97% score from Charity Navigator. The organization demonstrates strong governance with an entirely independent board and robust oversight practices, including well-documented policies for conflicts of interest and whistleblower protections. This level of transparency reflects a commitment to ethical operations and responsible stewardship of funds.
The nonprofit excels in its financial metrics, with a program expense ratio of 73.88%, indicating that a significant majority of its expenditures directly support its mission-related activities. Additionally, its fundraising efficiency is noteworthy, with only $0.03 spent to raise each dollar, showcasing effective resource management. The liabilities to assets ratio of 8.36% further illustrates its sound financial health, allowing for sustained operational stability.
While the organization shows strong performance indicators, it's essential for potential donors and stakeholders to remain aware of ongoing evaluations of program impact and effectiveness. Overall, Activate Global Inc stands out as a well-managed nonprofit that prioritizes accountability and mission-driven outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Activate Global Inc legitimate?
Activate Global Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Activate Global 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: $2,213,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,825,085
For more financial information, click here
Official website here: www.activate.org
What is the mission statement of Activate Global Inc?
Activate Global Inc is dedicated to empowering scientists to transform their research into marketable solutions. The organization bridges the gap between the public sector and private industry, guiding entrepreneurial scientists through a fellowship program that helps them bring their innovations to life. Activate offers essential strategic support, educational programming, and access to a network of scientific and business mentors and advisors. Since its inception in 2015, the organization has supported over 100 fellows, leading to the launch of 106 new companies. Their mission remains focused on expanding the fellowship program and attracting the necessary funds for continued growth. By 2025, Activate aims to identify and support 100 new fellows annually.
Official website here: www.activate.org
Who is the CEO of Activate Global Inc?
Matthew Price is the Ceo of Activate Global Inc. The CEO's salary of Activate Global Inc is $489,417 and their total compensation is $497,826.
Official website here: www.activate.org
What is the revenue of Activate Global Inc?
Activate Global Inc's revenue in 2022 was $18,338,872.
Official website here: www.activate.org
Who are the executives of Activate Global Inc and what are their salaries?
The average compensation at Activate Global Inc during 2022 was $117,187. There are 43 employees and 7 volunteers at Activate Global Inc.
Here are 20 key members and their salaries (Activate Global Inc's CEO's salary is $489,417 and their total compensation is $497,826):
- Compensation: $489,417
- Related: $0
- Other: $8,409
- Compensation: $274,508
- Related: $0
- Other: $39,626
- Compensation: $269,956
- Related: $0
- Other: $12,737
- Compensation: $222,189
- Related: $0
- Other: $23,799
- Compensation: $236,875
- Related: $0
- Other: $1,496
- Compensation: $199,078
- Related: $0
- Other: $19,497
- Compensation: $184,023
- Related: $0
- Other: $18,092
- Compensation: $168,264
- Related: $0
- Other: $29,480
- Compensation: $152,340
- Related: $0
- Other: $10,961
- Compensation: $135,392
- Related: $0
- Other: $21,566
- Compensation: $130,758
- Related: $0
- Other: $12,119
- Compensation: $135,833
- Related: $0
- Other: $2,976
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.activate.org
Where can I find the form 990 for Activate Global Inc?
Activate Global Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.activate.org
Learn more at the official website: www.activate.org
Mission Statement of Activate Global Inc
Activate Global Inc, a mission-driven organization, is dedicated to empowering scientists to make a significant impact on the world by transforming their research into marketable solutions. By bridging the gap between academia and industry, Activate enables these innovative minds to bring their groundbreaking ideas to fruition.
Through a fellowship program, Activate Global, Inc. offers strategic guidance, essential services, and educational programming to scientists, guiding them through the process of establishing successful businesses. In doing so, the organization fosters a thriving community of entrepreneurial scientists, who by 2025, are expected to number 100 each year in various locations.
Since its inception in 2015, Activate Global has already seen impressive results, with 106 new companies being launched under the guidance of its fellowship program. As the organization continues to expand, its focus remains steadfast on attracting the necessary funding to support a growing number of fellows and their innovative projects.
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Impact
October, 2024
Activate Global Inc empowers scientists to transform their groundbreaking research into viable commercial solutions that can significantly impact various sectors, particularly in addressing environmental challenges. By collaborating with U.S.-based funders, research institutions, and key players in the hard technology community, Activate cultivates a supportive ecosystem for innovation.
The organization's fellowship program equips scientific entrepreneurs with strategic guidance, educational resources, and access to a network of mentors and advisors. This comprehensive support system has led to the establishment of 106 new companies since 2015, illustrating the organization's role in fostering high-impact entrepreneurship.
With a focus on expansion, Activate aims to support 100 new fellows annually by 2025 across more locations, further enhancing its capacity to translate scientific advancements into practical applications that address urgent societal needs. Through these initiatives, Activate Global Inc not only advances scientific entrepreneurship but also plays a critical role in redefining the intersection of research and market viability, particularly in addressing global environmental issues.
This information is meant to be a general summary of Activate Global 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: -$720
- Gross Receipts: $18,339,648
Assets and Liabilities:
- Total Assets: $17,956,165
- Total Liabilities: $1,496,171
- Net Assets: $16,459,994
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Organization Details
Founding Year
2015
Phone
(510) 590-6685Principal Officer
Matthew Price
Main Address
2600 Tenth Street Suite 300, Berkeley, CA, 94710
Website
www.activate.orgNTEE Category
Code: C02 - Environment
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