Overview
What is Thousand Currents?
Thousand Currents is a nonprofit organization based in San Francisco, California, with approximately 19 employees. Established nearly 40 years ago, they have invested over $31 million in grassroots groups and movements in the Global South, particularly those led by women, youth, and indigenous peoples. These organizations work towards improving social, economic, and political conditions in their communities, with innovative and impactful solutions. Thousand Currents' partnerships ensure access to healthy, locally grown food, economic prosperity, safe and healthy environments, and abundant life for all people. Despite the end of their fiscal sponsorship of the Black Lives Matter Global Network Foundation in 2020, they continue to receive and manage donations intended for BLMGNF and transfer them accordingly.
Official website here: www.thousandcurrents.org
What do the Facebook reviews say about Thousand Currents?
98% of 40 reviewers on Facebook recommend Thousand Currents. Here is a summary of their reviews:
Overall, the sentiment towards Thousand Currents is overwhelmingly positive. Many individuals appreciate the organization’s ability to effectively communicate critical stories and build connections, especially in times when mainstream media may fall short. There is a strong recognition of their efforts to highlight important global issues and the impact of their work resonates with supporters.
The reviews suggest that followers feel a deep appreciation for Thousand Currents’ mission and the way they engage with communities. With users expressing gratitude for the insights and narratives provided, it is clear that the organization is seen as a valuable resource for raising awareness and promoting understanding across various social issues.
This AI summary has been generated from reviews found on Facebook.
Is Thousand Currents legitimate?
Thousand Currents is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thousand Currents 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: $372,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,483,817
For more financial information, click here
Official website here: www.thousandcurrents.org
What is the mission statement of Thousand Currents?
Thousand Currents is a funding organization that collaborates with grassroots groups led by women, youth, and indigenous peoples in the Global South. Their mission is to support these partners in creating lasting solutions to shared global challenges. Thousand Currents' grantees develop innovative and impactful solutions, focusing on improving access to healthy and locally grown food, economic prosperity, and safe and healthy environments. Despite the fiscal sponsorship of the Black Lives Matter Global Network Foundation having ended on June 30, 2020, Thousand Currents continues to receive donations intended for BLMGNF. These funds are held as a liability on Thousand Currents' balance sheet and are paid to BLMGNF periodically or at fiscal year-end. Thousand Currents does not charge a fee for handling these funds.
Official website here: www.thousandcurrents.org
Who is the CEO of Thousand Currents?
Solome Lemma is the Executive Director of Thousand Currents.
Official website here: www.thousandcurrents.org
What is the revenue of Thousand Currents?
Thousand Currents's revenue in 2022 was $25,200,495.
Official website here: www.thousandcurrents.org
Who are the executives of Thousand Currents and what are their salaries?
The average compensation at Thousand Currents during 2022 was $97,707. There are 19 employees and 7 volunteers at Thousand Currents.
Here are 9 key members and their salaries:
- Compensation: $162,552
- Related: $0
- Other: $19,500
- Compensation: $114,864
- Related: $0
- Other: $15,900
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thousandcurrents.org
Where can I find the form 990 for Thousand Currents?
Thousand Currents's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thousandcurrents.org
Learn more at the official website: www.thousandcurrents.org
Mission Statement of Thousand Currents
Thousand Currents, a grant-making organization, is committed to funding, connecting, and walking alongside grassroots groups in the Global South that are transforming their communities. These organizations and movements, led primarily by women, youth, and indigenous peoples, develop innovative and impactful solutions to address shared global challenges. Thousand Currents' partners focus on ensuring their communities have access to healthy and locally grown food, economic prosperity, and a safe and healthy environment that supports abundant life.
Through their grant-making program, Thousand Currents supports initiatives that address various community needs. These solutions often involve empowering individuals and communities to take control of their own futures. By partnering with these organizations, Thousand Currents enables them to make a lasting impact on their communities.
Despite the formal end of their fiscal sponsorship of the Black Lives Matter Global Network Foundation (BLMGNF) on June 30, 2020, Thousand Currents continues to receive donations intended for BLMGNF. These funds are treated as a liability on Thousand Currents' balance sheet and are paid to BLMGNF periodically or at fiscal year-end. Thousand Currents does not take a fee for any of these funds. This unintended receipt of funds for BLMGNF underscores the organization's dedication to supporting important causes and initiatives in the Global South.
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Impact
October, 2024
Thousand Currents significantly impacts communities in the Global South by funding and supporting grassroots organizations that work toward transformative social, economic, and political change. Over nearly four decades, it has invested more than $31 million in about 1,000 grassroots movements, directly connecting with over 200 million individuals, including women, Indigenous peoples, small farmers, urban residents, and marginalized groups.
By partnering with organizations led by women, youth, and Indigenous communities, Thousand Currents helps facilitate innovative and sustainable solutions to pressing global challenges. These partnerships ensure that communities gain better access to healthy food, economic prosperity, and secure living environments. The organization fosters collective power and relationships that drive meaningful change, empowering local movements to create lasting impacts in their respective regions. Through its efforts, Thousand Currents has become a vital player in enhancing well-being and resilience among diverse communities facing systemic issues.
This information is meant to be a general summary of Thousand Currents. 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: $229,520
- Program Service Revenue: $76,420
- Gross Receipts: $26,058,808
Assets and Liabilities:
- Total Assets: $28,732,895
- Total Liabilities: $671,613
- Net Assets: $28,061,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACADEMY TUITION
Revenue
$76,420
Organization Details
Founding Year
1988
Phone
(415) 824-8384Principal Officer
Solome Lemma
Main Address
548 MARKET STREET 62831, SAN FRANCISCO, CA, 941045401
Website
www.thousandcurrents.orgNTEE Category
Code: Q300 - International
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