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Charitocracy Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810956274 ✦ Kill devil hills, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charitocracy Corporation?

Charitocracy Corporation is a nonprofit organization that facilitates charitable giving by pooling monthly donations from individuals. Members engage with various proposed causes, gaining insights through the charitocracy.org platform, and collectively decide which charity should receive the collective funds in a monthly vote. This democratic approach to charitable donations allows for community involvement in supporting worthy causes.


Official website here: www.charitocracy.org

Is Charitocracy Corporation legitimate?

Charitocracy Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charitocracy Corporation submitted a form 990EZ, 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.


Official website here: www.charitocracy.org

What is the mission statement of Charitocracy Corporation?

Charitocracy Corporation's mission is centered around fundraising and charitable distribution. By pooling their monthly donations, individuals have the opportunity to learn about various causes and collectively decide which charity should receive the collective funds each month through the charitocracy.org platform. The organization's purpose is to facilitate this democratic process, allowing donors to actively participate in determining where their contributions will make an impact.


Official website here: www.charitocracy.org

Who is the CEO of Charitocracy Corporation?

Unavailable The CEO's salary of Charitocracy Corporation is $0 and their total compensation is $0.


Official website here: www.charitocracy.org

What is the revenue of Charitocracy Corporation?

Charitocracy Corporation's revenue in 2022 was $30,442.


Official website here: www.charitocracy.org

Who are the executives of Charitocracy Corporation and what are their salaries?


Here are 6 key members and their salaries (Charitocracy Corporation's CEO's salary is $0 and their total compensation is $0):


Benjamin Lipchak (President, Ceo, And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Sands (Vice President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Haas (Board Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Andrews (Board Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Nicholson (Board Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Cortez (Board Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.charitocracy.org

Where can I find the form 990EZ for Charitocracy Corporation?

Charitocracy Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.charitocracy.org

Learn more at the official website: www.charitocracy.org

Mission Statement of Charitocracy Corporation

Charitocracy Corporation, a notable organization, operates with a unique approach to charity. Its mission revolves around raising funds and distributing them to various charities. This is achieved through a collaborative process where donors pool their monthly contributions. The organization then presents a selection of charitable causes for consideration. Donors have the opportunity to learn about these causes and cast their votes on the one they believe deserves the collective donations for that particular month. This democratic process of decision-making occurs on the Charitocracy Corporation's official website, charitocracy.org. By engaging donors in this manner, the organization encourages active participation and collective decision-making in the allocation of charitable funds.

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Impact




August, 2024

Charitocracy Corporation's impact lies in its unique approach to charitable giving. By providing a platform for donors to pool their monthly donations, learn about nominated causes, and vote on which charitable cause should receive the collective donations each month, Charitocracy facilitates a democratic and engaging way for individuals to support various charitable organizations. This model not only encourages donor involvement and education but also amplifies the impact of each individual contribution by combining them into a larger sum distributed to selected charities. Ultimately, Charitocracy's mission of raising funds and making distributions to other charities helps support a diverse range of causes and promotes a culture of philanthropy among its participants.




This information is meant to be a general summary of Charitocracy 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.

Revenue
$30,442 (2022)
Expenses
$22,790 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $363
  • Gross Receipts: $30,442

Assets and Liabilities:

  • Total Assets: $44,057
  • Total Liabilities: $64
  • Net Assets: $43,993

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Organization Details

Main Address

PO Box 7241, Kill Devil Hills, NC, 279487241

NTEE Category

Code: T12 - Philanthropy

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