Overview
What is Gofundmeorg?
Gofundmeorg is a nonprofit organization, established to provide immediate relief to victims of various urgent needs, with a primary focus on natural and man-made disasters and crises. Based in California, the organization began operations in late August 2017, initially concentrating on Hurricane Harvey. Over time, its charitable activities may evolve based on the priorities set by its Board of Directors. Gofundmeorg grants funds to both charitable organizations and individuals in need. Its mission is to make a positive charitable impact by making grants to other organizations and individuals.
Official website here: www.gofundme.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 87%, Three-Star out of Four Star rating.
Gofundmeorg has achieved a solid score of 87%, indicating a commendable level of accountability and financial health. With an impressive Leadership & Adaptability score of 100, the organization demonstrates strong governance practices, including a majority of independent board members. Additionally, the Program Expense Ratio of 97.83% reflects a commitment to directing funds toward its core programs.
However, there are notable weaknesses, particularly concerning governance policies. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about transparency and accountability. Despite these gaps, the organization maintains an overall positive financial standing, with low liabilities relative to assets and efficient fundraising practices.
This AI summary has been generated from information found on Charity Navigator.
Is Gofundmeorg legitimate?
Gofundmeorg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gofundmeorg 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.gofundme.org
What is the mission statement of Gofundmeorg?
Gofundmeorg is a charitable organization with a mission to provide swift and effective relief to victims of disasters and fund educational and other charitable initiatives. It began its operations in late August 2017 in response to Hurricane Harvey. The fund's charitable activities will evolve over time based on the priorities chosen by its board of directors. Initially, its focus is on raising funds for and responding to natural and man-made disasters and crises, as well as helping to fund education and other charitable initiatives. The fund's objectives may change as the board evaluates and responds to opportunities where it can make a positive charitable impact. To achieve its goals, the fund grants money to other organizations and individuals.
Official website here: www.gofundme.org
Who is the CEO of Gofundmeorg?
Batyr Jorayev is the Board Chair of Gofundmeorg.
Official website here: www.gofundme.org
What is the revenue of Gofundmeorg?
Gofundmeorg's revenue in 2022 was $65,454,384.
Official website here: www.gofundme.org
Who are the executives of Gofundmeorg and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.gofundme.org
Where can I find the form 990 for Gofundmeorg?
Gofundmeorg's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gofundme.org
Learn more at the official website: www.gofundme.org
Mission Statement of Gofundmeorg
Gofundmeorg is a charitable organization dedicated to providing swift and impactful aid to those affected by disasters and funding educational and other charitable initiatives. The organization came to life in late August 2017, with a primary focus on responding to natural and man-made crises. It aims to make grants to organizations and individuals to help bring about positive change.
Initially, Gofundmeorg has set its sights on addressing the needs of those impacted by disasters. In times of crisis, the organization steps forward to raise funds and offer support. This focus may evolve as the board of directors assesses new opportunities and circumstances where the fund can make a significant difference.
Beyond disaster relief, Gofundmeorg also aspires to contribute to education and various charitable initiatives. The organization's influence in these areas will develop over time, guided by the priorities set by its board of directors. Through its grants, Gofundmeorg aims to create a ripple effect, inspiring progress and improvement in the lives of countless individuals.
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Impact
October, 2024
Gofundmeorg plays a crucial role in providing immediate assistance to those affected by disasters and supporting educational and charitable initiatives. Since its inception in late August 2017 in response to Hurricane Harvey, it has focused on mobilizing resources quickly and efficiently for various urgent needs.
By creating targeted campaigns for crises, such as Stand for Ukraine and Welcome Refugees, Gofundmeorg has been instrumental in channeling financial support to victims of both natural and manmade disasters. This rapid response helps alleviate the immediate burdens faced by those impacted, ensuring that they receive the necessary aid in times of crisis.
Furthermore, Gofundmeorg’s commitment to funding educational initiatives highlights its adaptability in addressing community needs beyond disaster relief. Through targeted grants to charitable organizations and individuals, it not only provides crucial resources during emergencies but also invests in long-term societal upliftment.
Overall, Gofundmeorg exemplifies how organized philanthropic efforts can make a significant positive impact on communities in need, fostering resilience and hope during challenging times.
This information is meant to be a general summary of Gofundmeorg. 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: -$36,705
- Gross Receipts: $66,498,733
Assets and Liabilities:
- Total Assets: $16,501,631
- Total Liabilities: $1,761
- Net Assets: $16,499,870
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Organization Details
Founding Year
2016
Phone
(408) 384-9359Principal Officer
Batyr Jorayev
Main Address
8605 SANTA MONICA BLVD 88639, WEST HOLLYWOOD, CA, 900694109
Website
www.gofundme.orgNTEE Category
Code: T30 - Philanthropy
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