Overview
What is Caravanserai Project?
The Caravanserai Project, established in 2016, is a mission-driven organization situated in Washington, DC. Its primary objective is to support social impact entrepreneurs, both for-profit and nonprofit, by enhancing their organizational infrastructure and fostering sustainable, relevant organizations working towards systemic change. The project offers technical assistance and capacity building programs, with a focus on entrepreneurs and organizations in the Inland Empire and Southern California, but extends its services nationally and internationally as well. In 2018, they launched a pre-accelerator/incubator program for mission-driven organizations, which provides cohort workshops, monthly one-on-one coaching, and mentorship sessions. The organization prioritizes applicants from historically marginalized and underserved communities. Since its inception, the Caravanserai Project has assisted over 47 fellows and accepts up to 12 new fellows annually. During the COVID-19 pandemic, the organization shifted its focus to providing online masterclasses on survival, sustainability, and enduring impact, reaching 58 organizations and conducting over 500 training webinars for various organizations.
Official website here: www.caravanseraiproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Caravanserai Project has received a solid Three-Star rating from Charity Navigator, indicating a generally reliable organization with a focus on positive community impact and accountability. The charity boasts a high Culture & Community score of 98, suggesting strong community engagement and support, paired with a respectable Program Expense Ratio of 85.85%, demonstrating a significant commitment to its programs.
Strengths of the organization include a fully independent board, which enhances governance and accountability, as evidenced by their 100% independent board members. The organization also excels in collecting and utilizing feedback from stakeholders, scoring full marks in these areas, which reflects a commitment to transparency and responsiveness to community needs.
However, while the financial health indicators are strong, including a low Liabilities to Assets Ratio of 11.89%, the Accountability & Finance score of 77 indicates there may be some areas for improvement in financial reporting and organizational practices. Overall, the Caravanserai Project shows promise and dedication to its mission, although continued enhancement in financial accountability could further strengthen its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Caravanserai Project legitimate?
Caravanserai Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caravanserai Project 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,120
For more financial information, click here
Official website here: www.caravanseraiproject.org
What is the mission statement of Caravanserai Project?
The Caravanserai Project, established in 2016, is a mission-driven hybrid venture with a goal to support social impact entrepreneurs, both profit and non-profit, by enhancing their organizational infrastructure. The project aims to foster sustainable and relevant organizations that are working towards systemic change. Initially focusing on entrepreneurs and organizations in the Inland Empire and Southern California, the Caravanserai Project has expanded its reach nationally and internationally. Since 2018, it has operated a pre-accelerator/incubator for mission-driven organizations. In response to the COVID-19 pandemic, the organization pivoted, providing online masterclasses on survival, sustainability, and enduring impact to 58 organizations, and conducting 17 training webinars for over 500 organizations during the year. The Caravanserai Project bridges gaps between cultures and environments, promoting social and economic progress through fiduciary and intermediary support, offering trainings, education, and technical assistance. It serves as a fiduciary for certain projects and organizations that align with its mission, such as Mossier Social Action.
Official website here: www.caravanseraiproject.org
Who is the CEO of Caravanserai Project?
Mihai Patru is the Chairman of Caravanserai Project.
Official website here: www.caravanseraiproject.org
What is the revenue of Caravanserai Project?
Caravanserai Project's revenue in 2022 was $889,280.
Official website here: www.caravanseraiproject.org
Who are the executives of Caravanserai Project and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.caravanseraiproject.org
Where can I find the form 990 for Caravanserai Project?
Caravanserai Project's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caravanseraiproject.org
Learn more at the official website: www.caravanseraiproject.org
Mission Statement of Caravanserai Project
The Caravanserai Project, established in 2016, is a mission-driven hybrid venture dedicated to supporting social impact entrepreneurs, both for-profit and nonprofit, in strengthening their organizational infrastructure. This organization aims to build sustainable and relevant organizations that are working towards irreversible system change. With a primary focus on entrepreneurs and organizations in the Inland Empire and Southern California, Caravanserai Project extends its reach across the nation and internationally. One of its significant initiatives is a pre-accelerator/incubator for mission-driven organizations in the Inland Empire, which it has been operating since 2018. In response to the COVID-19 pandemic, the organization pivoted and provided online masterclasses on survival, sustainability, and enduring impact to 58 organizations. Furthermore, it conducted 17 training webinars to over 500 organizations during the year.
Beyond its direct support for organizations, the Caravanserai Project promotes social and economic progress by bridging gaps between cultures and environments. It accomplishes this through fiduciary and intermediary support via trainings, education, and technical assistance. The organization serves as a fiduciary for certain projects and organizations consistently working with the mission of Caravanserai Project, including Mossier Social Action. Through its diverse range of activities, Caravanserai Project is committed to empowering social impact entrepreneurs and supporting organizations working towards systemic change.
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Impact
July, 2024
Caravanserai Project's impact can be seen in its significant efforts to support social impact entrepreneurs in building sustainable and relevant organizations working towards irreversible system change. Through its pre-accelerator and masterclass programs, Caravanserai Project has provided technical assistance and capacity building to numerous organizations, both locally and internationally.
One of the key impacts of Caravanserai Project is the nurturing of over 47 fellows through the SEED Lab pre-accelerator program, with a focus on applicants from historically marginalized and underserved communities. This initiative has not only helped these entrepreneurs in building viable mission-driven ventures but has also contributed towards promoting social and economic progress by bridging cultural and environmental gaps.
Furthermore, the pivot to online masterclasses and training webinars during the COVID-19 pandemic demonstrated Caravanserai Project's adaptability and commitment to continuing its support for organizations facing challenges. By reaching out to 58 organizations with online sessions and training over 500 organizations through webinars, Caravanserai Project has shown resilience in its mission to empower social impact entrepreneurs.
Overall, Caravanserai Project's impact lies in its continuous efforts to empower and strengthen organizations dedicated to creating positive social change and fostering enduring impact in the communities they serve.
This information is meant to be a general summary of Caravanserai Project. 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: $115
- Program Service Revenue: $59,957
- Gross Receipts: $889,280
Assets and Liabilities:
- Total Assets: $544,060
- Total Liabilities: $64,740
- Net Assets: $479,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VARIOUS PROGRAMS
Revenue
$59,957
Organization Details
Founding Year
2016
Phone
(310) 463-0154Principal Officer
Mihai Patru
Main Address
1927 S STREET, WASHINGTON, DC, 20009
Website
www.caravanseraiproject.orgNTEE Category
Code: Q30 - International
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