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Marici

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

EIN: 821536804 ✦ San fransisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Marici?

Marici is a nonprofit organization based in San Francisco, California, with a focus on raising awareness and securing capital for community-driven philanthropic initiatives. Their mission is to enhance resources and strengthen capacities for grassroots organizations. They accomplish this by funding various solutions, such as research, technology, analytics, training, and legal assistance, with the ultimate goal of improving human lives. Additionally, Marici promotes the development of resilient communities by advocating for educational and economic opportunities. The organization operates globally, implementing strategies to create a meaningful impact in these areas. With a team of four employees, Marici is dedicated to empowering local organizations and driving positive change.


Official website here: www.marici.org

Is Marici legitimate?

Marici is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marici 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: $0
Professional Fundraising Fees: $22,400
Other Salaries and Wages: $276,020

For more financial information, click here


Official website here: www.marici.org

What is the mission statement of Marici?

Marici's mission revolves around raising awareness and accumulating funds to support grassroots philanthropic initiatives. The organization aims to enhance resources and strengthen capacities for organizations in this field. Marici funds research, technology, analytics, training, and legal solutions to improve human lives. Additionally, the organization promotes educational and economic opportunities to foster resilient communities. Globally, Marici designs and implements strategies to create impact in these areas. In essence, Marici's mission is to increase resources and build capacity for grassroots organizations focused on community-driven solutions.


Official website here: www.marici.org

Who is the CEO of Marici?

Divya Joshi is the President of Marici.


Official website here: www.marici.org

What is the revenue of Marici?

Marici's revenue in 2022 was $3,813,626.


Official website here: www.marici.org

Who are the executives of Marici and what are their salaries?

The average compensation at Marici during 2022 was $69,005. There are 4 employees at Marici.


Here are 4 key members and their salaries:


Geetika Tewari (Vice Preside)
  • Compensation: $103,750
  • Related: $0
  • Other: $0
Divya Joshi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jithen Pandian (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Sahakyan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marici.org

Where can I find the form 990 for Marici?

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


Official website here: www.marici.org

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

Mission Statement of Marici

Marici, a nonprofit organization, is dedicated to raising awareness and gathering resources to support community-based philanthropic initiatives. Its mission is to enhance the capabilities of grassroots organizations, providing them with the necessary funds, research, technology, analytics, training, and legal solutions. By doing so, Marici aims to improve the lives of individuals and foster the development of resilient communities. The organization promotes educational and economic opportunities to empower communities, designing and implementing strategies globally to create impact in these areas. In essence, Marici's mission is to increase resources and build capacity for grassroots organizations focusing on community-driven solutions.

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Impact




October, 2024

Marici significantly impacts communities by raising awareness and capital to support grassroots philanthropic initiatives. It focuses on increasing resources and enhancing the capacities of organizations dedicated to community-driven solutions, thus fostering resilience and self-sufficiency in neighborhoods.

By funding research, technology, analytics, training, and legal solutions, Marici directly improves human lives and contributes to better-informed decision-making processes within these communities. Through its commitment to promoting educational and economic opportunities, the organization empowers individuals and helps build stronger, more resilient communities.

Additionally, Marici implements strategies on a global scale, ensuring that its impact is not only localized but also contributes to broader initiatives that strive for positive change. The emphasis on community-based philanthropy allows for tailored solutions that address specific needs, making Marici a vital player in the landscape of social impact and development.




This information is meant to be a general summary of Marici. 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
$3,813,626 (2022)
Expenses
$2,522,427 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,813,626

Assets and Liabilities:

  • Total Assets: $1,931,086
  • Total Liabilities: $29,284
  • Net Assets: $1,901,802

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Organization Details

Principal Officer

Divya Joshi

Main Address

100 PINE ST STE 1250, SAN FRANSISCO, CA, 94111

NTEE Category

Code: P20 - Human services

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