Overview
What is Far Away Projects?
Far Away Projects is a nonprofit organization situated in Sacramento, California. Dedicated to fostering growth and supporting initiatives globally, this organization acts as a fiscal sponsor and incubator, offering funding tools, governance advice, accounting, and best practices to projects with aligned missions. Their goal is to help initiatives around the world launch and scale their ideas, ensuring they achieve the most sustainable and positive impact in their respective communities or areas of focus. Through this approach, Far Away Projects has aided indigenous communities in Brazil, environmental advocates in Mexico, and grassroots projects in marginalized regions in securing funding from various sources. With a team of six professionals, Far Away Projects continues to empower and support global social impact projects.
Official website here: www.farawayprojects.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Far Away Projects has received a strong rating of 88%, reflecting its solid performance in various operational and financial aspects. The organization showcases excellent accountability and finance practices, scoring 85 in this category. Notably, it has a 100% independent board, no material diversion of assets, and a strong program expense ratio of 86.46%, indicating that a significant portion of its funds is directed towards its programs.
The nonprofit excels particularly in its culture and community, achieving an impressive score of 97. It actively engages with constituents, earning full marks in feedback collection, usage, and practices. This highlights a commitment to transparency and responsiveness, allowing the organization to adapt effectively to the needs of the communities it serves.
Despite these strengths, there are some areas where ongoing improvement could be beneficial. The overall strategy score, while solid, could be enhanced as the organization continues to refine its long-term goals. However, the strong performance in other categories suggests that Far Away Projects is well-positioned to achieve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Far Away Projects legitimate?
Far Away Projects is a legitimate nonprofit organization registered as a 501(c)(3) entity. Far Away Projects 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: $73,878
Professional Fundraising Fees: $29,588
Other Salaries and Wages: $190,869
For more financial information, click here
Official website here: www.farawayprojects.org
What is the mission statement of Far Away Projects?
Far Away Projects' mission is to offer support for global social impact initiatives and grassroots efforts worldwide. In this role, they serve as a fiscal sponsor and incubator, providing funding tools, governance advice, accounting, and best practices to help initiatives launch and grow. They foster development for aligned projects at various stages, utilizing proven methods to ensure sustainable and positive impacts in their respective communities or areas of focus. Far Away Projects has aided indigenous communities in remote parts of Brazil in securing state department funding, and environmental advocates in launching expeditions and grassroots projects in marginalized regions of Mexico, backed by corporate funding.
Official website here: www.farawayprojects.org
Who is the CEO of Far Away Projects?
Desiree Tavera is the President of Far Away Projects.
Official website here: www.farawayprojects.org
What is the revenue of Far Away Projects?
Far Away Projects's revenue in 2022 was $1,406,722.
Official website here: www.farawayprojects.org
Who are the executives of Far Away Projects and what are their salaries?
The average compensation at Far Away Projects during 2022 was $44,124. There are 6 employees at Far Away Projects.
Here are 8 key members and their salaries:
- Compensation: $73,878
- Related: $0
- Other: $0
- Compensation: $64,722
- Related: $0
- Other: $0
- Compensation: $55,830
- Related: $0
- Other: $0
- Compensation: $45,288
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.farawayprojects.org
Where can I find the form 990 for Far Away Projects?
Far Away Projects's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.farawayprojects.org
Learn more at the official website: www.farawayprojects.org
Mission Statement of Far Away Projects
Far Away Projects, as a nonprofit organization, is dedicated to providing support for global social impact projects and grassroots efforts around the world. Its mission is to holistically help initiatives at various stages of development launch and scale their ideas. The organization offers a range of services, including funding tools, governance advice, accounting, and best practices. As an incubator and partner, Far Away Projects is ready to foster growth for qualifying projects that align with its mission. Through its fiscal sponsorship, it has helped indigenous communities in remote parts of Brazil secure funding from the State Department, and environmental advocates launch expeditions and grassroots projects in marginalized regions of Mexico with corporate funding. Overall, Far Away Projects aims to help each project achieve the most sustainable and positive impact on their respective communities or areas of focus.
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Impact
July, 2024
Far Away Projects has a significant impact by providing support for global social impact projects and grassroots efforts around the world. Through their core programming as a fiscal sponsor and incubator, they offer funding tools, governance advice, accounting services, and best practices to help initiatives launch and scale their ideas. By serving as an incubator and partner, Far Away Projects fosters growth for qualifying projects at any stage of development, helping them achieve sustainable and positive impact in their respective communities or areas of focus. Their fiscal sponsorship has facilitated indigenous communities in remote parts of Brazil to secure State Department funding, supported environmental advocates in launching expeditions, and assisted grassroots projects in marginalized regions of Mexico in obtaining corporate funding.
This information is meant to be a general summary of Far Away Projects. 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: $672,183
- Program Service Revenue: $94,316
- Gross Receipts: $1,407,472
Assets and Liabilities:
- Total Assets: $838,341
- Total Liabilities: $75,869
- Net Assets: $762,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL SPONSORSHIP
Revenue
$94,316
Organization Details
Founding Year
2015
Phone
(510) 646-1590Principal Officer
Desiree Tavera
Main Address
2106 N STREET 4495, SACRAMENTO, CA, 95816
Website
www.farawayprojects.orgNTEE Category
Code: P20 - Human services
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