Overview
What is Katerva Inc?
Katerva Inc, based in San Diego, California, is a charitable organization that focuses on discovering, assessing, and fostering innovative solutions aimed at benefiting humanity and the planet. Their mission revolves around identifying disruptive innovations and providing the necessary support to accelerate their development. With grants and contributions, they strive to contribute to a sustainable future by funding, evaluating, and promoting groundbreaking ideas that address global challenges.
Official website here: www.katerva.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Katerva Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is based entirely on the organization's accountability measures, which received high marks across several areas, including having a majority of independent board members and maintaining a low liabilities-to-assets ratio. The organization also demonstrates a strong commitment to program expenses, with 95.42% of its resources allocated to its programs.
Despite the positive aspects, Katerva Inc's rating is affected by the absence of a whistleblower policy, which is an important component of governance and accountability. While the absence of this policy does not significantly detract from the overall rating, it may raise concerns among potential donors about the organization's internal controls and ethical standards. Overall, the strengths in governance and financial health showcase Katerva Inc as a responsible nonprofit, yet there are areas identified for improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Katerva Inc?
92% of reviewers on Facebook are in favor of Katerva Inc, highlighting its importance in shaping a better future. Here is a summary of their comments:
The strong sentiment among supporters emphasizes the organization's vital role in building and shaping sustainable solutions for the future. Reviewers appreciate the dedication and vision behind Katerva's initiatives, viewing them as essential for fostering positive change.
Those who recommend the nonprofit express their confidence in its mission and the positive impact it strives to create, suggesting that Katerva not only meets expectations but is seen as necessary in driving progress and innovation.
This AI summary has been generated from reviews found on Facebook.
Is Katerva Inc legitimate?
Katerva Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katerva Inc 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: $148,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.katerva.net
What is the mission statement of Katerva Inc?
Katerva Inc's mission is geared towards seeking, assessing, and boosting innovative solutions that have the potential to benefit humanity and the planet. The organization focuses on finding, evaluating, and accelerating disruptive innovations to serve the greater good. To achieve this, Katerva Inc accepts grants and contributions, using the funds to find, evaluate, and accelerate these groundbreaking innovations.
Official website here: www.katerva.net
Who is the CEO of Katerva Inc?
Tad Parzen is the Board Chair of Katerva Inc. The CEO's salary of Katerva Inc is $108,000 and their total compensation is $108,000.
Official website here: www.katerva.net
What is the revenue of Katerva Inc?
Katerva Inc's revenue in 2020 was $234,000.
Official website here: www.katerva.net
Who are the executives of Katerva Inc and what are their salaries?
Here are 4 key members and their salaries (Katerva Inc's CEO's salary is $108,000 and their total compensation is $108,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $108,000
- Related: $0
- Other: $0
Official website here: www.katerva.net
Where can I find the form 990 for Katerva Inc?
Katerva Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.katerva.net
Learn more at the official website: www.katerva.net
Mission Statement of Katerva Inc
Katerva Inc, a pioneering organization, is dedicated to seeking out, assessing, and speeding up innovative solutions that can make a significant difference for humanity and our planet. The primary mission of this entity is to identify, evaluate, and accelerate disruptive innovations that can serve humanity and our world. Through their philanthropic contributions and grants, Katerva Inc is working tirelessly to find, evaluate, and accelerate these groundbreaking ideas, aiming to create a positive impact for the betterment of all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Katerva Inc is dedicated to finding, evaluating, and accelerating disruptive innovation to serve humanity and the planet. They focus on identifying solutions that have the potential to make a positive impact on both people and the environment. Through their work, Katerva Inc aims to drive forward innovative ideas that can address some of the most pressing challenges facing our world today. Their efforts contribute to the advancement of sustainability and the betterment of society as a whole.
This information is meant to be a general summary of Katerva Inc. 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 2020.
- Gross Receipts: $234,000
Assets and Liabilities:
- Total Assets: $10,676
- Total Liabilities: $0
- Net Assets: $10,676
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2017
Phone
(858) 401-0531Principal Officer
Tad Parzen
Main Address
525 B STREET NO 2200, SAN DIEGO, CA, 92101
Website
www.katerva.netNTEE Category
Code: C30 - Environment
If you are a representative of Katerva Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.