Overview
What is Open Lunar Foundation?
The Open Lunar Foundation, situated in Covina, California, is a forward-thinking nonprofit organization with a visionary mission. Established by Open Lunar, the Breaking Ground Trust is an enduring entity, legally bound to focus on its objectives perpetually. This trust aims to pioneer innovative methods of managing lunar resources for the benefit of all humanity. Its primary focus is on lunar sustainability, inclusivity, and multilateralism. The organization engages in programs and activities, striving to establish a harmonious, self-sufficient presence on the moon. The ultimate goal is to preserve Earth's species and knowledge while promoting the positive evolution of human civilization. The Open Lunar Foundation concentrates on collaborating for scientific research in the public interest, with the ultimate objective of developing lunar settlements that benefit all of humanity. With a workforce of two dedicated individuals, the foundation continues to make significant strides towards its lunar objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Open Lunar Foundation has achieved a high rating of 92%, designating it as a Four-Star charity based on its strong performance in accountability and finance. This rating indicates a solid commitment to transparency and effective management of resources, which is vital for building trust with donors and stakeholders. The foundation's accountability score reflects its adherence to best practices in governance, including having a majority of independent board members and a comprehensive conflict of interest policy.
The organization demonstrates robust financial health, with a low liabilities to assets ratio of just 0.51%, signifying a stable financial position. Additionally, a significant portion of its expenses, approximately 68.76%, is directed towards its programs, highlighting a commitment to its mission over administrative costs. The charity's policies on whistleblowing and document retention further reinforce its commitment to ethical operations and organizational integrity.
Overall, Open Lunar Foundation stands out for its governance practices and financial accountability. While the data does not address potential challenges or areas for improvement, the current ratings and policies suggest a responsible and transparent nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Open Lunar Foundation legitimate?
Open Lunar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Lunar Foundation 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: $345,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,722
For more financial information, click here
What is the mission statement of Open Lunar Foundation?
The Open Lunar Foundation's mission is centered around fostering a peaceful and self-sustaining presence on the Moon. The organization aims to preserve Earth's species and knowledge while promoting the positive evolution of human civilization. To achieve this, they focus on collaborating for scientific research in the public interest, with the ultimate goal of developing lunar settlements that benefit all of humanity. The foundation has established the Breaking Ground Trust, a perpetual purpose trust, to demonstrate innovative methods of managing lunar resources for the benefit of all. The work of this trust primarily involves lunar sustainability, inclusivity, and multilateralism. The trust has published recommendations for managing lunar resources held by the trust, following a deliberative process with various delegates.
Who is the CEO of Open Lunar Foundation?
Chelsea Robinson is the President of Open Lunar Foundation.
What is the revenue of Open Lunar Foundation?
Open Lunar Foundation's revenue in 2022 was $808,233.
Who are the executives of Open Lunar Foundation and what are their salaries?
The average compensation at Open Lunar Foundation during 2022 was $200,528. There are 2 employees at Open Lunar Foundation.
Here are 7 key members and their salaries:
- Compensation: $135,000
- Related: $0
- Other: $7,198
- Compensation: $140,192
- Related: $0
- Other: $7,835
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $70,142
- Related: $0
- Other: $0
Where can I find the form 990 for Open Lunar Foundation?
Open Lunar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Lunar Foundation
The Open Lunar Foundation is dedicated to pursuing initiatives that aim to establish a peaceful, self-sustaining presence on the moon. This goal is driven by a desire to preserve Earth's species and knowledge, as well as to foster the positive evolution of human civilization. The organization focuses on collaborating towards scientific research in the public interest, with the ultimate aim of developing lunar settlements that benefit all of humanity.
In line with its mission, Open Lunar Foundation has established the Breaking Ground Trust. This trust serves as a precedent-setting entity in lunar policy, with a legal obligation to focus on its mission perpetually. Its primary objective is to steward and demonstrate innovative methods of managing lunar resources for the benefit of all humanity. The work of the Breaking Ground Trust encompasses lunar sustainability, inclusivity, and multilateralism. To achieve this, the trust published recommendations for managing lunar resources held by the trust through a deliberative process involving 11 delegates.
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Impact
July, 2024
The Open Lunar Foundation's impact lies in its mission to cooperate towards scientific research in the public interest with the ultimate goal of developing settlements on the moon in a manner that benefits all of humanity. Through programs and activities aimed at creating a peaceful, self-sustaining presence on the moon, the organization is dedicated to preserving Earth's species and knowledge and contributing to the positive evolution of human civilization. The establishment of the Breaking Ground Trust, a perpetual purpose trust focused on lunar sustainability, inclusivity, and multilateralism, demonstrates precedent-setting activities in lunar policy and resource management. By publishing recommendations for managing lunar resources held by the Trust, Open Lunar Foundation is actively working towards a future where lunar exploration and settlement contribute to the greater good of all.
This information is meant to be a general summary of Open Lunar Foundation. 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: $288
- Gross Receipts: $808,233
Assets and Liabilities:
- Total Assets: $1,251,072
- Total Liabilities: $6,494
- Net Assets: $1,244,578
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Organization Details
Founding Year
2018
Phone
(510) 934-5615Principal Officer
Chelsea Robinson
Main Address
440 N BARRANCA AVE 1606, COVINA, CA, 91723
NTEE Category
Code: U31 - Science research
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