Overview
What is World Blockchain Forum Corp?
World Blockchain Forum Corp is a nonprofit organization based in East Setauket, New York. Their primary mission is to establish the world's largest blockchain resource platform and traffic portal. This platform aims to facilitate seamless interaction between project partners, funds, exchanges, media, and participants, providing a comprehensive ecosystem for project value realization, dissemination, and enhancement. The organization is structured for charitable, educational, and scientific purposes, as per the Internal Revenue Code of 1986, and is dedicated to making distributions to eligible exempt organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (73%)
World Blockchain Forum Corp has received a "Needs Improvement" rating from Charity Navigator, indicating significant areas for growth in its accountability and financial practices. The organization scores a total of 73%, reflecting strengths in governance with an entirely independent board and no material diversion of assets. It also boasts a strong program expense ratio, indicating that all of its expenses are directed towards programs.
However, the nonprofit faces critical shortcomings, particularly with missing key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all of which resulted in a score of zero in those areas. Additionally, the absence of a tax form on the organization's website raises concerns about transparency and accessibility for donors and stakeholders.
Overall, while World Blockchain Forum Corp demonstrates a commitment to its mission through effective program spending, the lack of essential governance policies and transparency measures highlights the need for improvement in its operational practices. Enhancing these areas could significantly bolster the organization's credibility and accountability to its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is World Blockchain Forum Corp legitimate?
World Blockchain Forum Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Blockchain Forum Corp 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of World Blockchain Forum Corp?
World Blockchain Forum Corp, as a non-profit organization, has been established with a mission to construct the largest global blockchain resource platform and traffic portal. This platform aims to facilitate seamless interfacing between project partners and various resources such as funds, exchanges, media, and participants. The organization's objective is to provide resource docking channels and global information windows, thereby supporting the full lifecycle of project value realization, dissemination, and enhancement. It is organized for charitable, educational, and scientific purposes, with a focus on making distributions to exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986.
What is the revenue of World Blockchain Forum Corp?
World Blockchain Forum Corp's revenue in 2021 was $0.
Who are the executives of World Blockchain Forum Corp and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for World Blockchain Forum Corp?
World Blockchain Forum Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of World Blockchain Forum Corp
World Blockchain Forum Corp, a non-profit organization, is committed to establishing the largest blockchain resource platform and traffic portal globally. Their mission is to provide seamless interfacing between project partners and various entities such as funds, exchanges, media, and participants. The platform aims to offer resource docking channels and global information windows, facilitating a full lifecycle of project value realization, dissemination, and enhancement. The organization's goal is to support project partners by enabling them to interact with essential resources in the blockchain field, thereby promoting the growth and development of the blockchain industry.
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Impact
October, 2024
World Blockchain Forum Corp is making a significant impact by establishing itself as a pivotal resource hub in the blockchain ecosystem. By creating the world's largest blockchain resource platform and traffic portal, it facilitates seamless connectivity between project partners, funds, exchanges, and global information sources. This interconnectedness allows for efficient resource docking channels, enhancing the visibility and accessibility of blockchain projects.
The organization focuses on providing educational and scientific insights, which contribute to the broader understanding and implementation of blockchain technology. By enabling project partners to interface effectively, it supports the lifecycle of project value realization, dissemination, and enhancement. This empowers stakeholders with the tools and knowledge necessary to innovate and grow within the blockchain space. As a result, World Blockchain Forum Corp is not just building a platform, but fostering an informed community that drives the evolution of blockchain applications globally.
This information is meant to be a general summary of World Blockchain Forum Corp. 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2018
Principal Officer
Ping Deng
NTEE Category
Code: B99 - Education
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