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Raiz Foundation Inc

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

EIN: 824896299 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Raiz Foundation Inc?

Raiz Foundation Inc is a US-based non-profit organization, primarily focused on providing aid in Latin America. Their mission includes offering cost-effective, practical solutions to humanitarian crises caused by natural disasters, supporting indigenous communities in protecting and reclaiming ancestral territories, providing education respectful of native cultures, and advocating for the conservation and sustainable use of fragile ecosystems. Additionally, Raiz Foundation Inc aims to reduce poverty in marginalized communities, ensuring their efforts create lasting, positive change.


Official website here: www.raiz-usa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The Raiz Foundation Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial management. While the organization demonstrates strengths in governance, such as having a fully independent board and a solid liabilities to assets ratio, it falls short in several key areas related to transparency and policy implementation.

Specifically, the foundation lacks established conflict of interest and whistleblower policies, and it has not posted important documents like board meeting minutes and tax forms on its website. Although its program expense ratio is strong, the absence of these critical governance practices may raise questions about the overall integrity and operational standards of the organization. Potential donors might weigh these factors when considering their support.


This AI summary has been generated from information found on Charity Navigator.

Is Raiz Foundation Inc legitimate?

Raiz Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raiz Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.raiz-usa.org

What is the mission statement of Raiz Foundation Inc?

The Raiz Foundation Inc is a non-profit organization that focuses on supporting work in Latin America. Its mission is threefold: first, to provide cost-effective, practical solutions to alleviate humanitarian crises caused by natural disasters. Second, the foundation supports indigenous peoples in their efforts to protect and reclaim their ancestral territories. Third, the foundation provides education respectful of native culture to indigenous communities. Additionally, the organization advocates for conservation and sustainable use of fragile ecosystems, and works to reduce poverty in marginalized communities.


Official website here: www.raiz-usa.org

Who is the CEO of Raiz Foundation Inc?

Erik Paul Sorensen is the Treasurer of Raiz Foundation Inc.


Official website here: www.raiz-usa.org

What is the revenue of Raiz Foundation Inc?

Raiz Foundation Inc's revenue in 2022 was $423,240.


Official website here: www.raiz-usa.org

Who are the executives of Raiz Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Erik Paul Sorensen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Matucchi (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Pallares (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugo Lucitante (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Pereira Torres (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raiz-usa.org

Where can I find the form 990 for Raiz Foundation Inc?

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


Official website here: www.raiz-usa.org

Learn more at the official website: www.raiz-usa.org

Mission Statement of Raiz Foundation Inc

The Raiz Foundation, a non-profit organization based in the United States, is dedicated to supporting initiatives in Latin America. Its mission is multifaceted, focusing on alleviating humanitarian crises caused by natural disasters, protecting and reclaiming ancestral territories for indigenous peoples, providing education respectful of native culture, and promoting conservation and sustainable use of fragile ecosystems. Moreover, the Raiz Foundation is committed to reducing poverty in marginalized communities. By implementing cost-effective, practical approaches, the organization aims to make a significant impact in these areas, contributing to a more equitable and sustainable future.

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Impact




June, 2024

Raiz Foundation Inc's impact can be seen in its commitment to providing cost-effective and practical approaches to alleviate humanitarian crises caused by natural disasters. Additionally, they support indigenous peoples in their efforts to protect and reclaim ancestral territories, provide education respectful of native culture to indigenous communities, and promote conservation and sustainable use of fragile ecosystems. By working towards reducing poverty in marginalized communities, Raiz Foundation Inc is making a meaningful difference in Latin America through its holistic approach to addressing critical issues.




This information is meant to be a general summary of Raiz Foundation 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.

Revenue
$423,240 (2022)
Expenses
$452,141 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $423,240

Assets and Liabilities:

  • Total Assets: $4,517
  • Total Liabilities: $0
  • Net Assets: $4,517

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Organization Details

Founding Year

2017

Principal Officer

Erik Paul Sorensen

Main Address

157 WATERMAN STREET 4, PROVIDENCE, RI, 02906

NTEE Category

Code: C30 - Environment

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