Overview
What is The Commons Project Foundation?
The Commons Project Foundation is a New York-based 501(c)3 non-profit organization with a mission to build and manage digital services for the public benefit. With a team of 45 employees, their primary objective is to empower individuals by providing them with access and control over their health data. Established as a charitable foundation, The Commons Project Foundation focuses on using digital technology to improve the common good. Their initiatives aim to create a more inclusive and accessible digital landscape.
Official website here: www.thecommonsproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
The Commons Project Foundation has received a low rating of 55% on Charity Navigator, reflecting significant concerns about its accountability and financial practices. With a lack of independent board members and a high liabilities-to-assets ratio, the organization faces scrutiny regarding its governance structure and financial health. Although it maintains good financial policies and transparency in certain areas, these weaknesses heavily impact its overall rating.
Strengths noted include a high program expense ratio of 72.56% and excellent fundraising efficiency, indicating that the majority of funds are directed towards its programs. The organization has also established policies for conflict of interest, whistleblower protections, and proper document retention, which are positive aspects that highlight some commitment to governance standards.
However, the absence of independent board members and negative working capital raise red flags about its operational sustainability. The significant liabilities compared to its assets suggest financial instability, which could hinder the organization's ability to effectively carry out its mission in the long run. Overall, while there are commendable practices in place, the foundational governance and financial issues present major concerns for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Commons Project Foundation legitimate?
The Commons Project Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Commons Project 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,196,222
For more financial information, click here
Official website here: www.thecommonsproject.org
What is the mission statement of The Commons Project Foundation?
The Commons Project Foundation is a non-profit organization dedicated to building and operating digital services for the benefit of the public. Their mission revolves around giving individuals the power to access and manage their own data, with a focus on health information as a starting point. The foundation's objective is to create and operate these services for the common good. By empowering individuals with control over their data, the organization aims to make a positive impact on society. The Commons Project Foundation's initiatives are geared towards promoting individual autonomy and improving the accessibility of essential information.
Official website here: www.thecommonsproject.org
Who is the CEO of The Commons Project Foundation?
Zhenya Lindgardt is the Ceo of The Commons Project Foundation. The CEO's salary of The Commons Project Foundation is $0 and their total compensation is $0.
Official website here: www.thecommonsproject.org
What is the revenue of The Commons Project Foundation?
The Commons Project Foundation's revenue in 2022 was $12,798,174.
Official website here: www.thecommonsproject.org
Who are the executives of The Commons Project Foundation and what are their salaries?
The average compensation at The Commons Project Foundation during 2022 was $71,027. There are 45 employees at The Commons Project Foundation.
Here are 13 key members and their salaries (The Commons Project Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.thecommonsproject.org
Where can I find the form 990 for The Commons Project Foundation?
The Commons Project Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecommonsproject.org
Learn more at the official website: www.thecommonsproject.org
Mission Statement of The Commons Project Foundation
The Commons Project Foundation, a 501(c)3 non-profit charitable organization, is on a mission to build and operate digital services that benefit the public good. Based in the United States, this organization is dedicated to empowering individuals by granting them access and control over their data, starting with health information.
Founded with a vision to make a difference, The Commons Project Foundation focuses on creating digital services that prioritize the needs of the community. Their primary objective is to put individuals at the center of their data, starting with health information. By doing so, they aim to promote transparency, privacy, and autonomy in the digital world.
The Commons Project Foundation's dedication to this cause is reflected in their mission statement. They strive to create a world where individuals have the power to access and control their data, ensuring they are in charge of their personal information. Through their digital services, they aim to bridge the gap between data ownership and access, ultimately giving individuals more control over their digital footprint.
In summary, The Commons Project Foundation is a non-profit organization with a mission to build and operate digital services that prioritize the common good. Through their commitment to empowering individuals with access and control of their data, starting with health information, they strive to create a more transparent, private, and autonomous digital world.
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Impact
October, 2024
The Commons Project Foundation significantly impacts the way individuals manage their health data by developing digital services that prioritize personal access and control. By focusing on empowering individuals, the foundation facilitates greater ownership and utilization of health information. This not only enhances individual autonomy in health management but also promotes a more informed public, ultimately leading to better health outcomes. Through its initiatives, The Commons Project Foundation strives to create equitable access to vital information, fostering a healthier community overall.
This information is meant to be a general summary of The Commons Project 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.
- Program Service Revenue: $2,335,784
- Gross Receipts: $12,798,174
Assets and Liabilities:
- Total Assets: $9,732,698
- Total Liabilities: $18,801,558
- Net Assets: -$9,068,860
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$2,335,784
Organization Details
Founding Year
2019
Phone
(212) 651-9162Principal Officer
Zhenya Lindgardt
Main Address
745 Fifth Avenue 5th Floor, New York, NY, 10151
Website
www.thecommonsproject.orgNTEE Category
Code: E60 - Health
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