Overview
What is Foundation For Democratic Development?
The Foundation for Democratic Development, situated in Washington D.C., is a nonprofit organization dedicated to fostering change in Eurasia. Their primary focus is to promote reform-oriented discussions, assist in the development of activism and independent media, conduct research and educational programs on advocacy campaigns and good governance, and support entrepreneurial and social exchange programs and study tours. The organization's mission is to bolster Eurasian civil society and contribute to the social and economic development of the region. With a small team of just two employees, they work tirelessly to facilitate positive change in Eurasia.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (55%)
The Foundation For Democratic Development has received a low overall rating of 55% from Charity Navigator, indicating significant concerns regarding its financial management and fundraising efficiency. While the organization excels in certain governance aspects, such as having a fully independent board and strong asset management policies, these strengths are overshadowed by poor scores in financial ratios.
The program expense ratio is notably high at 86.60%, suggesting that a substantial portion of its funds goes directly to programs. However, the organization struggles with fundraising efficiency, rated at $0.06, indicating that it may not be generating enough revenue relative to its fundraising costs. Additionally, the liabilities to assets ratio of 83.80% raises alarms about its financial sustainability.
Despite these challenges, the foundation demonstrates good practices in areas like document retention and board meeting transparency. Nonetheless, potential donors should exercise caution given the financial limitations and consider the charity's overall performance before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Democratic Development legitimate?
Foundation For Democratic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Democratic Development 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: $104,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Foundation For Democratic Development?
The Foundation for Democratic Development's mission is centered around supporting civil society in Eurasia, as well as promoting social and economic development in the region. In pursuit of this objective, the organization facilitates discourses that are reform-oriented, assists in the development of activism and independent media, conducts research and educational programs on advocacy campaigns and good governance, and supports entrepreneurial and social exchange programs and study tours.
Who is the CEO of Foundation For Democratic Development?
Nataliya Arno is the Board Chairman of Foundation For Democratic Development.
What is the revenue of Foundation For Democratic Development?
Foundation For Democratic Development's revenue in 2022 was $2,271,567.
Who are the executives of Foundation For Democratic Development and what are their salaries?
The average compensation at Foundation For Democratic Development during 2022 was $52,122. There are 2 employees and 12 volunteers at Foundation For Democratic Development.
Here are 15 key members and their salaries:
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- Compensation: $29,766
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- Compensation: $40,250
- Related: $51,750
- Other: $3,455
- Compensation: $34,229
- Related: $34,229
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Where can I find the form 990 for Foundation For Democratic Development?
Foundation For Democratic Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For Democratic Development
The Foundation for Democratic Development, a nonprofit organization, is dedicated to supporting Eurasian civil society and fostering social and economic development in the region. The primary purpose of this organization is to facilitate reform-oriented discussions, aid in the development of activism and independent media, conduct research and educational programs on advocacy campaigns and good governance, and promote entrepreneurial and social exchange programs and study tours. By engaging in these activities, the Foundation for Democratic Development aims to contribute to the overall development and strengthening of civil society in Eurasia.
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Impact
July, 2024
Foundation For Democratic Development's impact includes facilitating reform-oriented discussions in Eurasia, assisting in the development of activism and independent media in the region, conducting research and educational programs on advocacy campaigns and good governance, and supporting entrepreneurial and social exchange programs and study tours. Their work contributes to the strengthening of civil society in Eurasia, fostering social and economic development in the region. Through their efforts, they promote civil rights, democratic values, and positive change in Eurasian societies.
This information is meant to be a general summary of Foundation For Democratic Development. 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: $25
- Gross Receipts: $2,271,567
Assets and Liabilities:
- Total Assets: $614,003
- Total Liabilities: $514,574
- Net Assets: $99,429
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Organization Details
Founding Year
2019
Phone
(916) 208-2246Principal Officer
Nataliya Arno
Main Address
1015 15TH STREET NW 600, WASHINGTON, DC, 20005
NTEE Category
Code: R01 - Civil rights
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