Children's Funding Project

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

EIN: 843704279 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Children's Funding Project?

The Children's Funding Project is a nonprofit organization headquartered in Washington D.C., specifically at 2101 L ST NW 300. Their primary mission is to assist advocates, policymakers, public agencies, and funders in identifying and aligning existing funding, generating new revenue, and implementing strategies to administer funds effectively. This is done with the aim of improving opportunities and well-being for all children and youth. The project focuses on building the capacity of communities to bridge equity and opportunity gaps for children and youth by leveraging existing funding, generating new revenue, and developing collaborative infrastructure for administering funds in a coordinated manner.


Official website here: www.childrensfundingproject.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.

The Children's Funding Project has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The score of 97% indicates that the organization excels in maintaining transparency and efficiency, which are crucial for nonprofits in fostering donor trust and effectively utilizing funds.

Strengths highlighted include a fully independent board, excellent financial oversight, and strong ratios indicating effective program spending and fundraising efficiency. The organization reports a program expense ratio of 81.72%, demonstrating a commitment to directing funds towards its mission rather than administrative costs. Additionally, the lack of any material diversion of assets and a solid working capital ratio of 2.43 years are particularly noteworthy.

While the data indicates robust financial health and governance, potential limitations were not specified. Overall, the Children's Funding Project is recognized for its strong performance in accountability and finance, which plays a significant role in its operational success.


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

Is Children's Funding Project legitimate?

Children's Funding Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Funding Project 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: $187,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,179,834

For more financial information, click here


Official website here: www.childrensfundingproject.org

What is the mission statement of Children's Funding Project?

The Children's Funding Project's mission is to assist communities and states in expanding equitable opportunities for children and youth by strategically utilizing public financing. They provide technical assistance, resources, and services to help advocates, policymakers, public agencies, and funders identify and align existing funding sources, generate new revenue, and implement strategies to administer funds in a coordinated manner, ultimately benefiting all children and youth. The goal is to help these groups ensure that resources are utilized effectively to promote the well-being and success of children and youth.


Official website here: www.childrensfundingproject.org

Who is the CEO of Children's Funding Project?

Elizabeth Gaines is the Chief Executive Officer of Children's Funding Project. The CEO's salary of Children's Funding Project is $169,493 and their total compensation is $187,864.


Official website here: www.childrensfundingproject.org

What is the revenue of Children's Funding Project?

Children's Funding Project's revenue in 2022 was $3,053,705.


Official website here: www.childrensfundingproject.org

Who are the executives of Children's Funding Project and what are their salaries?

There 7 volunteers at Children's Funding Project.


Here are 9 key members and their salaries (Children's Funding Project's CEO's salary is $169,493 and their total compensation is $187,864):


Elizabeth Gaines (Chief Executive Officer)
  • Compensation: $169,493
  • Related: $0
  • Other: $18,371
Ryan Lugalia-Hollon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriet Dichter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vikki Frank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Pittman (Vice Chair (Thru 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Devaney (Chief Administrative Offic)
  • Compensation: $138,621
  • Related: $0
  • Other: $32,326
Ed Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Segovia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.childrensfundingproject.org

Where can I find the form 990 for Children's Funding Project?

Children's Funding Project's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childrensfundingproject.org

Learn more at the official website: www.childrensfundingproject.org

Mission Statement of Children's Funding Project

The Children's Funding Project, in essence, is dedicated to enhancing the capacity of communities to bridge the equity and opportunity gaps experienced by children and youth. It achieves this by strategically leveraging existing funding sources, generating new revenue streams, and establishing collaborative infrastructure to manage finances in a coordinated manner. In simpler terms, this nonprofit organization assists communities and states in expanding equitable opportunities for children and young people through effective public financing strategies. It offers technical assistance, resources, and various services to advocates, policymakers, public agencies, and funders, helping them to identify and align existing resources, generate additional revenue, and implement strategies that ultimately benefit all children and youth, enabling them to thrive.

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Impact




July, 2024

Children's Funding Project has a significant impact on communities and states by helping them expand equitable opportunities for children and youth through strategic public financing. By building the capacity of communities to close equity and opportunity gaps for children and youth, this organization effectively leverages existing funding, generates new revenue, and develops collaborative infrastructure to administer funds in a coordinated fashion. Through hands-on technical assistance, resources, and other services, Children's Funding Project supports advocates, policymakers, public agencies, and funders in identifying and aligning existing funding, generating new revenue, and implementing strategies that help all children and youth thrive.




This information is meant to be a general summary of Children's Funding Project. 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
$3,053,705 (2022)
Expenses
$2,815,794 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,361
  • Program Service Revenue: $1,004,922
  • Gross Receipts: $3,053,705

Assets and Liabilities:

  • Total Assets: $4,163,362
  • Total Liabilities: $138,788
  • Net Assets: $4,024,574

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSULTING FEES

Revenue

$769,152

MANAGEMENT FEES

Revenue

$235,770

Organization Details

Founding Year

2019

Principal Officer

Elizabeth Gaines

Main Address

2101 L ST NW 300, WASHINGTON, DC, 20037

NTEE Category

Code: O50 - Youth development

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