The Bootstrap Org Inc

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

EIN: 850765444 ✦ Broomfield, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Bootstrap Org Inc?

The Bootstrap Org Inc, located in Broomfield, Colorado, is a nonprofit organization primarily focused on promoting the maintenance and development of public infrastructure. In addition, they encourage the creation and dissemination of software, made available to the public at no cost, under open-source licenses. The organization is committed to uplifting humanity through technology, scientific discovery, education, and human organization. More specifically, they strive to empower economic freedom by providing education, information, resources, advocacy, support, community, and research related to cryptocurrency and privacy.


Official website here: www.bootstrapproject.org/

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

The Bootstrap Org Inc has achieved a solid 86% score, reflecting strong performance primarily in Accountability and Finance. The organization demonstrates robust governance with a fully independent board and no material diversion of assets, which contributes positively to its reputation and trustworthiness. Additionally, it maintains transparency by listing its tax form on its website and having documented board meeting minutes.

However, there are some areas for improvement. The organization currently lacks a whistleblower policy and a document retention and destruction policy, which are important for maintaining internal integrity and accountability. Despite these gaps, the organization excels in its program expense ratio, indicating that almost all funds are directed toward its programs rather than administrative costs.

Overall, while The Bootstrap Org Inc has demonstrated effective financial stewardship and strong governance practices, addressing the missing policies could further enhance its accountability and provide greater assurance to donors and stakeholders.


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

Is The Bootstrap Org Inc legitimate?

The Bootstrap Org Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bootstrap Org 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.bootstrapproject.org/

What is the mission statement of The Bootstrap Org Inc?

The Bootstrap Org Inc, as an organization, is committed to uplifting humanity through technology, scientific discovery, education, and human organization. Its mission is primarily focused on promoting economic freedom and fostering education, information, resources, advocacy, support, community, and research related to cryptocurrency and privacy. The organization also supports, designs, and encourages the development of software available to the public, under open-source licenses. It operates with the intention of furthering its exempt educational, charitable, and scientific purposes.


Official website here: www.bootstrapproject.org/

Who is the CEO of The Bootstrap Org Inc?

Bryce Wilcox is the Director of The Bootstrap Org Inc.


Official website here: www.bootstrapproject.org/

What is the revenue of The Bootstrap Org Inc?

The Bootstrap Org Inc's revenue in 2022 was $5,340,482.


Official website here: www.bootstrapproject.org/

Who are the executives of The Bootstrap Org Inc and what are their salaries?


Here are 5 key members and their salaries:


Alan Fairless (Director)
  • Compensation: $0
  • Related: $0
  • Other: $40,000
Bryce Wilcox (Director)
  • Compensation: $0
  • Related: $363,553
  • Other: $0
Christina Garman (Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $10,000
Zaki Manian (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $30,000
Andrew Mclaughlin (Former Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $0


Official website here: www.bootstrapproject.org/

Where can I find the form 990 for The Bootstrap Org Inc?

The Bootstrap Org Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bootstrapproject.org/

Learn more at the official website: www.bootstrapproject.org/

Mission Statement of The Bootstrap Org Inc

The Bootstrap Org Inc, a nonprofit organization, is dedicated to uplifting humanity through technology, scientific discovery, education, and human organization. Its primary mission is to empower economic freedom. The organization, often referred to as 'The Org,' operates exclusively to further its exempt educational, charitable, and scientific purposes. This encompasses the provision of education, information, resources, advocacy, support, community, and research related to cryptocurrency and privacy.

In addition to its educational and charitable pursuits, The Bootstrap Org Inc also supports, designs, and encourages the development of software made available to the general public, free of charge, and under open source licenses. This aspect of its mission contributes to the maintenance of public infrastructure by making valuable technology accessible to all. The organization's activities aim to foster a more equitable and technologically advanced society, thereby uplifting humanity overall.

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Impact




July, 2024

The Bootstrap Org Inc's impact is dedicated to the uplift of humanity through technology, scientific discovery, education, and human organization. They focus on maintaining public infrastructure and supporting the development of software available to the general public under open source licenses. Their mission is to empower economic freedom by furthering education, information, resources, advocacy, support, community, and research related to cryptocurrency and privacy.




This information is meant to be a general summary of The Bootstrap Org 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
$5,340,482 (2022)
Expenses
$8,648,668 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,828,078
  • Program Service Revenue: $5,535
  • Gross Receipts: $12,518,053

Assets and Liabilities:

  • Total Assets: $35,764,895
  • Total Liabilities: $3,820,596
  • Net Assets: $31,944,299

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Programs

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

SERVICE REVENUE

Revenue

$5,535

Organization Details

Founding Year

2020

Principal Officer

Bryce Wilcox

Main Address

8800 W 116TH CIR 6215, BROOMFIELD, CO, 80021

NTEE Category

Code: U01 - Science research

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