Overview
What is Goalsetter Foundation?
The Goalsetter Foundation, based in Brooklyn, New York, is a nonprofit organization dedicated to empowering children across America. Throughout 2022, they collaborated with various community-based organizations to promote their initiatives and provide access to opportunities. The Goalsetter Foundation's mission is to instill in children the belief that they are deserving of wealth and equip them with the tools to accumulate it. This is achieved through various features available on their app, such as custom goal setting, auto-save, round-up, and allowance, which were instrumental in helping a young man save nearly $2,000 with the support of his family. The Foundation's reach extends beyond Brooklyn, aiming to influence and support communities nationwide.
Official website here: www.goalsetterfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Goalsetter Foundation has received a 77% score from Charity Navigator, reflecting a strong emphasis on accountability and finance. The foundation's high program expense ratio of 95.53% indicates that the majority of its funds are allocated directly to its programs, which is a positive sign for potential donors looking for effective use of their contributions.
The organization boasts a fully independent board, demonstrating a commitment to governance standards with 100% independent members. Additionally, it has successfully maintained a low liabilities to assets ratio of 0.66%, further showcasing its financial stability and effective resource management. The foundation also has a robust set of policies regarding conflict of interest and document retention, enhancing its credibility.
However, the overall score is based solely on the accountability and finance beacon, which may limit insights into other operational aspects such as impact and community feedback. While the financial metrics are notably strong, prospective donors might want to explore further details regarding the foundation’s programs and outcomes before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Goalsetter Foundation legitimate?
Goalsetter Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goalsetter 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: $0
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Official website here: www.goalsetterfoundation.org
What is the mission statement of Goalsetter Foundation?
The Goalsetter Foundation is dedicated to instilling a sense of self-worth regarding wealth in every child across America. They aim to teach children how to build wealth, extending their reach from East New York to East Oakland, and to various communities in between. Throughout 2022, the Foundation collaborated with several community-based organizations to increase awareness and access to their respective opportunities. One success story from a Goalsetter Foundation-supported program involved a young man saving nearly $2,000 in about 12 months with assistance from his family. Utilizing features like custom goal setting, auto save, round-up, and allowance within the Goalsetter app, he managed to achieve this milestone.
Official website here: www.goalsetterfoundation.org
Who is the CEO of Goalsetter Foundation?
Crystall Bobb-Semple is the President of Goalsetter Foundation.
Official website here: www.goalsetterfoundation.org
What is the revenue of Goalsetter Foundation?
Goalsetter Foundation's revenue in 2022 was $1,072,654.
Official website here: www.goalsetterfoundation.org
Who are the executives of Goalsetter Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.goalsetterfoundation.org
Where can I find the form 990 for Goalsetter Foundation?
Goalsetter Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goalsetterfoundation.org
Learn more at the official website: www.goalsetterfoundation.org
Mission Statement of Goalsetter Foundation
The Goalsetter Foundation is dedicated to instilling a sense of worth and wealth-building skills in every child across America. Their commitment extends from East New York to East Oakland, and encompasses communities in between. The organization's mission is to educate these children, empowering them with the knowledge and tools necessary to build wealth, thereby fostering financial stability and success. Through various initiatives and collaborations with community-based organizations, the Goalsetter Foundation works tirelessly to increase awareness and provide access to these opportunities.
One of the ways the Goalsetter Foundation achieves its mission is by providing support to children and their families. This support can be seen in the success story of a young man who managed to save nearly $2,000 over a period of 12 months with the help of his family. The Goalsetter Foundation's in-app features, including custom goal setting, auto save, round-up, and allowance, played a significant role in this achievement. The organization's mission is to ensure that every child understands their worth and has the resources to build a prosperous future.
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Impact
July, 2024
Goalsetter Foundation's impact can be seen in the success stories of young individuals who have been able to save significant amounts of money through their programs. For example, a young man was able to save just under $2,000 in about 12 months with the support of his family and utilizing Goalsetter's in-app features. This demonstrates the tangible impact the organization has in empowering youth to build wealth and financial literacy.
This information is meant to be a general summary of Goalsetter 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.
- Gross Receipts: $1,072,654
Assets and Liabilities:
- Total Assets: $2,615,027
- Total Liabilities: $17,407
- Net Assets: $2,597,620
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Organization Details
Founding Year
2019
Phone
(347) 537-8752Principal Officer
Crystall Bobb-Semple
Main Address
266 DECATUR ST, BROOKLYN, NY, 11233
Website
www.goalsetterfoundation.orgNTEE Category
Code: T31 - Philanthropy
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