Overview
What is Open Earth Foundation?
Open Earth Foundation is a nonprofit organization based in Marina Del Rey, California, with six dedicated employees. Their primary focus is on addressing climate challenges by developing and deploying open-source digital solutions. The Open Earth Lab, an integral part of the foundation, serves as a hub for innovation, fostering collaboration among existing projects and fostering new ideas. The foundation's mission is to support a thriving planet by leveraging digital technology, contributing to the creation of sustainable solutions to mitigate climate change.
Official website here: www.openearth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Open Earth Foundation has received a Three-Star rating from Charity Navigator, which indicates a solid performance in Accountability & Finance. This score reflects a strong commitment to transparency and responsible financial management, highlighted by a 83.26% program expense ratio and a low liabilities to assets ratio of 0.59%. The organization showcases a majority independent board and has policies in place for conflict of interest, whistleblowing, and document retention, all contributing to its favorable rating.
User reviews from various platforms reflect a high level of satisfaction among supporters and professionals in the field. Many reviewers praise the foundation's innovative approach to leveraging technology, such as blockchain and AI, to address climate challenges. The team's passion and collaborative spirit are frequently highlighted, suggesting a dynamic and committed group working towards global climate solutions. Partnerships, including one with UN Climate Change, further bolster their credibility and potential for impact.
While the feedback is overwhelmingly positive, there are no noted limitations in the data collected. The organization's mission at the intersection of technology and climate change appears to resonate well with its supporters, positioning it as a promising player in the nonprofit sector dedicated to environmental sustainability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Open Earth Foundation legitimate?
Open Earth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Earth 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: $250,790
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,688
For more financial information, click here
Official website here: www.openearth.org
What is the mission statement of Open Earth Foundation?
The Open Earth Foundation is committed to creating and deploying open-source digital systems and solutions to address climate challenges and support a thriving planet. This nonprofit organization, through its OpenEarth Lab, fosters collaboration among projects and serves as a hub for innovative ideas that advance its mission and develop new programs. By deploying these digital solutions, the Open Earth Foundation aims to contribute to mitigating climate challenges and promoting a prosperous planet.
Official website here: www.openearth.org
Who is the CEO of Open Earth Foundation?
Martin Wainstein is the Board Chair/Executive Dire of Open Earth Foundation.
Official website here: www.openearth.org
What is the revenue of Open Earth Foundation?
Open Earth Foundation's revenue in 2022 was -$246,091.
Official website here: www.openearth.org
Who are the executives of Open Earth Foundation and what are their salaries?
The average compensation at Open Earth Foundation during 2022 was $91,746. There are 6 employees and 10 volunteers at Open Earth Foundation.
Here are 8 key members and their salaries:
- Compensation: $158,624
- Related: $0
- Other: $1,840
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $88,529
- Related: $0
- Other: $1,797
Official website here: www.openearth.org
Where can I find the form 990 for Open Earth Foundation?
Open Earth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openearth.org
Learn more at the official website: www.openearth.org
Mission Statement of Open Earth Foundation
The Open Earth Foundation is dedicated to making significant strides in addressing climate challenges by creating and deploying open-source digital systems and solutions. Their mission is centered around collaborating with various entities to develop innovative technologies that contribute to a thriving planet. This work is primarily carried out through the OpenEarth Lab, a research and deployment hub for climate tech initiatives. The lab fosters collaboration among existing projects and serves as a breeding ground for new, innovative ideas that align with the Open Earth Foundation's mission and help develop new programs. Overall, the foundation's mission is to leverage open-source digital solutions to combat climate issues and contribute to a sustainable future.
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Impact
October, 2024
Open Earth Foundation significantly influences the global response to climate challenges through the development and deployment of open-source digital solutions. Its innovation hub, OpenEarth Lab, serves as a collaborative space that fosters creativity and efficiency across various projects. By uniting existing initiatives and nurturing new ideas, the Lab accelerates the creation of tools and systems that can effectively mitigate climate-related issues. This proactive approach not only propels forward-thinking climate technology but also builds a broad network of stakeholders dedicated to the common goal of a thriving planet. The Foundation's commitment to transparency and open collaboration enhances its capacity to drive meaningful change in environmental sustainability.
This information is meant to be a general summary of Open Earth 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.
- Investment Income: -$576,810
- Program Service Revenue: $29,604
- Gross Receipts: $2,700,075
Assets and Liabilities:
- Total Assets: $3,615,693
- Total Liabilities: $280,301
- Net Assets: $3,335,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING INCOME
Revenue
$29,604
Organization Details
Founding Year
2020
Phone
(347) 398-5284Principal Officer
Martin Wainstein
Main Address
24 LIGHTHOUSE STREET APT A, MARINA DEL REY, CA, 90292
Website
www.openearth.orgNTEE Category
Code: U30 - Science research
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