Socratus Collective Wisdom Corporation

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

EIN: 853458271 ✦ Belmont, MA ✦ Designated as a 501(c)(3)

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Overview

What is Socratus Collective Wisdom Corporation?

Socratus Collective Wisdom Corporation, based in Belmont, Massachusetts, is a nonprofit organization dedicated to addressing complex societal and environmental challenges. They conduct scientific research, provide literary expositions, and offer educational programs, all in line with Section 501(C)(3) of the Internal Revenue Code. The organization's mission is to bring together individuals deeply involved in the issues they aim to resolve, fostering collaborative spaces for innovative problem-solving. Socratus also produces and distributes tools to encourage learning and critical thinking, focusing on wicked problems such as climate change, pandemics, automation, and inequality. The corporation operates with a small team of dedicated individuals.


Official website here: www.socratus.org

Is Socratus Collective Wisdom Corporation legitimate?

Socratus Collective Wisdom Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Socratus Collective Wisdom Corporation 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: $104,335

For more financial information, click here


Official website here: www.socratus.org

What is the mission statement of Socratus Collective Wisdom Corporation?

Socratus Collective Wisdom Corporation is dedicated to conducting scientific research, library expositions, and educational offerings aimed at addressing social and environmental issues. Their mission, as outlined under Section 501(C)(3) of the Internal Revenue Code, is to contribute to a flourishing society on a thriving planet. They recognize that challenges such as climate change, pandemics, automation, and inequality require diverse solutions, and they aim to bring together the right individuals to thoughtfully address these problems. Socratus Collective Wisdom Corporation also produces and disseminates tools to facilitate learning and problem-solving, collaborating with a wide range of stakeholders in academia, civil society, government, and business to create learning spaces for wicked problems.


Official website here: www.socratus.org

Who is the CEO of Socratus Collective Wisdom Corporation?

Rajesh Kasturirangan is the President of Socratus Collective Wisdom Corporation.


Official website here: www.socratus.org

What is the revenue of Socratus Collective Wisdom Corporation?

Socratus Collective Wisdom Corporation's revenue in 2023 was $971,306.


Official website here: www.socratus.org

Who are the executives of Socratus Collective Wisdom Corporation and what are their salaries?

The average compensation at Socratus Collective Wisdom Corporation during 2023 was $104,335. There is 1 employee at Socratus Collective Wisdom Corporation.


Here are 4 key members and their salaries:


Rajesh Kasturirangan (President)
  • Compensation: $104,334
  • Related: $0
  • Other: $0
Glenn Brody-Magid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vandana Singh (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fransis Steen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.socratus.org

Where can I find the form 990 for Socratus Collective Wisdom Corporation?

Socratus Collective Wisdom Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.socratus.org

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

Mission Statement of Socratus Collective Wisdom Corporation

Socratus Collective Wisdom Corporation is a nonprofit organization that is dedicated to conducting scientific research, library expositions, and providing educational offerings for social and environmental problems. Their mission, as stated in Section 501(C)(3) of the Internal Revenue Code, is to contribute to a flourishing society on a thriving planet. They recognize that challenges such as climate change, pandemics, automation, and inequality are complex issues with diverse solutions. To address these wicked problems, Socratus brings together individuals who are deeply embedded in the problems they aim to solve. They design meticulous spaces for these individuals to collaborate and develop innovative solutions. Additionally, Socratus produces and distributes tools to facilitate learning spaces on these complex problems in partnership with various stakeholders, including academia, civil society, government, and business.

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Impact




July, 2024

Socratus Collective Wisdom Corporation's impact lies in its dedication to addressing critical social and environmental issues through scientific research, educational offerings, and literary exposition. By bringing together various stakeholders, including those deeply affected by these challenges, Socratus creates carefully designed spaces for collaboration and problem-solving. Through partnerships with academia, civil society, government, and business, Socratus helps foster innovative solutions for wicked problems like climate change, pandemics, automation, and inequality. The organization's efforts aim to contribute to a flourishing society on a thriving planet, making a tangible difference in promoting public benefit and sustainability.




This information is meant to be a general summary of Socratus Collective Wisdom Corporation. 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
$971,306 (2023)
Expenses
$292,928 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $971,306

Assets and Liabilities:

  • Total Assets: $774,139
  • Total Liabilities: $14,710
  • Net Assets: $759,429

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Organization Details

Founding Year

2020

Principal Officer

Rajesh Kasturirangan

Main Address

24 HARDING AVENUE, BELMONT, MA, 02478

NTEE Category

Code: W05 - Public benefit

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