Project Innerspace Inc

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

EIN: 873285334 ✦ Marshfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Project Innerspace Inc?

Project Innerspace Inc is a 501(c)(3) non-profit organization based in Marshfield, Massachusetts, with a single employee. The primary mission of Project Innerspace is to expand the use of geothermal energy globally. By 2030, the organization aims to make the production of clean, always-on geothermal energy possible anywhere in the world, contributing to the global efforts to meet climate and energy goals. Project Innerspace achieves this by bringing together visionaries, entrepreneurs, and disruptors with geologists, drilling experts, and well engineers, leveraging their collective expertise to build a future where geothermal energy will play a significant role. The organization deploys grants to various organizations worldwide to fund research and thought leaders in the field of geothermal energy, fostering momentum within the energy industry.


Official website here: www.projectinnerspace.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Project Innerspace Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a strong commitment to effective and impactful operations. The organization excels in both Impact & Measurement and Leadership & Adaptability, scoring a perfect 100 in each category. This high rating reflects its success in setting and achieving meaningful goals while demonstrating accountability and transparency in its operations.

One of the notable strengths of Project Innerspace Inc is its investment in leadership development. The organization provides external training and mentorship programs, ensuring that its leadership team is well-equipped to drive the mission forward. This focus on growth and improvement contributes positively to the nonprofit's overall effectiveness and ability to serve its community.

Furthermore, the nonprofit has shown significant adaptability in response to post-COVID challenges, particularly in enhancing its communication strategies. This agility has resulted in an increased rate of grants and donations, showcasing the organization's resilience and ability to thrive even in changing environments. Overall, Project Innerspace Inc stands out as a highly effective charity with a strong operational framework.


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

Is Project Innerspace Inc legitimate?

Project Innerspace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Innerspace 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: $193,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.projectinnerspace.org/

What is the mission statement of Project Innerspace Inc?

Project Innerspace Inc is a non-profit organization dedicated to expanding the global use of geothermal energy. By 2030, their goal is to make the production of always-on, clean geothermal energy possible worldwide. They achieve this by uniting the insights of visionaries, entrepreneurs, and disruptors with the cutting-edge knowledge of geologists, drilling experts, and well engineers. Their mission is to create a future where geothermal energy will enable the world to meet its climate and energy goals.


Official website here: www.projectinnerspace.org/

Who is the CEO of Project Innerspace Inc?

Jamie Beard is the Founder & Executive Director of Project Innerspace Inc.


Official website here: www.projectinnerspace.org/

What is the revenue of Project Innerspace Inc?

Project Innerspace Inc's revenue in 2022 was $1,412,062.


Official website here: www.projectinnerspace.org/

Who are the executives of Project Innerspace Inc and what are their salaries?

The average compensation at Project Innerspace Inc during 2022 was $193,847. There is 1 employee at Project Innerspace Inc.


There is 1 key member and their salary:


Jamie Beard (Founder & Executive Director)
  • Compensation: $193,846
  • Related: $0
  • Other: $0


Official website here: www.projectinnerspace.org/

Where can I find the form 990 for Project Innerspace Inc?

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


Official website here: www.projectinnerspace.org/

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

Mission Statement of Project Innerspace Inc

Project Innerspace Inc, a 501(c)(3) non-profit organization, is dedicated to expanding the use of geothermal energy globally. The mission of this forward-thinking entity is to make the production of clean, always-on geothermal energy possible anywhere in the world by 2030. They achieve this by assembling a diverse team of visionaries, entrepreneurs, and disruptors alongside geologists, drilling experts, and well engineers. By doing so, they aim to construct a future where geothermal energy will empower the world to meet its climate and energy goals. In essence, Project Innerspace Inc is working towards a sustainable future, harnessing the power of geothermal energy to address the world's energy needs while combating climate change.

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Impact




June, 2024

Project Innerspace Inc's impact lies in its mission to revolutionize the global energy landscape through the widespread adoption of geothermal energy. By funding research, collaborating with industry experts, and driving innovation in geothermal technology, Project Innerspace is paving the way for a future where clean, always-on geothermal energy can be harnessed anywhere in the world by 2030. Their focus on scalability and sustainability aligns with the urgent need to address climate change and transition to renewable energy sources. In essence, Project Innerspace is catalyzing a fundamental shift towards a more sustainable energy future on a global scale.




This information is meant to be a general summary of Project Innerspace 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
$1,412,062 (2022)
Expenses
$711,618 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,412,062

Assets and Liabilities:

  • Total Assets: $762,291
  • Total Liabilities: $61,847
  • Net Assets: $700,444

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Organization Details

Founding Year

2021

Principal Officer

Jamie Beard

Main Address

1227 SOUTH RIVER STREET, MARSHFIELD, MA, 02050

NTEE Category

Code: C01 - Environment

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