Overview
What is Social Alpha Innovation Foundation?
The Social Alpha Innovation Foundation is a nonprofit organization that actively supports scientific advancements and social entrepreneurship in developing or underdeveloped nations. Their mission is centered around addressing pressing global challenges such as climate change, healthcare, education, and poverty through the promotion of innovative technology and initiatives. By doing so, they aim to contribute positively to the socio-economic development of these regions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Currently Rated
The Social Alpha Innovation Foundation demonstrates strong leadership and adaptability, scoring a perfect 100 in the Leadership & Adaptability category. This reflects the organization's commitment to developing its leaders through personalized mentorship, which is critical for sustaining effective operations. Additionally, the foundation has shown a proactive approach in mobilizing its mission through strategic partnerships and collaborative efforts.
The organization scored 40 out of 40 points in its strategy, indicating a well-defined and effective approach to achieving its goals. Their adaptability during the COVID-19 pandemic was commendable, as they successfully transitioned to a virtual format while doubling their team strength, showcasing resilience in challenging circumstances.
However, while the scores in leadership and strategy are impressive, the absence of an overall rating from Charity Navigator suggests limited transparency or available data for potential donors and stakeholders. This could be a concern for those looking for a comprehensive evaluation of the organization's financial health and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Social Alpha Innovation Foundation legitimate?
Social Alpha Innovation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Alpha Innovation Foundation submitted a form 990EZ, 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
What is the mission statement of Social Alpha Innovation Foundation?
The Social Alpha Innovation Foundation's mission is centered around supporting scientific and technological innovations, as well as social entrepreneurship, in underdeveloped or developing nations. Its primary objectives include addressing challenges related to climate change, healthcare, education, and poverty. The foundation aims to contribute to sustainable development by fostering innovation and encouraging entrepreneurship that can bring about positive change in these critical areas.
Who is the CEO of Social Alpha Innovation Foundation?
Vidya Phalke is the CEO of Social Alpha Innovation Foundation The CEO's salary of Social Alpha Innovation Foundation is $0 and their total compensation is $0.
What is the revenue of Social Alpha Innovation Foundation?
Social Alpha Innovation Foundation's revenue in 2023 was $635,725.
Who are the executives of Social Alpha Innovation Foundation and what are their salaries?
Here are 3 key members and their salaries (Social Alpha Innovation Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Social Alpha Innovation Foundation?
Social Alpha Innovation Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Social Alpha Innovation Foundation
The Social Alpha Innovation Foundation is dedicated to furthering the advancement of science and technology innovations, as well as fostering social entrepreneurship, in underdeveloped or developing nations. Its primary objectives revolve around addressing pressing challenges in the areas of climate change, healthcare, education, and poverty. By supporting these initiatives, the foundation aims to contribute to sustainable development and improve the lives of people in these regions.
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Impact
August, 2024
Social Alpha Innovation Foundation drives impactful change by supporting science and technology innovations and social entrepreneurship in developing or underdeveloped countries. They tackle crucial global issues such as climate change, healthcare, education, and poverty.
This information is meant to be a general summary of Social Alpha Innovation 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 2023.
- Gross Receipts: $635,725
Assets and Liabilities:
- Total Assets: $51,334
- Total Liabilities: $0
- Net Assets: $51,334
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Organization Details
Principal Officer
Vidya Phalke
NTEE Category
Code: U40 - Science research
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