Rails Foundation

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

EIN: 882382127 ✦ Dover, DE ✦ Designated as a 501(c)(6)

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Overview

What is Rails Foundation?


Official website here: www.rubyonrails.org/foundation

Is Rails Foundation legitimate?

Rails Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rails 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

For more financial information, click here


Official website here: www.rubyonrails.org/foundation

What is the mission statement of Rails Foundation?

This mission statement is temporarily unavailable


Official website here: www.rubyonrails.org/foundation

Who is the CEO of Rails Foundation?

David H Hansson is the Chairman of Rails Foundation.


Official website here: www.rubyonrails.org/foundation

What is the revenue of Rails Foundation?

Rails Foundation's revenue in 2022 was $900,000.


Official website here: www.rubyonrails.org/foundation

Who are the executives of Rails Foundation and what are their salaries?


Here are 2 key members and their salaries:


Edwin Oh (Treasurer)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
David H Hansson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rubyonrails.org/foundation

Where can I find the form 990 for Rails Foundation?

Rails Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rubyonrails.org/foundation

Learn more at the official website: www.rubyonrails.org/foundation

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Impact




October, 2024

The Rails Foundation significantly enhances the Ruby on Rails ecosystem by promoting collaboration among key industry players. By recruiting and onboarding eight core member companies, it has secured essential funding to launch initiatives aimed at strengthening the community and framework. The establishment of the foundation in November 2022 marked a pivotal moment, as it provides a structured platform for ongoing support and development of Ruby on Rails.

Additionally, the foundation is actively working on leadership through the recruitment of an Executive Director, a role crucial for executing its mission. The presence of a dedicated foundation page on rubyonrails.org not only raises awareness but also serves as a resource for developers, companies, and enthusiasts alike. Overall, the Rails Foundation is poised to drive innovation, foster collaboration, and ensure the continuous growth of the Ruby on Rails framework.




This information is meant to be a general summary of Rails 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.

Revenue
$900,000 (2022)
Expenses
$30,721 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $900,000

Assets and Liabilities:

  • Total Assets: $893,879
  • Total Liabilities: $24,600
  • Net Assets: $869,279

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Organization Details

Founding Year

2022

Principal Officer

David H Hansson

Main Address

8 The Green 14304, Dover, DE, 19901

NTEE Category

Code: Y03 - Mutual benefit

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