Founderorg Inc
- Assets
- $20.8m
- Revenue
- $8.1m
- Investments
- $11.7m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-1218553
Organization Overview
Founderorg Inc is located in San Francisco, CA. The organization was established in 2014. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Founderorg Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Founderorg Inc generated $8.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $300.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
8D PROGRAM: THE PROGRAM IS DESIGNED TO HELP COMPANIES BUILDA SOLID FOUNDATION FOR THEIR COMPANY'S GROWTH BY FOCUSING ONEIGHT DIMENSIONS: IDEA, TEAM, PRODUCT, BUSINESS PLANNING,MARKET DEVELOPMENT, CUSTOMER DEVELOPMENT, OPERATIONS,AND FUNDRAISING. EACH DIMENSION HAS A SERIES OF INTERACTIVECHALLENGES THAT EACH COMPANY TAKES ONLINE. EVERY CHALLENGETAKES THEM THROUGH THE DEVELOPMENT OF A CRITICAL AREA. AMENTOR IS ASSIGNED TO HELP THEM WITH THE CHALLENGES INWEEKLY OFFICE HOURS. ONCE A QUARTER ALL OF THE TEAMS MEET INPERSON TO PRESENT THE RESULTS OF THEIR CHALLENGES AND MEETINVESTORS, CUSTOMERS, AND PARTNERS AT QUARTERLY FORUMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Seybold Secretary & Treasurer | 10 | $50,000 | |
Julie F Carabello Director | 5 | $0 | |
Michael J Baum President/board Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,019,819 |
| Capital Gain Net Income | $8,019,819 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26 |
| Total Revenue | $8,057,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,193 |
| Depreciation | $12,797 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,314 |
| Total operating and administrative expenses | $139,455 |
| Contributions, gifts, grants paid | $161,000 |
| Total expenses and disbursements | $300,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,518,030 |
| Net Accounts receivable | $86,966 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $530,322 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,759,658 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $35 |
| Total liabilities | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advanced Education Research & Development Fund Oakland, CA | $37,818,730 | $32,842,563 |
Learning Policy Institute Palo Alto, CA | $14,081,689 | $13,855,594 |
Centre For Effective Altruism Usa Inc San Francisco, CA | $38,716,189 | $17,476,222 |
Free Speech Foundation Tucson, AZ | $7,772,544 | $12,862,389 |
Publicworks Group Pasadena, CA | $3,758,874 | $4,171,322 |
The Nroc Project Carmel, CA | $6,140,866 | $4,569,862 |
The Rp Group Inc San Rafael, CA | $3,227,316 | $2,427,943 |
Romero Institute Santa Cruz, CA | $3,321,846 | $4,211,706 |
University Of Arizona Applied Research Corporation Tucson, AZ | $1,562,142 | $1,988,110 |
Center For Arizona Policy Inc Phoenix, AZ | $2,327,762 | $3,525,573 |
A For Arizona Phoenix, AZ | $591,569 | $2,295,104 |
Institute For Evidence-Based Change Long Beach, CA | $312,425 | $1,549,610 |