Founderorg Inc
- Assets
- $20.0m
- Revenue
- $91.3k
- Investments
- $12.0m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 05/2014
- Data as of
- 12/2022
- 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 12/2022, Founderorg Inc generated $91.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (45.1%) each year. All expenses for the organization totaled $961.7k during the year ending 12/2022. 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
2022
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 |
|---|---|---|---|
Julie F Carabello Director | 5 | $0 | |
Christopher Seybold Secretary & Treasurer | 10 | $81,875 | |
Michael J Baum President/board Chair | 10 | $163,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,278 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,973 |
| Capital Gain Net Income | $68,973 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $245,625 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $32,836 |
| Interest | $0 |
| Taxes | $128,040 |
| Depreciation | $5,395 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,413 |
| Total operating and administrative expenses | $461,701 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $961,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,941,778 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $250,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $420,322 |
| Net Land, buildings, and equipment | $138 |
| Other assets | $770,000 |
| Total assets | $19,950,711 |
| Accounts payable and accrued expenses | $8,852 |
| 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 | $54,079 |
| Total liabilities | $62,931 |