Gofundme Org
- Assets
- $10.7m
- Revenue
- $15.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 08/2016
- Data as of
- 06/2021
- EIN
- 81-2279757
Organization Overview
Gofundme Org is located in Los Altos, CA. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gofundme Org 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 06/2021, Gofundme Org generated $15.3m in total revenue. All expenses for the organization totaled $7.2m during the year ending 06/2021. While expenses have increased by 14.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gofundme Org has awarded 305 individual grants totaling $60,428,430. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FAST AND EFFECTIVE RELIEF TO VICTIMS OF DISASTERS AND TO FUND EDUCATIONAL AND OTHER CHARITABLE INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOFUNDME.ORG CREATED CAMPAIGNS SPECIFICALLY FOR VARIOUS URGENT NEEDS INCLUDING, BUT NOT LIMITED TO SUPPORTING VICTIMS OF CALIFORNIA WILDFIRES, AUSTRALIAN WILDFIRES, AND COVID 19 RELATED NEEDS. GRANTS WERE MADE TO BOTH CHARITABLE ORGANIZATIONS AND CHARITABLE CLASS VICTIMS.
GOFUNDME.ORG CREATED CAMPAIGNS SPECIFICALLY FOR VARIOUS CAUSES INCLUDING, BUT NOT LIMITED TO, ANIMAL CAUSES, VETERAN CAUSES, YOUNG CHANGEMAKERS, ENVIRONMENTAL CAUSES, MENTAL HEALTH CAUSES, K-12 CLASSROOM CAUSES, JUSTICE AND EQUALITY AND GIRLS OPPORTUNITY ALLIANCE. GRANTS WERE MADE TO BOTH CHARITABLE ORGANIZATIONS AND CHARITABLE CLASS VICTIMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yoshiko Inoue President/ceo | Officer | 20 | $0 |
Angela Jones Secretary/cfo/treasurer | Officer | 35 | $0 |
Michael B Fisher Director | Trustee | 1 | $0 |
Christine Demetruis Director | Trustee | 1 | $0 |
Rob Solomon Director | Trustee | 1 | $0 |
Kim Wilford Director And Chairman | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,280,142 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,280,142 |
| Total Program Service Revenue | $0 |
| Investment income | $355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,280,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,403,505 |
| Grants and other assistance to domestic individuals. | $680,481 |
| Grants and other assistance to Foreign Orgs/Individuals | $373,373 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,788 |
| Fees for services: Accounting | $111,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,375 |
| Information technology | $9,245 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,985 |
| All other expenses | $5,951 |
| Total functional expenses | $7,161,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,521,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $94,618 |
| Accounts receivable, net | $46,407 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,162 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,664,900 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $248,499 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $248,499 |
| Net assets without donor restrictions | $2,545,801 |
| Net assets with donor restrictions | $7,870,600 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,664,900 |
Grants Awarded
Over the last fiscal year, Gofundme Org has awarded $4,942,772 in support to 122 organizations.
| Grant Recipient | Amount |
|---|---|
Encino, CA PURPOSE: TIME'S UP FUND | $600,001 |
Oakland, CA PURPOSE: UNRESTRICTED | $500,000 |
Chicago, IL PURPOSE: COVID 19:COVID 19 AMERICA'S FOOD FUND | $285,400 |
Fairfield, CT PURPOSE: COVID 19:COVID 19 AMERICA'S FOOD FUND | $277,400 |
Washington, DC PURPOSE: COVID 19:COVID 19 AMERICA'S FOOD FUND | $244,400 |
Washington, DC PURPOSE: COVID 19:COVID 19 AMERICA'S FOOD FUND | $244,400 |
Grants Recieved
Over the last fiscal year, we have identified 33 grants that Gofundme Org has recieved totaling $9,010,843.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $2,525,275 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: INTERNATIONAL HUMANITARIAN PROGRAMS | $1,605,000 |
The Schmidt Family Foundation Palo Alto, CA PURPOSE: SUPPORTING HUMANITARIAN RELIEF | $1,500,000 |
The Barack Obama Foundation Chicago, IL PURPOSE: SUPPORT GRASSROOTS LEADERS TO EMPOWER GIRLS THROUGH EDUCATION. | $785,151 |
The Tripadvisor-Expedia Foundation Needham Heights, MA PURPOSE: PROVIDE FAST AND EFFECTIVE SUPPORT TO DISASTERS | $750,000 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |