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    XPRIZE Foundation

    XPRIZE Foundation

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.xprize.org/

    10736 Jefferson Blvd
    #406
    Culver City CA 90230

    310-741-4880


    Culver City CA | IRS ruling year: 1999 | EIN: 52-1876879  

     

    Organization Mission

    The mission of XPRIZE is to clearly articulate a vision of a preferred and positive future across a set of domains, identify a roadmap of breakthroughs needed to get there, and establish the incentive competitions that will focus the resources, talent and technology required to enable those breakthroughs and accelerate that future.

    We want to inspire and guide innovators to create breakthroughs enabling a world of abundance -- a world where every man, woman and child can access all the energy, clean drinking water, shelter, education and healthcare they require.

     


    Rating Information

    star rating graphic

    Good


    This charity's score is 86%, earning it a Three-Star rating.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  
    alert icon Review Before Proceeding - Confirmed Delinquency

    This organization appears on the most recent listing of nonprofits that are delinquent with California state registrations


    For more information about our alerts methodology, see here.

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    86

    Most Recent Fiscal Year:
    FY 2021

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 88% independent members10 out of 10 points  
    Independent Board Size - 15 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 68.51%1 out of 25 points  
    Program Expense: Ratio - 67.17%21 out of 25 points  
    Fundraising Efficiency: Ratio - $0.1925 out of 25 points  
    Working Capital: Ratio - 1.19 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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