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Research and Public Policy : Non-Medical Science & Technology Research

XPRIZE Foundation

Revolution through competition

three stars

81.02

800 Corporate Pointe Suite 350
Culver City, CA 90230
tel: (310) 741-4880   Web Site
EIN: 52-1876879

Board Leadership
Peter H. Diamandis
Founder and Executive Chairman

CEO
Anousheh Ansari
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 81.02 three stars
  Financial 73.47 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/20/2019 and includes data from FY2017, the most recent 990 received at that time.

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.

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.

Impact Information

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This impact information is current as of November 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

73.47

Accountability & Transparency

four stars

96.00

This rating was published 12/20/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
61.3%
  Administrative Expenses 32.0%
  Fundraising Expenses 6.6%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 2.49
  Program Expenses Growth -0.3%
  Liabilities to Assets 35.0%
All data for Financial Performance Metrics calculations was provided by XPRIZE Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by XPRIZE Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
XPRIZE Foundation (CA) 81.02 three stars
Clean Air Task Force (MA) 93.52 four stars
American Council for an Energy-Efficient Economy (DC) 95.43 four stars
Physicians Committee for Responsible Medicine (DC) 88.98 three stars
Cold Spring Harbor Laboratory (NY) 92.85 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $26,686,787
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $26,686,787
   Program Service Revenue $0
Total Primary Revenue $26,686,787
   Other Revenue $1,018,325
TOTAL REVENUE $27,705,112
   
EXPENSES  
   Program Expenses $16,247,973
   Administrative Expenses $17,380,925
   Fundraising Expenses $2,799,740
TOTAL FUNCTIONAL EXPENSES $36,428,638
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-8,723,526
   
Net Assets $76,948,432

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Shell Ocean Discovery $5,335,927 32.8%
Global Learning X Prize $4,137,805 25.5%
Barbara Bush Adult Literacy X Prize $3,537,212 21.8%
NRG Cosia Carbon X Prize $3,237,029 19.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 12/20/2019 81.02 three stars
2017-12 10/01/2019 79.69 two stars
2017-12 05/01/2019 78.44 two stars
2016-12 05/01/2018 88.71 three stars
2015-12 04/01/2017 86.89 three stars
2014-12 06/01/2016 86.54 three stars
 
CN 2.0
2013-12 07/01/2015 88.96 three stars
2012-12 04/01/2014 88.32 three stars
2011-12 06/01/2013 92.35 four stars
2010-12 04/01/2012 86.30 three stars
2009-12 09/20/2011 82.15 three stars
 
CN 1.0
2009-12 06/01/2011 74.25 two stars
2008-12 08/01/2010 91.72 four stars
2007-12 07/01/2009 87.09 three stars
2006-12 07/01/2008 95.81 four stars
2005-12 02/01/2008 92.53 four stars
2004-12 05/01/2006 84.62 three stars
2003-12 09/01/2005 88.62 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1876879
Name in IRS Master File X PRIZE FOUNDATION INC
NTEE Code W70
NTEE Classification Leadership Development
NTEE Type Public, Society Benefit - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (995) Described in section 509(a)(2) of the Code
(914) Achievement prizes or awards
(927) Fundraising
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$759,641 2.08% Marcus Shingles CEO
Other Salaries of Note
$253,883 0.69% Peter Diamandis Founder & Chair

Highly Rated

Charity Name & State Overall Score Overall Rating
XPRIZE Foundation (CA) 81.02 three stars
Lowell Observatory (AZ) 88.56 three stars
Earthwatch Institute (MA) 88.23 three stars
Mind & Life Institute (VA) 89.22 three stars
Carnegie Institution for Science (DC) 89.75 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

XPRIZE Foundation
800 Corporate Pointe
Suite 350
Culver City, CA 90230
tel: (310) 741-4880
fax: (310) 741-4974
EIN: 52-1876879

Visit Web Site

Board Leadership

Peter H. Diamandis
Founder and Executive Chairman

CEO

Anousheh Ansari
Chief Executive Officer

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