Colorwave Project Inc

Colorwave Project Inc is a registered education nonprofit based in Berkeley, CA, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2021 and has been operating for 5 years. Its EIN is 854072043. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 70/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $450K in annual revenue. 31 officers and directors are publicly disclosed. GiveRadar has identified 1 potential concern.

Colorwave Project Inc's EIN (Employer Identification Number) is 854072043. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Colorwave Project Inc has a GiveRadar Integrity Assessment of 70/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 70 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 92% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for education charities in United States is 90/100.

Colorwave Project Inc is located in Berkeley, CA, United States. The organization was established in 2021 and has been active for 5 years. Its registered address is 2400 C Bancroft Way, United States.

Based on official tax filings, Colorwave Project Inc has $450K in annual revenue. It allocates 92% of expenses to programs and services. This is above the average of 74% for education charities in United States. Its revenue is below the peer average of $7M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Colorwave Project Inc is classified as an Education organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a small organization. It has $450K in annual revenue. The organization has 31 disclosed officers and directors.

GiveRadar has identified 1 potential concern for Colorwave Project Inc. Red flags are automatically detected from official data and may include high executive compensation relative to budget, low program spending, or missing financial filings. Red flags do not necessarily mean wrongdoing but indicate areas that may warrant further review before donating.

According to GiveRadar's records, Colorwave Project Inc holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 92% of expenses go to programs (the peer average is 74%). GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

In 2021, The Colorwave Project provided greater access to America's venture-backed ecosystem for more than 130 fellows from traditionally underrepresented backgrounds. 100 percent of Colorwave's fellowship participants surveyed said they would recommend the fellowship program and highlighted the peer and industry network and our industry leader speaker series as some of the most integral features of our programming experience. At the close of the calendar year, roughly 50 program participants had already transitioned to or were promoted in roles across the startup, venture, and corporate sectors. Colorwave Project Inc is classified as an education organization registered in United States. The organization was founded in 2021.

Among education charities registered in United States: It allocates 92% of expenses to programs, above the peer average of 74%. Its annual revenue of $450K is below the peer average of $7M.

Yes, donations to Colorwave Project Inc are generally tax-deductible in the United States. Colorwave Project Inc is a 501(c)(3) tax-exempt organization. Its EIN is 854072043, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.