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  • Charities
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    • Charities By SDGs
  • Public Portfolios
    B612 Foundation Logo

    MIP Score

    55

    Science & Tech
    Astronomy Research

    B612 Foundation

    B612 Foundation Logo

    B612 Foundation

    Science & Tech
    Astronomy Research
    20 Sunnyside Ave, Ste F, Mill Valley, California, 94941View all Mill Valley charities
    EIN: 54-2078469
    Total Assets: $4.289 million
    Established in 2003

    Mission

    The B612 Foundation® and its Asteroid Institute® work to develop innovative tools and technologies for understanding, mapping, and navigating our solar system. Their efforts focus on asteroid research, discovery, and prevention of asteroid impacts through advanced computational methods and educational initiatives.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    20 Sunnyside Ave, Ste F, Mill Valley, California, 94941

    View all Mill Valley charities

    Founded in

    2003

    EIN

    54-2078469

    Total Assets

    $4.289 million

    Mission

    The B612 Foundation® and its Asteroid Institute® work to develop innovative tools and technologies for understanding, mapping, and navigating our solar system. Their efforts focus on asteroid research, discovery, and prevention of asteroid impacts through advanced computational methods and educational initiatives.

    Basic Information

    Tax-Exempt

    Address

    20 Sunnyside Ave, Ste F, Mill Valley, California, 94941

    View all Mill Valley charities

    Founded in

    2003

    EIN

    54-2078469

    Total Assets

    $4.289 million

    UN Sustainable Development Goals Supported

    This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

    Showing 3 of 3 goals

    Goal 4

    Quality Education

    Goal 9

    Innovation and Infrastructure

    Goal 17

    Partnerships for the Goals

    Goal 4

    Quality Education

    Goal 9

    Innovation and Infrastructure

    Goal 17

    Partnerships for the Goals

    At a Glance

    Annual Progress Report 2024

    Annual Progress Report 2024

    Highlights key achievements and growth for the Asteroid Institute in 2024.

    B612 Cofounder Induction

    B612 Cofounder Induction

    Dr. Ed Lu was honored with an induction into the prestigious Hall of Fame.

    Discovery of New Asteroids

    Discovery of New Asteroids

    Partnership with Google Cloud led to the identification of 27,500 new asteroids.

    Impact Stats

    27,500

    Number of Asteroids Identified

    Asteroid Discovery

    Identified 27,500 previously undetected asteroids using advanced computational methods.

    1

    Number of Prize Winners

    Schweickart Prize

    Inaugurated the Schweickart Prize to encourage innovation in asteroid detection.

    1

    Recognitions

    Recognition of Co-founders

    Dr. Ed Lu was inducted into the International Astronautical Federation Hall of Fame.

    Impact Reports

    PDF Icon

    2024 Annual Report

    PDF Icon

    2023 Annual Report

    MIP Score (Beta)

    The MIP Score is in beta! We'd love any feedback you may have.

    The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

    Overall Score

    55

    42

    /100

    Program Expense Ratio

    89.59%

    20

    /20

    Program Revenue Growth

    0.00%

    2

    /20

    Leverage Ratio

    0.4912

    8

    /20

    Working Capital Ratio

    0.8484

    10

    /20

    Fundraising Efficiency

    0

    2

    /20

    Latest Filing Data: Form 990

    Fiscal Year:2022

    Source:Source: Self-reported by organization

    Financial Details

    Revenue

    CategoryAmountPercentage
    Contributions, Gifts, and Grants3.85M96.01%
    Program Services00.00%
    Investment Income5.941K0.15%
    Sales of Non-Inventory Assets-110-0.00%
    Other Notable Sources154.3K3.85%
    Total Revenue4.011M100.00%

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