What is left after costs goes to Venezuela.
FairEntity charges for forming your company in the United States. We cover the state fee, the providers and the operation, and what is left is donated to humanitarian and animal aid in . Every month we publish it.
Why Venezuela
Forming a company from another country is work with real costs, and it is fair to charge for it. What is left after paying them can go where it is needed. We chose .
Humanitarian aid
Direct support for people inside Venezuela. Every donation is recorded with its purpose, its date and its proof.
Animal aid
Support for people who care for animals inside Venezuela. It is published the same way as the rest: purpose, date and proof.
Organizations with proof
We send to organizations we review first. We do not publish an organization's name until there is proof of delivery.
This is not a percentage of your payment. It is what is left when the month ends and costs are covered, and we only count it once it is in the published ledger.
How the money moves
Costs come out of each payment first. What is left after costs is what gets donated.
State fee
Paid to the state exactly as charged. We add nothing to it.
Providers
Registered agents, filing partners and mail services that do part of the work.
Operations
The people who review and file, plus servers, artificial intelligence and payment fees.
What is left
Donated to humanitarian and animal aid in Venezuela and published in that month's ledger.
An example payment
Pick a company type and a state to see how the payment is split, based on the current price catalog.
Company type
State
How the payment splits
- State fee
- $103.75
- Cost to operate
- $64
- What is left after costs
- $25
This is an estimate at today's price. Real costs change each month, and what is left is confirmed in the published ledger.
What goes into the cost to operate
The team
The work of reviewing your details, filing with the state and handling your case.
Technology
Servers and artificial intelligence that run Fae and your dashboard.
Payment fees
What the payment processor charges to receive your payment.
The monthly ledger, explained
Every month we publish a ledger. It is built so anyone can follow the money from start to finish without asking us for anything.
What came in
The sum of orders paid during the month, minus that month's refunds.
- It is calculated from real orders, not typed in by hand.
- Refunds are subtracted in the month they happen.
- It is the starting point for everything else.
What it cost to operate
Costs are shown in three rows: state fees, providers and operations.
- State fees: what we pay states for the filings.
- Providers: registered agents, filing partners and mail.
- Operations: servers, artificial intelligence, payment fees and the team's work.
Where what was left went
Each donation is listed with its recipient, purpose, amount, date and a receipt you can download.
- A donation is not published without a receipt.
- The total donated cannot exceed what is available to date.
- A donation can include a link to its source.
What needs explaining
When a month has something to clarify, the team writes a public note in Spanish and English.
- A note does not change the month's figures.
- It explains an unusual expense or a correction.
- If there is nothing to explain, the month has no note.
Ledger rules
A published month is not edited
When it is published, the month's totals are frozen along with the publication date.
Mistakes are corrected going forward
If there was a mistake, we correct it with a note in the following month.
What is available carries over
What is left from a month and not yet donated moves to the next. We can only donate what exists.
Where each number comes from
- Income
- Orders paid in the month, minus that month's refunds.
- Costs
- Expenses the team records as each task is done, plus general ones: servers, artificial intelligence, payment fees and freelancer payments.
- Available to donate
- Income minus the three costs, accumulated with earlier months that were not donated.
- Donated
- The sum of the donations recorded in the month.
Published months
These are the ledgers that are already published. Open a month to see the costs by row and each donation with its receipt.
| Month | Revenue | Costs | Donated | Receipts | View |
|---|---|---|---|---|---|
| The first report is published after our first full month of operation. | |||||
There are no published months yet, so we show no figures. When the first one exists it will appear here with its breakdown and receipts.
What we will not say or do
A mission is only worth something if it can be checked. These are the lines we do not cross.
That everything you pay is donated
Costs are covered first. What gets donated is what is left after them.
A percentage of your payment
We promise no share of what you pay, because real costs change every month.
Figures that are not in the ledger
We only show donated amounts that are in a published ledger.
An organization's name without proof
We do not name a beneficiary organization until there is proof of delivery.
Results we cannot measure
We do not invent stories, photos or impact figures. We publish what the ledger supports.
Silent edits
A published month is not rewritten. A correction is explained in a note in the following month.
Questions about the mission
Short answers. If you want more detail, Fae can explain each one.
Is everything I pay donated?
No. From each payment we first cover the state fee, the providers and the operation. What is left after costs is donated.
How much of my payment is donated?
We do not state it as a percentage, because it depends on each month's real costs. The figure that matters is the one in the published ledger.
Where can I see how much has been donated?
In the monthly ledger on this page. Each published month shows income, costs by row and each donation with its receipt.
Why is no organization named?
Because we do not name a beneficiary organization until there is proof of delivery. When there is, it will appear in the matching month.
What happens if a published month has a mistake?
A published month is not edited. We correct it with a note in the following month.
What counts as a cost?
Three things: state fees, providers and operations. Operations include servers, artificial intelligence, payment fees and the work of the people on the team.
Does paying more change the donation in some way?
No. You pay the price you see before paying, and what is left after costs is donated the same way.
Does Fae give me legal or tax advice about this?
No. Fae informs and explains how FairEntity works, but she does not give legal or tax advice.
Want to understand better how a payment is split or what the ledger shows? Ask Fae.