Overview
What is Benjamin Franklin Cummings Institute Of Technology?
The Benjamin Franklin Cummings Institute of Technology is a budget-friendly urban college located in the Boston area, dedicated to ensuring student success and readiness for careers in technology fields. With a mission to deliver impactful technical and vocational education, this nonprofit institution is committed to fostering economic growth.
Official website here: www.franklincummings.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% - Three-Star out of Four Star rating
The Benjamin Franklin Cummings Institute of Technology has received an 87% rating from Charity Navigator, indicating a solid level of accountability and financial health. Its accountability and finance score is particularly strong at 88, reflecting effective governance and oversight structures, including a fully independent board of directors. The organization has also demonstrated sound financial practices, with no reported material diversion of assets and a comprehensive approach to policy transparency.
However, the institute faces some challenges in terms of its culture and community score, which sits at 75. This suggests there may be areas for improvement in engagement and support within its community. Additionally, the program expense ratio of 70.56% could imply that a portion of funds is allocated to administrative costs rather than direct programming, which is a consideration for potential donors.
Despite these minor limitations, the institute appears to operate with integrity and strong governance practices, as evidenced by its high scores in various oversight categories. The absence of loans to officers and the presence of a whistleblower policy further enhance its credibility as a nonprofit organization focused on education and technology.
This AI summary has been generated from information found on Charity Navigator.
Is Benjamin Franklin Cummings Institute Of Technology legitimate?
Benjamin Franklin Cummings Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benjamin Franklin Cummings Institute Of Technology submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $477,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,005,057
For more financial information, click here
Official website here: www.franklincummings.edu
What is the mission statement of Benjamin Franklin Cummings Institute Of Technology?
The Benjamin Franklin Cummings Institute of Technology is dedicated to providing transformative technical and trade education that contributes to economic growth. Through its mission, the institution aims to deliver education that equips students with the necessary skills and knowledge to succeed in their chosen careers. The Institute is committed to student success and career readiness, making it an affordable and valuable option for individuals in the Boston region and beyond. By focusing on technology fields, the Institute ensures that its graduates are well-equipped to meet the demands of the ever-evolving industry and contribute to economic advancement.
Official website here: www.franklincummings.edu
Who is the CEO of Benjamin Franklin Cummings Institute Of Technology?
Aisha Francis is the CEO of Benjamin Franklin Cummings Institute Of Technology The CEO's salary of Benjamin Franklin Cummings Institute Of Technology is $262,403 and their total compensation is $294,925.
Official website here: www.franklincummings.edu
What is the revenue of Benjamin Franklin Cummings Institute Of Technology?
Benjamin Franklin Cummings Institute Of Technology's revenue in 2024 was $31,443,429.
Official website here: www.franklincummings.edu
Who are the executives of Benjamin Franklin Cummings Institute Of Technology and what are their salaries?
The average compensation at Benjamin Franklin Cummings Institute Of Technology during 2024 was $43,003. There are 174 employees and 21 volunteers at Benjamin Franklin Cummings Institute Of Technology.
Here are 27 key members and their salaries (Benjamin Franklin Cummings Institute Of Technology's CEO's salary is $262,403 and their total compensation is $294,925):
- Compensation: $262,403
- Related: $0
- Other: $32,522
- Compensation: $147,987
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- Other: $22,138
- Compensation: $149,558
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- Other: $11,375
- Compensation: $145,323
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- Other: $14,392
- Compensation: $135,347
- Related: $0
- Other: $14,014
- Compensation: $128,469
- Related: $0
- Other: $6,810
- Compensation: $116,289
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Official website here: www.franklincummings.edu
Where can I find the form 990 for Benjamin Franklin Cummings Institute Of Technology?
Benjamin Franklin Cummings Institute Of Technology's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.franklincummings.edu
Learn more at the official website: www.franklincummings.edu
Mission Statement of Benjamin Franklin Cummings Institute Of Technology
The Benjamin Franklin Cummings Institute of Technology is a mission-driven organization dedicated to delivering transformative technical and trade education. By doing so, it aims to foster economic advancement for its students. This institution is an essential part of the Boston region's educational landscape, focusing on student success and readiness in technology fields. In simpler terms, the Benjamin Franklin Cummings Institute of Technology is an affordable urban college that capitalizes on innovative education to empower individuals and contribute to the economic growth of the community.
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Impact
October, 2024
Benjamin Franklin Cummings Institute of Technology significantly impacts the Boston region by providing accessible and high-quality technical and trade education. Its commitment to student success and career readiness equips individuals with the skills needed to thrive in technology fields, contributing to economic advancement in the community. By focusing on affordability and urban education, the institute plays a critical role in empowering students to achieve their career goals, fostering a skilled workforce that supports local industries. The emphasis on transformative education creates opportunities for students, enabling them to improve their lives and contribute positively to the economy.
This information is meant to be a general summary of Benjamin Franklin Cummings Institute Of Technology. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $118,723
- Program Service Revenue: $10,253,097
- Gross Receipts: $31,547,641
Assets and Liabilities:
- Total Assets: $17,195,877
- Total Liabilities: $10,874,146
- Net Assets: $6,321,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$7,595,871
AUXILIARY INCOME
Revenue
$2,207,771
STUDENT PROVISIONS
Revenue
$449,455
Organization Details
Founding Year
1913
Principal Officer
Dr Aisha Francis
Website
www.franklincummings.eduNTEE Category
Code: B40 - Education
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