Overview
What is Sugar Processing Research Institute Inc?
The Sugar Processing Research Institute Inc, situated in New Orleans, Louisiana, serves as a research hub for various chemical projects related to sugar cane and sugar beets. Their primary objective is to delve into the intricacies of sugar processing, conducting thorough analyses and studies. The findings of their research are then shared with affiliated organizations, contributing to the collective knowledge in this domain. The institute's mission is dedicated to enhancing understanding and improving the quality of sugar cane and sugar beet products through its research and analysis efforts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The Sugar Processing Research Institute Inc has earned an 80% score from Charity Navigator, reflecting a solid performance in accountability and finance. This rating is derived entirely from a single beacon score, showcasing the organization's commitment to maintaining high financial standards and operational transparency.
Key strengths of the institute include its governance structure, with 90% of its board members being independent, and a well-sized board comprising nine independent members. The organization has demonstrated effective asset management, with no material diversions of assets reported. Additionally, it excels in financial ratios, maintaining a program expense ratio of 98.10%, which indicates a strong focus on its mission-related activities.
While the institute's financial governance appears robust, the overall rating reflects solely its accountability and finance metrics, leaving out other potential areas of evaluation such as program impact or community engagement. This limited perspective means that while the organization is financially sound, further insights into its effectiveness in fulfilling its mission could enhance the overall understanding of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Sugar Processing Research Institute Inc legitimate?
Sugar Processing Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sugar Processing Research Institute Inc 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: $1,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sugar Processing Research Institute Inc?
The Sugar Processing Research Institute Inc's primary mission is to conduct extensive research and analysis on sugarcane and sugarcane products. Their primary objective is to uncover new insights and advancements in the processing of both sugarcane and sugar beets. The findings of their chemical research projects are then shared with their affiliated organizations to further the industry's knowledge and progress. In summary, the Sugar Processing Research Institute Inc is committed to driving innovation and improvement in the sugar processing sector through rigorous research and dissemination of findings.
Who is the CEO of Sugar Processing Research Institute Inc?
Dr Charley Richard is the Director of Sugar Processing Research Institute Inc.
What is the revenue of Sugar Processing Research Institute Inc?
Sugar Processing Research Institute Inc's revenue in 2022 was $31,380.
Who are the executives of Sugar Processing Research Institute Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Sugar Processing Research Institute Inc?
Sugar Processing Research Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sugar Processing Research Institute Inc
The Sugar Processing Research Institute Inc, a dedicated organization, is committed to carrying out thorough research and analysis in the realm of sugarcane and sugarcane-derived products. Their primary objective is to delve into the intricacies of sugarcane and sugar beets, as well as their associated products, and disseminate their discoveries. The institute undertakes a variety of chemical research projects related to the processing of sugarcane and sugar beets, and subsequently shares these findings with their member organizations.
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Impact
August, 2024
The Sugar Processing Research Institute Inc's impact lies in its dedication to conducting essential chemical research projects related to the processing of sugar cane and sugar beets. By focusing on these critical areas, the Institute plays a pivotal role in advancing the knowledge and efficiency of sugar processing techniques. Through its research and analysis, the Institute contributes valuable insights to member organizations and the broader scientific community. This dedication to scientific inquiry helps enhance the sustainability and effectiveness of the sugar industry, benefiting not only the members but also the larger agricultural sector. Overall, the Sugar Processing Research Institute Inc's work fosters innovation and progress in the field of sugar processing, advancing the industry's capabilities and practices.
This information is meant to be a general summary of Sugar Processing Research Institute Inc. 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 2022.
- Program Service Revenue: $31,380
- Gross Receipts: $31,380
Assets and Liabilities:
- Total Assets: $71,268
- Total Liabilities: $31,565
- Net Assets: $39,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH PROJECT FUNDS
Revenue
$19,380
MEMBER DUES
Revenue
$12,000
Organization Details
Founding Year
1963
Phone
(504) 286-4343Principal Officer
Dr Charley Richard
Main Address
1100 ALLEN TROUSSAINT BLVD, NEW ORLEANS, LA, 70124
NTEE Category
Code: U50 - Science research
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