Overview
What is The Electromagnetics Academy Inc?
The Electromagnetics Academy Inc, situated in Lexington, Massachusetts, is a dedicated nonprofit organization. Its primary mission is to foster academic excellence and advance research related to electromagnetics. The Academy achieves this goal by organizing an annual seminar, titled the Progress in Electromagnetics Research Symposium (PIERS), which serves as a platform for discussing current topics in the field of electromagnetics. By promoting educational objectives and relevant applications of electromagnetic theory, The Electromagnetics Academy Inc contributes to the expansion of knowledge in this field.
Official website here: www.piers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating
The Electromagnetics Academy Inc has received a low rating of 36% from Charity Navigator, which translates to a Zero-Star rating. This score is primarily based on their accountability and financial practices, highlighting significant areas of concern. While the organization demonstrates strong governance with a fully independent board and no material diversion of assets, it falls short in several key policies and financial metrics.
The charity has notably missing conflict of interest, whistleblower, and document retention policies, which are crucial for maintaining transparency and trust. Furthermore, their financial health is questioned, evidenced by a liabilities-to-assets ratio of 156.57% and a program expense ratio of only 8.85%. These figures suggest that the organization may be struggling to allocate resources effectively towards their stated programs.
While some aspects of governance appear sound, the overall performance indicates substantial room for improvement, particularly in policy implementation and financial management. Without addressing these issues, The Electromagnetics Academy Inc may face challenges in gaining donor confidence and sustaining its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Electromagnetics Academy Inc legitimate?
The Electromagnetics Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Electromagnetics Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.piers.org
What is the mission statement of The Electromagnetics Academy Inc?
The Electromagnetics Academy Inc is committed to academic excellence and the advancement of research in the field of electromagnetics. Their mission is to promote the educational objectives of the electromagnetics profession and foster relevant applications of electromagnetic theory. To achieve this, they organize an annual seminar, known as the Progress in Electromagnetics Research Symposium (PIERS), serving as a platform for discussions on current topics related to electromagnetics.
Official website here: www.piers.org
What is the revenue of The Electromagnetics Academy Inc?
The Electromagnetics Academy Inc's revenue in 2021 was $0.
Official website here: www.piers.org
Who are the executives of The Electromagnetics Academy Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.piers.org
Where can I find the form 990 for The Electromagnetics Academy Inc?
The Electromagnetics Academy Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.piers.org
Learn more at the official website: www.piers.org
Mission Statement of The Electromagnetics Academy Inc
The Electromagnetics Academy Inc is committed to promoting academic excellence and advancing research in the field of electromagnetics. This nonprofit organization strives to enhance understanding and apply the electromagnetic theory in a relevant manner. The Electromagnetics Academy Inc is dedicated to achieving educational objectives within the electromagnetics profession. To achieve these goals, the organization hosts an annual seminar called the Progress in Electromagnetics Research Symposium (PIERS). This forum serves as a platform for discussing current topics related to electromagnetics, fostering collaboration, and sharing insights within the field.
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Impact
October, 2024
The Electromagnetics Academy Inc significantly enhances knowledge and fosters academic excellence in the field of electromagnetics. Through its annual seminar, the Progress in Electromagnetics Research Symposium (PIERS), it provides a vital forum for current discussions and advancements related to electromagnetics. This event brings together researchers, educators, and professionals, facilitating the exchange of innovative ideas and cutting-edge research. By focusing on the advancement of research and relevant applications of electromagnetic theory, the academy plays a crucial role in promoting educational objectives within the electromagnetics profession. Its impact is felt in the increased understanding and application of electromagnetics, which is essential for the development of technologies across various sectors.
This information is meant to be a general summary of The Electromagnetics Academy 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 2021.
Assets and Liabilities:
- Total Assets: $933,230
- Total Liabilities: $1,461,184
- Net Assets: -$527,954
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Organization Details
Founding Year
1989
Principal Officer
Prof Leung Tsang
Website
www.piers.orgNTEE Category
Code: B50 - Education
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