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Saratoga Institute Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141664693 ✦ Schuylerville, NY ✦ Designated as a 501(c)(3)

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Overview

What is Saratoga Institute Inc?

Saratoga Institute Inc, located in Saratoga Springs, New York, is a nonprofit organization dedicated to promoting education and artistic growth. By providing gallery space for art exhibitions, they enable emerging artists to showcase and sell their work, with a portion of the proceeds supporting the organization. Additionally, they grant funds to individuals and organizations whose publications, research, or presentations offer educational products or services to the general public. This is achieved through various means, including written materials, community forums, workshops, conferences, and presentations. Proposals for these grants must be submitted to the Board of Directors.


Official website here: www.acase.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Saratoga Institute Inc has earned an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, which contributes positively to its governance, as evidenced by perfect scores in both majority independent board members and independent board size. Additionally, the absence of material diversion of assets and a high program expense ratio suggests that a significant portion of its resources is directed towards its programs.

Despite its strengths, the organization has notable limitations. It is lacking in key governance policies, specifically the whistleblower and document retention and destruction policies, which received zero points in the evaluation. These missing elements could pose potential risks in terms of transparency and accountability.

Overall, while Saratoga Institute Inc demonstrates strong financial practices and governance through its independent board and effective resource allocation, it must address its governance policy gaps to enhance its overall accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Saratoga Institute Inc legitimate?

Saratoga Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saratoga 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.acase.org

What is the mission statement of Saratoga Institute Inc?

Saratoga Institute Inc is dedicated to providing a diverse range of educational materials and experiences to the general public. This is achieved through written materials, community forums, workshops and conferences, and presentations. The organization awards grants to individuals and organizations whose publications, research, or presentations contribute to the provision of educational products or services for the public. Grant applicants are required to submit written proposals to the board of directors.


Official website here: www.acase.org

What is the revenue of Saratoga Institute Inc?

Saratoga Institute Inc's revenue in 2023 was $161,926.


Official website here: www.acase.org

Who are the executives of Saratoga Institute Inc and what are their salaries?

There 30 volunteers at Saratoga Institute Inc.

Here are 9 key members and their salaries:


Geoff Borneman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Glaser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Luhn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Nyles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roberts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Sager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Schwarz-Lawton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Torkelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acase.org

Where can I find the form 990 for Saratoga Institute Inc?

Saratoga Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.acase.org

Learn more at the official website: www.acase.org

Mission Statement of Saratoga Institute Inc

Saratoga Institute Inc is an organization dedicated to providing a vast array of educational resources to the general public. They achieve this through various mediums such as written materials, community forums, workshops, conferences, and presentations. The institution's mission is to award grants to individuals and organizations whose publications, research, or presentations contribute to the development of educational products or services for the public. To receive funding, applicants must submit a written proposal to the Board of Directors. Saratoga Institute Inc strives to disseminate knowledge and promote learning opportunities for the general public.

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Impact




October, 2024

Saratoga Institute Inc significantly enriches the local community by providing diverse educational materials and experiences. This includes written resources, community forums, workshops, and conferences that cater to the educational needs of the public. The organization plays a vital role in fostering knowledge and stimulating dialogue on various subjects.

In addition, Saratoga Institute supports emerging artists through its gallery space dedicated to art exhibitions. By enabling these artists to showcase and sell their work, the Institute not only promotes local talent but also contributes to the cultural landscape of Saratoga Springs. A portion of the proceeds from art sales is directed back to the organization, enabling it to continue funding its educational initiatives and grants.

Through its commitment to education, community engagement, and support for the arts, Saratoga Institute Inc has a transformative impact, enhancing the quality of life and facilitating growth within the community.




This information is meant to be a general summary of Saratoga 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.

Revenue
$161,926 (2023)
Expenses
$249,273 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $31
  • Program Service Revenue: $6,519
  • Gross Receipts: $161,926

Assets and Liabilities:

  • Total Assets: $163,430
  • Total Liabilities: $8,597
  • Net Assets: $154,833

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GALLERY

Revenue

$4,119

ACE

Revenue

$1,500

ACASE

Revenue

$900

Organization Details

Founding Year

1985

Principal Officer

David Roberts

NTEE Category

Code: S99Z - Community improvement

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