Overview
What is Src Inc?
Src Inc, situated at 7502 Round Pond Road in North Syracuse, New York (13212), is a scientific research and development company. With a workforce of approximately 1756 employees, Src Inc focuses on delivering innovative solutions to the U.S. government and selected markets. Their primary areas of expertise are defense, environment, and intelligence. Through advanced research and development, they aim to strengthen national security and contribute to scientific progress. Src Inc's mission involves investing all earnings back into technology, employees, and communities, underscoring their commitment to continuous growth and innovation.
Official website here: www.srcinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Src Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scored 96% overall, reflecting its excellent financial health and operational transparency. This high rating is primarily based on their robust accountability measures, confirming effective governance and prudent financial management practices.
One of the notable strengths of Src Inc is its governance structure, with 66% of its board members being independent. This independence supports objective decision-making and enhances the organization’s credibility. Furthermore, they have solid financial oversight, with no reported diversions of assets and a high program expense ratio of nearly 86%, ensuring that a substantial portion of their resources goes directly to their mission-driven programs.
While the organization demonstrates exceptional performance in its accountability and finance metrics, there's no information provided about the effectiveness of its programs or community impact. Nonetheless, the robust financial and operational practices outlined suggest that Src Inc is well-positioned to fulfill its mission responsibly and effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Src Inc legitimate?
Src Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Src 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: $7,963,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,041,786
For more financial information, click here
Official website here: www.srcinc.com
What is the mission statement of Src Inc?
Src Inc. is dedicated to delivering advanced solutions and products to ensure the safety and strength of America and its allies. They accomplish this through scientific research and development, as well as related services and manufacturing. Investing all earnings back into technology, employees, and communities is a key aspect of their mission. Src Inc. focuses on defense, environment, and intelligence sectors, providing innovative RD services to the U.S. Government and selected markets. Their commitment to science, technology, public involvement, leadership, and academic partnerships sets them apart in the industry.
Official website here: www.srcinc.com
Who is the CEO of Src Inc?
Gwendolyn Sykes is the President Ceo of Src Inc. The CEO's salary of Src Inc is $1,281,784 and their total compensation is $1,419,801.
Official website here: www.srcinc.com
What is the revenue of Src Inc?
Src Inc's revenue in 2022 was $287,793,652.
Official website here: www.srcinc.com
Who are the executives of Src Inc and what are their salaries?
The average compensation at Src Inc during 2022 was $66,062. There are 1756 employees at Src Inc.
Here are 31 key members and their salaries (Src Inc's CEO's salary is $1,281,784 and their total compensation is $1,419,801):
- Compensation: $1,281,784
- Related: $0
- Other: $138,017
- Compensation: $712,665
- Related: $0
- Other: $95,247
- Compensation: $723,841
- Related: $0
- Other: $76,003
- Compensation: $595,086
- Related: $0
- Other: $75,299
- Compensation: $603,251
- Related: $0
- Other: $33,440
- Compensation: $616,405
- Related: $0
- Other: $15,208
- Compensation: $520,610
- Related: $0
- Other: $71,595
- Compensation: $494,528
- Related: $0
- Other: $7,808
- Compensation: $0
- Related: $419,786
- Other: $62,038
- Compensation: $418,902
- Related: $0
- Other: $53,398
- Compensation: $400,597
- Related: $0
- Other: $52,997
- Compensation: $362,192
- Related: $0
- Other: $63,837
- Compensation: $364,247
- Related: $0
- Other: $13,933
- Compensation: $327,587
- Related: $0
- Other: $49,971
- Compensation: $326,995
- Related: $0
- Other: $49,667
- Compensation: $335,348
- Related: $0
- Other: $37,784
- Compensation: $322,026
- Related: $0
- Other: $37,233
- Compensation: $315,930
- Related: $0
- Other: $40,074
- Compensation: $305,848
- Related: $0
- Other: $41,969
- Compensation: $289,425
- Related: $0
- Other: $32,003
- Compensation: $276,504
- Related: $0
- Other: $27,948
- Compensation: $260,995
- Related: $0
- Other: $43,124
- Compensation: $218,333
- Related: $0
- Other: $0
- Compensation: $199,583
- Related: $0
- Other: $0
- Compensation: $178,750
- Related: $12,000
- Other: $0
- Compensation: $178,750
- Related: $0
- Other: $0
- Compensation: $178,750
- Related: $0
- Other: $0
- Compensation: $178,750
- Related: $0
- Other: $0
- Compensation: $178,333
- Related: $0
- Other: $0
- Compensation: $138,750
- Related: $0
- Other: $0
- Compensation: $106,667
- Related: $0
- Other: $0
Official website here: www.srcinc.com
Where can I find the form 990 for Src Inc?
Src Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.srcinc.com
Learn more at the official website: www.srcinc.com
Mission Statement of Src Inc
SRC Inc., a Scientific Research and Development company, is committed to delivering advanced solutions and products to the U.S. Government and select markets. By leveraging science, technology, public involvement, leadership, and academic partnerships, this organization aims to ensure the safety and strength of America and its allies.
SRC Inc.'s mission lies in providing innovative defense solutions and products. They invest all their earnings into technology, employees, and communities, with the ultimate goal of safeguarding the nation and its allies. The company's primary focus areas include Defense, Environment, and Intelligence. Through their R&D services in these sectors, they contribute significantly to the advancement of scientific knowledge and the development of cutting-edge technology.
SRC Inc.'s dedication to research and innovation sets it apart in the industry. Its team of experts collaborates closely with the U.S. Government and academic institutions to address complex challenges and create groundbreaking solutions. By staying at the forefront of scientific advancements, SRC Inc. is able to provide its clients with the most advanced technology and services, enabling them to tackle critical issues in defense, environmental, and intelligence sectors.
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Impact
October, 2024
SRC Inc significantly impacts national security and societal advancement through its innovative research and development solutions. By focusing on areas such as defense, environment, and intelligence, the organization provides critical technological advancements that bolster the capabilities of the U.S. Government. Their efforts not only enhance the safety and security of America and its allies but also drive economic growth in the local community of North Syracuse, NY.
The company’s commitment to research and development ensures the creation of cutting-edge products and services that address complex challenges facing the nation. By fostering partnerships with academia and public entities, SRC Inc enhances knowledge transfer and ensures that scientific advancements are effectively translated into practical applications.
Furthermore, SRC Inc invests its revenue back into technology and workforce development, empowering employees and enhancing local economies. This cycle of investment contributes to sustained innovation and helps retain a skilled workforce, further amplifying the company’s impact within the region and across various sectors reliant on advanced scientific solutions.
This information is meant to be a general summary of Src 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.
- Investment Income: $7,779,342
- Program Service Revenue: $278,829,843
- Gross Receipts: $287,793,652
Assets and Liabilities:
- Total Assets: $358,515,578
- Total Liabilities: $106,630,337
- Net Assets: $251,885,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Defense Systems Solutions
Revenue
$148,107,213
Electronic Warfare Services
Revenue
$130,722,630
Organization Details
Founding Year
1957
Phone
(315) 452-8000Principal Officer
Gwendolyn Sykes
Main Address
7502 Round Pond Road, North Syracuse, NY, 13212
Website
www.srcinc.comNTEE Category
Code: Z99 - Unknown
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