Overview
What is Apga Research Foundation?
The Apga Research Foundation is a not-for-profit organization, specifically designed to serve as a collection and allocation platform for voluntary donations from public gas systems. Based in Washington, D.C., this foundation's primary mission is to support natural gas research and development, which is crucial for the benefit of public gas customers. The foundation identifies and prioritizes significant research projects that are vital to contributing public gas systems, ensuring that the deliverables of these projects are met and tracked. In essence, the Apga Research Foundation acts as a bank for voluntary contributions dedicated to advancing natural gas research and development within the public gas sector.
Official website here: www.apgarf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Apga Research Foundation has achieved a strong score of 81%, reflecting solid accountability and financial management practices. The entire rating is derived from their Accountability & Finance beacon, showcasing their commitment to transparency and effective governance. The foundation has a fully independent board, with 100% of its members meeting independence criteria, which boosts their credibility among donors.
The organization demonstrates significant financial health, with an impressive program expense ratio of 94.52%, indicating that the vast majority of their funds are directed towards their programs. Additionally, they have no reported material diversion of assets, and their liabilities to assets ratio stands at a low 0.39%, providing further assurance of their fiscal responsibility.
While the foundation shows strengths in governance and financial metrics, the reported salaries of key personnel may raise questions about compensation practices within the organization. However, overall, the Apga Research Foundation appears to be a well-managed nonprofit with a strong emphasis on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Apga Research Foundation legitimate?
Apga Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apga Research Foundation 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.apgarf.org
What is the mission statement of Apga Research Foundation?
The Apga Research Foundation serves as a not-for-profit entity, primarily functioning as a repository for voluntary contributions directed towards natural gas research and development (R&D) within public gas systems. This organization facilitates the collection and allocation of funds from public gas systems, enabling them to invest in projects that align with their customers' interests. The foundation identifies and prioritizes relevant R&D projects, ensuring that the deliverables of these projects are monitored and met. The Apga Research Foundation's mission is to support the advancement of natural gas research, thereby benefiting both the public gas systems and their customers.
Official website here: www.apgarf.org
Who is the CEO of Apga Research Foundation?
David Schyrver is the Chair of Apga Research Foundation. The CEO's salary of Apga Research Foundation is $0 and their total compensation is $414,242.
Official website here: www.apgarf.org
What is the revenue of Apga Research Foundation?
Apga Research Foundation's revenue in 2022 was $1,167,743.
Official website here: www.apgarf.org
Who are the executives of Apga Research Foundation and what are their salaries?
There 31 volunteers at Apga Research Foundation.
Here are 29 key members and their salaries (Apga Research Foundation's CEO's salary is $0 and their total compensation is $414,242):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $369,289
- Other: $44,953
- Compensation: $0
- Related: $137,800
- Other: $30,906
- Compensation: $0
- Related: $126,899
- Other: $25,723
- Compensation: $0
- Related: $135,051
- Other: $26,841
- Compensation: $0
- Related: $222,336
- Other: $36,499
Official website here: www.apgarf.org
Where can I find the form 990 for Apga Research Foundation?
Apga Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apgarf.org
Learn more at the official website: www.apgarf.org
Mission Statement of Apga Research Foundation
The Apga Research Foundation, as a not-for-profit corporation, serves as a platform for public gas systems to contribute voluntary funds towards natural gas research and development (R&D). Acting as a 'bank' for these contributions, the foundation allows public gas systems to collect and distribute funds to projects that are significant to their customers. The Apga Research Foundation identifies and prioritizes research projects that are crucial to contributing public gas systems. It ensures that the deliverables of these projects are tracked and met, thereby ensuring the effective allocation of funds for R&D. In essence, the Apga Research Foundation aims to facilitate collaboration and investment in natural gas research, ultimately benefiting the public gas customers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Apga Research Foundation significantly impacts public gas systems by acting as a centralized organization for the collection and allocation of voluntary contributions dedicated to natural gas research and development. By serving as a financial "bank" for these systems, it empowers them to pool resources for R&D efforts that directly benefit their customers.
The foundation identifies and prioritizes research projects that are critical to the interests of contributing public gas systems, ensuring that the research aligns with their specific needs. This strategic focus not only enhances the efficiency and effectiveness of natural gas delivery and utilization but also fosters innovation within the sector. By tracking and ensuring that project deliverables are met, the Apga Research Foundation plays a crucial role in advancing the safety, reliability, and sustainability of natural gas services, ultimately benefiting public gas customers across the nation.
This information is meant to be a general summary of Apga Research Foundation. 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: $2,192
- Gross Receipts: $1,167,743
Assets and Liabilities:
- Total Assets: $1,162,395
- Total Liabilities: $4,598
- Net Assets: $1,157,797
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(202) 464-2742Principal Officer
David Schyrver
Main Address
201 MASSACHUSETTS AVENUE NE C-4, WASHINGTON, DC, 200024988
Website
www.apgarf.orgNTEE Category
Code: Y05 - Mutual benefit
If you are a representative of Apga Research Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.