Overview
What is Kentucky Dataseam Initiative Inc?
Kentucky Dataseam Initiative Inc is a nonprofit organization based in Louisville, Kentucky, with a mission to drive economic development within the state. They manage one of the most powerful cloud-based high-performance computing environments globally, primarily benefiting K-12 education, university research, and workforce and economic development for high technology industries in Kentucky. In addition, Dataseam has established a US Department of Labor-approved registered apprenticeship in information technology. This two-year training program, governed by the Kentucky Education and Labor Cabinet, combines coursework, on-the-job training, and mentoring as part of paid employment. Apprentices work for their district IT departments, receiving hands-on instruction that contextualizes their coursework. Upon completing the three-phase program, successful candidates earn an Information Technology Support Specialist certificate from the USDOL. The organization employs a team of four individuals.
Official website here: www.kydataseam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Kentucky Dataseam Initiative Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in its accountability and financial practices. An overall score of 81% highlights the organization’s transparency and responsible management of funds, with a perfect score in several key areas such as board independence and the absence of asset diversion.
Strengths of the organization include an entirely independent board, robust conflict of interest and whistleblower policies, and a high program expense ratio of 87.69%. This suggests that a significant portion of its resources is directed toward its mission-related activities, reflecting a commitment to effective program delivery.
However, while the accountability metrics are commendable, the rating is solely based on financial indicators, which may not capture the full scope of the organization’s impact or effectiveness in fulfilling its mission. Overall, the Kentucky Dataseam Initiative appears to be a well-managed nonprofit with a solid reputation for financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Dataseam Initiative Inc legitimate?
Kentucky Dataseam Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Dataseam Initiative 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: $291,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,500
For more financial information, click here
Official website here: www.kydataseam.org
What is the mission statement of Kentucky Dataseam Initiative Inc?
The Kentucky Dataseam Initiative Inc. is dedicated to fostering economic growth in Kentucky. They achieve this by managing one of the most powerful cloud-based high-performance computing environments globally, primarily benefiting K-12 education, university research, and the workforce development of high-technology industries in the state. Furthermore, the organization has established a US Department of Labor-approved registered apprenticeship in information technology. This two-year competency-based training program, overseen by the Kentucky Education and Labor Cabinet, incorporates coursework, on-the-job training, and mentoring as part of paid employment. Upon completion, candidates demonstrating the necessary skills and competencies receive an Information Technology Support Specialist certificate from the USDOL DOL.
Official website here: www.kydataseam.org
Who is the CEO of Kentucky Dataseam Initiative Inc?
Michael Brian Gupton is the Ceo of Kentucky Dataseam Initiative Inc. The CEO's salary of Kentucky Dataseam Initiative Inc is $165,500 and their total compensation is $190,325.
Official website here: www.kydataseam.org
What is the revenue of Kentucky Dataseam Initiative Inc?
Kentucky Dataseam Initiative Inc's revenue in 2022 was $1,828,749.
Official website here: www.kydataseam.org
Who are the executives of Kentucky Dataseam Initiative Inc and what are their salaries?
The average compensation at Kentucky Dataseam Initiative Inc during 2022 was $118,050. There are 4 employees and 3 volunteers at Kentucky Dataseam Initiative Inc.
Here are 5 key members and their salaries (Kentucky Dataseam Initiative Inc's CEO's salary is $165,500 and their total compensation is $190,325):
- Compensation: $165,500
- Related: $0
- Other: $24,825
- Compensation: $126,200
- Related: $0
- Other: $20,106
- Compensation: $115,500
- Related: $0
- Other: $17,325
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kydataseam.org
Where can I find the form 990 for Kentucky Dataseam Initiative Inc?
Kentucky Dataseam Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kydataseam.org
Learn more at the official website: www.kydataseam.org
Mission Statement of Kentucky Dataseam Initiative Inc
Kentucky Dataseam Initiative Inc plays a pivotal role in driving economic development within the state. Their mission is accomplished through the management of a potent cloud-based high-performance computing environment. This powerful tool is utilized to benefit various sectors, including K-12 education, university research, and high-technology industries, fostering growth in Kentucky.
The organization's primary objective is to leverage this cutting-edge technology to uplift education and stimulate economic development. This is achieved by providing a platform that supports research, workforce training, and the growth of high-technology industries. By doing so, Kentucky Dataseam Initiative Inc contributes to Kentucky's overall economic progress.
In addition to this, the nonprofit also offers a Registered Apprenticeship program in Information Technology, approved by the United States Department of Labor. This 2-year program combines classroom instruction, on-the-job training, and mentoring, all while providing paid employment for the apprentices. The apprenticeship candidates work for their local district IT departments, gaining hands-on experience that complements their coursework. Upon completion of the 3-phase program, the apprentices who demonstrate the necessary skills and competencies are awarded an Information Technology Support Specialist Certificate from the USDOL DOL. This innovative approach not only equips individuals with valuable skills but also helps to fill the demand for IT professionals in the workforce.
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Impact
August, 2024
Kentucky Dataseam Initiative Inc, through its aggressive drive for economic development in Kentucky, has made a significant impact by offering a US Department of Labor-approved registered apprenticeship program in information technology. This 2-year competency-based training initiative integrates coursework, on-the-job training, and mentoring as part of paid employment. Apprentices work within their local district IT departments, gaining hands-on experience that complements their academic learning. Upon successful completion of the program, apprentices earn a valuable Information Technology Support Specialist certificate from the USDOL. Furthermore, Dataseam's management of a powerful cloud-based high-performance computing environment greatly benefits K-12 education, university research, and workforce and economic development in high technology industries in Kentucky.
This information is meant to be a general summary of Kentucky Dataseam Initiative 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: $21,142
- Program Service Revenue: $169,000
- Gross Receipts: $1,828,749
Assets and Liabilities:
- Total Assets: $1,510,302
- Total Liabilities: $0
- Net Assets: $1,510,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEE
Revenue
$169,000
Organization Details
Founding Year
2004
Phone
(502) 419-9051Principal Officer
Michael Brian Gupton
Main Address
PO BOX 406818, LOUISVILLE, KY, 40204
Website
www.kydataseam.orgNTEE Category
Code: U99 - Science research
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