Overview
What is Institute For Broadening Participation?
The Institute for Broadening Participation (IBP) is a nonprofit organization situated in Damariscotta, Maine. Their primary mission is to promote broad participation and increase diversity in the fields of Science, Technology, Engineering, and Mathematics (STEM). They achieve this by establishing alliances with institutions that support underrepresented minority students, women, and individuals with disabilities in completing advanced degrees in STEM. IBP offers various support programs, such as research funding, professional development, mentoring, and cultural and social activities, to facilitate this endeavor. The organization's commitment to diversity and inclusion in STEM education and research is evident in their work, which positively impacts a dedicated team of three individuals.
Official website here: www.ibparticipation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Institute for Broadening Participation has achieved a remarkable 97% rating, earning it a prestigious Four-Star designation. This score is a reflection of the nonprofit's strong commitment to accountability and finance, with all assessments coming from a single beacon focused on these aspects. The organization has demonstrated exemplary standards, including a 0.00% liabilities to assets ratio and a program expense ratio of 71.93%, indicating that a significant portion of their budget is directed towards their programs.
Strengths highlighted in the evaluation include the organization’s fully independent board, which consists entirely of independent members, and the presence of comprehensive governance policies, including conflict of interest and whistleblower policies. Additionally, the organization maintains proper documentation practices, such as board meeting minutes, which further enhances transparency and accountability.
While the rating reflects positively on the Institute for Broadening Participation's operational integrity and financial health, the review does not mention any specific areas for improvement. Overall, the organization appears to be effectively managing its resources and fulfilling its mission with a strong governance framework in place.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Broadening Participation legitimate?
Institute For Broadening Participation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Broadening Participation 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: $63,579
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,278
For more financial information, click here
Official website here: www.ibparticipation.org
What is the mission statement of Institute For Broadening Participation?
The Institute for Broadening Participation (IBP) strives to expand participation and enhance diversity in education and research within the fields of science, technology, engineering, and mathematics (STEM). Their mission is centered around this goal, aiming to create a more inclusive environment for underrepresented minority students, women, and students with disabilities. To achieve this, IBP establishes alliances with institutions that provide various support programs, such as research funding, professional development, mentoring, and cultural activities. These initiatives aim to assist these underrepresented groups in completing advanced degrees in STEM fields.
Official website here: www.ibparticipation.org
Who is the CEO of Institute For Broadening Participation?
David Siegfried is the Board Chair of Institute For Broadening Participation.
Official website here: www.ibparticipation.org
What is the revenue of Institute For Broadening Participation?
Institute For Broadening Participation's revenue in 2022 was $197,090.
Official website here: www.ibparticipation.org
Who are the executives of Institute For Broadening Participation and what are their salaries?
The average compensation at Institute For Broadening Participation during 2022 was $37,286. There are 3 employees at Institute For Broadening Participation.
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $63,579
- Related: $0
- Other: $0
Official website here: www.ibparticipation.org
Where can I find the form 990 for Institute For Broadening Participation?
Institute For Broadening Participation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ibparticipation.org
Learn more at the official website: www.ibparticipation.org
Mission Statement of Institute For Broadening Participation
The Institute for Broadening Participation, abbreviated as IBP, is committed to expanding participation and increasing diversity in the fields of science, technology, engineering, and mathematics (STEM). Their mission is to foster an inclusive environment in education and research, ensuring that underrepresented groups, including minority students, women, and individuals with disabilities, have equal opportunities to excel in these fields. To achieve this goal, IBP establishes alliances with institutions that provide a comprehensive range of support programs. These programs encompass research assistance, professional development, mentoring, and cultural and social activities, all designed to empower and guide students as they pursue advanced degrees in STEM.
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Impact
October, 2024
The Institute for Broadening Participation plays a crucial role in increasing diversity and fostering inclusion within the fields of science, technology, engineering, and mathematics (STEM). It specifically targets underrepresented minority students, women, and those with disabilities through its AGEP alliances, which comprise institutions committed to enhancing access to advanced degrees in STEM disciplines.
Through a range of supportive initiatives, the organization facilitates research opportunities, professional development, and mentoring for students. These programs not only assist in academic pursuits but also cultivate a sense of community and belonging through cultural and social activities. Ultimately, the Institute for Broadening Participation significantly contributes to the diversification of the STEM workforce, empowering a broader range of voices and perspectives in research and education.
This information is meant to be a general summary of Institute For Broadening Participation. 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: $4
- Gross Receipts: $197,090
Assets and Liabilities:
- Total Assets: $148,631
- Total Liabilities: $0
- Net Assets: $148,631
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Organization Details
Founding Year
2006
Phone
(207) 563-5929Principal Officer
David Siegfried
Main Address
PO BOX 607, DAMARISCOTTA, ME, 04543
Website
www.ibparticipation.orgNTEE Category
Code: U05 - Science research
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