Overview
What is Idaho Business For Education Inc?
Idaho Business for Education Inc, based in Boise, Idaho, is a dedicated nonprofit organization with a mission to ensure 60% of Idaho's 25-34-year-olds attain a post-secondary degree or professional certification by 2025. To achieve this goal, the organization promotes an efficient, accountable, responsive, innovative, and high-performing state education system that caters to the current and future needs of businesses and the economy. By doing so, Idaho Business for Education Inc aims to equip students with a high-quality education, ensuring a well-educated workforce that can meet the demands of the economy. The organization has a team of 12 individuals committed to this mission.
Official website here: www.idahobe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Idaho Business For Education Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The organization boasts a strong independent board, with 100% of its members being independent. It also maintains a commendable program expense ratio of 98.65%, suggesting that most of its funding is directed toward its programs.
However, the organization does have some notable weaknesses. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about internal governance and risk management practices. While the organization demonstrates solid financial practices, these policy gaps may affect overall transparency and accountability.
Overall, while Idaho Business For Education Inc shows strengths in its financial management and governance structure, improvements are needed in its internal policies to enhance its accountability and ensure robust operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Idaho Business For Education Inc legitimate?
Idaho Business For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Business For Education 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: $154,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $647,836
For more financial information, click here
Official website here: www.idahobe.org
What is the mission statement of Idaho Business For Education Inc?
Idaho Business For Education Inc's mission is centered around promoting a state education system that equips its students with a high-quality education. This education is designed to produce a well-educated workforce that meets the needs of businesses and the economy. The organization's goal is to have 60% of Idaho's population aged 25-34 hold a post-secondary degree or professional certification. To achieve this, IBE employs efficient, accountable, responsive, innovative, and high-performing processes to anticipate and serve the current and future needs of the economy.
Official website here: www.idahobe.org
Who is the CEO of Idaho Business For Education Inc?
Rodney Gramer is the President An of Idaho Business For Education Inc.
Official website here: www.idahobe.org
What is the revenue of Idaho Business For Education Inc?
Idaho Business For Education Inc's revenue in 2022 was $1,087,133.
Official website here: www.idahobe.org
Who are the executives of Idaho Business For Education Inc and what are their salaries?
The average compensation at Idaho Business For Education Inc during 2022 was $66,882. There are 12 employees and 560 volunteers at Idaho Business For Education Inc.
Here are 31 key members and their salaries:
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Official website here: www.idahobe.org
Where can I find the form 990 for Idaho Business For Education Inc?
Idaho Business For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.idahobe.org
Learn more at the official website: www.idahobe.org
Mission Statement of Idaho Business For Education Inc
Idaho Business For Education Inc, as a nonprofit organization, is committed to a mission aimed at significantly enhancing the educational landscape in Idaho. Their primary goal is to ensure that 60% of Idaho's population aged between 25 and 34 years old possess a post-secondary degree or professional certification. This objective is in line with their belief in the importance of a well-educated workforce that can meet the current and future needs of businesses and the economy.
To achieve this, Idaho Business For Education Inc works tirelessly to promote an efficient, accountable, responsive, innovative, and high-performing education system within the state. By doing so, they aim to equip students with a high-quality education that can prepare them to contribute positively to the economy. Their vision is to establish a state education system that can anticipate and serve the evolving needs of the economy, ultimately ensuring Idaho's competitiveness in the global market.
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Impact
October, 2024
Idaho Business For Education Inc (IBE) has a significant impact on the educational landscape and workforce development in Idaho. With a mission to achieve 60% of Idaho's 25-34 year-olds possessing some form of post-secondary degree or professional certification by 2025, IBE is dedicated to cultivating a well-educated and skilled workforce that aligns with the evolving needs of the economy.
By advocating for a high-quality state education system, IBE ensures that students receive the necessary resources and support to thrive academically and professionally. Their efforts not only focus on meeting current economic needs but also anticipate future demands, fostering an environment where education is responsive to changes in various industries.
Through its initiatives, IBE promotes efficient, accountable, and innovative educational processes that empower students and strengthen the connection between education and the labor market. This alignment is essential for ensuring that businesses in Idaho have access to a capable workforce, which in turn drives economic growth and development across the state. Overall, IBE plays a crucial role in shaping a bright future for Idaho's youth, businesses, and economy.
This information is meant to be a general summary of Idaho Business For Education 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: $936
- Gross Receipts: $1,087,133
Assets and Liabilities:
- Total Assets: $371,404
- Total Liabilities: $13,977
- Net Assets: $357,427
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Organization Details
Founding Year
2005
Phone
(208) 286-1872Principal Officer
Rodney Gramer
Main Address
PO BOX 1681, BOISE, ID, 83701
Website
www.idahobe.orgNTEE Category
Code: O53 - Youth development
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