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Energetics Technology Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205601947 ✦ Indian head, MD ✦ Designated as a 501(c)(3)

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Overview

What is Energetics Technology Center Inc?

Energetics Technology Center Inc, located in Indian Head, Maryland, is a nonprofit organization primarily focused on scientific, educational, and charitable pursuits. Their main mission involves conducting research in the field of energetics, aiming to improve and expand the industry within the United States. To achieve this, they have developed plans and a tool to disseminate relevant information within the energetics community (02054). Their operations are headquartered at 4185 Indian Head Highway. The organization currently employs 39 individuals.


Official website here: www.etcmd.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Energetics Technology Center Inc has received an overall score of 81%, reflecting a solid performance in accountability and finance. This score is derived entirely from its Accountability & Finance metrics, highlighting the organization's commitment to transparency and responsible financial management. Key strengths include having a majority independent board, comprehensive financial audits, and no reported material diversion of assets.

The center excels in maintaining high program expense ratios, indicating that a significant portion of its funding is directed towards its mission-related activities. Additionally, it has implemented essential policies, such as conflict of interest and whistleblower protections, contributing to a well-governed organizational structure. These factors bolster confidence in the center's operations and its dedication to effective stewardship of resources.

However, the organization faces challenges reflected in its liabilities to assets ratio, which received no points. This may indicate potential financial vulnerabilities that could affect its long-term sustainability. While overall performance is commendable, attention to this aspect may enhance the center's fiscal health and operational resilience in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Energetics Technology Center Inc legitimate?

Energetics Technology Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energetics Technology Center 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: $1,158,736
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,442,766

For more financial information, click here


Official website here: www.etcmd.com

What is the mission statement of Energetics Technology Center Inc?

Energetics Technology Center Inc operates primarily with a focus on scientific, educational, charitable, or similar objectives. Its mission is centered around conducting research in the field of energetics, aiming to enhance awareness and understanding of this industry within the United States. The center also develops strategies to improve and expand the energetics sector. Furthermore, they have created a tool to disseminate energetics-related information within the energetics community.


Official website here: www.etcmd.com

Who is the CEO of Energetics Technology Center Inc?

Robert Kavetsky is the Secretary & Ceo of Energetics Technology Center Inc. The CEO's salary of Energetics Technology Center Inc is $308,293 and their total compensation is $319,024.


Official website here: www.etcmd.com

What is the revenue of Energetics Technology Center Inc?

Energetics Technology Center Inc's revenue in 2022 was $10,892,714.


Official website here: www.etcmd.com

Who are the executives of Energetics Technology Center Inc and what are their salaries?

The average compensation at Energetics Technology Center Inc during 2022 was $66,705. There are 39 employees at Energetics Technology Center Inc.


Here are 10 key members and their salaries (Energetics Technology Center Inc's CEO's salary is $308,293 and their total compensation is $319,024):


Millard Firebaugh (Chairman/Treasurer)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Ernest Mcduffie (Vice-Chair)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Robert Kavetsky (Secretary & Ceo)
  • Compensation: $308,293
  • Related: $0
  • Other: $10,731
James Chambers (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
David Fries (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Jill Smith (Board Member)
  • Compensation: $74,412
  • Related: $0
  • Other: $0
Matthew Martin (Cfo)
  • Compensation: $212,676
  • Related: $0
  • Other: $6,640
Matt Riordan (President)
  • Compensation: $236,311
  • Related: $0
  • Other: $11,816
Tommie J Lucius (Program Manager)
  • Compensation: $185,752
  • Related: $0
  • Other: $9,288
John Millemaci (Program Manager)
  • Compensation: $190,949
  • Related: $0
  • Other: $6,123


Official website here: www.etcmd.com

Where can I find the form 990 for Energetics Technology Center Inc?

Energetics Technology Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.etcmd.com

Learn more at the official website: www.etcmd.com

Mission Statement of Energetics Technology Center Inc

Energetics Technology Center Inc, operating primarily for scientific, educational, charitable, or similar purposes, is devoted to navigating the realm of energetics. Its mission involves studying the current state of the energetics industry within the United States and devising strategies to enhance and expand it. The organization also aims to create a tool that facilitates the distribution of energetics information within the energetics ecosystem. By doing so, Energetics Technology Center Inc seeks to contribute to the advancement and progression of the energetics field.

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Impact




October, 2024

Energetics Technology Center Inc plays a vital role in advancing the field of energetics through focused technical naval research and awareness initiatives. By studying the current state of the energetics industry in the United States, the organization identifies areas for improvement and expansion, fostering innovation and enhancing national security.

Its efforts in creating tools to disseminate crucial energetics information contribute to a more connected and informed ecosystem, enabling stakeholders to access valuable resources and insights. This collaborative approach not only supports scientific research and education but also enhances the capabilities of professionals in the energetics field, ultimately strengthening the U.S. defense infrastructure. Through its initiatives, Energetics Technology Center Inc significantly contributes to the growth and sustainability of the energetics sector, ensuring its relevance in an ever-evolving technological landscape.




This information is meant to be a general summary of Energetics Technology Center 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.

Revenue
$10,892,714 (2022)
Expenses
$10,759,101 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35
  • Gross Receipts: $10,892,714

Assets and Liabilities:

  • Total Assets: $2,708,091
  • Total Liabilities: $2,614,044
  • Net Assets: $94,047

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Organization Details

Founding Year

2005

Principal Officer

Robert Kavetsky

Main Address

4185 INDIAN HEAD HIGHWAY, INDIAN HEAD, MD, 206401750

NTEE Category

Code: U20 - Science research

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