Overview
What is Textile Research Institute?
The Textile Research Institute, situated in Princeton, New Jersey, is a distinguished nonprofit organization dedicated to the advancement of scientific knowledge in the fields of fibrous and polymetric materials, human hair, textiles, and film. By specializing in a blend of fundamental and applied science, the Institute is recognized as a pioneer in the personal care industry. Through its research projects, the Institute enhances its technical capabilities, supporting various clients with its expertise. The Textile Research Institute has a team of 29 dedicated professionals, contributing to industry innovations, setting new standards, and elevating the scientific bar within its field, all while adhering to industry regulations and formats for product development and launches.
Official website here: www.triprinceton.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Textile Research Institute has achieved an impressive Four-Star rating from Charity Navigator, signifying a strong emphasis on accountability and financial health. The high score is entirely based on their accountability and finance practices, indicating a commitment to transparency and responsible management of resources.
Key strengths of the organization include an independent board consisting of 86% independent members and robust financial oversight, with no material diversion of assets reported. Their financial ratios, such as a low liabilities to assets ratio of 35.84% and a high program expense ratio of 86.94%, suggest effective allocation of funds towards their mission.
While the rating reflects the organization's solid governance and financial practices, no specific programmatic achievements or community impact measures are highlighted in the data. This focus on financial metrics, rather than outcomes, may limit a fuller understanding of the Institute's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Textile Research Institute legitimate?
Textile Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Textile Research Institute 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: $457,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,188,100
For more financial information, click here
Official website here: www.triprinceton.org
What is the mission statement of Textile Research Institute?
The Textile Research Institute's mission is centered around promoting the advancement of scientific knowledge. Specifically, this involves fibrous and polymetric materials, human hair, textiles, and film. Through research projects, the institute leverages its scientific expertise to support its clients with technical services. The institute is renowned for its leadership in the personal care industry, having introduced innovative methods and techniques. It sets new industry standards and raises the scientific bar, contributing to maintaining regulatory standards and formats for product development and launches.
Official website here: www.triprinceton.org
Who is the CEO of Textile Research Institute?
David Graham is the President - Trustee of Textile Research Institute.
Official website here: www.triprinceton.org
What is the revenue of Textile Research Institute?
Textile Research Institute's revenue in 2022 was $5,938,854.
Official website here: www.triprinceton.org
Who are the executives of Textile Research Institute and what are their salaries?
The average compensation at Textile Research Institute during 2022 was $91,213. There are 29 employees and 13 volunteers at Textile Research Institute.
Here are 20 key members and their salaries:
- Compensation: $236,697
- Related: $0
- Other: $9,447
- Compensation: $175,907
- Related: $0
- Other: $35,023
- Compensation: $192,954
- Related: $0
- Other: $16,696
- Compensation: $178,837
- Related: $0
- Other: $28,492
- Compensation: $156,316
- Related: $0
- Other: $13,059
- Compensation: $112,870
- Related: $0
- Other: $28,908
- Compensation: $107,764
- Related: $0
- Other: $32,289
- Compensation: $0
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- Other: $0
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Official website here: www.triprinceton.org
Where can I find the form 990 for Textile Research Institute?
Textile Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.triprinceton.org
Learn more at the official website: www.triprinceton.org
Mission Statement of Textile Research Institute
The Textile Research Institute, abbreviated as TRI, is committed to fostering the progression of scientific knowledge in the domains of fibrous and polymetric materials, human hair, textiles, and film. Their mission, as stated, is to "promote the advancement of scientific knowledge in the fibrous and polymetric materials, human hair, textiles, and film" (see Schedule O for more information).
At the heart of TRI's operations is its research projects. By leveraging this research, TRI honors its commitment to its clients through its technical services. The institute specializes in a mix of fundamental and applied science, thereby positioning itself as a recognized leader in the personal care industry. TRI has pioneered innovative methods and techniques in this field, setting new industry standards and raising the scientific bar within the industry. This dedication to scientific excellence aids in maintaining industry regulations and formats for product development and launches.
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Impact
October, 2024
The Textile Research Institute significantly impacts the fields of fibrous and polymetric materials, human hair, textiles, and film through its dedicated research projects. By emphasizing the integration of fundamental and applied science, TRI enhances its expertise and provides invaluable technical services to a diverse range of clients, particularly in the personal care industry.
Through innovative research, TRI has pioneered new methods and techniques, setting new industry standards and pushing the boundaries of scientific knowledge. This commitment not only drives growth and innovation but also raises the scientific bar within the industry, ensuring compliance with regulations and promoting effective product development and launches. By serving as a recognized leader, the Institute fosters advancements that benefit both industry stakeholders and consumers alike.
This information is meant to be a general summary of Textile Research Institute. 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: -$51,104
- Program Service Revenue: $5,928,247
- Gross Receipts: $6,642,952
Assets and Liabilities:
- Total Assets: $5,791,295
- Total Liabilities: $2,075,947
- Net Assets: $3,715,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT RESEARCH SUPPORT
Revenue
$5,433,127
MEMBERSHIP SUPPORT
Revenue
$328,260
PROFESSIONAL EDUCATION SUPPORT
Revenue
$116,860
CORE TECHNOLOGY SUPPORT
Revenue
$50,000
Organization Details
Founding Year
1951
Phone
(609) 430-4800Principal Officer
David Graham
Main Address
601 Prospect Avenue, Princeton, NJ, 08540
Website
www.triprinceton.orgNTEE Category
Code: U30Z - Science research
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