Overview
What is Center For Powder Metallurgy Technology Inc?
The Center for Powder Metallurgy Technology Inc., situated in Princeton, New Jersey, serves as a nonprofit organization dedicated to the advancement of powder metallurgy. The primary mission of this organization is to foster research and development in the field of powder metallurgy. By promoting these initiatives, they aim to contribute significantly to the industry and related fields. The organization's location at 105 College Road East, Princeton, NJ, 08540, reflects its commitment to serving the local community and beyond.
Official website here: www.cpmtweb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Center For Powder Metallurgy Technology Inc has received a One-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization demonstrates strong governance with 92% of its board members being independent and maintains clear policies for conflicts of interest and whistleblowing, its financial ratios raise concerns. The material diversion of assets is reported as none, which is a positive aspect.
However, significant issues were noted in the program expenses and liabilities. The program expense ratio stands at only 49.15%, suggesting that less than half of the organization's expenses are directed toward its programming. Additionally, the liabilities to assets ratio of 6.09% indicates potential financial risk, which may affect the organization's sustainability and its ability to effectively serve its mission.
In summary, while the Center For Powder Metallurgy Technology Inc scores well in governance and accountability, its financial metrics are concerning. Potential donors and supporters may want to consider these factors when evaluating the organization's overall effectiveness and operational health.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Powder Metallurgy Technology Inc legitimate?
Center For Powder Metallurgy Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Powder Metallurgy Technology 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:
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For more financial information, click here
Official website here: www.cpmtweb.org
What is the mission statement of Center For Powder Metallurgy Technology Inc?
The Center for Powder Metallurgy Technology Inc is dedicated to promoting the advancement of powder metallurgy and related research. Their mission is to facilitate and encourage research programs in this field, aiming to contribute to its growth and development. By engaging in these research activities, they seek to expand the knowledge and applications of powder metallurgy, potentially leading to innovative solutions and improvements in various industries.
Official website here: www.cpmtweb.org
Who is the CEO of Center For Powder Metallurgy Technology Inc?
James Adams is the Secretary/Treasurer of Center For Powder Metallurgy Technology Inc.
Official website here: www.cpmtweb.org
What is the revenue of Center For Powder Metallurgy Technology Inc?
Center For Powder Metallurgy Technology Inc's revenue in 2022 was $128,342.
Official website here: www.cpmtweb.org
Who are the executives of Center For Powder Metallurgy Technology Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.cpmtweb.org
Where can I find the form 990 for Center For Powder Metallurgy Technology Inc?
Center For Powder Metallurgy Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cpmtweb.org
Learn more at the official website: www.cpmtweb.org
Mission Statement of Center For Powder Metallurgy Technology Inc
The Center for Powder Metallurgy Technology Inc is dedicated to advancing the field of powder metallurgy and associated research. Their mission is centered around promoting the development and progression of this specialized discipline. This nonprofit organization focuses on conducting research programs to further the understanding and application of powder metallurgy. By doing so, they aim to contribute to the overall advancement of this field, potentially leading to innovative solutions and technologies in various industries.
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Impact
October, 2024
Center For Powder Metallurgy Technology Inc plays a pivotal role in advancing the field of powder metallurgy and related research. By supporting research programs, it fosters innovation and development within the industry, contributing to improved materials and processes. Its initiatives aim to enhance the understanding and application of powder metallurgy, promoting collaboration among researchers, professionals, and manufacturers. This impacts various sectors by driving efficiency, sustainability, and technological advancement in material science, thus reinforcing the importance of powder metallurgy in modern manufacturing and engineering. Located in Princeton, NJ, the center serves as a hub for knowledge sharing and the advancement of scientific inquiry in this specialized area.
This information is meant to be a general summary of Center For Powder Metallurgy Technology 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: $39,356
- Program Service Revenue: $32,736
- Gross Receipts: $589,603
Assets and Liabilities:
- Total Assets: $1,665,414
- Total Liabilities: $101,437
- Net Assets: $1,563,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEND FATIGUE
Revenue
$12,486
MUNRO TOUR
Revenue
$20,250
Organization Details
Founding Year
1980
Phone
(609) 452-7700Principal Officer
James Adams
Main Address
105 COLLEGE RD E, PRINCETON, NJ, 08540
Website
www.cpmtweb.orgNTEE Category
Code: U33Z - Science research
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