Overview
What is Nfpa Education & Technology Foundation?
The Nfpa Education & Technology Foundation, located at 6737 W WASHINGTON STREET 2350, Milwaukee, Wisconsin, is a nonprofit organization with a primary focus on education and research related to fluid power. Specifically, they aim to foster interest in hydraulics and pneumatics among undergraduate mechanical engineering students by developing and disseminating curriculum. Through their outreach and educational programs, the foundation actively engages students in these fields, contributing to the advancement of knowledge in the sector. Their mission is rooted in charitable, educational, and scientific pursuits, with a specific focus on supporting educational programs and research in fluid power.
Official website here: www.nfpafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Nfpa Education & Technology Foundation has achieved a high rating of 96%, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, which is a positive indicator of transparency and governance. Additionally, its financial health is impressive, highlighted by a low liabilities to assets ratio of 2.66%, indicating efficient management of resources.
With a program expense ratio of 86.09%, the foundation demonstrates a commitment to directing a significant portion of its funds towards its programs, which is essential for nonprofits focused on impactful service delivery. The presence of comprehensive policies related to conflict of interest, whistleblower protections, and document retention further underscores its commitment to ethical practices.
Overall, the high scores in various accountability measures position the Nfpa Education & Technology Foundation as a trustworthy nonprofit. However, while there are no noted limitations in the assessment, continuous monitoring of performance and impact would be beneficial for maintaining this high standard.
This AI summary has been generated from information found on Charity Navigator.
Is Nfpa Education & Technology Foundation legitimate?
Nfpa Education & Technology Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nfpa Education & Technology Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nfpafoundation.org
What is the mission statement of Nfpa Education & Technology Foundation?
The Nfpa Education & Technology Foundation is committed to supporting educational programs and research in the field of fluid power. Their primary purposes are charitable, educational, and scientific, with a focus on promoting the study of hydraulics and pneumatics among students. The foundation actively engages in outreach and education programs to achieve this goal. They provide funding to develop and disseminate fluid power curriculum for undergraduate mechanical engineering programs, contributing to the advancement of education in this field.
Official website here: www.nfpafoundation.org
Who is the CEO of Nfpa Education & Technology Foundation?
Eric Lanke is the CEO of Nfpa Education & Technology Foundation The CEO's salary of Nfpa Education & Technology Foundation is $0 and their total compensation is $368,370.
Official website here: www.nfpafoundation.org
What is the revenue of Nfpa Education & Technology Foundation?
Nfpa Education & Technology Foundation's revenue in 2024 was $508,558.
Official website here: www.nfpafoundation.org
Who are the executives of Nfpa Education & Technology Foundation and what are their salaries?
There 25 volunteers at Nfpa Education & Technology Foundation.
Here are 6 key members and their salaries (Nfpa Education & Technology Foundation's CEO's salary is $0 and their total compensation is $368,370):
- Compensation: $0
- Related: $311,913
- Other: $56,457
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nfpafoundation.org
Where can I find the form 990 for Nfpa Education & Technology Foundation?
Nfpa Education & Technology Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nfpafoundation.org
Learn more at the official website: www.nfpafoundation.org
Mission Statement of Nfpa Education & Technology Foundation
The Nfpa Education & Technology Foundation serves a charitable, educational, and scientific purpose, focusing on supporting educational programs and research in the field of fluid power. Specifically, the foundation's mission is to actively engage students in the study of hydraulics and pneumatics by funding outreach and education initiatives. To accomplish this, the foundation offers Fluid Power Curriculum Grants, which aid in developing and disseminating fluid power curriculum for undergraduate mechanical engineering programs. By supporting these programs, the Nfpa Education & Technology Foundation aims to foster a deeper understanding of fluid power and encourage future generations to explore this critical engineering field.
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Impact
July, 2024
The NFPA Education & Technology Foundation has a significant impact on the field of hydraulics and pneumatics education. Through funding fluid power curriculum grants, the foundation actively engages students in the study of these essential subjects, particularly within undergraduate mechanical engineering programs. By supporting educational programs and research in fluid power, the foundation plays a crucial role in advancing knowledge and skills in this specialized area. This focused approach helps to equip students with the expertise needed to contribute to the field of fluid power engineering, benefiting both the industry and society as a whole.
This information is meant to be a general summary of Nfpa Education & Technology Foundation. 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 2024.
- Investment Income: $20,635
- Program Service Revenue: $57,130
- Gross Receipts: $508,558
Assets and Liabilities:
- Total Assets: $1,019,874
- Total Liabilities: $30,654
- Net Assets: $989,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE REVENUE
Revenue
$57,130
Organization Details
Founding Year
2007
Principal Officer
Eric Lanke
Website
www.nfpafoundation.orgNTEE Category
Code: T11 - Philanthropy
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