Geosynthetic Institute

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

EIN: 232726289 ✦ Folsom, PA ✦ Designated as a 501(c)(3)

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Overview

What is Geosynthetic Institute?

The Geosynthetic Institute is a nonprofit organization that is dedicated to driving advancements in geosynthetics through research and funding. This institution supports the development of geosynthetics by offering fellowships to college students. By engaging in this research and funding endeavor, the Geosynthetic Institute aims to contribute significantly to the field, ultimately benefiting various industries and applications that utilize geosynthetics.


Official website here: www.geosynthetic-institute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 14% (Zero-Star out of Four Star rating)

The Geosynthetic Institute has received a low rating of 14% from Charity Navigator, primarily reflecting significant concerns in accountability and financial management. With a Zero-Star rating, it indicates a lack of transparency and governance, particularly highlighted by the absence of independent board members and missing essential policies such as conflict of interest and whistleblower protections.

The organization's financial practices raise red flags, as there are no available financial statements, and the program expense ratio is notably low at only 14.07%. This suggests that a minimal portion of its funds is directed towards its programs, which can be concerning for potential donors who seek to support effective nonprofit operations.

While the institute does list its website on its tax forms and maintains documents of board meeting minutes, the overall lack of compliance with basic nonprofit governance standards significantly undermines its credibility. Potential supporters may want to consider these factors carefully before engaging with or donating to the Geosynthetic Institute.


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

Is Geosynthetic Institute legitimate?

Geosynthetic Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geosynthetic 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: $325,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,900

For more financial information, click here


Official website here: www.geosynthetic-institute.org

What is the mission statement of Geosynthetic Institute?

The Geosynthetic Institute is committed to conducting research and providing funding for the development of geosynthetics. This includes offering fellowships for college students. The primary objective of the institute is to advance the field of geosynthetics through extensive research. It serves as a significant source of support for students pursuing studies in this area. The Geosynthetic Institute's activities also involve providing financial assistance for the advancement of geosynthetics technology.


Official website here: www.geosynthetic-institute.org

Who is the CEO of Geosynthetic Institute?

George Koerner is the President of Geosynthetic Institute.


Official website here: www.geosynthetic-institute.org

What is the revenue of Geosynthetic Institute?

Geosynthetic Institute's revenue in 2022 was $1,039,820.


Official website here: www.geosynthetic-institute.org

Who are the executives of Geosynthetic Institute and what are their salaries?

The average compensation at Geosynthetic Institute during 2022 was $85,730. There are 4 employees at Geosynthetic Institute.


Here are 6 key members and their salaries:


George Koerner (President)
  • Compensation: $240,720
  • Related: $0
  • Other: $55,579
Jamie Koerner (Treasurer)
  • Compensation: $84,300
  • Related: $0
  • Other: $9,360
Pauleen Limburg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Limburg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Koerner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Koerner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.geosynthetic-institute.org

Where can I find the form 990 for Geosynthetic Institute?

Geosynthetic Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.geosynthetic-institute.org

Learn more at the official website: www.geosynthetic-institute.org

Mission Statement of Geosynthetic Institute

The Geosynthetic Institute, a renowned organization, is primarily dedicated to the field of research and development. Its primary mission is to spearhead advancements in geosynthetics, a specialized area of material science. To accomplish this, the Geosynthetic Institute provides funding for geosynthetics development and offers research opportunities in the form of fellowships for college students. This commitment to academic growth and technological progress aims to propel the field of geosynthetics forward, contributing to innovative solutions in various industries.

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Impact




October, 2024

The Geosynthetic Institute has a significant impact on the advancement of geosynthetic materials and technologies through its dedicated research and development efforts. By conducting extensive research and providing funding for the development of geosynthetics, the institute contributes to a deeper understanding of these materials' properties, applications, and potential innovations.

One of the notable aspects of the institute's influence is its commitment to fostering the next generation of experts in the field. Through fellowships for college students, it not only supports education and research but also ensures that emerging scientists and engineers are well-equipped to address future challenges in geosynthetic applications. This dual focus on research and education amplifies the institute's role as a leader in promoting sustainable engineering solutions and improving infrastructure reliability.

By working from its base in Folsom, PA, the Geosynthetic Institute plays a pivotal role in shaping the future of civil engineering, environmental protection, and construction practices, ultimately benefiting society by enhancing material performance and sustainability.




This information is meant to be a general summary of Geosynthetic 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.

Revenue
$1,039,820 (2022)
Expenses
$713,051 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $338,766
  • Gross Receipts: $1,039,820

Assets and Liabilities:

  • Total Assets: $9,435,995
  • Total Liabilities: $0
  • Net Assets: $9,435,995

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Organization Details

Founding Year

1993

Principal Officer

George Koerner

Main Address

475 KEDRON AVENUE, FOLSOM, PA, 19033

NTEE Category

Code: U30 - Science research

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