Overview
What is Asset Inc?
Asset Inc, established in 1994, is a national education improvement nonprofit based in Pittsburgh, Pennsylvania. With a mission to enhance teaching and learning, the organization aims to engage, inspire, and empower all learners. By equipping educators with effective tools and strategies, Asset Inc fosters innovative and relevant learning environments, enabling students to acquire necessary knowledge and skills for global contributions. The nonprofit offers rigorous professional development to educators and provides hands-on learning experiences for students from pre-K to career level, both in and out of school. Asset Inc, an acronym for Achieving Student Success Through Excellence in Teaching, collaborates with industry leaders and community partners to improve teaching and learning in STEM fields, ultimately increasing student achievement and workforce readiness nationwide. The organization boasts a team of 4 dedicated professionals.
Official website here: www.assetinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Asset Inc has demonstrated a strong commitment to accountability and financial management with a score of 92%. This rating reflects the organization’s effective oversight practices, including a fully independent board and a strong audit and oversight committee. The charity also excels in its program expense ratio, directing over 71% of its expenditures towards its programs, which speaks to its mission-driven focus.
In terms of community engagement, Asset Inc has a commendable culture and community score of 89%. The organization actively collects and utilizes constituent feedback effectively, achieving perfect scores in feedback collection, usage, and practices. This indicates a high level of responsiveness to the needs and perspectives of those it serves, fostering trust and engagement within the community.
However, there are noted limitations, particularly in equity strategies and data collection, where it received lower scores of 83 and 3 out of 7, respectively. This suggests that while the organization is performing well in many areas, there is room for improvement in developing and implementing comprehensive equity policies and processes. Overall, Asset Inc showcases significant strengths in governance and program execution, but it may benefit from enhancing its equity practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Asset Inc?
100% of the 5 reviewers on Facebook recommend Asset Inc. Here is a summary of their reviews:
Reviewers emphasize the organization's long-standing commitment to education, noting that Asset Inc has been a leading provider of hands-on science solutions for over two decades. The expertise and effective teaching methods employed by the nonprofit are consistently praised, indicating that they understand how to engage students in meaningful learning experiences.
Overall, the sentiment is overwhelmingly positive, with a strong belief in the value that Asset Inc brings to schools. Their dedication to quality education and innovative teaching has made a significant impact on the community they serve.
This AI summary has been generated from reviews found on Facebook.
Is Asset Inc legitimate?
Asset Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asset 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: $103,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,529
For more financial information, click here
Official website here: www.assetinc.org
What is the mission statement of Asset Inc?
Asset Inc, established in 1994 by industry leaders and community partners, is an organization dedicated to improving teaching and learning in the fields of Science, Technology, Engineering, and Mathematics (STEM). Their mission is to provide educators with rigorous professional learning and coaching, aiming to enhance student achievement and workforce readiness nationwide. By doing so, Asset Inc contributes to the development of a skilled workforce, ensuring that students are equipped with the necessary knowledge and skills for future success.
Official website here: www.assetinc.org
Who is the CEO of Asset Inc?
Sarah Toulouse is the President of Asset Inc.
Official website here: www.assetinc.org
What is the revenue of Asset Inc?
Asset Inc's revenue in 2023 was $596,012.
Official website here: www.assetinc.org
Who are the executives of Asset Inc and what are their salaries?
The average compensation at Asset Inc during 2023 was $66,731. There are 4 employees and 3 volunteers at Asset Inc.
Here are 8 key members and their salaries:
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- Compensation: $103,954
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Official website here: www.assetinc.org
Where can I find the form 990 for Asset Inc?
Asset Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.assetinc.org
Learn more at the official website: www.assetinc.org
Mission Statement of Asset Inc
Asset Inc, an acronym for Achieving Student Success Through Excellence in Teaching, was established in 1994 by industry leaders and community partners with a mission to enhance teaching and learning in Science, Technology, Engineering, and Math (STEM) fields. This nonprofit organization aims to empower educators by providing them with rigorous professional learning and coaching. The ultimate goal of Asset Inc is to boost student achievement and workforce readiness nationwide, fostering a more skilled and knowledgeable workforce in STEM fields. By offering educators the necessary tools and support, Asset Inc strives to improve the quality of education and prepare students for successful careers in these crucial areas.
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Impact
July, 2024
Asset Inc's impact can be seen in its efforts to improve teaching and learning across science, technology, engineering, and math (STEM). By providing educators with rigorous professional learning and coaching, Asset Inc aims to increase student achievement and workforce readiness nationwide. The organization equips educators with effective tools and strategies to create innovative and relevant learning environments, ensuring that all students acquire the knowledge and skills needed to succeed in a global community. Asset Inc's focus on high-quality professional development and hands-on learning experiences for students from pre-K through career demonstrates its commitment to advancing teaching and learning to engage, inspire, and empower all learners.
This information is meant to be a general summary of Asset 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 2023.
- Investment Income: $442
- Program Service Revenue: $5,000
- Gross Receipts: $596,012
Assets and Liabilities:
- Total Assets: $435,821
- Total Liabilities: $25,358
- Net Assets: $410,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASSROOM FEES
Revenue
$5,000
Organization Details
Founding Year
1994
Phone
(412) 481-7320Principal Officer
Sarah Toulouse
Main Address
2403 SIDNEY STREET 221, PITTSBURGH, PA, 15203
Website
www.assetinc.orgNTEE Category
Code: B19 - Education
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