Overview
What is Citrus Research And Development Foundation Inc?
Citrus Research and Development Foundation Inc, based in Lake Alfred, Florida, is a nonprofit organization that collaborates with the University of Florida to support research projects aimed at combating citrus diseases. They receive funding from research taxes paid by Florida citrus growers, legislative grants, and private donations. The foundation protects intellectual property rights and identifies commercial partners for manufacturing and marketing technology derived from their research. Their initiatives extend beyond the citrus industry, benefiting Floridians as a whole. In 2022-2023, they have made significant progress in understanding the biology of the elements causing citrus diseases and the interactions between these elements.
Official website here: www.citrusrdf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Citrus Research And Development Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, which reflects its strong commitment to accountability and finance. The foundation's overall score is derived entirely from its performance in this category, indicating a high level of transparency and responsible financial management. The evaluation considers various aspects, such as an independent board, financial oversight, and the absence of asset diversions.
The organization boasts a fully independent board of directors, with 100% of its members meeting this criterion, contributing to its effective governance. Furthermore, the foundation has established rigorous policies regarding conflict of interest, whistleblower protections, and document retention, ensuring ethical practices and accountability within its operations. The foundation also demonstrates excellent financial health with a liabilities-to-assets ratio of 37.43% and an outstanding program expense ratio of 99.79%, suggesting that it allocates the majority of its resources directly toward its programs.
Despite its strong ratings and practices, the summary does not indicate any specific limitations or areas requiring improvement. Overall, Citrus Research And Development Foundation Inc is recognized for its exemplary financial practices and governance structures, positioning it as a reliable choice for donors seeking impactful charitable organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Citrus Research And Development Foundation Inc legitimate?
Citrus Research And Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citrus Research And Development Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,888
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Official website here: www.citrusrdf.org
What is the mission statement of Citrus Research And Development Foundation Inc?
The Citrus Research and Development Foundation Inc functions as a support organization for the University of Florida. Its primary focus is on reviewing, approving, and coordinating research projects aimed at finding solutions to citrus diseases. The Foundation receives funding from research box taxes paid by Florida citrus growers, as well as legislative funding and private donations. Private donors play a significant role in supporting the Foundation's research programs. The Research Management Committee works with research partners to protect intellectual property rights and identifies commercial partners for manufacturing and marketing of technology. The programs of the Citrus Research and Development Foundation benefit not only citrus growers but also allied industries and the citizens of Florida.
Official website here: www.citrusrdf.org
Who is the CEO of Citrus Research And Development Foundation Inc?
Rick Dantzler is the Director of Citrus Research And Development Foundation Inc.
Official website here: www.citrusrdf.org
What is the revenue of Citrus Research And Development Foundation Inc?
Citrus Research And Development Foundation Inc's revenue in 2023 was $14,021,442.
Official website here: www.citrusrdf.org
Who are the executives of Citrus Research And Development Foundation Inc and what are their salaries?
There 30 volunteers at Citrus Research And Development Foundation Inc.
Here are 14 key members and their salaries:
- Compensation: $237,254
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- Other: $42,234
- Compensation: $197,021
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- Other: $38,597
- Compensation: $165,602
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- Other: $38,976
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Official website here: www.citrusrdf.org
Where can I find the form 990 for Citrus Research And Development Foundation Inc?
Citrus Research And Development Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.citrusrdf.org
Learn more at the official website: www.citrusrdf.org
Mission Statement of Citrus Research And Development Foundation Inc
The Citrus Research and Development Foundation Inc, a supportive organization for the University of Florida, is dedicated to advancing research and delivering solutions to combat citrus diseases. The Foundation plays a crucial role in reviewing, approving, and coordinating research projects aimed at addressing these issues.
Funding for the Foundation's programs comes from multiple sources, including research box taxes levied on Florida citrus growers and legislative funding. Private donations also contribute significantly to the Foundation's research efforts. These contributions are vital to the success of CRDF programs. The Research Management Committee collaborates with research partners to safeguard intellectual property rights and identifies commercial partners for manufacturing and marketing technology.
In pursuit of its mission, the Citrus Research and Development Foundation, Inc. does not limit its benefits to just citrus growers. Instead, it extends its reach to allied industries and the citizens of Florida. By working together with research partners, the Foundation ensures that the findings from its research projects have a wide impact, reaching beyond the citrus industry and improving the lives of many.
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Impact
August, 2024
Citrus Research And Development Foundation Inc's impact is substantial in the field of citrus research and disease management. By conducting peer-reviewed research focused on elements of citrus health, particularly targeting the tripartite disease system involving a bacterial pathogen, Liberibacter asiaticus, the insect vector, Asian citrus psyllid, and commercial and residential citrus trees in Florida, the foundation has made significant progress in understanding the biology of these elements. This progress has led to the identification of targets for intervention and the development of solutions to citrus diseases.
Through its support of research projects, coordination of efforts, and collaboration with various entities across the United States, the foundation has maintained a robust portfolio of discovery science in North America. The work of the Citrus Research And Development Foundation Inc not only benefits citrus growers but also allied industries and the citizens of Florida by contributing to the health and sustainability of the citrus industry in the region.
This information is meant to be a general summary of Citrus Research And Development Foundation 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: $62,135
- Gross Receipts: $14,021,442
Assets and Liabilities:
- Total Assets: $3,702,804
- Total Liabilities: $1,386,254
- Net Assets: $2,316,550
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Organization Details
Founding Year
2009
Phone
(863) 956-1151Principal Officer
Rick Dantzler
Main Address
700 EXPERIMENT STATION ROAD, LAKE ALFRED, FL, 338502299
Website
www.citrusrdf.orgNTEE Category
Code: S05 - Community improvement
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