Overview
What is Research And Business Development Center Inc?
Research and Business Development Center Inc, located in Rexburg, Idaho, is a nonprofit organization dedicated to fostering learning opportunities and encouraging scientific research for students. Specifically, it serves students in fields such as computer information technology, business, engineering, English, statistics, and various other scholastic majors within the southeast Idaho region. The center provides mentored research experiences, promoting scientific research and the practical application of new technology. By creating dynamic project opportunities, expanding collaborations, and enabling existing entities to boost productivity, the organization aims to advance technology development and provide valuable learning experiences for students.
Official website here: www.rbdcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (55%)
The Research And Business Development Center Inc has received a low rating of 55%, indicating significant concerns regarding its accountability and financial transparency. While the organization has strengths such as having a fully independent board and no reported material diversion of assets, it falls short in crucial areas including financial statement disclosure and essential policies like whistleblower and document retention.
The charity's program expense ratio stands at 55.56%, suggesting that just over half of its expenses are directed towards programs. This figure, combined with the lack of financial documentation on its website, raises questions about the organization's overall financial health and commitment to transparency. While the organization has some positive governance practices, the absence of critical financial information could limit trust among potential donors and stakeholders.
Overall, while Research And Business Development Center Inc demonstrates some strengths in governance, its financial practices and lack of transparency are significant concerns that potential supporters should consider. Addressing these weaknesses is essential for improving its accountability and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Research And Business Development Center Inc legitimate?
Research And Business Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Research And Business Development Center 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: $103,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,858
For more financial information, click here
Official website here: www.rbdcenter.org
What is the mission statement of Research And Business Development Center Inc?
The Research and Business Development Center Inc's mission is centered around providing mentored research and learning experiences for students in Southeast Idaho. It aims to promote scientific research and practical applications of new technology. This is achieved by creating dynamic mentored project opportunities, expanding collaborations, enabling existing entities to increase productivity, helping to establish and develop new programs, linking projects and funding, and supporting area businesses and start-ups in leveraging new technology.
Official website here: www.rbdcenter.org
Who is the CEO of Research And Business Development Center Inc?
John Ward is the Executive Di of Research And Business Development Center Inc.
Official website here: www.rbdcenter.org
What is the revenue of Research And Business Development Center Inc?
Research And Business Development Center Inc's revenue in 2022 was $1,228,585.
Official website here: www.rbdcenter.org
Who are the executives of Research And Business Development Center Inc and what are their salaries?
The average compensation at Research And Business Development Center Inc during 2022 was $13,336. There are 65 employees at Research And Business Development Center Inc.
Here are 7 key members and their salaries:
- Compensation: $103,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rbdcenter.org
Where can I find the form 990 for Research And Business Development Center Inc?
Research And Business Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rbdcenter.org
Learn more at the official website: www.rbdcenter.org
Mission Statement of Research And Business Development Center Inc
Research and Business Development Center Inc, in its mission, provides mentored research and learning experiences for students in Southeast Idaho. The primary aim is to foster scientific research and promote the practical applications of new technology. This is achieved by creating dynamic mentored project opportunities, expanding collaborations, enabling existing entities to increase productivity, assisting in establishing and developing new programs, linking projects and funding, and helping local businesses and start-ups. The center strives to promote technological development and advancements by providing a conducive environment for students and researchers to innovate and contribute to the scientific community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Research And Business Development Center Inc significantly enhances the landscape of educational and professional opportunities in Southeast Idaho. By providing mentored research experiences, the center empowers students across various fields, including computer information technology, business, engineering, and statistics. This hands-on approach not only deepens students' understanding of their respective disciplines but also equips them with practical skills that are essential in today’s competitive job market.
The center actively promotes scientific research and the practical application of new technologies, fostering innovation and collaboration within the community. By creating dynamic mentored project opportunities, it facilitates partnerships between students and local businesses, enriching the educational experience while simultaneously boosting productivity in the region.
Through its efforts, the center plays a crucial role in linking projects with funding sources, thereby enabling the establishment and development of new programs that cater to the evolving needs of the industry. This not only aids existing entities but also supports the growth of startups, helping to cultivate a vibrant economic ecosystem in Southeast Idaho. The focus on health-related initiatives further underscores its commitment to addressing critical challenges in the community, enhancing the overall well-being of the population.
In essence, Research And Business Development Center Inc serves as a catalyst for growth and innovation, equipping the next generation with the tools and experiences necessary to thrive in their careers while contributing positively to the local economy.
This information is meant to be a general summary of Research And Business Development Center 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.
- Program Service Revenue: $790,425
- Gross Receipts: $1,228,585
Assets and Liabilities:
- Total Assets: $329,427
- Total Liabilities: $5,212
- Net Assets: $324,215
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH SERVICES
Revenue
$790,225
OTHER
Revenue
$200
Organization Details
Founding Year
2014
Phone
(208) 356-5009Principal Officer
John Ward
Main Address
35 N 1ST EAST SUITE 3, REXBURG, ID, 83440
Website
www.rbdcenter.orgNTEE Category
Code: E22 - Health
If you are a representative of Research And Business Development Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.