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Agriculture Scholarship Centre For Basis Trading Education Inc

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

EIN: 300759665 ✦ Stuart, FL ✦ Designated as a 501(c)(3)

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Overview

What is Agriculture Scholarship Centre For Basis Trading Education Inc?

Agriculture Scholarship Centre For Basis Trading Education Inc, based in Stuart, Florida, is a nonprofit organization with a focus on agricultural financial and economic education. Their primary mission is to enlighten the public about agriculture finance and economics, incorporating the application of grain futures and basis trading. To achieve this, they offer scholarships to students who wish to pursue relevant education at trade schools, community colleges, and universities. With a small team of two dedicated individuals, this center strives to empower the future leaders in the agricultural sector.


Official website here: www.ascapply.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Agriculture Scholarship Centre For Basis Trading Education Inc has achieved an impressive rating of 97%, demonstrating strong accountability and financial health. This rating is based entirely on the organization's performance in accountability and finance, indicating rigorous oversight and management practices.

One of the notable strengths of this nonprofit is its governance, with a board composed entirely of independent members, ensuring that decisions are made without conflicts of interest. The charity also excels in transparency, having policies that cover whistleblower protections, conflict of interest, and document retention, all contributing to its good standing.

Furthermore, the organization maintains a solid financial structure, as indicated by its low liabilities-to-assets ratio and a high program expense ratio, with nearly 88% of its expenditures dedicated to programs. However, while the rating reflects strong operational practices, no specific details on the charity's programs or impact were provided, which could give a fuller picture of its effectiveness in fulfilling its mission.


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

Is Agriculture Scholarship Centre For Basis Trading Education Inc legitimate?

Agriculture Scholarship Centre For Basis Trading Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agriculture Scholarship Centre For Basis Trading Education 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: $71,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,500

For more financial information, click here


Official website here: www.ascapply.org

What is the mission statement of Agriculture Scholarship Centre For Basis Trading Education Inc?

The Agriculture Scholarship Centre for Basis Trading Education Inc is committed to educating and training the public on agriculture finance and economics. Specifically, their mission involves instructing individuals about the use of grain futures and basis trading. To accomplish this, they offer scholarships for students to attend various educational institutions, including trade schools, community colleges, and universities, focusing on agricultural financial and economic education. This includes the study of the agricultural application of grain futures and basis trading.


Official website here: www.ascapply.org

Who is the CEO of Agriculture Scholarship Centre For Basis Trading Education Inc?

John J Werner is the President/Chair/Director of Agriculture Scholarship Centre For Basis Trading Education Inc.


Official website here: www.ascapply.org

What is the revenue of Agriculture Scholarship Centre For Basis Trading Education Inc?

Agriculture Scholarship Centre For Basis Trading Education Inc's revenue in 2022 was $28,374.


Official website here: www.ascapply.org

Who are the executives of Agriculture Scholarship Centre For Basis Trading Education Inc and what are their salaries?

The average compensation at Agriculture Scholarship Centre For Basis Trading Education Inc during 2022 was $79,375. There are 2 employees and 7 volunteers at Agriculture Scholarship Centre For Basis Trading Education Inc.


Here are 7 key members and their salaries:


John J Werner (President/Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Lorton (Secretary/Treasurer/Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Luce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Fredrickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter G Rufenacht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice M Fenniman (Executive Director)
  • Compensation: $71,250
  • Related: $0
  • Other: $0


Official website here: www.ascapply.org

Where can I find the form 990 for Agriculture Scholarship Centre For Basis Trading Education Inc?

Agriculture Scholarship Centre For Basis Trading Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ascapply.org

Learn more at the official website: www.ascapply.org

Mission Statement of Agriculture Scholarship Centre For Basis Trading Education Inc

The Agriculture Scholarship Centre for Basis Trading Education Inc is committed to a mission of enlightening the public on agriculture finance and economics. This nonprofit organization strives to achieve its goal by offering scholarships to students who wish to pursue education in agricultural financial and economic disciplines, specifically focusing on the use of grain futures and Basis Trading. Through these scholarships, students can attend trade schools, community colleges, and universities, broadening their knowledge and understanding of the agricultural sector's financial aspects. By offering this educational opportunity, the Agriculture Scholarship Centre for Basis Trading Education Inc is contributing to a more informed and equipped future generation in the field of agriculture finance and economics.

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Impact




August, 2024

The Agriculture Scholarship Centre For Basis Trading Education Inc's impact lies in its mission to instruct and train the public about agriculture finance and economics, with a specific focus on the use of grain futures and Basis Trading. Through its college program, the organization provides scholarships for students to attend trade schools, community colleges, and university courses that offer education in agricultural financial and economic principles. By offering financial support and educational opportunities, the organization plays a crucial role in developing the next generation of individuals knowledgeable about agriculture finance and economics.




This information is meant to be a general summary of Agriculture Scholarship Centre For Basis Trading Education 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.

Revenue
$28,374 (2022)
Expenses
$366,657 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,260
  • Gross Receipts: $28,374

Assets and Liabilities:

  • Total Assets: $3,535,551
  • Total Liabilities: $79,366
  • Net Assets: $3,456,185

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Organization Details

Founding Year

2012

Principal Officer

John J Werner

Main Address

2336 SE Ocean Blvd 217, Stuart, FL, 34996

NTEE Category

Code: B82 - Education

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