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Spectemur Agendo Foundation Inc

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

EIN: 311779572 ✦ Goshen, NY ✦ Designated as a 501(c)(3)

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Overview

What is Spectemur Agendo Foundation Inc?

The Spectemur Agendo Foundation Inc, located beyond the details provided, is a nonprofit organization that plays a significant role in nurturing Cornell University's undergraduate education. Their mission is multifaceted, encompassing music, science, architecture, and the culinary arts. They achieve this through various programs and scholarships, aiming to foster and elevate the quality of education in these disciplines.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Spectemur Agendo Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity's overall score is solely derived from its Accountability & Finance score, which stands at 53%. This rating reflects serious issues, particularly the absence of independent board members and missing essential policies, which raises questions about governance and transparency.

Strengths of the foundation include a solid program expense ratio of 79.06%, suggesting that a substantial portion of its expenditures are directed toward its mission-related activities. However, the charity lacks critical governance structures, as evidenced by a 0% score in categories such as independent board membership and the availability of necessary policies like conflict of interest and whistleblower protections.

These shortcomings in governance and transparency significantly detract from the charity's rating and may impact donor confidence. The missing website and tax form listed on the nonprofit's documentation further highlight a lack of accessibility to information that potential donors might require for making informed decisions.


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

Is Spectemur Agendo Foundation Inc legitimate?

Spectemur Agendo Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectemur Agendo 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: $0

For more financial information, click here

What is the mission statement of Spectemur Agendo Foundation Inc?

The Spectemur Agendo Foundation's mission is centered around supporting undergraduate programs at Cornell University. Specifically, they focus on nurturing educational initiatives in the fields of music, science, architecture, and the culinary arts. They achieve this goal by providing funding for programs and scholarships, thereby contributing to the growth and success of these academic disciplines.

Who is the CEO of Spectemur Agendo Foundation Inc?

Samuel Bergsohn is the President of Spectemur Agendo Foundation Inc.

What is the revenue of Spectemur Agendo Foundation Inc?

Spectemur Agendo Foundation Inc's revenue in 2022 was $77,369.

Who are the executives of Spectemur Agendo Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Samuel Bergsohn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stellatello (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spectemur Agendo Foundation Inc?

Spectemur Agendo Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spectemur Agendo Foundation Inc

Spectemur Agendo Foundation, a renowned nonprofit organization, is dedicated to fostering Cornell University's undergraduate programs in four distinct fields: music, science, architecture, and the culinary arts. Through its initiatives and scholarships, the foundation plays a significant role in supporting these educational programs, enabling students to pursue their passions and excel in these fields. By doing so, Spectemur Agendo Foundation contributes to the development of well-rounded individuals who can make a positive impact in their respective fields.

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Impact




August, 2024

Spectemur Agendo Foundation Inc's impact is evident in its efforts to foster Cornell educational undergraduate programs in music, science, architecture, and the culinary arts. Through programs and scholarships, the foundation works to support students pursuing these disciplines. In doing so, they contribute to the development of future professionals in these fields, enhancing educational opportunities and promoting excellence.




This information is meant to be a general summary of Spectemur Agendo 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.

Revenue
$77,369 (2022)
Expenses
$23,445 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,008
  • Gross Receipts: $137,972

Assets and Liabilities:

  • Total Assets: $1,540,624
  • Total Liabilities: $0
  • Net Assets: $1,540,624

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Organization Details

Founding Year

2001

Principal Officer

Samuel Bergsohn

Main Address

40 OLD MINISINK TRAIL, GOSHEN, NY, 10924

NTEE Category

Code: B82 - Education

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