Overview
What is Society Of Wood Science And Technology?
The Society of Wood Science and Technology is a nonprofit organization dedicated to enhancing understanding and advancement in the field of wood science and technology. They promote education through conventions, both annual and regional, and provide resources for new members. Additionally, they support research and facilitate the exchange of ideas and technical information to expand knowledge in this area. Their mission is to foster growth in this field and contribute to the protection of forests, ultimately expanding the realm of knowledge related to wood science and technology.
Official website here: www.swst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating
The Society of Wood Science and Technology has received a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization earned a score of 78% in this category, indicating that it meets many established standards for transparency and governance. Notably, the board of directors is entirely independent, with 10 out of 10 points awarded for this factor, which enhances the organization’s credibility.
The Society also demonstrates solid fiscal responsibility, evidenced by a low liabilities to assets ratio of 0.57%. Additionally, it has no reported material diversion of assets and maintains appropriate documentation practices, such as posting board meeting minutes and the Form 990 on its website. However, there are areas for improvement, including the absence of a whistleblower policy and a document retention and destruction policy, which could enhance its governance structure.
With a program expense ratio of 63.96%, the Society allocates a significant portion of its budget to programmatic activities, though this could be optimized further. Overall, while the organization showcases strengths in governance and financial practices, addressing its policy gaps could bolster its overall effectiveness and accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of Wood Science And Technology legitimate?
Society Of Wood Science And Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Wood Science And Technology 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: $52,000
For more financial information, click here
Official website here: www.swst.org
What is the mission statement of Society Of Wood Science And Technology?
The Society of Wood Science and Technology is committed to promoting educational programs and fostering research in the field of wood science and technology. Their mission is to serve as a platform for exchanging ideas and technical information, aiming to expand knowledge related to this field and its impact on forest protection. Through various initiatives such as annual and regional conventions, travel stipends, and award payments, they aim to advance the understanding and application of wood science and technology.
Official website here: www.swst.org
Who is the CEO of Society Of Wood Science And Technology?
Victoria Herian is the Principal Officer of Society Of Wood Science And Technology.
Official website here: www.swst.org
What is the revenue of Society Of Wood Science And Technology?
Society Of Wood Science And Technology's revenue in 2022 was $136,921.
Official website here: www.swst.org
Who are the executives of Society Of Wood Science And Technology and what are their salaries?
The average compensation at Society Of Wood Science And Technology during 2022 was $52,000. There is 1 employee at Society Of Wood Science And Technology.
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Official website here: www.swst.org
Where can I find the form 990 for Society Of Wood Science And Technology?
Society Of Wood Science And Technology's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swst.org
Learn more at the official website: www.swst.org
Mission Statement of Society Of Wood Science And Technology
The Society of Wood Science and Technology is dedicated to advancing knowledge in the field of wood science and technology. Their mission involves fostering educational programs, encouraging research, and serving as a platform for the exchange of ideas and technical information. By doing so, they aim to expand the understanding of wood science and technology and its role in protecting our forests. This nonprofit organization accomplishes this through various initiatives, such as hosting annual and regional conventions for its members and newcomers, offering travel stipends, and making award payments. These activities contribute to the Society's goal of promoting and expanding the field of wood science and technology.
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Impact
October, 2024
The Society of Wood Science and Technology significantly advances the field of wood science and technology through its commitment to education, research, and the exchange of ideas. By organizing annual and regional conventions, it creates vital networking opportunities for members, fostering collaboration and the sharing of innovative practices. These gatherings not only enhance professional development but also strengthen the community of researchers and practitioners dedicated to the field.
In addition to conventions, the Society supports members with travel stipends and awards, encouraging participation in research and educational initiatives. This financial backing facilitates access to knowledge and resources, promoting greater engagement in wood science studies.
The Society's focus on expanding knowledge regarding the connection between wood science and forest protection underscores its commitment to sustainability. By promoting research and the dissemination of technical information, it plays a critical role in addressing environmental concerns, advocating for responsible management of forest resources, and ensuring the longevity of wood as a material in various applications.
Through these efforts, the Society of Wood Science and Technology acts as a catalyst for progress within the field, impacting both academic and practical aspects of wood science while striving for ecological stewardship.
This information is meant to be a general summary of Society Of Wood Science And Technology. 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: $123,111
- Gross Receipts: $136,921
Assets and Liabilities:
- Total Assets: $571,301
- Total Liabilities: $3,358
- Net Assets: $567,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Periodical Publishers
Revenue
$79,796
Agriculture forestry hunting and fishing
Revenue
$339
Educational Support Services
Revenue
$42,976
Organization Details
Founding Year
1961
Phone
(608) 577-1342Principal Officer
Victoria Herian
Main Address
P O Box 6155, Monona, WI, 53716
Website
www.swst.orgNTEE Category
Code: B60 - Education
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