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Arkat Usa Inc

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

EIN: 411989706 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Arkat Usa Inc?

Arkat Usa Inc, based in Gainesville, Florida, is a nonprofit organization with a mission to gather, preserve, and freely disseminate chemical information to everyone, beyond any restrictions. They achieve this objective through various means, including the publication of Arkivoc – Archive for Organic Chemistry. This journal serves as a platform for sharing and storing chemical data, promoting the free exchange of knowledge in the field of chemistry. Arkat Usa Inc's headquarters can be found at 1617 NW 16th Avenue, Gainesville, FL 32605.


Official website here: www.arkat-usa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Star Rating)

Arkat USA Inc has received a One-Star rating from Charity Navigator, primarily due to its accountability and finance measures. While the organization demonstrates a strong program expense ratio of 81.26%, indicating effective allocation of funds towards its mission, significant weaknesses are noted in governance practices. Notably, the board lacks any independent members and essential policies, such as those for conflict of interest and whistleblower protections, are missing.

The charity’s accountability score is heavily impacted by its governance structure, which has no independent board members and lacks critical oversight policies. While the organization has a documented record of board meeting minutes and shows no material diversion of assets, the absence of independent oversight raises concerns about transparency and accountability.

Overall, Arkat USA Inc's financial management appears sound, but its governance deficiencies highlight areas needing improvement to enhance trust and efficacy. Stakeholders may wish to consider these factors when assessing their support for the organization.


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

Is Arkat Usa Inc legitimate?

Arkat Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkat Usa 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


Official website here: www.arkat-usa.org

What is the mission statement of Arkat Usa Inc?

Arkat U.S.A. Inc. is committed to gathering, preserving, and making widely accessible information in the field of chemistry. They achieve this objective through various means, including Arkivoc, an archive for organic chemistry. The organization's activities also involve covering the printing and publication costs and other expenses related to Arkivoc, the journal. In essence, Arkat U.S.A. Inc. strives to make chemical knowledge freely available to all, fostering the advancement of chemistry research and understanding.


Official website here: www.arkat-usa.org

Who is the CEO of Arkat Usa Inc?

Eric Scriven is the Director of Arkat Usa Inc.


Official website here: www.arkat-usa.org

What is the revenue of Arkat Usa Inc?

Arkat Usa Inc's revenue in 2022 was $17,485.


Official website here: www.arkat-usa.org

Who are the executives of Arkat Usa Inc and what are their salaries?


Here are 5 key members and their salaries:


Andrew J Aanonson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Bodor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linde Katritzky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rupert A Katritzky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Scriven (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arkat-usa.org

Where can I find the form 990 for Arkat Usa Inc?

Arkat Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arkat-usa.org

Learn more at the official website: www.arkat-usa.org

Mission Statement of Arkat Usa Inc

Arkat USA Inc, a nonprofit organization, is dedicated to gathering, preserving, and making widely accessible without restriction, information in the field of chemistry. This is accomplished through various means, including Arkivoc, an archive for organic chemistry. The mission of Arkat USA Inc is to ensure that the journal Arkivoc, which serves as a platform for publishing and disseminating chemical information, is financially sustained. The organization covers the printing and publication costs, as well as other associated expenses, to ensure the continuous availability of this valuable resource in the field of chemistry.

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Impact




August, 2024

Arkat Usa Inc has a significant impact on the field of chemistry through their dedication to gathering, preserving, and making vital information available to all. Their primary focus is on the dissemination of knowledge in organic chemistry through platforms like ARKIVOC - Archive for Organic Chemistry. By supporting printing and publication costs, Arkat Usa Inc plays a crucial role in advancing scientific research and facilitating access to essential information. Their commitment to sharing knowledge without restrictions contributes to the progress of science and benefits researchers worldwide.




This information is meant to be a general summary of Arkat Usa 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
$17,485 (2022)
Expenses
$116,245 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,379
  • Gross Receipts: $17,485

Assets and Liabilities:

  • Total Assets: $131,436
  • Total Liabilities: $0
  • Net Assets: $131,436

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Organization Details

Founding Year

2000

Principal Officer

Eric Scriven

Main Address

1617 NW 16TH AVENUE, GAINESVILLE, FL, 32605

NTEE Category

Code: U33 - Science research

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