Overview
What is Ads Ortner Educational Foundation?
The Ads Ortner Educational Foundation is a nonprofit organization situated in Gainesville, Virginia. Its primary objective is to support the Association of Diesel Specialists and the diesel fuel injection and diesel industries through educational programs. Specifically, the foundation offers scholarships aimed at attracting new students into diesel training programs at institutions participating in the Association's "TechSmart" program. Annually, up to ten scholarships are awarded.
Official website here: www.diesel.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Ads Ortner Educational Foundation has achieved a Three-Star rating, reflecting a solid performance in accountability and finance, with a score entirely derived from this area. The organization excels in several key metrics, including having a fully independent board and a strong liabilities to assets ratio of 0.00%, indicating financial stability. Additionally, all expenses are allocated to programs, showcasing a commitment to its mission.
However, the foundation has notable weaknesses in governance policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for promoting transparency and accountability. These missing elements have impacted its overall score, particularly in the governance area of its evaluation.
Despite these limitations, the foundation's strong financial health and program expense ratio suggest effective management of resources toward its educational initiatives. Continuous improvement in governance practices could further enhance its rating and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ads Ortner Educational Foundation legitimate?
Ads Ortner Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ads Ortner Educational Foundation 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.diesel.org
What is the mission statement of Ads Ortner Educational Foundation?
The Ads Ortner Educational Foundation's mission is centered around providing educational programs for the benefit of the Association of Diesel Specialists and the diesel fuel injection and diesel industries. Their primary goal is to foster learning opportunities in this field, particularly through scholarships. These scholarships aim to attract new students into diesel training programs affiliated with the Association's "TECHSMART" program. Up to ten scholarships are awarded annually.
Official website here: www.diesel.org
What is the revenue of Ads Ortner Educational Foundation?
Ads Ortner Educational Foundation's revenue in 2023 was $14,995.
Official website here: www.diesel.org
Who are the executives of Ads Ortner Educational Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.diesel.org
Where can I find the form 990 for Ads Ortner Educational Foundation?
Ads Ortner Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.diesel.org
Learn more at the official website: www.diesel.org
Mission Statement of Ads Ortner Educational Foundation
Ads Ortner Educational Foundation is dedicated to providing educational programs that benefit the Association of Diesel Specialists and the diesel fuel injection and diesel industries. Its primary purpose is to contribute to the advancement of knowledge and skills within these sectors by offering scholarships to attract new students into diesel training programs affiliated with the Association's "TECHSMART" program. The foundation aims to foster growth and innovation in the diesel industry by investing in the education of future professionals. Up to ten scholarships are awarded annually, demonstrating the foundation's commitment to nurturing the next generation of diesel specialists.
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Impact
August, 2024
Ads Ortner Educational Foundation's impact lies in providing valuable educational programs aimed at attracting new students to diesel training programs within institutions participating in the Association of Diesel Specialists' "TechSmart" program. By offering up to 10 scholarships annually, the foundation plays a crucial role in nurturing talent and fostering innovation within the diesel fuel injection and diesel industries. Through its initiatives, the foundation contributes to the advancement of science research and the overall growth and sustainability of the diesel industry.
This information is meant to be a general summary of Ads Ortner Educational Foundation. 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 2023.
- Investment Income: $17,889
- Gross Receipts: $119,171
Assets and Liabilities:
- Total Assets: $600,338
- Total Liabilities: $0
- Net Assets: $600,338
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Organization Details
Founding Year
1994
Principal Officer
Scott Parker
Website
www.diesel.orgNTEE Category
Code: U40 - Science research
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