Overview
What is Atip Foundation Llc?
Atip Foundation Llc, based in Arlington, Texas, serves as a catalyst for rural economic development. Utilizing USDA research outcomes, market assessment, and patented technologies, the foundation fosters collaborative partnerships between industry, academia, and government, integrating research and discovery with venture capital and expertise. Their primary objective is to establish investor-backed consortiums of agri-businesses, universities, economic development entities, and venture funds, with the aim of developing and expanding the agriculture industry by commercializing USDA technology discoveries. The foundation works in various regions, such as Texas, California, and Ohio, and engages in public-private partnerships to create jobs and stimulate economic growth.
Official website here: www.atipfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Atip Foundation LLC has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The foundation scored 90% in this area, demonstrating effective management of its resources and a commitment to transparency. The rating is primarily based on its accountability, showcasing that the organization has a robust framework in place.
Strengths of the Atip Foundation include a fully independent board, with all members meeting the criteria for independence. It also maintains no liabilities, indicating sound financial health. Additionally, the foundation has a high program expense ratio of 91.34%, which suggests that a significant majority of its funding is directed toward its programs rather than administrative costs.
However, there are some limitations to note. The organization lacks a conflict of interest policy, which could raise concerns about governance practices. Despite this, the presence of a whistleblower policy and documented board meeting minutes demonstrate a commitment to maintaining integrity within its operations. Overall, while the Atip Foundation shows strong financial accountability, addressing governance policies could enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is Atip Foundation Llc legitimate?
Atip Foundation Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atip Foundation Llc 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.atipfoundation.com
What is the mission statement of Atip Foundation Llc?
The Atip Foundation's primary objective is to catalyze rural economic development. They accomplish this by leveraging USDA research outcomes, market assessments, and patented technologies. The foundation encourages strategic partnerships between industry, academia, and government research and discovery, integrating them with venture capital, talent, and expertise. The ultimate goal is to establish nationally recognized investor-based consortiums, comprising agri-businesses, universities, economic development entities, and venture funds. These consortiums aim to develop, implement, and commercialize USDA technology discoveries, thereby improving the competitiveness and profitability of the agriculture and agri-business industries.
Official website here: www.atipfoundation.com
Who is the CEO of Atip Foundation Llc?
Unavailable The CEO's salary of Atip Foundation Llc is $0 and their total compensation is $0.
Official website here: www.atipfoundation.com
What is the revenue of Atip Foundation Llc?
Atip Foundation Llc's revenue in 2022 was $70,540.
Official website here: www.atipfoundation.com
Who are the executives of Atip Foundation Llc and what are their salaries?
There 20 volunteers at Atip Foundation Llc.
Here are 5 key members and their salaries (Atip Foundation Llc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.atipfoundation.com
Where can I find the form 990 for Atip Foundation Llc?
Atip Foundation Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atipfoundation.com
Learn more at the official website: www.atipfoundation.com
Mission Statement of Atip Foundation Llc
Atip Foundation LLC serves as a catalyst for rural economic development, utilizing USDA research outcomes, market assessments, and patented technologies. The organization supports a strategic approach to the formation of collaborative partnerships, facilitating and enabling the integration of industry, academic, and government research and discovery with venture capital and talent and know-how. The primary objective of Atip Foundation LLC is to create nationally recognized, investor-based consortiums of agri-businesses, universities, economic development entities, and venture funds for the development, implementation, and commercialization of USDA technology discoveries. This initiative aims to improve the competitiveness and profitability of the agriculture and agri-business industry sectors.
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Impact
August, 2024
The Atip Foundation LLC's impact lies in serving as a catalyst for rural economic development through the utilization of USDA research outcomes, market assessment, and patented technologies. By forming collaborative partnerships and integrating industry, academic, and government research with venture capital, the foundation aims to create investor-based consortiums of agri-businesses, universities, economic development entities, and venture funds. This strategic approach works towards developing, implementing, and commercializing USDA technology discoveries to expand and improve the competitiveness and profitability of the agriculture and agri-business sectors. Through initiatives in states like Texas, California, and Ohio, the foundation has focused on fostering regional rural economic development from federal research outcomes, conducting forums in multiple states, and establishing replicable models in partnership with USDA to drive economic growth.
This information is meant to be a general summary of Atip Foundation Llc. 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.
- Gross Receipts: $70,540
Assets and Liabilities:
- Total Assets: $80,260
- Total Liabilities: $0
- Net Assets: $80,260
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Organization Details
Founding Year
2011
Phone
(817) 228-9888Main Address
1506 W PIONEER PARKWAY STE 101, ARLINGTON, TX, 76013
Website
www.atipfoundation.comNTEE Category
Code: K05 - Food
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