Overview
What is Ccat Observatory Inc?
Ccat Observatory Inc is a nonprofit organization situated in Ithaca, New York, specifically at 122 Sciences Drive, Room 508. The primary objective of this organization is to construct, own, and operate an astronomical telescope in the Andes Mountains. The telescope's purpose is to facilitate research on various cosmological phenomena, including the early universe, the evolution of galaxies, and the formation of stars within the Milky Way. This initiative is a collaborative venture among several universities, aiming to provide an unprecedented capability for deep, large-area multicolor submillimeter surveys through the operation of a state-of-the-art astronomical telescope.
Official website here: www.ccatobservatory.org
What are the reviews and ratings of this charity?
**Ccat Observatory Inc : Charity Navigator Rating 95% (Four-Star out of Four Stars)**tar)**
Ccat Observatory Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization's score is derived entirely from its Accountability & Finance metrics, where it excels with a score of 95%. This rating highlights effective management practices and a high level of independence among its board members, ensuring that decision-making is objective and directed towards the nonprofit's mission.
The organization's financial practices are commendable, showcasing a high program expense ratio of 83.38%, indicating that a significant portion of its funds is directed towards its core programs rather than administrative costs. Moreover, the nonprofit has demonstrated a solid ability to manage its finances with a low liability to asset ratio and outstanding fundraising efficiency, underscoring its operational strength and sustainability.
While Ccat Observatory Inc's financial practices and governance are highly rated, it is noted that there were some areas lacking in compliance, such as the availability of certain documents on their website as stated on their tax form. However, overall, the organization presents a very positive profile in the realm of nonprofit management. User reviews from GreatNonprofits were not available for analysis.
This AI summary has been generated from information found on Charity Navigator.
Is Ccat Observatory Inc legitimate?
Ccat Observatory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ccat Observatory 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: $182,823
For more financial information, click here
Official website here: www.ccatobservatory.org
What is the mission statement of Ccat Observatory Inc?
The mission of Ccat Observatory Inc, a venture by a group of universities, is to establish an unprecedented capability for deep, large-area multicolor submillimeter surveys. This is achieved through the construction and operation of a state-of-the-art astronomical telescope in the Andes Mountains. The primary goal of this observatory is to conduct studies on various cosmic phenomena, such as the early universe, the evolution of galaxies, and the formation of stars within the Milky Way.
Official website here: www.ccatobservatory.org
Who is the CEO of Ccat Observatory Inc?
Michelle M Benedict is the Director of Ccat Observatory Inc.
Official website here: www.ccatobservatory.org
What is the revenue of Ccat Observatory Inc?
Ccat Observatory Inc's revenue in 2023 was $8,199,247.
Official website here: www.ccatobservatory.org
Who are the executives of Ccat Observatory Inc and what are their salaries?
There 16 volunteers at Ccat Observatory Inc.
Here are 11 key members and their salaries:
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Official website here: www.ccatobservatory.org
Where can I find the form 990 for Ccat Observatory Inc?
Ccat Observatory Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ccatobservatory.org
Learn more at the official website: www.ccatobservatory.org
Mission Statement of Ccat Observatory Inc
Ccat Observatory Inc, a collaborative venture by several universities, aims to make significant strides in astronomy by constructing, owning, and operating a cutting-edge astronomical telescope in the Andes Mountains. The primary objective of this organization is to provide an unparalleled capability for deep, large-area multicolor submillimeter surveys. By doing so, Ccat Observatory Inc intends to contribute to the understanding of various cosmic phenomena, such as the formation of stars in our galaxy, the evolution of galaxies, and the development of galaxy clusters within the early universe. Through its mission, Ccat Observatory Inc seeks to expand our knowledge of the universe and contribute to the advancement of astronomical research.
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Impact
July, 2024
Ccat Observatory Inc's impact lies in its mission to provide an unprecedented capability for deep, large area multicolor submillimeter surveys through the construction and operation of a state-of-the-art astronomical telescope in the Andes Mountains. This initiative, led by a group of universities, will enable groundbreaking studies of the early universe, the evolution of galaxies and clusters of galaxies, and the formation of stars in the Milky Way. By facilitating cutting-edge scientific research in the field of astronomy, Ccat Observatory Inc is contributing valuable knowledge and insights to our understanding of the cosmos.
This information is meant to be a general summary of Ccat Observatory 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,174
- Gross Receipts: $8,199,247
Assets and Liabilities:
- Total Assets: $32,862,462
- Total Liabilities: $98,160
- Net Assets: $32,764,302
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Organization Details
Founding Year
2011
Phone
(607) 255-1709Principal Officer
Michelle M Benedict
Main Address
122 SCIENCES DR ROOM 508, ITHACA, NY, 14853
Website
www.ccatobservatory.orgNTEE Category
Code: U31 - Science research
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