Overview
What is The Seminar Network Inc?
The Seminar Network Inc, also known as Stand Together Trust, is a nonprofit organization based in Arlington, Virginia. They support a network of social entrepreneurs addressing significant social and economic challenges in a broad spectrum of issues. Their mission is to empower these entrepreneurs by providing them with essential tools and resources, allowing them to amplify their impact and help people improve their lives. Stand Together Trust focuses on funding initiatives that conduct research, analysis, and public awareness campaigns on a range of social and economic issues that affect the nation and the well-being of every American. The organization, with a team of 31 employees, is dedicated to making a far-reaching difference in people's lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Seminar Network Inc has achieved an 80% rating on Charity Navigator, indicating a solid level of accountability and financial management. The rating is derived entirely from its Accountability & Finance score, showcasing the organization’s commitment to transparency and responsible financial practices. Notably, it has a fully independent board and maintains robust policies for conflict of interest, whistleblower protections, and document retention.
The organization exhibits strong financial metrics, with an impressive program expense ratio of 98.04%, indicating that a significant portion of its expenses directly support its mission-related activities. Additionally, its liabilities to assets ratio of 9.77% reflects a healthy financial position, ensuring sustainability and reduced financial risk. The working capital ratio of 4.37 years further emphasizes the organization’s ability to cover its operational needs over a long period.
However, the organization received a lower score on fundraising efficiency, with a ratio of $0.002, suggesting that it may not be as effective in fundraising compared to its expenses. This could indicate potential areas for improvement in developing more effective fundraising strategies to enhance overall financial health and support for its programs.
This AI summary has been generated from information found on Charity Navigator.
Is The Seminar Network Inc legitimate?
The Seminar Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seminar Network 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: $3,194,224
For more financial information, click here
What is the mission statement of The Seminar Network Inc?
The Seminar Network Inc's charitable trust, Stand Together, aims to empower a network of social entrepreneurs working on various social and economic issues. These entrepreneurs strive to tackle the significant challenges of our time and contribute to improving people's lives. Stand Together Trust supports these pioneers by funding initiatives focused on researching, analyzing, and promoting solutions across a broad spectrum of social and economic issues. Their goal is to help these individuals make a more considerable impact and ultimately benefit every American.
What is the revenue of The Seminar Network Inc?
The Seminar Network Inc's revenue in 2023 was $58,664,952.
Who are the executives of The Seminar Network Inc and what are their salaries?
The average compensation at The Seminar Network Inc during 2023 was $84,059. There are 38 employees at The Seminar Network Inc.
Here are 13 key members and their salaries:
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- Other: $0
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- Related: $8,400
- Other: $0
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- Compensation: $149,117
- Related: $0
- Other: $15,544
- Compensation: $140,947
- Related: $0
- Other: $26,019
- Compensation: $143,637
- Related: $0
- Other: $33,841
- Compensation: $132,710
- Related: $0
- Other: $14,588
- Compensation: $200,120
- Related: $0
- Other: $12,511
Where can I find the form 990 for The Seminar Network Inc?
The Seminar Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Seminar Network Inc
The Seminar Network Inc, a renowned organization, is dedicated to standing together with a thriving network of social entrepreneurs. These individuals are at the forefront of addressing the significant challenges of our time, spanning a broad range of social and economic issues. The Trust's primary mission is to empower these visionaries by granting them the necessary tools and support to amplify their impact and enhance the lives of countless people.
Moreover, The Seminar Network Inc aims to fund initiatives that delve into researching, analyzing, and disseminating insights across a diverse spectrum of broad social and economic issues. These issues are crucial to the nation's well-being and the lives of every American. By backing these initiatives, The Seminar Network Inc plays a vital role in driving positive change and fostering a more equitable society.
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Impact
October, 2024
The Seminar Network Inc plays a vital role in empowering social entrepreneurs who are addressing critical social and economic challenges. By providing essential support and resources, it enables these entrepreneurs to enhance their impact and improve the lives of individuals and communities across the nation. Through its focus on research, analysis, and advocacy, the organization contributes to a broader understanding of societal issues, fostering a network that is dedicated to creating meaningful change.
By funding initiatives that tackle diverse social and economic issues, the Seminar Network Inc not only supports the entrepreneurs directly but also seeks to publicize their findings and insights, ensuring that important discussions are held and solutions are highlighted. This approach amplifies the voices of those working on the ground, helping to shift public perception and policy around critical issues, thereby benefiting the well-being of all Americans. The combination of direct support and a commitment to education makes a significant impact on both social entrepreneurship and community advancement.
This information is meant to be a general summary of The Seminar Network 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: $166,924
- Program Service Revenue: $62,083
- Gross Receipts: $59,014,723
Assets and Liabilities:
- Total Assets: $364,746,712
- Total Liabilities: $35,656,650
- Net Assets: $329,090,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$62,083
Organization Details
Founding Year
2013
NTEE Category
Code: B99 - Education
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