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The Abigail Adams Institute Inc

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

EIN: 471495965 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Abigail Adams Institute Inc?

The Abigail Adams Institute Inc, situated in Cambridge, Massachusetts, is a nonprofit organization that focuses on fostering scholarship, instruction, and debate. They accomplish this by organizing seminars, conferences, and colloquia. Furthermore, they fund scholarly research, offer resources to student organizations, and contribute to various educational forums. Their mission is to explore the connections between specialized academic disciplines and their impact on self-understanding and the greater good. With a modest team of 13 individuals, they work diligently to support and promote intellectual discourse.


Official website here: www.abigailadamsinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating from Charity Navigator.

The Abigail Adams Institute Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards of accountability and finance. This score is derived entirely from its impressive performance in the Accountability & Finance category, where it scored 92%. Such a rating indicates that the organization operates with a high level of transparency and effective financial management.

Key strengths of the organization include a fully independent board, with all members meeting the criteria for independence, and a commendable program expense ratio of 88.49%, which demonstrates a strong focus on utilizing funds for its mission-related activities. Additionally, the institute has a very low liabilities to assets ratio, indicating robust financial health and minimal debt.

While the organization excels in financial transparency and governance policies, it is important for potential donors and stakeholders to consider how these strengths translate into overall program effectiveness and impact. There is no information available on specific program outcomes or community feedback, which may provide a fuller picture of the organization's effectiveness in fulfilling its mission.


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

Is The Abigail Adams Institute Inc legitimate?

The Abigail Adams Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Abigail Adams Institute 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: $159,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,939

For more financial information, click here


Official website here: www.abigailadamsinstitute.org

What is the mission statement of The Abigail Adams Institute Inc?

The Abigail Adams Institute Inc's mission is centered around supporting scholarly activities, instruction, and debates. Specifically, their goal is to explore the interconnections between various academic disciplines and their impact on personal understanding and societal wellbeing. In pursuit of this mission, they organize seminars, conferences, fund research, provide resources for student organizations, and host a variety of colloquia.


Official website here: www.abigailadamsinstitute.org

Who is the CEO of The Abigail Adams Institute Inc?

Danilo Petranovich is the Director of The Abigail Adams Institute Inc.


Official website here: www.abigailadamsinstitute.org

What is the revenue of The Abigail Adams Institute Inc?

The Abigail Adams Institute Inc's revenue in 2023 was $5,395,604.


Official website here: www.abigailadamsinstitute.org

Who are the executives of The Abigail Adams Institute Inc and what are their salaries?

The average compensation at The Abigail Adams Institute Inc during 2023 was $30,057. There are 13 employees at The Abigail Adams Institute Inc.


Here are 8 key members and their salaries:


Danilo Petranovich (Director)
  • Compensation: $159,808
  • Related: $0
  • Other: $0
Thalia Considine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Marcucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bednar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Lopez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William English (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Tellez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Kingley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abigailadamsinstitute.org

Where can I find the form 990 for The Abigail Adams Institute Inc?

The Abigail Adams Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.abigailadamsinstitute.org

Learn more at the official website: www.abigailadamsinstitute.org

Mission Statement of The Abigail Adams Institute Inc

The Abigail Adams Institute Inc is committed to promoting scholarship, instruction, and debate on the interconnections between specialized academic disciplines and their influences on self-awareness and the collective good. This nonprofit organization strives to foster intellectual discourse by organizing seminars, conferences, funding research, supplying resources to student organizations, and convening various colloquia. By engaging in these activities, The Abigail Adams Institute Inc aims to stimulate thoughtful discussions and contribute to a deeper understanding of the relevance of academic disciplines in shaping personal perspectives and societal values.

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Impact




July, 2024

The Abigail Adams Institute Inc fosters interdisciplinary scholarship, instruction, and debate to promote self-understanding and the common good. Through seminars, conferences, funding for research, and resources for student organizations, the Institute's impact extends to enriching academic discourse and fostering critical thinking. Located in Cambridge, MA, its mission to support the interrelationship of academic disciplines serves to advance education and intellectual dialogue.




This information is meant to be a general summary of The Abigail Adams Institute 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
$5,395,604 (2023)
Expenses
$3,026,375 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $355,768
  • Program Service Revenue: $28,233
  • Gross Receipts: $5,395,604

Assets and Liabilities:

  • Total Assets: $7,729,504
  • Total Liabilities: $156,203
  • Net Assets: $7,573,301

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Fees

Revenue

$28,233

Organization Details

Founding Year

2014

Principal Officer

Danilo Petranovich

Main Address

14 Arrow Street STE G10, Cambridge, MA, 02138

NTEE Category

Code: B82 - Education

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