Overview
What is Nitroaa?
Nitroaa is a nonprofit organization, specifically supporting the National Institute of Technology, Rourkela. Their primary goal is to improve the educational and social well-being of the institution's alumni, current students, and faculty. They achieve this by offering direct financial assistance, scholarships, or knowledge exchange opportunities as needed. Recently, they disbursed a grant to the National Institute of Technology, Rourkela, and provided financial support for a student. Nitroaa's activities are centered around enhancing the overall welfare of their community, contributing to the growth and development of their alma mater.
Official website here: www.nitroaa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Nitroaa has achieved an outstanding score of 100%, indicating a high level of accountability and financial health. The rating is based entirely on the organization's performance in these areas, with a significant emphasis on its independent oversight and transparency. With a completely independent board comprising 12 members, Nitroaa demonstrates strong governance practices that contribute to its overall effectiveness.
The organization excels in maintaining a clean financial slate, evidenced by a 0.00% liabilities to assets ratio and an exceptional program expense ratio of 98.59%. This indicates that nearly all of its resources are directed towards its mission-related activities, ensuring that donor contributions are utilized effectively for maximum impact. Additionally, Nitroaa has established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, further reinforcing its commitment to ethical standards.
Overall, Nitroaa stands out as a well-managed nonprofit that prioritizes transparency, accountability, and a strategic allocation of resources. Its strong financial practices and governance structures provide a solid foundation for sustainable growth and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is Nitroaa legitimate?
Nitroaa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nitroaa 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.
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Official website here: www.nitroaa.org
What is the mission statement of Nitroaa?
Nitroaa's mission is centered around enhancing the educational and social well-being of various stakeholders associated with the National Institute of Technology, Rourkela. This includes alumni, current students, and faculty. They aim to achieve this by providing direct assistance, scholarships, or opportunities for knowledge exchange as necessary. Additionally, Nitroaa has disbursed financial support to the National Institute of Technology, Rourkela through a grant and has also offered financial aid to a student.
Official website here: www.nitroaa.org
Who is the CEO of Nitroaa?
Susanta Kumar Jena is the Member of Nitroaa.
Official website here: www.nitroaa.org
What is the revenue of Nitroaa?
Nitroaa's revenue in 2022 was $98,280.
Official website here: www.nitroaa.org
Who are the executives of Nitroaa and what are their salaries?
There 40 volunteers at Nitroaa.
Here are 12 key members and their salaries:
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Official website here: www.nitroaa.org
Where can I find the form 990 for Nitroaa?
Nitroaa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nitroaa.org
Learn more at the official website: www.nitroaa.org
Mission Statement of Nitroaa
Nitroaa, an organization dedicated to enhancing the educational and social well-being, aims to provide direct assistance, scholarships, and knowledge exchange opportunities to its primary stakeholders: alumni, current students, faculty, and the National Institute of Technology in Rourkela. By doing so, Nitroaa seeks to contribute positively to the overall development of these groups, ultimately benefiting the institute as a whole. To accomplish this mission, Nitroaa has disbursed financial support to the National Institute of Technology, Rourkela, through a grant to the organization, and has also provided financial aid to a student directly. This multi-faceted approach allows Nitroaa to foster a supportive environment that encourages learning, growth, and collaboration among its various constituents.
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Impact
October, 2024
Nitroaa significantly enhances the educational and social well-being of alumni, current students, faculty, and the National Institute of Technology, Rourkela. Through direct financial support, including grants to the institution and scholarships for students, Nitroaa provides essential resources that facilitate academic success and foster a thriving community. These contributions not only alleviate financial burdens on individuals but also empower them through knowledge exchange opportunities. By bridging gaps in education and supporting the alma mater, Nitroaa plays a vital role in nurturing talent and promoting a culture of continuous learning and collaboration.
This information is meant to be a general summary of Nitroaa. 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.
- Program Service Revenue: $10,199
- Gross Receipts: $98,280
Assets and Liabilities:
- Total Assets: $200,963
- Total Liabilities: $17
- Net Assets: $200,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$10,199
Organization Details
Founding Year
2014
Phone
(682) 365-9150Principal Officer
Susanta Kumar Jena
Main Address
5194 TIMBER BLUFF LN, FRISCO, TX, 75034
Website
www.nitroaa.orgNTEE Category
Code: B84 - Education
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