Overview
What is Delaware Aerospace Education Foundation?
The Delaware Aerospace Education Foundation, based in Bear, Delaware, is a nonprofit organization dedicated to inspiring and educating individuals in the Delaware Valley and surrounding areas on topics related to science, space, technology, engineering, earth's environment, and mathematics (STEM). Their programs, driven by the belief that "wisdom begins with wonder," enrich the learning process by incorporating problem-solving activities and promoting skills like responsible decision-making, leadership, teamwork, critical thinking, and communication. The foundation is currently involved in a capital initiative to construct the Innovation Technology Exploration Center (ITEC), a unique facility in Kent County, Delaware, focused on responsible technology use and stewardship of the planet's resources. As of December 31, 2022, approximately $13.8 million has been invested in the project, with $12.1 million allocated for construction and $1.8 million utilized for environmental outposts and infrastructure. With a workforce of 27 individuals, the Delaware Aerospace Education Foundation strives to improve quality of life by advocating for STEM education, the environment, and workforce development.
Official website here: www.dasef.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Delaware Aerospace Education Foundation has achieved an 88% score, reflecting strong performance in accountability and finance. With a high percentage of independent board members and a solid structure for financial oversight, the organization demonstrates effective governance and transparency. This rating indicates that the foundation is committed to responsible financial practices, as evidenced by their impressive ratios concerning liabilities and program expenses.
Strengths of the organization include a well-established independent board and comprehensive financial statements that have undergone proper audit processes. The absence of any material diversion of assets further cements its reputation for financial integrity. However, the organization does have some areas for improvement, such as the absence of a whistleblower policy and document retention strategies, which were noted as missing in their governance practices.
Overall, the foundation shows a strong commitment to its educational mission, with a significant portion of its expenses directed towards programs rather than administrative costs. While the missing policies suggest a need for enhanced governance practices, the solid financial standing and independent oversight provide a favorable outlook for its future operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Delaware Aerospace Education Foundation?
While the Delaware Aerospace Education Foundation currently lacks a rating due to the limited number of reviews, the available feedback suggests a predominantly positive sentiment toward the organization. One review expresses enthusiasm for the experience, indicating that visitors appreciate what DASEF has to offer, although it’s mixed with a lack of explicit recommendation.
It seems that while one user enjoyed their time, they chose not to recommend it, which might hint at areas for improvement or simply personal preferences. The feedback does not provide enough detail to draw broader conclusions about the foundation's programs or services.
Overall, while there is an initial sense of enjoyment surrounding the experience, further reviews would help clarify the general user sentiment and how well the nonprofit engages its audience.
This AI summary has been generated from reviews found on Facebook.
Is Delaware Aerospace Education Foundation legitimate?
Delaware Aerospace Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Aerospace Education Foundation 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,993
For more financial information, click here
Official website here: www.dasef.org
What is the mission statement of Delaware Aerospace Education Foundation?
The Delaware Aerospace Education Foundation's mission is centered around inspiring and educating individuals in the Delaware Valley and its surrounding area about science, space, technology, engineering, environment, and mathematics (STEM). They achieve this goal through various means, including academies, educational programs, professional development, special events, and the utilization of their donated resources. The foundation strives to enhance people's lives by advocating for STEM education, environmental conservation, and workforce development.
Official website here: www.dasef.org
Who is the CEO of Delaware Aerospace Education Foundation?
Stephanie M G Wright is the President/Ceo of Delaware Aerospace Education Foundation. The CEO's salary of Delaware Aerospace Education Foundation is $10,000 and their total compensation is $10,000.
Official website here: www.dasef.org
What is the revenue of Delaware Aerospace Education Foundation?
Delaware Aerospace Education Foundation's revenue in 2022 was $2,278,636.
Official website here: www.dasef.org
Who are the executives of Delaware Aerospace Education Foundation and what are their salaries?
The average compensation at Delaware Aerospace Education Foundation during 2022 was $1,889. There are 27 employees and 35 volunteers at Delaware Aerospace Education Foundation.
Here are 12 key members and their salaries (Delaware Aerospace Education Foundation's CEO's salary is $10,000 and their total compensation is $10,000):
- Compensation: $10,000
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- Other: $0
Official website here: www.dasef.org
Where can I find the form 990 for Delaware Aerospace Education Foundation?
Delaware Aerospace Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dasef.org
Learn more at the official website: www.dasef.org
Mission Statement of Delaware Aerospace Education Foundation
The Delaware Aerospace Education Foundation, or DASEF, is dedicated to inspiring and educating individuals in the Delaware Valley and surrounding areas about crucial subjects such as science, space, technology, engineering, earth's environment, and mathematics. This non-profit organization achieves its mission through various means, including academies, educational programs, professional development, special events, and the utilization of its numerous donated resources. By doing so, DASEF aims to enhance the quality of life in the community by advocating for STEM education, environmental awareness, and workforce strengthening. The foundation's ultimate objective is to stimulate curiosity and foster a deeper understanding of these essential disciplines, ultimately contributing to a more informed and engaged society.
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Impact
July, 2024
Delaware Aerospace Education Foundation's impact is profound in inspiring and educating the people of the Delaware Valley and surrounding areas in learning about science, space, technology, engineering, earth's environment, and mathematics. Through their various programs and initiatives, they aim to enrich the applied learning process for participants, teaching crucial skills such as responsible decision-making, leadership, teamwork, critical and creative thinking, communication, and listening skills.
One of their key projects is the Innovation Technology Exploration Center (ITEC), a unique facility in Kent County, Delaware, that embodies responsible use of technology and stewardship of the planet and its resources. By capitalizing on natural curiosity and providing hands-on activities with a problem-solving component, DASEF is making a significant impact in promoting STEM education, environmental awareness, and strengthening the workforce in the region.
This information is meant to be a general summary of Delaware Aerospace Education Foundation. 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.
- Investment Income: $4,505
- Program Service Revenue: $80,789
- Gross Receipts: $2,278,636
Assets and Liabilities:
- Total Assets: $16,349,627
- Total Liabilities: $187,061
- Net Assets: $16,162,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$80,789
Organization Details
Founding Year
1990
Phone
(302) 834-1369Principal Officer
Stephanie M G Wright
Main Address
5 ESSEX DRIVE, BEAR, DE, 197011602
Website
www.dasef.orgNTEE Category
Code: B90 - Education
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