nonprofit logo

National Center For Advanced Technologies Inc

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

EIN: 521625043 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is National Center For Advanced Technologies Inc?

National Center For Advanced Technologies Inc, established as a non-profit research and education foundation, acts as a bridge between government, industry, and academia. Its mission is to foster cooperative efforts in technology development. Initially, the organization focused on publishing national strategic plans for technology development under the Key Technologies for the Year 2000 program. Upon completion of this project in 1992, National Center For Advanced Technologies Inc shifted its focus to affordability initiatives, aiming to address challenges that span traditional boundaries between government, industry, and academia. One of their notable projects is the America Rocketry Challenge, an annual event sponsored by the Aerospace Industries Association and the National Association of Rocketry, aimed at promoting STEM education and building a strong U.S. workforce.

Is National Center For Advanced Technologies Inc legitimate?

National Center For Advanced Technologies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Center For Advanced Technologies 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: $60,074

For more financial information, click here

What is the mission statement of National Center For Advanced Technologies Inc?

The National Center for Advanced Technologies Inc., established as a non-profit research and education foundation, serves as a bridge between government, industry, and academia. Its primary goal is to encourage cooperative efforts in technology development. Initially, NCAT focused on creating national strategic plans for technology development under the Umbrella Program Key Technologies for the Year 2000. Upon completion of this program in 1992, the organization shifted its focus towards affordability initiatives, which often transcend the conventional boundaries between government, industry, and academia.

Who is the CEO of National Center For Advanced Technologies Inc?

Eric Fanning is the Chairman of National Center For Advanced Technologies Inc.

What is the revenue of National Center For Advanced Technologies Inc?

National Center For Advanced Technologies Inc's revenue in 2022 was $381,250.

Who are the executives of National Center For Advanced Technologies Inc and what are their salaries?


Here are 5 key members and their salaries:


Eric Fanning (Chairman)
  • Compensation: $0
  • Related: $1,552,091
  • Other: $31,706
Saravanan Shanmuganathan (President)
  • Compensation: $0
  • Related: $333,697
  • Other: $42,639
Joseph Ritchie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Sdunaway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Schwartz (Secretary)
  • Compensation: $0
  • Related: $90,380
  • Other: $15,404
Where can I find the form 990 for National Center For Advanced Technologies Inc?

National Center For Advanced Technologies Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of National Center For Advanced Technologies Inc

The National Center for Advanced Technologies (NCAT) was established as a non-profit research and education foundation with a mission to serve as a bridge between government, industry, and academia. Its purpose was to encourage collaborative efforts in technology development. During its initial years, NCAT focused on the development and publication of eight national strategic plans for technology development under the umbrella program, Key Technologies for the Year 2000. Upon completion of this program in 1992, NCAT shifted its focus towards affordability initiatives. These initiatives transcended the conventional boundaries between government, industry, and academia.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The National Center for Advanced Technologies Inc (NCAT) plays a crucial role in fostering collaboration among government, industry, and academia to drive innovation and technology development. By bridging these sectors, NCAT facilitates cooperative efforts that enhance research and educational initiatives, particularly in the fields of science, technology, engineering, and mathematics (STEM).

One of NCAT's flagship programs, the America Rocketry Challenge (ARC), serves as a significant catalyst for inspiring student engagement in aerospace and defense. As the world's largest student rocket competition, ARC not only nurtures future talent but also aligns with the industry's broader strategy to strengthen the U.S. workforce in STEM disciplines. Since its inception in 2002, the program has expanded from a one-time celebration to a highly anticipated annual event, demonstrating its effectiveness in attracting a diverse range of participants.

Additionally, NCAT's commitment to developing and publishing national strategic plans for technology development underscores its impact on shaping policies and initiatives that promote affordability and innovation. By initiating and supporting projects that transcend traditional boundaries, NCAT contributes to a cohesive approach to technological advancement that benefits society as a whole. Overall, NCAT's multifaceted initiatives foster an educated and skilled workforce while driving technological progress.




This information is meant to be a general summary of National Center For Advanced Technologies 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
$381,250 (2022)
Expenses
$364,254 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $381,250

Assets and Liabilities:

  • Total Assets: $779,358
  • Total Liabilities: $352,406
  • Net Assets: $426,952

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1989

Principal Officer

Eric Fanning

Main Address

1000 WILSON BLVD 1700, ARLINGTON, VA, 222093928

NTEE Category

Code: Q430 - International

If you are a representative of National Center For Advanced Technologies Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.