Overview
What is Noiz Ivy Inc?
Noiz Ivy Inc., based in Manorville, New York, is a nonprofit organization with a mission to foster Science, Technology, Engineering, Arts, and Mathematics (STEM) education and entrepreneurial learning within local communities. They achieve this through the use of technology and peer-to-peer exchange models. In 2021, they reached over 50,000 students between the ages of 7 and 17, offering programs in coding, game development, website and app creation, virtual reality, and robotics, both in schools and public libraries, as well as at universities. Their activities aim to empower students to develop new products, services, and educational programs, bridging the gap between open-source technology and personal opportunities. With a team of nine dedicated individuals, Noiz Ivy Inc. is committed to making a positive impact on the lives of young learners.
Official website here: www.noizivy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Noiz Ivy Inc has received a 69% rating from Charity Navigator, which reflects a Two-Star status. This score indicates that while the organization shows some strengths in its financial management, there are significant areas for improvement, particularly in accountability and transparency measures.
The nonprofit has a strong program expense ratio of 82.27%, indicating that a large portion of its budget is directed towards its programs. Additionally, it has demonstrated sound financial practices with no material diversions of assets and a healthy liabilities to assets ratio of 31.97%. However, the organization lacks independent board members, which raises concerns about governance and oversight.
Moreover, there are critical gaps in the organization's policies, including missing conflict of interest, whistleblower, and document retention policies. Furthermore, the tax form is not posted on the nonprofit's website as required, which could hinder transparency and public trust. Addressing these shortcomings will be essential for Noiz Ivy Inc to improve its rating and foster greater accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Noiz Ivy Inc legitimate?
Noiz Ivy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noiz Ivy 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,584
For more financial information, click here
Official website here: www.noizivy.org
What is the mission statement of Noiz Ivy Inc?
Noiz Ivy Inc's mission is to stimulate Science, Technology, Engineering, Arts, and Mathematics (STEM) education and entrepreneurial learning within local communities. They achieve this by leveraging technology and peer-to-peer exchange models. The organization's main objective is to broaden opportunities for the creation of new products, services, and educational programs. Noiz Ivy Inc operates at the intersection of open source and individual potential, fostering an understanding of how data-driven tools can impact people's lives.
Official website here: www.noizivy.org
Who is the CEO of Noiz Ivy Inc?
Devon Loffreto is the President of Noiz Ivy Inc.
Official website here: www.noizivy.org
What is the revenue of Noiz Ivy Inc?
Noiz Ivy Inc's revenue in 2022 was $2,010,806.
Official website here: www.noizivy.org
Who are the executives of Noiz Ivy Inc and what are their salaries?
The average compensation at Noiz Ivy Inc during 2022 was $57,732. There are 9 employees and 34 volunteers at Noiz Ivy Inc.
Here are 2 key members and their salaries:
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
Official website here: www.noizivy.org
Where can I find the form 990 for Noiz Ivy Inc?
Noiz Ivy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.noizivy.org
Learn more at the official website: www.noizivy.org
Mission Statement of Noiz Ivy Inc
Noiz Ivy Inc, a nonprofit organization, is committed to empowering Science, Technology, Engineering, Arts, and Mathematics (STEM) education and entrepreneurial learning within local communities. They achieve this goal by leveraging technology and peer-to-peer exchange models. By doing so, the organization aims to broaden access to the creation of new products, services, and educational programs. Noiz Ivy Inc operates at the intersection of open-source principles and personal opportunity, helping individuals comprehend the potential impact that data-driven tools can have on their lives. The organization's mission is to foster an environment where community members can collaborate, innovate, and learn, ultimately promoting the growth and development of STEM-related skills and enterprises.
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
July, 2024
Noiz Ivy Inc's impact is significant in empowering Science, Technology, Engineering, Arts, and Mathematics education and entrepreneurial learning within local communities. In 2021, the organization reached over 50,000 students aged 7-17 in Virginia and New York through entrepreneurial ed-tech programs. These programs provided opportunities for students to learn coding, game development, website creation, app development, virtual reality, and robotics.
By offering technology classes, events, and software, Noiz Ivy Inc is actively expanding access to the development of new products, services, and educational programs. The organization operates at the intersection of open source and personal opportunity, helping individuals grasp the impact that data-tools can have on their lives. Through its work, Noiz Ivy Inc is making a tangible difference in promoting education, technology, and entrepreneurship in local communities.
This information is meant to be a general summary of Noiz Ivy 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 2022.
- Investment Income: $6,646
- Program Service Revenue: $2,004,160
- Gross Receipts: $2,010,806
Assets and Liabilities:
- Total Assets: $3,829,713
- Total Liabilities: $1,224,504
- Net Assets: $2,605,209
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract revenue
Revenue
$2,000,694
Program Income
Revenue
$3,466
Organization Details
Founding Year
2001
Phone
(540) 999-8729Principal Officer
Devon Loffreto
Main Address
486 Wading River Road, Manorville, NY, 11949
Website
www.noizivy.orgNTEE Category
Code: B99 - Education
If you are a representative of Noiz Ivy 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.