Overview
What is Potomac Institute For Policy Studies?
The Potomac Institute for Policy Studies is a well-established, nonpartisan, not-for-profit research institute based in Arlington, Virginia. With a team of 52 professionals, they focus on scientific technology and policy, providing academic discussions and meaningful recommendations for key issues at the intersection of business and government. Their work involves contract research and studies, strategic planning, and technical support to both federal agencies and private industry. The institute strives to identify and lead conversations on significant S&T and national security matters, ensuring the implementation of evidence-based policy solutions.
Official website here: www.potomacinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Potomac Institute for Policy Studies has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its organizational practices. The overall score of 66% suggests that while there are strengths, particularly in financial oversight and program expenses, significant gaps exist in accountability measures such as board independence and size.
Key strengths include a fully functional audit and oversight committee and robust policies regarding conflicts of interest and whistleblower protections. However, the lack of independent board members and the absence of transparency regarding financial documents on its website are notable weaknesses. Furthermore, the low score in the liabilities to assets ratio raises concerns about the organization's financial health.
In summary, while the Potomac Institute demonstrates strong program financial management, its governance structure and transparency practices require attention to enhance its accountability. Addressing these areas could improve its rating and overall impact in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Potomac Institute For Policy Studies legitimate?
Potomac Institute For Policy Studies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potomac Institute For Policy Studies 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: $868,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,950,964
For more financial information, click here
Official website here: www.potomacinstitute.org
What is the mission statement of Potomac Institute For Policy Studies?
The Potomac Institute for Policy Studies is a nonpartisan, not-for-profit organization dedicated to conducting research and studies on scientific technology and policy issues. Situated independent of any political affiliations, it serves as an academic forum for examining related policy matters. Based on factual data and evidence, this institute formulates significant policy recommendations, ensuring their implementation where science and business intersect with government.
Official website here: www.potomacinstitute.org
Who is the CEO of Potomac Institute For Policy Studies?
Gail G Clifford Cpa is the Chair of Potomac Institute For Policy Studies. The CEO's salary of Potomac Institute For Policy Studies is $319,190 and their total compensation is $339,263.
Official website here: www.potomacinstitute.org
What is the revenue of Potomac Institute For Policy Studies?
Potomac Institute For Policy Studies's revenue in 2022 was $13,330,733.
Official website here: www.potomacinstitute.org
Who are the executives of Potomac Institute For Policy Studies and what are their salaries?
The average compensation at Potomac Institute For Policy Studies during 2022 was $92,677. There are 52 employees at Potomac Institute For Policy Studies.
Here are 13 key members and their salaries (Potomac Institute For Policy Studies's CEO's salary is $319,190 and their total compensation is $339,263):
- Compensation: $151,000
- Related: $0
- Other: $0
- Compensation: $319,190
- Related: $0
- Other: $20,073
- Compensation: $272,056
- Related: $0
- Other: $29,994
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $59,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $189,087
- Related: $0
- Other: $38,585
- Compensation: $203,822
- Related: $0
- Other: $35,741
- Compensation: $176,114
- Related: $0
- Other: $9,417
- Compensation: $178,153
- Related: $0
- Other: $18,398
- Compensation: $233,529
- Related: $0
- Other: $31,233
Official website here: www.potomacinstitute.org
Where can I find the form 990 for Potomac Institute For Policy Studies?
Potomac Institute For Policy Studies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.potomacinstitute.org
Learn more at the official website: www.potomacinstitute.org
Mission Statement of Potomac Institute For Policy Studies
The Potomac Institute for Policy Studies is a nonpartisan, not-for-profit organization dedicated to conducting scientific technology and policy research. Established as an independent entity, this institute identifies and spearheads discussions on crucial S&T and national security issues, acting as an academic forum for examining related policy matters. Based on solid data and evidence, the Potomac Institute formulates meaningful policy recommendations and facilitates their implementation where business and government intersect.
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Impact
October, 2024
The Potomac Institute For Policy Studies plays a significant role in shaping scientific and technological policies that impact both federal government operations and private industry initiatives. By facilitating contract research and conducting studies on science and technology policy, the Institute supports strategic planning and technical evaluation efforts.
Located in Arlington, Virginia, the Institute is dedicated to identifying and leading discussions on critical science and technology issues, particularly those intersecting with national security concerns. Through its independent and nonpartisan approach, the Potomac Institute offers an academic forum for analyzing and addressing pressing policy issues.
By leveraging data and evidence, the Institute provides meaningful policy recommendations tailored to meet the needs of society. Its work fosters collaboration between business and government, ensuring that sound policies are both developed and implemented effectively to address contemporary challenges in the science and technology landscape.
This information is meant to be a general summary of Potomac Institute For Policy Studies. 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: $2,727
- Program Service Revenue: $13,302,140
- Gross Receipts: $13,330,733
Assets and Liabilities:
- Total Assets: $22,233,192
- Total Liabilities: $17,493,744
- Net Assets: $4,739,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT FEES
Revenue
$13,232,438
EDUCATION PROGRAMS
Revenue
$46,319
NAVIGATOR/MEMBERSHIP
Revenue
$23,383
Organization Details
Founding Year
1994
Phone
(703) 525-0770Principal Officer
Gail G Clifford Cpa
Main Address
901 NORTH STUART STREET 1200, ARLINGTON, VA, 22203
Website
www.potomacinstitute.orgNTEE Category
Code: Z99 - Unknown
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