Overview
What is Emtech Inc?
Emtech Inc, based in Atlanta, Georgia, operates as a library service center primarily to support Emory University and the Georgia Institute of Technology. Its mission revolves around facilitating technological and scientific advancements, promoting research activities by faculty members of these educational institutions, boosting the economy by offering opportunities for economic development and job creation, and supporting various research and educational purposes beneficial to the general public. The organization strives to enhance the knowledge base and capabilities of these institutions, ultimately contributing to the broader societal good.
Official website here: www.libraryservicecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, earning it a Two-Star out of Four Star rating.
Emtech Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. While the organization has a high program expense ratio of 98.59%, showcasing a commitment to its mission, other areas such as independent board membership and the lack of essential policies raise red flags. The absence of a conflict of interest policy and document retention policy points to potential governance weaknesses.
The organization has effectively maintained a low liability to asset ratio at 81.34%, and there are no reported material diversions of assets, which reflects positively on its financial integrity. Additionally, having a working capital ratio of 2.87 years suggests financial stability. However, the nonprofit has not demonstrated transparency in its financial reporting, as it has failed to provide financial statements, which further impacts its accountability rating.
Overall, while Emtech Inc. shows strengths in program spending and financial stability, its governance practices and lack of transparency need significant improvements. Stakeholders may wish to consider these factors when evaluating the organization's overall effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Emtech Inc legitimate?
Emtech Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emtech 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: $309,105
For more financial information, click here
Official website here: www.libraryservicecenter.org
What is the mission statement of Emtech Inc?
Emtech Inc's mission is centered around facilitating research and advancements in technology and science. They aim to support research activities conducted by faculty members in educational institutions. Furthermore, Emtech Inc strives to contribute to the economy by offering opportunities for economic development and job creation. In addition, the organization supports various research and educational purposes for the benefit of the general public, specifically those affiliated with Emory University and the Georgia Institute of Technology.
Official website here: www.libraryservicecenter.org
Who is the CEO of Emtech Inc?
Melinda Simon is the Secretary of Emtech Inc.
Official website here: www.libraryservicecenter.org
What is the revenue of Emtech Inc?
Emtech Inc's revenue in 2022 was $2,902,773.
Official website here: www.libraryservicecenter.org
Who are the executives of Emtech Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.libraryservicecenter.org
Where can I find the form 990 for Emtech Inc?
Emtech Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libraryservicecenter.org
Learn more at the official website: www.libraryservicecenter.org
Mission Statement of Emtech Inc
Emtech Inc, a nonprofit organization, is dedicated to facilitating the research and development of technologies and scientific advances. Its mission extends beyond this, as it also supports research activities by faculty members of educational institutions. The ultimate goal of Emtech Inc is to enhance the economy by providing opportunities for economic development and job creation. Furthermore, it supports any other research and educational purposes that align with the interests of Emory University or the Georgia Institute of Technology. All these efforts are geared towards benefiting the general public. In essence, Emtech Inc plays a pivotal role in fostering innovation, advancing research, and promoting economic growth for the betterment of society as a whole.
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
Emtech Inc's impact lies in facilitating research and development of technologies and scientific advances, supporting research activities by faculty at educational institutions, enhancing the economy by providing opportunities for economic development and job creation, and supporting various research and educational purposes of Emory University and the Georgia Institute of Technology, all for the benefit of the general public. Their specific focus on medical research showcases their commitment to advancing healthcare technologies and improving public health outcomes.
This information is meant to be a general summary of Emtech 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: $72
- Gross Receipts: $2,902,773
Assets and Liabilities:
- Total Assets: $30,303,858
- Total Liabilities: $25,280,069
- Net Assets: $5,023,789
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Phone
(404) 727-3556Principal Officer
Melinda Simon
Main Address
P O DRAWER A-T, ATLANTA, GA, 30322
Website
www.libraryservicecenter.orgNTEE Category
Code: H92 - Medical research
If you are a representative of Emtech 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.