Overview
What is Florida Assn For Career & Technical Education Inc?
Florida Assn For Career & Technical Education Inc, based in Tallahassee, Florida, is a nonprofit organization with a mission to promote career and technical education within the state. Their primary objective is to facilitate leadership and collaborations essential for preparing individuals to join a world-class workforce. With a small team of one employee, they strive to advocate for and advance career and technical education in Florida, contributing to the overall development of the workforce.
Official website here: www.facte.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91% (Four-Star out of Four Star rating).
The Florida Association for Career & Technical Education Inc has achieved a strong 91% rating, indicating high performance in accountability and finance. This score is particularly impressive as it is based entirely on accountability metrics, highlighting the organization's commitment to transparency and responsible financial management.
The nonprofit boasts a fully independent board of 18 members, ensuring a high level of governance. It has robust policies in place, including those for conflict of interest and whistleblowing, which further reinforce its commitment to ethical practices. Additionally, the organization demonstrates excellent financial health with a program expense ratio of 96.91%, indicating that a significant majority of its funds are directed towards its mission-driven programs.
While the overall rating is commendable, there is a noted area for improvement in the liabilities to assets ratio, which stands at 56.25%. This suggests a moderate level of liabilities relative to its assets, which may warrant closer monitoring to ensure long-term financial stability. Overall, the organization demonstrates strong accountability and effective financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Assn For Career & Technical Education Inc legitimate?
Florida Assn For Career & Technical Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Assn For Career & Technical Education 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: $49,187
For more financial information, click here
Official website here: www.facte.org
What is the mission statement of Florida Assn For Career & Technical Education Inc?
The Florida Association for Career and Technical Education Inc's mission is centered around promoting career and technical education within the state. Their goal is to facilitate the necessary leadership and partnerships that ensure the successful preparation of individuals for a globally competitive workforce. This organization strives to promote career and technical education, essential for equipping individuals with the skills needed to thrive in their chosen professions.
Official website here: www.facte.org
What is the revenue of Florida Assn For Career & Technical Education Inc?
Florida Assn For Career & Technical Education Inc's revenue in 2024 was $1,384,941.
Official website here: www.facte.org
Who are the executives of Florida Assn For Career & Technical Education Inc and what are their salaries?
The average compensation at Florida Assn For Career & Technical Education Inc during 2024 was $49,187. There is 1 employee at Florida Assn For Career & Technical Education Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.facte.org
Where can I find the form 990 for Florida Assn For Career & Technical Education Inc?
Florida Assn For Career & Technical Education Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.facte.org
Learn more at the official website: www.facte.org
Mission Statement of Florida Assn For Career & Technical Education Inc
Florida Association for Career & Technical Education Inc is committed to promoting career and technical education in the state. Their mission is to facilitate the necessary leadership and partnerships essential for the successful preparation of individuals to participate in a world-class workforce. By doing so, they aim to promote career and technical education, ensuring that individuals have the skills required to excel in their chosen fields.
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Impact
July, 2024
The Florida Association for Career & Technical Education plays a crucial role in promoting career and technical education in Florida. By facilitating leadership development and fostering partnerships, the organization helps individuals successfully prepare for participation in a world-class workforce. Through its advocacy and promotion of career and technical education, the association contributes to the enhancement of educational and vocational opportunities for individuals in Florida, ultimately shaping a more skilled and competitive workforce in the state.
This information is meant to be a general summary of Florida Assn For Career & Technical Education 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 2024.
- Investment Income: $6,627
- Program Service Revenue: $321,333
- Gross Receipts: $1,384,941
Assets and Liabilities:
- Total Assets: $958,166
- Total Liabilities: $545,982
- Net Assets: $412,184
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES AND MEETINGS
Revenue
$321,333
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
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