Overview
What is Institute For Tropical Ecology And Conservation Inc?
The Institute for Tropical Ecology and Conservation Inc, based in Gainesville, Florida, is a nonprofit organization committed to providing educational opportunities. Their mission encompasses offering college-level field courses to around 200 students annually at their field station in Bocas del Toro, Panama. These courses are also extended to visiting schools and universities. The primary objective of the Institute is to offer study abroad experiences in the field of ecology, research, conservation, and community service. They provide facilities for long-term biological research in terrestrial, freshwater, and marine ecosystems, and contribute to the conservation of these resources. Furthermore, the Institute serves the local community by establishing educational programs and workshops on environmental awareness and resource conservation.
Official website here: www.itec-edu.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 76%, Three-Star out of Four Star rating
The Institute for Tropical Ecology and Conservation Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based entirely on accountability and finance metrics, indicating a strong emphasis on financial transparency and responsible management of resources. The organization demonstrates excellent performance in several areas, such as having a fully independent board and a high program expense ratio of nearly 90%, which implies that a significant portion of its funds supports its mission-related activities.
However, there are some concerns noted in the evaluation. The organization lacks certain policies that are considered best practices for nonprofit governance, specifically a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. The absence of these policies may raise questions regarding the organization’s commitment to transparency and accountability in its operations.
Despite these limitations, the Institute for Tropical Ecology and Conservation Inc maintains a solid financial standing with no material diversion of assets and a favorable liabilities to assets ratio. Overall, while the nonprofit excels in financial management and operational independence, enhancing its governance policies could further strengthen its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Tropical Ecology And Conservation Inc legitimate?
Institute For Tropical Ecology And Conservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Tropical Ecology And Conservation 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: $3,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.itec-edu.org
What is the mission statement of Institute For Tropical Ecology And Conservation Inc?
The Institute for Tropical Ecology and Conservation Inc is dedicated to offering study abroad opportunities for college and high school students in the field of ecology, research, conservation, and community service. Their mission is threefold: first, they provide educational and research experiences to undergraduate, graduate, and post-graduate students. Second, they offer facilities for long-term biological research in various terrestrial, freshwater, and marine ecosystems. Lastly, they operate programs for the conservation of terrestrial and marine resources and serve the local community by establishing educational programs and workshops on environmental awareness and resource conservation.
Official website here: www.itec-edu.org
Who is the CEO of Institute For Tropical Ecology And Conservation Inc?
Peter Lahanas is the Executive Director of Institute For Tropical Ecology And Conservation Inc.
Official website here: www.itec-edu.org
What is the revenue of Institute For Tropical Ecology And Conservation Inc?
Institute For Tropical Ecology And Conservation Inc's revenue in 2021 was $3,046,586.
Official website here: www.itec-edu.org
Who are the executives of Institute For Tropical Ecology And Conservation Inc and what are their salaries?
There 3 volunteers at Institute For Tropical Ecology And Conservation Inc.
Here are 7 key members and their salaries:
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- Compensation: $1,800
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- Compensation: $540
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Official website here: www.itec-edu.org
Where can I find the form 990 for Institute For Tropical Ecology And Conservation Inc?
Institute For Tropical Ecology And Conservation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.itec-edu.org
Learn more at the official website: www.itec-edu.org
Mission Statement of Institute For Tropical Ecology And Conservation Inc
The Institute for Tropical Ecology and Conservation Inc is dedicated to offering study abroad opportunities for college and high school students, primarily focusing on the field of ecology, research, conservation, and community service. This nonprofit organization's mission is multifaceted, aiming to provide undergraduate, graduate, and post-graduate students with a tropical field educational and research experience. Beyond this, the Institute also offers facilities for long-term biological research in various ecosystems, including terrestrial, freshwater, and marine environments.
In addition to its research-focused initiatives, the Institute for Tropical Ecology and Conservation Inc is committed to the conservation of both terrestrial and marine resources. They operate various programs with this goal in mind, striving to preserve these valuable resources for future generations. Furthermore, the Institute serves its local community by establishing educational programs and workshops on environmental awareness and resource conservation. This approach allows the organization to empower its local population with the knowledge and skills necessary to protect their environment and promote sustainable practices.
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Impact
July, 2024
The Institute For Tropical Ecology And Conservation Inc's impact lies in providing study abroad opportunities to college and high school students in the area of field ecology, research, conservation, and community service. They teach college-level field courses to cover around 200 students at their field station in Bocas del Toro, Panama. By offering these educational programs, ITEC contributes to the education and training of undergraduate, graduate, and post-graduate students in tropical field research and conservation. Additionally, ITEC operates programs for the conservation of terrestrial and marine resources, and serves the local community by establishing educational programs and workshops on environmental awareness and resource conservation. Through these initiatives, ITEC plays a crucial role in fostering environmental stewardship and promoting conservation efforts.
This information is meant to be a general summary of Institute For Tropical Ecology And Conservation 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 2021.
- Investment Income: $3
- Program Service Revenue: $26,120
- Gross Receipts: $3,046,586
Assets and Liabilities:
- Total Assets: $3,513,660
- Total Liabilities: $22,316
- Net Assets: $3,491,344
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$26,120
Organization Details
Founding Year
1997
Phone
(352) 367-9128Principal Officer
Peter Lahanas
Main Address
2911 NW 40TH PLACE, GAINESVILLE, FL, 32605
Website
www.itec-edu.orgNTEE Category
Code: B43 - Education
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