Overview
What is American Traffic Safety Services Foundation Inc?
American Traffic Safety Services Foundation Inc is a charitable organization situated in Fredericksburg, Virginia. Their primary mission is to advocate for and enhance traffic safety through educational giving programs. One of their significant initiatives is the Roadway Worker Memorial Scholarship Program, which provides financial assistance for post-secondary education to the children or spouses of roadway workers who have been killed or permanently disabled while working in work zones, including mobile operations and the installation of roadway safety features. Scholarships range from $2,000 to $10,000. The Foundation's broader objective is to promote roadway safety through charitable giving and public awareness campaigns.
Official website here: www.atssa.com/thefoundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (74%, Two-Star out of Four Star rating)
The American Traffic Safety Services Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that there are areas of concern regarding its accountability and financial management. While the organization shows strong performance in leadership and adaptability, scoring 100 in these categories, its accountability and finance score is notably lower at 56. This suggests potential weaknesses in financial oversight and resource management.
One of the foundation's strengths lies in its culture and community engagement, also rated at 100. The organization boasts a high percentage of independent board members (89%) and demonstrates sound policies regarding conflict of interest and whistleblower protections. However, the financial ratios raise concerns, particularly the liabilities to assets ratio at nearly 20% and a program expense ratio of just under 38%, which may indicate that a significant portion of funds is not being allocated towards direct program expenses.
On a positive note, the foundation excels in its impact evaluation and collection of feedback, both rated at 100. This reflects a robust process for assessing the effectiveness of its programs and incorporating stakeholder input into its operations. Despite its strengths, the organization must address its financial management issues to improve its overall rating and ensure sustainability for its mission in traffic safety advocacy.
This AI summary has been generated from information found on Charity Navigator.
Is American Traffic Safety Services Foundation Inc legitimate?
American Traffic Safety Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Traffic Safety Services Foundation 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: $161,513
For more financial information, click here
Official website here: www.atssa.com/thefoundation
What is the mission statement of American Traffic Safety Services Foundation Inc?
The American Traffic Safety Services Foundation Inc's mission is centered around promoting and enhancing the traffic safety industry. They achieve this objective through educational giving programs and public awareness campaigns. The foundation's primary goal is to promote roadway safety, and it achieves this goal by executing charitable giving and public awareness programs. One of their significant initiatives is the Roadway Worker Memorial Scholarship Program, which provides financial assistance for post-secondary education to the children or spouses of roadworkers who have been killed or permanently disabled on the job, including work zones, mobile operations, and the installation of roadway safety features. Scholarships range from $2,000 to $10,000.
Official website here: www.atssa.com/thefoundation
Who is the CEO of American Traffic Safety Services Foundation Inc?
Stacy Tetschner is the Treasurer of American Traffic Safety Services Foundation Inc.
Official website here: www.atssa.com/thefoundation
What is the revenue of American Traffic Safety Services Foundation Inc?
American Traffic Safety Services Foundation Inc's revenue in 2022 was $545,724.
Official website here: www.atssa.com/thefoundation
Who are the executives of American Traffic Safety Services Foundation Inc and what are their salaries?
There 19 volunteers at American Traffic Safety Services Foundation Inc.
Here are 20 key members and their salaries:
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- Related: $219,585
- Other: $46,023
Official website here: www.atssa.com/thefoundation
Where can I find the form 990 for American Traffic Safety Services Foundation Inc?
American Traffic Safety Services Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atssa.com/thefoundation
Learn more at the official website: www.atssa.com/thefoundation
Mission Statement of American Traffic Safety Services Foundation Inc
The American Traffic Safety Services Foundation, in its mission, aims to boost and enhance the traffic safety industry through charitable giving and public awareness programs. This nonprofit organization, known as The Foundation, is committed to promoting roadway safety by implementing charitable initiatives and spreading public awareness.
One of the key ways The Foundation accomplishes its mission is through its Roadway Worker Memorial Scholarship Program. This program provides financial assistance for post-high school education to the children or spouses of roadway workers who have been killed or permanently disabled while working in zones, including mobile operations and the installation of roadway safety features. Scholarships range from $2,000 to $10,000, providing a much-needed financial boost to the families of these dedicated workers. By offering this program, The Foundation is not only supporting the education of the next generation but also honoring the memory of those who have lost their lives or been injured while working to ensure our roadways are safe.
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Impact
July, 2024
American Traffic Safety Services Foundation Inc's impact is significant in promoting and enhancing the traffic safety industry through its educational giving programs. One key initiative is the Roadway Worker Memorial Scholarship Program, which provides assistance for post-high school education to the children or spouses of roadway workers who were killed or permanently disabled in work zones. Scholarships range from $2,000 to $10,000, helping support those affected by such tragedies and investing in their future. Through these efforts, the foundation plays a crucial role in supporting the families and individuals impacted by work zone accidents while also fostering education within the industry.
This information is meant to be a general summary of American Traffic Safety Services Foundation 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: $3,529
- Program Service Revenue: $8,550
- Gross Receipts: $662,051
Assets and Liabilities:
- Total Assets: $1,328,584
- Total Liabilities: $265,209
- Net Assets: $1,063,375
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORK ZONE MEM. FREIGHT
Revenue
$8,550
Organization Details
Founding Year
1988
Phone
(640) 368-1701Principal Officer
Stacy Tetschner
Main Address
15 RIVERSIDE PARKWAY 100, FREDERICKSBURG, VA, 22406
Website
www.atssa.com/thefoundationNTEE Category
Code: B00I - Education
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