Overview
What is Florida Atlantic University Research Corporation Inc?
Florida Atlantic University Research Corporation Inc, situated in Boca Raton, Florida, serves as a catalyst for research advancements within Florida Atlantic University. Their primary mission involves promoting, encouraging, and offering assistance to the research activities of the university's faculty, staff, and students. This assistance often results from the income derived from or related to the use, development, and application of university work. The organization's commitment to academic research contributes to the broader academic community and potentially unlocks new discoveries and innovations.
Official website here: www.fau.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Florida Atlantic University Research Corporation Inc has achieved an impressive rating of 97% from Charity Navigator, highlighting its strong performance in accountability and finance. The organization’s score is derived entirely from a single beacon that evaluates its financial practices, demonstrating a high level of transparency and fiscal responsibility.
One of the standout aspects of the organization is its governance structure, with 100% of its board members being independent. This independence, along with a solid conflict of interest policy and a whistleblower policy, indicates a commitment to ethical practices and responsible management. Additionally, the organization has no liabilities against its assets, showcasing a robust financial foundation.
The program expense ratio is also notable at 100%, which means that all its financial resources are being allocated directly to its programs. This effectively illustrates the organization’s focus on its mission rather than administrative costs. Overall, Florida Atlantic University Research Corporation Inc appears to maintain high standards in financial integrity and governance, making it a commendable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Atlantic University Research Corporation Inc legitimate?
Florida Atlantic University Research Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Atlantic University Research Corporation 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: $0
For more financial information, click here
Official website here: www.fau.edu
What is the mission statement of Florida Atlantic University Research Corporation Inc?
Florida Atlantic University Research Corporation Inc's mission is centered around supporting and fostering research activities within Florida Atlantic University. They accomplish this by promoting, encouraging, and providing assistance to the faculty, staff, and students of the university. This is done through income derived from, or related to, the use, development, and application of university work. The corporation's primary goal is to facilitate research and contribute to the academic growth and advancement within Florida Atlantic University.
Official website here: www.fau.edu
Who is the CEO of Florida Atlantic University Research Corporation Inc?
Gregg Fields is the Former President of Florida Atlantic University Research Corporation Inc.
Official website here: www.fau.edu
What is the revenue of Florida Atlantic University Research Corporation Inc?
Florida Atlantic University Research Corporation Inc's revenue in 2023 was $214,283.
Official website here: www.fau.edu
Who are the executives of Florida Atlantic University Research Corporation Inc and what are their salaries?
There 8 volunteers at Florida Atlantic University Research Corporation Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $370,592
- Other: $0
- Compensation: $0
- Related: $146,421
- Other: $0
- Compensation: $0
- Related: $301,382
- Other: $0
- Compensation: $0
- Related: $322,487
- Other: $0
- Compensation: $0
- Related: $208,056
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $437,555
- Other: $0
- Compensation: $0
- Related: $303,857
- Other: $0
- Compensation: $0
- Related: $241,605
- Other: $0
Official website here: www.fau.edu
Where can I find the form 990 for Florida Atlantic University Research Corporation Inc?
Florida Atlantic University Research Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fau.edu
Learn more at the official website: www.fau.edu
Mission Statement of Florida Atlantic University Research Corporation Inc
Florida Atlantic University Research Corporation Inc, as a nonprofit entity, is dedicated to advocating, encouraging, and aiding in the research activities of Florida Atlantic University's faculty, staff, and students. Its mission is to foster an environment that encourages innovative research, and it accomplishes this by deriving income from, or being related to, the use, development, and application of the university's work. By promoting and supporting research activities, Florida Atlantic University Research Corporation Inc contributes to the advancement of knowledge and the betterment of society. The corporation's role is instrumental in fostering a culture of research and innovation at Florida Atlantic University, thereby enhancing the academic and research capabilities of the institution.
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Impact
October, 2024
Florida Atlantic University Research Corporation Inc significantly enhances the research landscape at Florida Atlantic University by promoting and supporting the research activities of its faculty, staff, and students. Through its initiatives, the corporation facilitates the development and application of innovative ideas, leading to advancements in various fields of study. By providing essential resources and assistance, it ensures that researchers have the support needed to pursue their projects effectively.
The corporation plays a crucial role in generating income that directly benefits research endeavors, fostering a vibrant academic environment. This not only aids in the production of high-quality scholarly work but also attracts further funding and partnerships, amplifying the university’s impact within the educational sector and beyond. Overall, its commitment to promoting research contributes to the advancement of knowledge and supports the growth of a well-rounded, research-driven academic community in Boca Raton, Florida.
This information is meant to be a general summary of Florida Atlantic University Research Corporation 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 2023.
- Investment Income: $9,970
- Program Service Revenue: $39,396
- Gross Receipts: $214,283
Assets and Liabilities:
- Total Assets: $609,170
- Total Liabilities: $0
- Net Assets: $609,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$39,396
Organization Details
Founding Year
1990
Phone
(561) 297-2640Principal Officer
Gregg Fields
Main Address
777 GLADES ROAD BLVD 104 SUITE 318, BOCA RATON, FL, 33431
Website
www.fau.eduNTEE Category
Code: B90 - Education
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