Overview
What is Alabama Turfgrass Research Foundation Inc?
Alabama Turfgrass Research Foundation Inc is a nonprofit organization situated in Auburn, Alabama. Their primary focus is to provide financial support for research projects related to turfgrass. Through these projects, they aim to contribute to the advancement and understanding of turfgrass, ultimately benefiting various sectors that rely on healthy and thriving turf, such as sports fields, golf courses, and landscaping. The organization's core mission is to fund research initiatives that contribute to the development and improvement of turfgrass, thereby supporting the overall well-being and sustainability of these environments.
Official website here: www.alaturfgrass.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Alabama Turfgrass Research Foundation Inc has achieved an impressive rating of 97%, indicating a strong commitment to accountability and finance, which is reflected in its Four-Star status. This high score is derived entirely from a single beacon focused on financial transparency and governance practices, showcasing the organization's dedication to responsible management and stewardship of resources.
Strengths of the organization include a completely independent board consisting of seven members, with no material diversion of assets reported. The foundation maintains a range of essential policies, including conflict of interest, whistleblower protection, and document retention, all of which contribute to its high ratings. Additionally, the foundation boasts a low liabilities-to-assets ratio of 0.00%, indicating sound financial health.
One notable aspect is the organization's strong program expense ratio of 85.38%, reflecting its focus on programmatic activities rather than administrative costs. This commitment to channeling funds directly into its programs enhances its effectiveness in fulfilling its mission. Overall, Alabama Turfgrass Research Foundation Inc exemplifies robust financial practices and strong governance.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Turfgrass Research Foundation Inc legitimate?
Alabama Turfgrass Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Turfgrass Research 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: $0
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Official website here: www.alaturfgrass.org
What is the mission statement of Alabama Turfgrass Research Foundation Inc?
The Alabama Turfgrass Research Foundation Inc's primary role is to fund research projects focused on turfgrass. The organization's mission is centered around providing financial support for these projects, aiming to contribute to advancements and improvements in the field of turfgrass. Their activities are geared towards fostering research that can lead to better understanding and management of turfgrass, ultimately benefiting various sectors that rely on it. By funding these projects, the foundation plays a crucial role in driving innovation and development in the turfgrass industry.
Official website here: www.alaturfgrass.org
What is the revenue of Alabama Turfgrass Research Foundation Inc?
Alabama Turfgrass Research Foundation Inc's revenue in 2024 was $81,659.
Official website here: www.alaturfgrass.org
Who are the executives of Alabama Turfgrass Research Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.alaturfgrass.org
Where can I find the form 990 for Alabama Turfgrass Research Foundation Inc?
Alabama Turfgrass Research Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.alaturfgrass.org
Learn more at the official website: www.alaturfgrass.org
Mission Statement of Alabama Turfgrass Research Foundation Inc
Alabama Turfgrass Research Foundation Inc is dedicated to funding turfgrass research projects. This nonprofit organization's primary mission is to invest in initiatives that aim to advance the understanding and improvement of various types of turfgrass. By providing financial support for these research projects, Alabama Turfgrass Research Foundation Inc contributes to the development of more resilient, sustainable, and high-quality turfgrass varieties. This, in turn, benefits a wide range of sectors, including sports fields, golf courses, landscaping, and home lawns, ensuring they remain healthy and vibrant. The organization's commitment to funding turfgrass research projects is crucial to driving innovation in this field and improving the overall quality of turfgrass in various applications.
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Impact
August, 2024
Alabama Turfgrass Research Foundation Inc's impact lies in its vital role in funding turfgrass research projects. By providing financial support to these projects, the organization contributes to advancements in turfgrass science and technology. This, in turn, benefits industries such as landscaping, agriculture, and sports turf management by enhancing the quality, sustainability, and performance of turfgrass varieties. The organization's dedication to funding research projects underscores its commitment to driving innovation and progress in the turfgrass industry, ultimately benefiting both professionals and consumers alike.
This information is meant to be a general summary of Alabama Turfgrass Research 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 2024.
- Investment Income: $36,345
- Gross Receipts: $501,675
Assets and Liabilities:
- Total Assets: $527,535
- Total Liabilities: $0
- Net Assets: $527,535
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Organization Details
Founding Year
1997
Principal Officer
Wayne Bassett
Website
www.alaturfgrass.orgNTEE Category
Code: T30 - Philanthropy
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