Overview
What is International Textile And Apparel A?
International Textile and Apparel A, commonly referred to as ITAA, is a small nonprofit organization based in Cary, North Carolina. With only one employee, ITAA is dedicated to the advancement of global applications in textiles and apparel through education, innovation, technology, and scholarship. Their mission is to foster growth and development in this field, contributing to its global application and impact.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star rating)
International Textile And Apparel A has received a Two-Star rating from Charity Navigator, indicating an overall score of 72%, which is primarily based on its Accountability & Finance metrics. This rating reflects the organization’s commitment to financial transparency and governance, particularly highlighted by its independent board members, with 100% of members being independent, and a strong performance in areas such as the absence of asset diversion and appropriate document retention practices.
The organization has a good program expense ratio of 63.41%, suggesting that a significant portion of its funds are directed towards its core mission. However, there is room for improvement in this area, as it received 17 out of 25 points for program expenses, indicating that a larger percentage of funds could be allocated to programmatic efforts. The organization maintains a solid liabilities to assets ratio of 0.00%, showcasing its financial stability.
While the charity scores well on governance and accountability, potential donors may want to consider its program expenses and strive for greater efficiency in resource allocation. Overall, International Textile And Apparel A demonstrates a strong commitment to financial integrity but has opportunities to enhance its impact through improved program funding.
This AI summary has been generated from information found on Charity Navigator.
Is International Textile And Apparel A legitimate?
International Textile And Apparel A is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Textile And Apparel A 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: $71,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of International Textile And Apparel A?
International Textile and Apparel A is dedicated to driving advancements in the field of textiles and apparel on a global scale. They achieve this goal through education, innovation, technology, and scholarship. The organization is committed to fostering global applications in this sector, aiming to contribute significantly to its development and growth. By focusing on these key areas, International Textile and Apparel A aims to make a substantial impact on the textiles and apparel industry on a global scale.
Who is the CEO of International Textile And Apparel A?
Ping Wei is the Executive Di of International Textile And Apparel A.
What is the revenue of International Textile And Apparel A?
International Textile And Apparel A's revenue in 2022 was $465,015.
Who are the executives of International Textile And Apparel A and what are their salaries?
The average compensation at International Textile And Apparel A during 2022 was $71,400. There is 1 employee and 100 volunteers at International Textile And Apparel A.
Here are 12 key members and their salaries:
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Where can I find the form 990 for International Textile And Apparel A?
International Textile And Apparel A's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Textile And Apparel A
International Textile and Apparel A is dedicated to the advancement of global applications in the realms of textiles and apparel. This nonprofit organization achieves this mission through the powerful tools of education, innovation, technology, and scholarship. By leveraging these resources, International Textile and Apparel A aims to make significant strides in the global textile and apparel industries. This mission is not just about theoretical advancements, but also about practical applications that can benefit people and communities worldwide. The organization's work in this field is crucial in driving progress and fostering sustainable growth in the textiles and apparel sectors.
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Impact
July, 2024
International Textile And Apparel A is making a significant impact by advancing global applications in textiles and apparel through education, innovation, technology, and scholarship. This organization based in Cary, NC, is dedicated to enhancing the knowledge and skills in the textile and apparel industry to drive progress and development. Its mission focuses on fostering education, encouraging innovation, leveraging technology, and promoting scholarship in the field. Through its activities, International Textile And Apparel A is contributing to the growth and advancement of the textile and apparel sector on a global scale.
This information is meant to be a general summary of International Textile And Apparel A. 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: $46,650
- Program Service Revenue: $389,274
- Gross Receipts: $465,015
Assets and Liabilities:
- Total Assets: $1,330,888
- Total Liabilities: $74
- Net Assets: $1,330,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE INCOME
Revenue
$254,050
MEMBERSHIP DUES
Revenue
$108,824
PROGRAM SERVICE FEES
Revenue
$14,400
UNCATEGORIZED AWARD
Revenue
$12,000
Organization Details
Founding Year
1991
Phone
(919) 297-8133Principal Officer
Ping Wei
Main Address
PO BOX 3643, CARY, NC, 27519
NTEE Category
Code: B03 - Education
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