Overview
What is Botanical Research Institute Of Texas Inc?
The Botanical Research Institute of Texas Inc, based in Fort Worth, Texas, is a nonprofit organization dedicated to advancing knowledge of the plant world through research and education. With a mission to conserve natural heritage and inspire public understanding of the value of plants, BRIT functions as a catalyst within the scientific community to tackle globally challenging problems using various botanical lenses, including taxonomy, ecological/environmental, and genomics. The institute's research, sometimes directly and other times indirectly, improves life and deepens our understanding of the world, allowing us to become more responsible global citizens. The Botanical Research Institute of Texas serves as a think tank, fostering interdisciplinary collaborations for critical research within scientific, educational, social, cultural, and business communities. The organization employs approximately 150 individuals.
Official website here: www.brit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Botanical Research Institute of Texas Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the organization demonstrates a commitment to transparent operations and responsible financial management, which is crucial for donor trust and effective program delivery.
One of the key strengths of the organization is its governance structure, featuring a fully independent board with 27 members, ensuring diverse perspectives and oversight. The charity boasts robust financial practices, including a favorable program expense ratio of 74.26%, indicating that a significant portion of its resources is directed towards its mission-related activities rather than administrative costs. Additionally, the institute has implemented effective policies for conflict of interest, whistleblower protections, and document retention.
While the organization excels in governance and financial accountability, it is essential for potential donors to consider the overall impact of its programs and initiatives. The financial metrics are strong, but further insights into the outcomes of its botanical research efforts may help provide a more comprehensive picture of its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Botanical Research Institute Of Texas Inc legitimate?
Botanical Research Institute Of Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Botanical Research Institute Of Texas 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: $805,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,447,118
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Official website here: www.brit.org
What is the mission statement of Botanical Research Institute Of Texas Inc?
The Botanical Research Institute of Texas (BRIT) is dedicated to preserving our natural heritage by expanding our understanding of the plant world. Through research and education, BRIT aims to inspire public action towards a sustainable planet. This institute functions as a think tank and catalyst, fostering interdisciplinary collaborations to develop innovative botanical solutions to tackle pressing global issues. BRIT's efforts encompass scientific, educational, social, cultural, and business communities, promoting learning and collaboration in the field of botany. The organization's mission is to create and disseminate knowledge about plants, ultimately making a valuable impact on life.
Official website here: www.brit.org
Who is the CEO of Botanical Research Institute Of Texas Inc?
Patrick Newman is the Secretary Of The Board of Botanical Research Institute Of Texas Inc. The CEO's salary of Botanical Research Institute Of Texas Inc is $279,462 and their total compensation is $297,508.
Official website here: www.brit.org
What is the revenue of Botanical Research Institute Of Texas Inc?
Botanical Research Institute Of Texas Inc's revenue in 2022 was $19,151,570.
Official website here: www.brit.org
Who are the executives of Botanical Research Institute Of Texas Inc and what are their salaries?
The average compensation at Botanical Research Institute Of Texas Inc during 2022 was $41,682. There are 150 employees at Botanical Research Institute Of Texas Inc.
Here are 33 key members and their salaries (Botanical Research Institute Of Texas Inc's CEO's salary is $279,462 and their total compensation is $297,508):
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Official website here: www.brit.org
Where can I find the form 990 for Botanical Research Institute Of Texas Inc?
Botanical Research Institute Of Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brit.org
Learn more at the official website: www.brit.org
Mission Statement of Botanical Research Institute Of Texas Inc
The Botanical Research Institute of Texas Inc (BRIT) is dedicated to preserving our natural heritage by expanding our understanding of the plant world. This mission-driven organization goes beyond simple research, aiming to inspire the public and foster interdisciplinary collaborations for sustainable solutions to pressing global issues. BRIT operates as a think tank, developing botanical innovations to tackle complex problems, and collaborating with scientific, educational, social, cultural, and business communities to create a better future. Through its research and educational initiatives, BRIT is not only deepening our knowledge of the plant kingdom but also inspiring the public to take action for a more sustainable planet.
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Impact
October, 2024
The Botanical Research Institute of Texas Inc (BRIT) plays a vital role in conserving our natural heritage by enhancing our understanding of the plant world. Its research initiatives act as a catalyst for addressing significant global challenges, employing a variety of botanical lenses such as taxonomy, ecology, and genomics. This expertise contributes to improvements in life quality and fosters responsible citizenship regarding environmental stewardship.
Through rigorous scientific research and public education, BRIT raises awareness about the essential value of plants and their impact on sustainability. By serving as a think tank, it encourages interdisciplinary collaborations that unite scientific inquiry with social, cultural, and business perspectives, thereby amplifying its reach and effectiveness in fostering a sustainable planet. The institute's efforts not only enrich academic and scientific communities but also inspire individuals and groups to take action for better ecological practices, ultimately leading to a more informed and responsible society.
This information is meant to be a general summary of Botanical Research Institute Of Texas 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: $76,965
- Program Service Revenue: $3,660,721
- Gross Receipts: $19,576,359
Assets and Liabilities:
- Total Assets: $12,649,652
- Total Liabilities: $3,294,312
- Net Assets: $9,355,340
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND EXHIBIT FEES
Revenue
$3,220,920
PUBLICATION FEES
Revenue
$290,935
FIELD SCHOOL AND CAMP FEES
Revenue
$95,949
ROYALTY INCOME
Revenue
$52,917
Organization Details
Founding Year
1987
Phone
(817) 332-4441Principal Officer
Patrick Newman
Main Address
1700 UNIVERSITY DRIVE, FORT WORTH, TX, 76107
Website
www.brit.orgNTEE Category
Code: U50 - Science research
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