Overview
What is North American Intercollegiate Dairy Challenge Inc?
North American Intercollegiate Dairy Challenge Inc is a renowned nonprofit organization situated in Madison, Wisconsin. Its primary objective is to facilitate real-world application of dairy science knowledge for students through a two-day competition, named the North American Intercollegiate Dairy Challenge (NAIDC). This event brings together teams from various North American universities' dairy science programs, encouraging collaboration and teamwork. In addition to the competition, the Dairy Challenge Academy offers educational opportunities to underclassmen and students enrolled in two-year programs, exposing them to potential careers in the dairy industry. NAIDC also organizes four regional contests annually, with approximately 418 students from 52 universities participating in its national, regional, and academic events. The organization acts as the decision-making body for dairy-related contests and events, fostering strategic development, enhancing public image, and strengthening relationships between educational institutions and dairy industries.
Official website here: www.dairychallenge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
North American Intercollegiate Dairy Challenge Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and transparency. The organization scored 97% overall, with particularly strong ratings in governance and financial metrics, reflecting its commitment to responsible management and operation.
The charity is characterized by an entirely independent board, comprising 15 members, which enhances its governance structure. It has demonstrated a low liability-to-assets ratio of 4.04%, alongside a robust program expense ratio of 88.82%, indicating that most of its resources are directed toward its core mission. Additionally, it maintains comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention.
While the ratings highlight significant strengths in financial responsibility and governance practices, there are no specific limitations mentioned in the data. Overall, the organization appears well-managed, with a strong commitment to its objectives and a focus on effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is North American Intercollegiate Dairy Challenge Inc legitimate?
North American Intercollegiate Dairy Challenge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North American Intercollegiate Dairy Challenge 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: $53,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dairychallenge.org
What is the mission statement of North American Intercollegiate Dairy Challenge Inc?
The North American Intercollegiate Dairy Challenge Inc's mission is to serve as a guiding body for dairy-related challenges, events, and contests. It aims to provide a platform for strategic development, manage the overall public image, and strengthen relationships between educational institutions, dairy industries, and professionals. The organization's primary goal is to develop future leaders in the dairy industry by offering educational, professional growth, and networking opportunities for students, dairy producers, agribusiness, and academic personnel. The North American Intercollegiate Dairy Challenge allows dairy science students to apply theoretical knowledge in a real-world setting, fostering teamwork and providing a unique competition experience. Additionally, the Dairy Challenge Academy offers educational aspects without competition, exposing more students to dairy industry careers. The organization hosts regional contests throughout the year, with approximately 418 students from 52 universities participating in national, regional, and academy events.
Official website here: www.dairychallenge.org
Who is the CEO of North American Intercollegiate Dairy Challenge Inc?
Molly Kelley is the Chair of North American Intercollegiate Dairy Challenge Inc.
Official website here: www.dairychallenge.org
What is the revenue of North American Intercollegiate Dairy Challenge Inc?
North American Intercollegiate Dairy Challenge Inc's revenue in 2023 was $490,246.
Official website here: www.dairychallenge.org
Who are the executives of North American Intercollegiate Dairy Challenge Inc and what are their salaries?
There 375 volunteers at North American Intercollegiate Dairy Challenge Inc.
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Official website here: www.dairychallenge.org
Where can I find the form 990 for North American Intercollegiate Dairy Challenge Inc?
North American Intercollegiate Dairy Challenge Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dairychallenge.org
Learn more at the official website: www.dairychallenge.org
Mission Statement of North American Intercollegiate Dairy Challenge Inc
The North American Intercollegiate Dairy Challenge Inc is dedicated to shaping the future of the dairy industry by nurturing its leaders. It achieves this goal by offering educational, professional growth, and networking opportunities to students, dairy producers, agribusiness, and academic personnel. The organization's mission is to foster a sustainable future in the dairy sector by providing a platform where theory and practical learning can coalesce. This is achieved through the North American Intercollegiate Dairy Challenge, a unique two-day competition that allows dairy science students to apply their knowledge in a real-world dairy setting, working as part of a team. Additionally, the Dairy Challenge Academy offers educational aspects of the challenge without the competition, allowing more students, particularly underclassmen and two-year program students, to explore careers in the dairy industry. The North American Intercollegiate Dairy Challenge Inc also conducts four regional contests throughout the year, bringing together approximately 418 students from 52 universities for national, regional, and academy events.
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Impact
July, 2024
The North American Intercollegiate Dairy Challenge Inc's impact lies in developing tomorrow's dairy industry leaders to foster a sustainable future. By providing educational, professional growth, and networking opportunities for students, dairy producers, agribusiness, and academic personnel, the organization plays a crucial role in shaping the future of the dairy industry. Through events like the North American Intercollegiate Dairy Challenge, regional contests, and the Dairy Challenge Academy, approximately 418 students from 52 universities have the chance to apply theory and learning to real-world dairy situations, work as part of a team, and gain valuable insights into careers in the dairy industry. This hands-on approach not only benefits the students directly involved but also contributes to the overall advancement and sustainability of the dairy sector.
This information is meant to be a general summary of North American Intercollegiate Dairy Challenge 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: $4,068
- Program Service Revenue: $462,144
- Gross Receipts: $499,735
Assets and Liabilities:
- Total Assets: $363,622
- Total Liabilities: $14,721
- Net Assets: $348,901
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$412,785
CONTEST ENTRY FEES
Revenue
$49,359
Organization Details
Founding Year
2004
Phone
(608) 224-0400Principal Officer
Molly Kelley
Main Address
3310 LATHAM DR, MADISON, WI, 537134634
Website
www.dairychallenge.orgNTEE Category
Code: K20 - Food
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