Overview
What is The Foundation For Research On Information Techologies Inc?
The Foundation For Research On Information Technologies Inc, based on the provided information, is a nonprofit organization dedicated to fostering advancements in the realm of information technologies. Their primary mission is to stimulate research in this field by actively participating in relevant meetings. The organization's purpose is encapsulated in the mission to promote research in information technologies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Foundation For Research On Information Technologies Inc has received a low rating of 53%, reflecting significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, several essential policies, including conflict of interest and whistleblower protections, are missing, indicating potential vulnerabilities in its operational framework.
Despite these limitations, the organization demonstrates a strong commitment to its mission, with a program expense ratio of 94.17%. This suggests that a high percentage of its expenditures are directed towards its programs rather than administrative costs. However, the absence of a website listed on its tax form and the failure to post tax documents online may hinder transparency and accessibility for potential donors and stakeholders.
Overall, while The Foundation For Research On Information Technologies Inc shows dedication to its programs, the lack of independent oversight and essential governance policies may pose risks for long-term sustainability and accountability. Stakeholders should consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Research On Information Techologies Inc legitimate?
The Foundation For Research On Information Techologies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Research On Information Techologies 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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What is the mission statement of The Foundation For Research On Information Techologies Inc?
The Foundation for Research on Information Technologies Inc is dedicated to advancing the field of information technologies. Their mission is accomplished by actively participating in meetings, which serve as platforms for sharing and discussing the latest research findings and trends. By engaging in these meetings, they aim to foster innovation, encourage collaboration, and contribute to the expansion of knowledge in the realm of information technologies.
Who is the CEO of The Foundation For Research On Information Techologies Inc?
Quirino Balzano is the President of The Foundation For Research On Information Techologies Inc.
What is the revenue of The Foundation For Research On Information Techologies Inc?
The Foundation For Research On Information Techologies Inc's revenue in 2022 was $0.
Who are the executives of The Foundation For Research On Information Techologies Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Foundation For Research On Information Techologies Inc?
The Foundation For Research On Information Techologies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Foundation For Research On Information Techologies Inc
The Foundation for Research on Information Technologies, a nonprofit organization, is dedicated to advancing the field of information technologies. Their mission is achieved by actively participating in meetings, contributing to the dissemination of knowledge and fostering research in this sector. By attending these gatherings, they contribute to the ongoing dialogue and exchange of ideas, ultimately pushing the boundaries of what is possible in the realm of information technologies.
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Impact
October, 2024
The Foundation for Research on Information Technologies Inc significantly impacts the advancement of research in information technologies by facilitating collaboration and knowledge sharing among professionals in the field. Through attending meetings and fostering discussions, the foundation plays a crucial role in promoting innovative ideas and solutions that drive the industry forward. Its focus on medical research underscores the importance of integrating information technologies within healthcare, ultimately leading to advancements that can improve patient outcomes and streamline medical processes. By bringing together experts and encouraging dialogue, the foundation contributes to the ongoing evolution of information technologies in various sectors.
This information is meant to be a general summary of The Foundation For Research On Information Techologies 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.
Assets and Liabilities:
- Total Assets: $6,356
- Total Liabilities: $0
- Net Assets: $6,356
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Organization Details
Phone
(410) 990-1038Principal Officer
Quirino Balzano
Main Address
227 BOWEN COURT, ANNAPOLIS, MD, 21401
NTEE Category
Code: H99 - Medical research
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