Overview
What is 1065 Institute Inc?
1065 Institute Inc, based in Nashville, Tennessee, is a nonprofit organization with a mission to promote economic opportunity. They achieve this goal by producing educational books and providing analytical information. The institute's activities are driven by the belief that education can foster ideas and actions that contribute to job creation, income advancement, wealth creation, and overall economic well-being. With a small team of two individuals, 1065 Institute Inc continues its dedication to supporting and promoting educational initiatives that further economic thought and action.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
The 1065 Institute Inc has received a 71% rating from Charity Navigator, indicating moderate performance in accountability and finance. The organization has a strong governance structure, with a fully independent board and no material diversion of assets, demonstrating solid compliance with best practices in nonprofit governance. The program expense ratio is commendably high at 87.83%, suggesting that a significant portion of its funds is directed toward its mission.
Strengths of the institute include its comprehensive conflict of interest policy and the documentation of board meeting minutes, both of which enhance transparency. Additionally, the liabilities to assets ratio stands at 0.00%, showcasing that the organization maintains a healthy financial position without substantial debts.
However, despite these strengths, the two-star rating reflects some areas where improvements could be made, particularly in overall accountability measures as indicated by the Charity Navigator score. This suggests that while the organization is performing well in certain aspects, there may still be room for enhancement in its operational practices and overall impact assessment.
This AI summary has been generated from information found on Charity Navigator.
Is 1065 Institute Inc legitimate?
1065 Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1065 Institute 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: $31,250
Other Salaries and Wages: $433,014
For more financial information, click here
What is the mission statement of 1065 Institute Inc?
The 1065 Institute Inc's mission is centered around disseminating educational information and analysis. Their primary goal is to encourage ideas and actions that enhance economic opportunities for individuals, communities, and society at large. The institution supports and advocates for educational initiatives that foster economic thought and action. Specifically, these efforts aim to promote job creation, income advancement, wealth creation, and overall economic well-being.
Who is the CEO of 1065 Institute Inc?
Unavailable
What is the revenue of 1065 Institute Inc?
1065 Institute Inc's revenue in 2022 was $3,550,952.
Who are the executives of 1065 Institute Inc and what are their salaries?
The average compensation at 1065 Institute Inc during 2022 was $216,507. There are 2 employees and 2 volunteers at 1065 Institute Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 1065 Institute Inc?
1065 Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1065 Institute Inc
The 1065 Institute Inc is dedicated to promoting economic opportunities for individuals, communities, and society at large. Their mission lies in providing educational information and analysis that encourages ideas and actions that further economic advancement. This nonprofit organization supports and champions educational initiatives that foster economic thought and action, with a focus on job creation, income growth, wealth creation, and overall economic prosperity. By doing so, they aim to contribute to the general well-being of society.
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Impact
July, 2024
1065 Institute Inc's impact is centered around providing educational information and analysis that promotes economic opportunity for individuals, communities, and society as a whole. Through our research and writing efforts, we aim to further economic thought and action in areas such as job creation, income advancement, wealth creation, and overall economic well-being. By supporting and promoting educational initiatives, we contribute to a more informed and empowered society that is equipped to pursue economic growth and prosperity.
This information is meant to be a general summary of 1065 Institute 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: $300,090
- Gross Receipts: $4,506,039
Assets and Liabilities:
- Total Assets: $10,232,977
- Total Liabilities: $0
- Net Assets: $10,232,977
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Organization Details
Founding Year
2016
Phone
(615) 440-5020Main Address
103 MURPHY CT, NASHVILLE, TN, 372031005
NTEE Category
Code: B03 - Education
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