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Mate Inspiration For Innovation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814389131 ✦ Monterey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mate Inspiration For Innovation?

Mate Inspiration For Innovation, abbreviated as MATE II, is a nonprofit organization based in Monterey, California. Their primary mission is to engage and inspire students in grades 4-16, encouraging them to apply STEM skills to solve real-world challenges. This fosters critical thinking, collaboration, entrepreneurship, and innovation. The organization hosts an annual competition, the MATE II World ROV, with over 6,000 participants joining regional events worldwide. The top performers advance to the World Championship. MATE II also conducts summer camps and teacher workshops to enhance learning and competition readiness. Additionally, they operate an online store, SeaMATE, providing educational ROV kits and parts to participants and other interested individuals. (118 words)


Official website here: www.marinetech.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Overall Score: 66%, Two-Star out of Four Star rating.

Mate Inspiration For Innovation has received a "Needs Improvement" rating, reflecting a moderate level of organizational accountability and financial transparency. Notably, the nonprofit has achieved a strong score in board independence, with 100% of its board members being independent. Furthermore, the organization demonstrates a solid commitment to ethical practices, having policies in place for conflict of interest, whistleblowing, and document retention.

However, the organization faces significant challenges regarding financial disclosures, as it has not made financial statements available. This lack of transparency contributes to a low score for the liabilities to assets ratio, indicating potential financial risk. While the program expense ratio is commendable at 87.62%, the absence of key financial documents may raise concerns among potential donors regarding the organization's overall financial health and sustainability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mate Inspiration For Innovation?

100% of 16 reviewers on Facebook recommend Mate Inspiration For Innovation. Here is a summary of their reviews:

The overwhelming sentiment from those who have shared their thoughts is highly positive. Reviewers express a strong appreciation for the innovative work being done, particularly in the production of motors for remotely operated vehicles (ROVs), specifically designed for underwater applications. The nonprofit is recognized for its commitment to advancing technology and providing valuable resources in this specialized field.

Overall, the organization appears to be making a significant impact, as users are clearly satisfied with the quality and innovation of the services provided. Many reviewers emphasize the importance of the work being done for the underwater ROV community, further showcasing the organization's role in fostering advancement and inspiration in the industry.


This AI summary has been generated from reviews found on Facebook.

Is Mate Inspiration For Innovation legitimate?

Mate Inspiration For Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mate Inspiration For Innovation 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

For more financial information, click here


Official website here: www.marinetech.org

What is the mission statement of Mate Inspiration For Innovation?

Mate Inspiration For Innovation, often referred to as MATE II, is an organization with a mission to inspire and challenge students. It aims to do so by encouraging the creative application of science, technology, art, engineering, and mathematics to solve real-world problems. This process is designed to enhance critical thinking, collaboration, entrepreneurship, and innovation among the students involved. The organization hosts an annual MATE World ROV (remotely operated vehicle) competition, where over 6,000 students from various grades participate in regional events around the world. The goal is to provide a platform for students to apply their STEM skills effectively and innovatively. Additionally, MATE II conducts summer camps and teacher workshops to further support competition participants. The organization also operates an online enterprise, the SeaMATE store, which sells educational remotely operated vehicle kits and parts to competition participants and other interested parties.


Official website here: www.marinetech.org

Who is the CEO of Mate Inspiration For Innovation?

Jill Zande is the President & Ed of Mate Inspiration For Innovation.


Official website here: www.marinetech.org

What is the revenue of Mate Inspiration For Innovation?

Mate Inspiration For Innovation's revenue in 2022 was $729,879.


Official website here: www.marinetech.org

Who are the executives of Mate Inspiration For Innovation and what are their salaries?

There 800 volunteers at Mate Inspiration For Innovation.


Here are 5 key members and their salaries:


Jill Zande (President & Ed)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra A Kill (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Stahr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Manley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Golden (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marinetech.org

Where can I find the form 990 for Mate Inspiration For Innovation?

Mate Inspiration For Innovation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marinetech.org

Learn more at the official website: www.marinetech.org

Mission Statement of Mate Inspiration For Innovation

Mate Inspiration for Innovation, often abbreviated as MATE II, is a nonprofit organization with a mission to inspire and challenge young students. Its purpose is to encourage learners to creatively apply science, technology, art, engineering, and mathematics (STEM) to solving real-world problems. By doing so, MATE II aims to foster critical thinking, collaboration, entrepreneurship, and innovation among its participants. The organization achieves this through its flagship event, the MATE World ROV (remotely operated vehicle or underwater robot) competition. This competition draws over 6,000 students annually, from grades 4 to 16, who participate in regional events around the world. The top performers then advance to the World Championship.

Beyond the competition, MATE II also conducts summer camps and teacher workshops to provide additional training for its participants. Furthermore, the organization operates an online enterprise, the SeaMATE store, which sells educational remotely operated vehicle kits and parts. This store caters to competition participants as well as other interested individuals. In the 2021-2022 period, the SeaMATE store fulfilled 1,047 orders from 335 customers, demonstrating the organization's reach and impact. Overall, MATE II serves as a platform for students to apply their STEM skills in a practical and innovative manner, fostering personal growth and development.

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Impact




July, 2024

Mate Inspiration For Innovation, through its MATE II program, has a significant impact on students by inspiring and challenging them to apply STEM skills to solve real-world problems. By participating in the World ROV competition and regional events, over 6,000 students in grades 4-16 are able to enhance their critical thinking, collaboration, entrepreneurship, and innovation abilities.

Additionally, the organization provides valuable training through summer camps and teacher workshops, further supporting the development of students' skills. The SeaMATE store, which fulfills orders for educational remotely operated vehicle kits and parts, not only serves competition participants but also reaches a broader customer base.

Overall, Mate Inspiration For Innovation's efforts contribute to fostering a new generation of students who are equipped with the knowledge and skills necessary to succeed in the fields of science, technology, engineering, and math.




This information is meant to be a general summary of Mate Inspiration For Innovation. 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.

Revenue
$729,879 (2022)
Expenses
$612,190 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $249
  • Program Service Revenue: $95,917
  • Gross Receipts: $929,792

Assets and Liabilities:

  • Total Assets: $740,177
  • Total Liabilities: $276,642
  • Net Assets: $463,535

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Competition registration

Revenue

$95,917

Organization Details

Founding Year

2017

Principal Officer

Jill Zande

Main Address

980 FREMONT STREET, MONTEREY, CA, 93940

NTEE Category

Code: B90 - Education

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