Overview
What is Erie Center For Arts And Technology Inc?
The Erie Center for Arts and Technology Inc., located at 650 EAST AVE STE 120, Erie, PA 16503, is a community-focused educational facility. It offers arts and career training programs primarily catering to at-risk youth and economically disadvantaged adults. The center's mission is to inspire, educate, and empower individuals of all ages, promoting talent development and enabling youth and adults to become productive and successful members of society through adult job training and creative youth programs. With a dedicated team of 25 employees, Erie Center for Arts and Technology Inc. aims to transform lives and launch careers, fostering an environment that nurtures talents and equips individuals with the necessary skills for societal growth.
Official website here: www.eriecat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%
Erie Center For Arts And Technology Inc has received a low rating of 48%, which translates to a Zero-Star out of Four Star rating. This score is primarily derived from their Accountability & Finance rating. While the organization has several strengths in governance, such as a fully independent board and robust financial oversight, these are overshadowed by significant weaknesses in financial management and program expenses.
The organization excels in having a majority of independent board members and maintaining transparency with their financial statements. However, they are marked down for missing policies on whistleblower protections and document retention. Furthermore, their financial metrics indicate troubling signs, particularly with a high liabilities to assets ratio and a low program expense ratio, which suggests that a small fraction of their budget is allocated toward program activities.
Overall, while Erie Center For Arts And Technology Inc demonstrates solid governance practices, the financial challenges and lack of certain operational policies raise concerns about its sustainability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Erie Center For Arts And Technology Inc legitimate?
Erie Center For Arts And Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erie Center For Arts And Technology 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,179
For more financial information, click here
Official website here: www.eriecat.org
What is the mission statement of Erie Center For Arts And Technology Inc?
The Erie Center for Arts and Technology Inc. is a community-focused educational institution that offers both creative youth programs and adult job training. Their mission is to inspire, educate, and empower individuals of all ages, particularly those at risk or economically disadvantaged. The center aims to transform minds and launch careers by nurturing talents and enabling youth and adults to become productive and successful members of society. Their programs are designed to promote personal growth and professional development, ultimately contributing to societal prosperity.
Official website here: www.eriecat.org
Who is the CEO of Erie Center For Arts And Technology Inc?
Charles Hagerty is the Chairman of Erie Center For Arts And Technology Inc.
Official website here: www.eriecat.org
What is the revenue of Erie Center For Arts And Technology Inc?
Erie Center For Arts And Technology Inc's revenue in 2022 was $1,833,087.
Official website here: www.eriecat.org
Who are the executives of Erie Center For Arts And Technology Inc and what are their salaries?
The average compensation at Erie Center For Arts And Technology Inc during 2022 was $16,727. There are 25 employees at Erie Center For Arts And Technology Inc.
Here are 16 key members and their salaries:
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Official website here: www.eriecat.org
Where can I find the form 990 for Erie Center For Arts And Technology Inc?
Erie Center For Arts And Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eriecat.org
Learn more at the official website: www.eriecat.org
Mission Statement of Erie Center For Arts And Technology Inc
Erie Center for Arts and Technology Inc is a community-focused educational facility that aims to inspire, educate, and empower individuals of all ages. This organization, primarily serving at-risk youth and economically disadvantaged and underserved adults, offers adult job training and creative youth programs. By promoting the talents in everyone and enabling youth and adults to become productive and successful members of society, Erie Center for Arts and Technology Inc transforms minds and launches careers. The center's mission is to provide community-based educational arts and career training programs that empower individuals to gain the skills necessary to lead fulfilling and successful lives.
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Impact
July, 2024
Erie Center For Arts And Technology Inc inspires, educates, and empowers individuals of all ages through adult jobs training and creative youth programs. By providing community-based educational arts and career training opportunities, ECAT aims to transform minds and launch careers, particularly focusing on at-risk youth and economically disadvantaged adults. Through its programs, ECAT promotes the talents of individuals and enables them to become productive and successful members of society, ultimately making a positive impact on the community of Erie, PA.
This information is meant to be a general summary of Erie Center For Arts And Technology 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: $174,420
- Gross Receipts: $1,833,087
Assets and Liabilities:
- Total Assets: $8,392,094
- Total Liabilities: $6,310,115
- Net Assets: $2,081,979
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Organization Details
Founding Year
2018
Phone
(814) 651-0904Principal Officer
Charles Hagerty
Main Address
650 EAST AVE STE 120, ERIE, PA, 16503
Website
www.eriecat.orgNTEE Category
Code: B30 - Education
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