Overview
What is Georgia Intellectual Property Alliance Inc?
Georgia Intellectual Property Alliance Inc, a nonprofit organization based in Villa Rica, Georgia, serves as a platform for intellectual property (IP) professionals from various sectors such as law firms, institutions, government, and academia. Their primary mission is to make IP less intimidating, empowering individuals to bring their innovative ideas to market successfully. They offer resources, expertise, and connections to ensure these ideas can thrive commercially. GIPA understands the importance of IP in today's economy and aims to demystify it, making it more accessible for creators and innovators. Their goal is to ensure that when people engage with them, they can be assured of receiving the best resources, expertise, and connections to transform their ideas into profitable realities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (40%)
The Georgia Intellectual Property Alliance Inc has received a 40% score from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns in the organization's accountability and finance practices. While the charity scored strongly in areas such as having a majority of independent board members and maintaining a conflict of interest policy, it fell short in critical areas, notably lacking a whistleblower policy and a document retention and destruction policy.
The program expense ratio stands at 41.51%, indicating that a considerable portion of expenses may not be allocated directly towards the charity's programs. Additionally, the organization has a perfect liabilities to assets ratio of 0.00%, which is favorable, but the overall financial management appears to need improvement based on the low accountability score.
Despite some strengths in governance, the lack of essential policies and the low program expense ratio raise concerns about the organization's effectiveness in fulfilling its mission. Potential donors and supporters should consider these factors carefully when evaluating the Georgia Intellectual Property Alliance Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Intellectual Property Alliance Inc legitimate?
Georgia Intellectual Property Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Intellectual Property Alliance 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:
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For more financial information, click here
What is the mission statement of Georgia Intellectual Property Alliance Inc?
Georgia Intellectual Property Alliance Inc's mission is centered around making intellectual property (IP) less intimidating, enabling individuals to successfully commercialize their ideas. The organization offers essential resources, expertise, and connections to transform innovative concepts into profitable ventures. Recognizing the growing importance of innovators and creators in the economy, GIPA aims to dispel the negative reputation surrounding IP. By simplifying the complexities of IP, the alliance assures individuals that they can rely on its resources and connections to ensure their ideas thrive in the marketplace.
Who is the CEO of Georgia Intellectual Property Alliance Inc?
Corrine Sukiennik is the Executive Director of Georgia Intellectual Property Alliance Inc.
What is the revenue of Georgia Intellectual Property Alliance Inc?
Georgia Intellectual Property Alliance Inc's revenue in 2022 was $141,530.
Who are the executives of Georgia Intellectual Property Alliance Inc and what are their salaries?
There 85 volunteers at Georgia Intellectual Property Alliance Inc.
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Where can I find the form 990 for Georgia Intellectual Property Alliance Inc?
Georgia Intellectual Property Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Georgia Intellectual Property Alliance Inc
Georgia Intellectual Property Alliance (GIPA) is committed to making intellectual property (IP) less intimidating, enabling individuals to bring their innovative ideas to market successfully. Recognizing the significant role innovators and creators play in the economy, GIPA understands the growing need for IP in today's world. However, IP has garnered a negative reputation. To address this issue, GIPA aims to make IP more approachable and accessible by providing resources, expertise, and connections. By doing so, GIPA ensures that people can transform their ideas into profitable realities, thereby fostering growth and development in various industries. When individuals interact with GIPA, they can rely on the organization's unparalleled resources, knowledge, and connections to help their ideas flourish.
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Impact
October, 2024
Georgia Intellectual Property Alliance Inc (GIPA) plays a crucial role in empowering innovators and creators by demystifying the complexities surrounding intellectual property (IP). By providing comprehensive resources, expertise, and vital connections, GIPA ensures that individuals can confidently navigate the IP landscape and successfully bring their ideas to market.
As the innovation economy continues to grow, the importance of effective IP management has become increasingly apparent. GIPA addresses the misconceptions and negative perceptions often associated with intellectual property, transforming it into a powerful tool for creators rather than a barrier. Through its initiatives, GIPA fosters a supportive environment where ideas can flourish, ultimately contributing to economic growth and the profitability of creative endeavors.
Furthermore, GIPA serves as a networking hub for IP professionals, facilitating collaboration between law firms, academic institutions, government entities, and individual creators. This synergy enhances knowledge sharing and enables a more vibrant IP ecosystem. In this way, GIPA not only supports individual innovators but also bolsters the overall health of the economy by ensuring that intellectual property serves as a catalyst for creativity and innovation.
This information is meant to be a general summary of Georgia Intellectual Property Alliance 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: $41
- Gross Receipts: $225,859
Assets and Liabilities:
- Total Assets: $491,396
- Total Liabilities: $0
- Net Assets: $491,396
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Organization Details
Founding Year
2018
Principal Officer
Corrine Sukiennik
Main Address
PO BOX 1362, VILLA RICA, GA, 301806362
NTEE Category
Code: W01 - Public benefit
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