Overview
What is Applied Science & Technology Research Organization Of America?
Applied Science & Technology Research Organization Of America is a non-partisan research institution and think tank, headquartered in Rock Island, Illinois. With a focus on the public interest, they specialize in manufacturing technology and policy. The organization supports government agencies, particularly in addressing critical defense-related production challenges, by conducting applied research and innovations. They accomplish this through federally sponsored contracting, cooperative research, and partnerships. In 2022, they were granted a significant contract worth $95 million by the U.S. Army Ground Vehicle System Center to facilitate advanced manufacturing prototype and development. The organization employs a team of 9 individuals.
Official website here: www.astroa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
The Applied Science & Technology Research Organization Of America has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. The organization has a notable absence of independent board members, which can raise questions about governance and decision-making processes. Additionally, their financial statements lack transparency, as evidenced by the score of 0 out of 15 in that area.
Despite some strengths, such as a solid liabilities to assets ratio and a program expense ratio that suggests a focus on programmatic activities, the overall picture is concerning. The lack of a whistleblower policy and deficiencies in document retention practices further highlight governance issues that may impact donor trust. Transparency could be improved, especially since they scored 0 out of 4 for having tax forms posted on their website.
In summary, while the organization shows some positive financial ratios, the overall governance structure and transparency of financial practices appear to be significant weaknesses. Prospective donors should carefully consider these factors before contributing to the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Applied Science & Technology Research Organization Of America legitimate?
Applied Science & Technology Research Organization Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Applied Science & Technology Research Organization Of America 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: $360,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,803
For more financial information, click here
Official website here: www.astroa.org
What is the mission statement of Applied Science & Technology Research Organization Of America?
The Applied Science & Technology Research Organization of America is a non-partisan research institute and think tank, dedicated to serving the public interest. Its primary focus is on manufacturing technology and policy, with a mission to advance these areas by supporting government agencies. This is achieved through applied research, innovations, and partnerships, all aimed at addressing critical defense-related production challenges the nation faces. This is carried out through federally sponsored contracting, cooperative research, and partnerships.
Official website here: www.astroa.org
Who is the CEO of Applied Science & Technology Research Organization Of America?
Neal Orringer is the Treasurer & Secretary of Applied Science & Technology Research Organization Of America.
Official website here: www.astroa.org
What is the revenue of Applied Science & Technology Research Organization Of America?
Applied Science & Technology Research Organization Of America's revenue in 2022 was $5,143,273.
Official website here: www.astroa.org
Who are the executives of Applied Science & Technology Research Organization Of America and what are their salaries?
The average compensation at Applied Science & Technology Research Organization Of America during 2022 was $75,397. There are 9 employees and 4 volunteers at Applied Science & Technology Research Organization Of America.
Here are 7 key members and their salaries:
- Compensation: $206,923
- Related: $0
- Other: $8,277
- Compensation: $89,231
- Related: $0
- Other: $3,877
- Compensation: $64,615
- Related: $0
- Other: $2,585
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.astroa.org
Where can I find the form 990 for Applied Science & Technology Research Organization Of America?
Applied Science & Technology Research Organization Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.astroa.org
Learn more at the official website: www.astroa.org
Mission Statement of Applied Science & Technology Research Organization Of America
Applied Science & Technology Research Organization of America is a non-partisan research institute and think tank, committed to serving the public interest. Its primary focus is on advancing manufacturing technology and policy, with the aim of addressing critical defense-related production challenges. The organization achieves this by supporting government agencies through applied research, innovations, and collaborative efforts. This is accomplished through federally sponsored contracting, cooperative research, and strategic partnerships. The Applied Science & Technology Research Organization of America is dedicated to making a significant impact in the field, utilizing its expertise to contribute to the nation's defense-related production sector.
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Impact
July, 2024
The impact of the Applied Science & Technology Research Organization Of America can be seen through its dedication to advancing the public interest in manufacturing technology and policy. By supporting government agencies through applied research and innovations, the organization addresses critical defense-related production challenges. In 2022, the organization was awarded a significant OTA contract vehicle by the U.S. Army Ground Vehicle System Center, highlighting its expertise and contribution to advanced manufacturing prototype and development. Through federally sponsored contracting, cooperative research, and partnerships, the organization plays a vital role in supporting national defense and manufacturing technology advancements.
This information is meant to be a general summary of Applied Science & Technology Research Organization Of America. 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.
- Program Service Revenue: $5,143,258
- Gross Receipts: $5,143,273
Assets and Liabilities:
- Total Assets: $6,718,126
- Total Liabilities: $2,896,210
- Net Assets: $3,821,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE INCOME
Revenue
$5,143,258
Organization Details
Founding Year
2018
Phone
(202) 309-2432Principal Officer
Neal Orringer
Main Address
1 Rock Island Arsenal, Rock Island, IL, 61299
Website
www.astroa.orgNTEE Category
Code: U40 - Science research
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