Overview
What is The Coleridge Initiative Inc?
The Coleridge Initiative Inc, situated in New York City, serves as a secure data facility, hosting administrative data sets from various state and federal agencies. Their primary mission is to educate government officials, researchers, and the public on utilizing data for societal betterment. By storing, linking, and analyzing sensitive data within their facility, they aim to alleviate governmental burdens and further scientific research through publicly available findings. This organization's work is crucial in enabling data-driven decision-making and advancing knowledge across various sectors. With a team of 34 dedicated individuals, The Coleridge Initiative Inc plays a pivotal role in fostering data-driven progress and promoting public welfare.
Official website here: www.coleridgeinitiative.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Coleridge Initiative Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's score is largely attributed to its strong Accountability & Finance practices, which received a perfect score in several key areas, including its independent board governance and adherence to policies related to financial oversight.
Strengths of the organization include its fully independent board and excellent program expense ratio, showcasing its commitment to directing resources towards its mission. Additionally, the charity has successfully implemented policies that promote transparency and ethical governance, such as conflict of interest and whistleblower policies, further enhancing its credibility.
However, there are some limitations noted in the evaluation. The Fundraising Efficiency Ratio is low, indicating potential challenges in fundraising effectiveness. Additionally, the liabilities to assets ratio suggests that while the organization is financially sound, there may be areas for improvement in managing its liabilities relative to its assets. Overall, The Coleridge Initiative Inc demonstrates strong governance and a commitment to its mission, though it may need to address specific fundraising strategies for better efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is The Coleridge Initiative Inc legitimate?
The Coleridge Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Coleridge Initiative 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: $1,345,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,618,130
For more financial information, click here
Official website here: www.coleridgeinitiative.org/
What is the mission statement of The Coleridge Initiative Inc?
The Coleridge Initiative Inc's mission lies in educating government officials, researchers, and the general public on utilizing data for social good. They provide services by alleviating governmental burdens through secure data storage, linking, and analysis. Furthermore, they contribute to the advancement of science by making research findings publicly available. The organization operates an Administrative Data Research Facility (ADRF), which serves as a secure space for hosting administrative data sets from various state and federal agencies. By working within the ADRF, agency staff can combine data sets to answer critical questions, ensuring confidentiality and privacy throughout the process.
Official website here: www.coleridgeinitiative.org/
Who is the CEO of The Coleridge Initiative Inc?
Ahu Yildirmaz is the Principal Officer of The Coleridge Initiative Inc.
Official website here: www.coleridgeinitiative.org/
What is the revenue of The Coleridge Initiative Inc?
The Coleridge Initiative Inc's revenue in 2022 was $5,660,169.
Official website here: www.coleridgeinitiative.org/
Who are the executives of The Coleridge Initiative Inc and what are their salaries?
The average compensation at The Coleridge Initiative Inc during 2022 was $116,563. There are 34 employees at The Coleridge Initiative Inc.
Here are 16 key members and their salaries:
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- Compensation: $195,929
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- Other: $33,389
- Compensation: $375,000
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- Other: $44,397
- Compensation: $218,583
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- Other: $12,896
- Compensation: $234,789
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- Other: $26,478
- Compensation: $203,000
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- Other: $545
- Compensation: $141,750
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- Other: $19,981
- Compensation: $172,550
- Related: $0
- Other: $31,783
- Compensation: $142,100
- Related: $0
- Other: $15,552
- Compensation: $138,750
- Related: $0
- Other: $15,374
Official website here: www.coleridgeinitiative.org/
Where can I find the form 990 for The Coleridge Initiative Inc?
The Coleridge Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coleridgeinitiative.org/
Learn more at the official website: www.coleridgeinitiative.org/
Mission Statement of The Coleridge Initiative Inc
The Coleridge Initiative Inc is a nonprofit organization with a mission to educate government officials, researchers, and public citizens on the utilization of data for social good. They strive to alleviate governmental burdens by providing services, specifically in the storage, linking, and analysis of sensitive data. Furthermore, they aim to advance science through publicly available research. By operating an Administrative Data Research Facility (ADRF), they enable agency staff to combine various data sets while ensuring confidentiality and privacy. This facility serves as a hub for critical question-answering, thereby contributing significantly to data-driven decision-making and social improvement.
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Impact
July, 2024
The Coleridge Initiative Inc's impact lies in educating government officials, researchers, and the public on utilizing data for social good. By providing services that alleviate governmental burdens through storing, linking, and analyzing sensitive data, the organization advances both the use of data for public benefit and the furthering of science through publicly available research. Through its Administrative Data Research Facility (ADRF), which is a federally certified secure data facility hosting administrative data sets from state and federal agencies, the Coleridge Initiative enables agency staff to combine data sets securely to address critical questions while ensuring confidentiality and privacy. This impactful work is based in New York, NY, and is key to promoting education and innovation in utilizing data for public welfare.
This information is meant to be a general summary of The Coleridge Initiative 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.
- Program Service Revenue: $2,897,964
- Gross Receipts: $5,660,169
Assets and Liabilities:
- Total Assets: $5,983,067
- Total Liabilities: $2,722,091
- Net Assets: $3,260,976
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH
Revenue
$1,886,268
ADRF
Revenue
$941,696
APPLIED DATA ANALYTICS
Revenue
$70,000
Organization Details
Founding Year
2018
Phone
(929) 379-3239Principal Officer
Ahu Yildirmaz
Main Address
1740 BROADWAY 15TH FLOOR, NEW YORK, NY, 10019
Website
www.coleridgeinitiative.org/NTEE Category
Code: B90 - Education
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