Overview
What is Ninetwelve Institute Inc?
The Ninetwelve Institute Inc, based in Zionsville, Indiana, is a nonprofit organization dedicated to charitable, religious, scientific, and educational purposes. They focus on collaborating with private industry, academic institutions, government entities, and sector-specific organizations to advance technology projects, particularly in the realm of fifth-generation broadband (5G) and trusted microelectronics. By connecting the entrepreneurial, innovation, and business acumen of the private sector with the technical research capabilities of academic researchers and government laboratories, they aim to deliver advanced technology more efficiently, affordably, and effectively to benefit both the federal government and the general public. Their mission is to support Indiana's leadership role in rapidly evolving technologies like big data, artificial intelligence, machine learning, the Internet of Things, and cybersecurity.
What are the reviews and ratings of this charity?
Ninetwelve Institute Inc is not currently rated on Charity Navigator due to insufficient data. The organization requires more years of electronically-filed IRS Form 990 data to be eligible for a full assessment. The absence of a rating doesn't reflect negatively or positively on the organization, it merely indicates a lack of comprehensive evaluation.
Charity Navigator notes that Ninetwelve Institute has two years of consecutive e-filed Form 990s. However, full evaluation through the Accountability & Finance, Impact & Measurement, and other methodologies would require additional fiscal years of data. Available financial information shows compensation for key personnel, with Chad Pittman, the Principal, listed with a salary, while other board members provide their services without compensation.
Currently, Ninetwelve Institute is independently affiliated and receives substantial support from a governmental unit or the general public. The inability to evaluate by the Culture & Community, Leadership & Adaptability, and Impact & Measurement methodologies is primarily due to the absence of relevant data rather than any inherent deficiencies within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ninetwelve Institute Inc legitimate?
Ninetwelve Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ninetwelve Institute 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: $72,691
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ninetwelve Institute Inc?
The Ninetwelve Institute Inc is a charitable organization with a multifaceted mission. It is dedicated to advancing scientific, technological, and economic development objectives by bridging the gap between academic researchers, government laboratories, and the private sector. By doing so, the institute aims to deliver advanced technology more efficiently, affordably, and effectively, benefiting both the federal government and the public. The organization focuses on making distributions to qualifying exempt organizations under Section 501(C)(3) of the Internal Revenue Code, furthering its charitable, religious, scientific, and educational purposes.
Who is the CEO of Ninetwelve Institute Inc?
Chad Pittman is the Principal Of of Ninetwelve Institute Inc.
What is the revenue of Ninetwelve Institute Inc?
Ninetwelve Institute Inc's revenue in 2022 was $22,978,939.
Who are the executives of Ninetwelve Institute Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $72,691
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ninetwelve Institute Inc?
Ninetwelve Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ninetwelve Institute Inc
Ninetwelve Institute Inc, a charitable organization, is dedicated to serving noble causes in the realms of charity, religion, science, and education. The organization's primary objective is to contribute to the realization of the government's science, technology, and economic development goals. To achieve this, Ninetwelve Institute acts as a catalyst, bridging the gap between the entrepreneurial, innovative, and business acumen of the private sector and the technical research capabilities of academic researchers and government laboratories. By doing so, the institute aims to deliver advanced technology more swiftly, cost-effectively, and efficiently to the benefit of both the federal government and the general public. In essence, Ninetwelve Institute serves as a vital link in the process of bringing groundbreaking scientific discoveries from the lab to the marketplace, ultimately contributing to societal progress.
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Impact
October, 2024
Ninetwelve Institute Inc significantly impacts the landscape of science and technology infrastructure by fostering collaboration among private industry, academic institutions, and government entities. By bridging the gap between entrepreneurial initiatives and advanced technical research, the organization accelerates the development and deployment of cutting-edge technologies.
Focused on areas such as fifth generation broadband (5G), trusted microelectronics, big data, artificial intelligence, machine learning, the Internet of Things, and cybersecurity, Ninetwelve Institute plays a crucial role in equipping Indiana to lead in these rapidly evolving sectors. Its strategic initiatives aim to enhance the effectiveness and efficiency of technology solutions, ultimately benefiting both federal objectives and public welfare. Through partnerships and project activities, Ninetwelve Institute not only supports economic development but also cultivates an ecosystem that drives innovation and positions stakeholders at the forefront of technological advancements.
This information is meant to be a general summary of Ninetwelve Institute 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: $1,106
- Program Service Revenue: $13,456,661
- Gross Receipts: $22,978,939
Assets and Liabilities:
- Total Assets: $19,260,418
- Total Liabilities: $5,825,303
- Net Assets: $13,435,115
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$13,344,241
5G SERVICES MEMBERSHIP
Revenue
$112,420
Organization Details
Founding Year
2020
Phone
(317) 695-3110Principal Officer
Chad Pittman
Main Address
100 WILLOW STREET, ZIONSVILLE, IN, 46077
NTEE Category
Code: U02 - Science research
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