Overview
What is Four Corners Chapter Of American Petroleum Institute (Api)?
The Four Corners Chapter of American Petroleum Institute (API) is a nonprofit organization located in Farmington, New Mexico. Their primary focus is on providing scholarships and educator awards to promote the oil and gas industry. They offer financial aid through scholarships, aiming to support individuals pursuing related fields. Additionally, they award educators to encourage learning and awareness about the industry. The organization operates from a PO Box located in Farmington, New Mexico.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Four Corners Chapter of the American Petroleum Institute has received a Two-Star rating from Charity Navigator, indicating a mixed performance in accountability and finance. The organization demonstrates strong governance practices, including a fully independent board and effective management of assets. However, the overall score is impacted by weaknesses in transparency, particularly regarding the availability of key documents on its website.
Strengths include a perfect score in several governance areas, such as having all independent board members and a low liabilities-to-assets ratio. These factors suggest a solid structural foundation and financial stability. Nevertheless, the program expense ratio indicates that a significant portion of resources may not be directed towards programs, which could raise concerns about the effectiveness of its initiatives.
Limitations are evident in the lack of transparency measures, such as a whistleblower policy and proper document retention protocols. Additionally, the nonprofit does not provide its tax form on its website, which further diminishes accountability. Overall, while the organization has strengths in governance, it faces challenges that impact its overall effectiveness and transparency to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Four Corners Chapter Of American Petroleum Institute (Api) legitimate?
Four Corners Chapter Of American Petroleum Institute (Api) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Four Corners Chapter Of American Petroleum Institute (Api) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Four Corners Chapter Of American Petroleum Institute (Api)?
The Four Corners Chapter of American Petroleum Institute (API) serves as an industry association with a mission to promote the petroleum industry. They accomplish this by providing scholarships and educator awards. The primary objective is to foster a positive image of the industry. The scholarships and awards aim to encourage interest and support within the field. It's worth noting that while scholarships and grants are offered, not all of them are claimed.
Who is the CEO of Four Corners Chapter Of American Petroleum Institute (Api)?
Katie Casaus is the Chairman/Director of Four Corners Chapter Of American Petroleum Institute (Api).
What is the revenue of Four Corners Chapter Of American Petroleum Institute (Api)?
Four Corners Chapter Of American Petroleum Institute (Api)'s revenue in 2022 was $71,898.
Who are the executives of Four Corners Chapter Of American Petroleum Institute (Api) and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Four Corners Chapter Of American Petroleum Institute (Api)?
Four Corners Chapter Of American Petroleum Institute (Api)'s most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Four Corners Chapter Of American Petroleum Institute (Api)
The Four Corners Chapter of American Petroleum Institute (API) serves as an industry association with a mission to promote their sector through educational initiatives. They accomplish this by offering scholarships and educator awards. By doing so, the organization aims to foster a positive image of the industry and encourage the pursuit of related fields among students and educators. It's worth noting that although scholarships are awarded, not all of them are claimed. This underscores the chapter's dedication to supporting the education and professional development of individuals within the petroleum industry.
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Impact
August, 2024
The Four Corners Chapter of the American Petroleum Institute (API) has a significant impact on the industry by providing scholarships and teacher awards to promote the growth and development of the sector. Through these initiatives, the chapter contributes to the education and professional advancement of individuals interested in the petroleum industry, ultimately strengthening the workforce and fostering innovation in the field. Additionally, by recognizing and rewarding educators through their awards program, the chapter helps to encourage excellence in teaching related to the industry. Overall, the Four Corners Chapter of API plays a vital role in supporting education and advancement within the petroleum sector.
This information is meant to be a general summary of Four Corners Chapter Of American Petroleum Institute (Api). 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: $73
- Gross Receipts: $195,167
Assets and Liabilities:
- Total Assets: $260,481
- Total Liabilities: $0
- Net Assets: $260,481
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Organization Details
Founding Year
1983
Phone
(505) 486-0854Principal Officer
Katie Casaus
Main Address
PO BOX 5395, FARMINGTON, NM, 874995395
NTEE Category
Code: B82 - Education
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