Overview
What is Ethos Inc?
Ethos Inc, based in Elkhart, Indiana, is a nonprofit organization with a mission to serve as STEM experts and leaders in education and innovation. They primarily focus on enhancing science education by providing refurbished STEM kits containing consumable materials for the national science curriculum. This initiative allows over 11,000 students to connect science concepts to real-life situations, fostering problem-solving, discovery, and critical thinking skills. Ethos Inc. is home to 21 dedicated employees, and their headquarters can be found at 1025 N Michigan St, Elkhart, IN 46514.
Official website here: www.ethosinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Ethos Inc has received a "Two-Star out of Four Stars" rating from Charity Navigator, indicating that it is in need of improvement despite demonstrating some strong governance practices. The organization boasts an entirely independent board, with high scores in areas such as board size and material diversion of assets, reflecting a commitment to integrity and accountability. Its program expense ratio of 70.69% suggests that a significant portion of its expenses is directed towards its programs, which is a positive indicator of its operational focus.
However, there are notable areas of concern that contribute to its overall score. The organization has not provided financial statements, which is critical for transparency, resulting in a low score in that category. Additionally, Ethos Inc lacks essential policies such as a whistleblower policy and a document retention and destruction policy. The absence of these documents and policies may raise questions about the organization's commitment to best practices in governance.
In summary, while Ethos Inc excels in certain governance aspects and maintains a solid program expense ratio, the lack of crucial financial documentation and policies indicates significant areas for improvement. Stakeholders may want to further investigate these issues before making contributions to ensure their support aligns with best nonprofit practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ethos Inc legitimate?
Ethos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ethos 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: $253,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $396,899
For more financial information, click here
Official website here: www.ethosinc.org
What is the mission statement of Ethos Inc?
Ethos Inc's mission is centered around serving their community as experts in STEM (Science, Technology, Engineering, and Mathematics) education and innovation. They strive to provide children with opportunities to connect science to their everyday lives, fostering problem-solving, discovery, and critical thinking skills. In line with this mission, Ethos Inc refurbishes STEM kits, supplying consumable materials that align with the national science curriculum, thereby enabling science education in the classroom and reaching over 11,000 students.
Official website here: www.ethosinc.org
Who is the CEO of Ethos Inc?
Megan Baughman is the Board Member of Ethos Inc. The CEO's salary of Ethos Inc is $57,469 and their total compensation is $57,469.
Official website here: www.ethosinc.org
What is the revenue of Ethos Inc?
Ethos Inc's revenue in 2022 was $1,324,252.
Official website here: www.ethosinc.org
Who are the executives of Ethos Inc and what are their salaries?
The average compensation at Ethos Inc during 2022 was $30,956. There are 21 employees and 137 volunteers at Ethos Inc.
Here are 11 key members and their salaries (Ethos Inc's CEO's salary is $57,469 and their total compensation is $57,469):
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- Compensation: $60,975
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- Compensation: $57,469
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Official website here: www.ethosinc.org
Where can I find the form 990 for Ethos Inc?
Ethos Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ethosinc.org
Learn more at the official website: www.ethosinc.org
Mission Statement of Ethos Inc
Ethos Inc, as a mission-driven organization, is committed to serving its community as leaders in education and innovation, specifically in the field of Science, Technology, Engineering, and Mathematics (STEM). In line with this mission, Ethos Inc provides children with opportunities to connect scientific concepts to their daily lives by engaging in problem-solving, discovery, and critical thinking. To achieve this, the nonprofit offers consumable materials that align with the national science curriculum, enabling teachers to effectively instruct STEM education in the classroom. As a result, Ethos Inc reaches more than 11,000 students, providing them with a solid foundation in STEM subjects.
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Impact
July, 2024
Ethos Inc's impact lies in providing children with opportunities to connect science to everyday life through problem-solving, discovery, and critical thinking. Through their STEM kit refurbishment program, they provide consumable materials to the national science curriculum to teach science education in classrooms, serving over 11,000 students. Based in Elkhart, IN, Ethos Inc's mission is to serve their community as STEM experts and leaders in education and innovation. Their work not only impacts individual students but also contributes to the advancement of science education in schools.
This information is meant to be a general summary of Ethos 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: $146
- Program Service Revenue: $349,981
- Gross Receipts: $1,693,339
Assets and Liabilities:
- Total Assets: $6,786,662
- Total Liabilities: $1,141,992
- Net Assets: $5,644,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROF. DEV. FEES
Revenue
$154,041
STEM MONITORING
Revenue
$146,167
ROBOTICS
Revenue
$47,927
LAB IN A BAG
Revenue
$1,496
FIELD TRIPS
Revenue
$350
Organization Details
Founding Year
2001
Phone
(574) 393-9828Principal Officer
Megan Baughman
Main Address
1025 N MICHIGAN ST, ELKHART, IN, 46514
Website
www.ethosinc.orgNTEE Category
Code: U05 - Science research
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