Kestrel Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942750021 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kestrel Institute?

Kestrel Institute is a research-focused nonprofit organization, primarily dedicated to advancing software assurance through mathematical models and the properties of algorithms and data structures. By conducting extensive scientific research and development, Kestrel Institute aims to ensure software reliability and predictability. Their findings are disseminated through various academic channels, including journals, conferences, and technical meetings. The institute's tools are utilized by universities worldwide, solidifying its impact on the global academic community. Additionally, Kestrel Institute contributes to Vanderbilt MIDAS, a program under DARPA's IDAS, aimed at enhancing developers' ability to adapt software more efficiently. In summary, Kestrel Institute is a nonprofit organization that conducts cutting-edge research in software assurance, utilizing mathematical modeling and algorithms to ensure software reliability and predictability. They share their findings with the academic community and contribute to larger programs like Vanderbilt MIDAS.


Official website here: www.kestrel.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star rating)

Kestrel Institute has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The score of 89% is derived solely from the Accountability & Finance beacon, indicating that the organization maintains robust financial practices, including a high program expense ratio of 90.67%, which suggests a significant portion of its resources directly supports its mission.

The institute demonstrates commendable governance with 66% of its board members being independent, which enhances its credibility and oversight. Additionally, the organization has established a comprehensive set of policies, including conflict of interest and whistleblower policies, ensuring ethical management and transparency. Kestrel's financial health is also indicated by a favorable liabilities to assets ratio of 46.80%, showcasing its ability to manage debts effectively.

While Kestrel Institute displays notable strengths in financial accountability and governance, the single focus on the Accountability & Finance beacon may limit the overall assessment of its programmatic impact. However, its strong fiscal management and commitment to transparency suggest that it operates with integrity, making it a trustworthy option for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Kestrel Institute legitimate?

Kestrel Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kestrel Institute 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: $1,139,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $783,606

For more financial information, click here


Official website here: www.kestrel.edu

What is the mission statement of Kestrel Institute?

The Kestrel Institute is dedicated to conducting research in the field of software assurance. Their mission involves exploring methods and tools to ensure that software functions as expected and reliably. They achieve this by employing mathematical models and analyzing the properties of algorithms and data structures. The results of their research are disseminated within the academic community through various platforms such as journals, conferences, and technical meetings. The tools developed by Kestrel Institute are utilized by universities both in the United States and internationally. Occasionally, they welcome students for brief periods to work on projects aligned with their research interests.


Official website here: www.kestrel.edu

Who is the CEO of Kestrel Institute?

Dr Cordell Green is the Executive Director & Chief of Kestrel Institute. The CEO's salary of Kestrel Institute is $293,178 and their total compensation is $310,228.


Official website here: www.kestrel.edu

What is the revenue of Kestrel Institute?

Kestrel Institute's revenue in 2022 was $4,129,396.


Official website here: www.kestrel.edu

Who are the executives of Kestrel Institute and what are their salaries?

The average compensation at Kestrel Institute during 2022 was $113,128. There are 17 employees and 2 volunteers at Kestrel Institute.


Here are 12 key members and their salaries (Kestrel Institute's CEO's salary is $293,178 and their total compensation is $310,228):


Cordell Green (Executive Director & Chief)
  • Compensation: $57,455
  • Related: $0
  • Other: $36,887
Margarita Altamirano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Desante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Westfold (Assoc Director, Corp Sec &)
  • Compensation: $195,017
  • Related: $0
  • Other: $4,993
Stephen Fitzpatrick (Chief Financial Officer &)
  • Compensation: $217,353
  • Related: $0
  • Other: $22,072
Eric Smith (Chief Executive Officer)
  • Compensation: $293,178
  • Related: $0
  • Other: $17,050
Douglas Smith (Chief Computer Scientist)
  • Compensation: $248,290
  • Related: $0
  • Other: $47,268
Marcel Becker (Computer Scientist)
  • Compensation: $194,103
  • Related: $0
  • Other: $37,115
Jeff Kitson (Systems Manager)
  • Compensation: $142,659
  • Related: $0
  • Other: $35,113
Alessandro Coglio (Computer Scientist)
  • Compensation: $132,718
  • Related: $0
  • Other: $29,568
Christoph Kreitz (Computer Scientist)
  • Compensation: $136,403
  • Related: $0
  • Other: $0
Charles Mccarthy (Computer Scientist)
  • Compensation: $100,187
  • Related: $0
  • Other: $23,623


Official website here: www.kestrel.edu

Where can I find the form 990 for Kestrel Institute?

Kestrel Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kestrel.edu

Learn more at the official website: www.kestrel.edu

Mission Statement of Kestrel Institute

Kestrel Institute, a renowned research organization, is dedicated to advancing the field of software assurance. Their mission is centered around conducting scientific research and development on methods to ensure software reliability and predictability. Utilizing mathematical models and the properties of algorithms and data structures, Kestrel Institute aims to improve software performance. Their findings are disseminated within the academic community through various platforms such as journals, conferences, and technical meetings. As a result, their research tools are utilized by universities across the United States and internationally. Occasionally, Kestrel Institute welcomes students for brief periods to collaborate on projects that align with their research interests.

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Impact




July, 2024

Kestrel Institute's impact lies in its pioneering scientific research and development on methods for software assurance. By utilizing mathematical models and properties of algorithms and data structures, the institute ensures that software performs predictably and reliably. This groundbreaking work not only advances the field of software assurance but also contributes to programs like Vanderbilt MIDAS and DARPA's IDAS program, enhancing developers' ability and efficiency in adapting software. Additionally, Kestrel Institute's research is widely communicated, benefitting the wider academic community through journals, conferences, and technical meetings. Moreover, the institute's tools are utilized by universities both in the U.S. and internationally, further amplifying its impact and fostering innovation in software development.




This information is meant to be a general summary of Kestrel Institute. 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.

Revenue
$4,129,396 (2022)
Expenses
$3,535,772 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,223
  • Gross Receipts: $4,129,396

Assets and Liabilities:

  • Total Assets: $3,765,583
  • Total Liabilities: $1,762,293
  • Net Assets: $2,003,290

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Organization Details

Founding Year

1981

Principal Officer

Dr Cordell Green

Main Address

3260 HILLVIEW AVENUE 2ND FLOOR, PALO ALTO, CA, 943041220

NTEE Category

Code: U40 - Science research

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