Overview
What is Corporation For Education Network Initiatives In California?
The Corporation For Education Network Initiatives In California is a nonprofit organization located in La Mirada, California, with a workforce of 96 employees. Their primary mission is to establish a network infrastructure for the research and education community, supporting advanced capabilities like remote instrumentation, multicasting, video, teleconferencing, and video streaming. This network aims to facilitate and coordinate the use of these services for K-20 students, educators, researchers, and other public-serving institutions, with a focus on enhancing learning and innovation. CENIC's activities include deploying and operating leading-edge network-based services to advance education and research in California.
Official website here: www.cenic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Corporation For Education Network Initiatives In California has achieved an impressive 96% rating, which reflects a strong commitment to accountability and financial responsibility. The charity's score is primarily based on its outstanding performance in key areas such as governance, financial transparency, and operational efficiency, with a full score in Accountability & Finance.
One of the key strengths noted is the organization’s independent board governance, consisting entirely of independent members. This structure supports unbiased decision-making and oversight, contributing to the charity's high marks in governance practices. Additionally, its excellent program expense ratio of 93.58% indicates that the majority of its funds are directed toward fulfilling its mission, rather than administrative costs.
While the charity demonstrates robust financial health with a low liabilities-to-assets ratio and effective financial controls, it is essential for potential donors to consider how the organization plans to sustain its operations and impact in the long term. Overall, the Corporation For Education Network Initiatives In California stands out as a well-managed nonprofit dedicated to educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Corporation For Education Network Initiatives In California legitimate?
Corporation For Education Network Initiatives In California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation For Education Network Initiatives In California 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: $551,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,806,429
For more financial information, click here
Official website here: www.cenic.org
What is the mission statement of Corporation For Education Network Initiatives In California?
The Corporation For Education Network Initiatives In California, also known as CENIC, is dedicated to establishing a robust network infrastructure for the research and education community. This mission is reflected in their activities, as they develop, deploy, and operate advanced network-based services to facilitate and coordinate their use. By doing so, they aim to promote learning and innovation within the research and education sector.
CENIC operates an advanced private network, providing capabilities such as remote instrumentation, multicasting, video, teleconferencing, video streaming, and HGTV to K-20 students, educators, researchers, and other public-serving institutions. Through these services, they support the academic and research community, enabling them to collaborate and share resources more effectively. CENIC's mission is to foster a connected and innovative academic ecosystem, ultimately contributing to the advancement of knowledge and learning.
Official website here: www.cenic.org
Who is the CEO of Corporation For Education Network Initiatives In California?
Louis Fox is the Director of Corporation For Education Network Initiatives In California. The CEO's salary of Corporation For Education Network Initiatives In California is $551,243 and their total compensation is $633,285.
Official website here: www.cenic.org
What is the revenue of Corporation For Education Network Initiatives In California?
Corporation For Education Network Initiatives In California's revenue in 2022 was $82,120,794.
Official website here: www.cenic.org
Who are the executives of Corporation For Education Network Initiatives In California and what are their salaries?
The average compensation at Corporation For Education Network Initiatives In California during 2022 was $107,892. There are 96 employees at Corporation For Education Network Initiatives In California.
Here are 28 key members and their salaries (Corporation For Education Network Initiatives In California's CEO's salary is $551,243 and their total compensation is $633,285):
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- Other: $28,387
Official website here: www.cenic.org
Where can I find the form 990 for Corporation For Education Network Initiatives In California?
Corporation For Education Network Initiatives In California's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cenic.org
Learn more at the official website: www.cenic.org
Mission Statement of Corporation For Education Network Initiatives In California
The Corporation for Education Network Initiatives in California, or CENIC, is a mission-driven organization that strives to establish a robust network infrastructure for the research and education community. By developing, deploying, and operating advanced network-based services, CENIC facilitates their use to propel learning and innovation in various educational institutions and research centers.
CENIC's primary objective is to create a leading-edge network that caters to the unique needs of K-20 students, educators, researchers, and other public-serving organizations. This network supports a range of capabilities, including remote instrumentation, multicasting, video conferencing, video streaming, and other essential services. Through these offerings, CENIC enables seamless communication and collaboration among its members, ultimately contributing to the advancement of knowledge and discovery in California and beyond.
In essence, CENIC serves as a vital hub that connects the research and education community, providing them with the necessary tools and resources to enhance their learning experiences and drive innovation. By offering a sophisticated network infrastructure, the organization empowers its members to engage in groundbreaking research and deliver high-quality education to their students.
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Impact
October, 2024
The Corporation for Education Network Initiatives in California (CENIC) significantly enhances the educational landscape by establishing a robust network infrastructure that serves the research and education community. By operating an advanced private network, CENIC facilitates connectivity for K-20 students, educators, researchers, and other public-serving institutions across California.
This infrastructure supports a wide array of capabilities, including remote instrumentation, multicasting, video conferencing, and video streaming. Such capabilities not only improve access to educational resources but also foster collaboration and innovation among various stakeholders in the educational sector. By providing a high-performance network, CENIC plays a crucial role in advancing learning outcomes and supporting the needs of the research community.
CENIC’s commitment to deploying cutting-edge network-based services enhances the ability of educational institutions to implement progressive teaching methods and research initiatives, ultimately driving forward the mission of advancing education and fostering innovation in California.
This information is meant to be a general summary of Corporation For Education Network Initiatives In California. 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: $109,902
- Program Service Revenue: $81,867,084
- Gross Receipts: $82,228,910
Assets and Liabilities:
- Total Assets: $101,771,752
- Total Liabilities: $19,133,291
- Net Assets: $82,638,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES/ASSESS
Revenue
$44,192,054
TELECONNECT/ERATE
Revenue
$28,234,050
THIRD PARTY ADMINSTRAT
Revenue
$7,375,084
EXCHANGE FEES
Revenue
$1,148,438
INTERNET2 PARTICIPATIO
Revenue
$611,415
Organization Details
Founding Year
1997
Phone
(714) 220-3400Principal Officer
Louis Fox
Main Address
16700 VALLEY VIEW AVE 400, LA MIRADA, CA, 90638
Website
www.cenic.orgNTEE Category
Code: B020 - Education
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