Overview
What is Society Of Mexican-American Engineers & Scientists?
The Society of Mexican-American Engineers & Scientists is a nonprofit organization that prioritizes scholarships and active participation in national symposiums focused on engineering, technical, and educational discussions. By attending these events, the organization aims to expand its knowledge and contribute to the field. The Society also manages its operations and scholarship programs using its financial resources, ensuring its continued existence while fulfilling its mission.
Official website here: www.mymaes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
The Society Of Mexican-American Engineers & Scientists has earned a Zero-Star out of Four Star rating due to its low overall score of 23%. This score reflects significant concerns regarding the charity's accountability and finance practices. Notably, the organization has a complete absence of independent board members, which raises questions about governance and oversight. While it has been noted that there has been no material diversion of assets, other critical policies such as whistleblower protection and document retention are missing.
On the positive side, the charity does maintain some transparency by listing its website on tax forms and having documented board meeting minutes. However, the absence of independent oversight and various missing policies indicate weaknesses in its operational and financial accountability. The program expense ratio at 40% suggests that a significant portion of its budget is not directed towards programs, which is a concern for donors looking for impact.
Overall, the Society Of Mexican-American Engineers & Scientists faces challenges in governance and accountability that may deter potential donors. Improving transparency and establishing independent oversight could enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of Mexican-American Engineers & Scientists legitimate?
Society Of Mexican-American Engineers & Scientists is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Mexican-American Engineers & Scientists submitted a form 990EZ, 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.
Official website here: www.mymaes.org
What is the mission statement of Society Of Mexican-American Engineers & Scientists?
The Society of Mexican-American Engineers & Scientists is dedicated to providing scholarships and participating in national symposiums focused on engineering, technical, and educational topics. Their mission is accomplished by utilizing operational and program expenses to cater to the organization's needs. The primary objective of this society is to support and advance the field of engineering and science among the Mexican-American community. They aim to foster education and professional growth by offering opportunities and resources to its members.
Official website here: www.mymaes.org
Who is the CEO of Society Of Mexican-American Engineers & Scientists?
Irene Rico is the President of Society Of Mexican-American Engineers & Scientists.
Official website here: www.mymaes.org
What is the revenue of Society Of Mexican-American Engineers & Scientists?
Society Of Mexican-American Engineers & Scientists's revenue in 2022 was $25,759.
Official website here: www.mymaes.org
Who are the executives of Society Of Mexican-American Engineers & Scientists and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.mymaes.org
Where can I find the form 990EZ for Society Of Mexican-American Engineers & Scientists?
Society Of Mexican-American Engineers & Scientists's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.mymaes.org
Learn more at the official website: www.mymaes.org
Mission Statement of Society Of Mexican-American Engineers & Scientists
The Society of Mexican-American Engineers & Scientists, in its mission, focuses on providing scholarships and participating in national symposiums centered around engineering, technical, and educational topics. The organization utilizes its operational and program expenses to cater to its needs while diligently working towards achieving its objectives. By attending these symposiums and offering scholarships, the Society of Mexican-American Engineers & Scientists aims to make meaningful contributions to the fields of engineering and science, fostering the growth and success of individuals from the Mexican-American community.
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Impact
August, 2024
The Society of Mexican-American Engineers & Scientists (MAES) has a significant impact on the community by providing scholarships to support the education and professional development of Mexican-American students in engineering and science fields. By attending national symposiums and educational presentations, MAES helps to promote diversity and inclusion in these fields. Through its activities, MAES not only recognizes and supports talented individuals but also fosters a sense of community and belonging among Mexican-American engineers and scientists. This organization plays a crucial role in empowering individuals to pursue their passions and achieve their academic and career goals.
This information is meant to be a general summary of Society Of Mexican-American Engineers & Scientists. 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: $8
- Gross Receipts: $25,759
Assets and Liabilities:
- Total Assets: $95,065
- Total Liabilities: $176
- Net Assets: $94,889
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Organization Details
Phone
(281) 557-3677Principal Officer
Irene Rico
Main Address
2437 Bay Area Boulevard 100, Houston, TX, 77058
Website
www.mymaes.orgNTEE Category
Code: U03 - Science research
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