Overview
What is Gemological Institute Of America Inc?
The Gemological Institute of America Inc, located at 5345 Armada Drive, Carlsbad, California, is a significant nonprofit organization employing a staff of 1417 individuals. Although the description in the information array suggests looking at Schedule O for a detailed mission statement, we can infer that the institute is dedicated to the realm of education based on the provided label. The organization is renowned for its achievements in this area, as stated in the exempt purpose description. Despite the missing mission statement from the provided information, the Gemological Institute of America Inc is known for its commitment to excellence and advancement in its field, as evidenced by its devoted workforce and the various educational programs it likely offers.
Official website here: www.gia.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
The Gemological Institute of America Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in several key areas, including a high percentage of independent board members and a minimal liabilities to assets ratio, the organization demonstrates a commitment to financial health and transparency.
The organization excels in its governance practices, having established policies for conflict of interest, whistleblower protection, and document retention. Furthermore, it has an effective audit and oversight committee that contributes to its robust financial management. The program expense ratio of 88.39% indicates that a significant portion of its funds is directed towards fulfilling its mission.
However, while the organization displays strong financial practices and governance, specifics regarding its programmatic impact and overall effectiveness are not assessed within this rating. Potential donors and stakeholders may want to consider looking into the outcomes of its programs to gain a fuller picture of its impact in the gemological field.
This AI summary has been generated from information found on Charity Navigator.
Is Gemological Institute Of America Inc legitimate?
Gemological Institute Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gemological Institute Of America 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: $6,298,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,210,026
For more financial information, click here
Official website here: www.gia.edu
What is the mission statement of Gemological Institute Of America Inc?
The Gemological Institute of America Inc is dedicated to the advancement of gemological education. Their mission and organization's achievements can be found in Schedule O. Through their educational programs, they strive to promote a deeper understanding and expertise in the field of gems and jewelry. By offering various learning opportunities, they contribute significantly to the achievement of their exempt purpose.
Official website here: www.gia.edu
Who is the CEO of Gemological Institute Of America Inc?
Susan Jacques is the CEO of Gemological Institute Of America Inc The CEO's salary of Gemological Institute Of America Inc is $949,279 and their total compensation is $1,012,955.
Official website here: www.gia.edu
What is the revenue of Gemological Institute Of America Inc?
Gemological Institute Of America Inc's revenue in 2023 was $281,812,540.
Official website here: www.gia.edu
Who are the executives of Gemological Institute Of America Inc and what are their salaries?
The average compensation at Gemological Institute Of America Inc during 2023 was $92,229. There are 1350 employees at Gemological Institute Of America Inc.
Here are 29 key members and their salaries (Gemological Institute Of America Inc's CEO's salary is $949,279 and their total compensation is $1,012,955):
- Compensation: $949,279
- Related: $0
- Other: $63,676
- Compensation: $843,252
- Related: $0
- Other: $57,104
- Compensation: $43,000
- Related: $0
- Other: $0
- Compensation: $39,500
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $31,725
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $670,865
- Related: $0
- Other: $56,919
- Compensation: $588,806
- Related: $0
- Other: $55,011
- Compensation: $621,695
- Related: $0
- Other: $54,537
- Compensation: $627,936
- Related: $0
- Other: $64,150
- Compensation: $440,718
- Related: $0
- Other: $53,044
- Compensation: $412,502
- Related: $0
- Other: $54,399
- Compensation: $353,709
- Related: $0
- Other: $42,384
- Compensation: $339,525
- Related: $0
- Other: $59,598
- Compensation: $420,561
- Related: $0
- Other: $28,249
- Compensation: $484,816
- Related: $0
- Other: $65,569
- Compensation: $504,288
- Related: $0
- Other: $30,800
- Compensation: $411,843
- Related: $0
- Other: $48,713
- Compensation: $413,205
- Related: $0
- Other: $26,184
Official website here: www.gia.edu
Where can I find the form 990 for Gemological Institute Of America Inc?
Gemological Institute Of America Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gia.edu
Learn more at the official website: www.gia.edu
Mission Statement of Gemological Institute Of America Inc
The Gemological Institute of America Inc, with its mission statement yet to be provided, is a leading organization in the field of education. By focusing on this exempt purpose, the Institute has achieved remarkable accomplishments.
In the realm of gemology, the Gemological Institute of America Inc has made a significant impact. Through its dedication to educational pursuits, it has become a trusted authority in this specialized industry. By providing detailed and comprehensive training, the Institute empowers individuals to excel in their careers and develop a deep understanding of gems and jewelry.
The Institute's commitment to excellence in education extends beyond its programs and courses. It also offers a range of resources and services to help professionals stay updated on the latest industry trends and advancements. With its expertise and resources, the Gemological Institute of America Inc continues to set the standard in gemology education and contribute to the overall growth and development of the industry.
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Impact
October, 2024
The Gemological Institute of America Inc. (GIA) has a significant impact on the gem and jewelry industry through its focus on education and standards. By providing comprehensive gemological education, GIA equips individuals with the knowledge and skills necessary to evaluate gemstones accurately. This fosters trust and transparency in the industry, helping consumers make informed purchases.
GIA's research and grading services enhance the quality and integrity of gemstones in the marketplace. Its established grading systems for diamonds and colored stones are respected globally, setting benchmarks that promote ethical sourcing and fair trade practices.
Additionally, GIA's outreach and educational programs contribute to the advancement of gemology as a profession. By training aspiring gemologists and industry professionals, GIA ensures a knowledgeable workforce that upholds high standards of practice. This commitment to education not only benefits individuals but also elevates the entire industry, reinforcing consumer confidence in the quality and authenticity of the gems they purchase.
This information is meant to be a general summary of Gemological Institute Of America 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 2023.
- Investment Income: $72,575,453
- Program Service Revenue: $130,632,216
- Gross Receipts: $378,037,710
Assets and Liabilities:
- Total Assets: $676,668,895
- Total Liabilities: $57,328,289
- Net Assets: $619,340,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GEMOLOGICAL LABORATORY
Revenue
$115,424,626
TUITION & FEES
Revenue
$15,124,011
GEMOLOGY PUBLICATIONS
Revenue
$83,579
Organization Details
Founding Year
1931
Principal Officer
Susan Jacques
Website
www.gia.eduNTEE Category
Code: B600 - Education
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