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Training Resources Of America Inc

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

EIN: 042652922 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Training Resources Of America Inc?

Training Resources of America Inc, located at 390 Main Street Suite 806, Worcester, MA 01608, is a nonprofit organization committed to empowering educationally and economically disadvantaged youth and adults. Their mission is to equip these individuals with fundamental education, work, and life skills, enabling them to become financially independent, lead fulfilling lives, and secure a better future for themselves and their families. The organization offers various programs, including HISET (High School Equivalency Test), adult education, English as a Second Language (ESL), counseling, job readiness training, higher education, internships, recruitment, assessment, and follow-up services. In the past year, Training Resources of America Inc served 437 participants, achieving over 399 positive outcomes, such as HISET certifications, grade improvements, placements, and higher education accomplishments. With a dedicated workforce of 70 employees, the organization continues to make a significant impact in the lives of its community members.


Official website here: www.tra-inc.org

What are the reviews and ratings of this charity?

96% rating from Charity Navigator indicates that Training Resources of America Inc has earned a Four-Star out of Four Star rating, reflecting its strong performance in accountability and finance. This high score highlights the organization's effective management of financial resources and adherence to best practices in governance.

The organization demonstrates a commitment to transparency with 88% of its board members being independent and maintaining thorough financial oversight through a dedicated Audit and Oversight Committee. Furthermore, it has robust policies in place, including conflict of interest and whistleblower policies, which contribute to its solid governance framework.

One of the notable strengths of Training Resources of America Inc is its impressive program expense ratio of 82.85%, showing that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, it maintains a favorable liabilities to assets ratio of 44.69%, suggesting a healthy financial position. Overall, the organization appears well-managed with a strong focus on its mission.


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

What do the Facebook reviews say about Training Resources Of America Inc?

100% of 8 reviewers on Facebook recommend Training Resources of America Inc. Here is a summary of their reviews:

There is a strong consensus among reviewers who express genuine appreciation for the work that the organization is doing. Many highlight the positive impact on the lives of individuals and families, indicating that the nonprofit effectively meets its mission.

Overall, the sentiment is overwhelmingly supportive, with individuals encouraging the organization to continue its valuable efforts. The reviews reflect a deep sense of gratitude and acknowledgement for the contributions that Training Resources of America Inc. makes to the community.


This AI summary has been generated from reviews found on Facebook.

Is Training Resources Of America Inc legitimate?

Training Resources Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Training Resources 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: $188,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,432,879

For more financial information, click here


Official website here: www.tra-inc.org

What is the mission statement of Training Resources Of America Inc?

Training Resources of America is committed to providing educationally and economically disadvantaged youth and adults with the opportunity to acquire essential education, work, and life skills. This organization aims to help them become economically self-sufficient, lead fulfilling lives, and ensure a better future for themselves and their families. They accomplish this by offering various educational training programs such as HISET, adult education, English for speakers of other languages, job readiness training, higher education, internships, recruitment, assessment, follow-up services, and more. Through their efforts, 437 participants were served, and over 399 positive outcomes, including HISET certifications, grade improvements, placements, and higher education, were achieved.


Official website here: www.tra-inc.org

Who is the CEO of Training Resources Of America Inc?

Kim Radcliffe is the Chairperson of Training Resources Of America Inc.


Official website here: www.tra-inc.org

What is the revenue of Training Resources Of America Inc?

Training Resources Of America Inc's revenue in 2022 was $2,553,037.


Official website here: www.tra-inc.org

Who are the executives of Training Resources Of America Inc and what are their salaries?

The average compensation at Training Resources Of America Inc during 2022 was $23,159. There are 70 employees and 11 volunteers at Training Resources Of America Inc.


Here are 9 key members and their salaries:


Paul Mcnamara (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kilgore (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianna Riemer (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Douglas Haddad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Marcum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Palitsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Radcliffe (President)
  • Compensation: $87,650
  • Related: $0
  • Other: $7,189
Mary Gleason (Cfo)
  • Compensation: $71,361
  • Related: $0
  • Other: $1,111


Official website here: www.tra-inc.org

Where can I find the form 990 for Training Resources Of America Inc?

Training Resources Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tra-inc.org

Learn more at the official website: www.tra-inc.org

Mission Statement of Training Resources Of America Inc

Training Resources of America, Inc., is committed to providing an opportunity for educationally and economically disadvantaged youth and adults. Their mission is to equip these individuals with the essential basic education, work, and life skills needed to become economically self-sufficient, lead fulfilling lives, and secure a better future for themselves and their families. The organization offers a wide range of services, including HISET (High School Equivalency Test) preparation, adult education, English for Speakers of Other Languages (ESOL), counseling, job readiness training, higher education, internships, recruitment, assessment, and follow-up services. Through these programs, 437 participants were served, and more than 399 positive outcomes, such as HISET certification, grade gains, placements, and higher education, were achieved.

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Impact




July, 2024

Training Resources Of America Inc's impact can be seen in the positive outcomes achieved by the 437 participants it served. By providing educational training for youth and adults, including programs such as HISET, adult education, English for speakers of other languages, counseling, job readiness training, higher education, internships, recruitment, assessment, and follow-up services, the organization has helped individuals acquire the basic education, work, and life skills needed to become economically self-sufficient.

Through its efforts, Training Resources Of America Inc has enabled more than 399 individuals to achieve positive outcomes such as obtaining HISET credentials, improving grade levels, securing placements, pursuing higher education, and more. By empowering educationally and economically disadvantaged individuals, the organization is contributing to building a better future not only for the participants themselves but also for their families and the community at large.




This information is meant to be a general summary of Training Resources 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.

Revenue
$2,553,037 (2022)
Expenses
$2,472,649 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $878
  • Gross Receipts: $2,553,037

Assets and Liabilities:

  • Total Assets: $1,006,007
  • Total Liabilities: $101,744
  • Net Assets: $904,263

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Organization Details

Founding Year

1975

Principal Officer

Kim Radcliffe

Main Address

390 MAIN STREEET SUITE 806, WORCESTER, MA, 01608

NTEE Category

Code: J200 - Employment

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