Overview
What is Extraordinary Ventures Inc?
Extraordinary Ventures Inc., headquartered in Chapel Hill, North Carolina, is a dedicated nonprofit organization. Their mission is to offer vocational training and social opportunities for individuals aged 15 and above with developmental disabilities. The organization operates various programs, such as a conference event center, laundry services, office solutions, a gifts business (focusing on candles and soaps), pet walking, and transit cleaning. These initiatives serve as job platforms for individuals who may have limited employment options elsewhere. Extraordinary Ventures has gained recognition as a model for similar organizations in various markets. With a workforce of 51 employees, they provide employment and training to approximately 40 participants annually.
Official website here: www.extraordinaryventures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Extraordinary Ventures Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a perfect score in key areas such as having a fully independent board and a commendable program expense ratio of over 90%. These metrics indicate a strong commitment to transparency and effective resource allocation, contributing positively to its overall evaluation.
User feedback is overwhelmingly positive, with many reviewers highlighting the organization's mission to provide meaningful employment opportunities for individuals with disabilities. Clients and their families appreciate the supportive work environment and the skills development that occurs at Extraordinary Ventures. Reviewers express gratitude for the organization's impact on their loved ones and the community, emphasizing the pride that employees feel in their work.
While the reviews are very favorable, there may be limitations in public awareness of the services offered and the broader societal attitudes towards hiring individuals with disabilities. However, the consistent praise from clients, board members, and community members underscores the organization's importance in bridging employment gaps and fostering inclusion for adults with developmental disabilities.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Extraordinary Ventures Inc legitimate?
Extraordinary Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Extraordinary Ventures 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: $58,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $392,026
For more financial information, click here
Official website here: www.extraordinaryventures.org
What is the mission statement of Extraordinary Ventures Inc?
Extraordinary Ventures Inc's mission is centered around providing vocational training and social opportunities for individuals aged 15 and above who have developmental disabilities. The organization aims to offer these individuals job opportunities that may be limited elsewhere. Through various programs, such as conference event center operations, laundry services, office solutions, gift sales, pet walking, and transit cleaning, Extraordinary Ventures strives to empower its participants, making it a model program for similar organizations in various markets.
Official website here: www.extraordinaryventures.org
What is the revenue of Extraordinary Ventures Inc?
Extraordinary Ventures Inc's revenue in 2023 was $1,521,187.
Official website here: www.extraordinaryventures.org
Who are the executives of Extraordinary Ventures Inc and what are their salaries?
The average compensation at Extraordinary Ventures Inc during 2023 was $7,146. There are 63 employees and 3 volunteers at Extraordinary Ventures Inc.
Here are 10 key members and their salaries:
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Official website here: www.extraordinaryventures.org
Where can I find the form 990 for Extraordinary Ventures Inc?
Extraordinary Ventures Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.extraordinaryventures.org
Learn more at the official website: www.extraordinaryventures.org
Mission Statement of Extraordinary Ventures Inc
Extraordinary Ventures Inc, a nonprofit organization, is dedicated to offering vocational training and social opportunities for individuals aged 15 and above who have developmental disabilities. The mission of this organization is to provide these individuals with valuable job experiences and skills that may be limited in other settings. By operating a conference event center and various business programs, such as laundry services, office solutions, a gifts business (featuring candles and soaps), pet walking, and transit cleaning, Extraordinary Ventures creates job opportunities that cater to the unique abilities of its participants. This model program has gained recognition and serves as an inspiration for similar organizations in various markets.
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Impact
July, 2024
Extraordinary Ventures Inc has significantly impacted the lives of individuals with developmental disabilities by providing them with valuable vocational training and social opportunities. Through its various programs such as laundry services, office solutions services, gifts business, pet walking, and transit cleaning, the organization has offered employment and training to 40 participants. These programs have not only provided job opportunities to individuals who have limited options elsewhere but have also served as a model program for similar organizations in different market locations. This initiative in Chapel Hill, NC, demonstrates a dedication to empowering individuals with disabilities through meaningful work experiences and social integration.
This information is meant to be a general summary of Extraordinary Ventures 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: $3,115
- Program Service Revenue: $1,360,454
- Gross Receipts: $1,521,187
Assets and Liabilities:
- Total Assets: $399,097
- Total Liabilities: $92,603
- Net Assets: $306,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GIFT PROGRAM
Revenue
$37,120
LAUNDRY
Revenue
$126,469
OFFICE SOLUTIONS
Revenue
$888,083
RENTALS
Revenue
$246,452
SIMPLE CLEAN
Revenue
$41,990
Organization Details
Founding Year
2007
Principal Officer
Lisa Kaylie
NTEE Category
Code: J00 - Employment
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