Overview
What is Workforce Inc?
Workforce Inc, operating under the DBA RecycleForce, is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to strengthen local communities by assisting employers in building a stronger workforce. They achieve this by focusing on a triple bottom line, encompassing social, environmental, and economic success. RecycleForce, a division of Workforce Inc, takes discarded items like old electronics and retail returns, and transforms them into valuable commodities. Simultaneously, they provide immediate employment opportunities for returning citizens, offering strong wages, on-site training, and supportive services. Through their programs, they aim to help these individuals secure stable employment, thereby reducing recidivism rates. Additionally, RecycleForce keeps electronic waste out of landfills, positively impacting the environment, and contributes to the manufacturing of new products. The organization also boasts a partnership with Keys2Work, which assists program participants with their next steps towards employment. Overall, Workforce Inc and its divisions are dedicated to creating a cleaner, safer community while providing a second chance to returning citizens.
Official website here: www.work-force-inc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Workforce Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an impressive 89% in accountability and finance, the organization showcases effective management practices, including a fully independent board and comprehensive oversight mechanisms. Their program expense ratio is robust at 68.40%, indicating a significant portion of funds directed towards their mission.
Despite these strengths, there are areas for improvement, particularly in equity strategies and data collection. The organization's score in equity policies and processes is notably low, which may suggest a need for more focus on inclusivity and equitable practices within their operations. While they have received high marks for constituent feedback and engagement, the limited equity data could hinder their overall effectiveness in serving diverse communities.
Overall, Workforce Inc demonstrates strong financial health and governance, but it would benefit from enhancing its equity strategies to better align with contemporary nonprofit standards and community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Workforce Inc legitimate?
Workforce Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce 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: $100,290
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For more financial information, click here
Official website here: www.work-force-inc.com
What is the mission statement of Workforce Inc?
Workforce Inc, through its subsidiary RecycleForce, aims to strengthen communities by assisting local employers in building a better workforce. This is achieved by employing individuals immediately upon their release from incarceration and providing them with competitive wages, on-site training, and various support services. The goal is to help these individuals secure stable jobs, reducing recidivism rates and contributing to public safety. Additionally, RecycleForce recycles electronic waste, keeping hazardous materials out of landfills and introducing recycled commodities back into the manufacturing stream. This triple bottom line approach not only benefits society but also helps companies find needed labor and positively impacts the local economy.
Official website here: www.work-force-inc.com
Who is the CEO of Workforce Inc?
Gregg Keesling is the Board Member of Workforce Inc.
Official website here: www.work-force-inc.com
What is the revenue of Workforce Inc?
Workforce Inc's revenue in 2022 was $10,288,561.
Official website here: www.work-force-inc.com
Who are the executives of Workforce Inc and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.work-force-inc.com
Where can I find the form 990 for Workforce Inc?
Workforce Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.work-force-inc.com
Learn more at the official website: www.work-force-inc.com
Mission Statement of Workforce Inc
Workforce Inc, a nonprofit organization, is committed to strengthening communities in Central Indiana by assisting local employers in building a more competent workforce. Their mission is multifaceted, focusing on social, environmental, and economic success. They achieve this by transforming discarded items, such as old electronics and retail returns, and employing individuals who have recently been released from incarceration, often through the Returning Citizens Society.
By providing immediate employment, strong wages, on-site training, and various support services like mental health and substance use services, mentoring, banking and budgeting, transportation, and housing assistance, Workforce Inc helps these individuals integrate back into society successfully. This approach reduces recidivism, contributing to public safety, increasing tax revenue, encouraging child support payments, decreasing overcrowding in jails and prisons, and decreasing the cost of incarceration and public aid for families without wage earners.
Moreover, Workforce Inc recycles electronic waste, keeping it out of landfills and turning it into industrial feedstock, which is then introduced back into the manufacturing stream to create new products. This process positively impacts the environment and helps companies find needed labor, thereby leading to a cleaner and safer community. In addition, Workforce Inc's programs and services contribute to various social outcomes, including reducing government expenditures, growing the economy, stabilizing families, and helping industries and employers employ returning citizens successfully.
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Impact
October, 2024
Workforce Inc significantly strengthens Central Indiana communities by enhancing the local workforce while addressing social and environmental challenges. The organization operates under the principle of a triple bottom line, measuring success through social, environmental, and economic impact.
One of Workforce Inc's primary initiatives, RecycleForce, transforms discarded materials, such as electronic waste and retail returns, into valuable resources, thereby reducing landfill contributions. In FY2022, they successfully recycled 6 million pounds of electronic waste, which not only cleans up the environment but also contributes raw materials back into manufacturing processes.
At the same time, Workforce Inc focuses on reintegrating returning citizens into society, employing 569 individuals in FY2022. The program offers strong wages, on-the-job training, and comprehensive support services, including mental health and substance use help, thus significantly reducing recidivism rates. While the national average rates range from 45% to 70%, participants in Workforce Inc's programs had a recidivism rate of just 11% in 2022, reflecting a profound impact on public safety.
Moreover, the organization actively contributes to the local economy, with over $20 million in wages paid and $3 million in taxes collected since its inception. As part of their employment model, participants are encouraged to pursue further education and vocational training, enhancing their career prospects through partnerships like the one with Ivy Tech Community College.
This holistic approach effectively curtails government expenditures related to crime and incarceration while promoting stable family dynamics through consistent child support payments. Workforce Inc stands as a crucial catalyst for social change, environmental stewardship, and economic growth, creating a cleaner and safer community while building a better workforce for the future.
This information is meant to be a general summary of Workforce 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 2022.
- Investment Income: $298,967
- Program Service Revenue: $3,062,037
- Gross Receipts: $10,288,561
Assets and Liabilities:
- Total Assets: $13,620,782
- Total Liabilities: $8,523,042
- Net Assets: $5,097,740
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES
Revenue
$1,989,842
RECYCLE SALES
Revenue
$782,718
OTHER REVENUE
Revenue
$289,477
Organization Details
Founding Year
2003
Phone
(317) 532-1367Principal Officer
Gregg Keesling
Main Address
PO BOX 441390, INDIANAPOLIS, IN, 46244
Website
www.work-force-inc.comNTEE Category
Code: J20 - Employment
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