Overview
What is Business Training Institute Inc?
Business Training Institute Inc, located at 200 Genesee Street, Utica, NY 13502, is a recognized community leader in educational services. As a nonprofit organization, their mission is to foster positive changes in individuals' behaviors. They specialize in after-school activities for low-performing students and their families within the Utica City School District, offering various programs such as tutoring, career exploration, entrepreneurship, and health and wellness initiatives. Their offerings extend beyond education, addressing basic needs and promoting self-sufficiency within the community. Their operations are supported by government contributions amounting to $1,069,881. With a workforce of 148, Business Training Institute Inc aims to empower individuals and families to become self-supporting.
Official website here: www.businesstraininginstitute.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Business Training Institute Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in various metrics, including having a fully independent board of directors, which enhances its governance structure. With a high program expense ratio of 93.43%, the majority of its funds are directed towards its programs, indicating a commitment to its mission.
The organization has robust financial oversight mechanisms in place, such as an Audit and Oversight Committee, and it adheres to best practices with comprehensive policies related to conflict of interest, whistleblower protection, and document retention. Additionally, the absence of material diversion of assets and transparent financial reporting further reinforce its credibility.
While the data highlights numerous strengths, it does not provide insights into the program outcomes or community impact, which are also critical aspects of nonprofit effectiveness. Overall, Business Training Institute Inc demonstrates strong fiscal health and governance, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Business Training Institute Inc legitimate?
Business Training Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Training Institute 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: $284,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $847,264
For more financial information, click here
Official website here: www.businesstraininginstitute.org
What is the mission statement of Business Training Institute Inc?
The Business Training Institute Inc., functioning as a not-for-profit organization, is recognized as a community leader in delivering educational services aiming to bring about positive changes by altering individuals' behaviors. This institution provides innovative and top-notch programs and services, operating on a community basis. Its primary goal is to aid youth, parents, families, and the wider community in meeting their fundamental needs, while also enhancing their ability to become self-supporting.
Official website here: www.businesstraininginstitute.org
Who is the CEO of Business Training Institute Inc?
Deborah Jennings is the President (Through Oct 2022) of Business Training Institute Inc.
Official website here: www.businesstraininginstitute.org
What is the revenue of Business Training Institute Inc?
Business Training Institute Inc's revenue in 2022 was $1,519,666.
Official website here: www.businesstraininginstitute.org
Who are the executives of Business Training Institute Inc and what are their salaries?
The average compensation at Business Training Institute Inc during 2022 was $7,649. There are 148 employees and 6 volunteers at Business Training Institute Inc.
Here are 8 key members and their salaries:
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- Compensation: $160,160
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- Other: $5,406
- Compensation: $106,420
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- Other: $12,846
Official website here: www.businesstraininginstitute.org
Where can I find the form 990 for Business Training Institute Inc?
Business Training Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.businesstraininginstitute.org
Learn more at the official website: www.businesstraininginstitute.org
Mission Statement of Business Training Institute Inc
Business Training Institute Inc, as a recognized community leader in educational services, is committed to achieving positive outcomes by altering individuals' behavior. This not-for-profit organization's mission is to assist in the provision of innovative and high-quality programs and services, aimed at promoting self-help for youth, parents, families, and the community at large. By addressing the most fundamental and critical needs, Business Training Institute Inc seeks to enhance the ability of its clients to become self-sufficient.
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Impact
October, 2024
Business Training Institute Inc significantly impacts the community of Utica, NY, through its dedicated educational services aimed at transforming behavior and fostering self-sufficiency among individuals and families. The 21st Century Community Learning Center program caters to low-performing middle and high school students, offering a range of after-school activities designed to enrich their educational experience.
These activities include tutoring, which directly helps improve academic performance, and active family learning series that engage parents in their children’s education. Additionally, the program emphasizes career exploration and entrepreneurship, equipping students with essential skills for future success. Financial management, health and wellness initiatives, and opportunities in theater and the performing arts further enhance the participants' overall development, promoting a well-rounded education.
Through government contributions totaling $1,069,881, BTI provides critical resources that enable youth and families to access these programs. By addressing both educational and social needs, BTI acts as a catalyst for community improvement, creating a supportive environment that guides individuals toward becoming self-supporting and capable of navigating life's challenges. This commitment positions BTI as a leader in fostering positive behavioral changes and empowering the community at large.
This information is meant to be a general summary of Business Training Institute 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.
- Gross Receipts: $1,519,666
Assets and Liabilities:
- Total Assets: $385,795
- Total Liabilities: $223,132
- Net Assets: $162,663
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Organization Details
Founding Year
1991
Phone
(315) 733-9848Principal Officer
Deborah Jennings
Main Address
200 Genesee Street, Utica, NY, 13502
NTEE Category
Code: S43 - Community improvement
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