Overview
What is Works In Progress Nyc?
Works in Progress NYC is a dual-purpose entity, functioning as a full-service silk screening and graphic design company alongside its role as a nonprofit organization. Their primary mission is to offer on-the-job training opportunities to high school students, accepting candidates from local schools to earn educational credits towards their high school degree. This practical experience prepares them for the real world of work, allowing them to gain valuable skills and insights. In this capacity, Works in Progress NYC plays an essential role in fostering youth development and employment readiness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Works In Progress NYC has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The nonprofit demonstrates strong governance, with an entirely independent board and effective oversight practices, earning high marks in areas such as board size and documentation of meeting minutes.
However, the organization faces challenges in its financial ratios, particularly with a high liabilities to assets ratio, which might raise concerns about its financial stability. Despite a strong program expense ratio indicating a focus on its mission, the overall financial health is a critical area that requires attention.
Salaries for key personnel vary, with the Executive Director earning a substantial salary compared to other board members who receive little to no compensation. This could prompt discussions about compensation structures and their alignment with the nonprofit's overall financial strategy.
This AI summary has been generated from information found on Charity Navigator.
Is Works In Progress Nyc legitimate?
Works In Progress Nyc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Works In Progress Nyc 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: $100,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,203
For more financial information, click here
What is the mission statement of Works In Progress Nyc?
Works in Progress NYC's mission is to offer on-the-job training to high school students from local schools. This training is designed to allow them to earn educational credits towards their high school degree, while simultaneously providing them with valuable work experience and job readiness skills. The organization serves as a bridge between academic learning and the real-world work environment, enabling students to gain practical knowledge and enhance their chances of securing future employment opportunities. By offering this unique program, Works in Progress NYC aims to contribute to the personal and professional development of young individuals, thereby preparing them for their future careers.
Who is the CEO of Works In Progress Nyc?
Emily Clark is the President of Works In Progress Nyc.
What is the revenue of Works In Progress Nyc?
Works In Progress Nyc's revenue in 2022 was $1,105,060.
Who are the executives of Works In Progress Nyc and what are their salaries?
The average compensation at Works In Progress Nyc during 2022 was $29,836. There are 13 employees at Works In Progress Nyc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $8,325
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $100,663
- Related: $0
- Other: $0
Where can I find the form 990 for Works In Progress Nyc?
Works In Progress Nyc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Works In Progress Nyc
Works In Progress NYC, as a not-for-profit organization, is committed to providing on-the-job work training for high school students. This mission is accomplished by accepting candidates from local schools, offering them the opportunity to earn educational credits towards their high school degree while gaining practical experience in the workplace. By doing so, Works In Progress NYC not only serves as a full-service silk screening and graphic design company but also contributes to the development of young individuals, preparing them for the real world of work. This initiative not only provides valuable work experience but also plays a crucial role in enhancing the students' job readiness skills.
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Impact
August, 2024
Works In Progress Nyc's impact is evident in the meaningful on-the-job work training it provides to high school students from local schools. By accepting these candidates for internships, the organization offers valuable job readiness skills and real-world work experience. This initiative not only helps students earn educational credits towards their high school degree but also equips them with practical skills that are essential for their future success in the workforce. Through its work in silk screening and graphic design, Works In Progress Nyc plays a significant role in shaping the academic and professional development of young individuals in New York City.
This information is meant to be a general summary of Works In Progress Nyc. 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.
- Program Service Revenue: $1,069,409
- Gross Receipts: $1,105,060
Assets and Liabilities:
- Total Assets: $536,803
- Total Liabilities: $403,625
- Net Assets: $133,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,069,409
Organization Details
Principal Officer
Emily Clark
Main Address
59 EAST 4TH STREET, NEW YORK, NY, 10003
NTEE Category
Code: B99 - Education
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