Overview
What is Manufacturer's Edge?
Manufacturer's Edge is a Colorado-based, nonprofit organization, serving as a State-wide Manufacturing Assistance Center. Their primary mission is to enhance the competitiveness of Colorado's manufacturers and contribute to the state's economic development. They achieve this through a collaborative forum. The organization offers on-site training and workshops, focusing on developing strong and successful methods in manufacturing. With a team of 17 dedicated individuals, Manufacturer's Edge strives to provide valuable resources and education to the manufacturing sector in Colorado.
Official website here: www.manufacturersedge.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Manufacturer's Edge has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas despite a strong accountability and finance score of 100%. The organization demonstrates significant strengths in governance, boasting a fully independent board and comprehensive policies for oversight, conflict of interest, and document retention. These aspects reflect a commitment to transparency and ethical management.
However, notable weaknesses are observed in financial health metrics, particularly a concerning liabilities to assets ratio of 542.57%, which suggests potential financial instability. Additionally, the program expense ratio stands at 58.26%, indicating that a significant portion of the budget may not be directed towards programs and services. Furthermore, the absence of the tax form on the nonprofit's website raises questions about accessibility and transparency of financial information.
Overall, while Manufacturer's Edge showcases robust governance and accountability practices, its financial challenges and lack of public documentation may hinder stakeholder confidence and community support. Addressing these limitations could enhance the organization's overall effectiveness and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Manufacturer's Edge legitimate?
Manufacturer's Edge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manufacturer's Edge 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: $258,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,409,129
For more financial information, click here
Official website here: www.manufacturersedge.com
What is the mission statement of Manufacturer's Edge?
Manufacturer's Edge serves as a state-wide manufacturing assistance center, committed to enhancing the competitiveness of manufacturers in Colorado. Its primary objective is to support the economic development of the region, operating within a collaborative forum. The organization provides on-site training and workshops, focusing on the development of robust and successful manufacturing methods.
Official website here: www.manufacturersedge.com
Who is the CEO of Manufacturer's Edge?
Glenn Plagens is the CEO of Manufacturer's Edge The CEO's salary of Manufacturer's Edge is $199,906 and their total compensation is $209,087.
Official website here: www.manufacturersedge.com
What is the revenue of Manufacturer's Edge?
Manufacturer's Edge's revenue in 2024 was $3,603,175.
Official website here: www.manufacturersedge.com
Who are the executives of Manufacturer's Edge and what are their salaries?
The average compensation at Manufacturer's Edge during 2024 was $119,086. There are 14 employees and 13 volunteers at Manufacturer's Edge.
Here are 17 key members and their salaries (Manufacturer's Edge's CEO's salary is $199,906 and their total compensation is $209,087):
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- Compensation: $199,906
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- Other: $9,181
- Compensation: $170,595
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- Other: $7,907
- Compensation: $131,843
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- Other: $6,109
- Compensation: $106,469
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- Other: $4,976
Official website here: www.manufacturersedge.com
Where can I find the form 990 for Manufacturer's Edge?
Manufacturer's Edge's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.manufacturersedge.com
Learn more at the official website: www.manufacturersedge.com
Mission Statement of Manufacturer's Edge
Manufacturer's Edge, as a state-wide manufacturing assistance center, is committed to enhancing the competitiveness of Colorado's manufacturers. Its mission is to contribute to Colorado's economic development by providing a collaborative platform. This organization aims to support manufacturers in boosting their efficiency and effectiveness through on-site training and workshops, where they can learn and implement successful manufacturing methods.
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Impact
October, 2024
Manufacturer's Edge plays a vital role in enhancing the competitiveness of Colorado's manufacturing sector. By offering targeted assistance and resources, the organization helps manufacturers adopt strong and effective operational methods that lead to improved efficiency and productivity. Through on-site training and workshops, it provides crucial educational opportunities that empower manufacturers to innovate and grow.
By fostering collaboration within the manufacturing community, Manufacturer's Edge contributes to the broader economic development of Colorado. Its initiatives not only strengthen individual businesses but also reinforce the state's manufacturing ecosystem, creating a more robust and resilient economy. The work performed by Manufacturer's Edge ultimately supports job creation and community improvement, solidifying its impact on both local and state levels.
This information is meant to be a general summary of Manufacturer's Edge. 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 2024.
- Program Service Revenue: $994,815
- Gross Receipts: $3,603,175
Assets and Liabilities:
- Total Assets: $381,926
- Total Liabilities: $981,128
- Net Assets: -$599,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$822,547
SUBRECIPIENT MATCHING
Revenue
$166,768
SPONSORSHIP INCOME
Revenue
$5,500
Organization Details
Founding Year
2004
Phone
(303) 592-4087Principal Officer
Glenn Plagens
Main Address
1667 COLE BLVD 400, LAKEWOOD, CO, 80401
Website
www.manufacturersedge.comNTEE Category
Code: S41 - Community improvement
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