Overview
What is Red Oak Industries Inc?
Red Oak Industries Inc, based in Franklin, Indiana, is a nonprofit organization with a mission to create employment opportunities for individuals with disabilities. They achieve this by undertaking various contracts, including cleaning services, delivery, and shuttle services, as well as order fulfillment. This nonprofit employs a workforce of 125 individuals, catering to the needs of the community and offering valuable job prospects to those with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Red Oak Industries Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in certain areas, such as having a fully independent board and a strong program expense ratio, which reflects that a significant portion of its resources is directed towards its core mission.
However, the nonprofit faces notable weaknesses, particularly in financial transparency. The absence of financial statements and failure to comply with website posting requirements for tax forms significantly detracts from its rating. Additionally, the lack of a whistleblower policy and inadequate documentation retention practices raise concerns about governance and accountability.
Overall, while Red Oak Industries Inc demonstrates strengths in board independence and its dedication to program spending, improvements in financial disclosure and policy implementation are necessary to enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Red Oak Industries Inc legitimate?
Red Oak Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Oak Industries 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: $81,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,844
For more financial information, click here
What is the mission statement of Red Oak Industries Inc?
Red Oak Industries Inc initiates employment opportunities for individuals with disabilities. This is achieved through various means, including cleaning contracts, delivery and shuttle services, and order fulfillment. The organization's primary focus is to provide a platform for individuals with disabilities to secure employment, thereby contributing to their overall empowerment and integration into the workforce. By undertaking these tasks, Red Oak Industries Inc is committed to fostering inclusivity and equality in the employment sector.
What is the revenue of Red Oak Industries Inc?
Red Oak Industries Inc's revenue in 2024 was $570,593.
Who are the executives of Red Oak Industries Inc and what are their salaries?
The average compensation at Red Oak Industries Inc during 2024 was $3,807. There are 97 employees and 6 volunteers at Red Oak Industries Inc.
Here are 7 key members and their salaries:
- Compensation: $61,714
- Related: $0
- Other: $19,685
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Red Oak Industries Inc?
Red Oak Industries Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Red Oak Industries Inc
Red Oak Industries Inc, a notable entity, is dedicated to providing employment opportunities for individuals with disabilities. This mission is accomplished through various means, including cleaning contracts, delivery and shuttle services, and order fulfillment. By undertaking these tasks, Red Oak Industries Inc creates a platform for individuals with disabilities to gain employment and contribute to the workforce, thereby fostering inclusivity and equality in the job market.
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Impact
October, 2024
Red Oak Industries Inc has a significant impact on the community by creating meaningful employment opportunities for persons with disabilities. By engaging in various service contracts, including cleaning, delivery and shuttle services, as well as order fulfillment, the organization fosters a supportive work environment where individuals can develop skills and gain valuable work experience. This initiative not only enhances the economic independence of its employees but also promotes inclusivity and diversity in the workforce. Located in Franklin, IN, Red Oak Industries Inc addresses a critical need for accessible employment options, empowering individuals and positively influencing the community as a whole.
This information is meant to be a general summary of Red Oak Industries 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 2024.
- Investment Income: $67
- Program Service Revenue: $570,526
- Gross Receipts: $570,593
Assets and Liabilities:
- Total Assets: $659,257
- Total Liabilities: $154,235
- Net Assets: $505,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JANITORIAL SERVICES
Revenue
$570,526
Organization Details
Founding Year
2006
Principal Officer
Melanie Zimmerman
NTEE Category
Code: J30 - Employment
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