Overview
What is Bestwork Industries For The Blind Inc?
Bestwork Industries for the Blind Inc. is a compassionate nonprofit organization situated in Cherry Hill, New Jersey. Their primary focus is to empower visually impaired individuals by offering rehabilitation and vocational training services. Their comprehensive offerings include evaluations, work adjustments, and extended employment opportunities. The organization collaborates closely with the National Industries for the Blind to secure federal contracts under the Javits, Wagner, O'Day Program, which is specifically designed for workers with visual impairments. This partnership allows Bestwork Industries to produce high-quality, mission-critical items for government agencies like the Army, Navy, and GSA, thereby providing meaningful employment opportunities for individuals with visual impairments. As of the provided information, they employ 122 individuals.
Official website here: www.bestworkindustries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
Bestwork Industries For The Blind Inc has received a low overall score of 56% on Charity Navigator, indicating significant concerns regarding its financial health and operational effectiveness. While the organization scores well in governance aspects, such as having a fully independent board and robust conflict of interest policies, these strengths are overshadowed by its poor performance in financial metrics.
The organization has failed to provide its tax form on its website, which is a critical transparency measure. Furthermore, it has a concerning liabilities to assets ratio of nearly 30%, suggesting potential financial instability. Additionally, the program expense ratio of 46.04% raises questions about the effectiveness of its funding allocation towards its core mission of supporting individuals who are blind or visually impaired.
Overall, while Bestwork Industries For The Blind Inc demonstrates strong governance practices, the financial metrics indicate areas of serious concern that may hinder its ability to effectively fulfill its mission. Potential supporters and stakeholders should consider these factors carefully when evaluating their involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bestwork Industries For The Blind Inc legitimate?
Bestwork Industries For The Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bestwork Industries For The Blind 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,948,234
For more financial information, click here
Official website here: www.bestworkindustries.org
What is the mission statement of Bestwork Industries For The Blind Inc?
Bestwork Industries for the Blind Inc. is a non-profit organization dedicated to providing opportunities for training and gainful employment to individuals who are blind or visually impaired. Through its close collaboration with the National Industries for the Blind, it secures federal contracts under the Javits, Wagner, O'Day program, specifically designed for workers with visual impairments. This collaboration allows Bestwork Industries to produce high-quality mission-critical items for various government agencies, such as the Army, Navy, and the General Services Administration (GSA). By fulfilling these contracts, Bestwork Industries is able to offer employment opportunities to individuals with visual impairments.
Official website here: www.bestworkindustries.org
Who is the CEO of Bestwork Industries For The Blind Inc?
Jon Katz is the Chairperson of Bestwork Industries For The Blind Inc. The CEO's salary of Bestwork Industries For The Blind Inc is $154,241 and their total compensation is $154,241.
Official website here: www.bestworkindustries.org
What is the revenue of Bestwork Industries For The Blind Inc?
Bestwork Industries For The Blind Inc's revenue in 2022 was $4,585,102.
Official website here: www.bestworkindustries.org
Who are the executives of Bestwork Industries For The Blind Inc and what are their salaries?
The average compensation at Bestwork Industries For The Blind Inc during 2022 was $15,969. There are 122 employees at Bestwork Industries For The Blind Inc.
Here are 12 key members and their salaries (Bestwork Industries For The Blind Inc's CEO's salary is $154,241 and their total compensation is $154,241):
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- Compensation: $154,241
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Official website here: www.bestworkindustries.org
Where can I find the form 990 for Bestwork Industries For The Blind Inc?
Bestwork Industries For The Blind Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bestworkindustries.org
Learn more at the official website: www.bestworkindustries.org
Mission Statement of Bestwork Industries For The Blind Inc
Bestwork Industries for the Blind, Inc. is a non-profit organization with a mission to offer employment opportunities and training for individuals who are blind or visually impaired. The organization collaborates closely with the National Industries for the Blind to secure federal contracts under the Javits, Wagner, O'Day program, which is specifically designed for workers with visual impairments. Through these contracts, Bestwork Industries produces high-quality mission-critical items for various government agencies, such as the Army, Navy, and the General Services Administration (GSA). This work not only provides valuable employment opportunities for individuals with visual impairments but also allows Bestwork Industries to contribute top-notch products to these organizations.
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Impact
October, 2024
Bestwork Industries For The Blind Inc. significantly enhances the lives of individuals with visual impairments by providing comprehensive rehabilitation and vocational training. Their services include evaluation, work adjustment, and extended employment, which help individuals develop the skills necessary to gain and maintain productive employment. By focusing on training and opportunities, Bestwork Industries creates a pathway for many vision-impaired individuals to enter the workforce.
The organization plays a critical role in facilitating access to federal government contracts through collaboration with the National Industries for the Blind. This partnership allows them to produce high-quality, mission-critical items for the Army, Navy, and General Services Administration (GSA), generating sustainable jobs for those who are blind or visually impaired.
The impact of Bestwork Industries extends beyond just employment; it fosters independence, confidence, and community engagement for those it serves. By empowering individuals through vocational training and employment opportunities, Bestwork Industries contributes to a more inclusive society where individuals with visual impairments can thrive and fully participate in the workforce.
This information is meant to be a general summary of Bestwork Industries For The Blind 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: -$18,952
- Gross Receipts: $15,419,706
Assets and Liabilities:
- Total Assets: $12,711,724
- Total Liabilities: $3,149,497
- Net Assets: $9,562,227
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Organization Details
Founding Year
1981
Phone
(856) 424-2410Principal Officer
Jon Katz
Main Address
1940 OLNEY AVE, CHERRY HILL, NJ, 08003
Website
www.bestworkindustries.orgNTEE Category
Code: J30Z - Employment
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