Overview
What is Mikeroweworks Foundation?
The Mikeroweworks Foundation is a philanthropic organization that collaborates with various charities to combat the skills gap issue. They distinguish themselves by granting scholarships to exceptional students demonstrating dedication and proficiency in a specialized trade. By debunking misconceptions and stereotypes surrounding skilled trades, the foundation aims to contribute to bridging this skill disparity. The Mikeroweworks Foundation serves as a beacon of support for aspiring individuals in this field.
Official website here: www.mikeroweworks.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Mikeroweworks Foundation has received an 80% rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The organization demonstrates strong program expense efficiency, with 83.45% of its expenditures directed toward programs, and maintains a low fundraising cost of just $0.02 per dollar raised. This suggests that the foundation effectively utilizes its resources to support its mission.
While the foundation shows strengths in several areas, including having a documented conflict of interest policy and a robust working capital ratio, there are notable weaknesses in board independence. Only 42% of board members are independent, and the independent board size is limited to just three members, which may impact governance. The organization also lacks publicly available financial statements, which could raise transparency concerns among potential donors.
Overall, Mikeroweworks Foundation appears to be effectively fulfilling its mission while managing its financial responsibilities. However, addressing the areas of board independence and enhancing transparency through available financial statements could further strengthen its standing and appeal to supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mikeroweworks Foundation legitimate?
Mikeroweworks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mikeroweworks Foundation 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: $98,657
For more financial information, click here
Official website here: www.mikeroweworks.com
What is the mission statement of Mikeroweworks Foundation?
The Mikeroweworks Foundation's mission is centered around debunking misconceptions and misunderstandings surrounding the skilled trades. They strive to bridge the skills gap by working collaboratively with charitable organizations. A key aspect of their mission is to recognize and reward deserving students who demonstrate exceptional work ethic and proficiency in a skilled trade, by providing them with scholarships.
Official website here: www.mikeroweworks.com
Who is the CEO of Mikeroweworks Foundation?
Michael G Rowe is the Ceo And Cfo of Mikeroweworks Foundation. The CEO's salary of Mikeroweworks Foundation is $0 and their total compensation is $0.
Official website here: www.mikeroweworks.com
What is the revenue of Mikeroweworks Foundation?
Mikeroweworks Foundation's revenue in 2022 was $4,366,644.
Official website here: www.mikeroweworks.com
Who are the executives of Mikeroweworks Foundation and what are their salaries?
The average compensation at Mikeroweworks Foundation during 2022 was $8,221. There are 12 employees at Mikeroweworks Foundation.
Here are 7 key members and their salaries (Mikeroweworks Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mikeroweworks.com
Where can I find the form 990 for Mikeroweworks Foundation?
Mikeroweworks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mikeroweworks.com
Learn more at the official website: www.mikeroweworks.com
Mission Statement of Mikeroweworks Foundation
The Mikeroweworks Foundation, a nonprofit organization, is committed to debunking misconceptions and addressing the misperceptions surrounding the skilled trades. Its primary mission is to bridge the skills gap by collaborating with various charitable institutions. The foundation showcases its support through scholarships, granted to students who display a remarkable work ethic and proficiency in a skilled trade. By doing so, the Mikeroweworks Foundation plays a crucial role in addressing the shortage of skilled labor and fostering a new generation of talented professionals in various trades.
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Impact
October, 2024
The Mikeroweworks Foundation plays a crucial role in addressing the skills gap in the workforce by debunking myths and misconceptions about the skilled trades. By partnering with charitable organizations, the foundation supports initiatives aimed at elevating the perception of skilled trades and encouraging more individuals to pursue rewarding career paths in these fields.
One significant impact of the foundation is its scholarship program, which awards funding to students who demonstrate outstanding work ethic and skills in a skilled trade. This not only helps alleviate financial barriers for these students but also fosters a new generation of skilled workers who are essential to various industries.
Through its efforts, the Mikeroweworks Foundation contributes to creating a well-trained, knowledgeable workforce while promoting the value of skilled trades, ultimately benefiting communities and the economy at large. Its commitment to education and workforce development helps inspire a shift in attitudes toward skilled trades, ensuring that these vital professions receive the recognition they deserve.
This information is meant to be a general summary of Mikeroweworks Foundation. 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: $88,911
- Gross Receipts: $8,245,841
Assets and Liabilities:
- Total Assets: $8,932,184
- Total Liabilities: $92,574
- Net Assets: $8,839,610
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Organization Details
Founding Year
2008
Phone
(310) 277-4657Principal Officer
Michael G Rowe
Main Address
10960 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA, 900243708
Website
www.mikeroweworks.comNTEE Category
Code: T30 - Philanthropy
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