Overview
What is Philadelphia Techinician Training I?
Philadelphia Techinician Training I is a nonprofit institution situated at 7446 Ogontz Avenue, Philadelphia, Pennsylvania. The organization's primary mission is to equip unemployed, underemployed, and at-risk individuals living in the Philadelphia area with technical skills through comprehensive education and training programs. By doing so, the school aims to help these individuals secure gainful employment, ultimately fostering self-sufficiency and improving their overall quality of life. The school also accommodates specific demographic groups such as those on public assistance, disabled individuals, and non-violent ex-offenders, providing them with an opportunity to boost their employability and contribute positively to their communities.
Official website here: www.ptt.edu
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**
Philadelphia Technician Training I has earned a Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health, with a strong 100% program expense ratio and no material diversion of assets reported. However, its score is solely based on Accountability & Finance metrics, highlighting some limitations, as areas such as Leadership & Adaptability, Culture & Community, or Impact & Measurement were not assessed in the rating.
The organization is fully compliant in many aspects of financial governance, reflected in its solid auditing practices and conflict of interest policies. Nevertheless, the organization has no independent board members, which could raise concerns regarding governance and oversight from external perspectives. The fiscal efficiency and sustainability metrics suggest a reliable operational structure, but the lack of independent oversight dilutes the overall integrity of the governance model.
User reviews from GreatNonprofits are currently unavailable, but the organization’s financial metrics and governance practices reflect a robust foundation for accountability. Future assessments may offer insights into its leadership effectiveness and community impact, which would provide a more comprehensive view of its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Philadelphia Techinician Training I?
While Philadelphia Technician Training Institute currently has not received an overall rating, the early reviews suggest a positive outlook. One reviewer specifically highlighted their experience in welding courses, expressing deep gratitude for the impact the training had on their life.
This implies that the organization may be fulfilling its mission by providing valuable technical education. The emotional weight of the feedback suggests attendees feel a sense of personal growth and opportunity through the programs offered.
Overall, the sentiment reflects that those who have engaged with the program feel supported and appreciative of the skills they've gained. If the nonprofit continues to receive and build on such testimonials, it may further strengthen its reputation in the community.
This AI summary has been generated from reviews found on Facebook.
Is Philadelphia Techinician Training I legitimate?
Philadelphia Techinician Training I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Techinician Training I 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: $5,699,682
For more financial information, click here
Official website here: www.ptt.edu
What is the mission statement of Philadelphia Techinician Training I?
Philadelphia Techinician Training I is committed to educating and developing skills for individuals who fall under various at-risk demographic groups, including the unemployed, underemployed, individuals on public assistance, disabled individuals, and non-violent ex-offenders. The school's mission is to provide these students with the necessary technical training, with the ultimate goal of helping them secure gainful employment. The institution is dedicated to serving communities in and around Philadelphia.
Official website here: www.ptt.edu
Who is the CEO of Philadelphia Techinician Training I?
Sherman O Mcleod is the President of Philadelphia Techinician Training I.
Official website here: www.ptt.edu
What is the revenue of Philadelphia Techinician Training I?
Philadelphia Techinician Training I's revenue in 2022 was $9,897,713.
Official website here: www.ptt.edu
Who are the executives of Philadelphia Techinician Training I and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $412,491
- Related: $0
- Other: $0
- Compensation: $293,662
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ptt.edu
Where can I find the form 990 for Philadelphia Techinician Training I?
Philadelphia Techinician Training I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ptt.edu
Learn more at the official website: www.ptt.edu
Mission Statement of Philadelphia Techinician Training I
Philadelphia Techinician Training I is committed to fostering the development of skills and providing education for individuals who fall into various at-risk demographic groups, such as the unemployed, underemployed, individuals on public assistance, disabled individuals, non-violent ex-offenders, and others residing in the Philadelphia and surrounding communities. The organization's mission is to equip these individuals with technical knowledge, with the ultimate goal of securing gainful employment for them. By offering training programs, Philadelphia Techinician Training I aims to empower these vulnerable populations and contribute to their overall societal integration and self-sufficiency.
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Impact
October, 2024
Philadelphia Technician Training I significantly impacts the local community by equipping individuals from underserved and at-risk demographics with essential skills and education. By focusing on those who are unemployed, underemployed, on public assistance, disabled, or non-violent ex-offenders, the program addresses critical barriers to employment.
The technical training provided empowers students to gain qualifications that enhance their employability, ultimately leading to gainful employment. This transformative process not only benefits the individuals receiving the training but also contributes to the overall economic vitality of Philadelphia and its surrounding areas. By fostering a skilled workforce, the program helps reduce reliance on public assistance, aids in community revitalization, and encourages social mobility for participants.
Moreover, Philadelphia Technician Training I cultivates a supportive learning environment, enabling students to overcome personal challenges and build self-confidence as they prepare for careers in various technical fields. The school’s commitment to serving at-risk populations plays a vital role in promoting equity and opportunity within the community.
This information is meant to be a general summary of Philadelphia Techinician Training I. 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: $9,066,413
- Gross Receipts: $9,897,713
Assets and Liabilities:
- Total Assets: $9,892,934
- Total Liabilities: $4,231,891
- Net Assets: $5,661,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Tuition Income
Revenue
$9,066,413
Organization Details
Founding Year
2010
Principal Officer
Sherman O Mcleod
Main Address
7446 Ogontz Avenue, Philadelphia, PA, 19138
Website
www.ptt.eduNTEE Category
Code: B30 - Education
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