Overview
What is Emerging Industries Training Institute?
The Emerging Industries Training Institute is a nonprofit organization that focuses on providing vocational education to underserved communities. Its mission is to equip both adolescents and adults with necessary skills and knowledge through comprehensive training programs. The institute offers vocational training, culminating in the completion of skilled trade certifications for over 30 students. The primary goal is to empower these communities by equipping them with essential vocational skills, thereby enhancing their employability and overall livelihood.
Official website here: www.eitinstitute.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Emerging Industries Training Institute has garnered a Two-Star rating, reflecting a moderate level of accountability and financial health. The organization has performed well in certain areas, achieving a perfect score for having a fully independent board and effective management of its liabilities, indicating a strong governance structure. However, the absence of financial statements and several key policies, such as a whistleblower policy, has led to a lower overall score.
The program expense ratio is commendable at 78.38%, suggesting that a significant portion of funds is directed towards its programs rather than administrative costs. This indicates a commitment to its mission and effectiveness in utilizing resources. Nonetheless, the lack of transparency in financial reporting and missing documentation policies may raise concerns among potential donors regarding the organization’s operational practices.
Overall, while the Emerging Industries Training Institute demonstrates solid programmatic focus and governance, it faces challenges related to transparency and documentation. Addressing these gaps could significantly enhance donor confidence and overall rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Emerging Industries Training Institute legitimate?
Emerging Industries Training Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerging Industries Training Institute 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: $118,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.eitinstitute.org/
What is the mission statement of Emerging Industries Training Institute?
The Emerging Industries Training Institute is established with a mission to empower underserved communities by providing vocational training to both adolescents and adults. Their primary objective is to equip individuals with the necessary skills and knowledge needed to succeed in various trades. The institute offers vocational education, leading to the completion of skilled trade certifications for over 30 students. This initiative aims to provide individuals from underserved communities with the opportunity to secure employment and improve their livelihoods.
Official website here: www.eitinstitute.org/
Who is the CEO of Emerging Industries Training Institute?
Anthony Jackson is the Ceo of Emerging Industries Training Institute. The CEO's salary of Emerging Industries Training Institute is $118,670 and their total compensation is $118,670.
Official website here: www.eitinstitute.org/
What is the revenue of Emerging Industries Training Institute?
Emerging Industries Training Institute's revenue in 2021 was $592,855.
Official website here: www.eitinstitute.org/
Who are the executives of Emerging Industries Training Institute and what are their salaries?
There 3 volunteers at Emerging Industries Training Institute.
There is 1 key member and their salary:
- Compensation: $118,670
- Related: $0
- Other: $0
Official website here: www.eitinstitute.org/
Where can I find the form 990 for Emerging Industries Training Institute?
Emerging Industries Training Institute's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.eitinstitute.org/
Learn more at the official website: www.eitinstitute.org/
Mission Statement of Emerging Industries Training Institute
The Emerging Industries Training Institute is a vocational school with a mission to empower underserved communities by providing them with essential skills and knowledge. This institution focuses on offering vocational training to both adolescents and adults, aiming to equip them with the necessary qualifications to succeed in various skilled trades. Through its training programs, the institute helps individuals from underserved communities gain the necessary certifications to improve their livelihoods and contribute positively to their communities. The Emerging Industries Training Institute plays a vital role in bridging the gap between underprivileged communities and the job market by equipping them with the necessary skills and knowledge to thrive in various industries.
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Impact
July, 2024
Emerging Industries Training Institute has made a significant impact by providing vocational training to underserved communities in Detroit, Michigan. Their focus on equipping adolescents and adults with essential skills and certifications in skilled trades has helped over 30 students improve their employability and access better opportunities. The institute's dedication to empowering individuals through education is commendable and plays a vital role in strengthening the workforce in the community.
This information is meant to be a general summary of Emerging Industries Training Institute. 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 2021.
- Program Service Revenue: $579,205
- Gross Receipts: $592,855
Assets and Liabilities:
- Total Assets: $397,809
- Total Liabilities: $0
- Net Assets: $397,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Job Placement
Revenue
$434,404
Training
Revenue
$144,801
Organization Details
Founding Year
2011
Phone
(313) 673-3152Principal Officer
Anthony Jackson
Main Address
5555 Conner Suite 1646, Detriot, MI, 48213
Website
www.eitinstitute.org/NTEE Category
Code: B30 - Education
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