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First Capital Enterprises Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310825629 ✦ Chillicothe, OH ✦ Designated as a 501(c)(3)

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Overview

What is First Capital Enterprises Inc?

First Capital Enterprises Inc, located in Chillicothe, Ohio, is a nonprofit organization dedicated to supporting developmentally disabled adults. Their primary mission involves providing and promoting vocational training and sheltered employment opportunities for these individuals. Their programs extend beyond mere education, offering various self-help training sessions to enhance their skills and independence. With a team of 40 employees, First Capital Enterprises Inc strives to empower and improve the lives of these adults, contributing positively to their community.


Official website here: www.fce-mrdd.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

First Capital Enterprises Inc has achieved a respectable Three-Star rating from Charity Navigator, with an overall score of 85%. This rating reflects strong accountability and financial health, indicating that the organization is effectively managing its resources and is committed to transparency. Notably, the charity boasts a 100% independent board, which is a significant strength that enhances governance and integrity.

The organization has demonstrated its adherence to best practices by maintaining a robust conflict of interest policy and a whistleblower policy, both of which are essential for ethical operations. Furthermore, it has a low liabilities to assets ratio of 22.49%, suggesting sound financial management. The program expense ratio of 74.93% indicates that a substantial portion of its funds is directed towards its programs, which is a positive sign of its commitment to fulfilling its mission.

While the ratings are commendable, there is always room for improvement. Continuous monitoring of operational effectiveness and community impact is essential for enhancing trust and engagement with stakeholders. Overall, First Capital Enterprises Inc shows a strong commitment to its accountability and financial responsibility.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about First Capital Enterprises Inc?

100% of reviewers on Facebook recommend First Capital Enterprises Inc. Here is a summary of their reviews:

The organization has received enthusiastic praises for its document destruction service, with users highlighting their satisfaction with the service quality. Reviewers express their willingness to recommend First Capital Enterprises to others, reflecting a strong level of trust and contentment with the nonprofit’s offerings.

Overall, the sentiment toward First Capital Enterprises is overwhelmingly positive, indicating that they successfully meet the needs of their clients and deliver on their commitments.


This AI summary has been generated from reviews found on Facebook.

Is First Capital Enterprises Inc legitimate?

First Capital Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Capital Enterprises 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: $892,792

For more financial information, click here


Official website here: www.fce-mrdd.net

What is the mission statement of First Capital Enterprises Inc?

First Capital Enterprises Inc is committed to providing and promoting programs and training opportunities for individuals with developmental disabilities. Their mission is centered around empowering these individuals through vocational training and sheltered employment. The organization offers various self-help training courses to enhance the skills and independence of developmentally disabled adults. Their programs aim to foster personal growth and integration into the workforce, thereby contributing to their overall well-being and social inclusion.


Official website here: www.fce-mrdd.net

Who is the CEO of First Capital Enterprises Inc?

Jim Lambert is the Director of First Capital Enterprises Inc.


Official website here: www.fce-mrdd.net

What is the revenue of First Capital Enterprises Inc?

First Capital Enterprises Inc's revenue in 2022 was $1,629,366.


Official website here: www.fce-mrdd.net

Who are the executives of First Capital Enterprises Inc and what are their salaries?

The average compensation at First Capital Enterprises Inc during 2022 was $22,320. There are 40 employees at First Capital Enterprises Inc.


Here are 9 key members and their salaries:


William Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Obi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Putnam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Clark (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Wallace (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Leone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Barney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fce-mrdd.net

Where can I find the form 990 for First Capital Enterprises Inc?

First Capital Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fce-mrdd.net

Learn more at the official website: www.fce-mrdd.net

Mission Statement of First Capital Enterprises Inc

First Capital Enterprises Inc, a nonprofit organization, is committed to providing and promoting programs and training opportunities for individuals with developmental disabilities. Their primary focus is on vocational training and sheltered employment, equipping these adults with necessary skills to become self-sufficient and integrate into the workforce. The organization offers various self-help training programs, ensuring holistic growth and development for its beneficiaries. By offering these services, First Capital Enterprises Inc seeks to empower individuals with developmental disabilities, fostering their independence and integration into society.

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Impact




October, 2024

First Capital Enterprises Inc plays a vital role in enhancing the lives of developmentally disabled adults through its vocational training and sheltered employment initiatives. Located in Chillicothe, Ohio, the organization offers tailored programs that focus on developing essential skills for meaningful employment and daily self-sufficiency.

By providing vocational training, First Capital Enterprises equips participants with the tools and knowledge needed to thrive in various work environments. This empowers individuals to secure stable jobs and fosters a sense of independence and accomplishment. The sheltered employment aspect creates a supportive and inclusive workplace, allowing participants to work alongside peers in a structured environment that accommodates their unique needs.

Additionally, the self-help training programs promote personal growth and life skills, ensuring that individuals not only gain employment but also enhance their overall quality of life. The mission to provide and promote these valuable training programs is critical in helping developmentally disabled adults lead more fulfilling lives and contribute to their communities. Overall, First Capital Enterprises Inc significantly impacts both the individuals it serves and the broader community by fostering inclusion and providing pathways to employment.




This information is meant to be a general summary of First Capital Enterprises 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.

Revenue
$1,629,366 (2022)
Expenses
$1,629,859 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$20,634
  • Program Service Revenue: $1,507,608
  • Gross Receipts: $1,694,281

Assets and Liabilities:

  • Total Assets: $2,847,841
  • Total Liabilities: $640,601
  • Net Assets: $2,207,240

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OHIO DEPARTMENT OF DD

Revenue

$816,771

TRANSITIONAL

Revenue

$469,091

ROSS COUNTY BOARD OF D

Revenue

$198,258

Organization Details

Founding Year

1972

Principal Officer

Jim Lambert

Main Address

505 E 7TH ST, CHILLICOTHE, OH, 45601

NTEE Category

Code: J33Z - Employment

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