Overview
What is Perco Inc?
Perco Inc, located in New Lexington, Ohio, is a dedicated nonprofit organization with a mission to offer employment opportunities and related support to individuals with developmental disabilities. Their purpose is to promote inclusion, self-determination, and independence for these individuals. Perco Inc achieves this by providing meaningful work and training opportunities within a secure facility and community-based employment settings. Their services extend beyond the organization, offering training, education, and support to staff who assist eligible individuals in performing productive work. The organization believes in their residents' full community participation, empowering them to live fulfilling lives. With a workforce of 73 employees, Perco Inc is committed to making a positive impact in Perry County, Ohio.
Official website here: www.percoinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Perco Inc has earned an 81% score, reflecting a strong commitment to accountability and finance, which contributes to its Three-Star rating. This score indicates that the organization meets several important benchmarks for transparency and responsible financial management. The evaluation is based entirely on the Accountability & Finance beacon, suggesting that the charity has focused on maintaining a robust financial structure.
The organization boasts a fully independent board, with 100% of its members being independent, indicating strong governance practices. Perco Inc has demonstrated no material diversion of assets, which further solidifies its integrity. Additionally, it has comprehensive policies in place for conflict of interest, whistleblower protection, and document retention, showcasing its proactive approach to ethical oversight.
One of the strengths of Perco Inc is its program expense ratio of 78.11%, signifying that a substantial portion of its expenditures is directed toward its programs rather than administrative costs. The liabilities to assets ratio of 2.87% is also favorable, indicating sound financial health. These aspects highlight the organization's dedication to its mission while ensuring effective financial stewardship. Overall, Perco Inc appears to operate with a high level of accountability, though continued scrutiny and transparency will be essential for maintaining and improving its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Perco Inc legitimate?
Perco Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perco 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: $90,718
Professional Fundraising Fees: $0
Other Salaries and Wages: $514,030
For more financial information, click here
Official website here: www.percoinc.com
What is the mission statement of Perco Inc?
Perco Inc's mission is centered around providing meaningful work and training opportunities to eligible individuals with developmental disabilities. The organization strives to develop and offer employment opportunities, along with necessary support, to these individuals. Additionally, Perco Inc aims to deliver quality products and services to their business clients. Their purpose extends beyond the workplace, promoting inclusion, self-determination, and independence for these individuals, both in a secure facility and within the community. This includes providing training, education, and support staff to assist them in performing productive work, enabling them to fully participate in their community.
Official website here: www.percoinc.com
Who is the CEO of Perco Inc?
Larry Saffell is the President of Perco Inc.
Official website here: www.percoinc.com
What is the revenue of Perco Inc?
Perco Inc's revenue in 2022 was $1,296,433.
Official website here: www.percoinc.com
Who are the executives of Perco Inc and what are their salaries?
The average compensation at Perco Inc during 2022 was $8,284. There are 73 employees and 5 volunteers at Perco Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.percoinc.com
Where can I find the form 990 for Perco Inc?
Perco Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.percoinc.com
Learn more at the official website: www.percoinc.com
Mission Statement of Perco Inc
Perco Inc, a nonprofit organization, is committed to providing meaningful work and training opportunities to eligible individuals with developmental disabilities. Their mission is twofold: firstly, they aim to develop and offer employment opportunities and related supports to individuals with developmental disabilities. Secondly, they strive to deliver quality products and services to their business clients. The organization's purpose extends beyond the workplace, promoting inclusion, self-determination, and independence. They achieve this by offering a secure facility and community-based employment for adult residents of Perry County. This includes training, education, and supportive staff who assist individuals with developmental disabilities in performing productive work. Perco Inc encourages full community participation, ensuring these individuals can contribute and thrive in various aspects of society.
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Impact
October, 2024
Perco Inc makes a significant impact by providing meaningful work and training opportunities for individuals with developmental disabilities. Through its commitment to fostering inclusion, self-determination, and independence, Perco creates a supportive environment that empowers these individuals to engage fully in their community and workforce.
By offering tailored training, education, and assistance from trained staff, Perco enables participants to acquire valuable skills while contributing to the local economy. This approach not only enhances the quality of life for individuals in Perry County but also promotes a more inclusive society by challenging stereotypes and encouraging community engagement. Additionally, Perco's provision of quality products and services to business customers further reinforces its role as a vital partner in both the local community and the broader economy.
This information is meant to be a general summary of Perco 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: $19,003
- Program Service Revenue: $1,207,503
- Gross Receipts: $1,299,394
Assets and Liabilities:
- Total Assets: $2,503,053
- Total Liabilities: $71,978
- Net Assets: $2,431,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,155,030
RECYCLING REVENUE
Revenue
$52,473
Organization Details
Founding Year
1973
Phone
(740) 342-5156Principal Officer
Larry Saffell
Main Address
300 STATE STREET, NEW LEXINGTON, OH, 43764
Website
www.percoinc.comNTEE Category
Code: J30 - Employment
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