Overview
What is Precision Services Inc?
Precision Services Inc, located in Gassaway, West Virginia, is a nonprofit organization dedicated to empowering citizens with physical and mental disabilities. Their primary mission involves providing job training and related social services. This is achieved through their janitorial services and data imaging divisions. The organization's workforce is relatively small, with 54 employees, yet they strive to make a significant impact in their community. The services offered by Precision Services Inc aim to foster independence and self-sufficiency for individuals with disabilities, thereby contributing to a more inclusive society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Precision Services Inc has received a 68% rating from Charity Navigator, indicating a Two-Star status. This rating suggests that while the organization demonstrates strengths in several areas of accountability and finance, it also faces challenges, particularly in program expenses relative to its overall expenditure.
The organization boasts a fully independent board, with all eight members meeting the independence criteria, contributing positively to its governance structure. Additionally, it scores exceptionally well in financial oversight, with robust practices like annual audits and no reported material diversion of assets. These strengths reflect a commitment to maintaining transparency and accountability.
However, the program expense ratio stands at 55.97%, indicating that less than 60% of the organization's expenditures are directed towards its programs. This may raise questions regarding the efficiency of resource allocation, highlighting an area that could be improved to enhance the impact of its initiatives. Overall, while Precision Services Inc has solid governance practices, further focus on enhancing program expenses could bolster its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Precision Services Inc legitimate?
Precision Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Precision Services 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: $93,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,260
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What is the mission statement of Precision Services Inc?
Precision Services Inc is dedicated to providing job training and related social services for individuals with physical and/or mental disabilities. This organization achieves this goal by offering vocational training programs and related support services. One of their primary methods of service delivery is through janitorial services and data imaging services. By offering employment opportunities and necessary support, Precision Services Inc aims to empower individuals with disabilities to lead fulfilling lives.
Who is the CEO of Precision Services Inc?
Jack Holcomb is the Member of Precision Services Inc.
What is the revenue of Precision Services Inc?
Precision Services Inc's revenue in 2023 was $1,156,193.
Who are the executives of Precision Services Inc and what are their salaries?
The average compensation at Precision Services Inc during 2023 was $17,389. There are 54 employees at Precision Services Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Precision Services Inc?
Precision Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Precision Services Inc
Precision Services Inc, a nonprofit organization, is committed to providing job training and related social services for individuals with physical and/or mental disabilities. The mission of this organization is to foster an environment where these individuals can hone their skills and integrate into the workforce effectively. They accomplish this mission by offering job training programs in sectors such as janitorial services and data imaging. By doing so, Precision Services Inc equips its trainees with the necessary skills to secure employment and lead independent lives. Through its services, the organization aims to bridge the gap between individuals with disabilities and the job market, fostering a more inclusive and equitable society.
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Impact
October, 2024
Precision Services Inc impacts the community by offering essential job training and social services tailored for individuals with physical and mental handicaps. Through its janitorial and data imaging services, the organization empowers citizens by equipping them with the skills necessary for gainful employment, fostering self-sufficiency and independence. This initiative not only enhances the quality of life for participants but also promotes inclusivity within the workforce in Gassaway, WV. By focusing on personal development and professional training, Precision Services Inc plays a vital role in helping individuals overcome barriers, thus contributing positively to the local economy and society as a whole.
This information is meant to be a general summary of Precision Services 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 2023.
- Investment Income: $8,539
- Program Service Revenue: $1,086,644
- Gross Receipts: $1,156,193
Assets and Liabilities:
- Total Assets: $1,340,119
- Total Liabilities: $71,002
- Net Assets: $1,269,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DATA IMAGING
Revenue
$621,700
JANITORIAL CONTRACTS
Revenue
$464,944
Organization Details
Founding Year
1998
Phone
(304) 364-3500Principal Officer
Jack Holcomb
Main Address
483 ELK RIVER ROAD, GASSAWAY, WV, 26624
NTEE Category
Code: P82Z - Human services
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