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Whetstone Industries Inc

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

EIN: 311062984 ✦ Mount gilead, OH ✦ Designated as a 501(c)(3)

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Overview

What is Whetstone Industries Inc?

Whetstone Industries Inc is a nonprofit organization committed to offering vocational training and employment opportunities for individuals with learning disabilities and developmentally disabled adults. Based on the provided information, their primary activity involves operating a shelter workshop, in line with their mission to serve the Morrow County Board of Developmental Disabilities (MCBDD). This nonprofit organization provides a supportive environment where these individuals can hone their skills and gain meaningful employment, contributing positively to their personal growth and independence.


Official website here: www.whetstoneserves.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Whetstone Industries Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization maintains a perfect 100% score for its accountability and finance metrics, signifying effective governance and transparency in its operations.

The nonprofit showcases a strong independent board, with all ten members being independent and actively involved in oversight. Additionally, it has established comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical management practices. The organization also has a notable program expense ratio of 97.63%, indicating that the majority of its funds are directed towards its mission-related programs.

While the data highlights numerous strengths, it is important to recognize that the overall score is derived from a single beacon, focusing solely on accountability and finance. This concentrated metric provides a beneficial snapshot of Whetstone Industries Inc, but potential donors may wish to explore other aspects such as program impact and community feedback for a more holistic view.


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

Is Whetstone Industries Inc legitimate?

Whetstone Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whetstone Industries 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: $134

For more financial information, click here


Official website here: www.whetstoneserves.com

What is the mission statement of Whetstone Industries Inc?

Whetstone Industries Inc, as an organization, is committed to providing training and employment opportunities for individuals with learning disabilities and developmentally disabled adults. They accomplish this mission through a shelter workshop, with the primary objective of serving the Morrow County Board of Developmental Disabilities (MCBDD). The company's efforts are geared towards empowering these individuals, helping them gain valuable skills and contribute to a working environment, thereby promoting their overall well-being and independence.


Official website here: www.whetstoneserves.com

Who is the CEO of Whetstone Industries Inc?

Matt Griffith is the Secretary/Tr of Whetstone Industries Inc.


Official website here: www.whetstoneserves.com

What is the revenue of Whetstone Industries Inc?

Whetstone Industries Inc's revenue in 2022 was $8,103.


Official website here: www.whetstoneserves.com

Who are the executives of Whetstone Industries Inc and what are their salaries?

The average compensation at Whetstone Industries Inc during 2022 was $15. There are 9 employees at Whetstone Industries Inc.


Here are 6 key members and their salaries:


Tammy Gabrelcik (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Griffith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hinkle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Pollock (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brent Winand (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Zucker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.whetstoneserves.com

Where can I find the form 990 for Whetstone Industries Inc?

Whetstone Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.whetstoneserves.com

Learn more at the official website: www.whetstoneserves.com

Mission Statement of Whetstone Industries Inc

Whetstone Industries Inc, as a dedicated organization, is committed to providing a shelter workshop aimed at offering training and employment opportunities for individuals who have learning disabilities and developmentally disabled adults. This mission aligns with their obligation to serve the Morrow County Board of Developmental Disabilities (MCBDD). By establishing a shelter workshop, Whetstone Industries Inc creates an inclusive environment where these individuals can develop skills, gain work experience, and ultimately contribute to society in a meaningful way. This mission reflects their dedication to empowering and supporting those with unique needs, thereby enabling them to lead fulfilling lives.

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Impact




August, 2024

Whetstone Industries Inc provides training and employment opportunities for individuals with learning disabilities and developmentally disabled adults through a shelter workshop. By offering these individuals a place to work and develop their skills, Whetstone Industries Inc is making a positive impact on their lives by promoting independence and dignity. Additionally, the organization's collaboration with the Morrow County Board of Developmental Disabilities (MCBDD) demonstrates a commitment to serving the community and addressing the needs of individuals with disabilities. Through its mission to provide training and employment, Whetstone Industries Inc is not only helping individuals gain valuable work experience but also fostering a supportive and inclusive environment for them to thrive.




This information is meant to be a general summary of Whetstone Industries 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
$8,103 (2022)
Expenses
$7,833 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $8,078
  • Gross Receipts: $8,103

Assets and Liabilities:

  • Total Assets: $90,995
  • Total Liabilities: $0
  • Net Assets: $90,995

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Programs

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

PROGRAM SERVICES

Revenue

$8,078

Organization Details

Founding Year

1975

Principal Officer

Matt Griffith

Main Address

440 DOUGLAS STREET, MOUNT GILEAD, OH, 43338

NTEE Category

Code: J30Z - Employment

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