Overview
What is Vinton Industries Inc?
Vinton Industries Inc, based in Mc Arthur, Ohio, is a notable nonprofit organization. Their primary mission is to provide employment training opportunities for individuals with mental and developmental disabilities. With a dedicated workforce of 69 individuals, they strive to empower these individuals by equipping them with necessary skills for gainful employment. Their location at 30970 Industrial Park Dr offers a conducive environment for this purpose. Though the specifics of the training and services offered may vary, the organization's core focus remains on fostering independence and self-sufficiency for individuals with mental and developmental disabilities through employment training.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59% (One-Star out of Four Star rating)
Vinton Industries Inc has received a One-Star rating from Charity Navigator, reflecting a score of 59% in accountability and finance. The organization has demonstrated strong governance practices, such as having 100% independent board members and no material diversion of assets. However, the absence of financial statements and several key policies, including conflict of interest and whistleblower policies, has significantly impacted its overall rating.
The nonprofit excels in its program expense ratio, allocating 91.54% of its expenses directly to programs, which indicates a strong commitment to its mission. Nonetheless, the lack of transparency due to missing financial documentation and policies raises concerns about its accountability practices. The organization needs to enhance its financial visibility and governance frameworks to improve its standing in the nonprofit sector.
In summary, while Vinton Industries Inc shows positive indicators in some areas, the critical gaps in financial reporting and policy implementation highlight the need for improvement to foster trust and credibility among donors and stakeholders. Enhancing these aspects could lead to a better overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Vinton Industries Inc legitimate?
Vinton Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vinton 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: $915,145
For more financial information, click here
What is the mission statement of Vinton Industries Inc?
Vinton Industries Inc is committed to providing employment training opportunities for individuals who are mentally and developmentally disabled. Their mission is to empower these individuals by equipping them with the necessary skills to integrate into the workforce. By offering comprehensive training programs, Vinton Industries Inc aims to enhance the employability of these individuals, thereby improving their quality of life and promoting their inclusion in society. The organization's activities are focused on equipping these individuals with the necessary skills to secure and maintain employment, thereby contributing to their personal growth and self-reliance.
Who is the CEO of Vinton Industries Inc?
Mary Coulthard is the President of Vinton Industries Inc.
What is the revenue of Vinton Industries Inc?
Vinton Industries Inc's revenue in 2022 was $1,356,034.
Who are the executives of Vinton Industries Inc and what are their salaries?
The average compensation at Vinton Industries Inc during 2022 was $13,263. There are 69 employees at Vinton Industries Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Vinton Industries Inc?
Vinton Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vinton Industries Inc
Vinton Industries Inc, a nonprofit organization, is dedicated to providing employment training opportunities for individuals who are mentally and developmentally disabled. The mission of this organization is to empower and equip these individuals with the necessary skills to join the workforce and lead independent lives. By offering targeted and comprehensive training programs, Vinton Industries Inc aims to break down barriers and open up new possibilities for individuals who may have previously been excluded from employment opportunities due to their disabilities. Through its mission, Vinton Industries Inc strives to foster a more inclusive and equitable society, where everyone has the chance to contribute and thrive in the workplace.
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Impact
October, 2024
Vinton Industries Inc has a significant impact on the community by providing valuable employment training opportunities for mentally and developmentally disabled individuals. Based in McArthur, Ohio, the organization dedicates its resources to helping these individuals gain essential skills, fostering their independence and enhancing their employability. By focusing on tailored training programs, Vinton Industries Inc not only empowers participants but also promotes inclusivity within the workforce. This commitment to uplift and support disabled individuals contributes to a more diverse and equitable job market, benefiting both individuals and the broader community.
This information is meant to be a general summary of Vinton 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,245,034
- Gross Receipts: $1,356,034
Assets and Liabilities:
- Total Assets: $334,722
- Total Liabilities: $203,159
- Net Assets: $131,563
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TransportationMedicaid
Revenue
$1,245,034
Organization Details
Founding Year
1987
Principal Officer
Mary Coulthard
Main Address
30970 Industrial Park Dr, Mc Arthur, OH, 45651
NTEE Category
Code: J33Z - Employment
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