Overview
What is Waycraft Inc?
Waycraft Inc, situated in Bucyrus, Ohio, is a nonprofit organization that prioritizes providing competitive and value-added services to its customers. This organization also focuses on creating job opportunities for individuals with disabilities, fostering their financial independence. By offering these vocational chances, Waycraft Inc generates income to support its employees, thereby contributing positively to their livelihoods. The organization employs a total of 88 individuals, demonstrating its commitment to making a significant impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Waycraft Inc has received a solid rating of 79%, indicating a competent level of accountability and financial health. The organization’s score reflects a strong commitment to transparency, with key financial practices in place that are essential for donor trust. The high percentage of independent board members and the absence of material asset diversion further bolster their accountability.
The nonprofit excels particularly in its program expense ratio, with nearly 95% of its expenses directed towards programs, demonstrating its focus on mission-driven work. Additionally, it has robust policies for conflict of interest and whistleblower protections, which are critical for maintaining ethical standards and governance.
While the overall score is commendable, it is primarily based on the Accountability & Finance beacon. This limited scope means that other aspects such as program effectiveness and impact are not captured in the rating, which could be an area for potential growth and improvement for the organization moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Waycraft Inc legitimate?
Waycraft Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waycraft 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: $19,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $709,532
For more financial information, click here
What is the mission statement of Waycraft Inc?
Waycraft Inc's mission is centered around providing competitive and value-added services to its customers. This mission is not only beneficial for the company but also serves a significant purpose for its employees who are disabled. By offering such services, Waycraft Inc aims to create vocational opportunities for these employees, ultimately helping them achieve financial independence and generate income for their individual support.
Who is the CEO of Waycraft Inc?
Susan Fogle is the President of Waycraft Inc. The CEO's salary of Waycraft Inc is $19,437 and their total compensation is $19,437.
What is the revenue of Waycraft Inc?
Waycraft Inc's revenue in 2022 was $1,052,008.
Who are the executives of Waycraft Inc and what are their salaries?
The average compensation at Waycraft Inc during 2022 was $8,284. There are 88 employees and 6 volunteers at Waycraft Inc.
Here are 7 key members and their salaries (Waycraft Inc's CEO's salary is $19,437 and their total compensation is $19,437):
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- Compensation: $19,437
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Where can I find the form 990 for Waycraft Inc?
Waycraft Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waycraft Inc
Waycraft Inc, a notable organization, is dedicated to providing competitive and value-added services to its customers. Beyond this, the company has a unique mission. It aims to generate income for its employees who are disabled. By offering vocational opportunities, Waycraft Inc fosters financial independence among its employees, thereby supporting their individual financial well-being. This mission of Waycraft Inc is a testament to its commitment towards empowering its disabled employees, enabling them to contribute and benefit from the services they provide to their customers.
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Impact
October, 2024
Waycraft Inc significantly impacts the community by providing competitive, value-added services that not only meet the needs of its customers but also create meaningful employment opportunities for individuals with disabilities. By fostering vocational independence, Waycraft helps its employees acquire essential skills and earn income, empowering them to achieve greater financial stability. The services offered are tailored to enhance customer satisfaction while simultaneously uplifting the lives of employees in Bucyrus, OH, creating a positive cycle of benefit for both the workforce and the local economy. This mission enhances the overall well-being of individuals with disabilities, promoting inclusivity and demonstrating the value of diverse talents in the workplace.
This information is meant to be a general summary of Waycraft 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: -$7,293
- Program Service Revenue: $1,056,609
- Gross Receipts: $1,070,350
Assets and Liabilities:
- Total Assets: $740,742
- Total Liabilities: $35,931
- Net Assets: $704,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRP CONTRACTS
Revenue
$584,074
MEDICAID
Revenue
$238,250
WORKSHOP PRODUCTION
Revenue
$81,069
MEDICAID TRANSPORTATION
Revenue
$70,938
CCBDD SUBSIDY
Revenue
$61,309
Organization Details
Founding Year
1968
Phone
(419) 563-0550Principal Officer
Susan Fogle
Main Address
118 RIVER ST, BUCYRUS, OH, 44820
NTEE Category
Code: J33Z - Employment
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