Ashcraft 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: 341253550 ✦ Ashtabula, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ashcraft Industries Inc?

Ashcraft Industries Inc, located in Ashtabula, Ohio, serves as a sheltered workshop for developmentally disabled adults. The primary objective of this nonprofit organization is to elevate the physical, mental, social, and vocational abilities of these individuals. By providing programs, services, and support, Ashcraft Industries Inc encourages the enhancement of vocational and social skills, enabling adults with developmental disabilities to live, work, and participate in their community as independently as possible in accordance with the state of Ohio's mandates. The organization employs 136 individuals, dedicated to their mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Ashcraft Industries Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The charity's overall score is based entirely on its impressive accountability and finance practices, demonstrating a high level of integrity in its operations. The score indicates that donors can have confidence in the organization's management of funds.

The organization showcases a very high standard of governance, with an entirely independent board of directors and no material diversion of assets. Additionally, it has well-established policies in place, including those for conflict of interest, whistleblower protection, and document retention. These factors contribute to a robust framework that supports ethical decision-making and operational integrity.

Financially, Ashcraft Industries Inc also stands out with an excellent program expense ratio of 96.76%, meaning almost all its funds are directed towards its programs, maximizing the impact of donations. The low liabilities to assets ratio of 4.13% further emphasizes its financial stability. Overall, the charity demonstrates a solid performance in both governance and financial management, although there may be limitations in areas not covered by the current scoring metrics.


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

Is Ashcraft Industries Inc legitimate?

Ashcraft Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashcraft 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: $0

For more financial information, click here

What is the mission statement of Ashcraft Industries Inc?

Ashcraft Industries Inc, as a commitment, offers programs, services, and support to assist individuals with developmental disabilities. Their goal is to enhance their vocational and social skills, enabling them to live, work, and participate in their community as independently as possible. The organization provides services mandated by the State of Ohio to assist adults with developmental disabilities. Ashcraft Industries Inc operates a sheltered workshop, with the intent of raising the physical, mental, social, and vocational efficiency of these individuals. The organization aims to empower these individuals to lead fulfilling lives within their community.

Who is the CEO of Ashcraft Industries Inc?

Jill Oliver is the Board Member of Ashcraft Industries Inc.

What is the revenue of Ashcraft Industries Inc?

Ashcraft Industries Inc's revenue in 2022 was -$19,117.

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

There are 136 employees at Ashcraft Industries Inc.


Here are 5 key members and their salaries:


Sarah Frank (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Oliver (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Laughlin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Klingensmith (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Baumgardner (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ashcraft Industries Inc?

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

Mission Statement of Ashcraft Industries Inc

Ashcraft Industries Inc, a dedicated organization, is committed to providing programs, services, and supports aimed at assisting individuals with developmental disabilities. The mission of Ashcraft Industries Inc is to help these individuals enhance their vocational and social skills, enabling them to live, work, and participate in their community as independently as possible. In line with this mission, the organization provides services mandated by the state of Ohio to assist adults with developmental disabilities.

Ashcraft Industries Inc operates a shelter workshop specifically designed for developmentally disabled adults. The primary objective of Ashcraft Industries Inc is to raise the physical, mental, social, and vocational efficiency of these individuals. By offering a supportive environment, Ashcraft Industries Inc enables these individuals to develop skills that will empower them to navigate their daily lives and actively contribute to their communities. The organization's initiatives are centered around fostering independence and integration, ensuring that every individual with developmental disabilities has the opportunity to lead a fulfilling and inclusive life.

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Impact




October, 2024

Ashcraft Industries Inc plays a crucial role in empowering individuals with developmental disabilities by providing essential programs, services, and supports aimed at enhancing their vocational and social skills. By operating a sheltered workshop in Ashtabula, Ohio, the organization enables participants to improve their physical, mental, social, and vocational capabilities, facilitating greater independence in daily life.

The impact of Ashcraft Industries extends beyond individual participants; it strengthens the community by fostering inclusivity and participation. Individuals are equipped to live and work more independently, which contributes to a more diverse and supportive environment. Furthermore, the organization's commitment to leveraging state-mandated services ensures that essential assistance is accessible, promoting overall well-being for those it serves. Ultimately, Ashcraft Industries Inc not only transforms the lives of individuals but also enhances community cohesion through meaningful employment and social engagement opportunities.




This information is meant to be a general summary of Ashcraft 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
-$19,117 (2022)
Expenses
$89,585 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $450
  • Gross Receipts: $556,147

Assets and Liabilities:

  • Total Assets: $893,210
  • Total Liabilities: $37,065
  • Net Assets: $856,145

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Organization Details

Founding Year

1977

Principal Officer

Jill Oliver

Main Address

5959 GREEN ROAD, ASHTABULA, OH, 44004

NTEE Category

Code: J30 - Employment

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