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Wrench It Forward

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

EIN: 352583450 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Wrench It Forward?

Wrench It Forward is a nonprofit organization situated in Lubbock, Texas, dedicated to providing emergency assistance with automobile repairs for individuals in need. Their primary goal is to help those who are financially struggling to maintain their vehicles, ensuring they can continue with their daily activities. This essential service contributes positively to the community by supporting individuals and families in overcoming transportation-related challenges.

Is Wrench It Forward legitimate?

Wrench It Forward is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wrench It Forward 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: $41,159
Professional Fundraising Fees: $194
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wrench It Forward?

Wrench It Forward, as an emergency assistance organization, is dedicated to helping individuals in need by providing automobile repair services. Their mission is to assist those who are financially struggling with the repairs of their vehicles, ensuring they have reliable transportation. This organization's goal is to alleviate the burden of vehicle maintenance costs, thereby improving the mobility and overall well-being of the individuals they serve.

Who is the CEO of Wrench It Forward?

Chris Bost is the President of Wrench It Forward.

What is the revenue of Wrench It Forward?

Wrench It Forward's revenue in 2022 was $183,975.

Who are the executives of Wrench It Forward and what are their salaries?

The average compensation at Wrench It Forward during 2022 was $41,159. There is 1 employee at Wrench It Forward.


Here are 8 key members and their salaries:


Chris Bost (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Bost (Sec / Tres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Rosales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Yeager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Trout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Rios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wrench It Forward?

Wrench It Forward's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wrench It Forward

Wrench It Forward, a nonprofit organization, is dedicated to providing emergency assistance in the realm of automobile repairs. Their mission is centered around helping those in need, specifically by offering repair services for their vehicles. This initiative aims to alleviate the burden and challenges that come with vehicle maintenance for individuals who may be financially strained. By offering this service, Wrench It Forward contributes to enhancing the mobility and independence of those they assist.

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Impact




October, 2024

Wrench It Forward provides critical support to individuals in Lubbock, TX, by facilitating essential automobile repairs for those in need. This assistance directly impacts the community by helping individuals maintain their mobility, which is vital for accessing employment, healthcare, and education. By alleviating the financial burden of repairs, Wrench It Forward enables recipients to focus on other aspects of their lives without the stress of vehicular issues. Ultimately, this organization plays a pivotal role in enhancing the overall quality of life for many residents, fostering greater independence and stability in their daily routines.




This information is meant to be a general summary of Wrench It Forward. 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
$183,975 (2022)
Expenses
$140,266 (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: $60,735
  • Gross Receipts: $200,305

Assets and Liabilities:

  • Total Assets: $279,737
  • Total Liabilities: $6,478
  • Net Assets: $273,259

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Programs

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

SHOP PARTS LABOR REIMBURSEMENT

Revenue

$60,735

Organization Details

Founding Year

2015

Principal Officer

Chris Bost

Main Address

7412 80TH ST, LUBBOCK, TX, 79424

NTEE Category

Code: P20 - Human services

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