Overview
What is Abc Of Indiana Apprenticeship Trust?
The ABC of Indiana Apprenticeship Trust is a nonprofit organization situated in Indianapolis, Indiana, with an address at 5001 N Shadeland Avenue, IN 46226. Their primary mission is to provide an approved apprenticeship training program, aimed at enhancing the skills of individuals in the construction industry. The crafts they focus on include welding, carpentry, pipe fitting, electrician, HVAC technician, plumbing, among others. The trust's activities and mission revolve around assisting individuals in acquiring and improving their skills as employees in the construction sector. With a dedicated workforce of 71 employees, the ABC of Indiana Apprenticeship Trust contributes to the development of skilled laborers within the construction industry.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
The Abc Of Indiana Apprenticeship Trust has achieved a strong 94% rating from Charity Navigator, reflecting its commitment to accountability and financial management. This high score is derived entirely from a single beacon focused on accountability and finance, indicating that the organization meets rigorous standards in these areas.
The organization boasts a fully independent board composed of 12 members, which contributes to its governance strength. Key policies such as conflict of interest and whistleblower protections are in place, ensuring a transparent operational framework. Additionally, the organization has demonstrated effective financial management, with a low liabilities to assets ratio and an impressive program expense ratio, indicating that a large majority of its funds are directed toward its programs.
While the data highlights a strong financial and governance framework, potential donors and stakeholders should still consider reviewing additional contextual information about the organization's programs and impact beyond financial metrics. Overall, the Abc Of Indiana Apprenticeship Trust exemplifies solid fiscal responsibility and effective governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Abc Of Indiana Apprenticeship Trust legitimate?
Abc Of Indiana Apprenticeship Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abc Of Indiana Apprenticeship Trust 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: $554,499
For more financial information, click here
What is the mission statement of Abc Of Indiana Apprenticeship Trust?
The ABC of Indiana Apprenticeship Trust's mission is centered around providing an approved apprenticeship training program. This initiative aims to assist individuals in the construction industry, helping them acquire and enhance their skills in various crafts such as welding, carpentry, pipe fitting, electrician, HVAC technician, plumbing, and more. The trust's primary objective is to educate and develop individuals within the construction sector, thereby contributing to the growth and proficiency of the industry as a whole.
Who is the CEO of Abc Of Indiana Apprenticeship Trust?
Jr Gaylor is the CEO of Abc Of Indiana Apprenticeship Trust The CEO's salary of Abc Of Indiana Apprenticeship Trust is $0 and their total compensation is $279,100.
What is the revenue of Abc Of Indiana Apprenticeship Trust?
Abc Of Indiana Apprenticeship Trust's revenue in 2024 was $5,798,780.
Who are the executives of Abc Of Indiana Apprenticeship Trust and what are their salaries?
The average compensation at Abc Of Indiana Apprenticeship Trust during 2024 was $8,944. There are 62 employees and 13 volunteers at Abc Of Indiana Apprenticeship Trust.
Here are 13 key members and their salaries (Abc Of Indiana Apprenticeship Trust's CEO's salary is $0 and their total compensation is $279,100):
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- Related: $250,000
- Other: $29,100
Where can I find the form 990 for Abc Of Indiana Apprenticeship Trust?
Abc Of Indiana Apprenticeship Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Abc Of Indiana Apprenticeship Trust
Abc of Indiana Apprenticeship Trust is dedicated to providing an approved apprenticeship training program to assist individuals in the construction industry. Their mission is to help individuals acquire and improve their skills in various crafts, such as welding, carpentry, pipe fitting, electrician, HVAC technician, plumbing, and more. By offering this program, the trust aims to contribute to the development of individual construction skills, thereby benefiting the construction industry as a whole. The primary goal of Abc of Indiana Apprenticeship Trust is to equip workers with the necessary skills to excel in their respective crafts, ultimately leading to a more skilled and capable workforce in the construction sector.
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Impact
October, 2024
The ABC of Indiana Apprenticeship Trust significantly enhances the construction industry by providing a robust apprenticeship training program designed to develop individual skills across various trades, including welding, carpentry, plumbing, and electrical work. By focusing on education and hands-on training, the trust equips participants with the knowledge and competencies needed to thrive as skilled employees in their respective fields.
This program not only ensures a higher level of competency among workers but also addresses the skills gap within the construction industry, fostering a more skilled workforce. By investing in the education and training of individuals, the trust plays a vital role in promoting employment and economic stability in Indiana. The impact reaches beyond individual apprentices, contributing to the overall quality and efficiency of construction projects in the region, thereby enhancing the industry as a whole.
This information is meant to be a general summary of Abc Of Indiana Apprenticeship Trust. 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 2024.
- Investment Income: $16,581
- Program Service Revenue: $1,927,430
- Gross Receipts: $5,949,585
Assets and Liabilities:
- Total Assets: $7,063,687
- Total Liabilities: $2,403,627
- Net Assets: $4,660,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENROLLMENT & TUITION F
Revenue
$1,218,556
CHAPTER SPONSORED TRAI
Revenue
$410,709
TEXTBOOK SALES
Revenue
$298,165
Organization Details
Founding Year
1973
Principal Officer
Jr Gaylor
NTEE Category
Code: J22 - Employment
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