Overview
What is Malcolm Eaton Enterprises?
Malcolm Eaton Enterprises is a nonprofit organization situated in Freeport, Illinois. Their primary focus is on providing developmental training to individuals with disabilities, including those with mental illness, substance abuse issues, and other handicapping conditions. By promoting informed choices and creating opportunities, the organization aims to foster independent community living, work, and social engagement for these individuals. Their mission is to encourage and assist people with disabilities, as well as those connected to their lives, in striving for self-determination and community integration. With a workforce of 256 employees, Malcolm Eaton Enterprises plays a significant role in empowering and supporting individuals with disabilities.
Official website here: www.malcolmeaton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Malcolm Eaton Enterprises has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization adheres to rigorous standards of transparency and ethical financial management, which are crucial for building trust with donors and beneficiaries alike.
The organization boasts a fully independent board, with 10 members, and has received top marks in various governance aspects, including the presence of a conflict of interest policy and a whistleblower policy. Its financial management is particularly noteworthy, as evidenced by a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
Despite its strong ratings, the summary does not highlight any particular limitations or areas of concern, suggesting that Malcolm Eaton Enterprises is effectively managing its operations and maintaining a solid reputation in the nonprofit sector. Overall, this organization appears to be a trustworthy option for potential donors looking to support a well-run charity.
This AI summary has been generated from information found on Charity Navigator.
Is Malcolm Eaton Enterprises legitimate?
Malcolm Eaton Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malcolm Eaton Enterprises 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: $124,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,699,809
For more financial information, click here
Official website here: www.malcolmeaton.org
What is the mission statement of Malcolm Eaton Enterprises?
Malcolm Eaton Enterprises is committed to supporting individuals with disabilities and those connected to their lives. Their mission is to encourage and facilitate informed choices, and create opportunities that promote independent living, employment, and social engagement. The organization strives to empower these individuals, fostering a sense of community and independence. In addition, Malcolm Eaton Enterprises offers competitive work and day training programs for individuals with various disabilities, including developmental delays, mental illness, substance abuse issues, and other handicapping conditions.
Official website here: www.malcolmeaton.org
Who is the CEO of Malcolm Eaton Enterprises?
Tim Cook is the Executive Di of Malcolm Eaton Enterprises.
Official website here: www.malcolmeaton.org
What is the revenue of Malcolm Eaton Enterprises?
Malcolm Eaton Enterprises's revenue in 2023 was $6,559,709.
Official website here: www.malcolmeaton.org
Who are the executives of Malcolm Eaton Enterprises and what are their salaries?
The average compensation at Malcolm Eaton Enterprises during 2023 was $11,031. There are 256 employees at Malcolm Eaton Enterprises.
Here are 12 key members and their salaries:
- Compensation: $117,598
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- Other: $17,939
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Official website here: www.malcolmeaton.org
Where can I find the form 990 for Malcolm Eaton Enterprises?
Malcolm Eaton Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.malcolmeaton.org
Learn more at the official website: www.malcolmeaton.org
Mission Statement of Malcolm Eaton Enterprises
Malcolm Eaton Enterprises, a nonprofit organization, is committed to empowering individuals with disabilities and those who impact their lives. The mission of this organization is to encourage informed choices and create opportunities that promote independent community living, employment, and recreation for these individuals. By doing so, Malcolm Eaton Enterprises aims to foster a sense of self-reliance and inclusion in various aspects of daily life.
The organization's approach is twofold. Firstly, it offers competitive work and day training programs to individuals with developmental disabilities, mental illness, alcohol and drug abuse issues, and other handicapping conditions. This training is designed to equip them with the necessary skills to participate actively in their communities and contribute to the workforce.
Secondly, Malcolm Eaton Enterprises is dedicated to promoting informed choice. This means providing individuals with the knowledge and resources necessary to make decisions that best suit their needs and aspirations. By fostering independence and offering opportunities for community living, work, and play, the organization seeks to empower individuals with disabilities and improve their overall quality of life.
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Impact
October, 2024
Malcolm Eaton Enterprises has a profound impact on individuals with disabilities, their families, and the wider community by fostering independence and enhancing quality of life. By promoting informed choice, the organization empowers people with developmental disabilities, mental health challenges, and substance abuse issues to actively participate in their communities.
Through its development training programs, it offers competitive work opportunities and day training tailored to the needs of individuals facing various challenges. This not only equips participants with essential skills but also instills a sense of purpose and belonging. By facilitating independent community living, Malcolm Eaton Enterprises enables individuals to engage in work and recreational activities that were previously beyond their reach, ultimately contributing to a more inclusive society.
This information is meant to be a general summary of Malcolm Eaton Enterprises. 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 2023.
- Investment Income: $15,243
- Program Service Revenue: $5,701,085
- Gross Receipts: $6,579,273
Assets and Liabilities:
- Total Assets: $7,680,211
- Total Liabilities: $449,701
- Net Assets: $7,230,510
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$4,175,880
WORKSHOP CONTRACTS
Revenue
$1,525,205
Organization Details
Founding Year
1966
Phone
(815) 235-7181Principal Officer
Tim Cook
Main Address
570 W LAMM RD, FREEPORT, IL, 61032
Website
www.malcolmeaton.orgNTEE Category
Code: P82Z - Human services
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