Overview
What is Career Futures Inc?
Career Futures Inc, based in Butte, Montana, is a nonprofit organization with a mission to support displaced homemakers and single parents. They offer a range of services, including career development instruction, guidance on job opportunities, and vocational education opportunities. Their activities also include career and vocational counseling, as well as facilitating support group activities. Their primary goal is to help these individuals secure employment, thereby enhancing their self-sufficiency and overall well-being. Located at 55 WEST GRANITE, Career Futures Inc is committed to providing the necessary resources and guidance to assist these individuals in navigating their career paths.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star Rating)
Career Futures Inc has received a Two-Star rating from Charity Navigator, primarily based on its accountability and finance metrics. The organization's overall score reflects its strong commitment to transparency and governance, as evidenced by having a fully independent board, a conflict of interest policy, and documented board meeting minutes. However, its financial health appears to be a significant area of concern, as indicated by a low liabilities to assets ratio.
The organization demonstrates strength in its program expense ratio, with 100% of expenses directed towards its programs. This suggests that Career Futures Inc is focused on its mission and effectively utilizing its funds. Additionally, the absence of material diversion of assets reinforces its integrity in managing resources.
Despite these positive attributes, the overall financial stability of the organization is questionable due to its liabilities. This may pose challenges for long-term sustainability and growth. Stakeholders should consider these factors when evaluating the organization's capacity to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Career Futures Inc legitimate?
Career Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Career Futures 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: $66,484
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,417
For more financial information, click here
What is the mission statement of Career Futures Inc?
Career Futures Inc is an organization dedicated to providing assistance to displaced homemakers and single parents. Their primary mission is to offer instruction in self-development, career opportunities, and decision-making, as well as career and vocational counseling. They also facilitate support group activities, all with the ultimate goal of aiding these individuals in securing vocational and/or employment. Their activities aim to empower these individuals, providing them with the tools necessary to make informed career decisions and ultimately secure employment.
Who is the CEO of Career Futures Inc?
Sarah Demoney is the Board Chairman of Career Futures Inc.
What is the revenue of Career Futures Inc?
Career Futures Inc's revenue in 2022 was $1,014,160.
Who are the executives of Career Futures Inc and what are their salaries?
Here are 7 key members and their salaries:
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- Compensation: $66,484
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Where can I find the form 990 for Career Futures Inc?
Career Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Career Futures Inc
Career Futures Inc, a nonprofit organization, is committed to providing outreach, instruction, and support to displaced homemakers and single parents. Their mission is threefold: to offer guidance in self-development, explore career opportunities, and aid in decision-making; to provide vocational counseling; and to facilitate support group activities. The ultimate goal of Career Futures Inc is to empower these individuals, helping them secure vocational and/or employment opportunities. By offering these services, the organization aims to equip displaced homemakers and single parents with the necessary skills and resources to rebuild their lives and secure a stable future.
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Impact
October, 2024
Career Futures Inc. significantly impacts the community by providing essential vocational training and employment support tailored for displaced homemakers and single parents. Through a comprehensive approach that includes instruction in self-development, career exploration, and decision-making, participants enhance their skills and gain clarity on their career paths.
The organization offers career and vocational counseling, helping individuals identify opportunities that align with their strengths and ambitions. Support group activities foster a sense of community and provide a platform for shared experiences, boosting confidence and resilience among participants. By equipping individuals with the skills and resources necessary for successful re-entry into the workforce, Career Futures Inc. plays a vital role in promoting economic independence and enhancing the overall well-being of families in Butte, Montana.
This information is meant to be a general summary of Career Futures 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.
- Gross Receipts: $1,014,160
Assets and Liabilities:
- Total Assets: $62,382
- Total Liabilities: $76,976
- Net Assets: -$14,594
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Organization Details
Founding Year
1989
Phone
(406) 723-9101Principal Officer
Sarah Demoney
Main Address
55 WEST GRANITE, BUTTE, MT, 59701
NTEE Category
Code: J20 - Employment
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