Overview
What is Michigan Barber School Inc?
Michigan Barber School Inc, located in Detroit, Michigan, is a distinguished institution dedicated to training aspiring barbers. The school requires students to complete a comprehensive program of at least 1800 hours, including 225 hours of academics and 1575 hours of practical training, which takes approximately 15-18 months to complete. The school's mission is to cultivate some of the finest barbers in America, providing the necessary training and knowledge needed to secure and maintain a successful career in this stable sector of the economy. The school's employment rate is high, with an approaching 100% job placement rate. With a team of nine dedicated individuals, Michigan Barber School Inc is committed to shaping the future of the barbering industry.
Official website here: www.michiganbarberschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Michigan Barber School Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is based entirely on a single beacon score, reflecting a strong commitment to transparency and responsible financial management. The organization achieved full points in various categories, including its audit and oversight practices, conflict of interest policy, and its whistleblower policy, showcasing its dedication to ethical governance.
The nonprofit demonstrates a high program expense ratio of 84.97%, which suggests that a significant portion of its resources is directed toward fulfilling its mission rather than administrative costs. Additionally, the organization maintains a low liabilities to assets ratio of 21.20%, indicating a healthy financial position. These strengths reflect effective financial practices and a focus on maximizing impact within the community it serves.
While the rating is commendable, it is essential for potential donors and supporters to consider the broader context of the nonprofit's mission and outcomes. Engaging with the organization directly may provide further insights into its programs and the impact of its services on individuals seeking education and training in the barbering profession.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Barber School Inc legitimate?
Michigan Barber School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Barber School 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: $250,525
For more financial information, click here
Official website here: www.michiganbarberschool.org
What is the mission statement of Michigan Barber School Inc?
The Michigan Barber School Inc's mission is centered around training potential top-tier barbers in the United States. The institution aims to equip students with the necessary education and skills to secure stable positions in the economy's barbering sector. The school offers a comprehensive program consisting of both theoretical and practical training, requiring students to complete a minimum of 1800 hours. This program usually takes between 15 and 18 months to complete. The school's job placement rate is impressively high, approaching 100%.
Official website here: www.michiganbarberschool.org
Who is the CEO of Michigan Barber School Inc?
Saul Green is the Member of Michigan Barber School Inc.
Official website here: www.michiganbarberschool.org
What is the revenue of Michigan Barber School Inc?
Michigan Barber School Inc's revenue in 2022 was $2,410,168.
Official website here: www.michiganbarberschool.org
Who are the executives of Michigan Barber School Inc and what are their salaries?
The average compensation at Michigan Barber School Inc during 2022 was $27,836. There are 9 employees at Michigan Barber School Inc.
Here are 5 key members and their salaries:
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Official website here: www.michiganbarberschool.org
Where can I find the form 990 for Michigan Barber School Inc?
Michigan Barber School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michiganbarberschool.org
Learn more at the official website: www.michiganbarberschool.org
Mission Statement of Michigan Barber School Inc
Michigan Barber School Inc, with a mission to train potentially the finest barbers in America, aims to equip students with the necessary knowledge and skills to secure and maintain a stable career in the barbering industry. The school prioritizes providing comprehensive training, requiring students to complete a minimum of 1800 hours, comprising 225 hours in academic studies and 1575 hours in practical training. This rigorous program typically takes 15-18 months to complete. The school's commitment to its students' success is evident in its almost 100% job placement rate. Michigan Barber School Inc is dedicated to shaping the future of the barbering profession, ensuring its graduates are well-equipped to excel in this rewarding field.
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Impact
July, 2024
Michigan Barber School Inc has a significant impact on the community by providing high-quality training to aspiring barbers. With a job placement rate approaching 100%, the school helps equip individuals with the necessary skills and knowledge to secure positions in a stable sector of the economy. By requiring students to complete a comprehensive program of 1800 hours of instruction, Michigan Barber School Inc is dedicated to producing some of the finest barbers in America. This not only benefits the students themselves but also contributes to the professional workforce in the Detroit area and beyond.
This information is meant to be a general summary of Michigan Barber School 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.
- Investment Income: $185
- Program Service Revenue: $1,006,851
- Gross Receipts: $2,410,168
Assets and Liabilities:
- Total Assets: $890,305
- Total Liabilities: $188,784
- Net Assets: $701,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & BARBER SERVI
Revenue
$1,006,851
Organization Details
Founding Year
1947
Phone
(313) 894-2300Principal Officer
Saul Green
Main Address
8990 GRAND RIVER, DETROIT, MI, 482042244
Website
www.michiganbarberschool.orgNTEE Category
Code: B41 - Education
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