Overview
What is Floodwood Services And Training Inc?
Floodwood Services and Training Inc, located in Floodwood, Minnesota, is a nonprofit organization dedicated to assisting adults with disabilities. Their primary mission is to empower these individuals by helping them develop and maintain essential life skills, enabling them to fully engage in community life. The organization offers a stimulating program that emphasizes independence, community integration, and meaningful employment for developmentally disabled persons. With a workforce of 66 employees, Floodwood Services and Training Inc plays a significant role in promoting inclusion and self-sufficiency for individuals with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Floodwood Services And Training Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 86% overall, primarily driven by its perfect scores in areas such as independent board member composition and financial oversight. With 100% of board members being independent and an impressive program expense ratio of 89.68%, Floodwood demonstrates a commitment to ensuring that the majority of its funds directly support its mission.
Despite these strengths, there are notable limitations in Floodwood's governance practices. The organization lacks a whistleblower policy and has not established a document retention and destruction policy, which may raise concerns about transparency and accountability. These missing components could affect the overall perception of the organization’s commitment to best practices in nonprofit governance.
Overall, Floodwood Services And Training Inc shows a strong financial performance and a commitment to effective resource allocation, but addressing its governance shortcomings could further enhance its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Floodwood Services And Training Inc legitimate?
Floodwood Services And Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floodwood Services And Training 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: $72,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Floodwood Services And Training Inc?
Floodwood Services and Training Inc. is committed to providing a stimulating program for individuals with developmental disabilities. This program emphasizes promoting independence, community integration, and meaningful employment for these individuals. Through their day support services, they assist adults with disabilities in developing and maintaining necessary life skills, enabling them to fully participate in community life.
Who is the CEO of Floodwood Services And Training Inc?
Dawn Lamping is the Secretary of Floodwood Services And Training Inc.
What is the revenue of Floodwood Services And Training Inc?
Floodwood Services And Training Inc's revenue in 2022 was $1,379,498.
Who are the executives of Floodwood Services And Training Inc and what are their salaries?
The average compensation at Floodwood Services And Training Inc during 2022 was $1,103. There are 66 employees at Floodwood Services And Training Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Floodwood Services And Training Inc?
Floodwood Services And Training Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Floodwood Services And Training Inc
Floodwood Services and Training Inc is committed to providing a stimulating program for individuals with developmental disabilities, emphasizing independence, community integration, and meaningful employment. The organization's mission is to create an environment that encourages the growth and development of these individuals, enabling them to fully participate in community life. Through their day support services, Floodwood Services and Training Inc assists adults with disabilities in honing and maintaining essential life skills. This holistic approach aims to empower these individuals, fostering their independence and integration into society, ultimately leading to fulfilling employment opportunities.
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Impact
July, 2024
Floodwood Services And Training Inc's impact is profound in providing developmentally disabled individuals with a stimulating program that emphasizes independence, community integration, and meaningful employment. Through their day support services, they engage adults with disabilities, assisting them in developing and maintaining life skills to fully participate in community life. By focusing on empowering individuals with disabilities and helping them integrate into society, Floodwood Services And Training Inc is playing a crucial role in enhancing the quality of life for this vulnerable population. Their dedication to promoting independence and facilitating meaningful employment opportunities is not only beneficial for the individuals they serve but also positively impacts the community as a whole.
This information is meant to be a general summary of Floodwood Services And Training 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: $734
- Program Service Revenue: $1,029,834
- Gross Receipts: $1,410,718
Assets and Liabilities:
- Total Assets: $2,646,475
- Total Liabilities: $687,024
- Net Assets: $1,959,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT DAY SERVICES
Revenue
$1,843
DAY TRAINING AND HABILITATION
Revenue
$457,369
PREVOCATIONAL
Revenue
$209,650
CHORE SERVICES
Revenue
$52,709
TRANSPORTATION
Revenue
$239,088
Organization Details
Founding Year
1977
Phone
(218) 476-2230Principal Officer
Dawn Lamping
Main Address
PO BOX 347, FLOODWOOD, MN, 55736
NTEE Category
Code: J30 - Employment
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