Kcq Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411492566 ✦ Faribault, MN ✦ Designated as a 501(c)(3)

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Overview

What is Kcq Inc?

Kcq Inc, located at 402 Heritage Place, Faribault, MN 55021, is a dedicated nonprofit organization. Their primary mission is to advocate for individuals with disabilities and offer necessary services to help them secure employment. This includes providing training and counseling for placement in employment activities, ultimately aiming to maximize their vocational potential and facilitate their integration into the community. With a workforce of 48 individuals, Kcq Inc is committed to empowering people with disabilities and enabling them to lead fulfilling lives through employment opportunities.


Official website here: www.kcqinc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

Kcq Inc has received an overall score of 81%, reflecting a solid performance in accountability and finance. This rating suggests that the organization demonstrates a strong commitment to transparency and responsible financial practices, which is essential for donor trust. The charity's score is derived entirely from its Accountability & Finance metrics, indicating a focused approach to these key areas.

The organization excels in various financial aspects, achieving full points for its audit quality, absence of material diversion of assets, and having essential policies in place such as a conflict of interest policy and a whistleblower policy. Additionally, all required documents, including board meeting minutes, are appropriately maintained and accessible. The charity also exhibits an excellent program expense ratio, indicating that it effectively allocates its funds towards its intended programs.

However, while the accountability and financial management aspects are commendable, the rating does not provide insights into the operational effectiveness or impact of the programs that Kcq Inc implements. This could be an area for improvement or additional reporting to further enhance donor confidence and understanding of the organization's mission and outcomes.


This AI summary has been generated from information found on Charity Navigator.

Is Kcq Inc legitimate?

Kcq Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kcq 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: $295,869

For more financial information, click here


Official website here: www.kcqinc.com

What is the mission statement of Kcq Inc?

Kcq Inc's mission is centered around advocating for individuals with disabilities, striving to provide them with necessary services to secure employment opportunities. By doing so, the organization aims to help these individuals maximize their vocational potential, ultimately integrating them into the community. Kcq Inc accomplishes this mission by offering training and placement counseling services to handicapped individuals, equipping them with the necessary skills for employment. The primary goal is to empower these individuals, enabling them to lead fulfilling lives within their community.


Official website here: www.kcqinc.com

Who is the CEO of Kcq Inc?

Russell Kennedy is the President of Kcq Inc.


Official website here: www.kcqinc.com

What is the revenue of Kcq Inc?

Kcq Inc's revenue in 2023 was $759,256.


Official website here: www.kcqinc.com

Who are the executives of Kcq Inc and what are their salaries?

The average compensation at Kcq Inc during 2023 was $6,164. There are 48 employees at Kcq Inc.


Here are 4 key members and their salaries:


Russell Kennedy (President)
  • Compensation: $0
  • Related: $100,000
  • Other: $23,929
Jackie Gretz (Vice President)
  • Compensation: $0
  • Related: $109,366
  • Other: $0
Brendan Kennedy (Secretary)
  • Compensation: $0
  • Related: $89,291
  • Other: $0
George Farmer (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kcqinc.com

Where can I find the form 990 for Kcq Inc?

Kcq Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kcqinc.com

Learn more at the official website: www.kcqinc.com

Mission Statement of Kcq Inc

Kcq Inc, a nonprofit organization, is dedicated to advocating for individuals with disabilities. Their mission is to provide services that enable these individuals to secure employment, thereby maximizing their vocational potential for integration into the community. Kcq Inc achieves this mission by offering training and placement counseling to handicapped persons, helping them develop the necessary skills for employment activities. By doing so, Kcq Inc empowers individuals with disabilities to become active members of their communities, fostering a more inclusive and equitable society.

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Impact




July, 2024

Kcq Inc's impact is evident in its commitment to providing training and placement counseling to handicapped individuals in employment activities. By offering these services, the organization is advocating for individuals with disabilities and enabling them to obtain employment opportunities. Through its mission of maximizing vocational potential and promoting integration in the community, Kcq Inc is making a significant difference in the lives of those it serves.




This information is meant to be a general summary of Kcq 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.

Revenue
$759,256 (2023)
Expenses
$598,351 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $16,062
  • Program Service Revenue: $740,694
  • Gross Receipts: $779,256

Assets and Liabilities:

  • Total Assets: $1,608,919
  • Total Liabilities: $25,026
  • Net Assets: $1,583,893

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICES

Revenue

$740,694

Organization Details

Founding Year

1984

Principal Officer

Russell Kennedy

Main Address

402 HERITAGE PLACE, FARIBAULT, MN, 550215248

NTEE Category

Code: J20 - Employment

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