Overview
What is Ideal Industries Inc?
Ideal Industries Inc, located in Richmond, Missouri, is a dedicated nonprofit organization that prioritizes the employment and well-being of adults with disabilities. With a workforce of 100 individuals, they aim to create a positive and inclusive environment, offering meaningful employment opportunities and fostering meaningful relationships. Their mission is to enhance the quality of life for these individuals by focusing on both employment prospects and personal connections. They also conduct a workshop for social therapy, further contributing to their goal of empowerment and improvement.
Official website here: www.idealindustriesincorporated.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Ideal Industries Inc has achieved an impressive 96% score on Charity Navigator, which reflects a strong emphasis on Accountability & Finance. The organization’s high rating indicates a well-managed nonprofit, demonstrating robust financial practices and transparency, as evidenced by its perfect scores in several governance categories, including an entirely independent board and thorough financial oversight.
The nonprofit excels in its commitment to ethical standards, having policies in place for conflict of interest, whistleblowing, and document retention. Additionally, with a program expense ratio of 81.91%, it shows a clear dedication to utilizing funds for direct program services rather than administrative costs, which is an encouraging sign for donors seeking impact.
While the data does not indicate any significant limitations, the overall financial health and governance structure suggest a solid foundation for ongoing operations. Ideal Industries Inc appears well-positioned to maintain its commitment to accountability and service effectiveness, making it a commendable choice for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Ideal Industries Inc legitimate?
Ideal Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ideal Industries 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: $612,022
For more financial information, click here
Official website here: www.idealindustriesincorporated.com
What is the mission statement of Ideal Industries Inc?
Ideal Industries Inc's mission is centered around providing meaningful employment opportunities for adults with disabilities. They achieve this by focusing on creating a positive work environment, offering employment prospects, and fostering meaningful relationships. The organization's goal is to enhance the quality of life for individuals with disabilities. Additionally, Ideal Industries Inc operates a workshop that serves as a platform for social therapy for the handicapped and disabled.
Official website here: www.idealindustriesincorporated.com
Who is the CEO of Ideal Industries Inc?
Heather Pugh is the Executive Di of Ideal Industries Inc.
Official website here: www.idealindustriesincorporated.com
What is the revenue of Ideal Industries Inc?
Ideal Industries Inc's revenue in 2022 was $1,052,452.
Official website here: www.idealindustriesincorporated.com
Who are the executives of Ideal Industries Inc and what are their salaries?
The average compensation at Ideal Industries Inc during 2022 was $6,120. There are 100 employees and 6 volunteers at Ideal Industries Inc.
Here are 7 key members and their salaries:
- Compensation: $61,112
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.idealindustriesincorporated.com
Where can I find the form 990 for Ideal Industries Inc?
Ideal Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.idealindustriesincorporated.com
Learn more at the official website: www.idealindustriesincorporated.com
Mission Statement of Ideal Industries Inc
Ideal Industries Inc, a nonprofit organization, is committed to providing meaningful employment opportunities for adults with disabilities. Their mission is twofold: firstly, they aim to create a positive work environment that fosters growth and development, and secondly, they focus on establishing meaningful relationships within their community. This mission is driven by their desire to enhance the quality of life for individuals with disabilities. To achieve this, Ideal Industries Inc operates a workshop that provides social therapy, offering a platform for these individuals to engage in productive and fulfilling work.
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Impact
July, 2024
Ideal Industries Inc has a significant impact on the community by striving to provide meaningful employment for adults with disabilities. This organization focuses on creating a positive environment, offering employment opportunities, and fostering meaningful relationships for individuals with disabilities. Through their workshops and social therapy programs, Ideal Industries Inc works towards enhancing the quality of life for adults with disabilities in Richmond, MO. Their mission is centered around empowering individuals with disabilities to find purpose and fulfillment through gainful employment.
This information is meant to be a general summary of Ideal Industries 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: $4,213
- Program Service Revenue: $510,295
- Gross Receipts: $1,052,452
Assets and Liabilities:
- Total Assets: $641,982
- Total Liabilities: $51,020
- Net Assets: $590,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$510,295
Organization Details
Founding Year
1979
Phone
(816) 470-7137Principal Officer
Heather Pugh
Main Address
601 N THORNTON, RICHMOND, MO, 64085
NTEE Category
Code: J300 - Employment
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