nonprofit logo

Ideal Industries Inc

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

EIN: 431181308 ✦ Richmond, MO ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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:


Heather Pugh (Executive Di)
  • Compensation: $61,112
  • Related: $0
  • Other: $0
Bob Haden (Finance Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Harrison (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Lowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Mcginnis (Finance Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Sands (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron White (President)
  • Compensation: $0
  • Related: $0
  • 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$1,052,452 (2022)
Expenses
$1,023,980 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Heather Pugh

Main Address

601 N THORNTON, RICHMOND, MO, 64085

NTEE Category

Code: J300 - Employment

If you are a representative of Ideal Industries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.