Overview
What is Heart Of America Chapter Abc Apprentices Trust Fund?
The Heart of America Chapter ABC Apprentices Trust Fund is a nonprofit organization situated in Kansas City, Missouri, specifically at 4035 Denton Road. Its primary mission is to provide apprenticeship training for employees of its member companies. By doing so, they contribute financially towards this venture, ensuring that their workers receive valuable on-the-job training. The trust fund's main activity involves offering training programs for the apprentices of its affiliated companies, contributing to their professional growth and development. With a total workforce of 30 individuals, the Heart of America Chapter ABC Apprentices Trust Fund plays an important role in the skill development and career advancement of its member companies' employees.
Official website here: www.abcksmo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, Overall Score: 69%)
The Heart of America Chapter ABC Apprentices Trust Fund has received a two-star rating from Charity Navigator, indicating that it needs improvement. While the organization has established a fully independent board with 100% independent members and maintains a strong liabilities to assets ratio of 7.99%, it struggles significantly in the area of financial transparency, as no financial statements are available for review.
The organization does demonstrate strengths in governance policies, having listed conflict of interest, whistleblower, and document retention policies effectively. Additionally, they have documented board meeting minutes, which reflects a commitment to accountability. However, the low program expense ratio of 60.46% suggests that a smaller portion of its budget is allocated directly to its programs compared to industry standards, raising concerns about its operational efficiency.
Overall, the Heart of America Chapter ABC Apprentices Trust Fund is recognized for its governance structure but falls short in financial accountability and programmatic spending. Continued efforts to improve financial transparency and enhance program funding will be critical for gaining greater trust and support from donors and stakeholders in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Heart Of America Chapter Abc Apprentices Trust Fund legitimate?
Heart Of America Chapter Abc Apprentices Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of America Chapter Abc Apprentices Trust Fund 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: $169,929
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Official website here: www.abcksmo.org
What is the mission statement of Heart Of America Chapter Abc Apprentices Trust Fund?
The Heart of America Chapter ABC Apprentices Trust Fund's mission is centered around providing training for apprentices employed by its member companies. This non-profit organization is committed to funding and facilitating apprenticeship programs, thereby contributing to the skill development and career growth of its affiliated employees. The goal is to equip apprentices with essential skills and knowledge, thereby enhancing their professional capabilities and contributing to the overall success of the member companies.
Official website here: www.abcksmo.org
Who is the CEO of Heart Of America Chapter Abc Apprentices Trust Fund?
Boyd Nolen is the Chair of Heart Of America Chapter Abc Apprentices Trust Fund.
Official website here: www.abcksmo.org
What is the revenue of Heart Of America Chapter Abc Apprentices Trust Fund?
Heart Of America Chapter Abc Apprentices Trust Fund's revenue in 2022 was $829,306.
Official website here: www.abcksmo.org
Who are the executives of Heart Of America Chapter Abc Apprentices Trust Fund and what are their salaries?
The average compensation at Heart Of America Chapter Abc Apprentices Trust Fund during 2022 was $5,664. There are 30 employees and 20 volunteers at Heart Of America Chapter Abc Apprentices Trust Fund.
Here are 5 key members and their salaries:
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Official website here: www.abcksmo.org
Where can I find the form 990 for Heart Of America Chapter Abc Apprentices Trust Fund?
Heart Of America Chapter Abc Apprentices Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abcksmo.org
Learn more at the official website: www.abcksmo.org
Mission Statement of Heart Of America Chapter Abc Apprentices Trust Fund
The Heart of America Chapter ABC Apprentices Trust Fund is committed to providing training for apprentices employed by its member companies. This nonprofit organization serves as a crucial resource, offering apprenticeship training that is funded by each employer associated with it. By investing in the education and development of these apprentices, the Trust Fund plays a significant role in shaping the skills and capabilities of the future workforce in an unspecified field or industry. The mission of the Heart of America Chapter ABC Apprentices Trust Fund is centered around empowering its member companies by equipping their employees with the necessary skills and knowledge through comprehensive apprenticeship training programs.
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Impact
July, 2024
The impact of the Heart Of America Chapter Abc Apprentices Trust Fund is significant as it provides essential training to apprentices of member companies in Kansas City, MO. This apprenticeship program, funded by each employer, equips employees with the skills and knowledge necessary to succeed in their respective fields. By offering this training, the Trust Fund plays a crucial role in enhancing employment opportunities for individuals and contributing to the growth and development of the workforce in the region.
This information is meant to be a general summary of Heart Of America Chapter Abc Apprentices Trust Fund. 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: $241
- Program Service Revenue: $818,505
- Gross Receipts: $829,306
Assets and Liabilities:
- Total Assets: $2,405,112
- Total Liabilities: $439,757
- Net Assets: $1,965,355
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$789,530
OTHER
Revenue
$28,975
Organization Details
Founding Year
1986
Phone
(816) 994-5990Principal Officer
Boyd Nolen
Main Address
4035 DENTON ROAD, KANSAS CITY, MO, 64133
Website
www.abcksmo.orgNTEE Category
Code: J22 - Employment
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