Overview
What is Great Work Inc?
Great Work Inc is a nonprofit organization situated in Bentonville, Arkansas, with a PO Box as its primary address. Their primary focus lies in fostering learner-centered environments and resources for both youth and adults. This encompasses pioneering learner-centered schooling, adult learning, and Montessori training. Great Work Inc is committed to learner-centered education and high-fidelity AMI Montessori training, aiming to revolutionize and amplify the role of young individuals in their own education and journey towards adulthood. They explore what school and learning could potentially be, with a total workforce of 70 dedicated individuals.
Official website here: www.greatworkinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (50%)
Great Work Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in areas like the independence of its board members, with only 33% being independent, and the absence of key financial statements. While it does have some policies in place, such as a conflict of interest policy, critical policies like a whistleblower policy and document retention are missing.
On the positive side, Great Work Inc shows a strong commitment to program expenses, with a program expense ratio of 69.31%, indicating that a substantial portion of its funding goes directly toward its mission. Additionally, the organization has managed to maintain no material diversion of assets, which is a positive aspect of its financial integrity. However, challenges in fundraising efficiency and working capital ratios highlight the need for improvement in financial management.
Overall, while Great Work Inc is meeting some basic criteria for nonprofit operation, its low ratings in governance and financial reporting raise red flags. The organization may benefit from enhancing its board independence and improving transparency to foster greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Great Work Inc legitimate?
Great Work Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Work 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: $2,392,728
For more financial information, click here
Official website here: www.greatworkinc.org
What is the mission statement of Great Work Inc?
Great Work Inc is dedicated to redefining the role of youth in their education and journey towards adulthood. This is achieved through exploring and reimagining the concept of school and learning. The organization is committed to learner-centered education and high-fidelity A.M.I. Montessori training. They operate, promote, and develop learner-focused environments and resources for both youth and adults, which includes piloting learner-centered schooling, adult learning, and Montessori training. Great Work Inc strives to amplify the voice and agency of learners in their educational journey.
Official website here: www.greatworkinc.org
What is the revenue of Great Work Inc?
Great Work Inc's revenue in 2023 was $4,708,017.
Official website here: www.greatworkinc.org
Who are the executives of Great Work Inc and what are their salaries?
The average compensation at Great Work Inc during 2023 was $27,822. There are 86 employees and 9 volunteers at Great Work Inc.
Here are 15 key members and their salaries:
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- Compensation: $112,267
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- Other: $12,374
- Compensation: $115,732
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- Other: $26,308
- Compensation: $191,343
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- Other: $22,869
- Compensation: $138,567
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- Other: $16,678
Official website here: www.greatworkinc.org
Where can I find the form 990 for Great Work Inc?
Great Work Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.greatworkinc.org
Learn more at the official website: www.greatworkinc.org
Mission Statement of Great Work Inc
Great Work Inc, a nonprofit organization, is dedicated to reimagining and amplifying the role of learners in their own education and journey towards adulthood. By exploring what school and learning can truly be, they strive to shift the focus from traditional teaching methods to learner-centered education. This commitment extends to their operations, promotions, and development of environments and resources for both youth and adults. Great Work Inc goes beyond the conventional by piloting learner-centered schooling, adult learning programs, and Montessori training, aiming to foster an educational landscape that empowers learners to take an active role in their own growth.
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Impact
July, 2024
Great Work Inc's impact includes revolutionizing education through learner-centered approaches and high fidelity A.M.I. Montessori training. By piloting learner-centered schooling, adult learning programs, and Montessori training, Great Work Inc is reshaping education for both youth and adults. Their commitment to rethinking the traditional role of youth in their education and journey to adulthood is inspiring change and fostering a culture of empowerment and innovation in the field of education.
This information is meant to be a general summary of Great Work 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 2023.
- Investment Income: $13,245
- Program Service Revenue: $402,313
- Gross Receipts: $5,003,488
Assets and Liabilities:
- Total Assets: $1,020,707
- Total Liabilities: $2,771
- Net Assets: $1,017,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CONTRACTS
Revenue
$355,387
TRAINING
Revenue
$25,456
MATH INSTITUTE
Revenue
$12,527
RENTAL INCOME
Revenue
$8,943
Organization Details
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