Overview
What is Strength Solutions?
Strength Solutions Inc, based in Olean, New York, is a nonprofit organization dedicated to empowering individuals and organizations by providing character strength assessments. Their mission is to help identify strengths and utilize them to overcome challenges, promoting success. They achieve this through strategic coaching, peer exchanges, skills development, workforce training, and digital technology. Strength Solutions Inc's offerings include goal-setting assistance, peer engagement, skill enhancement, and professional growth opportunities, aiming to support personal and organizational growth. With a small team of one, they are committed to making a positive impact on the lives and performance of their clients.
Official website here: www.strengthsoultions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.
Strength Solutions has received a low rating of 49%, indicating significant concerns regarding its accountability and financial practices. The absence of independent board members and failure to post essential documents on its website have contributed to this score. While the organization does not have material diversion of assets, it lacks a conflict of interest policy, which further diminishes its credibility.
On the positive side, Strength Solutions demonstrates a decent program expense ratio of 67.93%, suggesting that a substantial portion of its funds is allocated to its programs. Additionally, the organization adheres to certain operational policies, such as having a whistleblower policy and guidelines for document retention and destruction. However, improvements in governance and transparency are necessary for the charity to enhance its standing.
Overall, while Strength Solutions shows some strengths in its program funding, it faces significant challenges in governance and accountability. The lack of independent oversight and essential policy frameworks could hinder its effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Strength Solutions legitimate?
Strength Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strength Solutions 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: $15,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.strengthsoultions.org
What is the mission statement of Strength Solutions?
Strength Solutions' mission is centered around helping individuals and organizations identify their strengths to overcome obstacles to their success. They achieve this by providing character strength assessments and offering strategic coaching, peer exchanges, skills development, workforce training, and leveraging digital technology. The organization aims to establish achievable goals for its clients, empowering them to achieve their full potential.
Official website here: www.strengthsoultions.org
Who is the CEO of Strength Solutions?
Mike Marvin is the Executive Director of Strength Solutions.
Official website here: www.strengthsoultions.org
What is the revenue of Strength Solutions?
Strength Solutions's revenue in 2022 was $97,489.
Official website here: www.strengthsoultions.org
Who are the executives of Strength Solutions and what are their salaries?
The average compensation at Strength Solutions during 2022 was $15,925. There is 1 employee at Strength Solutions.
Here are 7 key members and their salaries:
- Compensation: $15,925
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- Other: $0
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- Other: $0
Official website here: www.strengthsoultions.org
Where can I find the form 990 for Strength Solutions?
Strength Solutions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.strengthsoultions.org
Learn more at the official website: www.strengthsoultions.org
Mission Statement of Strength Solutions
Strength Solutions, an organization dedicated to character development, aims to assist individuals and organizations in identifying their inherent strengths. Its mission is to empower these entities to leverage these strengths effectively, enabling them to surmount the obstacles that hinder their success. This is achieved through strategic coaching, peer exchanges, skills development, workforce training, and the application of digital technology. The organization's primary goal is to help people and organizations utilize their strengths to their full potential, ultimately leading to personal and professional growth.
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Impact
October, 2024
Strength Solutions has a significant impact on individuals and organizations by facilitating a deep understanding of character strengths. Through character strength assessments, participants identify their unique abilities and potential, which serves as a foundation for setting achievable goals. The organization further enhances this process with strategic coaching, peer exchanges, and skills development, empowering clients to leverage their strengths effectively.
By focusing on workforce training and integrating digital technology, Strength Solutions equips people and organizations to navigate challenges and improve performance. Their approach not only fosters personal and professional growth but also cultivates a supportive community where individuals can share experiences and strategies. Ultimately, Strength Solutions plays a crucial role in helping clients overcome obstacles, leading to enhanced success and fulfillment in various aspects of life.
This information is meant to be a general summary of Strength Solutions. 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.
- Gross Receipts: $97,489
Assets and Liabilities:
- Total Assets: $40,445
- Total Liabilities: $31,202
- Net Assets: $9,243
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Organization Details
Phone
(716) 373-2008Principal Officer
Mike Marvin
Main Address
160 N UNION ST, Olean, NY, 14760
Website
www.strengthsoultions.orgNTEE Category
Code: B90 - Education
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