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Vickery Trading Company Inc

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

EIN: 473282958 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Vickery Trading Company Inc?

Vickery Trading Company Inc, a Dallas, Texas-based nonprofit, is dedicated to providing job training and educational programs for individuals in need. The organization offers a comprehensive range of courses, including English as a Second Language (ESL), typing, health, financial literacy, and cultural training classes, twice a week with the assistance of a professional ESL instructor. Their mission is to assist newcomers in successfully assimilating into American life. With a total of 36 employees, Vickery Trading Company Inc strives to empower individuals, contributing positively to their personal and professional growth.


Official website here: www.vickerytrading.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating. This high score reflects Vickery Trading Company Inc's strong performance in accountability and finance, indicating effective management of resources. The organization has a solid foundation, with an independent board that meets the standards for governance.

Strengths of the nonprofit include a complete independent board and a strong program expense ratio of 72.31%, which suggests that a significant portion of its expenses goes directly to its programs. The absence of material diversion of assets and a favorable liabilities to assets ratio further enhances the financial stability of the organization. Additionally, Vickery Trading Company has well-established policies on conflict of interest and document retention.

However, it is worth noting that the organization is missing a whistleblower policy, which could be a potential area for improvement. Transparency mechanisms like this are important for ensuring accountability and fostering trust within the nonprofit sector. Overall, Vickery Trading Company Inc demonstrates commendable management practices but could enhance its governance framework by addressing the noted limitation.


This AI summary has been generated from information found on Charity Navigator.

Is Vickery Trading Company Inc legitimate?

Vickery Trading Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vickery Trading Company 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: $39,998
Professional Fundraising Fees: $10,755
Other Salaries and Wages: $268,366

For more financial information, click here


Official website here: www.vickerytrading.org

What is the mission statement of Vickery Trading Company Inc?

Vickery Trading Company Inc's mission is centered around providing job training and educational programs for individuals in need. Through their initiatives, they aim to assist individuals in integrating into life in the United States. This is achieved through a variety of classes, including English as a Second Language (ESL), typing, health, financial management, and cultural education. ESL instruction is offered twice weekly by a professional instructor. The company's mission is focused on empowering these individuals, equipping them with the necessary skills to enhance their lives.


Official website here: www.vickerytrading.org

Who is the CEO of Vickery Trading Company Inc?

Stephanie Giddens is the President & Board Chairperson of Vickery Trading Company Inc.


Official website here: www.vickerytrading.org

What is the revenue of Vickery Trading Company Inc?

Vickery Trading Company Inc's revenue in 2022 was $482,809.


Official website here: www.vickerytrading.org

Who are the executives of Vickery Trading Company Inc and what are their salaries?

The average compensation at Vickery Trading Company Inc during 2022 was $8,566. There are 36 employees and 62 volunteers at Vickery Trading Company Inc.


Here are 4 key members and their salaries:


Stephanie Giddens (President & Board Chairperson)
  • Compensation: $39,998
  • Related: $0
  • Other: $0
Dru Luedke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Hering (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Chance (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vickerytrading.org

Where can I find the form 990 for Vickery Trading Company Inc?

Vickery Trading Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vickerytrading.org

Learn more at the official website: www.vickerytrading.org

Mission Statement of Vickery Trading Company Inc

Vickery Trading Company Inc, a nonprofit organization, is committed to providing job training and educational programs for individuals in need. Their mission is to equip these individuals with the necessary skills to integrate into American life more effectively. This is achieved through a variety of professional development classes, including English as a Second Language (ESL) instruction, typing lessons, health education, financial management, and cultural sensitivity training sessions. The ESL instruction is offered twice a week by a professional instructor, aiming to bridge the language gap and facilitate smoother communication in the USA.

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Impact




July, 2024

Vickery Trading Company Inc has a significant impact by providing job training and educational programs to those in need, particularly focusing on professional development to help individuals assimilate into life in the USA. Their services include ESL instruction twice a week with a professional instructor, as well as training in typing, health, finances, and cultural awareness. This initiative equips individuals with essential skills and knowledge to improve their employment prospects and overall quality of life.




This information is meant to be a general summary of Vickery Trading Company 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
$482,809 (2022)
Expenses
$504,931 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $59,276
  • Gross Receipts: $482,809

Assets and Liabilities:

  • Total Assets: $87,538
  • Total Liabilities: $36,764
  • Net Assets: $50,774

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Retail Sales

Revenue

$45,603

Manufacturing Sales

Revenue

$9,724

Service Sales

Revenue

$3,949

Organization Details

Founding Year

2015

Principal Officer

Stephanie Giddens

Main Address

PO Box 820183, Dallas, TX, 753820183

NTEE Category

Code: J22 - Employment

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