Overview
What is Fort Worth Pipe Trades Training Cen Trust?
Fort Worth Pipe Trades Training Cen Trust is a nonprofit organization situated in Fort Worth, Texas, primarily focused on employment and job training. Their mission revolves around apprenticeship training, specifically catering to individuals seeking to enhance their skills in this area. The Fort Worth Training Center serves as a platform for imparting knowledge and honing abilities, ultimately preparing apprentices for various professions within their field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Fort Worth Pipe Trades Training Center Trust has received an 82% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is based entirely on the Accountability & Finance beacon, which reflects the organization's commitment to transparency and responsible financial management. The significant focus on accountability suggests that the organization is well-regulated and maintains effective oversight.
One of the strengths of this nonprofit is its governance structure, featuring a fully independent board with eight members. This independence enhances the accountability framework, ensuring that the organization operates without conflicts of interest. Additionally, the organization has demonstrated strong financial health, evidenced by a favorable liabilities to assets ratio of 32.57% and an impressive program expense ratio of 89.47%, indicating that a substantial portion of its funding is directed toward its programs.
While the data indicates a positive outcome for the organization, the rating is primarily derived from financial metrics, which means that additional insights into program effectiveness or impact were not included in the assessment. Overall, the Fort Worth Pipe Trades Training Center Trust appears to be a financially stable and transparently managed nonprofit, although further information on its operational effectiveness could provide a more comprehensive view of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Worth Pipe Trades Training Cen Trust legitimate?
Fort Worth Pipe Trades Training Cen Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Worth Pipe Trades Training Cen Trust 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: $58,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,067
For more financial information, click here
What is the mission statement of Fort Worth Pipe Trades Training Cen Trust?
The Fort Worth Pipe Trades Training Center Trust's mission revolves around providing apprenticeship training. This organization is committed to educating and training apprentices, serving as an employment or job training program. The focus is on equipping individuals with the necessary skills for their respective trades within the piping industry.
Who is the CEO of Fort Worth Pipe Trades Training Cen Trust?
Gary Freer is the Trustee of Fort Worth Pipe Trades Training Cen Trust.
What is the revenue of Fort Worth Pipe Trades Training Cen Trust?
Fort Worth Pipe Trades Training Cen Trust's revenue in 2021 was $671,988.
Who are the executives of Fort Worth Pipe Trades Training Cen Trust and what are their salaries?
The average compensation at Fort Worth Pipe Trades Training Cen Trust during 2021 was $13,732. There are 23 employees at Fort Worth Pipe Trades Training Cen Trust.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Fort Worth Pipe Trades Training Cen Trust?
Fort Worth Pipe Trades Training Cen Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Fort Worth Pipe Trades Training Cen Trust
Fort Worth Pipe Trades Training Center Trust is a dedicated organization focused on providing apprenticeship training. This nonprofit's mission, in essence, is to educate and prepare individuals for employment in the pipe trades industry. Through their comprehensive apprenticeship program, they equip trainees with the necessary skills and knowledge required for successful careers in this field. The Fort Worth Training Center serves as a hub for this transformative learning experience, offering a structured and supportive environment for the growth and development of its apprentices.
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Impact
July, 2024
The Fort Worth Pipe Trades Training Center Trust has a significant impact on the community by providing apprenticeship training in the skilled trades industry. By offering this training program, the center helps individuals in Fort Worth, TX develop valuable skills that lead to employment opportunities in the construction and related industries. Through their mission of training apprentices, the center contributes to the workforce development of the local community, providing individuals with the knowledge and experience needed to succeed in their chosen career paths.
This information is meant to be a general summary of Fort Worth Pipe Trades Training Cen Trust. 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 2021.
- Investment Income: $82,773
- Program Service Revenue: $478,508
- Gross Receipts: $671,988
Assets and Liabilities:
- Total Assets: $3,315,592
- Total Liabilities: $1,080,042
- Net Assets: $2,235,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
A & G PIPING
Revenue
$84,140
BRANDT ENGINEERING
Revenue
$61,795
FREER MECHANCIAL
Revenue
$44,911
DILDY & ASSOCIATES
Revenue
$36,560
DYNAMIC SYSTEMS
Revenue
$27,952
Organization Details
Phone
(817) 534-5566Principal Officer
Gary Freer
Main Address
9920 WHITE SETTLEMENT ROAD, FORT WORTH, TX, 76108
NTEE Category
Code: B30 - Education
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