Overview
What is National Fund For Workforce Solutions?
The National Fund for Workforce Solutions is a nonprofit organization based in Washington, D.C., specifically at 1250 Connecticut Avenue NW 200. Their mission is to improve workforce development by collaborating with workers, employers, and communities. They adopt a demand-driven approach, recognizing employers as crucial partners in community development and achieving their mission. The National Fund aims to enhance employment opportunities, ensuring workers thrive in good jobs where they are valued. This approach fosters better recruitment and retention rates, creating a competitive advantage for businesses and contributing positively to individuals, families, and communities. They have a workforce of 23 individuals dedicated to their cause.
Official website here: www.nationalfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The National Fund For Workforce Solutions has received an impressive Four-Star out of Four Star rating from Charity Navigator, demonstrating a high level of accountability and financial health. The organization's overall score is derived entirely from its strong performance in the Accountability & Finance category, where it also achieved a score of 97%. This rating indicates that the charity effectively manages its resources and maintains transparency in its operations.
Strengths of the National Fund For Workforce Solutions include a fully independent board and excellent financial management practices. The charity scored full points in various areas, such as having an independent board size of ten members and a solid audit and oversight committee. Additionally, it reported no material diversion of assets and maintains an efficient fundraising operation, with a ratio indicating only $0.03 spent to raise every dollar.
Despite the overwhelmingly positive rating, there are no specific limitations noted in the data provided. The charity's strong ratios for program expenses and working capital reinforce its position as a reliable and effective organization within its sector. Overall, the National Fund For Workforce Solutions exemplifies best practices in nonprofit governance and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is National Fund For Workforce Solutions legitimate?
National Fund For Workforce Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Fund For Workforce 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: $393,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,429,239
For more financial information, click here
Official website here: www.nationalfund.org
What is the mission statement of National Fund For Workforce Solutions?
The National Fund for Workforce Solutions collaborates with workers, employers, and communities to advance a skilled workforce, promote good jobs, and invest in equitable outcomes. They take a demand-driven approach to workforce development, recognizing the crucial role employers play in community development and achieving their mission. The goal is not just to connect people to employment, but to help workers thrive in good jobs at organizations where they are valued. Investing in frontline workers improves recruitment and retention, creating a competitive advantage. Good jobs generate benefits for individuals and their families, businesses, and communities.
Official website here: www.nationalfund.org
Who is the CEO of National Fund For Workforce Solutions?
Amanda Cage is the Chairman of National Fund For Workforce Solutions. The CEO's salary of National Fund For Workforce Solutions is $210,640 and their total compensation is $220,191.
Official website here: www.nationalfund.org
What is the revenue of National Fund For Workforce Solutions?
National Fund For Workforce Solutions's revenue in 2022 was $5,204,741.
Official website here: www.nationalfund.org
Who are the executives of National Fund For Workforce Solutions and what are their salaries?
The average compensation at National Fund For Workforce Solutions during 2022 was $79,240. There are 23 employees and 9 volunteers at National Fund For Workforce Solutions.
Here are 16 key members and their salaries (National Fund For Workforce Solutions's CEO's salary is $210,640 and their total compensation is $220,191):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $210,640
- Related: $0
- Other: $9,551
- Compensation: $138,677
- Related: $0
- Other: $15,672
- Compensation: $117,642
- Related: $0
- Other: $26,531
- Compensation: $112,176
- Related: $0
- Other: $28,712
- Compensation: $122,911
- Related: $0
- Other: $13,091
- Compensation: $111,649
- Related: $0
- Other: $14,078
- Compensation: $118,055
- Related: $0
- Other: $15,355
Official website here: www.nationalfund.org
Where can I find the form 990 for National Fund For Workforce Solutions?
National Fund For Workforce Solutions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalfund.org
Learn more at the official website: www.nationalfund.org
Mission Statement of National Fund For Workforce Solutions
The National Fund for Workforce Solutions collaborates with workers, employers, and communities to foster a skilled workforce, promote good jobs, and invest in equitable outcomes. This organization takes a demand-driven approach to workforce development, recognizing the critical role employers play in community development and achieving their mission. By activating employers, they encourage the improvement of jobs, ensuring workers thrive in organizations where they are valued. This investment in frontline workers enhances recruitment and retention, creating a competitive advantage. Good jobs benefit not only individuals and their families but also businesses and communities, making the National Fund for Workforce Solutions a significant player in improving workforce development and promoting equitable outcomes.
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Impact
July, 2024
National Fund for Workforce Solutions collaborates with workers, employers, and communities to advance a skilled workforce, promote good jobs, and invest in equitable outcomes. By activating employers to make jobs better, they not only connect people to employment but also ensure that workers thrive in good jobs where they are valued. This approach improves recruitment and retention, creating a competitive advantage for businesses while generating benefits for individuals, families, and communities. Through their demand-driven approach to workforce development, National Fun for Workforce Solutions plays a critical role in community development and achieving their mission of creating a more skilled and equitable workforce.
This information is meant to be a general summary of National Fund For Workforce 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.
- Investment Income: $12,239
- Program Service Revenue: $294,456
- Gross Receipts: $5,204,741
Assets and Liabilities:
- Total Assets: $7,945,834
- Total Liabilities: $2,076,887
- Net Assets: $5,868,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$264,506
HONORARIUM
Revenue
$19,950
CONTRACTED SERVICES
Revenue
$10,000
Organization Details
Founding Year
2015
Phone
(202) 223-8994Principal Officer
Amanda Cage
Main Address
1250 CONNECTICUT AVENUE NW 200, WASHINGTON, DC, 20036
Website
www.nationalfund.orgNTEE Category
Code: J20 - Employment
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