Overview
What is The Training Source Inc?
The Training Source Inc, located in Seat Pleasant, Maryland, is a nonprofit organization dedicated to promoting economic mobility for low-to-moderate income individuals in the Maryland and Washington, DC area. Through their programs and services, they offer office and professional skills training, job placement assistance, summer youth job readiness training, a youth leadership program, and assistance with SNAP applications, as well as providing free professional clothing. Their mission encompasses workforce training, college and career planning, and community and employer services, aiming to empower and equip individuals for better job prospects and opportunities. They have a small team of 4 employees committed to their cause.
Official website here: www.thetrainingsource.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
The Training Source Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, scoring 83% in this category. The organization demonstrates strong governance with 100% of its board members being independent. Their program expense ratio is commendable at 79.33%, showing a significant commitment to their mission of providing training and support to clients.
User feedback highlights the positive impact of The Training Source, particularly its training programs that boast over a 90% success rate in helping clients secure employment. Reviews from community leaders, including the mayor, emphasize the effectiveness of their youth program, which has successfully assisted all participating students in entering college. Such testimonials reflect a strong community presence and a high level of satisfaction among constituents.
While the charity has received high marks for its financial practices and governance, there is a slight imbalance in the rating sectors, with a lower score in Culture & Community at 17%. This may suggest areas for improvement in community engagement or visibility. Nonetheless, the feedback indicates that The Training Source is effectively fulfilling its mission and making a meaningful difference in the lives of those it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about The Training Source Inc?
96% of 17 reviewers on Facebook recommend The Training Source Inc. Here is a summary of their reviews:
Many individuals appreciate the challenging environment offered by the nonprofit, indicating that it pushes them to grow and develop their skills. Reviewers mention the necessity of readiness to fully engage with the programs provided, suggesting a focus on personal and professional development.
Overall, there seems to be a strong sense of satisfaction among those who have participated in the training programs, with several affirming that the experience is enriching. The positive sentiment highlights a commitment to delivering valuable training and support to its participants.
This AI summary has been generated from reviews found on Facebook.
Is The Training Source Inc legitimate?
The Training Source Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Training Source 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: $146,752
Professional Fundraising Fees: $35,610
Other Salaries and Wages: $69,045
For more financial information, click here
Official website here: www.thetrainingsource.org
What is the mission statement of The Training Source Inc?
The Training Source Inc's mission is centered around providing education, training, and services that foster positive economic mobility. Their programs and services target low-to-moderate income youth and adults in the Maryland and Washington, D.C. areas. This encompasses workforce training, college and career planning, as well as community and employer services. Their mission aims to promote economic advancement, helping individuals secure stable careers and improve their lives. They offer various programs such as Office & Professional Skills Training, Summer Youth Job Readiness Training, and a Youth Leadership Program, along with assistance with SNAP applications and providing free professional clothing.
Official website here: www.thetrainingsource.org
Who is the CEO of The Training Source Inc?
Evelyn Kim Rhim is the Executive Director of The Training Source Inc.
Official website here: www.thetrainingsource.org
What is the revenue of The Training Source Inc?
The Training Source Inc's revenue in 2022 was $664,500.
Official website here: www.thetrainingsource.org
Who are the executives of The Training Source Inc and what are their salaries?
The average compensation at The Training Source Inc during 2022 was $53,949. There are 4 employees at The Training Source Inc.
Here are 14 key members and their salaries:
- Compensation: $127,696
- Related: $0
- Other: $12,928
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thetrainingsource.org
Where can I find the form 990 for The Training Source Inc?
The Training Source Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thetrainingsource.org
Learn more at the official website: www.thetrainingsource.org
Mission Statement of The Training Source Inc
The Training Source Inc, as a nonprofit organization, is committed to providing education, training, and services that foster positive economic mobility. Their mission, aimed at assisting low-to-moderate income youth and adults, encompasses workforce training, college and career planning, as well as community and employer services. The organization's primary goal is to empower individuals in these income brackets, equipping them with the necessary skills to improve their economic standing. Their programs and services are designed to achieve this objective, providing opportunities for personal growth and professional development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Training Source Inc's impact lies in providing education, training, and services that empower low-to-moderate income youth and adults to achieve positive economic mobility. By offering workforce training, college and career planning, community outreach, and employer services in the Maryland and Washington, DC area, The Training Source Inc plays a crucial role in supporting individuals in their journey towards economic independence. Through programs such as office and professional skills training, summer youth job readiness training, youth leadership initiatives, SNAP application assistance, and providing free professional clothing, The Training Source Inc equips individuals with the necessary tools and resources to enhance their employment prospects and overall well-being. With a focus on promoting employment opportunities, The Training Source Inc contributes to building a more prosperous and inclusive community.
This information is meant to be a general summary of The Training Source 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 2022.
- Investment Income: $27,767
- Program Service Revenue: $77,750
- Gross Receipts: $664,500
Assets and Liabilities:
- Total Assets: $2,997,890
- Total Liabilities: $105,999
- Net Assets: $2,891,891
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational services
Revenue
$77,750
Organization Details
Founding Year
1993
Principal Officer
Evelyn Kim Rhim
Main Address
59 Yost Place, Seat Pleasant, MD, 207432071
Website
www.thetrainingsource.orgNTEE Category
Code: J22 - Employment
If you are a representative of The Training Source Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.