Overview
What is Lynchburg Sheltered Industries Inc?
Lynchburg Sheltered Industries Inc, located in Lynchburg, Virginia, serves as a nonprofit organization with a mission to support individuals with disabilities or disadvantages. Their primary goal is to promote greater independence and self-esteem among these individuals by offering vocational training and employment opportunities. By providing remunerative employment training, the organization offers a platform for individuals to hone their skills and gain self-sufficiency. With a dedicated workforce of 61 employees, Lynchburg Sheltered Industries Inc strives to make a positive impact in the community, empowering individuals to reach their full potential.
Official website here: www.achievecentralva.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Lynchburg Sheltered Industries Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. With a score of 96%, the organization excels in several key areas, including having an entirely independent board and maintaining transparency through a variety of policies and oversight measures.
The financial health of Lynchburg Sheltered Industries is solid, as evidenced by its low liabilities to assets ratio of 4.46% and a high program expense ratio of 82.60%. These figures suggest that the majority of its resources are directed towards its programs rather than administrative expenses, indicating effective use of funds for its mission.
While the organization demonstrates significant strengths in governance and financial management, no specific limitations were noted in the available data. Overall, Lynchburg Sheltered Industries Inc appears to be a well-managed nonprofit that prioritizes accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lynchburg Sheltered Industries Inc legitimate?
Lynchburg Sheltered Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynchburg Sheltered Industries 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: $126,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,112
For more financial information, click here
Official website here: www.achievecentralva.com
What is the mission statement of Lynchburg Sheltered Industries Inc?
Lynchburg Sheltered Industries Inc's mission is centered around assisting individuals with disabilities or disadvantages. This organization strives to enhance their independence and self-esteem by providing them with vocational training and employment opportunities. By doing so, Lynchburg Sheltered Industries Inc aims to empower these individuals and contribute to their personal growth. Their activities primarily focus on offering remunerative employment training for handicapped individuals, thereby fostering their ability to earn a living and lead more independent lives.
Official website here: www.achievecentralva.com
Who is the CEO of Lynchburg Sheltered Industries Inc?
Cecil Kendrick is the Past Chairperson of Lynchburg Sheltered Industries Inc.
Official website here: www.achievecentralva.com
What is the revenue of Lynchburg Sheltered Industries Inc?
Lynchburg Sheltered Industries Inc's revenue in 2023 was $1,349,880.
Official website here: www.achievecentralva.com
Who are the executives of Lynchburg Sheltered Industries Inc and what are their salaries?
The average compensation at Lynchburg Sheltered Industries Inc during 2023 was $11,613. There are 61 employees at Lynchburg Sheltered Industries Inc.
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- Compensation: $107,034
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- Other: $19,273
Official website here: www.achievecentralva.com
Where can I find the form 990 for Lynchburg Sheltered Industries Inc?
Lynchburg Sheltered Industries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.achievecentralva.com
Learn more at the official website: www.achievecentralva.com
Mission Statement of Lynchburg Sheltered Industries Inc
Lynchburg Sheltered Industries Inc operates with a mission to assist individuals with disabilities or disadvantages in achieving greater independence and self-esteem. They accomplish this by providing vocational training and employment opportunities. By offering remunerative employment training, this nonprofit organization empowers handicapped individuals to enhance their skills and confidence, ultimately leading to increased self-sufficiency.
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Impact
July, 2024
Lynchburg Sheltered Industries Inc has a significant impact on the community by providing remunerative employment training for handicapped individuals. Through their vocational training and employment opportunities, they help people with disabilities or disadvantages achieve greater independence and self-esteem. This not only benefits the individuals directly involved but also contributes to a more inclusive and supportive society.
This information is meant to be a general summary of Lynchburg Sheltered Industries 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 2023.
- Investment Income: $6,097
- Program Service Revenue: $782,263
- Gross Receipts: $3,129,126
Assets and Liabilities:
- Total Assets: $2,160,835
- Total Liabilities: $96,473
- Net Assets: $2,064,362
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAY SUPPORT SERVICES
Revenue
$782,263
Organization Details
Founding Year
1963
Phone
(434) 847-4488Principal Officer
Cecil Kendrick
Main Address
PO BOX 10905, LYNCHBURG, VA, 24506
Website
www.achievecentralva.comNTEE Category
Code: J33Z - Employment
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