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Sugar Plum Inc

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

EIN: 541330916 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Sugar Plum Inc?

Sugar Plum Inc, located at 1353 LASKIN ROAD, Virginia Beach, VA 23451, is a dedicated nonprofit organization. Its mission is to support individuals with developmental disabilities, offering them employment opportunities and comprehensive training services through its bakery program. The bakery program employs these individuals as food service and production workers, ensuring they maintain quality standards with assistance from job coaches, job specialists, and in-house staff. By doing so, Sugar Plum Inc aims to foster the integration of persons with developmental disabilities into society, helping them evolve into independent, contributing members of their communities. The organization currently employs a team of 34 individuals.


Official website here: www.sugarplumbakery.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Sugar Plum Inc. has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with an overall score of 81%. This rating indicates a commitment to transparency and effective management, which is critical for donor trust and support. The score is derived entirely from their Accountability & Finance metrics for the most recent fiscal year, FY2023.

The organization demonstrates notable strengths, including a fully independent board with 100% of members being independent. They have achieved full points in essential areas such as material diversion of assets, conflict of interest policy, and whistleblower policy. Furthermore, their program expense ratio is impressive at 89.08%, indicating that a significant portion of their funding directly supports their programs.

While the ratings suggest a solid operational foundation, it is important for potential donors to consider that the overall score is based solely on financial accountability metrics. There may be limitations regarding their impact or effectiveness in achieving their mission, which are not reflected in this specific rating. Overall, Sugar Plum Inc. appears to be a trustworthy nonprofit, but further investigation into their program outcomes may be beneficial for a comprehensive understanding.


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

Is Sugar Plum Inc legitimate?

Sugar Plum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sugar Plum 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: $120,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,156

For more financial information, click here


Official website here: www.sugarplumbakery.org

What is the mission statement of Sugar Plum Inc?

Sugar Plum Inc, a nonprofit organization, strives to cater to individuals with disabilities by offering employment opportunities, training, and education. Their mission is to facilitate the integration of these individuals into society, empowering them to become self-reliant and valuable contributors to their communities. By providing a conducive environment, Sugar Plum Inc aims to help individuals with developmental disabilities evolve into independent and productive members of society.


Official website here: www.sugarplumbakery.org

Who is the CEO of Sugar Plum Inc?

Thad Nowak is the President of Sugar Plum Inc.


Official website here: www.sugarplumbakery.org

What is the revenue of Sugar Plum Inc?

Sugar Plum Inc's revenue in 2023 was $1,166,479.


Official website here: www.sugarplumbakery.org

Who are the executives of Sugar Plum Inc and what are their salaries?

The average compensation at Sugar Plum Inc during 2023 was $20,011. There are 34 employees and 14 volunteers at Sugar Plum Inc.


Here are 6 key members and their salaries:


Patricia Clark (Executive Di)
  • Compensation: $120,231
  • Related: $0
  • Other: $0
Mike Disharoon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gustafson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Malbon (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thad Nowak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rivas (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sugarplumbakery.org

Where can I find the form 990 for Sugar Plum Inc?

Sugar Plum Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sugarplumbakery.org

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

Mission Statement of Sugar Plum Inc

Sugar Plum Bakery, Inc., a nonprofit organization, is committed to serving the needs of individuals with disabilities. Its mission is multifaceted, encompassing employment, training, and education. The organization aims to promote the integration of individuals with developmental disabilities into society, helping them become independent and evolve into valuable contributing members of their communities. By providing employment opportunities, Sugar Plum Inc. enables these individuals to gain work experience, build skills, and boost their confidence. Through training and education, the nonprofit organization equips them with the necessary tools to become self-sufficient and participate fully in society. In essence, Sugar Plum Bakery, Inc. is dedicated to fostering the inclusion and empowerment of individuals with disabilities, enabling them to lead independent, fulfilling lives as active members of their communities.

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Impact




July, 2024

Sugar Plum Inc's impact is evident in its dedication to serving individuals with disabilities through employment, training, and education opportunities. The organization's Bakery Program stands out as a crucial initiative that provides employment opportunities and training services to individuals with developmental disabilities. By offering these individuals roles as food service and production workers within the bakery, Sugar Plum Inc is not only creating jobs but also fostering a sense of independence and integration within society. With the support of job coaches, job specialists, and bakery staff, these individuals can enhance their skills and maintain quality standards while contributing to their communities. Through its mission to promote the integration of persons with developmental disabilities, Sugar Plum Inc is truly making a difference by helping these individuals evolve into working, contributing members of society.




This information is meant to be a general summary of Sugar Plum 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
$1,166,479 (2023)
2011201220132014201520162017201820192020202120222023$0$450k$900k$1.35M$1.8M
Expenses
$1,103,494 (2023)
2011201220132014201520162017201820192020202120222023$0$300k$600k$900k$1.2M
Efficiency
20112012201320142015201620172018201920202021202220230%20%40%60%81%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$11,452
  • Gross Receipts: $1,426,616

Assets and Liabilities:

  • Total Assets: $5,079,396
  • Total Liabilities: $700,163
  • Net Assets: $4,379,233

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Organization Details

Founding Year

1986

Principal Officer

Thad Nowak

Main Address

1353 LASKIN ROAD, VIRGINIA BEACH, VA, 23451

NTEE Category

Code: J30Z - Employment

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