Overview
What is Employment Resources Inc?
Employment Resources Inc, located in Fredericksburg, Virginia, is a nonprofit organization that focuses on the education and employment development of disadvantaged youth. The primary facility, known as the STAR Center, serves as an alternative educational program for students from local municipalities who are struggling academically or lack necessary social skills. Approximately 90 students benefit from this program each year, with the majority being placed due to academic deficiencies or social skill challenges. The mission of Employment Resources Inc is to empower these youth by providing them with the necessary skills to become self-sufficient, gain employment, and contribute positively to their communities. With a dedicated workforce of 48 individuals, the organization aims to make a significant impact in the lives of these students.
Official website here: www.eri-va.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Employment Resources Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The rating is based entirely on a high score in the Accountability & Finance category, indicating that the organization demonstrates effective governance and financial health.
Key strengths include a fully independent board with 90% of its members meeting this criterion, robust financial audits, and no reported material diversion of assets. The organization also adheres to best practices in governance by maintaining a conflict of interest policy, a whistleblower policy, and thorough documentation of board meetings.
While the organization excels in its financial management and governance practices, a review of program expense ratios shows that 78.41% of its expenses are dedicated to its programs, which is a positive indicator of its operational focus. Overall, Employment Resources Inc stands out for its transparency and responsible management, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Employment Resources Inc legitimate?
Employment Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Employment Resources 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: $434,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,870,601
For more financial information, click here
Official website here: www.eri-va.org
What is the mission statement of Employment Resources Inc?
Employment Resources Inc, as an organization, is dedicated to providing alternative education opportunities for disadvantaged youth from surrounding municipalities. Their mission is to equip these young individuals with the necessary skills to become self-sufficient, employed, and valuable contributors to their communities. This is achieved through the Star Center, an educational program designed for middle and high school students who are not thriving in the public school setting due to academic challenges or lack of social skills. The company serves approximately 90 students annually, aiming to help them overcome their barriers and reach their full potential.
Official website here: www.eri-va.org
Who is the CEO of Employment Resources Inc?
Marbury A Fagan Ii is the Director, Chairman of Employment Resources Inc.
Official website here: www.eri-va.org
What is the revenue of Employment Resources Inc?
Employment Resources Inc's revenue in 2022 was $3,260,253.
Official website here: www.eri-va.org
Who are the executives of Employment Resources Inc and what are their salaries?
The average compensation at Employment Resources Inc during 2022 was $48,014. There are 48 employees and 10 volunteers at Employment Resources Inc.
Here are 9 key members and their salaries:
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- Compensation: $160,820
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- Compensation: $117,727
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- Compensation: $111,971
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Official website here: www.eri-va.org
Where can I find the form 990 for Employment Resources Inc?
Employment Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eri-va.org
Learn more at the official website: www.eri-va.org
Mission Statement of Employment Resources Inc
Employment Resources Inc, a nonprofit organization, is devoted to assisting disadvantaged youth from surrounding municipalities. Their mission is to provide these young individuals with alternative education, equipping them with the necessary skills to become employed, self-sufficient, and valuable contributors to their communities.
At the heart of Employment Resources Inc's activities is the STAR Center, an alternative educational program tailored for disadvantaged middle and high school students. These students often struggle to meet their academic potential or lack the social skills needed to thrive in a traditional public school setting. The organization takes in approximately 90 students annually, with the majority of them being behind grade level or lacking suitable social skills. Employment Resources Inc's instructors aim to bridge these gaps, helping these youth regain their footing and prepare for a successful future.
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Impact
July, 2024
Employment Resources Inc's impact can be seen through their STAR Center program, which provides alternative education to disadvantaged youth in Fredericksburg, VA. By giving these students the skills they need to become successfully employed, self-sufficient, and contributing members of their communities, the organization is helping to break the cycle of poverty and provide opportunities for a brighter future. With a focus on middle and high school students who are not achieving their potential, Employment Resources Inc instructs approximately 90 students per year, making a direct and significant impact on the lives of these individuals and the community as a whole.
This information is meant to be a general summary of Employment Resources 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: $216
- Program Service Revenue: $3,174,962
- Gross Receipts: $3,283,334
Assets and Liabilities:
- Total Assets: $8,098,852
- Total Liabilities: $3,406,649
- Net Assets: $4,692,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT FEES AND CO
Revenue
$3,174,962
Organization Details
Founding Year
1992
Phone
(540) 372-6710Principal Officer
Marbury A Fagan Ii
Main Address
P O BOX 801 404 WILLIS STREET, FREDERICKSBURG, VA, 22404
Website
www.eri-va.orgNTEE Category
Code: J200 - Employment
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