Overview
What is Computer Recycling Of Virginia Inc?
Computer Recycling of Virginia Inc, based in Millers Tavern, Virginia, is a nonprofit organization with a mission to refurbish and distribute used computer and peripheral equipment. Employing a team of 18 individuals, they extend their resources to 22 local public schools and 4 Virginia state colleges, contributing to the technological needs of these educational institutions. Their core activity involves refurbishing and supplying used computer equipment, further supporting nonprofit organizations that contribute positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
Computer Recycling of Virginia Inc has received a low rating from Charity Navigator, primarily due to significant deficiencies in its accountability and finance practices. The charity's overall score reflects a complete reliance on a single beacon score, with an accountability and finance score of only 36%. This indicates serious issues in governance and operational transparency.
The organization has notable weaknesses, including an entirely non-independent board and the absence of key policies such as conflict of interest and whistleblower protections. Additionally, essential documentation for board meetings and tax forms is missing from its website, signaling a lack of transparency and adherence to best practices in nonprofit governance. However, it is worth noting that the charity maintains a low liabilities-to-assets ratio of 0.80%, which suggests financial stability in terms of asset management.
While the charity does demonstrate some programmatic commitment, with 58.61% of its expenses directed towards programs, the absence of independent oversight and fundamental policies raises concerns about its operational integrity. Prospective donors and stakeholders should consider these factors when evaluating their support for Computer Recycling of Virginia Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Computer Recycling Of Virginia Inc legitimate?
Computer Recycling Of Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Computer Recycling Of Virginia 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: $122,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,140
For more financial information, click here
What is the mission statement of Computer Recycling Of Virginia Inc?
Computer Recycling of Virginia Inc's mission involves refurbishing used personal computers and peripheral equipment, subsequently supplying these resources to public school systems and nonprofit organizations that dedicate their efforts towards serving the public good. The organization's primary goal is to contribute to the betterment of educational institutions and charitable organizations by providing them with necessary technology equipment. In the past, they have successfully provided equipment to 22 local public schools and 4 Virginia state colleges.
Who is the CEO of Computer Recycling Of Virginia Inc?
Norman Van Ferguson is the Treasurer of Computer Recycling Of Virginia Inc. The CEO's salary of Computer Recycling Of Virginia Inc is $57,000 and their total compensation is $57,000.
What is the revenue of Computer Recycling Of Virginia Inc?
Computer Recycling Of Virginia Inc's revenue in 2022 was $481,814.
Who are the executives of Computer Recycling Of Virginia Inc and what are their salaries?
The average compensation at Computer Recycling Of Virginia Inc during 2022 was $17,827. There are 18 employees at Computer Recycling Of Virginia Inc.
Here are 3 key members and their salaries (Computer Recycling Of Virginia Inc's CEO's salary is $57,000 and their total compensation is $57,000):
- Compensation: $64,000
- Related: $0
- Other: $0
- Compensation: $57,000
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
Where can I find the form 990 for Computer Recycling Of Virginia Inc?
Computer Recycling Of Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Computer Recycling Of Virginia Inc
Computer Recycling of Virginia Inc is dedicated to refurbishing and supplying used personal computers and peripheral equipment to public schools and nonprofit organizations that serve the public good. The nonprofit's mission is centered around enhancing educational opportunities and supporting community-focused initiatives by refurbishing and distributing these technological resources. As a result, the organization has provided computer and peripheral equipment to 22 local public schools and 4 Virginia state colleges, contributing to the digital learning landscape and equipping these institutions with much-needed resources.
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Impact
July, 2024
Computer Recycling Of Virginia Inc's impact can be seen in the refurbished and supplied used personal computer and peripheral equipment to 22 local public schools and 4 Virginia state colleges. By providing this equipment, they have contributed to enhancing the educational resources available to students and faculty members in these institutions. Additionally, by serving nonprofit organizations that focus on the public good, they have helped these organizations operate more efficiently and effectively, thus furthering their positive impact on the community. Overall, Computer Recycling Of Virginia Inc's work has had a tangible and valuable impact on the education sector and nonprofit organizations in Virginia.
This information is meant to be a general summary of Computer Recycling Of Virginia 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: $3,917
- Gross Receipts: $1,075,081
Assets and Liabilities:
- Total Assets: $1,167,916
- Total Liabilities: $9,370
- Net Assets: $1,158,546
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Organization Details
Phone
(866) 443-0660Principal Officer
Norman Van Ferguson
Main Address
PO Box 66, Millers Tavern, VA, 23115
NTEE Category
Code: B190 - Education
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