Overview
What is Workable Industries Inc?
Workable Industries Inc, situated in Stonewood, West Virginia, is a nonprofit organization with a mission to empower individuals with disabilities. They provide comprehensive employment training and activities, fostering their growth and integration into the workforce. Based at 9372 Cost Avenue, this organization is committed to enhancing the skills and employability of individuals with disabilities through tailored programs and activities.
Official website here: www.workablewv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Workable Industries Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived entirely from its accountability and finance metrics, where the organization scored 77%. This suggests a reliable management of resources but indicates there may be areas for improvement.
The nonprofit has demonstrated strong governance, with an entirely independent board consisting of seven members, and it maintains a clean record with no material diversion of assets. The organization effectively reports its website on tax forms and has established key policies like conflict of interest and document retention. However, it lacks a whistleblower policy, which is a notable gap in its governance framework.
Financially, Workable Industries Inc shows commendable efficiency with a program expense ratio of 86.14%, indicating a high percentage of funds directed towards its programs. Its low liabilities to assets ratio of 3.16% also highlights a strong financial standing. Overall, while the organization showcases many strengths, addressing the absence of a whistleblower policy could enhance its accountability profile further.
This AI summary has been generated from information found on Charity Navigator.
Is Workable Industries Inc legitimate?
Workable Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workable 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: $32,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,006
For more financial information, click here
Official website here: www.workablewv.org
What is the mission statement of Workable Industries Inc?
Workable Industries Inc is committed to providing employment training and activities for individuals with disabilities. Their mission is to empower these individuals by offering them opportunities to showcase their skills and talents through the creation of products and services. The company also focuses on work activities programming, aiming to enhance their employability and independence. By offering these services, Workable Industries Inc contributes to the integration and inclusion of people with disabilities in the workforce.
Official website here: www.workablewv.org
Who is the CEO of Workable Industries Inc?
Greg Morris is the Executive Director of Workable Industries Inc.
Official website here: www.workablewv.org
What is the revenue of Workable Industries Inc?
Workable Industries Inc's revenue in 2022 was $1,390,801.
Official website here: www.workablewv.org
Who are the executives of Workable Industries Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.workablewv.org
Where can I find the form 990 for Workable Industries Inc?
Workable Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.workablewv.org
Learn more at the official website: www.workablewv.org
Mission Statement of Workable Industries Inc
Workable Industries Inc, as a nonprofit organization, is committed to providing employment training and activities for individuals with disabilities. Their mission is to empower these individuals by offering them opportunities to create products and engage in work activities. This mission is achieved through meticulously designed programs that cater to the unique skills and abilities of each participant, thereby encouraging their integration into the workforce. By engaging in these activities, individuals with disabilities not only gain valuable employment skills but also contribute to the production of goods and services. Workable Industries Inc's mission is instrumental in fostering a more inclusive and equitable employment landscape.
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Impact
July, 2024
Workable Industries Inc's impact can be seen through the meaningful ways in which they provide employment training and activities for persons with disabilities. By offering products and services created by individuals with disabilities and implementing work activities programming, Workable Industries Inc is playing a vital role in empowering this community. Their mission to provide employment training and activities for persons with disabilities speaks to their commitment to creating opportunities for those who may face barriers in traditional work settings. Through their focus on "Employment," Workable Industries Inc is making a significant difference in the lives of individuals with disabilities by promoting inclusion and enabling them to contribute to the workforce.
This information is meant to be a general summary of Workable 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 2022.
- Investment Income: $3,488
- Program Service Revenue: $1,230,666
- Gross Receipts: $1,401,285
Assets and Liabilities:
- Total Assets: $1,410,298
- Total Liabilities: $44,594
- Net Assets: $1,365,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$1,093,885
MEDICAID WAIVER
Revenue
$126,609
OTHER (RESCARE) FEES
Revenue
$10,172
Organization Details
Founding Year
1969
Phone
(304) 623-3757Principal Officer
Greg Morris
Main Address
9372 COST AVENUE, STONEWOOD, WV, 26301
Website
www.workablewv.orgNTEE Category
Code: J33Z - Employment
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