Overview
What is The Printing Industry Of The Carolinas Foundation?
The Printing Industry of the Carolinas Foundation is a nonprofit organization situated in Charlotte, North Carolina. Their primary mission is to support education within the printing industry, providing financial aid to deserving individuals aiming to pursue careers in this field. Through this initiative, they aim to attract talented students and contribute to the growth and development of the printing trade. Their activities involve offering financial assistance to individuals seeking education in this sector.
Official website here: www.picanet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. This rating indicates significant concerns regarding the organization's accountability and financial practices. While the foundation received full marks for its independent board composition and material diversion of assets, there are notable shortcomings in its governance policies, which have impacted its overall score.
Strengths of The Printing Industry Of The Carolinas Foundation include a fully independent board and effective asset management, demonstrating a solid foundation in certain operational aspects. However, the organization has been flagged for a lack of essential governance policies, including conflict of interest and whistleblower protections, which are critical for ensuring transparency and accountability.
The limited program expense ratio also raises concerns about the allocation of resources towards direct programmatic efforts, which may hinder the organization's effectiveness in achieving its mission. Overall, while there are positive elements in the foundation's governance, significant areas need improvement to foster trust and enhance operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is The Printing Industry Of The Carolinas Foundation legitimate?
The Printing Industry Of The Carolinas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Printing Industry Of The Carolinas Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.picanet.org
What is the mission statement of The Printing Industry Of The Carolinas Foundation?
The Printing Industry Of The Carolinas Foundation's mission is to encourage and aid deserving individuals, primarily focusing on furthering their education in the printing trade or industry. The foundation achieves this objective by providing financial assistance and other forms of support. Through donations to educational institutions, the foundation works towards enhancing teaching, fostering research, and attracting talented students interested in pursuing careers in the printing industry.
Official website here: www.picanet.org
Who is the CEO of The Printing Industry Of The Carolinas Foundation?
Barry Long is the President of The Printing Industry Of The Carolinas Foundation.
Official website here: www.picanet.org
What is the revenue of The Printing Industry Of The Carolinas Foundation?
The Printing Industry Of The Carolinas Foundation's revenue in 2023 was $108,002.
Official website here: www.picanet.org
Who are the executives of The Printing Industry Of The Carolinas Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.picanet.org
Where can I find the form 990 for The Printing Industry Of The Carolinas Foundation?
The Printing Industry Of The Carolinas Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.picanet.org
Learn more at the official website: www.picanet.org
Mission Statement of The Printing Industry Of The Carolinas Foundation
The Printing Industry of the Carolinas Foundation is committed to inspiring and aiding worthy individuals primarily pursuing careers in the printing trade or industry. Their mission is accomplished through financial assistance and various other means. This nonprofit organization aims to support educational institutions, contributing to teaching, research, and attracting talented students interested in careers within the printing sector. By providing financial assistance, they contribute to the growth and development of the printing industry, ensuring that it remains a vibrant and impactful part of the community.
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Impact
October, 2024
The Printing Industry of the Carolinas Foundation significantly impacts the local economy and workforce development by promoting education and skills training in the printing trade. By providing financial assistance to individuals pursuing careers in this industry, the foundation helps to cultivate a skilled workforce equipped to meet the demands of the printing sector.
Through donations to educational institutions, the foundation supports teaching and research initiatives, enhancing the curriculum and resources available to students. This investment not only attracts talented individuals to the field but also fosters innovation and growth within the industry.
In addition to individual support, the foundation plays a vital role in community improvement by ensuring that the printing industry remains a viable and dynamic career path. As a result, it contributes to economic stability and job creation in the Charlotte area and beyond, ultimately benefiting the broader community.
This information is meant to be a general summary of The Printing Industry Of The Carolinas Foundation. 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: $76,614
- Gross Receipts: $316,054
Assets and Liabilities:
- Total Assets: $1,700,194
- Total Liabilities: $0
- Net Assets: $1,700,194
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Organization Details
Founding Year
1962
Principal Officer
Barry Long
Main Address
PO Box 19488, Charlotte, NC, 28219
Website
www.picanet.orgNTEE Category
Code: S41Z - Community improvement
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