Overview
What is Floyd Training & Service Center Inc?
Floyd Training & Service Center Inc, located in Rome, Georgia, is a dedicated nonprofit organization that specializes in the care and training of individuals with mental disabilities. They offer comprehensive services, providing training for an average of 62 adults each month. Additionally, they offer on-the-job training opportunities for 3 adults, ensuring they work a minimum of 20 hours per month within the community and 4 adults who commit to working at least 80 hours per month. The center's mission is deeply rooted in its commitment to fostering a supportive environment for the mentally disabled, promoting their growth and integration into the community. With a team of 27 employees, Floyd Training & Service Center Inc plays an essential role in enriching the lives of those it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Floyd Training & Service Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is based solely on its Accountability & Finance metrics, indicating strong financial practices and governance within the organization. The high score underscores the charity's commitment to transparency and responsible management of its resources.
The organization excels in several key areas, notably having a fully independent board of directors and a low liabilities to assets ratio of 5.68%. Additionally, it has a commendable program expense ratio of 83.30%, showing that a significant portion of its expenses directly supports its programs. The charity also meets all necessary criteria for documenting board meeting minutes and has no reported material diversion of assets, further enhancing its credibility.
While the charity's rating is commendable, it is important for potential donors or supporters to consider that the overall score is based entirely on financial accountability. There may be other aspects, such as program impact or community engagement, that are not reflected in this score alone. Nonetheless, the strong financial practices suggest a well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Floyd Training & Service Center Inc legitimate?
Floyd Training & Service Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floyd Training & Service Center 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: $70,479
Professional Fundraising Fees: $0
Other Salaries and Wages: $592,562
For more financial information, click here
What is the mission statement of Floyd Training & Service Center Inc?
Floyd Training & Service Center Inc is committed to providing a caring and educational environment for individuals with mental disabilities. Their mission encompasses both training and service, catering to an average of 62 adults each month. Beyond this, they offer on-the-job training, providing opportunities for three individuals to work at least 20 hours per month in the community. Additionally, four individuals receive intensive training, working at least 80 hours per month. This center aims to empower and equip these individuals, enabling them to integrate into their communities effectively.
Who is the CEO of Floyd Training & Service Center Inc?
Richard Hammond is the Principal Officer of Floyd Training & Service Center Inc.
What is the revenue of Floyd Training & Service Center Inc?
Floyd Training & Service Center Inc's revenue in 2023 was $1,365,956.
Who are the executives of Floyd Training & Service Center Inc and what are their salaries?
The average compensation at Floyd Training & Service Center Inc during 2023 was $24,557. There are 27 employees at Floyd Training & Service Center Inc.
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- Compensation: $20,759
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- Compensation: $49,719
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Where can I find the form 990 for Floyd Training & Service Center Inc?
Floyd Training & Service Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Floyd Training & Service Center Inc
Floyd Training & Service Center Inc is dedicated to providing a nurturing environment and training opportunities for individuals with mental disabilities. Its mission can be summarized as a commitment to caring for and educating these individuals, aiming to equip them with the skills necessary for community integration. The center offers regular training sessions to a monthly average of 62 adults, providing them with essential life skills. Furthermore, the center extends its support beyond the classroom by offering on-the-job training to three adults who work at least 20 hours per month in the community. Additionally, four individuals receive intensive training, working at least 80 hours per month. This comprehensive approach to training and community integration allows Floyd Training & Service Center Inc to make a significant impact in the lives of those it serves.
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Impact
July, 2024
Floyd Training & Service Center Inc's impact lies in its dedication to providing a supportive environment for the training and care of mentally disabled adults in Rome, GA. Through its programs, an average of 62 adults receive valuable training and services each month. Additionally, the organization facilitates on-the-job training for 7 adults, enabling them to work in the community and gain meaningful employment opportunities. This emphasis on employment not only benefits the individuals directly involved but also contributes positively to the community by fostering inclusivity and empowerment.
This information is meant to be a general summary of Floyd Training & Service Center 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 2023.
- Investment Income: $1,027
- Program Service Revenue: $24,938
- Gross Receipts: $1,365,956
Assets and Liabilities:
- Total Assets: $592,591
- Total Liabilities: $33,681
- Net Assets: $558,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORK ACTIVITIES
Revenue
$24,938
Organization Details
Founding Year
1972
Phone
(706) 235-5109Principal Officer
Richard Hammond
Main Address
1201 MAPLE STREET PO BOX 262, ROME, GA, 30161
NTEE Category
Code: J30Z - Employment
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