Overview
What is Cobbworks Inc?
Cobbworks Inc, located in Marietta, Georgia, is a nonprofit organization dedicated to fostering employment and educational prospects that enhance the local workforce and economic development. Their primary mission involves providing various services to both businesses and job-seekers. One of their key programs is an adult education initiative, which assists community members in acquiring their General Education Development (GED) certificates and improving their basic skills in reading, writing, mathematics, and English. This program also offers digital literacy programs through Microsoft Training and one-on-one computer tutoring, teaching Microsoft Word, PowerPoint, and Excel. Cobbworks Inc also works to rally community resources to support adult literacy training in Cobb County. The organization's total workforce consists of 35 employees.
Official website here: www.cobbworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Cobbworks Inc has garnered a three-star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's overall score is derived entirely from its accountability and finance metrics, where it scored 77%. This suggests that while the organization demonstrates good practices, there is room for improvement to achieve a higher rating.
The organization excels in several areas, such as having a completely independent board and robust financial practices, with a program expense ratio of 90.76%. This indicates that a significant portion of its resources are directed towards its programs rather than administrative costs. Additionally, Cobbworks has implemented essential policies related to conflict of interest, whistleblowing, and document management, which enhances its governance framework.
However, the liabilities to assets ratio at 60.07% suggests that while the organization manages its obligations, it could potentially face challenges related to debt. Overall, Cobbworks Inc shows a commitment to transparency and effective resource management, but stakeholders may want to monitor its financial stability moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Cobbworks Inc legitimate?
Cobbworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cobbworks 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: $128,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,325,932
For more financial information, click here
Official website here: www.cobbworks.org
What is the mission statement of Cobbworks Inc?
Cobbworks Inc's mission is centered around promoting employment and educational opportunities that enhance the workforce and stimulate economic development within the community. They achieve this goal through various services tailored to both businesses and job-seekers. One of their initiatives is an adult program that assists community members in obtaining their General Education Development (GED) and enhancing their skills in reading, writing, computational abilities, and English usage. Cobbworks Inc also works to unite community resources to boost and support adult literacy training. Additionally, they offer digital literacy programs through Microsoft Training and one-on-one computer tutoring, which covers Microsoft Word, PowerPoint, and Excel programs.
Official website here: www.cobbworks.org
Who is the CEO of Cobbworks Inc?
Sonya Grant is the President/Ceo of Cobbworks Inc. The CEO's salary of Cobbworks Inc is $117,230 and their total compensation is $132,030.
Official website here: www.cobbworks.org
What is the revenue of Cobbworks Inc?
Cobbworks Inc's revenue in 2022 was $5,229,841.
Official website here: www.cobbworks.org
Who are the executives of Cobbworks Inc and what are their salaries?
The average compensation at Cobbworks Inc during 2022 was $41,556. There are 35 employees and 6 volunteers at Cobbworks Inc.
Here are 7 key members and their salaries (Cobbworks Inc's CEO's salary is $117,230 and their total compensation is $132,030):
- Compensation: $117,230
- Related: $0
- Other: $14,800
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cobbworks.org
Where can I find the form 990 for Cobbworks Inc?
Cobbworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cobbworks.org
Learn more at the official website: www.cobbworks.org
Mission Statement of Cobbworks Inc
Cobbworks Inc, a nonprofit organization, is dedicated to promoting employment and education opportunities that enhance the workforce and foster economic development within the community. Their mission is to bring together various services for businesses and job-seekers, with the ultimate goal of strengthening the local workforce and economy.
Specifically, Cobbworks Inc focuses on providing resources for adult community members. Through their Adult Program, they assist individuals in obtaining their General Education Development (GED) and improving their skills in reading, writing, computing, and using the English language. The organization also offers digital literacy programs, including Microsoft training and one-on-one computer tutoring, teaching skills in Microsoft Word, PowerPoint, and Excel. By bringing together community resources and supporting adult literacy training in Cobb County, Cobbworks Inc is committed to improving literacy among its residents.
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Impact
July, 2024
Cobbworks Inc plays a crucial role in promoting employment and education opportunities that strengthen the workforce and economic development in its community of Marietta, Georgia. Through a variety of services offered to businesses and job-seekers, the organization significantly impacts the lives of adult community members by assisting them in obtaining their General Education Development (GED) and enhancing their skills in reading, writing, computing, and English usage.
One of the key programs offered by Cobbworks Inc is the Adult Program, which focuses on adult literacy training and digital literacy. By bringing together community resources and offering training in Microsoft programs like Word, PowerPoint, and Excel, the organization equips individuals with the necessary skills to succeed in the modern job market. This not only enhances the employability of participants but also contributes to the overall economic development of Cobb County.
In essence, Cobbworks Inc's impact can be seen in the transformation of individuals who are empowered with education and job skills, leading to a stronger, more competitive workforce in the community.
This information is meant to be a general summary of Cobbworks 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: $78
- Program Service Revenue: $668
- Gross Receipts: $5,245,930
Assets and Liabilities:
- Total Assets: $1,356,987
- Total Liabilities: $992,826
- Net Assets: $364,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$668
Organization Details
Founding Year
2001
Phone
(770) 528-4300Principal Officer
Sonya Grant
Main Address
463 COMMERCE PARK DRIVE 100, MARIETTA, GA, 30060
Website
www.cobbworks.orgNTEE Category
Code: J22 - Employment
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