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Net Training Institute Inc

International Center For Addiction And Recovery Education (Icare)

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593545902 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Net Training Institute Inc?

Net Training Institute Inc, based in Orlando, Florida, is a nonprofit organization deeply committed to addressing addiction issues in the wake of the ongoing challenges posed by COVID-19. With a team of 8 dedicated individuals, the organization, known as the International Center for Addiction and Recovery Education (ICARE), focuses on providing practical resources and early intervention solutions to support healthy choices during increased stress and uncertainty. ICARE refined its digital presence and marketing efforts in 2022 to introduce a new certification program in addiction awareness, with an optional module for human resource professionals. As a Center of Excellence, ICARE boasts a skilled leadership team, a shared platform, diverse approaches, relevant credentials, and best practices in workforce development through addiction prevention and recovery education. The mission of Net Training Institute Inc, or ICARE, is to expand the global network of recovery through addiction education and resources, aiming to equip individuals, families, businesses, and communities to mitigate the financial and human losses caused by addiction.


Official website here: www.netinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68% (Two-Star out of Four Star rating)

Net Training Institute Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in its operations. The organization scored 66 in Accountability & Finance and 81 in Culture & Community, reflecting a commitment to transparency and community engagement. The strong scores in conflict of interest policy and whistleblower policy demonstrate a solid governance structure.

Despite its strengths, the overall score suggests areas for improvement, particularly within the financial accountability measures. The program expense ratio is commendable at 76.48%, indicating that a significant portion of its expenses goes toward programs rather than administrative costs. However, the organization may need to enhance its financial practices to boost its overall rating and public perception.

The evaluation highlights a material diversion of assets score of 10 out of 10, which is a positive indicator of the organization's asset management. However, stakeholders may look for more robust financial strategies to ensure long-term sustainability and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Net Training Institute Inc legitimate?

Net Training Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Net Training Institute 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: $176,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,781

For more financial information, click here


Official website here: www.netinstitute.org

What is the mission statement of Net Training Institute Inc?

Net Training Institute Inc's mission is to extend the reach of addiction recovery worldwide. They aim to accomplish this by providing education and resources on addiction to individuals, families, businesses, and communities. The institute aims to mitigate the financial and human losses caused by addiction. In response to the impact of COVID-19 in 2022, ICARE, a part of Net Training Institute Inc, focused on refining its digital presence and marketing to offer a new facilitator certification program in addiction awareness. This program includes an optional module for human resource professionals, leading to multiple group training contracts. As a Center of Excellence (COE), ICARE is led by a skilled leadership team, utilizes a shared platform, employs diverse approaches and modalities, holds relevant credentials, and practices best practices in workforce development through addiction prevention and recovery education.


Official website here: www.netinstitute.org

Who is the CEO of Net Training Institute Inc?

Jean Lacour is the Vice President of Net Training Institute Inc.


Official website here: www.netinstitute.org

What is the revenue of Net Training Institute Inc?

Net Training Institute Inc's revenue in 2022 was $1,068,390.


Official website here: www.netinstitute.org

Who are the executives of Net Training Institute Inc and what are their salaries?

The average compensation at Net Training Institute Inc during 2022 was $48,456. There are 8 employees and 1 volunteer at Net Training Institute Inc.


Here are 3 key members and their salaries:


Cheryl Merriwether (Vice President)
  • Compensation: $84,976
  • Related: $0
  • Other: $0
Jean Lacour (President/Treasurer)
  • Compensation: $91,887
  • Related: $0
  • Other: $0
Joanne Early (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.netinstitute.org

Where can I find the form 990 for Net Training Institute Inc?

Net Training Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.netinstitute.org

Learn more at the official website: www.netinstitute.org

Mission Statement of Net Training Institute Inc

Net Training Institute Inc, a nonprofit organization, is devoted to extending the global safety net of recovery from addiction. Their mission is to accomplish this by offering addiction education and recovery resources. These resources aim to equip individuals, families, businesses, and communities, helping them reverse the financial and human losses caused by addiction. By doing so, Net Training Institute Inc strives to contribute to a world where addiction's impact is significantly reduced.

In pursuit of its mission, Net Training Institute Inc operates under the International Center for Addiction and Recovery Education and ICARE Workforce Solutions. In response to the challenges posed by the COVID-19 pandemic, the organization refined its digital presence and marketing strategies. This allowed it to introduce a new Facilitator Certification Program in Addiction Awareness, with an optional module for Human Resource Professionals. This initiative resulted in multiple group training contracts, furthering Net Training Institute Inc's mission to educate and empower individuals and communities in the fight against addiction.

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Impact




July, 2024

Net Training Institute Inc's impact lies in its efforts to address the staggering impact of COVID-19 by providing practical resources and early intervention solutions to support healthy choices amidst increased stress and uncertainty. Through its International Center for Addiction and Recovery Education and ICARE Workforce Solutions, the institute has focused on helping individuals, families, businesses, and communities combat the rise in alcohol and substance use among American workers. By refining its digital presence and marketing strategies, Net Training Institute Inc has promoted a new facilitator certification program in addiction awareness, resulting in multiple group training contracts. This initiative not only equips employers and employees with valuable resources but also contributes to reversing financial and human losses caused by addiction on a global scale.




This information is meant to be a general summary of Net Training Institute 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.

Revenue
$1,068,390 (2022)
Expenses
$1,026,889 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,914
  • Program Service Revenue: $1,058,806
  • Gross Receipts: $1,068,390

Assets and Liabilities:

  • Total Assets: $341,249
  • Total Liabilities: $70,988
  • Net Assets: $270,261

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & STUDENT FEES

Revenue

$1,058,806

Organization Details

Founding Year

1998

Principal Officer

Jean Lacour

Main Address

4767 NEW BROAD ST, ORLANDO, FL, 328146405

NTEE Category

Code: B80 - Education

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