Overview
What is Whatever It Takes To Get Back Into(Wit Inc)?
Whatever It Takes To Get Back Into (Wit Inc) is a nonprofit employment or job training program based in Memphis, Tennessee. The primary mission of Wit Inc is to provide a second chance for those who have faced setbacks, focusing on preparation after failure. With a strong commitment to helping individuals regain their footing, Wit Inc offers a comprehensive range of services tailored to aid job seekers in their journey towards employment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Wit Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in its overall operations and financial management. The accountability and finance score stands at 72%, which reflects a solid performance in several key areas, including having a fully independent board and no material diversion of assets. They also have strong policies in place for conflict of interest and document retention.
Despite these strengths, one significant concern is the high liabilities to assets ratio of 620.45%, which suggests potential financial instability. While the organization excels in program expenses, with 90.66% directed towards its initiatives, the overall financial health indicated by the liabilities raises questions about sustainability. Stakeholders may want to monitor these financial ratios closely as they reflect the organization's capacity to maintain its operations and fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Whatever It Takes To Get Back Into(Wit Inc) legitimate?
Whatever It Takes To Get Back Into(Wit Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whatever It Takes To Get Back Into(Wit 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: $0
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Other Salaries and Wages: $372,489
For more financial information, click here
What is the mission statement of Whatever It Takes To Get Back Into(Wit Inc)?
Whatever It Takes To Get Back Into, an employment or job training program, focuses on providing preparation for individuals who have experienced failure. The program's mission is to assist individuals in overcoming setbacks and getting back into the workforce. It is designed to help participants regain their footing and rejoin the job market with renewed determination and skills. The program offers various resources and training opportunities to help individuals rebuild their careers and achieve their employment goals.
Who is the CEO of Whatever It Takes To Get Back Into(Wit Inc)?
Karen Wade is the Board Member of Whatever It Takes To Get Back Into(Wit Inc).
What is the revenue of Whatever It Takes To Get Back Into(Wit Inc)?
Whatever It Takes To Get Back Into(Wit Inc)'s revenue in 2022 was $737,157.
Who are the executives of Whatever It Takes To Get Back Into(Wit Inc) and what are their salaries?
The average compensation at Whatever It Takes To Get Back Into(Wit Inc) during 2022 was $31,041. There are 12 employees at Whatever It Takes To Get Back Into(Wit Inc).
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Where can I find the form 990 for Whatever It Takes To Get Back Into(Wit Inc)?
Whatever It Takes To Get Back Into(Wit Inc)'s most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Whatever It Takes To Get Back Into(Wit Inc)
Whatever It Takes To Get Back Into (Wit Inc), an employment or job training program, is dedicated in Memphis, Tennessee, to the mission of 'Preparation after Failure'. This nonprofit organization seeks to empower individuals who have faced setbacks in their employment journey, offering them a second chance to rebuild their careers. Wit Inc's efforts are geared toward providing the necessary training, resources, and support to help individuals get back on their feet and regain their place in the workforce.
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Impact
June, 2024
Whatever It Takes To Get Back Into (Wit Inc) has a significant impact on the community by providing vital employment and job training services to individuals in Memphis, TN who are looking to overcome setbacks and failures. Through their mission of preparation after failure, Wit Inc helps individuals rebuild their lives, regain confidence, and acquire the skills needed to re-enter the workforce. This not only contributes to the economic empowerment of individuals but also positively impacts their mental health and overall well-being.
This information is meant to be a general summary of Whatever It Takes To Get Back Into(Wit 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.
- Gross Receipts: $737,157
Assets and Liabilities:
- Total Assets: $144,029
- Total Liabilities: $195,351
- Net Assets: -$51,322
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Organization Details
Founding Year
1995
Phone
(901) 274-7595Principal Officer
Karen Wade
Main Address
1141 Vance Avenue, Memphis, TN, 38104
NTEE Category
Code: F200 - Mental health
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