Overview
What is Enact Inc?
Enact Inc, situated in Charleston, West Virginia, serves as a Community Action Agency for Boone, Clay, Fayette, Kanawha, and Putnam Counties. Their primary mission is to combat poverty by empowering disadvantaged individuals to improve their circumstances and achieve self-sufficiency. They achieve this goal through education, employment, and the strategic utilization of other available resources. As a nonprofit organization, Enact Inc operates with 15 dedicated employees, working tirelessly to uplift their community.
Official website here: www.enactwv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Enact Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 81%, which is derived from its accountability and finance metrics. This score indicates a strong emphasis on financial health and transparency, which is essential for donor trust and organizational sustainability. The organization notably achieved high marks in all evaluated areas, indicating a robust governance structure and adherence to best practices.
One of the key strengths of Enact Inc is its fully independent board, which consists of ten members, demonstrating a commitment to impartial oversight. Furthermore, the organization has implemented comprehensive financial practices, including a fully audited financial statement, which contributes to a high program expense ratio of 91.70%. This suggests that a significant portion of its resources is directed towards its programs rather than administrative costs.
While the organization's rating is commendable, there is always room for growth. Although the data paints a positive picture, continued transparency and engagement with stakeholders will be crucial for maintaining and improving its rating. Enact Inc appears to be on a solid path, yet ongoing evaluations and community feedback can help identify areas for enhancement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Enact Inc?
86% of the 12 reviewers on Facebook recommend Enact Inc. Here is a summary of their reviews:
The organization is praised for its positive impact on the community, with users highlighting the helpfulness and effectiveness of its programs. Many reviewers express satisfaction with the services provided, indicating that the nonprofit consistently meets the needs of those it serves. Overall, Enact Inc. is seen as a valuable resource, making significant contributions to the community it supports.
This AI summary has been generated from reviews found on Facebook.
Is Enact Inc legitimate?
Enact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enact 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $461,300
For more financial information, click here
Official website here: www.enactwv.org
What is the mission statement of Enact Inc?
Enact Inc's mission is focused on alleviating poverty by aiding the disadvantaged. They aim to help individuals improve their circumstances and achieve self-sufficiency. This is achieved through various means such as education, employment, and utilizing other resources. Their goal is to identify and address the root causes of poverty, striving to empower individuals to uplift their lives.
In essence, Enact Inc is committed to promoting actions that can alleviate poverty and enable the disadvantaged to become self-sufficient. They do this by offering educational opportunities, facilitating employment, and utilizing other resources to support their cause. Their mission is geared towards improving the lives of those in need, ultimately aiming to eradicate poverty.
Official website here: www.enactwv.org
Who is the CEO of Enact Inc?
Carl Olian is the Ceo of Enact Inc. The CEO's salary of Enact Inc is $100,000 and their total compensation is $105,000.
Official website here: www.enactwv.org
What is the revenue of Enact Inc?
Enact Inc's revenue in 2022 was $2,311,544.
Official website here: www.enactwv.org
Who are the executives of Enact Inc and what are their salaries?
The average compensation at Enact Inc during 2022 was $37,420. There are 15 employees at Enact Inc.
Here are 9 key members and their salaries (Enact Inc's CEO's salary is $100,000 and their total compensation is $105,000):
- Compensation: $100,000
- Related: $0
- Other: $5,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.enactwv.org
Where can I find the form 990 for Enact Inc?
Enact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.enactwv.org
Learn more at the official website: www.enactwv.org
Mission Statement of Enact Inc
Enact Inc, a nonprofit organization, is committed to alleviating poverty by promoting actions that assist the disadvantaged in elevating their circumstances and achieving self-sufficiency. They accomplish this through various means, such as education, employment, and the utilization of other resources. The organization's mission is to identify and address the root causes of poverty, playing a significant role in uplifting individuals and communities in their endeavor towards self-reliance. Enact Inc serves as a community action agency under the designation of the Governor's Office of Community Advancement and Development, operating in Boone, Clay, Fayette, Kanawha, and Putnam Counties in West Virginia.
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Impact
July, 2024
Enact Inc's impact is significant in promoting actions that alleviate the causes of poverty by assisting the disadvantaged in lifting their circumstances and themselves to self-sufficiency through education, employment, and utilization of other resources. They specifically focus on identifying and addressing the causes of poverty in Boone, Clay, Fayette, Kanawha, and Putnam counties in West Virginia. Enact Inc serves as the community action agency under designation by the Governor's Office of Community Advancement and Development in Charleston, WV. Their mission is to empower individuals to become self-sufficient through various human services tailored to address the root issues of poverty.
This information is meant to be a general summary of Enact 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: $7,000
- Gross Receipts: $2,311,544
Assets and Liabilities:
- Total Assets: $214,596
- Total Liabilities: $272,597
- Net Assets: -$58,001
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Organization Details
Founding Year
2007
Phone
(304) 414-4475Principal Officer
Carl Olian
Main Address
1701 5TH AVENUE SUITE 194, CHARLESTON, WV, 25387
Website
www.enactwv.orgNTEE Category
Code: P99 - Human services
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