Overview
What is Mpower Inc?
Mpower Inc is a nonprofit organization situated in Stillwater, Oklahoma. With a workforce of 177 dedicated individuals, their mission is to empower adults with developmental disabilities. They achieve this by offering job training, sheltered employment, and residential services, aiming to enable these individuals to contribute positively to their community and live as independently as possible. Their services aim to provide meaningful training and employment opportunities, thereby fostering a sense of inclusion and self-reliance.
Official website here: www.mpower.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Mpower Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization achieved a perfect score in several areas, including having 100% independent board members and comprehensive financial oversight. This high rating is indicative of Mpower's transparency and responsible stewardship of its resources, underscoring its effectiveness in fulfilling its mission.
The charity's financial health is robust, with a low liabilities-to-assets ratio of 23.63% and a high program expense ratio of 72.77%. These metrics suggest that a significant portion of its expenditures directly supports its programs, aligning with best practices in nonprofit financial management. The establishment of various policies, including conflict of interest and whistleblower protections, further bolsters its operational integrity.
While the overall ratings are strong, it is important for potential donors to consider how Mpower Inc communicates its impact and program outcomes beyond financial metrics. Engaging storytelling and transparency about program effectiveness can enhance donor confidence and foster deeper connections with the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Mpower Inc legitimate?
Mpower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mpower 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: $64,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,172,225
For more financial information, click here
Official website here: www.mpower.org
What is the mission statement of Mpower Inc?
Mpower Inc's mission is centered around empowering adults with developmental disabilities. This organization strives to provide them with various meaningful training and employment opportunities. The ultimate goal is to help these individuals contribute to their community and live as independently as possible. Mpower Inc operates facilities that offer job-training, sheltered employment, and residential services, aiming to enhance the lives of people with disabilities.
Official website here: www.mpower.org
Who is the CEO of Mpower Inc?
Amy Spiva is the Executive Di of Mpower Inc.
Official website here: www.mpower.org
What is the revenue of Mpower Inc?
Mpower Inc's revenue in 2022 was $3,150,560.
Official website here: www.mpower.org
Who are the executives of Mpower Inc and what are their salaries?
The average compensation at Mpower Inc during 2022 was $12,637. There are 177 employees at Mpower Inc.
Here are 13 key members and their salaries:
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Official website here: www.mpower.org
Where can I find the form 990 for Mpower Inc?
Mpower Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpower.org
Learn more at the official website: www.mpower.org
Mission Statement of Mpower Inc
Mpower Inc, a nonprofit organization, is committed to empowering adults with developmental disabilities. Their mission is to provide them with a multitude of meaningful training and employment opportunities, enabling them to contribute positively to their community. This mission also aims to help these individuals live as independently as possible. Mpower Inc operates various programs, including job-training centers, sheltered employment, and residential services, all designed to equip and support individuals with disabilities in their journey towards independence.
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Impact
July, 2024
Mpower Inc empowers adults with developmental disabilities to contribute to the community through a variety of meaningful training and employment opportunities. It provides job-training, sheltered and supported employment, and residential services for individuals with disabilities in Stillwater, OK. The organization's mission is to help these individuals live as independently as possible while actively participating in the workforce. Mpower Inc's impact is significant as it helps bridge the gap between individuals with disabilities and employment opportunities, fostering inclusivity and self-sufficiency in the community.
This information is meant to be a general summary of Mpower 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: $1,574
- Program Service Revenue: $1,851,547
- Gross Receipts: $3,157,043
Assets and Liabilities:
- Total Assets: $2,193,531
- Total Liabilities: $532,993
- Net Assets: $1,660,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,851,547
Organization Details
Founding Year
1971
Phone
(405) 377-0834Principal Officer
Amy Spiva
Main Address
316 S STALLARD, STILLWATER, OK, 74074
Website
www.mpower.orgNTEE Category
Code: J33Z - Employment
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