Overview
What is Skillpoint Alliance?
Skillpoint Alliance is a nonprofit organization located in Austin, Texas, specifically at 8868 Research Blvd. Their primary mission is to offer life-changing, short-term training programs in high-demand industries. In 2022, they served 193 students, many of whom were previously unemployed or underemployed, aiming to improve their financial stability. The organization boasts a high graduation rate of 91.7% and an employment rate of 77.6%, with the average wage for graduates reaching $19.22 per hour. Skillpoint Alliance offers training in various sectors, such as electrical work, manufacturing, HVAC, plumbing, and even basic construction skills for youths in the Williamson County Juvenile Service facility. The organization's mission is to serve as a gateway for individuals to transform their lives through rigorous skills-based training and education.
Official website here: www.skillpointalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Skillpoint Alliance has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization scored 87% overall, with a perfect score in several key areas, demonstrating robust governance practices and financial management. Key strengths include an independent board with full compliance with policies related to conflicts of interest and whistleblowing, ensuring transparency and accountability.
The financial metrics of Skillpoint Alliance are also commendable, with a program expense ratio of 85.45%, indicating that a substantial portion of funds directly supports its programs. Additionally, the fundraising efficiency is notably high, with an expense of just $0.03 to raise each dollar. This efficiency suggests a well-managed fundraising strategy that maximizes the impact of donations.
However, while the financial indicators are strong, the organization could benefit from ongoing outreach to bolster its visibility and attract additional support. Overall, Skillpoint Alliance's strong governance and financial health signify a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Skillpoint Alliance?
92% of 32 reviewers on Facebook recommend Skillpoint Alliance. Here’s an overview of their comments:
Many participants have expressed gratitude for the support and guidance provided through the programs, specifically highlighting the CNA classes. One reviewer noted feeling "blessed" by the experience and mentioned a newfound pride in being employed in a job they love.
The overall sentiment reflects a high level of satisfaction with the services offered by the nonprofit. Individuals appreciate the opportunities for professional development and the positive impact these programs have had on their careers. Skillpoint Alliance appears to successfully fulfill its mission of empowering individuals through education and training.
This AI summary has been generated from reviews found on Facebook.
Is Skillpoint Alliance legitimate?
Skillpoint Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skillpoint Alliance 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: $259,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $820,227
For more financial information, click here
Official website here: www.skillpointalliance.org
What is the mission statement of Skillpoint Alliance?
Skillpoint Alliance's mission is centered around offering a pathway for individuals to significantly enhance their lives through comprehensive, vocational training and education. This organization strives to empower people by providing them with rigorous, industry-specific skills training in various high-demand sectors. In 2022, Skillpoint served 193 students, many of whom were previously unemployed or underemployed, helping them to secure financial stability for themselves and their families. The graduation rate was high, at 91.7%, and the employment rate was 77.6%. Upon completion, graduates typically earned an average wage of $19.22 per hour. Skillpoint also offered electrical training to numerous students, many of whom went on to enroll in apprentice programs and secure full-time positions. Furthermore, Skillpoint provided basic construction skills to young individuals in a juvenile service facility.
Official website here: www.skillpointalliance.org
Who is the CEO of Skillpoint Alliance?
Kevin Brackmeyer is the Chair of Skillpoint Alliance. The CEO's salary of Skillpoint Alliance is $142,855 and their total compensation is $158,722.
Official website here: www.skillpointalliance.org
What is the revenue of Skillpoint Alliance?
Skillpoint Alliance's revenue in 2022 was $2,273,018.
Official website here: www.skillpointalliance.org
Who are the executives of Skillpoint Alliance and what are their salaries?
The average compensation at Skillpoint Alliance during 2022 was $39,989. There are 27 employees and 14 volunteers at Skillpoint Alliance.
Here are 16 key members and their salaries (Skillpoint Alliance's CEO's salary is $142,855 and their total compensation is $158,722):
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- Compensation: $142,855
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Official website here: www.skillpointalliance.org
Where can I find the form 990 for Skillpoint Alliance?
Skillpoint Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skillpointalliance.org
Learn more at the official website: www.skillpointalliance.org
Mission Statement of Skillpoint Alliance
Skillpoint Alliance, a nonprofit organization, is committed to serving as a bridge for individuals seeking to significantly improve their lives through rigorous, skills-based education and training. Their mission is to empower individuals by providing them with the necessary tools to transition into high-demand industries. In 2022, Skillpoint Alliance offered short-term training programs in industries such as electrical work, manufacturing, HVAC, and plumbing. The organization's impact was substantial, with a high graduation rate of 91.7% and an impressive employment rate of 77.6%. The average hourly wage for graduates was $19.22, indicating a positive impact on their livelihoods.
Notably, Skillpoint Alliance extended its reach to individuals who were previously struggling with unemployment and underemployment. Many of its electrical students gained entry into local apprentice programs, securing full-time positions and the opportunity to further their education. Additionally, the organization offered basic construction skills to a group of youths residing in the Williamson County Juvenile Service facility, providing them with a valuable skill set. Skillpoint Alliance's mission is to transform lives and offer individuals a pathway to stability and success through comprehensive skills-based training.
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Impact
July, 2024
Skillpoint Alliance's impact is profound and transformative. In 2022, the organization provided life-changing short-term training to 193 individuals who were previously facing unemployment and underemployment. With a graduation rate of 91.7% and an employment rate of 77.6%, Skillpoint Alliance successfully empowered individuals to secure stable employment opportunities. The average wage of graduates was $19.22 per hour, indicating a significant improvement in their financial situations.
Skillpoint Alliance trained students in high-demand industries such as electrical work, manufacturing, HVAC, and plumbing. Notably, many electrical students were able to enroll in local apprentice programs post-graduation, enabling them to secure full-time jobs and further their education. Additionally, Skillpoint Alliance provided essential construction skills to 10 youths in the Williamson County Juvenile Service facility, potentially offering them a path towards a brighter future.
Overall, Skillpoint Alliance's impact can be seen in the tangible outcomes of increased employment, improved wages, and opportunities for continuing education and personal growth for individuals in the Austin, Texas area.
This information is meant to be a general summary of Skillpoint Alliance. 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: $4,875
- Program Service Revenue: $28,190
- Gross Receipts: $2,274,667
Assets and Liabilities:
- Total Assets: $1,511,173
- Total Liabilities: $184,557
- Net Assets: $1,326,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Training revenue
Revenue
$28,190
Organization Details
Founding Year
1994
Phone
(512) 323-6773Principal Officer
Kevin Brackmeyer
Main Address
8868 RESEARCH BLVD, AUSTIN, TX, 78758
Website
www.skillpointalliance.orgNTEE Category
Code: J22 - Employment
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