Overview
What is West Texas Safety Training Center?
The West Texas Safety Training Center, located in Odessa, Texas, is a nonprofit organization that specializes in safety training. With a team of 30 dedicated individuals, the center offers state-certified industrial safety training units to a vast number of personnel working in the oil and gas industry. Their mission is centered around ensuring the well-being and safety of these professionals, providing them with the necessary skills to navigate potentially hazardous work environments. The training provided by the West Texas Safety Training Center is crucial in promoting a safer and more secure working atmosphere within the oil and gas sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The West Texas Safety Training Center has received a rating indicating that it needs improvement, with a score of 67%. While the organization boasts a strong program expense ratio of 90%, demonstrating a commitment to its mission, it has significant weaknesses in accountability and finance practices. The lack of financial statements and essential governance policies, such as conflict of interest and whistleblower policies, highlights areas that require urgent attention.
Strengths of the organization include a fully independent board, which consists of 71% independent members, and the absence of any material diversion of assets, reflecting good governance in that aspect. Additionally, the liabilities to assets ratio is notably low at 5.36%, indicating a solid financial position in terms of debt management. However, the absence of publicly available financial documents and the failure to maintain a website listed on the tax form raise concerns about transparency.
In summary, while the West Texas Safety Training Center demonstrates strong program spending and governance in terms of board independence, it faces critical challenges in its financial accountability and transparency. Improvements in these areas are essential for building trust and enhancing the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is West Texas Safety Training Center legitimate?
West Texas Safety Training Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Texas Safety Training Center 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: $309,697
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,026
For more financial information, click here
What is the mission statement of West Texas Safety Training Center?
The West Texas Safety Training Center is dedicated to providing safety training, specifically industrial safety units that are certified by the state. Their mission is to equip a substantial number of personnel from the oil and gas industry with essential safety skills. The center serves as a vital resource for promoting workplace safety and ensuring the well-being of its trainees.
Who is the CEO of West Texas Safety Training Center?
Vicki Watkins is the Vice President of West Texas Safety Training Center. The CEO's salary of West Texas Safety Training Center is $0 and their total compensation is $0.
What is the revenue of West Texas Safety Training Center?
West Texas Safety Training Center's revenue in 2023 was $2,222,452.
Who are the executives of West Texas Safety Training Center and what are their salaries?
The average compensation at West Texas Safety Training Center during 2023 was $30,557. There are 30 employees at West Texas Safety Training Center.
Here are 9 key members and their salaries (West Texas Safety Training Center's CEO's salary is $0 and their total compensation is $0):
- Compensation: $163,971
- Related: $0
- Other: $0
- Compensation: $135,825
- 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
Where can I find the form 990 for West Texas Safety Training Center?
West Texas Safety Training Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of West Texas Safety Training Center
West Texas Safety Training Center, in its mission, focuses on providing state-certified industrial safety training units. This center serves as a crucial resource for a significant number of personnel working within the oil and gas industry. The primary activity of this nonprofit organization is to educate and equip individuals with the necessary safety skills to ensure a safe working environment. By offering state-certified training units, West Texas Safety Training Center plays a vital role in promoting safety standards in the industry and reducing the risk of accidents and injuries.
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Impact
July, 2024
West Texas Safety Training Center plays a crucial role in enhancing public safety by providing state-certified industrial safety training to a large number of oil and gas industry personnel. By equipping workers with the necessary skills and knowledge to prevent accidents and respond effectively to emergencies, the center contributes significantly to reducing risks and promoting a safer work environment in the industry. Their impact can be seen in the improved safety practices and reduced incidents within the oil and gas sector in the region.
This information is meant to be a general summary of West Texas Safety Training Center. 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 2023.
- Investment Income: $9,474
- Program Service Revenue: $2,212,978
- Gross Receipts: $2,222,452
Assets and Liabilities:
- Total Assets: $2,846,487
- Total Liabilities: $152,849
- Net Assets: $2,693,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING REVENUE
Revenue
$2,212,978
Organization Details
Phone
(432) 563-3067Principal Officer
Vicki Watkins
Main Address
PO BOX 60828, ODESSA, TX, 79711
NTEE Category
Code: M41 - Public safety
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