Overview
What is Saras Mentoring Center Inc?
Saras Mentoring Center Inc is a nonprofit organization that is dedicated to empowering individuals with significant disabilities by offering them employment opportunities. They accomplish this through their involvement in the Ability One program, securing federal contracts for janitorial services. The organization plays a crucial role in training these individuals, ensuring they have the necessary skills to excel in their jobs. By doing so, Saras Mentoring Center Inc is making a significant impact, providing valuable employment opportunities and fostering independence for individuals with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Saras Mentoring Center Inc has achieved a Three-Star rating from Charity Navigator, with an overall score of 75%. This score reflects a strong performance in Accountability & Finance, which is crucial for potential donors assessing the charity's reliability and transparency. The charity's accountability measures are robust, with no material diversion of assets reported and comprehensive policies in place, such as a whistleblower policy and documented board meeting minutes.
The organization boasts a 57% majority of independent board members, which enhances its governance structure. Additionally, it has a solid liabilities to assets ratio of 40.46%, indicating good financial health. The program expense ratio is also exemplary at 100%, showing that all expenses are directed towards its programs.
Despite these strengths, the rating is based solely on the Accountability & Finance category, which may suggest a need for further evaluation in other areas such as impact and effectiveness. Nonetheless, the indicators provided reflect a well-managed nonprofit dedicated to maintaining transparency and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Saras Mentoring Center Inc legitimate?
Saras Mentoring Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saras Mentoring Center 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: $186,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,518
For more financial information, click here
What is the mission statement of Saras Mentoring Center Inc?
Saras Mentoring Center Inc's mission is centered around providing employment opportunities for individuals with significant disabilities. They accomplish this by offering comprehensive training and subsequently securing federal contracts for janitorial services through the Ability One program. By doing so, Saras Mentoring Center is instrumental in fostering an inclusive workforce, contributing to the personal and professional growth of individuals with disabilities.
Who is the CEO of Saras Mentoring Center Inc?
Sara Carroll is the Director of Saras Mentoring Center Inc.
What is the revenue of Saras Mentoring Center Inc?
Saras Mentoring Center Inc's revenue in 2022 was $789,242.
Who are the executives of Saras Mentoring Center Inc and what are their salaries?
The average compensation at Saras Mentoring Center Inc during 2022 was $28,808. There are 19 employees at Saras Mentoring Center Inc.
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Where can I find the form 990 for Saras Mentoring Center Inc?
Saras Mentoring Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saras Mentoring Center Inc
Saras Mentoring Center Inc is dedicated to making a significant impact in the employment sector by training and providing employment opportunities for individuals with disabilities. Leveraging federal contracts through the Ability One program, the nonprofit specializes in janitorial services. By offering this training and employment, Saras Mentoring Center Inc seeks to empower these individuals, enabling them to contribute positively to their communities. The organization's mission is to create a more inclusive workforce, recognizing the potential and abilities of individuals with significant disabilities, and providing them with the necessary tools and support to succeed in the workforce.
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Impact
July, 2024
Saras Mentoring Center Inc's impact is significant in training and employing the disabled workforce. By providing employment opportunities for individuals with significant disabilities through federal contracts for janitorial services via the Ability One program, Saras Mentoring Center is helping to empower a marginalized group of individuals and contribute to their economic independence. Through their mission-driven work, they are making a positive difference in the lives of many individuals in Virginia Beach, VA, and beyond.
This information is meant to be a general summary of Saras Mentoring Center 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.
- Program Service Revenue: $789,242
- Gross Receipts: $789,242
Assets and Liabilities:
- Total Assets: $329,667
- Total Liabilities: $121,353
- Net Assets: $208,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISABLED JOBS JANITOR
Revenue
$789,242
Organization Details
Founding Year
2003
Principal Officer
Sara Carroll
Main Address
517 CENTRAL DRIVE, VIRGINIA BEACH, VA, 23454
NTEE Category
Code: J20 - Employment
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