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Chattanooga Woodworking Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800153945 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is Chattanooga Woodworking Academy Inc?

Chattanooga Woodworking Academy Inc, situated in Chattanooga, Tennessee, is a dedicated nonprofit organization with a goal to preserve and promote the traditional craft of woodworking. They offer comprehensive training to aspiring craftsmen, focusing on both technical skills and the identification and reclamation of wood products. The academy has successfully equipped over 20 individuals, who are now contributing to the field, either working independently or for others. The academy's mission is to pass on this historical craft to the next generation, thereby ensuring its continuity.


Official website here: www.chattanoogawoodworkingacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)

Chattanooga Woodworking Academy Inc has received a Two-Star rating from Charity Navigator, indicating areas that require improvement in its accountability and financial practices. The organization scored 64% overall, with a focus on accountability and finance. While it boasts a fully independent board and strong adherence to policies like conflict of interest and document retention, the absence of a whistleblower policy and failure to post its tax form on its website have negatively impacted its score.

The Academy's strengths include its independent board structure, which consists entirely of independent members, and solid governance practices. Additionally, the organization has demonstrated a commitment to transparency in many areas, such as listing its website on tax forms and maintaining accurate board meeting minutes. However, the missing whistleblower policy raises concerns about internal reporting mechanisms, and the lack of accessible financial documents may hinder stakeholder trust.

Financially, the Academy has a reasonable program expense ratio of 61.43%, suggesting that a significant portion of its resources is directed toward its mission. Nonetheless, the liabilities to assets ratio stands at 100.00%, highlighting potential financial risks that could affect its sustainability. Overall, while there are notable strengths, the organization must address its shortcomings to improve its standing and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Chattanooga Woodworking Academy Inc legitimate?

Chattanooga Woodworking Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga Woodworking Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chattanoogawoodworkingacademy.org

What is the mission statement of Chattanooga Woodworking Academy Inc?

The mission of Chattanooga Woodworking Academy Inc, as stated, is centered around preserving the historical craft of woodworking. They aim to achieve this by providing comprehensive training to aspiring craftsmen, encompassing not only technical skills but also the identification and reclamation of wood products. The academy's ultimate goal is to foster the next generation of master craftsmen in the field of woodworking. Their efforts have proven successful, with over 20 of their former students now actively practicing and contributing to the field.


Official website here: www.chattanoogawoodworkingacademy.org

Who is the CEO of Chattanooga Woodworking Academy Inc?

William Carney is the Principal Officer of Chattanooga Woodworking Academy Inc.


Official website here: www.chattanoogawoodworkingacademy.org

What is the revenue of Chattanooga Woodworking Academy Inc?

Chattanooga Woodworking Academy Inc's revenue in 2022 was $23,000.


Official website here: www.chattanoogawoodworkingacademy.org

Who are the executives of Chattanooga Woodworking Academy Inc and what are their salaries?

There 1 volunteer at Chattanooga Woodworking Academy Inc.


Here are 3 key members and their salaries:


William E Carney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Carney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Z Carney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chattanoogawoodworkingacademy.org

Where can I find the form 990 for Chattanooga Woodworking Academy Inc?

Chattanooga Woodworking Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chattanoogawoodworkingacademy.org

Learn more at the official website: www.chattanoogawoodworkingacademy.org

Mission Statement of Chattanooga Woodworking Academy Inc

Chattanooga Woodworking Academy, a esteemed organization, is dedicated to preserving and promoting the historical art of woodworking. Its mission is twofold: firstly, to educate and train a new generation of skilled craftsmen, equipping them with both the technical know-how and the ability to identify and reuse wood products. Secondly, the Academy aims to cultivate master craftsmen in the field of woodworking. Through its rigorous curriculum, Chattanooga Woodworking Academy has successfully imparted sufficient knowledge to its students, enabling them to pursue careers in the field, either working independently or for other establishments. At present, over 20 of its former students are actively employed in the woodworking sector, a testament to the Academy's effectiveness in nurturing talent and preserving this age-old craft.

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Impact




August, 2024

Chattanooga Woodworking Academy Inc has made a significant impact by establishing and preserving the historical craft of woodworking in Chattanooga, Tennessee. The academy provides training to a new generation of craftsmen by teaching both the technical aspects of woodworking as well as identification and reclaiming of wood products. As a result of their efforts, more than 20 prior students are now working in the field either for themselves or for others. Their mission to train master craftsmen in woodworking is not only fulfilling a traditional craft but also providing educational opportunities for those interested in this field.




This information is meant to be a general summary of Chattanooga Woodworking Academy 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.

Revenue
$23,000 (2022)
Expenses
$14,339 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $23,000

Assets and Liabilities:

  • Total Assets: $16,108
  • Total Liabilities: $16,108
  • Net Assets: $0

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Organization Details

Founding Year

2013

Principal Officer

William Carney

Main Address

1604 S Market Street, Chattanooga, TN, 37408

NTEE Category

Code: B30 - Education

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