Overview
What is Onramp Inc?
Onramp Inc, based in College Station, Texas, is a nonprofit organization dedicated to assisting individuals and families in need by providing reliable transportation. They acquire vehicles through purchases or donations and carry out necessary repairs before distributing them. Beyond vehicle provision, Onramp Inc also offers additional transportation support to those in need. The organization receives clients through referrals from various charitable, governmental, and religious organizations, demonstrating its wide-reaching network of support. With a staff of just three individuals, Onramp Inc plays a significant role in enhancing mobility for those who may otherwise struggle with transportation issues.
Official website here: www.onramptx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Onramp Inc has received an overall score of 86%, which translates to a Three-Star rating, indicating a solid performance in the realm of accountability and finance. This score is derived entirely from a single beacon score, highlighting the organization's emphasis on financial integrity and transparency. Onramp Inc has particularly excelled in areas such as having a fully independent board and maintaining a strong program expense ratio of 85.68%, demonstrating a commitment to utilizing its funds effectively.
Strengths noted in the evaluation include a fully independent board of directors and robust financial practices, including a favorable liabilities to assets ratio of 7.19%. The organization has successfully implemented a conflict of interest policy and has had no material diversion of assets, which underscores its commitment to ethical governance. However, certain areas require improvement, such as the absence of a whistleblower policy and the lack of documented board meeting minutes.
While Onramp Inc shows a strong accountability record, the missing elements in its governance policies suggest that there is room for further enhancements to ensure comprehensive oversight and transparency. Overall, the organization is well-placed in terms of financial health but could benefit from refining its governance practices to further strengthen stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Onramp Inc legitimate?
Onramp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onramp 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: $95,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,675
For more financial information, click here
Official website here: www.onramptx.org
What is the mission statement of Onramp Inc?
Onramp Inc, as a mission, focuses on providing reliable transportation solutions to individuals and families in need. They achieve this by obtaining vehicles through purchases or donations, and ensuring they are in good working condition before distributing them. The organization also extends other forms of transportation assistance to those in need. Clients are referred to Onramp Inc by various sponsors, including charitable, governmental, and religious organizations.
Official website here: www.onramptx.org
Who is the CEO of Onramp Inc?
Matt Ege is the Treasurer of Onramp Inc.
Official website here: www.onramptx.org
What is the revenue of Onramp Inc?
Onramp Inc's revenue in 2022 was $739,874.
Official website here: www.onramptx.org
Who are the executives of Onramp Inc and what are their salaries?
The average compensation at Onramp Inc during 2022 was $43,613. There are 3 employees at Onramp Inc.
Here are 10 key members and their salaries:
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Official website here: www.onramptx.org
Where can I find the form 990 for Onramp Inc?
Onramp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onramptx.org
Learn more at the official website: www.onramptx.org
Mission Statement of Onramp Inc
Onramp Inc, a nonprofit organization, is dedicated to delivering dependable transportation solutions to individuals and families in need. Their mission is twofold: firstly, they procure vehicles through purchases or donations, ensuring they are in a reliable condition. Secondly, they grant these refurbished vehicles to deserving individuals and families, extending a helping hand in their transportation endeavors. Beyond vehicle distribution, Onramp Inc also offers various transportation assistance services to those in need, all referred by sponsors from a diverse range of charitable, governmental, and religious organizations.
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Impact
July, 2024
Onramp Inc's impact can be seen in the lives of individuals and families who have been provided with reliable transportation when they needed it the most. By obtaining vehicles through purchase or donation, repairing them, and then awarding them to those in need, Onramp Inc has made it possible for people to access essential services, employment opportunities, and overall improve their quality of life. This assistance not only addresses immediate transportation needs but also contributes to the overall well-being and stability of the recipients. Through partnerships with charitable, government, and religious organizations, Onramp Inc is able to reach those who are most in need of transportation assistance, making a tangible difference in their lives.
This information is meant to be a general summary of Onramp 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.
- Gross Receipts: $739,874
Assets and Liabilities:
- Total Assets: $290,240
- Total Liabilities: $20,885
- Net Assets: $269,355
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Organization Details
Founding Year
2017
Phone
(979) 703-6505Principal Officer
Matt Ege
Main Address
312 Agate Drive, College Station, TX, 77845
Website
www.onramptx.orgNTEE Category
Code: P20 - Human services
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