Overview
What is The Skills Foundation Of Mississippi Inc?
The Skills Foundation of Mississippi Inc. is a nonprofit organization situated in Jackson, Mississippi, specifically at 219 N President Street. Their primary mission is to boost Mississippi's skilled workforce by fostering collaborations among private industries, communities, and state leaders. This public-private partnership aims to cultivate a pipeline of skilled workers for future generations in the state. By doing so, The Skills Foundation of Mississippi Inc. actively raises awareness for high-demand occupations and connects individuals with aligned training programs, ultimately contributing to the overall growth and development of the workforce in Mississippi. With a dedicated workforce of two individuals, the foundation's efforts are instrumental in bridging the gap between job requirements and skilled workers in the state.
Official website here: www.skillsfoundationms.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Skills Foundation of Mississippi Inc has received an impressive score of 88%, which translates to a Three-Star rating. This rating reflects the organization’s solid accountability and financial practices for the most recent fiscal year (FY2022). With a fully independent board consisting of 11 members, the foundation demonstrates strong governance by scoring full points in areas such as audit oversight and asset diversion, indicating responsible stewardship of resources.
The organization excels in maintaining transparency with its financial statements and has a conflict of interest policy in place. However, it does have some limitations, as it lacks a whistleblower policy and a document retention and destruction policy, which are important for ensuring operational integrity and accountability. Despite these areas of improvement, the foundation maintains a healthy liabilities-to-assets ratio and allocates a significant portion of its budget, about 73%, towards program expenses, which speaks to its commitment to fulfilling its mission.
Overall, The Skills Foundation of Mississippi Inc shows a strong commitment to ethical governance and effective financial management, though enhancing its policy framework could further strengthen its operations and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Skills Foundation Of Mississippi Inc legitimate?
The Skills Foundation Of Mississippi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Skills Foundation Of Mississippi 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: $103,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.skillsfoundationms.com
What is the mission statement of The Skills Foundation Of Mississippi Inc?
The Skills Foundation of Mississippi Inc is a non-profit organization dedicated to increasing the skilled workforce in the state. Their mission is to foster partnerships between private industries, communities, and state leaders, aiming to grow the pipeline of skilled workers for future generations of Mississippians. The foundation raises awareness for high-demand occupations and connects individuals with appropriate training programs, aiming to bridge the gap between job requirements and available workforce skills.
Official website here: www.skillsfoundationms.com
Who is the CEO of The Skills Foundation Of Mississippi Inc?
Clifton Carrol is the Director of The Skills Foundation Of Mississippi Inc.
Official website here: www.skillsfoundationms.com
What is the revenue of The Skills Foundation Of Mississippi Inc?
The Skills Foundation Of Mississippi Inc's revenue in 2022 was $1,190,961.
Official website here: www.skillsfoundationms.com
Who are the executives of The Skills Foundation Of Mississippi Inc and what are their salaries?
The average compensation at The Skills Foundation Of Mississippi Inc during 2022 was $51,500. There are 2 employees at The Skills Foundation Of Mississippi Inc.
Here are 13 key members and their salaries:
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- Compensation: $67,000
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Official website here: www.skillsfoundationms.com
Where can I find the form 990 for The Skills Foundation Of Mississippi Inc?
The Skills Foundation Of Mississippi Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skillsfoundationms.com
Learn more at the official website: www.skillsfoundationms.com
Mission Statement of The Skills Foundation Of Mississippi Inc
The Skills Foundation of Mississippi, a non-profit organization, is committed to enhancing the skilled workforce in the state. Its mission is centered around engaging private industries, communities, and state leaders to foster genuine public-private partnerships. This initiative aims to expand the pipeline of skilled workers for the future generation of Mississippians. The foundation's primary objective is to raise awareness for high-demand occupations and connect individuals with relevant training programs. By doing so, it aims to bridge the gap between the demand for skilled labor and the availability of trained workers, ultimately contributing to the economic growth and development of Mississippi.
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Impact
July, 2024
The Skills Foundation of Mississippi Inc is actively working to increase the skilled workforce in the state. By raising awareness for high-demand occupations and connecting individuals with aligned training programs, the foundation is playing a vital role in addressing the workforce needs of Mississippi. Through their efforts to engage private industry, communities, and state leaders in public-private partnerships, they are helping to grow the pipeline of skilled workers for the next generation of Mississippians. Their mission focuses on developing a skilled workforce to meet the demands of the evolving job market in the state.
This information is meant to be a general summary of The Skills Foundation Of Mississippi 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: $137,008
- Gross Receipts: $1,190,961
Assets and Liabilities:
- Total Assets: $497,353
- Total Liabilities: $128,562
- Net Assets: $368,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MS HORIZONS
Revenue
$137,008
Organization Details
Founding Year
2017
Phone
(601) 520-0084Principal Officer
Clifton Carrol
Main Address
219 N PRESIDENT STREET, JACKSON, MS, 39201
Website
www.skillsfoundationms.comNTEE Category
Code: J20 - Employment
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