Overview
What is Rework Richmond Inc?
Rework Richmond Inc is a nonprofit organization situated in Richmond, Virginia, with a focus on assisting underemployed adults residing in the city's East End. Their mission is to empower these individuals to acquire the necessary skills and support to secure family-sustaining careers, ultimately helping them escape poverty and overcome societal barriers. In 2022, they served 50 adults, impacting over 140 individuals, by providing a comprehensive suite of services. These services include connecting individuals to new employment opportunities, offering educational assistance through certification courses and associate-level programs, and offering mentorship and career coaching through a volunteer network. Additionally, Rework Richmond provides financial coaching and connects participants with resources for transportation, childcare, and housing to ensure stability on their pathway to a living wage career. The organization is supported by a dedicated team of six employees and an extensive volunteer network.
Official website here: www.reworkrichmond.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Rework Richmond Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The charity performs well in several areas, such as having a fully independent board and strong financial management practices. Notably, it scored full points on majority independent board members and its liabilities to assets ratio, showcasing its responsible fiscal practices.
However, the organization has some areas that require improvement. The absence of a whistleblower policy and a document retention policy are notable limitations that could affect its transparency and governance. Additionally, the charity has not posted its tax form on its website, which may restrict access to important financial information for potential donors and stakeholders.
Overall, while Rework Richmond Inc demonstrates a robust framework for governance and financial management, addressing the gaps in its policies could enhance its credibility and trust among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Rework Richmond Inc legitimate?
Rework Richmond Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rework Richmond 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,319
For more financial information, click here
Official website here: www.reworkrichmond.org
What is the mission statement of Rework Richmond Inc?
Rework Richmond Inc's mission is centered around empowering underemployed adults living in various communities. Their primary goal is to equip these individuals with the necessary skills and support to secure family-sustaining careers with living wages. The organization is committed to partnering with each participant throughout their journey, ensuring they secure employment that can support their families. The mission of Rework Richmond Inc is to help individuals and their families break free from the cycle of poverty and the societal structures that hinder their potential. They aim to provide assistance in navigating the pathway to improved livelihoods.
Official website here: www.reworkrichmond.org
Who is the CEO of Rework Richmond Inc?
Deb Lawrence is the Board Member of Rework Richmond Inc.
Official website here: www.reworkrichmond.org
What is the revenue of Rework Richmond Inc?
Rework Richmond Inc's revenue in 2022 was $524,898.
Official website here: www.reworkrichmond.org
Who are the executives of Rework Richmond Inc and what are their salaries?
The average compensation at Rework Richmond Inc during 2022 was $44,053. There are 6 employees and 40 volunteers at Rework Richmond Inc.
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Official website here: www.reworkrichmond.org
Where can I find the form 990 for Rework Richmond Inc?
Rework Richmond Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reworkrichmond.org
Learn more at the official website: www.reworkrichmond.org
Mission Statement of Rework Richmond Inc
Rework Richmond Inc, a nonprofit organization, is dedicated to assisting underemployed adults residing in Richmond's East End. Their mission is to empower these individuals by equipping them with the essential skills and support needed to secure family-sustaining careers. This mission is underpinned by a deep commitment to partner with each participant throughout their journey, persisting until they secure a job that ensures their family's financial stability. Rework Richmond Inc's goal is to guide participants and their families towards escaping poverty and the societal structures that hinder their potential realization.
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Impact
July, 2024
Rework Richmond Inc's impact is evident in their dedicated efforts to empower underemployed adults in Richmond's East End. By providing comprehensive support, including career coaching, education enrollment assistance, and financial coaching, they have successfully connected participants to family-sustaining careers. In 2022 alone, Rework Richmond served 50 adults, representing over 140 individuals in total. Through their network of volunteers and partnerships with various community resources, they have helped participants overcome barriers such as transportation, childcare, and housing, ensuring they stay on track towards economic stability. Through their commitment to each participant, Rework Richmond is actively working to break the cycle of poverty and provide pathways to success for individuals and their families.
This information is meant to be a general summary of Rework Richmond 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.
- Investment Income: $182
- Gross Receipts: $524,898
Assets and Liabilities:
- Total Assets: $674,467
- Total Liabilities: $104,561
- Net Assets: $569,906
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Organization Details
Founding Year
2018
Phone
(804) 447-9026Principal Officer
Deb Lawrence
Main Address
2123 Fairmount Ave, Richmond, VA, 23223
Website
www.reworkrichmond.orgNTEE Category
Code: J22 - Employment
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