Overview
What is Go Topeka Etlc Support Corporation?
Go Topeka Etlc Support Corporation is a nonprofit organization established as a public-private partnership between the community, Washburn University, and Washburn Institute of Technology (Washburn Tech). Their primary mission is to support business growth and cater to the educational and career needs of the local citizens. They identify opportunities for new degree programs and curricula, aligning with the workforce needs of employers in Topeka, Shawnee County. The corporation, exclusively benefiting the Growth Organization of Topeka/Shawnee County, Inc., also known as Go Topeka, acquires, owns, develops, operates, and leases the East Topeka Learning Center to further Go Topeka's tax-exempt purposes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%
Go Topeka Etlc Support Corporation has received a One-Star out of Four Star rating due to its overall accountability and finance score of 59%. This rating indicates significant concerns regarding the organization’s governance and financial oversight. The lack of independent board members and the low score in the independent board size category raise questions about its commitment to transparency and effective leadership.
Despite the shortcomings in governance, the organization has demonstrated some strengths, particularly in its program expense ratio, which received a full score of 25 out of 25. This suggests that most of its resources are directed towards its programs, representing a positive focus on impact. Additionally, the charity has established several robust policies, including a conflict of interest policy, whistleblower policy, and document retention practices, indicating a level of operational integrity.
However, there are notable limitations, such as the absence of a publicly listed website for tax forms, which affects transparency. The organization's liabilities to assets ratio received a score of 0 out of 15, signaling potential financial risks. Furthermore, while compensation for key personnel is documented, it raises concerns about salary management relative to the organization’s financial health. Overall, there is a need for improved governance practices and enhanced transparency to bolster trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Go Topeka Etlc Support Corporation legitimate?
Go Topeka Etlc Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Go Topeka Etlc Support Corporation 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
What is the mission statement of Go Topeka Etlc Support Corporation?
The Go Topeka Etlc Support Corporation is established with the sole purpose of supporting the growth organization of Topeka/Shawnee County, Inc., known as Go Topeka. The corporation's activities primarily involve acquiring, owning, developing, operating, and leasing the East Topeka Learning Center to further advance Go Topeka's tax-exempt objectives. This corporation operates exclusively for the benefit of Go Topeka, acting as a not-for-profit organization under Section 501(C)(6) and Section 509(A)(2) of the U.S. tax code.
Who is the CEO of Go Topeka Etlc Support Corporation?
Molly Howey is the Director of Go Topeka Etlc Support Corporation.
What is the revenue of Go Topeka Etlc Support Corporation?
Go Topeka Etlc Support Corporation's revenue in 2022 was $100,441.
Who are the executives of Go Topeka Etlc Support Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $79,870
- Other: $25,309
- Compensation: $0
- Related: $162,065
- Other: $26,440
- Compensation: $0
- Related: $62,307
- Other: $13,800
- Compensation: $0
- Related: $52,770
- Other: $5,406
Where can I find the form 990 for Go Topeka Etlc Support Corporation?
Go Topeka Etlc Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Go Topeka Etlc Support Corporation
Go Topeka Etlc Support Corporation is established with the sole purpose of supporting and benefiting Growth Organization of Topeka/Shawnee County, Inc., a 501(c)(6) and 509(a)(2) not-for-profit organization. The corporation's activities encompass the acquisition, ownership, development, operation, and leasing of the East Topeka Learning Center to further the tax-exempt objectives of Go Topeka. In essence, Go Topeka Etlc Support Corporation exists to aid and advance the goals of Go Topeka, utilizing the East Topeka Learning Center as a primary tool. The corporation's mission is centered around fostering growth and development in the community, working hand in hand with Go Topeka to achieve its objectives.
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Impact
October, 2024
Go Topeka ETLC Support Corporation significantly enhances the educational and economic landscape of Topeka and Shawnee County through its pivotal role in the East Topeka Learning Center. By facilitating a public-private partnership that involves collaboration with Washburn University and Washburn Institute of Technology, the corporation effectively addresses the educational and career needs of local residents.
Its activities, which encompass the acquisition, ownership, development, operation, and leasing of the learning center, are tailored to support business growth and workforce development. This ensures that educational programs not only align with the needs of the local economy but also create pathways for citizens to access new degree programs and vocational training.
Through this initiative, Go Topeka ETLC Support Corporation contributes to building a skilled workforce that meets employer demands while fostering community engagement and collaboration. Ultimately, its impact extends beyond education, promoting economic development and enhancing the overall quality of life in the region.
This information is meant to be a general summary of Go Topeka Etlc Support Corporation. 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: $492
- Program Service Revenue: $20,438
- Gross Receipts: $100,441
Assets and Liabilities:
- Total Assets: $5,738,239
- Total Liabilities: $7,915,159
- Net Assets: -$2,176,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSED EXPENSES
Revenue
$20,438
Organization Details
Founding Year
2018
Phone
(785) 234-2644Principal Officer
Molly Howey
Main Address
719 S KANSAS AVE 100, TOPEKA, KS, 66603
NTEE Category
Code: B11 - Education
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