Overview
What is Denverworks Inc?
Denverworks Inc, based in Denver, Colorado, is a nonprofit organization situated at 6000 E Evans Ave, Building 2, Suite 260. Their primary mission is to empower the unemployed and individuals with employment barriers, aiding them in becoming self-sufficient. They accomplish this by providing job preparation, placement services, and life skills training. Denverworks Inc's activities are geared towards helping these individuals overcome employment hurdles and achieve their full potential, ultimately fulfilling their divine purpose. The organization operates with a dedicated workforce of 46 employees.
Official website here: www.denverworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating) from Charity Navigator
Denverworks Inc has achieved an impressive 93% overall score from Charity Navigator, reflecting strong accountability and financial practices. The organization boasts a high Accountability & Finance score of 92, indicating effective management of resources and a commitment to transparency, evidenced by its independent board of 11 members and various internal policies such as whistleblower and conflict of interest policies.
The nonprofit excels in program expenses, with 88.63% of its expenditures directed towards its programs, highlighting its focus on fulfilling its mission. Additionally, its fundraising efficiency is robust, demonstrating a responsible approach to generating donations with a low cost per dollar raised.
While the organization shows strengths in governance and financial health, it has a working capital ratio of 0.65 years, which may suggest some challenges in short-term liquidity. However, the perfect score in culture and community indicates that Denverworks Inc is not only effective in its financial dealings but also fosters a positive organizational environment.
This AI summary has been generated from information found on Charity Navigator.
Is Denverworks Inc legitimate?
Denverworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denverworks 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: $102,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,237,421
For more financial information, click here
Official website here: www.denverworks.org
What is the mission statement of Denverworks Inc?
Denverworks Inc's mission is centered around empowering individuals who are unemployed or face barriers to employment. Their goal is to help these individuals become self-sufficient through comprehensive job preparation and placement services. The organization goes beyond just providing employment assistance, also offering life skills training to equip the unemployed and low-income population, enabling them to fulfill their potential and live in accordance with their inherent abilities.
Official website here: www.denverworks.org
Who is the CEO of Denverworks Inc?
Robert Andrews is the Executive Director of Denverworks Inc.
Official website here: www.denverworks.org
What is the revenue of Denverworks Inc?
Denverworks Inc's revenue in 2022 was $6,201,899.
Official website here: www.denverworks.org
Who are the executives of Denverworks Inc and what are their salaries?
The average compensation at Denverworks Inc during 2022 was $29,121. There are 46 employees and 12 volunteers at Denverworks Inc.
Here are 11 key members and their salaries:
- Compensation: $102,153
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Official website here: www.denverworks.org
Where can I find the form 990 for Denverworks Inc?
Denverworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.denverworks.org
Learn more at the official website: www.denverworks.org
Mission Statement of Denverworks Inc
Denverworks Inc, as a nonprofit organization, is dedicated to empowering individuals who are unemployed or facing barriers to employment. Their mission is to help these individuals become self-sufficient through comprehensive job preparation and placement services. By providing job preparation, placement services, and life skills training, Denverworks Inc equips its clients with the tools necessary to fulfill their potential and lead fulfilling lives. The organization's ultimate goal is to enable its clients to become self-supporting, allowing them to contribute positively to their communities and achieve their God-given potential.
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Impact
July, 2024
Denverworks Inc's impact can be seen in the transformation of the unemployed and individuals facing barriers to employment into self-supporting members of the community. By providing job preparation, placement services, and life skills training, Denverworks Inc equips individuals with the tools they need to secure employment and fulfill their potential. Through this empowerment, Denverworks Inc plays a crucial role in helping individuals achieve financial independence and reach their personal and professional goals.
This information is meant to be a general summary of Denverworks 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: $18
- Program Service Revenue: $1,349,529
- Gross Receipts: $6,201,899
Assets and Liabilities:
- Total Assets: $2,746,663
- Total Liabilities: $884,967
- Net Assets: $1,861,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$1,349,529
Organization Details
Founding Year
1996
Principal Officer
Robert Andrews
Main Address
6000 E EVANS AVE BLDG 2 STE 260, DENVER, CO, 80222
Website
www.denverworks.orgNTEE Category
Code: J20 - Employment
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