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Vocational Development Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 931300043 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Vocational Development Foundation?

The Vocational Development Foundation is a Portland, Oregon-based nonprofit organization, spearheaded by Michael M Miller. Their primary mission revolves around fundraising and distributing funds to support vocational rehabilitation services. This crucial work enables individuals to regain employment and enhance their livelihoods.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

The Vocational Development Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The overall score is derived entirely from a high Accountability & Finance score of 90%, signaling that the organization operates with transparency and integrity.

Strengths of the foundation include having all board members as independent, ensuring unbiased governance. The organization has robust financial practices, evidenced by the absence of material diversion of assets and the implementation of various policies like conflict of interest and whistleblower protections. Additionally, the foundation demonstrates high program efficiency with 93.70% of expenses going directly to programs and a remarkable fundraising efficiency ratio of $0.00, indicating no costs incurred in fundraising efforts.

No significant limitations were noted in the data, which suggests the foundation maintains excellent financial health and operational practices. The organization enjoys a strong working capital ratio of 20.50 years, indicating sustainability and the ability to support its missions effectively over the long term.


This AI summary has been generated from information found on Charity Navigator.

Is Vocational Development Foundation legitimate?

Vocational Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vocational Development Foundation 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 Vocational Development Foundation?

The Vocational Development Foundation is a non-profit organization dedicated to furthering vocational rehabilitation services. Its primary objective is to raise and distribute funds to support this cause. By focusing on vocational rehabilitation, this foundation aims to help individuals regain employment skills and reintegrate into the workforce. Additionally, its efforts contribute to the overall well-being and independence of those it serves.

What is the revenue of Vocational Development Foundation?

Vocational Development Foundation's revenue in 2024 was $35,119,436.

Who are the executives of Vocational Development Foundation and what are their salaries?

Here are 4 key members and their salaries:


Melinda Kacal (Treas/Tt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Koch (Sec/Tt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael M Miller (Pres/Tt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas C Young (Chairman/Tt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vocational Development Foundation?

Vocational Development Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Vocational Development Foundation

The Vocational Development Foundation, a mission-driven organization, is dedicated to raising and distributing funds to support vocational rehabilitation services. Headquartered by Michael M Miller, this Portland, OR-based foundation prioritizes the importance of employment opportunities for individuals in need.

Through its commendable efforts, the Vocational Development Foundation focuses on making a significant impact on people's lives by providing essential financial resources to aid in their journey towards vocational rehabilitation. By supporting this cause, the organization enables individuals to acquire the necessary skills and training to rejoin the workforce and regain their independence.

Michael M Miller and his team at the Vocational Development Foundation work tirelessly to generate funds and allocate them to deserving organizations that offer vocational rehabilitation services. With a strong dedication to this mission, the foundation plays a crucial role in helping individuals overcome barriers to employment and foster their personal growth. By investing in people's futures, the Vocational Development Foundation contributes to the betterment of communities and the overall economy.

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Impact




October, 2024

The Vocational Development Foundation plays a crucial role in enhancing vocational rehabilitation services, significantly impacting individuals seeking employment. By raising and distributing funds, it provides essential support that facilitates skills training, job placement, and ongoing assistance for those facing barriers to employment.

Based in Portland, OR, and led by Michael M Miller, the foundation works to empower individuals through tailored vocational programs that address their unique challenges. This support not only helps people secure jobs but also fosters their independence and self-sufficiency. By improving access to vocational resources, the foundation contributes to building a more inclusive workforce, ultimately benefiting the broader community and economy.




This information is meant to be a general summary of Vocational Development Foundation. 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.

Revenue
$35,119,436 (2024)
Expenses
$17,242,381 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,386,311
  • Gross Receipts: $111,298,405

Assets and Liabilities:

  • Total Assets: $259,250,538
  • Total Liabilities: $0
  • Net Assets: $259,250,538

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Organization Details

Founding Year

2000

Principal Officer

Michael M Miller

NTEE Category

Code: J30 - Employment

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