nonprofit logo

2Xsalt Inc

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

EIN: 432023021 ✦ Monroe, NC ✦ Designated as a 501(c)(3)

Overview

What is 2Xsalt Inc?

2Xsalt Inc, situated in Monroe, North Carolina, is a nonprofit organization dedicated to empowering the unemployed and underemployed. Their primary focus lies in providing comprehensive job skill training, encompassing various aspects such as culinary arts, beverage service, hospitality, catering, and community outreach. The organization's mission is to foster employment opportunities and encourage volunteering, aiming to uplift individuals in need. With just two dedicated employees, 2Xsalt Inc plays a significant role in skill development and job placement within its community.


Official website here: www.2xsalt.org

Is 2Xsalt Inc legitimate?

2Xsalt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2Xsalt 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.

Here are some key statistics you may want to consider:

Executive Compensation: $75,794
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,311

For more financial information, click here


Official website here: www.2xsalt.org

What is the mission statement of 2Xsalt Inc?

2XSalt Inc, as a non-profit organization, focuses on mentoring and facilitating job skill training in various fields such as culinary arts, beverage service, hospitality service, catering, and community outreach. Their primary goal is to create employment opportunities and volunteer opportunities for the unemployed and under-employed individuals. By providing this training, 2XSalt Inc aims to empower individuals, enabling them to improve their livelihoods and contribute positively to their communities.


Official website here: www.2xsalt.org

Who is the CEO of 2Xsalt Inc?

Bart Kofoed is the President of 2Xsalt Inc.


Official website here: www.2xsalt.org

What is the revenue of 2Xsalt Inc?

2Xsalt Inc's revenue in 2021 was $631,783.


Official website here: www.2xsalt.org

Who are the executives of 2Xsalt Inc and what are their salaries?

The average compensation at 2Xsalt Inc during 2021 was $42,552. There are 2 employees and 20 volunteers at 2Xsalt Inc.

There is 1 key member and their salary:

    Bart Kofoed (President) [Trustee/Director]
  • Compensation: $72,000
  • Related: $0
  • Other: $3,794


  • Official website here: www.2xsalt.org

    Where can I find the form 990 for 2Xsalt Inc?

    The 2Xsalt Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.2xsalt.org

    Learn more at the official website: www.2xsalt.org

    Mission Statement of 2Xsalt Inc

    2Xsalt Inc, a non-profit organization, is dedicated to empowering the unemployed and under-employed individuals by providing mentorship and facilitating job skill training in various fields. Their primary focus areas include the culinary arts, beverage service, hospitality service, catering, and community outreach. The organization's mission is to create ample employment opportunities and volunteer chances for those in need, thereby contributing to their personal growth and development. By offering comprehensive job skill training, 2Xsalt Inc aims to equip individuals with the necessary skills to secure stable employment, thereby enhancing their financial stability and overall quality of life.

    Impact

    This information is meant to be a general summary of 2Xsalt Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    2Xsalt Inc's impact is significant in the community of Monroe, NC. Through its mentoring and job skill training programs in culinary arts, beverage service, hospitality service, catering, and community outreach, 2Xsalt Inc is actively creating employment opportunities for the unemployed and under-employed individuals. By providing valuable skills and support, this organization is helping individuals in need to secure jobs and improve their economic circumstances. Additionally, 2Xsalt Inc's focus on community outreach and volunteer opportunities further enriches the local area and promotes a spirit of giving back. This holistic approach to empowerment and support is making a tangible difference in the lives of many individuals in Monroe.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $615,083
  • Gross Receipts: $631,783

    • Assets and Liabilities:
  • Total Assets: $2,267,833
  • Total Liabilities: $5,834
  • Net Assets: $2,261,999
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Grinning Mule Income

    Revenue

    $615,083

    Organization Details

    Founding Year

    2003

    Principal Officer

    Bart Kofoed

    Main Address

    6030 Abbey Way, Monroe, NC, 28110

    NTEE Category

    Code: N20 - Recreation

    If you are a representative of 2Xsalt Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.