Overview
What is Amherst Committee For A Better Chance Inc?
Amherst Committee For A Better Chance Inc is a small nonprofit organization situated in Amherst, Massachusetts. Their primary mission is to support six to eight high school students from economically disadvantaged communities, offering them a nurturing environment as they attend Amherst High School. This assistance includes providing essential living amenities such as room and board, along with supervision to ensure their well-being. The organization's goal is to empower these students with the opportunity to receive quality education and ultimately better their lives. The Amherst Committee For A Better Chance Inc operates with a dedicated team of one individual.
Official website here: www.amherstabetterchance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This score indicates a solid level of accountability and finance management within the Amherst Committee For A Better Chance Inc. The rating is primarily derived from a single beacon score, which emphasizes the organization's financial practices and governance structures.
The organization boasts a fully independent board with 23 members, which contributes to strong accountability practices. Additionally, it has a favorable program expense ratio of 76.53%, meaning a significant portion of its funds is allocated to its programs rather than administrative costs. However, there are notable gaps in governance policies, including the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which have impacted its overall score.
While the charity demonstrates excellent financial health and operational transparency through its board composition and low liabilities, the missing governance policies suggest areas for improvement. Strengthening these policies could enhance its accountability and bolster confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Amherst Committee For A Better Chance Inc legitimate?
Amherst Committee For A Better Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amherst Committee For A Better Chance 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: $0
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Other Salaries and Wages: $15,870
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Official website here: www.amherstabetterchance.org
What is the mission statement of Amherst Committee For A Better Chance Inc?
The Amherst Committee For A Better Chance Inc is dedicated to providing a supportive environment for high school students from economically disadvantaged backgrounds. This is achieved by offering them accommodation, meals, and supervision, enabling them to attend Amherst High School. The organization's mission is to empower these students, providing them with the necessary resources to succeed academically. By doing so, Amherst Committee For A Better Chance Inc aims to bridge the gap between these students and their more affluent peers, thereby fostering equality in education.
Official website here: www.amherstabetterchance.org
What is the revenue of Amherst Committee For A Better Chance Inc?
Amherst Committee For A Better Chance Inc's revenue in 2024 was $182,416.
Official website here: www.amherstabetterchance.org
Who are the executives of Amherst Committee For A Better Chance Inc and what are their salaries?
The average compensation at Amherst Committee For A Better Chance Inc during 2024 was $7,935. There are 2 employees and 20 volunteers at Amherst Committee For A Better Chance Inc.
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Official website here: www.amherstabetterchance.org
Where can I find the form 990 for Amherst Committee For A Better Chance Inc?
Amherst Committee For A Better Chance Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.amherstabetterchance.org
Learn more at the official website: www.amherstabetterchance.org
Mission Statement of Amherst Committee For A Better Chance Inc
Amherst Committee For A Better Chance Inc, as a nonprofit organization, is committed to providing a supportive environment for high school students from economically disadvantaged backgrounds. This mission is fulfilled by offering them room, board, and close supervision, enabling them to attend Amherst High School. By doing so, Amherst ABC aims to provide these students with the opportunity to access quality education, thereby empowering them to overcome their economic challenges and pave a pathway to a better future.
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Impact
October, 2024
Amherst Committee For A Better Chance Inc provides critical support for high school students from economically disadvantaged neighborhoods, offering them a safe and nurturing environment. By facilitating room and board, the organization ensures that these students can focus on their education at Amherst High School without the burdens of housing instability. The supervised environment fosters a sense of community and mentorship, helping students navigate the challenges of academic life while encouraging personal development. This initiative makes a significant difference in the lives of six to eight scholars each year, empowering them to pursue their education effectively and paving the way for brighter futures.
This information is meant to be a general summary of Amherst Committee For A Better Chance 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 2024.
- Investment Income: $1,755
- Gross Receipts: $186,528
Assets and Liabilities:
- Total Assets: $817,065
- Total Liabilities: $0
- Net Assets: $817,065
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Organization Details
Founding Year
1968
Principal Officer
Keith Nesbitt
Website
www.amherstabetterchance.orgNTEE Category
Code: B25K - Education
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