Overview
What is A Better Chance Of Wilton Inc?
A Better Chance of Wilton Inc. is a nonprofit organization based in Wilton, Connecticut. Established in 1996, the organization provides academic opportunities for minority high school students, enabling them to attend Wilton High School and subsequently pursue education at highly competitive colleges and universities. Operating under Section 501(C)(3) of the Internal Revenue Code, A Better Chance of Wilton is fully funded by donations and relies on countless volunteers to maintain its operations. The organization offers housing in Wilton, Connecticut, providing a platform for academically talented minority students to attend a nationally ranked high school and further their education at top-tier institutions.
Official website here: www.abcwilton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
A Better Chance Of Wilton Inc has achieved a score of 83% from Charity Navigator, reflecting a solid Three-Star rating. This score is derived solely from the Accountability & Finance beacon, where the organization excels in several key areas, such as having a fully independent board and a high program expense ratio of 90.65%. These factors indicate a strong commitment to financial accountability and effective use of funds toward their mission.
However, while the organization demonstrates strengths in governance and financial health, there are notable limitations. The absence of crucial policies such as a whistleblower policy and document retention and destruction policy has impacted its overall score in the Accountability & Finance assessment. Additionally, the organization has not made its tax form accessible on its website, which may limit transparency for potential donors and stakeholders.
Despite these shortcomings, A Better Chance Of Wilton Inc's robust independent board and low liabilities relative to assets suggest that it is well-managed and financially stable. The organization appears dedicated to its mission, and continued improvements in compliance and transparency could enhance its rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is A Better Chance Of Wilton Inc legitimate?
A Better Chance Of Wilton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Chance Of Wilton 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:
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Other Salaries and Wages: $42,091
For more financial information, click here
Official website here: www.abcwilton.org
What is the mission statement of A Better Chance Of Wilton Inc?
A Better Chance of Wilton Inc, a non-profit organization under Section 501(C)(3) of the Internal Revenue Code, has a mission to enrich the lives of academically talented minority students. This is achieved by providing housing and an opportunity for these students to attend a nationally ranked high school, Wilton High School, and subsequently, attend highly competitive colleges. The organization operates through donations and the dedicated work of countless volunteers. Its primary goal is to ensure that academically gifted minority students have access to quality education, thereby opening doors to higher education opportunities.
Official website here: www.abcwilton.org
What is the revenue of A Better Chance Of Wilton Inc?
A Better Chance Of Wilton Inc's revenue in 2024 was $70,866.
Official website here: www.abcwilton.org
Who are the executives of A Better Chance Of Wilton Inc and what are their salaries?
The average compensation at A Better Chance Of Wilton Inc during 2024 was $21,046. There are 2 employees and 11 volunteers at A Better Chance Of Wilton Inc.
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Official website here: www.abcwilton.org
Where can I find the form 990 for A Better Chance Of Wilton Inc?
A Better Chance Of Wilton Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.abcwilton.org
Learn more at the official website: www.abcwilton.org
Mission Statement of A Better Chance Of Wilton Inc
A Better Chance of Wilton, a non-profit organization under Section 501(C)(3) of the Internal Revenue Code, has a mission to enrich the lives of academically talented minority students. Established in 1996, this organization is fully funded by donations and operates with the dedication of numerous volunteers. Its primary goal is to provide housing in Wilton, Connecticut, allowing these students to attend Wilton High School, a nationally ranked institution. This opportunity not only equips them with a solid academic foundation but also opens the door for further education at highly competitive colleges and universities. By offering this chance, A Better Chance of Wilton empowers these minority students, enabling them to reach their full academic potential and build a promising future.
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Impact
October, 2024
A Better Chance of Wilton, Inc. has significantly impacted the academic landscape for minority high school students by providing them with vital opportunities for education and personal growth. Since its inception in 1996, the organization has facilitated the enrollment of academically talented minority students in Wilton High School, which is nationally recognized for its educational excellence.
Through its program, A Better Chance of Wilton offers not only housing in the community but also a supportive environment that fosters academic achievement and prepares students for the rigors of highly competitive colleges and universities. This initiative helps to break down barriers to education and creates a diverse academic environment where students can thrive.
The commitment of volunteers and donations ensures that these students receive the resources they need to succeed, from mentorship to academic support. The success of the scholars who graduate from this program reflects a broader social impact by promoting diversity in higher education and contributing to greater inclusivity within academic institutions and beyond. A Better Chance of Wilton, therefore, plays a crucial role in shaping the futures of its scholars and enriching the community as a whole.
This information is meant to be a general summary of A Better Chance Of Wilton 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: $37,493
- Gross Receipts: $1,116,009
Assets and Liabilities:
- Total Assets: $1,222,222
- Total Liabilities: $9,926
- Net Assets: $1,212,296
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Organization Details
Founding Year
1996
Principal Officer
Nancy Peters
Website
www.abcwilton.orgNTEE Category
Code: B82 - Education
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