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A Better Chance Of Westport Inc

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

EIN: 061603592 ✦ Westport, CT ✦ Designated as a 501(c)(3)

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Overview

What is A Better Chance Of Westport Inc?

A Better Chance of Westport Inc. is a nonprofit organization situated in Westport, Connecticut. Their primary mission is to offer academic opportunities for talented minority high school students hailing from educationally underserved communities. They achieve this by providing a boarding house in Westport, enabling these students to attend the local high school. This experience not only prepares them for further education but also increases their chances of gaining admission to highly competitive colleges. With a team of six dedicated individuals, A Better Chance of Westport Inc. is committed to fostering educational equality and empowering future leaders.


Official website here: www.abetterchanceofwestport.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

A Better Chance Of Westport Inc has received an impressive 97% score, reflecting strong performance in accountability and finance, which is crucial for ensuring donor trust and effective resource management. The organization boasts a fully independent board of directors, with all 20 members meeting the criteria for independence. This governance structure contributes positively to their operational integrity.

The charity demonstrates exceptional fiscal responsibility, with a low liabilities to assets ratio of 0.71% and a high program expense ratio of 89.91%. This indicates that the majority of their expenses are directed towards their programs rather than administrative costs, highlighting their commitment to maximizing the impact of donor contributions.

Additionally, the charity has robust policies in place, including conflict of interest, whistleblower, and document retention policies, which further enhance its transparency and accountability. Overall, A Better Chance Of Westport Inc is positioned as a well-managed organization with a strong focus on governance and financial health.


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

Is A Better Chance Of Westport Inc legitimate?

A Better Chance Of Westport Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Chance Of Westport 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,601

For more financial information, click here


Official website here: www.abetterchanceofwestport.org

What is the mission statement of A Better Chance Of Westport Inc?

A Better Chance of Westport Inc is an organization that provides a residential opportunity for academically talented minority students from educationally underserved communities. Located in Connecticut, this organization allows these students to attend Westport High School. The ultimate goal is to help these students gain admission to highly competitive colleges and universities. By offering a supportive environment, the organization aims to level the playing field and provide these students with the same opportunities as their peers from more privileged backgrounds. Through its boarding house, A Better Chance of Westport Inc strives to break down educational barriers and foster academic success.


Official website here: www.abetterchanceofwestport.org

What is the revenue of A Better Chance Of Westport Inc?

A Better Chance Of Westport Inc's revenue in 2024 was $277,375.


Official website here: www.abetterchanceofwestport.org

Who are the executives of A Better Chance Of Westport Inc and what are their salaries?

The average compensation at A Better Chance Of Westport Inc during 2024 was $11,825. There are 8 employees at A Better Chance Of Westport Inc.

Here are 19 key members and their salaries:


Eric Freeman (President/ Mentor Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Caney (Secretary/ Vp Administration)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Seidman (Vp Fundraising)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Tarsy (Facilities Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Brunwasser (Mentor Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Kim (Database)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Parker (Co-Treasurer / Vp Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alie Diagne (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Langham (Grant Writing Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Gomez (Academic Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariana Napier (Dei Coordinator Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Harris-Jagenberg (Community Liason)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerian Evans (Hr / Compliance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefani Schwartz (Host Family Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Marsick (College Financial Aid Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trammi Nguyen (Scholar Services/Summer Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Gordon-Tolan (Scholar Services/Summer Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Harris-Jagenberg (Community Liason)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Presbury (Board Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abetterchanceofwestport.org

Where can I find the form 990 for A Better Chance Of Westport Inc?

A Better Chance Of Westport Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.abetterchanceofwestport.org

Learn more at the official website: www.abetterchanceofwestport.org

Mission Statement of A Better Chance Of Westport Inc

A Better Chance of Westport Inc is an organization that offers a unique opportunity to academically talented minority students from educationally underserved communities. Situated in an unspecified location, this nonprofit owns a boarding house where these students can reside while attending the prestigious Westport High School. The ultimate goal of A Better Chance of Westport Inc is to provide these students with the chance to eventually gain admission to highly competitive colleges and universities. By offering this opportunity, the organization aims to break the cycle of educational inequality and give these students a chance to reach their full potential. The organization's mission is to provide a supportive environment that allows academically gifted minorities to access top-tier education, thereby opening doors to higher education opportunities.

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Impact




October, 2024

A Better Chance of Westport Inc significantly enhances educational opportunities for academically talented minority students from underserved communities. By providing a supportive boarding environment in Westport, Connecticut, the organization enables these students to attend Westport High School, which offers a rigorous academic curriculum. This experience not only prepares them for success in high school but also equips them with the skills and confidence needed to apply to and thrive in highly competitive colleges and universities.

The impact of this initiative extends beyond individual students, fostering diversity and representation in higher education. By bridging the gap for students who may have been overlooked due to socioeconomic circumstances, A Better Chance of Westport Inc contributes to creating a more equitable educational landscape. The organization plays a crucial role in empowering youth, instilling aspirations, and opening doors that can lead to transformative life experiences and career opportunities for these students.




This information is meant to be a general summary of A Better Chance Of Westport 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.

Revenue
$277,375 (2024)
Expenses
$319,325 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $22,932
  • Gross Receipts: $320,001

Assets and Liabilities:

  • Total Assets: $1,949,937
  • Total Liabilities: $7,745
  • Net Assets: $1,942,192

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Organization Details

Founding Year

2000

Principal Officer

Alie Diagne

NTEE Category

Code: O50 - Youth development

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