Overview
What is Village Initiative Project Inc?
Village Initiative Project Inc is a nonprofit organization, committed to aiding over 390 students in their college preparation journey. Through various initiatives, they extend their support beyond these students, impacting a larger number of individuals. Their college tours expose more than 2250 students to over 48 educational institutions, broadening their horizons. Furthermore, they offer SAT preparation and tutoring services, equipping students with essential skills for college entrance exams. In addition, Village Initiative Project Inc sponsors a youth program, extending their reach and impact within the community.
What are the reviews and ratings of this charity?
79% - Three-Star out of Four Star Rating
Village Initiative Project Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a total score of 79%, the organization excels in maintaining high standards, particularly in its management and oversight practices. The charity's board is composed entirely of independent members, reinforcing its commitment to ethical governance.
The nonprofit demonstrates transparency and sound financial management, evidenced by its perfect scores in areas such as financial statements review and the absence of material asset diversion. Additionally, it upholds strong policies regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to its overall accountability rating.
One notable strength is the charity's program expense ratio of 92.29%, meaning that a significant majority of its expenses are directed toward its programs rather than administrative costs. This focus on programmatic spending showcases its dedication to fulfilling its mission, although further details regarding its specific programs and impact would provide a fuller understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Village Initiative Project Inc legitimate?
Village Initiative Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Initiative Project 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: $88,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,736
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What is the mission statement of Village Initiative Project Inc?
The Village Initiative Project Inc, in its mission, focuses on providing college preparation assistance to over 390 students. They further expand this initiative by sponsoring college tours, allowing over 2250 students to explore over 48 colleges. Additionally, the organization offers Sat preparation and tutoring services to aid students in their academic pursuits. Furthermore, Village Initiative Project Inc also sponsors a youth program.
Who is the CEO of Village Initiative Project Inc?
Ciara Walker is the Treasurer of Village Initiative Project Inc.
What is the revenue of Village Initiative Project Inc?
Village Initiative Project Inc's revenue in 2022 was $780,422.
Who are the executives of Village Initiative Project Inc and what are their salaries?
The average compensation at Village Initiative Project Inc during 2022 was $6,875. There are 49 employees and 14 volunteers at Village Initiative Project Inc.
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Where can I find the form 990 for Village Initiative Project Inc?
Village Initiative Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Village Initiative Project Inc
Village Initiative Project, a nonprofit organization, is dedicated to providing college preparation services for a significant number of students. Their mission involves offering comprehensive college prep training to over 390 students, thereby equipping them with the necessary skills and knowledge for higher education. Beyond this, the organization extends its reach by sponsoring three college tours annually. These tours expose over 2250 students to a diverse range of over 48 colleges, broadening their perspectives and increasing their awareness of higher education opportunities. Moreover, Village Initiative Project provides Sat preparation and tutoring services for these students, ensuring they are well-prepared for the required entrance exams. Additionally, the organization sponsors a youth program, further expanding its scope of services and contributing to the overall development of young individuals.
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Impact
July, 2024
The Village Initiative Project Inc has had a significant impact on the education sector in Bridgeport, CT. They have provided college prep training for over 390 students, sponsored 3 college tours that exposed more than 2250 students to over 48 colleges, offered SAT preparation and tutoring services for students, and sponsored a youth program. Through these initiatives, they have helped students in their community access higher education opportunities and achieve their academic goals.
This information is meant to be a general summary of Village Initiative Project 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 2022.
- Investment Income: $22
- Gross Receipts: $780,422
Assets and Liabilities:
- Total Assets: $118,523
- Total Liabilities: $168,279
- Net Assets: -$49,756
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Organization Details
Founding Year
2001
Principal Officer
Ciara Walker
Main Address
1000 LAFAYTTE BLVD STE 408, Bridgeport, CT, 06604
NTEE Category
Code: B99 - Education
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