Overview
What is A Chance In Lifeinc?
A Chance in Lifeinc is a nonprofit organization situated in New York, dedicated to supporting disadvantaged, poor, and at-risk children worldwide. Their mission involves raising funds and contributions to make lasting, positive differences in these children's lives, their families, and their communities, either directly or through humanitarian organizations and instrumentalities. They operate on a global scale, aiding various projects in Italy, Ethiopia, Uganda, India, and Latin America. Their support includes providing food, clothing, scholarships, lodging, and medical and psychological assistance to the children involved. The organization operates with a team of nine individuals, emphasizing their commitment to bettering the lives of underprivileged children worldwide.
Official website here: www.achanceinlife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
A Chance In Life has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a perfect score of 100 in this category. The organization demonstrates robust governance practices, including a fully independent board and the implementation of essential policies such as conflict of interest and whistleblower protections. Financial health indicators, such as a low liabilities to assets ratio and high program expense ratio, suggest that the majority of their resources are effectively directed towards their mission.
The nonprofit focuses on empowering marginalized and at-risk youth globally through education, healthcare, and leadership development. With an impactful mission and vision, A Chance In Life emphasizes the importance of equal opportunities for all children, aiming to nurture future leaders within their communities. The organization also scores well in areas related to leadership and adaptability, indicating a solid capacity to respond to changing needs.
While the organization's financial metrics and governance are impressive, the Impact & Measurement Score of 75 suggests there may be room for improvement in measuring the effectiveness and outcomes of its programs. Overall, A Chance In Life is a well-managed nonprofit dedicated to making a significant impact in the lives of vulnerable youth.
This AI summary has been generated from information found on Charity Navigator.
Is A Chance In Lifeinc legitimate?
A Chance In Lifeinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Chance In Lifeinc 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: $283,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,508
For more financial information, click here
Official website here: www.achanceinlife.org
What is the mission statement of A Chance In Lifeinc?
A Chance In Lifeinc's mission is centered around raising funds and contributions to support disadvantaged, poor, and at-risk children, their families, and communities worldwide. The organization aims to make lasting, positive changes in their lives, either directly or through other humanitarian organizations. In addition to this, A Chance In Lifeinc engages in charitable, scientific, literary, or educational activities, as per Section 501(C)(3) of the Internal Revenue Code. The primary objective is to provide a chance in life for these children and communities, aiming to bring about significant and enduring improvements.
Official website here: www.achanceinlife.org
Who is the CEO of A Chance In Lifeinc?
Gabriele Delmonaco is the President/Ce of A Chance In Lifeinc.
Official website here: www.achanceinlife.org
What is the revenue of A Chance In Lifeinc?
A Chance In Lifeinc's revenue in 2022 was $3,523,023.
Official website here: www.achanceinlife.org
Who are the executives of A Chance In Lifeinc and what are their salaries?
The average compensation at A Chance In Lifeinc during 2022 was $78,987. There are 9 employees at A Chance In Lifeinc.
Here are 17 key members and their salaries:
- Compensation: $234,792
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- Other: $48,587
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- Other: $4,250
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Official website here: www.achanceinlife.org
Where can I find the form 990 for A Chance In Lifeinc?
A Chance In Lifeinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.achanceinlife.org
Learn more at the official website: www.achanceinlife.org
Mission Statement of A Chance In Lifeinc
A Chance In Lifeinc, as a charitable organization, is dedicated to making a lasting, positive impact in the lives of disadvantaged, poor, and at-risk children, their families, and their communities. The organization's mission is twofold. Firstly, it aims to collect funds and contributions to support initiatives worldwide, providing opportunities for these children to improve their lives directly or through other humanitarian organizations and instrumentalities. Secondly, A Chance In Lifeinc engages in activities that fall under the charitable, scientific, literary, or educational categories, as defined by Section 501(C)(3) of the Internal Revenue Code. In essence, this nonprofit organization works tirelessly to create chances for underprivileged children and communities to lead better lives.
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Impact
July, 2024
A Chance In Lifeinc makes a significant impact by supporting disadvantaged, poor, and at-risk children around the world. Through various programs and initiatives, the organization provides food, clothing, scholarships, lodging, and medical and psychological assistance to those in need. Specifically, A Chance In Lifeinc supports approximately 73 boys and girls in Italy, 480 children in Ethiopia, 10 girls in Uganda, 1,341 children in India, and 1,515 children in Latin America.
By focusing on providing essential support and resources to children and their families, A Chance In Lifeinc aims to make lasting, positive differences in their lives and communities. This compassionate work not only changes individual lives but also contributes to creating a better future for those facing challenging circumstances.
This information is meant to be a general summary of A Chance In Lifeinc. 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: $197,169
- Gross Receipts: $4,563,529
Assets and Liabilities:
- Total Assets: $3,545,881
- Total Liabilities: $108,806
- Net Assets: $3,437,075
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Organization Details
Founding Year
1951
Phone
(212) 980-8770Principal Officer
Gabriele Delmonaco
Main Address
250 EAST 63RD STREET STE 204, NEW YORK, NY, 10065
Website
www.achanceinlife.orgNTEE Category
Code: P30J - Human services
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