Overview
What is Sponsors For Educational Opportunity Inc?
Sponsors for Educational Opportunity Inc, a nonprofit organization, is based on supporting young individuals from underprivileged backgrounds through supplemental educational and career assistance. They strive to make a difference in their community by offering essential resources and guidance. The organization's mission is clear: providing an extra edge to help young people succeed academically and professionally. Their services extend beyond the classroom, enriching lives and opening doors to opportunities that may have otherwise been inaccessible.
Official website here: www.seo-usa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
Sponsors For Educational Opportunity Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity excels in its Accountability & Finance score, with a perfect 100%, highlighting the effectiveness of its financial oversight and governance practices. The organization boasts a fully independent board and has demonstrated transparency in its financial reporting, which are significant strengths.
The charity also receives a high score in Culture & Community, reflecting its positive organizational culture and community engagement. With a score of 93, it shows a commitment to fostering an inclusive and responsive environment for its participants. Furthermore, it demonstrates a robust investment in leadership development, which is crucial for sustainability and growth in the nonprofit sector.
However, the Leadership & Adaptability score, although perfect at 100, suggests that while the organization has adapted well to external challenges, it may have room for improvement in how it displays this adaptability to stakeholders. Overall, the organization appears to be well-managed, with a strong focus on its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sponsors For Educational Opportunity Inc?
92% of reviewers on Facebook recommend Sponsors For Educational Opportunity Inc. Here is a summary of their feedback:
Many individuals express a strong appreciation for the organization's commitment to supporting educational opportunities. Comments reflect a desire for the nonprofit to extend its sponsorship programs to areas with significant educational needs, indicating that the work being done is valued and has a positive impact on communities lacking resources.
The overall sentiment suggests that this nonprofit is making a meaningful difference in the lives of children who would otherwise miss out on educational opportunities. Supporters are eager to see the organization expand its reach to more underserved areas, emphasizing the importance of education as a pathway to improve futures.
This AI summary has been generated from reviews found on Facebook.
Is Sponsors For Educational Opportunity Inc legitimate?
Sponsors For Educational Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sponsors For Educational Opportunity 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: $3,142,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,898,154
For more financial information, click here
Official website here: www.seo-usa.org
What is the mission statement of Sponsors For Educational Opportunity Inc?
Sponsors for Educational Opportunity Inc is a nonprofit organization committed to enhancing the educational experiences and career prospects of young individuals hailing from disadvantaged communities. Through its mission, the organization offers supplementary educational support to help these young people thrive and reach their full potential. By providing essential resources and guidance, SEO empowers the next generation to overcome challenges and build a solid foundation for their future. The organization's primary goal is to level the playing field and create opportunities for academic success and career advancement. By fostering a supportive learning environment and fostering essential skills, SEO aims to make a meaningful difference in the lives of countless young people.
Official website here: www.seo-usa.org
Who is the CEO of Sponsors For Educational Opportunity Inc?
William A Goodloe is the President & Ceo of Sponsors For Educational Opportunity Inc. The CEO's salary of Sponsors For Educational Opportunity Inc is $490,444 and their total compensation is $542,756.
Official website here: www.seo-usa.org
What is the revenue of Sponsors For Educational Opportunity Inc?
Sponsors For Educational Opportunity Inc's revenue in 2022 was $43,724,114.
Official website here: www.seo-usa.org
Who are the executives of Sponsors For Educational Opportunity Inc and what are their salaries?
The average compensation at Sponsors For Educational Opportunity Inc during 2022 was $42,880. There are 514 employees and 492 volunteers at Sponsors For Educational Opportunity Inc.
Here are 46 key members and their salaries (Sponsors For Educational Opportunity Inc's CEO's salary is $490,444 and their total compensation is $542,756):
- Compensation: $490,444
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- Other: $52,312
- Compensation: $324,010
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- Compensation: $287,162
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- Compensation: $217,687
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- Compensation: $235,495
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- Compensation: $215,540
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- Compensation: $188,421
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- Compensation: $170,944
- Related: $0
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- Compensation: $169,787
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- Compensation: $163,249
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- Compensation: $172,161
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Official website here: www.seo-usa.org
Where can I find the form 990 for Sponsors For Educational Opportunity Inc?
Sponsors For Educational Opportunity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seo-usa.org
Learn more at the official website: www.seo-usa.org
Mission Statement of Sponsors For Educational Opportunity Inc
Sponsors for Educational Opportunity (SEO), a nonprofit organization, is committed to enhancing the educational journeys of young people hailing from underprivileged backgrounds. Through its mission, SEO aims to offer additional educational and career assistance to help these individuals thrive.
In essence, SEO serves as a beacon of hope for youngsters facing challenges in their academic pursuits. By providing them with essential resources and support, this esteemed organization enables these students to reach their full potential. The team at SEO is passionate about making a difference in the lives of these young people, empowering them to overcome obstacles and succeed in their educational and professional endeavors.
The commitment of Sponsors for Educational Opportunity extends beyond mere academic support. It embraces a holistic approach, focusing on the long-term growth and success of the students it serves. By offering mentorship, career guidance, and skills development, SEO ensures that the young people it supports are not only able to succeed in their education but also in their future careers.
Through its dedicated efforts, Sponsors for Educational Opportunity has become a valuable asset to the communities it serves. By providing essential resources and support to those in need, it helps bridge the gap between opportunity and access, paving the way for a brighter future for underserved youth.
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Impact
October, 2024
Sponsors For Educational Opportunity Inc (SEO) has a significant impact on young people from underserved communities by providing essential supplemental educational and career support. Through a variety of programs, SEO helps enhance academic performance, foster personal development, and improve access to higher education and career opportunities. By equipping young individuals with the resources and mentorship they need to succeed, SEO addresses systemic barriers and empowers participants to achieve their full potential. The organization plays a crucial role in bridging educational gaps, enhancing workforce readiness, and ultimately contributing to the economic mobility of the communities it serves.
This information is meant to be a general summary of Sponsors For Educational Opportunity 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: $393,725
- Gross Receipts: $45,696,876
Assets and Liabilities:
- Total Assets: $71,324,699
- Total Liabilities: $5,966,403
- Net Assets: $65,358,296
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Organization Details
Founding Year
1965
Phone
(212) 929-2040Principal Officer
William A Goodloe
Main Address
55 EXCHANGE PLACE, NEW YORK, NY, 10005
Website
www.seo-usa.orgNTEE Category
Code: B84 - Education
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