Overview
What is Ace Mentor Program Of Greater New York Inc?
Ace Mentor Program of Greater New York Inc. is a nonprofit organization situated in New York City, specifically at 1325 Avenue of the Americas 2755. Their primary mission is to inspire and support high school students in pursuing careers in architecture, construction, or engineering. They achieve this by offering a mentoring program and granting college scholarships to students who excel in this program. With a team of five dedicated individuals, the organization aims to foster the growth and development of young talents in these fields.
Official website here: www.acementor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The Ace Mentor Program of Greater New York Inc. has received an 87% score, reflecting a strong commitment to accountability and financial management. The organization benefits from a fully independent board consisting of 100% independent members, which is a significant strength. Additionally, it has achieved perfect scores in areas such as financial statements review, material diversion of assets, and conflict of interest policies, demonstrating robust governance practices.
Financially, the program shows a healthy liabilities to assets ratio of 0.36%, indicating stability. However, while the program expense ratio is 66.30%, which suggests a focus on program activities, it also indicates that there is room for improvement in managing expenses related to the overall mission. Overall, the Ace Mentor Program has established itself as a trustworthy and well-managed organization, although attention to certain financial metrics could further enhance its operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Ace Mentor Program Of Greater New York Inc legitimate?
Ace Mentor Program Of Greater New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Mentor Program Of Greater New York 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: $136,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,418
For more financial information, click here
Official website here: www.acementor.org
What is the mission statement of Ace Mentor Program Of Greater New York Inc?
Ace Mentor Program Of Greater New York Inc aims to inspire high school students towards pursuing careers in architecture, construction, or engineering. They achieve this by offering a mentoring program and providing scholarships to students who excel in the mentoring program. The organization's mission is to encourage academic growth and professional development in these fields, fostering a supportive environment that helps students succeed. By pairing students with industry professionals, Ace Mentor Program encourages hands-on learning and career exploration, ultimately empowering young individuals to pursue their dreams in these fields.
Official website here: www.acementor.org
Who is the CEO of Ace Mentor Program Of Greater New York Inc?
Susan Veres Royal is the Chairman of Ace Mentor Program Of Greater New York Inc.
Official website here: www.acementor.org
What is the revenue of Ace Mentor Program Of Greater New York Inc?
Ace Mentor Program Of Greater New York Inc's revenue in 2022 was $508,880.
Official website here: www.acementor.org
Who are the executives of Ace Mentor Program Of Greater New York Inc and what are their salaries?
The average compensation at Ace Mentor Program Of Greater New York Inc during 2022 was $54,422. There are 5 employees and 200 volunteers at Ace Mentor Program Of Greater New York Inc.
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Official website here: www.acementor.org
Where can I find the form 990 for Ace Mentor Program Of Greater New York Inc?
Ace Mentor Program Of Greater New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acementor.org
Learn more at the official website: www.acementor.org
Mission Statement of Ace Mentor Program Of Greater New York Inc
Ace Mentor Program of Greater New York Inc, a distinguished organization, is committed to providing a mentoring and scholarship program aimed at encouraging high school students to pursue careers in architecture, construction, or engineering. By offering a mentoring program and college scholarships to students who excel within this mentorship, the organization seeks to inspire and empower the next generation of professionals in these fields. Through this comprehensive program, Ace Mentor Program of Greater New York Inc strives to foster a supportive environment that encourages students to reach their full potential and pursue their dreams in architecture, construction, or engineering.
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Impact
July, 2024
The Ace Mentor Program Of Greater New York Inc has a significant impact on high school students by providing a mentoring and scholarship program aimed at encouraging them to pursue a career in architecture, construction, or engineering. Through this program, students receive valuable mentorship that helps them develop necessary skills and knowledge in these fields. Additionally, the provision of college scholarships to successful program participants further supports their educational pursuits and professional aspirations. This holistic approach not only empowers students to explore career paths in architecture, construction, and engineering but also opens doors to higher education opportunities, ultimately shaping the future workforce in these industries.
This information is meant to be a general summary of Ace Mentor Program Of Greater New York 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: $469
- Gross Receipts: $675,107
Assets and Liabilities:
- Total Assets: $458,447
- Total Liabilities: $0
- Net Assets: $458,447
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Organization Details
Founding Year
1995
Phone
(212) 696-1207Principal Officer
Susan Veres Royal
Main Address
1325 AVENUE OF THE AMERICAS 2755, NEW YORK, NY, 10019
Website
www.acementor.orgNTEE Category
Code: B82 - Education
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