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Kaplan Educational Foundation

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

EIN: 200495155 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Kaplan Educational Foundation?

Kaplan Educational Foundation is a nonprofit organization situated in New York City, specifically at 623 BROADWAY 2ND FLOOR, NY 10012. Its primary mission is to remove barriers to higher education for underprivileged students, empowering them to become influential leaders and advocates for their communities. The foundation achieves this goal by offering a wide range of financial and academic support, transfer admissions, advisory services, and leadership skills development. By providing these resources, Kaplan Educational Foundation aims to foster the growth and success of deserving college students with demonstrated financial needs.


Official website here: www.kaplanedfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)

The Kaplan Educational Foundation has achieved a commendable Three-Star rating from Charity Navigator, signaling strong performance in accountability and finance. The organization's overall score is derived entirely from its accountability metrics, which include a variety of governance and financial practices. Notably, the foundation boasts a fully independent board and has implemented solid oversight mechanisms, demonstrating a commitment to transparency and ethical management.

User feedback highlights the foundation's effective work in supporting community college students in their transitions to four-year universities, with a particular focus on ensuring their graduation. A donor expressed appreciation for the foundation’s outreach and communication, noting the high success rates of its programs. This connection between the organization and its beneficiaries appears to foster a sense of community and personal investment from staff and supporters alike.

However, while the program expense ratio indicates that a significant portion of the budget goes towards programmatic efforts, it slightly falls short of optimal standards. This may warrant attention to ensure that the foundation continues to maximize its resources for student support. Overall, the Kaplan Educational Foundation is recognized for its impactful work and robust governance practices, making it a worthy consideration for potential donors and volunteers.


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

Is Kaplan Educational Foundation legitimate?

Kaplan Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaplan Educational Foundation 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: $205,925
Professional Fundraising Fees: $71,500
Other Salaries and Wages: $376,292

For more financial information, click here


Official website here: www.kaplanedfoundation.org

What is the mission statement of Kaplan Educational Foundation?

The Kaplan Educational Foundation's mission is centered around eliminating barriers to higher education for underprivileged students. By providing a comprehensive array of financial and academic support, transfer admissions, advising, and leadership skills development, the foundation aims to cultivate these students into world leaders and advocates for their communities. Their goal is to equip these individuals with the necessary resources to succeed in their academic pursuits and make meaningful impacts in their communities.


Official website here: www.kaplanedfoundation.org

Who is the CEO of Kaplan Educational Foundation?

Nolvia L Delgado is the Director of Kaplan Educational Foundation.


Official website here: www.kaplanedfoundation.org

What is the revenue of Kaplan Educational Foundation?

Kaplan Educational Foundation's revenue in 2022 was $561,514.


Official website here: www.kaplanedfoundation.org

Who are the executives of Kaplan Educational Foundation and what are their salaries?

There 25 volunteers at Kaplan Educational Foundation.


Here are 10 key members and their salaries:


Christopher Neumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Bervell Mensah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Elish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Rosenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Markowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon-Paul Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mack (Chairman, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yael Aufgang (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Togni (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lee Sanchez (Executive Director)
  • Compensation: $152,137
  • Related: $0
  • Other: $27,363


Official website here: www.kaplanedfoundation.org

Where can I find the form 990 for Kaplan Educational Foundation?

Kaplan Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kaplanedfoundation.org

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

Mission Statement of Kaplan Educational Foundation

Kaplan Educational Foundation, a nonprofit organization, is committed to eliminating barriers to higher education for overlooked and under-served students. Their mission is to develop these students into world leaders and advocates for their communities. To achieve this, they provide a comprehensive array of financial and academic support, transfer admissions, advising, and leadership skills development. By doing so, Kaplan Educational Foundation aims to empower these students, equipping them with the necessary tools to excel in their educational pursuits and make a positive impact in their communities.

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Impact




July, 2024

The Kaplan Educational Foundation's impact is significant in providing academic and financial support to strong college students with demonstrated need. By eliminating barriers to higher education for overlooked and under-served students, the foundation is developing them as world leaders and advocates for their communities. Through a comprehensive array of financial and academic support, transfer admissions, advising, and leadership skills development, the foundation is making a meaningful difference in the lives of students who would otherwise face obstacles in pursuing their educational goals.




This information is meant to be a general summary of Kaplan Educational Foundation. 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
$561,514 (2022)
Expenses
$891,390 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $248,317
  • Gross Receipts: $923,054

Assets and Liabilities:

  • Total Assets: $4,769,790
  • Total Liabilities: $204,352
  • Net Assets: $4,565,438

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Organization Details

Founding Year

2003

Principal Officer

Nolvia L Delgado

Main Address

623 BROADWAY 2ND FLOOR, NEW YORK, NY, 10012

NTEE Category

Code: T20 - Philanthropy

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