Overview
What is Southcoast Mentoring Initiative For Learning Education And Service Inc?
Southcoast Mentoring Initiative For Learning Education And Service Inc, often referred to as SMILES, is a nonprofit organization situated in Fall River, Massachusetts. The primary mission of SMILES is to reduce the school dropout rate in the Southcoast region of Massachusetts. They achieve this goal by pairing qualified adult mentors with at-risk youth. By focusing on mentoring as a primary strategy, SMILES aims to make a significant impact on the local education system. The organization's activities and mission are deeply rooted in the belief that mentoring can be an effective tool in supporting school children, ultimately contributing to a decrease in the dropout rate.
Official website here: www.peopleincfr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Southcoast Mentoring Initiative for Learning Education and Service Inc has achieved a strong overall rating of 92%, reflecting its commitment to accountability and financial health. The organization boasts a fully independent board, with 100% of its members being independent, which is a positive indicator of its governance practices. Additionally, it has no reported material diversion of assets, highlighting its integrity in financial management.
Financially, the organization demonstrates effective management with a liabilities to assets ratio of 35.17%, suggesting a solid balance sheet. Its program expense ratio stands at 66.17%, indicating that a significant portion of its budget is allocated directly to program services, although it falls slightly short of optimal performance in this area.
Overall, the Southcoast Mentoring Initiative is well-regarded for its governance and transparency, as evidenced by its comprehensive policies and practices regarding conflict of interest and whistleblowing. However, potential donors and stakeholders may wish to monitor the program expense ratio to ensure that the majority of funds are consistently directed towards impactful programming.
This AI summary has been generated from information found on Charity Navigator.
Is Southcoast Mentoring Initiative For Learning Education And Service Inc legitimate?
Southcoast Mentoring Initiative For Learning Education And Service Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southcoast Mentoring Initiative For Learning Education And Service 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:
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Official website here: www.peopleincfr.org
What is the mission statement of Southcoast Mentoring Initiative For Learning Education And Service Inc?
The Southcoast Mentoring Initiative For Learning Education And Service Inc aims to promote mentoring as a primary strategy to reduce the school drop-out rate among children in the Southcoast region of Massachusetts. Their mission is centered around matching qualified adult mentors with identified at-risk youth, with the ultimate goal of fostering a supportive environment that encourages these children to stay in school and complete their education. The initiative seeks to empower these children, providing them with the necessary tools and guidance to overcome challenges and succeed academically.
Official website here: www.peopleincfr.org
Who is the CEO of Southcoast Mentoring Initiative For Learning Education And Service Inc?
Megan Stirk is the Chairperson of Southcoast Mentoring Initiative For Learning Education And Service Inc. The CEO's salary of Southcoast Mentoring Initiative For Learning Education And Service Inc is $0 and their total compensation is $316,840.
Official website here: www.peopleincfr.org
What is the revenue of Southcoast Mentoring Initiative For Learning Education And Service Inc?
Southcoast Mentoring Initiative For Learning Education And Service Inc's revenue in 2022 was $58,929.
Official website here: www.peopleincfr.org
Who are the executives of Southcoast Mentoring Initiative For Learning Education And Service Inc and what are their salaries?
Here are 16 key members and their salaries (Southcoast Mentoring Initiative For Learning Education And Service Inc's CEO's salary is $0 and their total compensation is $316,840):
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- Other: $69,132
Official website here: www.peopleincfr.org
Where can I find the form 990 for Southcoast Mentoring Initiative For Learning Education And Service Inc?
Southcoast Mentoring Initiative For Learning Education And Service Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.peopleincfr.org
Learn more at the official website: www.peopleincfr.org
Mission Statement of Southcoast Mentoring Initiative For Learning Education And Service Inc
Southcoast Mentoring Initiative For Learning, Education, and Service Inc is committed to advancing mentoring as a primary strategy to decrease the school dropout rate among children in the Southcoast region of Massachusetts. Their mission is to pair quality adult mentors with at-risk youth, aiming to provide the necessary support and guidance that can help these young individuals overcome challenges and stay engaged in their education. By focusing on mentoring, this organization hopes to contribute to a reduction in the school dropout rate, ultimately fostering a more educated and resilient future generation.
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Impact
August, 2024
Southcoast Mentoring Initiative For Learning Education And Service Inc's impact lies in its dedicated effort to reduce the school drop-out rate in the Southcoast region of Massachusetts. By matching quality adult mentors with identified at-risk youth, they provide essential support and guidance to help these students stay in school and succeed. Through their focus on youth development and mentoring, they are making a tangible difference in the lives of young people, fostering a stronger, more resilient community for the future.
This information is meant to be a general summary of Southcoast Mentoring Initiative For Learning Education And Service 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.
- Program Service Revenue: $50,000
- Gross Receipts: $58,929
Assets and Liabilities:
- Total Assets: $116,476
- Total Liabilities: $11,108
- Net Assets: $105,368
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$50,000
Organization Details
Founding Year
2006
Phone
(508) 679-5233Principal Officer
Megan Stirk
Main Address
4 SOUTH MAIN STREET, FALL RIVER, MA, 02721
Website
www.peopleincfr.orgNTEE Category
Code: O50 - Youth development
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