Overview
What is Laamistad Inc?
Laamistad Inc is a dedicated nonprofit organization based in Atlanta, Georgia. Their mission is to support Latino students and their families by providing a comprehensive support system, incorporating tutoring, mentoring, and resources. This system aims to foster academic, physical, and personal growth. In 2022-2023, they hosted their afterschool program at 11 locations across Atlanta, serving 264 students for 787 days. The focus remained on reading, mathematics, and STEM activities, resulting in significant improvements. Their summer academy program, Laamistad Animate, boosted mathematics and reading fluency while also promoting physical activity and team building. Adult education courses, such as English as a Second Language, financial literacy, and digital literacy, were also offered. Laamistad Inc strategically located their community center in Sandy Springs, a community with a rich Latino presence, to break down transportation barriers and overcome economic barriers through their offerings.
Official website here: www.laamistadinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)
LaAmistad Inc has received a strong score of 98% from Charity Navigator, indicating a high level of accountability and financial health. The charity excels particularly in the area of Accountability & Finance, achieving a perfect score of 100% in this category. The organization demonstrates strong governance practices, with a fully independent board and an effective audit and oversight committee, contributing to the transparency and reliability of its operations.
User reviews largely depict LaAmistad as a well-organized and impactful nonprofit that successfully aids Latino students in Atlanta through tutoring and enrichment programs. Many volunteers express satisfaction with the structure of the organization and the rewarding experience of witnessing student progress. The community involvement is highlighted, with significant praise for the dedication shown by both staff and volunteers to foster student growth and well-being.
However, there are concerns raised by some users regarding leadership and financial management. A review mentioned issues related to salary allocations and employee treatment, suggesting that a significant portion of the budget goes towards the executive director's compensation. This has prompted calls for the board to reassess the organization's financial priorities to ensure that more resources are directed towards student services rather than administrative salaries.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Laamistad Inc legitimate?
Laamistad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laamistad 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: $194,836
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,095,795
For more financial information, click here
Official website here: www.laamistadinc.org
What is the mission statement of Laamistad Inc?
Laamistad Inc's mission is centered around supporting Latin students and their families. They achieve this by providing a comprehensive support system, encompassing tutoring, mentoring, and resources. This system aims to foster academic, physical, and personal growth in the students. The organization's activities include programs like Laamistad Afterschool, Laamistad Animate Summer Academy, and Laamistad Adult Education. These programs focus on areas like reading, mathematics, and STEM activities, with significant improvements observed in academic scores. The summer academy, for instance, saw an average improvement of 18% in math and 21% in reading fluency among students. Laamistad Inc also offers adult education courses, including English as a Second Language programs, financial literacy classes, and digital literacy classes, to empower parents and community members.
Official website here: www.laamistadinc.org
What is the revenue of Laamistad Inc?
Laamistad Inc's revenue in 2024 was $2,922,019.
Official website here: www.laamistadinc.org
Who are the executives of Laamistad Inc and what are their salaries?
The average compensation at Laamistad Inc during 2024 was $10,846. There are 119 employees and 630 volunteers at Laamistad Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $105,647
- Related: $0
- Other: $16,297
- Compensation: $23,553
- Related: $0
- Other: $0
Official website here: www.laamistadinc.org
Where can I find the form 990 for Laamistad Inc?
Laamistad Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.laamistadinc.org
Learn more at the official website: www.laamistadinc.org
Mission Statement of Laamistad Inc
Laamistad Inc, a nonprofit organization, is committed to supporting Latin students and their families. Their mission is to provide a comprehensive support system that fosters academic, physical, and personal growth. Through tutoring, mentoring, and resources, they aim to empower these students and their families. By doing so, they aspire to promote positive changes in their lives, ultimately contributing to a stronger and more inclusive community.
Laamistad Inc's key programs include Laamistad Afterschool, Laamistad Animate Summer Academy, and Laamistad Adult Education. Laamistad Afterschool, hosted at various locations across Atlanta, served 264 Latin students in the 2022-2023 academic year. The program focused on improving reading, mathematics, and STEM skills, with impressive results. Math scores saw an average increase of up to 243% at some sites, while reading scores improved by as much as 278%. Laamistad also organized STEM projects, offering 72 projects and 108 learning hours across all sites.
The Laamistad Animate Summer Academy aims to combat the summer slump in educational progress among Latin students. This program, held at private school campuses, focuses on mathematics and reading fluency, while also incorporating physical activities, arts, and team-building exercises. Over four weeks, the average improvement in math skills was 18%, and reading fluency improved by 21%. Laamistad's adult education program offers English for Successful Living, financial literacy classes, digital literacy classes, and parent partnership workshops. The courses, held at various locations, served 101 students through their ESL offerings and provided resources to over 500 parents.
In summary, Laamistad Inc is a mission-driven organization that provides comprehensive support to Latin students and their families, promoting academic, physical, and personal growth. Through their tutoring, mentoring, and resource programs, they aim to empower these students and contribute to a stronger, more inclusive community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Laamistad Inc significantly impacts the Latin community in Atlanta by providing essential support systems for students and their families. Through its comprehensive programs, it addresses the educational, personal, and physical growth needs of Latino students, fostering an environment that promotes academic success.
The Laamistad Afterschool program serves as a critical resource, operating at 11 locations and supporting 264 students over 787 days of programming. With an impressive focus on core subjects such as reading, mathematics, and STEM, students demonstrated remarkable academic progress. For instance, math scores increased by as much as 243%, while reading scores showed improvements of up to 278%. The program also emphasizes community involvement, evidenced by the 242 volunteers contributing throughout the school year, ensuring a robust support network for participants.
Additionally, the Laamistad Animate Summer Academy complements ongoing academic development by combating the summer learning slide. Hosting 113 students over 41 days, the academy emphasizes mathematics, reading fluency, and physical activity. In just four weeks, students exhibited average improvements of 18% in math and 21% in reading fluency, underscoring the program's effectiveness in enriching students' educational experiences.
On the adult education front, Laamistad provides vital services that equip parents and community members with essential skills. Programs like English as a Second Language (ESL), financial literacy, and digital literacy classes serve over 400 parents, extending Laamistad's influence beyond youth to the broader community. The community center plays a pivotal role by offering these resources in a strategically accessible location, thus removing barriers associated with transportation and language.
Overall, Laamistad Inc not only nurtures the academic journey of Latino students but also strengthens the entire community by fostering personal growth and offering critical resources to families.
This information is meant to be a general summary of Laamistad 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 2024.
- Investment Income: $32,949
- Program Service Revenue: $53,608
- Gross Receipts: $2,989,885
Assets and Liabilities:
- Total Assets: $1,917,219
- Total Liabilities: $352,734
- Net Assets: $1,564,485
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Revenue
$53,608
Organization Details
Founding Year
2006
Principal Officer
Randy Maner
Website
www.laamistadinc.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Laamistad Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.