Overview
What is Dominican Advance?
Dominican Advance is a nonprofit organization, specifically a Christian charity based in Phoenix, Arizona, with a focus on empowering children, entrepreneurs, and Christian leaders. They achieve this by establishing high-quality, Christian-centered schools and educational programs aimed at uplifting underprivileged individuals in the Dominican Republic and nearby islands. The organization's mission is to create opportunities for a brighter future, providing a comprehensive approach to education and development in these communities. With a small team of dedicated employees, Dominican Advance continues its work to positively impact lives and foster growth within these communities.
Official website here: www.dominicanadvance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating
Dominican Advance has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and finance metrics. While the organization excels in community culture and leadership adaptability, reflected in perfect scores of 100, its overall performance suggests room for improvement in financial management, particularly with a liabilities to assets ratio that received a lower score.
The nonprofit shows strong commitment to transparency and ethical governance, evidenced by its independent board composition and comprehensive policies, including those on conflict of interest and whistleblower protections. The program expense ratio is notably high at 86.21%, suggesting that a significant portion of funds is directed toward its mission-driven activities rather than administrative costs.
However, the lower score in financial health highlights potential challenges the organization may face in sustaining its operations and achieving long-term impact. The evidence of investment in leadership development and effective feedback mechanisms demonstrates a proactive approach to growing its capacity and responding to community needs, but addressing the financial aspects will be crucial for future success.
This AI summary has been generated from information found on Charity Navigator.
Is Dominican Advance legitimate?
Dominican Advance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dominican Advance 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: $33,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $640,148
For more financial information, click here
Official website here: www.dominicanadvance.org
What is the mission statement of Dominican Advance?
Dominican Advance, through its mission, strives to provide opportunities for a brighter future to impoverished individuals in the Dominican Republic and neighboring islands. This is accomplished by establishing and supporting quality, Christ-centered schools and related educational programs. The organization's goal is to enhance the lives of these individuals by offering them a chance at improved education, thereby fostering a more promising future.
Official website here: www.dominicanadvance.org
Who is the CEO of Dominican Advance?
Dr Kim Pensinger is the President of Dominican Advance.
Official website here: www.dominicanadvance.org
What is the revenue of Dominican Advance?
Dominican Advance's revenue in 2022 was $996,890.
Official website here: www.dominicanadvance.org
Who are the executives of Dominican Advance and what are their salaries?
The average compensation at Dominican Advance during 2022 was $673,189. There is 1 employee at Dominican Advance.
Here are 9 key members and their salaries:
- Compensation: $21,041
- Related: $0
- Other: $0
- Compensation: $12,000
- 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
Official website here: www.dominicanadvance.org
Where can I find the form 990 for Dominican Advance?
Dominican Advance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dominicanadvance.org
Learn more at the official website: www.dominicanadvance.org
Mission Statement of Dominican Advance
Dominican Advance, a nonprofit organization, is dedicated to fostering opportunities for a brighter future for impoverished individuals in the Dominican Republic and neighboring islands. They achieve this mission through the establishment and operation of high-quality, Christian-centered schools and related educational programs. The organization's primary goal is to create avenues for improvement in the lives of those who are economically disadvantaged, contributing to a more prosperous and educated community. By focusing on education, Dominican Advance seeks to empower individuals, providing them with the tools necessary to build a better future for themselves and their families.
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
Dominican Advance significantly impacts communities in the Dominican Republic and neighboring islands by providing access to quality education and fostering the development of future leaders. By establishing Christ-centered schools, the organization creates a nurturing environment where children can thrive academically and spiritually.
In addition to education, Dominican Advance empowers entrepreneurs, enabling individuals to develop skills and create sustainable livelihoods. This holistic approach not only helps lift families out of poverty but also promotes economic stability within communities.
Furthermore, the initiative equips Christian leaders with the necessary training to guide and influence their communities positively. By focusing on education, economic empowerment, and spiritual leadership, Dominican Advance plays a vital role in transforming lives and fostering a brighter future for those it serves.
This information is meant to be a general summary of Dominican Advance. 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: $10
- Gross Receipts: $996,890
Assets and Liabilities:
- Total Assets: $697,122
- Total Liabilities: $488,073
- Net Assets: $209,049
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(520) 908-7324Principal Officer
Dr Kim Pensinger
Main Address
PO BOX 6354, PHOENIX, AZ, 85005
Website
www.dominicanadvance.orgNTEE Category
Code: X20 - Religion related
If you are a representative of Dominican Advance 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.