A Better Chance In Lower Merion Inc

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

EIN: 231917466 ✦ Ardmore, PA ✦ Designated as a 501(c)(3)

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Overview

What is A Better Chance In Lower Merion Inc?

A Better Chance in Lower Merion Inc. is a nonprofit organization, based in Ardmore, Pennsylvania. With a team of five dedicated individuals, its primary mission is to enhance the educational experiences of high school students by offering them housing. This enables these students to access improved learning opportunities in a more conducive environment than they might have otherwise. The organization is committed to providing a significantly better learning chance, recognizing the potential benefits this can bring to students' lives.


Official website here: www.abclowermerion.com

Is A Better Chance In Lower Merion Inc legitimate?

A Better Chance In Lower Merion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Chance In Lower Merion 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,447

For more financial information, click here


Official website here: www.abclowermerion.com

What is the mission statement of A Better Chance In Lower Merion Inc?

A Better Chance In Lower Merion Inc's mission is centered around providing superior learning opportunities for high school students. The organization is committed to offering a significantly better learning environment than what might be otherwise available to these students. To achieve this, they provide housing for approximately 8 to 10 high school students, thereby enabling them to benefit from a more conducive learning atmosphere. This initiative aims to equip these students with the necessary tools and resources to excel academically.


Official website here: www.abclowermerion.com

Who is the CEO of A Better Chance In Lower Merion Inc?

Holly Morey is the President of A Better Chance In Lower Merion Inc.


Official website here: www.abclowermerion.com

What is the revenue of A Better Chance In Lower Merion Inc?

A Better Chance In Lower Merion Inc's revenue in 2023 was $425,145.


Official website here: www.abclowermerion.com

Who are the executives of A Better Chance In Lower Merion Inc and what are their salaries?

The average compensation at A Better Chance In Lower Merion Inc during 2023 was $20,489. There are 5 employees and 20 volunteers at A Better Chance In Lower Merion Inc.


Here are 14 key members and their salaries:


Steve Holstad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Alavi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Elcock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Emery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deashawn Goddard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Singer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Ross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taj Byrd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lamont Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Sweeney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Tyler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Fritz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Morey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abclowermerion.com

Where can I find the form 990 for A Better Chance In Lower Merion Inc?

A Better Chance In Lower Merion Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.abclowermerion.com

Learn more at the official website: www.abclowermerion.com

Mission Statement of A Better Chance In Lower Merion Inc

A Better Chance In Lower Merion Inc is committed to providing a significantly improved learning opportunity for high school students. The organization's mission is to offer a better learning atmosphere and opportunities to students who may not have had access to such resources otherwise. To accomplish this, they provide housing for eight to ten high school students, enabling them to benefit from a more enriching educational experience. By offering a nurturing environment, A Better Chance In Lower Merion Inc aims to empower these students and equip them with the tools necessary for academic success.

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Impact




October, 2024

A Better Chance In Lower Merion Inc significantly enhances educational opportunities for high school students by providing housing for 8 to 10 students. This initiative allows them to reside in an environment conducive to academic achievement, fostering a better learning atmosphere than they might otherwise experience. By prioritizing the needs of these students, the organization helps them access resources and support that contribute to their educational success and personal growth. The focus on creating a supportive living and learning environment empowers students to thrive academically and develop important life skills. Overall, the organization's efforts lead to improved educational outcomes and a brighter future for the participants.




This information is meant to be a general summary of A Better Chance In Lower Merion 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.

Revenue
$425,145 (2023)
Expenses
$311,804 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28,704
  • Gross Receipts: $425,145

Assets and Liabilities:

  • Total Assets: $1,339,627
  • Total Liabilities: $5,085
  • Net Assets: $1,334,542

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Organization Details

Founding Year

1973

Principal Officer

Holly Morey

Main Address

PO BOX 213, ARDMORE, PA, 19003

NTEE Category

Code: B90 - Education

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