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Radnor A Better Chance Inc

Radnor Abc

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

EIN: 237166553 ✦ Wayne, PA ✦ Designated as a 501(c)(3)

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Overview

What is Radnor A Better Chance Inc?

Radnor A Better Chance Inc, also known as Radnor ABC, is a dedicated nonprofit organization situated in Wayne, Pennsylvania. Their primary mission is to enhance the opportunities for well-educated individuals of color, empowering them to assume leadership roles in American society. They achieve this by supporting up to ten scholars annually, providing them with housing and comprehensive assistance during their attendance at Radnor High School. The organization covers various expenses, such as food, utilities, and extracurricular activities, amounting to around $30,000 per student each year. Radnor ABC's operations are entirely funded through donations and grants, demonstrating their reliance on community support.


Official website here: www.radnorabc.org

Is Radnor A Better Chance Inc legitimate?

Radnor A Better Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radnor A Better Chance 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: $9,420

For more financial information, click here


Official website here: www.radnorabc.org

What is the mission statement of Radnor A Better Chance Inc?

Radnor A Better Chance Inc's mission is to significantly enhance the number of well-educated individuals of color who are equipped to assume leadership roles in American society. This organization aims to achieve this goal by providing educational support to a select group of scholars. Each year, Radnor ABC sponsors up to ten students, enabling them to attend high school and reside in supervised housing. Despite waived tuition, the organization covers various expenses, including living expenses, school-related fees, and extracurricular activities, to ensure these students have a well-rounded educational experience. Radnor A Better Chance Inc relies on donations and grants to fund its operations, enabling it to fulfill its mission of fostering future leaders of diverse backgrounds.


Official website here: www.radnorabc.org

Who is the CEO of Radnor A Better Chance Inc?

Vincent Boyd is the President of Radnor A Better Chance Inc.


Official website here: www.radnorabc.org

What is the revenue of Radnor A Better Chance Inc?

Radnor A Better Chance Inc's revenue in 2022 was $331,577.


Official website here: www.radnorabc.org

Who are the executives of Radnor A Better Chance Inc and what are their salaries?

The average compensation at Radnor A Better Chance Inc during 2022 was $9,420. There is 1 employee and 80 volunteers at Radnor A Better Chance Inc.


Here are 16 key members and their salaries:


Candyce Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Wetzel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Blumberg (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Boyd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Janson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Biscardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalyn Cormier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabriella Fontan-Venson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Kingsbery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Ruby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birgitta Sama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Selbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Trachtenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Wildey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.radnorabc.org

Where can I find the form 990 for Radnor A Better Chance Inc?

Radnor A Better Chance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.radnorabc.org

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

Mission Statement of Radnor A Better Chance Inc

Radnor A Better Chance Inc, as a nonprofit organization, is committed to significantly enhancing the number of well-educated young individuals of color who can take up influential roles and leadership positions in American society. The mission of Radnor A Better Chance Inc is to empower these young individuals, providing them with the necessary educational opportunities and resources to excel and make a meaningful impact in their communities and beyond.

To achieve this goal, Radnor A Better Chance Inc supports up to ten scholars annually, enabling them to attend Radnor High School. These scholars temporarily reside in two houses located in Wayne, Pennsylvania, under the supervision of a resident director team and tutors. The organization covers various expenses for these scholars, including living expenses, school supplies, extracurricular activities, and educational resources, investing approximately $30,000 per student each year. This significant financial commitment reflects Radnor A Better Chance Inc's dedication to providing these young individuals with the best possible opportunities to succeed academically and personally.

In summary, Radnor A Better Chance Inc is a nonprofit organization that is passionately invested in promoting diversity and equality in leadership positions in American society. By supporting academically talented young individuals of color, the organization aims to equip them with the necessary resources and opportunities to excel, thereby contributing to a more inclusive and equitable society.

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Impact




October, 2024

Radnor A Better Chance Inc significantly enhances educational opportunities for young people of color, fostering a new generation of leaders equipped for roles of responsibility in society. Each year, the program supports up to ten scholars from diverse backgrounds at Radnor High School, providing them with a holistic living and learning environment away from home.

By covering essential expenses such as housing, food, school supplies, and extracurricular activities, Radnor ABC creates a stable and nurturing setting where scholars can thrive academically and socially. The initiative not only alleviates financial burden but also offers mentorship through experienced resident directors and tutors, guiding students toward academic excellence and personal growth.

The organization's commitment to this mission is evident in its allocation of approximately $30,000 per student, ensuring that each scholar has access to the resources necessary for success. This comprehensive support system promotes resilience and empowerment, paving the way for these young individuals to become influential leaders in their communities. Ultimately, Radnor A Better Chance Inc plays a pivotal role in transforming lives, contributing to a more equitable and representative leadership landscape in America.




This information is meant to be a general summary of Radnor A Better Chance 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
$331,577 (2022)
Expenses
$218,268 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,416
  • Gross Receipts: $351,979

Assets and Liabilities:

  • Total Assets: $715,395
  • Total Liabilities: $0
  • Net Assets: $715,395

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Organization Details

Founding Year

1972

Principal Officer

Vincent Boyd

Main Address

120 West Wayne Avenue, Wayne, PA, 19087

NTEE Category

Code: P73Z - Human services

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