Overview
What is Invested?
Invested is a nonprofit organization situated in Renton, Washington. Its primary mission is to assist financially disadvantaged students in Washington state by providing them with the necessary resources to attend and succeed in school. The organization accomplishes this by allocating funds directly to secondary schools, minimizing bureaucratic processes. Schools then utilize these funds to address specific student needs, such as activity fees, musical instrument rentals, uniforms, or test fees, enabling these students to fully participate in school activities. With a total of 9 employees, Invested has funded an initial amount of $373,450 for the fiscal year 2022, aiming to support Washington state secondary schools in enriching their students' educational experiences.
Official website here: www.invested.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating.
Invested has received a high rating of 95% from Charity Navigator, indicating strong performance in accountability and finance. The organization excels with a score of 96 in this category, reflecting robust independent oversight, including a fully independent board and a comprehensive audit process. The charity also demonstrates financial prudence with a low liabilities to assets ratio and a significant program expense ratio of 70.73%, showcasing their commitment to utilizing resources effectively.
In addition to financial strength, Invested scored 87 in Culture & Community, highlighting positive organizational practices and community engagement. The charity has implemented strong equity strategies, which aligns with their mission to foster inclusivity. This commitment to both accountability and community involvement positions Invested as a reliable nonprofit in its field.
While the organization shows impressive strengths, ongoing commitment to transparency and equity is crucial for maintaining trust with stakeholders. Overall, Invested's performance metrics suggest a well-managed nonprofit dedicated to its mission and community welfare.
This AI summary has been generated from information found on Charity Navigator.
Is Invested legitimate?
Invested is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invested 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: $134,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,290
For more financial information, click here
Official website here: www.invested.org
What is the mission statement of Invested?
Invested's mission is centered around assisting needy students in Washington state. Their primary objective is to help these students attend school, engage in their education, and ultimately graduate. To achieve this, Invested provides secondary schools with resources. These resources enable schools to address the specific needs of individual students, enabling them to participate fully in their education. These needs may include paying for activity fees, renting musical instruments, purchasing uniforms or clothing, or covering test fees. The organization initiates funding directly to schools each fall, allowing for immediate use with minimal bureaucracy, ensuring that students have the necessary support to succeed in their academic journey.
Official website here: www.invested.org
What is the revenue of Invested?
Invested's revenue in 2024 was $1,063,238.
Official website here: www.invested.org
Who are the executives of Invested and what are their salaries?
The average compensation at Invested during 2024 was $74,958. There are 10 employees and 21 volunteers at Invested.
Here are 25 key members and their salaries:
- Compensation: $211,301
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- Other: $12,350
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- Other: $15,091
- Compensation: $105,769
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- Other: $5,817
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Official website here: www.invested.org
Where can I find the form 990 for Invested?
Invested's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.invested.org
Learn more at the official website: www.invested.org
Mission Statement of Invested
Invested, a nonprofit organization, is dedicated to assisting needy students in Washington to ensure they can attend school, engage in their education, and ultimately graduate. The mission of Invested is to provide Washington state secondary schools with essential resources to support students in overcoming barriers and fully participate in their education. By providing funding to these schools, Invested enables them to offer programs and assistance that cater to specific student needs, such as covering activity fees, renting musical instruments, purchasing uniforms or clothing, and paying for test fees.
Each year, Invested initiates an initial round of program funding, making the funds readily available for immediate use with minimal bureaucracy. This allows the schools' local teams, consisting of teachers, counselors, or coaches, to allocate resources to individual students who cannot afford these necessities. By addressing these basic needs, Invested empowers students to actively participate in school and pursue their academic goals, ultimately increasing their chances of graduating. With an initial funding of $373,450 in FY22, Invested continues to support Washington state secondary schools and the students they serve.
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Impact
October, 2024
Invested plays a crucial role in enhancing educational opportunities for needy students in Washington State. By providing immediate funding directly to secondary schools, the organization minimizes bureaucratic barriers, enabling schools to address students’ specific needs effectively. This direct support allows educators—teachers, counselors, and coaches—to allocate funds for essential items that students struggle to afford, such as activity fees, musical instrument rentals, uniforms, or test fees.
The initial funding of $373,450 for FY22 demonstrates Invested's commitment to ensuring that financial barriers do not prevent students from fully participating in their education. By facilitating access to necessary resources, Invested helps students not only get to school but also stay engaged and ultimately graduate. This focus on practical support empowers schools to create an inclusive environment that fosters academic success for all students, regardless of their financial challenges. Through this approach, Invested significantly impacts the educational landscape in Washington, contributing to the overall well-being and future success of students.
This information is meant to be a general summary of Invested. 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: $249,415
- Gross Receipts: $1,965,001
Assets and Liabilities:
- Total Assets: $8,513,458
- Total Liabilities: $95,359
- Net Assets: $8,418,099
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Organization Details
Founding Year
1963
Principal Officer
John Mullin
Website
www.invested.orgNTEE Category
Code: T30 - Philanthropy
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