Overview
What is Simsbury Abc Program Inc?
Simsbury ABC Program Inc is a nonprofit organization situated in Simsbury, Connecticut. Their primary mission is to support minority young men by providing them with essential resources, such as accommodation, medical care, and tuition, enabling them to enroll in Simsbury High School. This initiative aims to prepare these young men for higher education. The organization operates with a small team of five dedicated individuals.
Official website here: www.simsburyabetterchance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Simsbury Abc Program Inc has received a score of 76%, indicating a moderate level of performance in terms of accountability and finance. The organization has achieved a perfect score for having a wholly independent board, with 100% of its 26 members not affiliated with the organization. This reflects strong governance practices and a commitment to maintaining a clear separation between the board and the operational activities of the charity.
However, there are notable weaknesses in the organization's policies. The charity lacks critical governance documents such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. These omissions reflect potential areas for improvement in transparency and accountability. Additionally, while the charity does publish board meeting minutes, it does not make its tax documents available on its website, which is another transparency concern.
Despite these limitations, the organization demonstrates financial health with a liabilities to assets ratio of 0.00% and a high program expense ratio of 87.50%. This suggests that a significant portion of its funding is directed towards programmatic activities rather than administrative costs, which is a positive indicator for potential donors. Overall, while Simsbury Abc Program Inc has strengths in governance structure and financial management, addressing its governance policy gaps could enhance its overall effectiveness and credibility.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Simsbury Abc Program Inc?
Simsbury Abc Program Inc has received an encouraging comment from a satisfied user. This review highlights the program as an outstanding opportunity tailored for deserving young men, emphasizing the strong community support behind it. Although there are only a few reviews available at this time, the sentiment reflects a positive outlook on what the nonprofit offers.
Given the limited number of reviews, the general impression is that the nonprofit is valued for its commitment to providing meaningful opportunities in a nurturing environment. The supportive community aspect is also a notable point of appreciation among reviewers.
Overall, while the ratings are not yet fully established, the single review indicates a promising start and suggests that the organization has the potential to make a significant positive impact.
This AI summary has been generated from reviews found on Facebook.
Is Simsbury Abc Program Inc legitimate?
Simsbury Abc Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simsbury Abc Program 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: $33,975
For more financial information, click here
Official website here: www.simsburyabetterchance.org
What is the mission statement of Simsbury Abc Program Inc?
The mission of Simsbury ABC Program Inc. is centered around providing essential resources to minority young men. Their goal is to offer room, board, medical care, and tuition, enabling these individuals to enroll in Simsbury High School. This educational opportunity prepares them for further studies at a college level. Essentially, the program aims to empower these young men by providing them with the necessary means to pursue higher education.
Official website here: www.simsburyabetterchance.org
Who is the CEO of Simsbury Abc Program Inc?
William A Estell is the Tresurer of Simsbury Abc Program Inc.
Official website here: www.simsburyabetterchance.org
What is the revenue of Simsbury Abc Program Inc?
Simsbury Abc Program Inc's revenue in 2023 was $135,383.
Official website here: www.simsburyabetterchance.org
Who are the executives of Simsbury Abc Program Inc and what are their salaries?
The average compensation at Simsbury Abc Program Inc during 2023 was $6,795. There are 5 employees and 55 volunteers at Simsbury Abc Program Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.simsburyabetterchance.org
Where can I find the form 990 for Simsbury Abc Program Inc?
Simsbury Abc Program Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.simsburyabetterchance.org
Learn more at the official website: www.simsburyabetterchance.org
Mission Statement of Simsbury Abc Program Inc
Simsbury ABC Program Inc is a nonprofit organization dedicated to supporting minority young men. Their mission is to provide essential resources, including room, board, medical care, and tuition, enabling these young men to enroll in Simsbury High School. The ultimate goal is to prepare them for higher education. By offering these necessities, Simsbury ABC Program Inc aims to create opportunities for these young men, setting them on a path towards academic success and future college attendance.
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Impact
October, 2024
Simsbury ABC Program Inc plays a vital role in shaping the futures of minority young men by providing essential support that facilitates their education and personal development. By offering room, board, medical care, and tuition, the program ensures that these individuals have the resources they need to successfully enroll in Simsbury High School. This holistic approach not only helps them adjust to a new educational environment but also prepares them for the challenges of college.
The program's impact extends beyond academic preparation; it fosters a sense of belonging and community, helping to build confidence and resilience among participants. By prioritizing their well-being and education, Simsbury ABC Program Inc empowers these young men to pursue higher education and ultimately achieve their goals, contributing to a more equitable and inclusive society.
This information is meant to be a general summary of Simsbury Abc Program 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 2023.
- Investment Income: $369
- Gross Receipts: $135,383
Assets and Liabilities:
- Total Assets: $675,873
- Total Liabilities: $0
- Net Assets: $675,873
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Organization Details
Founding Year
1975
Phone
(860) 264-6188Principal Officer
William A Estell
Main Address
835 HOPMEADOW ST, SIMSBURY, CT, 060701821
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