Overview
What is Oleta Crain Enrichment Academy?
Oleta Crain Enrichment Academy, also known as the Crain Jefferson Enrichment Foundation, is a nonprofit organization situated in Denver, Colorado. Their mission is to empower minority and disadvantaged youth, providing them with essential resources and skills to succeed in various aspects of life. This encompasses education, financial responsibility, and building healthy relationships. Their program aims to encourage these young individuals to make positive contributions to their communities. Based in Tower One Ste 2000 S Colorado Blvd, the organization offers a range of educational and resourceful opportunities to help these youth thrive.
Official website here: www.http: www.crainjef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star Rating)
The Oleta Crain Enrichment Academy received a low score of 36%, resulting in a Zero-Star rating primarily due to concerns about its accountability and financial practices. The score reflects the organization’s compliance with key operational standards but highlights significant gaps, particularly in its conflict of interest and whistleblower policies.
Strengths of the organization include a fully independent board and the absence of any material diversion of assets, which indicates a solid foundation in governance. The board consists of six independent members, achieving the maximum possible score in this area. Additionally, the website is properly listed on the tax form and maintains minutes of board meetings, which suggests a degree of transparency.
However, critical limitations are evident in the lack of essential policies such as conflict of interest and whistleblower protections, which are vital for maintaining accountability. Furthermore, the organization has a low program expense ratio of 37.02%, raising concerns about the effective allocation of funds towards its mission. These factors collectively contribute to the overall unfavorable rating from Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is Oleta Crain Enrichment Academy legitimate?
Oleta Crain Enrichment Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oleta Crain Enrichment Academy 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: $0
For more financial information, click here
Official website here: www.http: www.crainjef.org
What is the mission statement of Oleta Crain Enrichment Academy?
The Oleta Crain Enrichment Academy's mission is to educate, encourage, and equip disadvantaged youth, primarily of minority backgrounds, with the necessary resources and skills. This is done with the aim of enabling these young individuals to achieve success and contribute positively to their communities. The academy's programs are aimed at influencing these youths, guiding them to excel in their education, and teaching them responsible financial management and healthy relationships.
Official website here: www.http: www.crainjef.org
Who is the CEO of Oleta Crain Enrichment Academy?
Unavailable
Official website here: www.http: www.crainjef.org
What is the revenue of Oleta Crain Enrichment Academy?
Oleta Crain Enrichment Academy's revenue in 2022 was $997,986.
Official website here: www.http: www.crainjef.org
Who are the executives of Oleta Crain Enrichment Academy and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.http: www.crainjef.org
Where can I find the form 990 for Oleta Crain Enrichment Academy?
Oleta Crain Enrichment Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.http: www.crainjef.org
Learn more at the official website: www.http: www.crainjef.org
Mission Statement of Oleta Crain Enrichment Academy
The Oleta Crain Enrichment Academy is dedicated to educating, encouraging, and equipping minority and disadvantaged youth. Their mission is to provide these young individuals with the necessary resources and skills needed to achieve success and contribute positively to their communities. By focusing on education, financial responsibility, and relationships, the academy aims to empower these youth, enabling them to make a significant impact in their surroundings.
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
Oleta Crain Enrichment Academy significantly impacts minority and disadvantaged youth in Denver, Colorado, by providing essential resources and skills that empower them to succeed academically and personally. Through targeted programs, particularly aimed at young males, the academy fosters a culture of excellence in education while instilling values of financial responsibility and healthy relationships.
By encouraging and equipping these youth, the academy helps them develop the tools necessary to positively contribute to their communities. This holistic approach not only supports individual growth but also cultivates a generation of informed, responsible citizens who are prepared to make meaningful impacts in their neighborhoods. The commitment to youth development at Oleta Crain Enrichment Academy is a transformative force that shapes lives and strengthens communities.
This information is meant to be a general summary of Oleta Crain Enrichment Academy. 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: $944,211
- Gross Receipts: $1,053,775
Assets and Liabilities:
- Total Assets: $586,325
- Total Liabilities: $0
- Net Assets: $586,325
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Main Address
2000 S Colorado Blvd Tower One Ste, Denver, CO, 80222
Website
www.http: www.crainjef.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Oleta Crain Enrichment Academy 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.