Overview
What is Breakthrough Miami Inc?
Breakthrough Miami Inc is a prominent nonprofit organization situated in Miami, Florida. Their primary mission is to empower over 2,000 young individuals annually, particularly 1,300 students in grades 5-12, through an 8-year scholarship journey. The organization also engages 130 teaching fellows in a summer leadership internship and 400 student volunteers across eight sites. Breakthrough Miami's success rate is impressive, with over 90% of scholars enrolling in advanced courses, 100% graduating high school on time, and 98% immediately continuing their education in college. The organization's strength lies in its robust AmeriCorps program, supporting 154 members as teaching fellows and success coaches. Building on over 30 years of experience, Breakthrough Miami aims to expand its reach in South Florida, fostering a rigorous, vibrant learning community where traditionally underrepresented students can achieve post-secondary success and emerging leaders can hone their skills as educators and advocates.
Official website here: www.breakthroughmiami.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Breakthrough Miami Inc has achieved an impressive 97% rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scores perfectly in several categories, including having a fully independent board of directors and strong oversight mechanisms in place for financial management, which underscores its transparency and governance practices.
The nonprofit demonstrates a solid financial health with a high program expense ratio of 73.64%, reflecting a commitment to allocating resources towards its mission. Additionally, the organization maintains low liabilities relative to its assets, showcasing stability and prudent financial management. However, its fundraising efficiency ratio is notably low at $0.062, which may indicate challenges in fundraising effectiveness compared to its overall financial performance.
Overall, Breakthrough Miami Inc stands out for its robust governance structures and financial accountability, though there is room for improvement in fundraising strategies to enhance operational sustainability. This high rating positions the organization favorably among donors who prioritize transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Breakthrough Miami Inc legitimate?
Breakthrough Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakthrough Miami 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: $210,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,887,870
For more financial information, click here
Official website here: www.breakthroughmiami.org
What is the mission statement of Breakthrough Miami Inc?
Breakthrough Miami Inc's mission is to establish a rigorous and vibrant learning community that supports traditionally underrepresented students in grades 5-12 to achieve post-secondary success. This is achieved through their unique Students-Teaching-Students model, inspiring emerging leaders to excel as educators and advocates. The organization impacts approximately 2,000 young people annually, with over 1,300 students on an 8-year scholarship journey, 130 teaching fellows in a summer leadership internship, and 400 student volunteers across eight sites. The program boasts impressive results, with over 90% of scholars taking advanced courses, 100% graduating from high school on time, and 98% enrolling immediately in college. Breakthrough Miami also has a robust AmeriCorps program, supporting 154 members as teaching fellows and success coaches, making it one of the largest partners in Florida.
Official website here: www.breakthroughmiami.org
Who is the CEO of Breakthrough Miami Inc?
Jeffrey S Miller is the Chair of Breakthrough Miami Inc. The CEO's salary of Breakthrough Miami Inc is $190,060 and their total compensation is $190,060.
Official website here: www.breakthroughmiami.org
What is the revenue of Breakthrough Miami Inc?
Breakthrough Miami Inc's revenue in 2022 was $4,913,228.
Official website here: www.breakthroughmiami.org
Who are the executives of Breakthrough Miami Inc and what are their salaries?
The average compensation at Breakthrough Miami Inc during 2022 was $12,199. There are 172 employees and 500 volunteers at Breakthrough Miami Inc.
Here are 27 key members and their salaries (Breakthrough Miami Inc's CEO's salary is $190,060 and their total compensation is $190,060):
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Official website here: www.breakthroughmiami.org
Where can I find the form 990 for Breakthrough Miami Inc?
Breakthrough Miami Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.breakthroughmiami.org
Learn more at the official website: www.breakthroughmiami.org
Mission Statement of Breakthrough Miami Inc
Breakthrough Miami, a nonprofit organization, operates under a unique Students-Teaching-Students model. This model fosters a rigorous and vibrant learning environment, supporting traditionally underrepresented students from fifth to twelfth grade in achieving post-secondary success. Simultaneously, it inspires emerging leaders to develop as educators and advocates. By providing this learning environment, Breakthrough Miami impacts around 2,000 young individuals annually, with more than 1,300 students embarking on an 8-year scholarly journey, 130 teaching fellows serving in a paid summer leadership internship, and 400 student volunteers across eight sites.
The mission of Breakthrough Miami is multifaceted. It aims to empower students from underrepresented backgrounds, equipping them with the tools necessary to excel in advanced courses and ultimately graduate from high school on time. Remarkably, 98% of Breakthrough Miami scholars proceed directly to college after completing their high school education. Furthermore, the organization also nurtures emerging leaders by inspiring them to take on roles as educators and advocates. The Students-Teaching-Students model thereby serves as a platform to foster a new generation of leaders who are committed to the cause of education and advocacy.
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Impact
October, 2024
Breakthrough Miami Inc significantly impacts the educational landscape for traditionally underrepresented students in South Florida. Each year, the organization supports around 2,000 young people, including more than 1,300 middle and high school students on an extensive 8-year journey toward academic success. Its unique Students-Teaching-Students model fosters a rigorous and vibrant learning community, empowering students not only to excel academically but also to cultivate leadership skills by stepping into teaching roles themselves.
The statistics speak volumes: over 90% of Breakthrough scholars take advanced courses, and 100% graduate from high school on time, with an impressive 98% enrolling in college immediately thereafter. This transformative approach also involves approximately 130 teaching fellows who gain invaluable experience through paid summer leadership internships, alongside 400 student volunteers who contribute across eight program sites.
Additionally, Breakthrough Miami runs a robust AmeriCorps program, currently one of Florida's largest, with 154 members acting as teaching fellows and success coaches, further enriching the educational experience for students. With over 30 years of experience, Breakthrough Miami is poised for expansion, aiming to positively influence even more students and families in the region, ultimately cultivating a new generation of advocates and educators.
This information is meant to be a general summary of Breakthrough Miami 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 2022.
- Investment Income: $2,887
- Gross Receipts: $5,018,077
Assets and Liabilities:
- Total Assets: $3,881,230
- Total Liabilities: $105,292
- Net Assets: $3,775,938
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Organization Details
Founding Year
2007
Phone
(305) 460-4359Principal Officer
Jeffrey S Miller
Main Address
3250 SOUTHWEST THIRD AVE 6TH FL, MIAMI, FL, 331292712
Website
www.breakthroughmiami.orgNTEE Category
Code: B20 - Education
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