Overview
What is Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center?
The Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center is a nonprofit based in Chicago, Illinois, specifically at PO Box 1988. Its primary focus is to provide academic, social, emotional, and mentoring support to at-risk girls in the Edgewater community. Currently, the organization serves 10 young women after school, extending sessions during summer months for six weeks, focusing on transitioning to upper grades, leadership skills, and making positive decisions. The organization's mission is to educate these girls to become women of knowledge, service, and faith. It achieves this by identifying at-risk middle school girls and guiding them through a mentoring sequence, offering sustained tutoring, resources, and financial support to further their education at a selected college, university, or vocational education program.
Official website here: www.penedocharitable.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
The Penedo Charitable Organization has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The overall score is primarily based on a single beacon score, which measures accountability and finance, and reflects that the organization has room for growth in terms of governance and transparency.
While the organization shows strength with a high program expense ratio of 95.97%, indicating that most of its funds are directed towards programs rather than administrative costs, it lacks independent board members, which raises concerns about its governance practices. Additionally, there are several policies missing, such as a whistleblower policy and document retention and destruction policy, which are important for maintaining accountability.
Moreover, while the organization has documented board meeting minutes and maintains a low liabilities to assets ratio, the absence of independent oversight and several key policies detracts from its overall rating. Continuous improvements in these areas could enhance the organization's accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center legitimate?
Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center 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: $16,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.penedocharitable.com
What is the mission statement of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center?
The Penedo Charitable Organization, affiliated with DePaul University's Education and Counseling Center, is dedicated to educating at-risk middle school girls, guiding them to become well-informed, helpful, and faith-driven women. They accomplish this mission by identifying these girls and providing them with sustained tutoring, resources, and financial assistance to attend a selected college, university, or vocational education program through a mentoring sequence.
Official website here: www.penedocharitable.com
Who is the CEO of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center?
Jerry Nolan is the Executive Director of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center.
Official website here: www.penedocharitable.com
What is the revenue of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center?
Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center's revenue in 2022 was $34,773.
Official website here: www.penedocharitable.com
Who are the executives of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $16,269
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.penedocharitable.com
Where can I find the form 990 for Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center?
Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.penedocharitable.com
Learn more at the official website: www.penedocharitable.com
Mission Statement of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center
The Penedo Charitable Organization, affiliated with DePaul University's Education and Counseling Center, is committed to empowering at-risk middle school girls to become well-informed, dedicated, and faith-driven women. To achieve this, the organization identifies these girls and guides them through a comprehensive mentoring program. This program offers sustained tutoring, essential resources, and financial support, enabling the selected individuals to pursue higher education at a college, university, or vocational school. The Penedo Charitable Organization's mission is not just about providing educational opportunities; it's about nurturing future women who will contribute to their communities with knowledge, service, and faith.
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Impact
August, 2024
Penedo Charitable Organization, in partnership with Depaul University's Education and Counseling Center, has a direct and significant impact on at-risk middle school girls in Chicago's Edgewater community. By providing academic, social, emotional, and mentoring support, the organization helps these young women build the knowledge, skills, and confidence necessary for success. Through sustained tutoring, resources, and financial assistance, Penedo Charitable Organization guides these girls towards higher education or vocational training, empowering them to become women of knowledge, service, and faith. With a focus on youth development, the organization serves as a beacon of support and hope for its participants, offering a pathway to a brighter future through education and mentorship.
This information is meant to be a general summary of Penedo Charitable Organization C/O Depaul Univ Ed & Counseling Center. 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.
- Gross Receipts: $34,773
Assets and Liabilities:
- Total Assets: $16,776
- Total Liabilities: $0
- Net Assets: $16,776
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Organization Details
Founding Year
2008
Phone
(312) 306-9996Principal Officer
Jerry Nolan
Main Address
PO BOX 1988, CHICAGO, IL, 60690
Website
www.penedocharitable.comNTEE Category
Code: O50 - Youth development
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