Overview
What is Liberty's Promise?
Liberty's Promise is a nonprofit organization situated in Alexandria, Virginia. Its primary mission is to support low-income immigrant youth by offering eight-week internships, encouraging community involvement through after-school programs, and providing long-term mentoring. The goal is to help these young individuals stay in school, pursue higher education, and build successful careers, all while instilling a sense of civic responsibility and pride in American values. Liberty's Promise aims to create a positive immigrant experience and reinforce America's fundamental egalitarian and democratic traditions for future generations. The organization employs a team of 28 individuals.
Official website here: www.libertyspromise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Liberty's Promise has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates high standards in managing its financial resources and governance practices, which is essential for building donor trust and ensuring effective use of donations.
The organization demonstrates notable strengths, including a fully independent board of directors and robust financial oversight mechanisms, with no reported material diversions of assets. With a program expense ratio of 80.81%, Liberty's Promise allocates a substantial portion of its funding directly toward its mission-driven programs, showcasing its commitment to maximizing the impact of donations.
While the organization appears financially sound and well-governed, it is important for potential donors to continue monitoring its performance and impact in the community. Overall, Liberty's Promise exemplifies a nonprofit that prioritizes accountability and effective financial management, making it a worthwhile option for support.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty's Promise legitimate?
Liberty's Promise is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty's Promise 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: $89,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $640,666
For more financial information, click here
Official website here: www.libertyspromise.org
What is the mission statement of Liberty's Promise?
Liberty's Promise, an organization, aims to support young immigrants in need, fostering their active participation and conscientiousness as American citizens. The organization's programs strive to create a positive immigrant experience for newcomers, instilling in them a sense of pride and support for American democratic ideals of freedom and equality. By doing so, Liberty's Promise works to reinforce these fundamental democratic traditions for future generations. The organization's mission is to contribute to the affirmation of America's democratic values and egalitarian traditions, ensuring a positive impact on the lives of young immigrants.
Official website here: www.libertyspromise.org
What is the revenue of Liberty's Promise?
Liberty's Promise's revenue in 2023 was $1,165,798.
Official website here: www.libertyspromise.org
Who are the executives of Liberty's Promise and what are their salaries?
The average compensation at Liberty's Promise during 2023 was $26,065. There are 28 employees and 60 volunteers at Liberty's Promise.
Here are 8 key members and their salaries:
- Compensation: $89,167
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Official website here: www.libertyspromise.org
Where can I find the form 990 for Liberty's Promise?
Liberty's Promise's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.libertyspromise.org
Learn more at the official website: www.libertyspromise.org
Mission Statement of Liberty's Promise
Liberty's Promise is an organization dedicated to supporting young immigrants in need while encouraging their active participation and conscientious citizenship in America. Its programs aim to create a positive immigrant experience for newcomers, instilling in them a sense of pride and support for America's democratic ideals and values of equality and freedom. By doing so, Liberty's Promise aims to reinforce the fundamental egalitarian and democratic traditions of this country for future generations.
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Impact
October, 2024
Liberty's Promise has a significant impact on young immigrants by fostering a supportive environment that encourages active participation in American society. Through structured programs, the organization provides opportunities for low-income, immigrant youth to engage in eight-week internships, which not only enhance their professional skills but also boost their confidence and sense of belonging.
By promoting civic engagement through after-school programs, Liberty's Promise inspires these young individuals to become informed and involved citizens, instilling a sense of pride in American ideals of democracy and freedom. Long-term mentoring initiatives ensure that participants remain in school and pursue higher education, equipping them for successful careers.
The collaborative approach with government agencies, businesses, and other organizations amplifies these efforts, creating a comprehensive support system that positively shapes the immigrant experience. Overall, Liberty's Promise plays a crucial role in preparing future generations to uphold the nation’s egalitarian and democratic traditions.
This information is meant to be a general summary of Liberty's Promise. 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: $2,098
- Gross Receipts: $1,165,798
Assets and Liabilities:
- Total Assets: $1,164,458
- Total Liabilities: $293,812
- Net Assets: $870,646
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Organization Details
Founding Year
2003
Principal Officer
Robert Ponichtera
Website
www.libertyspromise.orgNTEE Category
Code: P80 - Human services
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