Overview
What is Operation Graduation?
Operation Graduation is a nonprofit organization situated in Detroit, Michigan, with an address at 15000 TROJAN STREET. Their primary mission is to provide educational opportunities and scholarships for underserved youth in the Detroit area, aiming to create life-altering experiences for these young individuals. To achieve this goal, they offer financial assistance to cover facility expenses for the Jalen Rose Leadership Academy, make charitable contributions to its programs, and grant scholarships to its graduating students. In summary, Operation Graduation facilitates transformative opportunities for disadvantaged youth through scholarships and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Operation Graduation has earned an 87% score, reflecting a strong focus on accountability and finance. The organization received a Three-Star rating, indicating solid financial health and transparency. The high score in accountability is driven by the presence of a predominantly independent board and comprehensive financial oversight measures, including well-documented policies for conflict of interest and whistleblower protections.
Strengths of Operation Graduation include a very favorable program expense ratio of 94.55%, which shows that a significant portion of its resources is directed toward its mission. Additionally, the organization has demonstrated no material diversion of assets, and its liabilities to assets ratio is low at 16.03%, suggesting strong financial stability.
While the overall score is robust, it is important for potential donors to note that this rating is based entirely on the accountability and finance beacon. Therefore, individuals interested in the organization's impact and effectiveness in achieving its mission may want to seek additional information beyond the financial metrics provided.
This AI summary has been generated from information found on Charity Navigator.
Is Operation Graduation legitimate?
Operation Graduation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Graduation 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
What is the mission statement of Operation Graduation?
Operation Graduation's mission is centered around providing life-transforming opportunities for underserved youth. This is achieved through scholarships and educational programs. The organization's primary goal is to impact the Detroit area by offering financial assistance, charitable contributions, and college scholarships to its graduating students. These initiatives aim to empower young individuals, thereby contributing to their personal growth and future success.
Who is the CEO of Operation Graduation?
Michael Carter is the President of Operation Graduation.
What is the revenue of Operation Graduation?
Operation Graduation's revenue in 2022 was $655,037.
Who are the executives of Operation Graduation and what are their salaries?
There 2 volunteers at Operation Graduation.
Here are 3 key members and their salaries:
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Operation Graduation?
Operation Graduation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operation Graduation
Operation Graduation, a nonprofit organization, is committed to creating life-altering opportunities for underserved youth in the Detroit area. This is achieved through scholarships and educational programs. The mission of Operation Graduation is to empower these youth by providing them with the necessary financial aid and educational resources to overcome their challenges and pave a path towards a brighter future. In support of this mission, Operation Graduation has collaborated with the Jalen Rose Leadership Academy, contributing funds to cover some of the facility expenses and making charitable contributions to their programs. Furthermore, Operation Graduation offers college scholarships to its graduating students, providing them with the financial means to pursue higher education and secure a promising future.
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Impact
July, 2024
Operation Graduation's impact lies in creating life-changing opportunities for underserved youth in the Detroit area through scholarships and educational programs. By providing financial support to the Jalen Rose Leadership Academy, offsetting facility expenses, making charitable contributions, and offering college scholarships to graduating students, Operation Graduation is directly contributing to the educational advancement and success of these young individuals. This support helps in breaking barriers to education and empowers youth to pursue their academic and career goals, ultimately leading to a brighter future for both the students and their communities.
This information is meant to be a general summary of Operation Graduation. 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: $561
- Gross Receipts: $811,750
Assets and Liabilities:
- Total Assets: $591,306
- Total Liabilities: $94,793
- Net Assets: $496,513
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Organization Details
Founding Year
2010
Phone
(312) 808-1006Principal Officer
Michael Carter
Main Address
15000 TROJAN STREET, DETROIT, MI, 48235
NTEE Category
Code: B82 - Education
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