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Class Matters Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273102028 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Class Matters Inc?

Class Matters Inc, headquartered in Oklahoma City, Oklahoma, is a nonprofit organization that offers after-school educational programs for at-risk middle school, high school, and first-year college students. Their curriculum, led by science, technology, engineering, and mathematics educators, focuses on hands-on engineering, entrepreneurship, and leadership skills. These programs run four days a week and benefited 463 students in 2020. Class Matters Inc's mission is to provide educational instruction that encourages personal development in professional skills and relationships, ultimately supporting further education and self-development.


Official website here: www.class-matters.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Class Matters Inc has achieved a respectable Three-Star rating, indicating a solid performance in terms of accountability and finance. The organization boasts a high program expense ratio of 90.42%, demonstrating a strong commitment to directing funds toward its mission rather than administrative costs. Additionally, the board is largely independent, with 83% of its members being independent, which is a positive sign for governance practices.

However, there are some areas for improvement. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, which are important for maintaining transparency and accountability. While they have a record of board meeting minutes and no material diversion of assets has been reported, the absence of these policies could raise concerns for some stakeholders.

Overall, Class Matters Inc shows commendable financial health and governance structures, but addressing the missing policies could enhance its overall accountability framework and trust with donors and beneficiaries alike.


This AI summary has been generated from information found on Charity Navigator.

Is Class Matters Inc legitimate?

Class Matters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Class Matters 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.class-matters.org

What is the mission statement of Class Matters Inc?

Class Matters Inc, as an organization, is dedicated to providing educational instruction to youth. Their mission is to foster the personal development of these young individuals, specifically in the realm of professional skills and relationship building. This educational approach aims to support their further education and self-development. Class Matters Inc accomplishes this through after-school programs that focus on engineering, entrepreneurship, and leadership. These programs are led by educators in the fields of science, technology, engineering, and mathematics (STEM), and are offered four days a week. In 2020, 463 students benefited from these enriching programs.


Official website here: www.class-matters.org

Who is the CEO of Class Matters Inc?

Darron Lamkin is the Director of Class Matters Inc.


Official website here: www.class-matters.org

What is the revenue of Class Matters Inc?

Class Matters Inc's revenue in 2022 was $170,158.


Official website here: www.class-matters.org

Who are the executives of Class Matters Inc and what are their salaries?


Here are 7 key members and their salaries:


Darron Lamkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shante Lamkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rickey Vick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Work (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Pham (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.class-matters.org

Where can I find the form 990 for Class Matters Inc?

Class Matters Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.class-matters.org

Learn more at the official website: www.class-matters.org

Mission Statement of Class Matters Inc

Class Matters Inc, a nonprofit organization, is committed to providing educational instruction that fosters personal development in at-risk middle school, high school, and first-year college students. Their mission is centered around equipping these young individuals with professional skills and strengthening their relationships, ultimately preparing them for further education and self-development. The institution accomplishes this through hands-on engineering, entrepreneurial, and leadership programs led by science, technology, engineering, and mathematics educators. These programs are offered four days a week and reached 463 students during 2020. Class Matters Inc's mission is geared towards empowering these young individuals, providing them with the tools necessary to navigate their future and grow into confident, capable individuals.

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Impact




October, 2024

Class Matters Inc has a significant impact on the educational landscape for at-risk students in Oklahoma City. By providing hands-on engineering, entrepreneurial, and leadership programs, they actively foster personal development in youth, equipping them with essential skills for their future.

The organization focuses on middle school, high school, and first-year college students, offering targeted support during critical transition periods in their education. Led by experienced educators in science, technology, engineering, and mathematics (STEM), the program runs four days a week, ensuring consistent engagement and learning opportunities.

In 2020, Class Matters Inc positively influenced the lives of 463 students, empowering them with professional skills and promoting strong relationships that enhance further education and self-development. Through its initiatives, Class Matters Inc not only nurtures individual potential but also contributes to building a more skilled and confident future generation.




This information is meant to be a general summary of Class Matters 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.

Revenue
$170,158 (2022)
Expenses
$166,779 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $170,158

Assets and Liabilities:

  • Total Assets: $11,625
  • Total Liabilities: $0
  • Net Assets: $11,625

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Organization Details

Founding Year

2010

Principal Officer

Darron Lamkin

Main Address

2625 NW 114TH, OKLAHOMA CITY, OK, 73120

NTEE Category

Code: O50 - Youth development

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