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Benefit Tomorrow

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

EIN: 275424402 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Benefit Tomorrow?

Benefit Tomorrow is a nonprofit organization situated in San Jose, California, with a specific focus on empowering teenagers. By encouraging their involvement in school clubs and community service, the organization aims to foster leadership potential, organizational skills, teamwork, charity consciousness, social awareness, technological innovation, and interests in various fields, including arts, sports, and sciences. Additionally, Benefit Tomorrow emphasizes the importance of environmental issues. Their goal is to foster a healthier environment and enhance opportunities for the next generation, ultimately enhancing their skills and competitiveness.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57%

Benefit Tomorrow has received a One-Star out of Four Star rating, indicating significant areas for improvement, particularly in accountability and finance. The organization has a low score due to the absence of independent board members and missing critical documentation such as their website on tax forms and board meeting minutes. While they have a strong program expense ratio of 93%, showcasing effective allocation of funds towards their programs, the overall leadership and governance metrics raise concerns.

The lack of independent board members and a whistleblower policy suggests potential governance issues that could affect transparency and accountability. The organization's material diversion of assets is noted as none, which is a positive aspect, reflecting financial stability. However, the absence of key policies and documentation limits trust and oversight within the organization.

Overall, while Benefit Tomorrow is effective in delivering programmatic services, the substantial gaps in governance and financial transparency highlight the need for enhancements in their operational practices. Addressing these weaknesses could improve their rating and foster greater confidence among donors and stakeholders.


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

Is Benefit Tomorrow legitimate?

Benefit Tomorrow is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benefit Tomorrow 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 Benefit Tomorrow?

Benefit Tomorrow's mission is focused on inspiring teenagers to engage in school activities and community service. The organization aims to nurture leadership qualities, organizational skills, teamwork, charitable mindset, social awareness, technological innovation, and interests in arts, sports, and sciences. Moreover, Benefit Tomorrow strives to foster a sense of environmental responsibility in these teenagers. Its ultimate goal is to contribute to a healthier environment and provide enhanced opportunities for the next generation, thereby enhancing their skills and competitiveness.

Who is the CEO of Benefit Tomorrow?

Jessie Kim is the Ceo of Benefit Tomorrow. The CEO's salary of Benefit Tomorrow is $0 and their total compensation is $0.

What is the revenue of Benefit Tomorrow?

Benefit Tomorrow's revenue in 2022 was $69,096.

Who are the executives of Benefit Tomorrow and what are their salaries?

There 20 volunteers at Benefit Tomorrow.


Here are 3 key members and their salaries (Benefit Tomorrow's CEO's salary is $0 and their total compensation is $0):


Tiana Chu (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace C Chen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Kim (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Benefit Tomorrow?

Benefit Tomorrow's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Benefit Tomorrow

Benefit Tomorrow, as a nonprofit organization, aims to inspire teenagers to become actively engaged in school clubs and community service. Its mission is multifaceted, seeking to foster leadership potential, enhance organizational skills, and promote teamwork among young individuals. It encourages a charitable mindset and social consciousness, while also nurturing an interest in technology, arts, sports, and sciences. Furthermore, Benefit Tomorrow is dedicated to instilling a sense of environmental responsibility in these teenagers. By engaging in these activities, the organization aims to create a healthier environment and provide better opportunities for the next generation, ultimately enhancing their skills and competitiveness.

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Impact




August, 2024

Benefit Tomorrow aims to empower teenagers by encouraging active participation in school clubs, community service, and various other activities. The organization promotes leadership potential, organizational skills, teamwork, charity, social consciousness, and interest in arts, sports, sciences, and environmental issues among young individuals. Through its mission to create a healthier environment and provide better opportunities for the next generation, Benefit Tomorrow seeks to enhance the skills and competitiveness of teenagers.




This information is meant to be a general summary of Benefit Tomorrow. 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
$69,096 (2022)
Expenses
$86,547 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $96
  • Gross Receipts: $69,096

Assets and Liabilities:

  • Total Assets: $414,336
  • Total Liabilities: $0
  • Net Assets: $414,336

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Organization Details

Founding Year

2011

Principal Officer

Jessie Kim

Main Address

1012 TULIPAN DRIVE, SAN JOSE, CA, 95129

NTEE Category

Code: A23 - Arts

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