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Project Grad Kenai Peninsula

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

EIN: 300212786 ✦ Homer, AK ✦ Designated as a 501(c)(3)

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Overview

What is Project Grad Kenai Peninsula?

Project Grad Kenai Peninsula is a nonprofit organization situated in Homer, Alaska. Their primary focus is to enrich the educational journey of underprivileged students in four rural communities within the Kenai Peninsula Borough School District, specifically Nanwalek, Port Graham, Tyonek, and Ninilchik. They achieve this by providing academic and instructional coaching, social-emotional learning, case management, postsecondary awareness, and enrollment services. Their mission is to foster generational change by enhancing the educational experience of these under-served Alaskan students, aiming to positively impact their lives and communities. With a dedicated workforce of 20 individuals, Project Grad Kenai Peninsula is committed to supporting students, teachers, and families in these Alaska Native villages.


Official website here: www.projectgradkenai.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Project Grad Kenai Peninsula has received a low rating primarily due to its financial management and accountability metrics. While the organization has a fully independent board and has passed several governance checks, its financial ratios indicate significant concerns, particularly regarding the proportion of program expenses compared to total expenses. The charity's program expense ratio is notably below expectations, suggesting that a limited portion of its budget is directed towards its programs.

On the positive side, the organization has demonstrated good governance practices, such as having a conflict of interest policy, a whistleblower policy, and the regular documentation of board meeting minutes. Furthermore, the financial statements are audited, and there have been no reported material diversions of assets, which reflects a degree of reliability in its operations.

However, the absence of the tax form on its website and a high liabilities-to-assets ratio raise red flags about its financial health. This indicates that while the organization is compliant in many governance aspects, it may need to improve its financial allocation towards programs and transparency to enhance its overall rating and effectiveness.


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

Is Project Grad Kenai Peninsula legitimate?

Project Grad Kenai Peninsula is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Grad Kenai Peninsula 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: $109,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $668,314

For more financial information, click here


Official website here: www.projectgradkenai.org

What is the mission statement of Project Grad Kenai Peninsula?

Project Grad Kenai Peninsula aims to instigate generational change by improving the educational experience for underserved Alaskan students. Through its mission, it enriches the educational journey for youth in rural communities, providing academic coaching, social-emotional learning, case management, post-secondary awareness, and enrollment services. These resources support students, teachers, and families in various Alaska Native villages, fostering a more enriching learning environment.


Official website here: www.projectgradkenai.org

Who is the CEO of Project Grad Kenai Peninsula?

Jane Beck is the Executive Di of Project Grad Kenai Peninsula.


Official website here: www.projectgradkenai.org

What is the revenue of Project Grad Kenai Peninsula?

Project Grad Kenai Peninsula's revenue in 2022 was $1,539,000.


Official website here: www.projectgradkenai.org

Who are the executives of Project Grad Kenai Peninsula and what are their salaries?

The average compensation at Project Grad Kenai Peninsula during 2022 was $38,867. There are 20 employees and 7 volunteers at Project Grad Kenai Peninsula.


Here are 8 key members and their salaries:


Jane Beck (Executive Di)
  • Compensation: $93,237
  • Related: $0
  • Other: $14,643
Bob Moore (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conrad Woodhead (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rayna Bird (Alternate Vi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Millie Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Hetrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Malchoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vide Kroto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projectgradkenai.org

Where can I find the form 990 for Project Grad Kenai Peninsula?

Project Grad Kenai Peninsula's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectgradkenai.org

Learn more at the official website: www.projectgradkenai.org

Mission Statement of Project Grad Kenai Peninsula

Project Grad Kenai Peninsula is dedicated to inducing generational transformation by enhancing the educational journey of underprivileged Alaska students. Their mission is centered around enriching the educational experience for youth in some of the most remote communities within the Kenai Peninsula Borough School District. Through academic and instructional coaching, social emotional learning and case management, postsecondary awareness and enrollment services, Project Grad Kenai Peninsula has been supporting students, teachers, and families in the Alaska Native villages of Nanwalek, Port Graham, Tyonek, and Ninilchik, as part of the Alaska Native ED program. This program aims to bolster the educational experience for these under-served students, thereby fostering a positive impact on their future and contributing to generational change.

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Impact




October, 2024

Project Grad Kenai Peninsula significantly enhances the educational experiences of under-served Alaskan students, focusing on generational change. Through its Alaska Native Education program, it provides critical support in four rural communities: Nanwalek, Port Graham, Tyonek, and Ninilchik. This initiative includes academic and instructional coaching, social emotional learning, case management, and postsecondary awareness and enrollment services.

By addressing both academic and emotional needs, the program not only improves student outcomes but also empowers families and teachers within these communities. The holistic approach fosters a supportive environment that encourages educational growth and a seamless transition to postsecondary education, ultimately helping to break cycles of underachievement. The impact is profound, paving the way for empowered students equipped with the tools to succeed in their future endeavors.




This information is meant to be a general summary of Project Grad Kenai Peninsula. 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
$1,539,000 (2022)
Expenses
$1,507,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92
  • Program Service Revenue: $118,626
  • Gross Receipts: $1,539,000

Assets and Liabilities:

  • Total Assets: $401,124
  • Total Liabilities: $37,574
  • Net Assets: $363,550

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICES FEES

Revenue

$118,626

Organization Details

Founding Year

2003

Principal Officer

Jane Beck

Main Address

PO BOX 1725, HOMER, AK, 99603

NTEE Category

Code: B05 - Education

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