Overview
What is College Application Education Project Inc?
College Application Education Project Inc, established in Lynn, Massachusetts, is a nonprofit organization dedicated to assisting students and their parents in navigating the college application process and financial aid. Their mission involves providing direct college preparation training, aiding in career development, college selection, and completing admission and financial applications. The organization offers a unique mechanism to help students, regardless of their cultural background, overcome the financial barrier of college application fees. By doing so, they contribute to empowering individuals to pursue higher education and further their careers.
Official website here: www.caeproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning a Two-Star out of Four Star rating.
The College Application Education Project Inc has received a Two-Star rating, indicating some concerns about its accountability and financial practices. With a score of 61 in Accountability & Finance, the organization shows strengths such as having a fully independent board and no material diversion of assets. However, it lacks key policies, such as a conflict of interest policy, a whistleblower policy, and document retention guidelines, which could impact its governance and transparency.
Despite these governance shortcomings, the organization demonstrates a strong commitment to its mission, reflected in a perfect program expense ratio of 100%. This suggests that all of its expenses are directed towards its programs, maximizing the impact on its beneficiaries. However, its high liabilities to assets ratio at 188.61% raises concerns about financial health and sustainability, which could limit its capacity to operate effectively in the long term. Overall, while the organization is dedicated to its cause, the areas of governance and financial stability require significant attention.
This AI summary has been generated from information found on Charity Navigator.
Is College Application Education Project Inc legitimate?
College Application Education Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Application Education Project 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: $17,085
For more financial information, click here
Official website here: www.caeproject.org
What is the mission statement of College Application Education Project Inc?
The College Application Education Project Inc's mission is centered around supporting students and their parents, regardless of cultural backgrounds. The organization serves as a platform, providing direct college preparation training. This training aids in career development, college selection, and admission processes, as well as navigating financial application procedures. The project's ultimate goal is to assist students in overcoming financial barriers associated with college application fees.
Official website here: www.caeproject.org
Who is the CEO of College Application Education Project Inc?
Arthur Akers is the Director of College Application Education Project Inc.
Official website here: www.caeproject.org
What is the revenue of College Application Education Project Inc?
College Application Education Project Inc's revenue in 2023 was $43,976.
Official website here: www.caeproject.org
Who are the executives of College Application Education Project Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.caeproject.org
Where can I find the form 990 for College Application Education Project Inc?
College Application Education Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.caeproject.org
Learn more at the official website: www.caeproject.org
Mission Statement of College Application Education Project Inc
The College Application Education Project Inc is committed to helping students and their parents navigate the complex process of college applications, particularly in relation to financial aid. As a mechanism, this organization provides direct college preparation training to individuals from various cultural backgrounds. This training aids in career development, college selection, and the completion of admissions and financial application forms. In essence, the College Application Education Project Inc serves as a supportive platform that assists students and their families in overcoming financial barriers and securing opportunities for higher education.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
College Application Education Project Inc's impact lies in its critical role of assisting students and parents with college and financial aid applications, as well as career development. By providing direct college preparation training to individuals from all cultures, this organization is helping to break down barriers to higher education and empower individuals to pursue their academic and career goals. Additionally, by helping students with the cost of college application fees, College Application Education Project Inc is facilitating access to post-secondary education for those who may face financial challenges. Overall, the organization's work is contributing to the increased opportunities and success of students in navigating the college application process and pursuing their academic aspirations.
This information is meant to be a general summary of College Application Education Project 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $43,976
- Gross Receipts: $43,976
Assets and Liabilities:
- Total Assets: $30,445
- Total Liabilities: $57,423
- Net Assets: -$26,978
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME AND GRANT
Revenue
$43,976
Organization Details
Founding Year
2004
Phone
(781) 595-1022Principal Officer
Arthur Akers
Main Address
PO BOX 71, LYNN, MA, 01905
Website
www.caeproject.orgNTEE Category
Code: B80 - Education
If you are a representative of College Application Education Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.