Overview
What is Peru Champs Association?
The Peru Champs Association is a nonprofit organization located in Frankfort, Illinois. Their primary mission is to provide scholarships for children with exceptional potential, hailing from low-income Peruvian families, to attend Innov Schools and gain access to a top-tier education. By offering this opportunity, the Association aims to empower these young minds, ultimately contributing to the betterment of their communities in Peru. The Association operates with a clear focus on supporting deserving students, ensuring they receive a world-class education despite their financial circumstances.
Official website here: www.peruchamps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Peru Champs Association demonstrates some strengths in governance and financial management, there are significant areas requiring improvement. The organization has a strong accountability score, particularly for having a fully independent board, which enhances its governance framework.
One of the notable strengths of the Peru Champs Association is its high program expense ratio of 99.93%, suggesting that nearly all of its resources are dedicated to its mission-driven activities. Additionally, the absence of material diversion of assets points to sound financial practices. However, the lack of financial statements and several missing policies, such as those for whistleblowing and document retention, raise concerns about transparency and accountability.
Overall, while the Peru Champs Association shows promise in its operational focus, the absence of crucial financial documentation and governance policies limits its overall rating. Addressing these deficiencies could improve its standing and provide greater assurance to donors and stakeholders regarding its financial health and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Peru Champs Association legitimate?
Peru Champs Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peru Champs Association 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.peruchamps.org
What is the mission statement of Peru Champs Association?
The Peru Champs Association aims to provide scholarships for children with high potential from low-income Peruvian families, enabling them to attend Innov Schools and receive a world-class education. By offering these scholarships, the association seeks to empower these children with quality education, thereby opening up opportunities and improving their lives. The association's mission is centered around fostering intellectual growth and providing a solid educational foundation to children who might not otherwise have had the chance. The scholarships provided by the Peru Champs Association can significantly impact a child's life, offering them a pathway to a brighter future.
Official website here: www.peruchamps.org
Who is the CEO of Peru Champs Association?
Alberto De Cardenas is the President - Part Time of Peru Champs Association.
Official website here: www.peruchamps.org
What is the revenue of Peru Champs Association?
Peru Champs Association's revenue in 2022 was $1,631,250.
Official website here: www.peruchamps.org
Who are the executives of Peru Champs Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.peruchamps.org
Where can I find the form 990 for Peru Champs Association?
Peru Champs Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.peruchamps.org
Learn more at the official website: www.peruchamps.org
Mission Statement of Peru Champs Association
Peru Champs Association is an organization that dedicates its mission to providing scholarly opportunities for children with exceptional potential, hailing from low-income families in Peru. By granting scholarships, these gifted students are able to attend Innov Schools, where they can benefit from a top-notch global education. The ultimate goal of Peru Champs Association is to empower these talented children, thus broadening their horizons and enabling them to reach their full potential. By offering this life-changing opportunity, the association aims to level the playing field and provide equal access to quality education, fostering a brighter future for these promising young individuals.
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Impact
October, 2024
Peru Champs Association significantly transforms the educational landscape for children in Peru by providing scholarships specifically designed for high-potential students from low-income families. By enabling these children to attend Innov Schools, the organization facilitates access to a world-class education that would otherwise be unattainable for them. This initiative not only nurtures individual talents and abilities but also empowers families and communities, creating a ripple effect of positive change. As these young scholars receive quality education, they are equipped with the skills and knowledge necessary to pursue their aspirations, ultimately contributing to the socioeconomic development of their communities and the country as a whole.
This information is meant to be a general summary of Peru Champs Association. 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.
- Gross Receipts: $1,631,250
Assets and Liabilities:
- Total Assets: $662,652
- Total Liabilities: $0
- Net Assets: $662,652
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Organization Details
Founding Year
2014
Phone
(708) 799-6800Principal Officer
Alberto De Cardenas
Main Address
C/O FHA 20940 S FRANKFORT SQ RD, FRANKFORT, IL, 60423
Website
www.peruchamps.orgNTEE Category
Code: B82 - Education
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