Overview
What is Strive Foundation?
The Strive Foundation, situated in Los Angeles, California, is a dedicated nonprofit organization that serves approximately 140 students daily. Its primary goal is to provide an academically enriching environment, fostering character development and equipping children with essential skills to navigate their challenging community in Watts and beyond. The foundation focuses on enhancing competencies in reading, writing, English language fluency, and math, aiming to improve students' proficiency levels. In addition, Strive offers support in computer and information literacy, culinary arts, and arts, fostering a well-rounded educational experience. Furthermore, the Strive Foundation encourages the development of moral, creative, and entrepreneurial spirit, providing resources and guidance to the community's youth and their families. In 2021, Strive enhanced its staff training and development, and completed the acquisition of the adjacent property to facilitate program expansion. The organization currently employs 26 individuals.
Official website here: www.strive-la.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Strive Foundation has achieved an 88% rating from Charity Navigator, indicating strong performance in accountability and finance. This score is derived entirely from their accountability and finance metrics, showcasing a well-governed organization with a majority of independent board members and a solid financial audit history. The foundation's program expense ratio of 82.76% demonstrates a commitment to utilizing funds effectively for its mission.
User reviews highlight the organization’s positive impact on both individual participants and the broader community. Many volunteers and clients express gratitude for the educational and emotional support provided, noting that Strive fosters a safe and nurturing environment where children can thrive. Former participants often reflect on the valuable life skills learned and the lasting impressions left by their experiences.
However, there are some limitations mentioned in the reviews. Users noted the absence of certain policies, such as conflict of interest and whistleblower policies, which could enhance transparency and governance. Despite this, the overall sentiment remains overwhelmingly positive, indicating that Strive Foundation is making a significant difference in the community it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Strive Foundation legitimate?
Strive Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strive Foundation 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: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,959
For more financial information, click here
Official website here: www.strive-la.org
What is the mission statement of Strive Foundation?
The Strive Foundation's primary mission is to offer exceptional academic guidance and support to children, youth, and their families in a community, specifically in Watts, Los Angeles. They focus on education and development in various areas, including reading, writing, and English literacy; mathematics and cognitive skills; computer and information literacy; culinary arts; and the arts. Furthermore, the foundation nurtures moral, creative, and entrepreneurial spirits through its Protege resources. Their goal is to empower individuals, fostering their growth in multiple aspects.
Official website here: www.strive-la.org
Who is the CEO of Strive Foundation?
James E Tetreau is the Vice-President of Strive Foundation.
Official website here: www.strive-la.org
What is the revenue of Strive Foundation?
Strive Foundation's revenue in 2022 was $1,036,385.
Official website here: www.strive-la.org
Who are the executives of Strive Foundation and what are their salaries?
The average compensation at Strive Foundation during 2022 was $22,191. There are 26 employees at Strive Foundation.
Here are 13 key members and their salaries:
- Compensation: $75,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $100,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.strive-la.org
Where can I find the form 990 for Strive Foundation?
Strive Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.strive-la.org
Learn more at the official website: www.strive-la.org
Mission Statement of Strive Foundation
The Strive Foundation, a non-profit organization, is committed to delivering exceptional academic guidance to children, youth, and their families residing in the Watts community of Los Angeles. Its primary mission involves providing education, support, and development in various areas, including reading, writing, and English literacy; mathematics and cognitive skills; computer and information literacy; culinary arts; and arts. Furthermore, the Strive Foundation fosters the moral, creative, and entrepreneurial spirit in its beneficiaries through a program called Protege Resources. In essence, the organization aims to equip these young individuals with the necessary skills and resources to thrive academically and personally.
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
October, 2024
Strive Foundation significantly impacts the Watts and Los Angeles community by providing exceptional academic guidance and support to children, youth, and their families. By focusing on essential skills such as reading, writing, and English literacy, as well as math and cognitive skills, Strive empowers approximately 140 students daily. The foundation creates a nurturing and structured academic environment that enables students to achieve proficiency in their grade-level knowledge.
Strive's programs also emphasize computer and information literacy, culinary arts, and the development of moral, creative, and entrepreneurial skills, equipping youth with a broad range of competencies essential for personal and professional success. Moreover, the organization addresses the broader challenges faced by the community by offering resources and guidance to navigate these issues effectively.
Recent improvements in staff training and the acquisition of additional property for program expansion highlight Strive’s commitment to enhancing educational services. This progressive approach not only supports the immediate learning needs of the students but also fosters a sanctuary where they can thrive, paving the way for brighter futures in a challenging environment.
This information is meant to be a general summary of Strive Foundation. 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.
- Investment Income: $18,845
- Program Service Revenue: $15,485
- Gross Receipts: $1,045,832
Assets and Liabilities:
- Total Assets: $3,055,725
- Total Liabilities: $0
- Net Assets: $3,055,725
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.
STUDENT REGISTRATION
Revenue
$7,920
IN-HOUSE SALE OF SNACK
Revenue
$7,565
Organization Details
Founding Year
1991
Phone
(323) 779-1064Principal Officer
James E Tetreau
Main Address
9124 SOUTH MAIN STREET, LOS ANGELES, CA, 90003
Website
www.strive-la.orgNTEE Category
Code: O21P - Youth development
If you are a representative of Strive Foundation 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.