Overview
What is Tsic Of Sarasota County Inc?
Tsic of Sarasota County Inc, located in Sarasota, Florida, is a nonprofit organization dedicated to supporting at-risk youth from low-income families. Their mission is to offer hope for the future by placing these students in an environment conducive to success, providing them with mentors and necessary support to help them graduate high school and pursue further education. In the year ending June 30, 2022, the organization served 290 students in grades 6-12, celebrated 608 high school graduates, and had 200 mentors actively involved in the program. With a team of 11 dedicated individuals, Tsic of Sarasota County Inc strives to empower its young charges, enabling them to achieve their dreams.
Official website here: www.takestocksarasota.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Stars
Tsic Of Sarasota County Inc has received an impressive rating of 99%, reflecting a strong commitment to accountability and financial integrity. The charity has a Four-Star rating, indicating that it performs well in multiple areas, particularly in its Accountability & Finance score of 97 and an outstanding Impact & Measurement score of 100. With 100% of its board members being independent, it demonstrates a robust governance structure and adherence to best practices.
The organization excels in financial management, showcasing a program expense ratio of 90.12%, meaning that a significant portion of its budget is allocated directly to its programs. Its fundraising efficiency is also noteworthy, with a ratio of $0.04 spent on fundraising for every dollar raised. Additionally, the charity maintains a solid working capital ratio, which indicates good financial health and sustainability.
While the data highlights many strengths, the overall score reflects that there may be room for improvement in the accountability and finance category, as it is lower than the impact measurement score. Nevertheless, the program's effectiveness is evident, with evaluations showing that for every dollar spent, recipients gain an income increase of more than $1.25, pointing to a successful impact on scholarship beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Tsic Of Sarasota County Inc legitimate?
Tsic Of Sarasota County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsic Of Sarasota County 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: $47,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,940
For more financial information, click here
Official website here: www.takestocksarasota.org
What is the mission statement of Tsic Of Sarasota County Inc?
Tsic of Sarasota County Inc, through its Take Stock in Children program, aims to identify at-risk youth from low-income families and provide them with a pathway to success. The program offers full-tuition scholarships to college or technical school, as well as mentorship and case management support, enabling these youth to achieve high school graduation and pursue higher education. During the 2022 fiscal year, the program served 290 students in grades 6-12, celebrated the graduation of 608 high school students, and had 200 mentors actively participating in the program.
Official website here: www.takestocksarasota.org
Who is the CEO of Tsic Of Sarasota County Inc?
Lisa A Bechtold is the Chairman of Tsic Of Sarasota County Inc.
Official website here: www.takestocksarasota.org
What is the revenue of Tsic Of Sarasota County Inc?
Tsic Of Sarasota County Inc's revenue in 2022 was $1,520,237.
Official website here: www.takestocksarasota.org
Who are the executives of Tsic Of Sarasota County Inc and what are their salaries?
The average compensation at Tsic Of Sarasota County Inc during 2022 was $34,870. There are 11 employees and 220 volunteers at Tsic Of Sarasota County Inc.
Here are 14 key members and their salaries:
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- Compensation: $32,778
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- Other: $13,996
Official website here: www.takestocksarasota.org
Where can I find the form 990 for Tsic Of Sarasota County Inc?
Tsic Of Sarasota County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.takestocksarasota.org
Learn more at the official website: www.takestocksarasota.org
Mission Statement of Tsic Of Sarasota County Inc
Tsic of Sarasota County Inc, a mentoring program, is dedicated to recognizing at-risk youth from low-income families and offering them a pathway to success. The organization's mission is to instill hope in these young individuals, providing them with a full-tuition scholarship to attend either college or technical school. Alongside the financial aid, Tsic of Sarasota County Inc offers the necessary support and guidance to help these students achieve their academic goals and eventually enter post-secondary education.
Throughout the year ending June 30, 2022, Tsic of Sarasota County Inc catered to 290 students in grades 6-12. The program's efforts resulted in 608 high school graduates, demonstrating the organization's impact on the lives of these at-risk youth. Furthermore, the program counted 200 mentors actively participating in its initiatives, providing the personal and emotional support that these students need to succeed. By offering a comprehensive approach that combines financial assistance, mentoring, and case management, Tsic of Sarasota County Inc is contributing to the future of these at-risk youth, helping them to overcome adversity and pursue their dreams.
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Impact
October, 2024
Tsic Of Sarasota County Inc plays a vital role in transforming the lives of at-risk youth in the region. By identifying students who face significant challenges, the organization provides a structured environment conducive to success, where young individuals can thrive academically and personally.
With a focus on mentorship, Tsic connects these youth with dedicated mentors, creating supportive relationships that foster growth and resilience. The organization also offers essential program support and case management to ensure that students have the resources they need to navigate academic challenges.
As of June 30, 2022, Tsic has positively impacted the lives of 290 students in grades 6-12 and celebrated the graduation of 608 high school graduates. This achievement underscores their commitment to not only ensuring high school completion but also paving the way for further educational pursuits, such as college or technical school.
By equipping at-risk youth from low-income families with full-tuition scholarships and the necessary assistance, Tsic instills hope and empowers students to realize their dreams, contributing to a brighter future for both the individuals and the community as a whole.
This information is meant to be a general summary of Tsic Of Sarasota County 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 2022.
- Investment Income: $6,041
- Gross Receipts: $1,520,688
Assets and Liabilities:
- Total Assets: $7,883,249
- Total Liabilities: $808,761
- Net Assets: $7,074,488
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Organization Details
Founding Year
2002
Phone
(941) 358-4407Principal Officer
Lisa A Bechtold
Main Address
PO BOX 48186, SARASOTA, FL, 34230
Website
www.takestocksarasota.orgNTEE Category
Code: B82 - Education
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