Overview
What is Midtown Educational Foundation?
The Midtown Educational Foundation, situated in Chicago, Illinois, is a dedicated nonprofit organization that aids low-income urban youth. Their primary goal is to foster success among these young individuals, utilizing enrichment programs that emphasize academic excellence, virtue development, and individual attention. The foundation operates two centers, the Midtown Center for boys and the Metro Achievement Center for girls, where they offer academic courses such as math, science, and English, preparing students for college-preparatory high schools. Character development is a key focus, instilling habits of successful individuals with good character. Parental engagement is also encouraged, as the foundation values the role of families in their students' growth. With a workforce of 111 dedicated individuals, Midtown Educational Foundation strives to help close the achievement gap for Chicago's urban youth aged eight to eighteen.
Official website here: www.midtown-metro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
Midtown Educational Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts excellent scores in various areas, including 100% independent board members and a remarkable program expense ratio of 66.16%. This strong financial oversight reflects the commitment to transparency and effective use of resources.
User reviews highlight the impactful programs offered by Midtown, with many praising the positive environment created for both students and families. Clients and volunteers express gratitude for the nurturing guidance provided by teachers, which reinforces important life lessons and fosters community among parents. The testimonials speak to the foundation's ability to empower young people, particularly through mentoring and character-building initiatives.
While the foundation exhibits remarkable strengths, some areas such as the program expense ratio might benefit from further enhancement to maximize impact. Nevertheless, overall feedback suggests that Midtown Educational Foundation is making significant strides in supporting the educational and personal development of youth in Chicago.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Midtown Educational Foundation legitimate?
Midtown Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midtown Educational 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: $115,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,443,041
For more financial information, click here
Official website here: www.midtown-metro.org
What is the mission statement of Midtown Educational Foundation?
The Midtown Educational Foundation aims to assist low-income urban youth in Chicago, particularly between the ages of eight and eighteen, in achieving success. Their approach focuses on academic excellence, virtue development, individual attention, and active parental engagement. Through their Midtown Center and Metro Achievement Center, the foundation works towards bridging the achievement gap. The foundation's programs, including the Midtown/Metro Achievement Program for grades seven to eight, offer mathematics, science, and English courses to prepare students for college-preparatory high schools. Character development is a significant focus, with individual advisors helping students develop the habits of successful individuals with positive character traits.
Official website here: www.midtown-metro.org
Who is the CEO of Midtown Educational Foundation?
Vince Meno is the Chairman of Midtown Educational Foundation.
Official website here: www.midtown-metro.org
What is the revenue of Midtown Educational Foundation?
Midtown Educational Foundation's revenue in 2023 was $3,858,741.
Official website here: www.midtown-metro.org
Who are the executives of Midtown Educational Foundation and what are their salaries?
The average compensation at Midtown Educational Foundation during 2023 was $14,042. There are 111 employees and 243 volunteers at Midtown Educational Foundation.
Here are 30 key members and their salaries:
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Official website here: www.midtown-metro.org
Where can I find the form 990 for Midtown Educational Foundation?
Midtown Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.midtown-metro.org
Learn more at the official website: www.midtown-metro.org
Mission Statement of Midtown Educational Foundation
Midtown Educational Foundation, a nonprofit organization, is dedicated to assisting low-income urban youth in Chicago on their journey towards success. Through its Midtown Center for boys and Metro Achievement Center for girls, the foundation focuses on bridging the achievement gap for young individuals aged eight to eighteen. The organization's mission is to foster academic excellence, virtue development, individual attention, and encourage parental engagement in its enrichment programs. Midtown Educational Foundation aims to prepare its students for college-level education by offering courses in subjects such as mathematics, science, and English. The foundation recognizes the importance of character development and emphasizes this aspect through individual advising, instilling in students the habits of successful individuals with good character.
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Impact
October, 2024
Midtown Educational Foundation has a significant impact on low-income urban youth in Chicago, guiding them towards successful futures. Through its robust enrichment programs, it fosters academic excellence and character development. The Midtown and Metro Achievement Programs offer targeted courses in math, science, and English for students in grades 7-8, preparing them for competitive high school environments and ultimately for college.
The foundation emphasizes the importance of individual attention, ensuring that each student receives personalized guidance that promotes both intellectual growth and the development of good character traits. This dual focus on academic and personal development helps students acquire the habits of successful individuals. By engaging parents in the process, the foundation cultivates a supportive community that enhances the overall growth of the youth it serves.
Through these efforts, Midtown Educational Foundation plays a crucial role in closing the achievement gap for urban youth in Chicago, helping them navigate pathways that lead to educational and life success.
This information is meant to be a general summary of Midtown Educational 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 2023.
- Investment Income: $17,225
- Program Service Revenue: $118,128
- Gross Receipts: $5,768,010
Assets and Liabilities:
- Total Assets: $6,380,362
- Total Liabilities: $238,865
- Net Assets: $6,141,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$118,128
Organization Details
Founding Year
1985
Phone
(312) 738-8300Principal Officer
Vince Meno
Main Address
718 South Loomis Street, Chicago, IL, 60607
Website
www.midtown-metro.orgNTEE Category
Code: B900 - Education
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