Arrupe Corporate Work Study Program

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460508814 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Arrupe Corporate Work Study Program?

Arrupe Corporate Work Study Program is a nonprofit initiative based in Denver, Colorado, aimed at supporting economically disadvantaged high school students. By partnering with 77 local businesses, this program allows students attending Arrupe Jesuit High School to participate in work/study programs, thereby helping them cover a significant portion of their educational expenses. This unique program not only aids in financial relief but also fosters personal development, enhancing qualities like self-confidence, responsibility, human relations skills, and teamwork in the students. Participation in this program motivates students academically during their high school years and encourages them to consider post-secondary education.


Official website here: www.arrupejesuit.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star Rating.

The Arrupe Corporate Work Study Program has achieved a 69% rating, indicating some strengths alongside notable areas for improvement. The organization has demonstrated strong accountability with a majority of independent board members and high scores in financial oversight areas, including a perfect score for its audit and oversight committee. Additionally, a significant 98.79% of its expenses are directed towards programs, reflecting a strong commitment to its mission.

However, the program has critical weaknesses that impact its overall rating. There are several missing policies, including those related to conflict of interest and whistleblower protections, which could raise concerns about governance practices. Furthermore, the organization has a concerning liabilities to assets ratio of 100%, suggesting potential financial risk that may need addressing to ensure long-term sustainability.

Overall, while the Arrupe Corporate Work Study Program excels in program expense ratios and board independence, it must prioritize improving its governance policies and financial health to enhance transparency and build trust with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Arrupe Corporate Work Study Program legitimate?

Arrupe Corporate Work Study Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arrupe Corporate Work Study Program 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: $176,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $577,666

For more financial information, click here


Official website here: www.arrupejesuit.com

What is the mission statement of Arrupe Corporate Work Study Program?

The Arrupe Corporate Work Study Program's mission is to empower students attending Arrupe Jesuit High School by providing them with an opportunity to offset a significant portion of their tuition fees through participation in a work-study program with local businesses. This program aims to foster personal growth in areas such as self-confidence, responsibility, human relations skills, and teamwork. Participation in the program motivates students academically while they are in high school, guiding them towards further education post-secondary.


Official website here: www.arrupejesuit.com

What is the revenue of Arrupe Corporate Work Study Program?

Arrupe Corporate Work Study Program's revenue in 2024 was $2,535,238.


Official website here: www.arrupejesuit.com

Who are the executives of Arrupe Corporate Work Study Program and what are their salaries?

The average compensation at Arrupe Corporate Work Study Program during 2024 was $9,082. There are 83 employees and 100 volunteers at Arrupe Corporate Work Study Program.

Here are 4 key members and their salaries:


Michael O'Hagan (Director)
  • Compensation: $0
  • Related: $183,513
  • Other: $28,111
Marco Abarca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Cookinham (Director And President)
  • Compensation: $138,943
  • Related: $0
  • Other: $22,961
Cody Teets (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arrupejesuit.com

Where can I find the form 990 for Arrupe Corporate Work Study Program?

Arrupe Corporate Work Study Program's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.arrupejesuit.com

Learn more at the official website: www.arrupejesuit.com

Mission Statement of Arrupe Corporate Work Study Program

Arrupe Corporate Work Study Program is a mission-driven initiative aimed at empowering students of Arrupe Jesuit High School. Its primary objective is to assist students in covering a significant portion of their educational expenses by engaging them in a work-study program with local businesses. Through this program, students have the opportunity to develop essential life skills, such as self-confidence, responsibility, human relations, and teamwork. The work-study experience motivates students academically during their high school years and guides them towards pursuing post-secondary education. By participating in this program, students gain valuable practical experiences that prepare them for their future endeavors.

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Impact




July, 2024

The Arrupe Corporate Work Study Program has made a significant impact by enabling economically disadvantaged high school students to pursue their education at Arrupe Jesuit High School. Through partnerships with 77 local businesses, 422 students have been able to offset a substantial portion of their schooling costs while gaining valuable work experience. This program not only helps students financially but also fosters their growth in self-confidence, responsibility, human relations skills, and teamwork. Participation in the program motivates students academically and guides them towards post-secondary education, setting them up for future success.




This information is meant to be a general summary of Arrupe Corporate Work Study Program. 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.

Revenue
$2,535,238 (2024)
Expenses
$2,535,238 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $122
  • Program Service Revenue: $2,510,116
  • Gross Receipts: $2,535,238

Assets and Liabilities:

  • Total Assets: $546,897
  • Total Liabilities: $546,897
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSOR CONTRACTS

Revenue

$2,510,116

Organization Details

Founding Year

2002

Principal Officer

Chad Cookinham

NTEE Category

Code: X00 - Religion related

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