Overview
What is Resilience Education?
Resilience Education is a nonprofit organization based in Charlottesville, Virginia. Their primary mission is to break the cycles of incarceration by offering high-quality business education and professional support. They provide in-prison entrepreneurship, financial literacy, and business courses in partnership with leading business schools, correctional facilities, and nonprofit partners. After release, the Resilient Reentry Division offers innovative networking and support through dynamic mentoring and community partnerships, focusing on business and career transition to accelerate reentry success. With a team of eight dedicated individuals, Resilience Education aims to improve racial equity and reduce wealth disparities.
Official website here: www.resilience-education.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
Resilience Education has earned a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. While the organization has a fully independent board and demonstrates good governance practices in terms of conflict of interest and meeting minutes, it lacks essential financial documents, including financial statements and its tax form on its website.
The organization has performed well in certain governance aspects, like having no material diversion of assets and maintaining an independent board structure. However, its financial management raises red flags, notably with a program expense ratio of only 44.41%. This figure suggests that a less than optimal portion of its resources is allocated to its programs, which could impact its effectiveness and sustainability.
Additionally, the absence of a whistleblower policy and documentation related to retention and destruction of records indicates a need for improvement in organizational policies. Overall, while Resilience Education shows potential in governance, its financial practices and transparency require significant enhancement to assure stakeholders of its efficacy and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Resilience Education legitimate?
Resilience Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resilience Education 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: $98,913
For more financial information, click here
Official website here: www.resilience-education.org/
What is the mission statement of Resilience Education?
Resilience Education's mission is to halt the cycle of incarceration by enhancing employment prospects and reentry success. This is achieved through the provision of top-notch business education. The organization collaborates with leading business schools, correctional facilities, and nonprofit partners to offer entrepreneurship, financial literacy, and business courses within prisons. This initiative aims to improve racial equity and reduce wealth disparities. Moreover, the Resilient Reentry Division of Resilience Education provides innovative networking and support for its graduates and those from other accredited programs. This is done through dynamic mentoring and community partnerships, focusing on business and career transition to facilitate successful reentry.
Official website here: www.resilience-education.org/
Who is the CEO of Resilience Education?
Tierney Fairchild Ph D is the Chair of Resilience Education.
Official website here: www.resilience-education.org/
What is the revenue of Resilience Education?
Resilience Education's revenue in 2022 was $744,933.
Official website here: www.resilience-education.org/
Who are the executives of Resilience Education and what are their salaries?
The average compensation at Resilience Education during 2022 was $12,364. There are 8 employees and 50 volunteers at Resilience Education.
Here are 8 key members and their salaries:
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- Compensation: $75,833
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- Compensation: $68,750
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Official website here: www.resilience-education.org/
Where can I find the form 990 for Resilience Education?
Resilience Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.resilience-education.org/
Learn more at the official website: www.resilience-education.org/
Mission Statement of Resilience Education
Resilience Education, a nonprofit organization, aims to halt the recurrence of incarceration by enhancing employment prospects and reentry success. They accomplish this goal through the delivery of top-notch business education. By partnering with renowned business schools, correctional facilities, and nonprofit organizations, Resilience Education offers in-prison entrepreneurship, financial literacy, and business courses. The organization's mission is deeply rooted in promoting racial equity and reducing wealth disparities.
In addition to its educational programs, Resilience Education also has a dedicated division called the Resilient Reentry Division. This division provides innovative networking and support for its graduates and individuals from other accredited programs. Through dynamic mentoring and community partnerships, they focus on facilitating business and career transitions, thereby accelerating reentry success. Resilience Education's mission is to break the cycle of incarceration by equipping individuals with the necessary skills to succeed in the business world and reintegrate into society.
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Impact
July, 2024
Resilience Education's impact lies in its ability to disrupt cycles of incarceration by enhancing employment prospects and reentry success through top-notch business education. By offering in-prison entrepreneurship, financial literacy, and business courses in partnership with leading business schools and correctional facilities, Resilience Education contributes to reducing racial inequities and wealth disparities. Moreover, the Resilient Reentry division of the organization provides crucial support and networking opportunities for program graduates, as well as those from other accredited programs, focusing on business and career transitions to hasten reentry success. Through dynamic mentoring and collaboration with the community, Resilience Education is making significant strides in improving the lives of individuals impacted by the criminal justice system.
This information is meant to be a general summary of Resilience Education. 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: $45
- Gross Receipts: $744,933
Assets and Liabilities:
- Total Assets: $714,605
- Total Liabilities: $7,939
- Net Assets: $706,666
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Organization Details
Founding Year
2012
Phone
(434) 260-3877Principal Officer
Tierney Fairchild Ph D
Main Address
PO BOX 4631, CHARLOTTESVILLE, VA, 22905
NTEE Category
Code: I43 - Crime
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