Overview
What is Become Inc?
Become Inc, located in Chicago, Illinois, is a nonprofit organization that strives to foster social justice and strengthen communities. They achieve this by establishing partnerships and alliances with private foundations and local communities. The organization's mission is centered around leveraging cultural strengths and bolstering community capacity to create environments that promote thriving communities. This community capacity building approach enables the development of community-driven solutions to tackle social injustice and inequities, thereby contributing to overall societal improvement. With a team of 12 dedicated individuals, Become Inc plays a significant role in promoting social change and community development.
Official website here: www.becomecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Become Inc has achieved a strong 92% score from Charity Navigator, which reflects a commitment to high standards in accountability and finance. The rating is derived entirely from the Accountability & Finance beacon, indicating that the organization has demonstrated effective financial management practices and transparency in its operations.
The organization excels in several areas, such as having a fully independent board and robust financial audits, indicating sound governance and oversight. It has achieved perfect scores in multiple facets, including material diversion of assets and liabilities to assets ratio, which underscores its financial stability and responsible use of resources.
However, the organization has a notable limitation: it lacks a whistleblower policy, which is an essential component of a comprehensive governance framework. This gap might raise concerns about the organization's protocols for reporting unethical behavior, even though other governance measures appear strong. Overall, Become Inc is positioned well within the nonprofit sector, though addressing this policy could further enhance its accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Become Inc legitimate?
Become Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Become 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: $613,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.becomecenter.org
What is the mission statement of Become Inc?
Become Inc's mission is centered around community capacity building, aiming to facilitate solutions to social injustice and inequities that are locally conceived and implemented. To achieve this, they forge partnerships and alliances with private foundations and communities, working towards the advancement of social justice and the growth of thriving communities. Their activities are geared towards promoting and aiding the development of communities that can effectively address their own challenges.
Official website here: www.becomecenter.org
Who is the CEO of Become Inc?
Dr Dominica Mcbride is the Founder And Ceo of Become Inc. The CEO's salary of Become Inc is $102,233 and their total compensation is $102,233.
Official website here: www.becomecenter.org
What is the revenue of Become Inc?
Become Inc's revenue in 2022 was $764,239.
Official website here: www.becomecenter.org
Who are the executives of Become Inc and what are their salaries?
The average compensation at Become Inc during 2022 was $51,113. There are 12 employees at Become Inc.
Here are 4 key members and their salaries (Become Inc's CEO's salary is $102,233 and their total compensation is $102,233):
- Compensation: $102,233
- Related: $0
- Other: $0
- Compensation: $78,900
- Related: $0
- Other: $0
- Compensation: $61,847
- Related: $0
- Other: $0
- Compensation: $41,000
- Related: $0
- Other: $0
Official website here: www.becomecenter.org
Where can I find the form 990 for Become Inc?
Become Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.becomecenter.org
Learn more at the official website: www.becomecenter.org
Mission Statement of Become Inc
Become Inc, a nonprofit organization, fulfills its mission by tapping into the cultural strengths within communities and fostering their capacity to develop self-sustaining solutions to address social injustice and inequities. By fostering community-based and community-designed solutions, Become Inc aims to combat these issues at their roots, ultimately creating thriving communities.
To achieve its mission, Become Inc forms alliances and partnerships with private foundations and communities. By working collectively, the organization promotes and advances social justice, ensuring that communities have the resources and support necessary to flourish. The approach taken by Become Inc is centered around community capacity building, which empowers local communities to identify and address their unique challenges, ultimately leading to long-term, sustainable solutions.
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Impact
July, 2024
Become Inc, based in Chicago, IL, makes a significant impact by empowering communities to address social injustice and inequities. Through partnerships with private foundations and community allies, Become Inc builds community capacity, fosters cultural strengths, and promotes social justice. By facilitating community-based solutions, Become Inc plays a vital role in creating thriving and resilient communities.
This information is meant to be a general summary of Become 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.
- Program Service Revenue: $324,720
- Gross Receipts: $764,239
Assets and Liabilities:
- Total Assets: $1,096,548
- Total Liabilities: $221,249
- Net Assets: $875,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP AND COMMUNITY DEVELOPMENT
Revenue
$288,407
PARTNERSHIP ALLIANCE
Revenue
$36,313
Organization Details
Founding Year
2013
Phone
(312) 620-0474Principal Officer
Dr Dominica Mcbride
Main Address
207 E OHIO STREET UNIT 291, CHICAGO, IL, 60611
Website
www.becomecenter.orgNTEE Category
Code: S99 - Community improvement
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