Overview
What is Race Reaching All Children Equally?
Race Reaching All Children Equally is a nonprofit organization located at 314 INKSTER RD, INKSTER, MI 48141. With a team of 19 dedicated individuals, their primary mission is to provide early learning and daycare services to underprivileged families. They strive to ensure equality in educational opportunities for all children, irrespective of their socio-economic backgrounds. Their activities center around offering these vital services, thereby contributing to the overall development and well-being of the underprivileged community.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)
Race Reaching All Children Equally has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational areas. While the organization has a good accountability and finance score of 74%, it lacks sufficient financial transparency, as evidenced by the absence of financial statements and its tax form on the nonprofit's website. However, it shows strengths in governance, with 100% of its board members being independent and having solid policies in place regarding conflicts of interest and whistleblowing.
The organization demonstrates responsible financial management with a very low liabilities to assets ratio at 3.75%, and an impressive program expense ratio of 100%. This suggests that all of its expenses are directed towards its programs, reflecting a strong commitment to its mission. Nevertheless, the absence of some key financial documents may hinder donors' confidence and the organization's overall rating.
Overall, while Race Reaching All Children Equally displays strengths in certain governance and financial management areas, the lack of financial disclosure and transparency is a notable limitation. Addressing these issues could significantly enhance its credibility and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Race Reaching All Children Equally legitimate?
Race Reaching All Children Equally is a legitimate nonprofit organization registered as a 501(c)(3) entity. Race Reaching All Children Equally 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: $378,397
For more financial information, click here
Official website here: www.none
What is the mission statement of Race Reaching All Children Equally?
Race Reaching All Children Equally's mission is centered around providing early learning and daycare services to underprivileged families, ensuring that all children have an equal opportunity to thrive. The organization strives to bridge the gap in education and care for families who may not have the resources to afford such services. By offering these essential services, Race Reaching All Children Equally aims to contribute to the overall development and well-being of these children, fostering a more equitable society. The organization's activities are focused on making early learning and daycare accessible to underprivileged families, thereby promoting equal opportunities for all children to succeed.
Official website here: www.none
Who is the CEO of Race Reaching All Children Equally?
Leila Chammout is the Director of Race Reaching All Children Equally.
Official website here: www.none
What is the revenue of Race Reaching All Children Equally?
Race Reaching All Children Equally's revenue in 2022 was $553,263.
Official website here: www.none
Who are the executives of Race Reaching All Children Equally and what are their salaries?
The average compensation at Race Reaching All Children Equally during 2022 was $19,916. There are 19 employees at Race Reaching All Children Equally.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Race Reaching All Children Equally
Race Reaching All Children Equally, or RRACE, is a nonprofit organization with a mission to provide early learning and daycare services to underprivileged families. Their primary goal is to ensure that all children, regardless of their socio-economic background, have access to quality education and care during their formative years. By offering these essential services, RRACE strives to contribute positively to the overall development and future prospects of these children, thereby creating a more equitable society.
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Impact
July, 2024
Race Reaching All Children Equally's impact can be seen in the positive outcomes experienced by underprivileged families in INKSTER, MI. By providing early learning and daycare services to these families, the organization is actively working towards leveling the playing field for children from disadvantaged backgrounds. Specifically, Race Reaching All Children Equally is making a difference by ensuring that all children, regardless of their socioeconomic status, have access to quality education and care during their formative years. Through this mission, the organization is contributing to the educational development and well-being of the next generation, ultimately fostering a more equitable and inclusive society.
This information is meant to be a general summary of Race Reaching All Children Equally. 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: $553,263
- Gross Receipts: $553,263
Assets and Liabilities:
- Total Assets: $158,161
- Total Liabilities: $4,056
- Net Assets: $154,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL ADMISSION FEES
Revenue
$553,263
Organization Details
Founding Year
2013
Principal Officer
Leila Chammout
Main Address
314 INKSTER RD, INKSTER, MI, 48141
Website
www.noneNTEE Category
Code: B21 - Education
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