Overview
What is Springboard To Opportunities?
Springboard To Opportunities is a nonprofit organization based in Jackson, Mississippi. They focus on connecting families residing in affordable housing with essential resources that support their personal growth in various aspects of life, including education, employment, and overall well-being. In the face of crises, such as the Jackson Water Crisis, Springboard has provided cash assistance to families in need, like the Magnolia Mother's Trust initiative, which has had positive impacts on recipients' self-efficacy, well-being, and hope for the future. The organization's work extends beyond its local community, as it collaborates with other organizations and contributes to national policy discussions to create a more equitable support system for families. In 2022, Springboard continued to expand its reach and influence, engaging in conferences, policy development, and educational partnerships.
Official website here: www.springboardto.org
Is Springboard To Opportunities legitimate?
Springboard To Opportunities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springboard To Opportunities 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.
Here are some key statistics you may want to consider:
Executive Compensation: $173,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $587,041
For more financial information, click here
What is the mission statement of Springboard To Opportunities?
Springboard To Opportunities is an organization that connects families living in affordable housing with resources and programs to help them advance in various aspects of their lives, including school, work, and overall well-being. The organization achieves this by working directly with families and forming strategic partnerships with other organizations. In response to the Jackson Water Crisis, Springboard To Opportunities distributed cash assistance to families, emphasizing the importance of cash in times of crisis. The organization also launched new fellowship programs to support residents as they engage in advocacy, develop their skills, and create change in their communities. With reported high levels of support, hope, and self-efficacy from the Magnolia Mother's Trust program, Springboard To Opportunities continues to expand its impact and recognition as a leader in cash supports and community-centered approaches to family support. In 2022, the organization co-convened the Guaranteed Income Now Conference, contributed to policy resources, and launched a report examining the policies that fuel exclusionary housing markets.
Official website here: www.springboardto.org
Who is the CEO of Springboard To Opportunities?
Aisha Nyandoro is the Chairperson of Springboard To Opportunities. The CEO's salary of Springboard To Opportunities is $173,916 and their total compensation is $186,911.
Official website here: www.springboardto.org
What is the revenue of Springboard To Opportunities?
Springboard To Opportunities's revenue in 2022 was $12,172,215.
Official website here: www.springboardto.org
Who are the executives of Springboard To Opportunities and what are their salaries?
The average compensation at Springboard To Opportunities during 2022 was $31,707. There are 24 employees and 8 volunteers at Springboard To Opportunities.
Here are 9 key members and their salaries (Springboard To Opportunities's CEO's salary is $173,916 and their total compensation is $186,911):
- Aisha Nyandoro (Ceo)
- Marjorie Sims (Chairperson) [Trustee/Director]
- Kelly Butler (Co Chairperson) [Trustee/Director]
- Carol Wishcamper (Director)
- Darren Isom (Director)
- Ira E Murray Phd (Director)
- Michelle Whetten (Director)
- Trene Hawkins (Director)
- Carter Smith (Treasurer) [Trustee/Director]
Official website here: www.springboardto.org
Where can I find the form 990 for Springboard To Opportunities?
The Springboard To Opportunities’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.springboardto.org
Learn more at the official website: www.springboardto.org
Mission Statement of Springboard To Opportunities
Springboard To Opportunities, a renowned organization, is dedicated to connecting families living in affordable housing with essential resources to advance themselves in school, work, and life. By working directly with families and forging strategic partnerships with other organizations, Springboard To Opportunities bridges the gap between community needs and available resources.
In response to various crises and challenges, Springboard To Opportunities has launched several initiatives. Their Guaranteed Income Initiative, for instance, provided cash assistance to families in need during a water crisis, highlighting the importance of immediate financial aid in times of crisis. In 2022, the organization distributed over $1,227,000 in direct cash assistance.
Springboard To Opportunities also offers fellowship programs to residents, helping them connect the dots between policymaking and their own lives. These programs foster advocacy and organizing skills, empowering individuals to confidently tell their stories and recognize their potential to create change in their communities. Residents have had the opportunity to share their stories at various legislative hearings, White House briefings, rallies, and media outlets, generating a significant impact.
The Magnolia Mother's Trust, one of Springboard To Opportunities' core programs, has shown remarkable success. Participants reported enhanced self-efficacy, agency, and emotional well-being, allowing them to make decisions around work and family life. In a study conducted on the third cohort of MMT, 97.6% of mothers felt supported by the program, 79% reported feeling more hopeful about their future, and 82% felt more hopeful about their children's futures.
Springboard To Opportunities has been recognized as a national leader and expert on cash supports and community-centered approaches to support families. In 2022, the organization co-convened the Guaranteed Income Now Conference, contributed to policy resources developed by various organizations, and launched "Locked Out: Black Women, Wealth, and Homeownership" in the Nonprofit Quarterly. They also partnered on a Guaranteed Income Primer with the Asset Funders Network to educate funders on best practices related to cash-based policies.
By the numbers, Springboard To Opportunities had over 10,000 participations in their programming, distributed 10,088 meals, food boxes, and water cases in communities, supported residents with housing stability over 4,200 times, and distributed over 5,000 items to residents through community care closets and back to school giveaways. They also engaged with summer camps and after-school programs over 3,000 times.
Impact
This information is meant to be a general summary of Springboard To Opportunities. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Springboard To Opportunities has had a significant impact on families living in affordable housing by providing crucial resources and programs to help them advance in school, work, and life. The organization's initiatives, such as the Magnolia Mother's Trust and guaranteed income initiative, have empowered participants to feel more hopeful about their futures and to take control of their own well-being. Through various advocacy platforms and fellowship programs, residents have been able to share their stories, engage in policy-making, and create positive change in their communities.
Additionally, Springboard To Opportunities has expanded its national footprint and established itself as a leader in developing community-centered approaches to support families. The organization has co-convened conferences, contributed to policy resources developed by national organizations, and launched initiatives aimed at addressing systemic issues like wealth disparities and homeownership among Black women. Their extensive reach is evidenced by the thousands of participants in their programs, along with the distribution of meals, housing stability support, and engagement in community activities.
Overall, Springboard To Opportunities' impactful work focuses on empowering families in affordable housing to overcome challenges, advocate for themselves, and access the resources they need to thrive.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$565,776
Organization Details
Founding Year
2013
Phone
(769) 251-0924
Principal Officer
Aisha Nyandoro
Main Address
518 E CAPITOL STREET, JACKSON, MS, 39201
Website
www.springboardto.org
NTEE Category
Code: P20 - Human services
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