Overview
What is Suitup Incorporated?
Suitup Incorporated is a nonprofit organization based in New York City, specifically at 25 Broadway Floor 12, New York, NY 10004. Their primary mission is to enhance career readiness among students from underserved, underresourced, and underrepresented communities. They achieve this goal by organizing innovative business plan competitions, mock interviews, career panels, and networking events. In 2022, Suitup served 5,419 students and engaged 3,186 corporate volunteers, resulting in a significant boost in students' confidence in school and career preparation. With a vision to align the interests of schools and corporations, Suitup aims to ensure that all students have access to pursuing their desired college and career paths. Their dedicated team of 12 individuals has so far run 185 such events, with a remarkable 94% of students reporting increased confidence, 98% enjoying the experience, and 90% attributing their future career choices to Suitup.
Official website here: www.volunteersuitup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
SuitUp Incorporated has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in key areas such as accountability, finance, and community engagement. With an impressive score of 96 in Accountability & Finance, SuitUp demonstrates effective financial oversight, independence on its board, and robust auditing practices. The organization also excels in its cultural and community initiatives, scoring 97% in this area, which highlights its commitment to feedback collection and usage, as well as equity strategies.
User reviews from Great Nonprofits consistently praise SuitUp for its impactful programs that connect underserved students with corporate volunteers. Reviewers emphasize the organization's unique approach to experiential learning, where students can engage in business competitions that enhance their career readiness and inspire them to pursue various professional paths. Many volunteers express a deep appreciation for the transformative nature of these events, noting that they create meaningful connections and foster confidence among students.
While the organization enjoys strong support and positive feedback, the overall low score in Leadership & Adaptability (10%) suggests potential areas for growth in terms of leadership strategies and adaptability to changing circumstances. However, the overwhelming consensus from volunteers and board members indicates that SuitUp is making a significant difference in the lives of young individuals and is committed to expanding its reach and impact in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Suitup Incorporated legitimate?
Suitup Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suitup Incorporated 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: $115,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $589,112
For more financial information, click here
Official website here: www.volunteersuitup.org
What is the mission statement of Suitup Incorporated?
Suitup Incorporated's mission is centered around enhancing career readiness for all students. They achieve this through innovative business plan competitions. The organization aims to align the interests of schools and corporations, ensuring that students have the necessary access and awareness to pursue their desired college and career paths. In 2022, Suitup served 5,419 students and engaged 3,186 corporate volunteers in their in-person and virtual business programming. They conducted 185 business competitions, mock interviews, career panels, and networking events for students from underserved, underresourced, and underrepresented communities. After participating in Suitup's programs, the vast majority of students reported feeling more confident in school and career preparation, enjoying their experience, and believing it influenced their future career choices.
Official website here: www.volunteersuitup.org
Who is the CEO of Suitup Incorporated?
Lauren Reilly is the Executive Di of Suitup Incorporated.
Official website here: www.volunteersuitup.org
What is the revenue of Suitup Incorporated?
Suitup Incorporated's revenue in 2022 was $1,224,310.
Official website here: www.volunteersuitup.org
Who are the executives of Suitup Incorporated and what are their salaries?
The average compensation at Suitup Incorporated during 2022 was $58,751. There are 12 employees and 3186 volunteers at Suitup Incorporated.
Here are 10 key members and their salaries:
- Compensation: $112,476
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- Other: $3,422
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Official website here: www.volunteersuitup.org
Where can I find the form 990 for Suitup Incorporated?
Suitup Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.volunteersuitup.org
Learn more at the official website: www.volunteersuitup.org
Mission Statement of Suitup Incorporated
Suitup Incorporated, a nonprofit organization, is dedicated to enhancing career readiness among students. Their mission is to accomplish this goal through innovative business plan competitions. The organization aspires to align the incentives of schools and corporations, ensuring that all students have the opportunity and awareness to pursue the college and career of their choosing. By organizing business competitions, mock interviews, career panels, and networking events, Suitup Incorporated aims to equip students with the necessary skills and confidence to navigate their educational and professional journeys. In 2022, the organization served 5,419 students and engaged 3,186 corporate volunteers in their in-person and virtual programming. After participating in Suitup Incorporated's events, 94% of students reported feeling more confident in school and preparing for a career, 98% enjoyed their experience and wished to participate again, and 90% believed that their Suitup Incorporated experience influenced their future career choices.
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Impact
July, 2024
Suitup Incorporated's impact lies in significantly enhancing career readiness for students through innovative business plan competitions. By engaging over 5,400 students and 3,100 corporate volunteers in both in-person and virtual business programming, Suitup has provided invaluable experiences for young individuals aged 10-18 from underserved communities. After participating in Suitup, an impressive 94% of students reported feeling more confident in school and career preparation, with 98% expressing a desire to participate again. Moreover, 90% believe that their Suitup experience has influenced their future career choices. This profound impact not only empowers students but also aligns the interests of schools and corporations towards ensuring that all students have access to pursue their desired college and career paths.
This information is meant to be a general summary of Suitup Incorporated. 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: $18
- Program Service Revenue: $11,555
- Gross Receipts: $1,269,279
Assets and Liabilities:
- Total Assets: $539,642
- Total Liabilities: $4,531
- Net Assets: $535,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP FEES
Revenue
$11,555
Organization Details
Founding Year
2013
Phone
(415) 328-1830Principal Officer
Lauren Reilly
Main Address
25 BROADWAY FLOOR 12, NEW YORK, NY, 10004
Website
www.volunteersuitup.orgNTEE Category
Code: B99 - Education
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