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Venture For Success Preparatory Learning Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463611051 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Venture For Success Preparatory Learning Center?

Venture For Success Preparatory Learning Center is a nonprofit organization situated in Denver, Colorado. Its primary mission is to create a conducive learning environment, preparing children for their first grade by focusing on social and emotional behavior. The center serves as a resource for parents, aiding them in parenting and managing stressful interactions with their children. The organization also collaborates with like-minded businesses dealing with educational disabilities and social interaction issues. In 2022, the center concentrated on mental health and wellness for its teachers, ensuring a smooth transition for children preparing for elementary school, and increasing access to occupational, speech, and other therapeutic services. For 2023, the center aims to improve communication with families using technology, invest in adaptive measures to cope with the pandemic's economic changes, and strengthen its employee development programs. Keywords: Venture For Success Preparatory Learning Center, Denver, Colorado, nonprofit organization, learning environment, social and emotional behavior, parents, resource, educational disabilities, therapeutic services, 2022 goals, 2023 goals, technology, employee development.


Official website here: www.vfsprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

Venture For Success Preparatory Learning Center has received a low rating of 41% from Charity Navigator, resulting in a Zero-Star designation. This score reflects serious concerns regarding the charity's financial accountability and transparency. While the organization scores well in governance aspects, such as having a majority of independent board members and well-established policies, it struggles significantly in financial reporting, which heavily impacts its overall assessment.

The organization exhibits strengths in its governance, with a fully independent board and comprehensive policies in place for conflict of interest and whistleblower protections. However, the most critical areas of concern involve its financial statements and overall financial health. The charity scored zero in multiple crucial financial metrics, including the program expense ratio and liabilities to assets ratio, indicating potential issues in resource allocation and financial management.

The lack of accessible financial documentation on its website and poor performance in financial metrics raises red flags for potential donors and stakeholders. Without improvements in transparency and better financial health indicators, the charity faces challenges in building trust and credibility in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Venture For Success Preparatory Learning Center legitimate?

Venture For Success Preparatory Learning Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture For Success Preparatory Learning Center 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: $191,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,913

For more financial information, click here


Official website here: www.vfsprep.org

What is the mission statement of Venture For Success Preparatory Learning Center?

The Venture For Success Preparatory Learning Center aims to establish a conducive learning environment, preparing children for their first grade by focusing on their social and emotional behavior. The center serves as a resource for parents, assisting them in their parenting journey and helping them manage stressful interactions with their children. The organization also collaborates with like-minded businesses that specialize in educational disabilities and social interaction issues.


Official website here: www.vfsprep.org

Who is the CEO of Venture For Success Preparatory Learning Center?

Nathaniel Cradle is the President & of Venture For Success Preparatory Learning Center.


Official website here: www.vfsprep.org

What is the revenue of Venture For Success Preparatory Learning Center?

Venture For Success Preparatory Learning Center's revenue in 2022 was $634,578.


Official website here: www.vfsprep.org

Who are the executives of Venture For Success Preparatory Learning Center and what are their salaries?

The average compensation at Venture For Success Preparatory Learning Center during 2022 was $35,292. There are 9 employees and 4 volunteers at Venture For Success Preparatory Learning Center.


Here are 4 key members and their salaries:


Nathaniel Cradle (President &)
  • Compensation: $102,616
  • Related: $0
  • Other: $0
Jacqueline Cradle (Vice Preside)
  • Compensation: $89,103
  • Related: $0
  • Other: $0
Deborah Dopwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Smith-Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vfsprep.org

Where can I find the form 990 for Venture For Success Preparatory Learning Center?

Venture For Success Preparatory Learning Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vfsprep.org

Learn more at the official website: www.vfsprep.org

Mission Statement of Venture For Success Preparatory Learning Center

Venture For Success Preparatory Learning Center is dedicated to establishing a conducive learning environment, with a primary focus on preparing children for their first grade year. This is achieved by emphasizing social and emotional behavior. Beyond education, the center serves as a valuable resource for parents, aiding them in navigating the challenges of parenthood and reducing stressful interactions with their children. Additionally, Venture For Success Preparatory Learning Center collaborates with like-minded businesses that specialize in addressing educational disabilities and social interaction issues. By doing so, the center aspires to provide comprehensive support to children, their parents, and the broader community.

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Impact




July, 2024

Venture For Success Preparatory Learning Center has made a significant impact on the community by focusing on the social and emotional readiness of children for first grade. Through partnerships with organizations dealing with educational disabilities and social interaction issues, they have been able to provide valuable resources and support to parents in overcoming stressful interactions with their children.

In 2022, Venture For Success Preparatory Learning Center prioritized the mental health and wellness of their teachers, organizing a retreat to help them decompress and refocus their energy. By reducing classroom sizes and partnering with Early Head Start, they ensured a smooth transition for children as they prepared for elementary school. Additionally, their efforts to connect families with services like occupational therapy and speech therapy have been successful.

Looking ahead to 2023, the organization aims to enhance communication between teachers and families through technology, invest in technology to adapt to changing economic conditions, and strengthen their financial position. They also plan to increase their agriculture farming to mitigate the impacts of inflation and reduce dependence on external sources.

Overall, Venture For Success Preparatory Learning Center's commitment to holistic child development and support for families has undoubtedly had a positive and lasting impact on the community.




This information is meant to be a general summary of Venture For Success Preparatory Learning Center. 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.

Revenue
$634,578 (2022)
Expenses
$522,967 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,534
  • Program Service Revenue: $543,420
  • Gross Receipts: $667,175

Assets and Liabilities:

  • Total Assets: $615,091
  • Total Liabilities: $9,004
  • Net Assets: $606,087

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL TUITION

Revenue

$543,420

Organization Details

Founding Year

2013

Principal Officer

Nathaniel Cradle

Main Address

12900 ALBROOK DRIVE, DENVER, CO, 80239

NTEE Category

Code: B21 - Education

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