Overview
What is Braven Inc?
Braven Inc, a Chicago-based nonprofit, empowers underprivileged students from college to career through a two-part program. In the first phase, students take a credit-bearing college course. Following graduation from the course, students participate in a post-course experience lasting until they secure their first job. Braven's mission is to equip first-generation college students, students of color, and those from low-income backgrounds with essential skills, networks, experiences, and self-confidence to secure strong job opportunities. Additionally, Braven offers the Bravenx program, an initiative outside of institutions of higher education. This program provides financial stipends to participants upon completion, with a similar content and cohort structure to the core product. Braven partners with organizations to ensure that their alumni not only graduate but also establish a solid foundation for a lifelong career path.
Official website here: www.bebraven.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Braven Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating exceptional performance in key areas of accountability and finance, impact measurement, and community engagement. With an Accountability & Finance Score of 97 and an Impact & Measurement Score of 100, the organization demonstrates a strong commitment to transparency and effective resource utilization. The presence of a predominantly independent board and high scores in financial oversight reflect robust governance practices.
The organization excels in measuring its outcomes, with perfect scores in Impact Evaluation, Measuring Outcomes, and Constituent Feedback, suggesting that Braven Inc effectively assesses its impact and incorporates feedback from those it serves. Their fundraising efficiency is impressive, with a minimal cost of $0.05 per dollar raised, allowing a significant portion of funds to be directed toward programs.
While the overall data highlights Braven Inc's strengths, there are no limitations or areas of concern noted in the feedback. This suggests that Braven Inc is operating at a high level of effectiveness, making it a commendable choice for potential donors and supporters looking for impactful nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Braven Inc legitimate?
Braven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Braven 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: $405,073
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,376,574
For more financial information, click here
Official website here: www.bebraven.org
What is the mission statement of Braven Inc?
Braven Inc is a non-profit organization dedicated to empowering first-generation college students, students of color, and those from low-income backgrounds. Their mission is to equip these students with essential skills, networks, experiences, and confidence to secure strong first jobs. They offer a two-part experience that begins with a college course followed by a post-course experience that lasts through graduation. Braven Fellows emerge with the necessary abilities and networks to land a solid first job and establish a career path towards economic freedom. Braven also offers BravenX, an externship program designed to extend the critical work of college success organizations and charter high schools into strong career outcomes after college. By partnering with these organizations, Braven ensures their alumni not only graduate, enroll, and persist in college, but also build the foundation for a lifelong career path. BravenX shares the same content and cohort structure as their core product, with Fellows earning a financial stipend upon completion instead of academic credit.
Official website here: www.bebraven.org
Who is the CEO of Braven Inc?
Aimee Eubanks Davis is the Chief Executive Officer of Braven Inc. The CEO's salary of Braven Inc is $294,101 and their total compensation is $336,231.
Official website here: www.bebraven.org
What is the revenue of Braven Inc?
Braven Inc's revenue in 2023 was $30,839,235.
Official website here: www.bebraven.org
Who are the executives of Braven Inc and what are their salaries?
There 2600 volunteers at Braven Inc.
Here are 18 key members and their salaries (Braven Inc's CEO's salary is $294,101 and their total compensation is $336,231):
- Compensation: $294,101
- Related: $0
- Other: $42,130
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $181,070
- Related: $0
- Other: $13,830
- Compensation: $0
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- Other: $0
- Compensation: $209,337
- Related: $0
- Other: $40,025
- Compensation: $215,912
- Related: $0
- Other: $18,351
- Compensation: $178,822
- Related: $0
- Other: $11,966
- Compensation: $168,980
- Related: $0
- Other: $33,660
- Compensation: $153,007
- Related: $0
- Other: $14,412
Official website here: www.bebraven.org
Where can I find the form 990 for Braven Inc?
Braven Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bebraven.org
Learn more at the official website: www.bebraven.org
Mission Statement of Braven Inc
Braven Inc, a mission-driven organization, strives to empower first-generation college students, students of color, and those from low-income backgrounds. It equips these individuals with essential skills, networks, experiences, and confidence to secure strong first jobs.
Braven's approach begins with a college course that offers academic credit as part of a partnership with institutions of higher education. Following this, students participate in a post-course experience that lasts through graduation. This comprehensive experience not only bolsters their skills and confidence but also provides them with valuable experiences and networks. As a result, Braven's fellows emerge prepared to land a strong first job and embark on a pathway to economic freedom.
Braven's commitment to student success extends beyond the college setting with the introduction of BravenX, a stipend-based program. By collaborating with college success organizations and charter high schools, Braven ensures that their alumni not only graduate, enroll, and persist in college but also build the foundation for a lifelong career path. BravenX mirrors the content and cohort structure of the higher education model, with fellows earning a financial stipend upon completion instead of academic credit. This innovative program bridges the gap between college and career, ultimately contributing to the long-term success and economic mobility of its participants.
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Impact
October, 2024
Braven Inc significantly impacts the lives of first-generation college students, students of color, and those from low-income backgrounds by equipping them with essential skills, robust networks, and invaluable experiences. Through its innovative two-part program, Braven provides a credit-bearing college course followed by ongoing support until graduation. This structured approach enhances students' confidence and job readiness, enabling them to secure meaningful employment that paves the way for economic independence.
Braven's commitment extends beyond traditional higher education through BravenX, which engages students from college success organizations and charter high schools. This program mirrors the core offerings of Braven while providing a financial stipend, ensuring that participants have the same chance for career success as their peers in higher education. By fostering a supportive environment and building strong connections with employers, Braven not only helps students graduate but also ensures they are well-prepared to embark on lifelong career paths, ultimately contributing to greater economic mobility within their communities.
This information is meant to be a general summary of Braven 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 2023.
- Investment Income: $604,763
- Program Service Revenue: $1,573,567
- Gross Receipts: $30,839,235
Assets and Liabilities:
- Total Assets: $43,051,882
- Total Liabilities: $3,237,302
- Net Assets: $39,814,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,573,567
Organization Details
Founding Year
2013
Phone
(773) 316-8013Principal Officer
Aimee Eubanks Davis
Main Address
100 N LA SALLE ST 310, CHICAGO, IL, 606022406
Website
www.bebraven.orgNTEE Category
Code: O50 - Youth development
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