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Persevere Inc

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

EIN: 471039429 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Persevere Inc?

Persevere Inc, situated in Salt Lake City, Utah, is a nonprofit organization dedicated to empowering individuals with a history of justice involvement. Through skill-based vocational training, they offer certification in six recognized software developer fields, ultimately transforming their students into certified full-stack developers, an in-demand occupation in the technology sector. The organization's mission is to support these individuals in transitioning from justice involvement to becoming productive contributors to society. With 117 employees, Persevere Inc aims to provide a pathway for personal growth and professional development, fostering a positive impact within their community.


Official website here: wwww.perseverenow.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Persevere Inc has received a two-star rating from Charity Navigator, indicating a need for improvement despite a satisfactory overall score of 74%. The nonprofit has strengths, such as a fully independent board and strong financial oversight mechanisms. However, it falls short in critical areas, including the absence of a whistleblower policy and a document retention policy, highlighting gaps in governance practices.

User feedback reflects positively on Persevere Inc's impact on individuals, particularly those recently released from incarceration. Reviewers express gratitude for the support they received from staff, noting significant personal transformations and achievements resulting from participation in the coding program. This suggests that the organization's programs are effective and transformative for those they serve.

While the financial health indicators show a concerning liabilities to assets ratio, the program expense ratio is commendable, indicating that a significant portion of funds is directed towards program services. Overall, Persevere Inc shows promise in its mission, but must address governance weaknesses to enhance its accountability and transparency.


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

Is Persevere Inc legitimate?

Persevere Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Persevere 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: $42,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,247,750

For more financial information, click here


Official website here: wwww.perseverenow.org

What is the mission statement of Persevere Inc?

Persevere Inc's mission is centered around empowering individuals who have been involved in the justice system and are at risk of further involvement, enabling them to become productive members of society. The organization achieves this by offering skill-based vocational training, specifically in six recognized software developer certifications. Upon completion of the program, students emerge as certified full-stack developers, a highly sought-after position in the technology industry today. This training equips the individuals with the necessary skills to secure employment and contribute positively to society.


Official website here: wwww.perseverenow.org

Who is the CEO of Persevere Inc?

Sean Hosman is the Ceo of Persevere Inc. The CEO's salary of Persevere Inc is $42,274 and their total compensation is $44,710.


Official website here: wwww.perseverenow.org

What is the revenue of Persevere Inc?

Persevere Inc's revenue in 2022 was $6,558,003.


Official website here: wwww.perseverenow.org

Who are the executives of Persevere Inc and what are their salaries?

The average compensation at Persevere Inc during 2022 was $28,120. There are 117 employees and 127 volunteers at Persevere Inc.


Here are 4 key members and their salaries (Persevere Inc's CEO's salary is $42,274 and their total compensation is $44,710):


Elisa Malone (Ceo)
  • Compensation: $42,274
  • Related: $0
  • Other: $2,436
Sean Hosman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Rist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: wwww.perseverenow.org

Where can I find the form 990 for Persevere Inc?

Persevere Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: wwww.perseverenow.org

Learn more at the official website: wwww.perseverenow.org

Mission Statement of Persevere Inc

Persevere Inc, a nonprofit organization, is committed to empowering individuals who have been involved in the justice system and are at risk of further involvement, enabling them to thrive as valuable contributors to society. At the heart of Persevere Inc's mission is the belief that these individuals can break the cycle of justice involvement and become self-sufficient members of their communities.

To accomplish this, Persevere Inc offers skill-based vocational training in six industry-recognized software developer certifications. Upon completing the program, students graduate as full-stack developers, a highly sought-after profession in the technology field today. By equipping these individuals with in-demand skills, Persevere Inc opens up a world of employment opportunities, enabling them to build a stable and productive future. The organization's mission is not just about providing training but also about fostering a sense of empowerment and self-efficacy in its students, enabling them to take control of their lives and make a positive impact in their communities.

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Impact




July, 2024

Persevere Inc's impact is centered around empowering justice-involved individuals at risk for further justice involvement to succeed as productive members of society. Through their coding classes, Persevere provides skill-based vocational training in six industry-recognized software developer certifications. Graduates of the program receive certification as full stack developers, one of the most sought-after jobs in technology today. By offering these opportunities, Persevere Inc is helping to equip individuals with valuable skills and pathways to successful reintegration into society.




This information is meant to be a general summary of Persevere 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.

Revenue
$6,558,003 (2022)
Expenses
$5,864,770 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Gross Receipts: $6,558,003

Assets and Liabilities:

  • Total Assets: $1,619,182
  • Total Liabilities: $1,115,433
  • Net Assets: $503,749

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Organization Details

Founding Year

2015

Principal Officer

Sean Hosman

Main Address

PO BOX 1802, SALT LAKE CITY, UT, 84101

NTEE Category

Code: O30 - Youth development

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