Overview
What is Boosters For Families?
Boosters For Families is a nonprofit organization based in Arvada, Colorado, specifically at 6140 Quail Street. Their primary objective is to support underprivileged students, enabling them to attend college and seize various educational experiences, including travel and assistance with necessary resources like books and supplies. The organization's mission is to empower families by providing them with the means to offer their children both educational and athletic opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Stars)
Boosters For Families has received a Two-Star rating from Charity Navigator, indicating some challenges in achieving optimal accountability and financial transparency. The organization lacks independent board members and has not provided financial statements, which significantly impacts its accountability score. Additionally, the absence of a whistleblower policy and documentation retention policy raises concerns about governance practices.
On a more positive note, the nonprofit has a commendable program expense ratio of 92.70%, suggesting that the majority of its funding is directed towards its programs rather than administrative costs. This focus on effective program delivery highlights the organization's commitment to serving its mission. Furthermore, the absence of loans to or from officers demonstrates a level of financial integrity.
However, the organization's fundraising efficiency needs improvement, as indicated by a very low ratio. This suggests that Boosters For Families may face challenges in generating the necessary resources for growth and sustainability. Overall, while the organization shows dedication through its programmatic focus, there are significant areas for improvement in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Boosters For Families legitimate?
Boosters For Families is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boosters For Families 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: $148,819
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Boosters For Families?
Boosters For Families is an organization with a mission to offer families a way to facilitate educational and athletic prospects for their children. This mission is accomplished by providing financial support for underprivileged students, enabling them to attend college and avail of enriching experiences such as educational travel and assistance with necessary resources like books and supplies.
Who is the CEO of Boosters For Families?
Shelly Bender is the President & Coo of Boosters For Families.
What is the revenue of Boosters For Families?
Boosters For Families's revenue in 2022 was $3,014,230.
Who are the executives of Boosters For Families and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $166,000
- Related: $0
- Other: $0
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
Where can I find the form 990 for Boosters For Families?
Boosters For Families's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boosters For Families
Boosters For Families is an organization that is dedicated to supporting families in providing educational and athletic opportunities for their children. The mission of this nonprofit is to provide a means for families to enable their children to access higher education and engage in various learning experiences. Through its initiatives, Boosters For Families sponsors underfunded students to attend college and provides them with additional resources such as travel opportunities, assistance with books, and supplies. By doing so, the organization aims to level the playing field and ensure that financial limitations do not hinder a child's educational growth and development.
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Impact
July, 2024
Boosters For Families has made a significant impact by providing underfunded students with opportunities to attend college and access educational experiences such as travel and assistance with books and supplies. By sponsoring these students, the organization is helping families provide their children with educational and athletic opportunities that they might not have been able to afford otherwise. This support ultimately helps in leveling the playing field and ensuring that all children have a fair chance at success.
This information is meant to be a general summary of Boosters For Families. 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: $94
- Gross Receipts: $3,014,230
Assets and Liabilities:
- Total Assets: $460,573
- Total Liabilities: $0
- Net Assets: $460,573
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Organization Details
Founding Year
2015
Phone
(303) 903-2121Principal Officer
Shelly Bender
Main Address
6140 Quail Street, Arvada, CO, 80004
NTEE Category
Code: B12 - Education
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