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Plan4Success

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

EIN: 475527537 ✦ Homewood, IL ✦ Designated as a 501(c)(3)

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Overview

What is Plan4Success?

Plan4Success is a nonprofit organization that focuses on establishing scholarship programs and offering various educational, social, and cultural experiences. Their primary mission is to provide opportunities for personal growth and development by means of funding and cultural enrichment activities. The organization engages in fundraising events to support its programs and aims to contribute positively to its community.


Official website here: www.plan4success.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.

Plan4Success has received a low rating primarily due to concerns in accountability and financial management. While the organization boasts a fully independent board, with no material diversion of assets, it lacks critical governance policies such as a conflict of interest policy and a whistleblower policy, which contributed to its poor overall score. The absence of these policies raises questions about the organization's transparency and commitment to accountability.

Financially, Plan4Success reported a program expense ratio of only 12%, indicating a significant portion of its resources may not be directed towards its core mission. Additionally, the organization's liabilities to assets ratio stands at 0.00%, which, while seemingly positive, does not offset the concerns raised by the low program spending. The lack of essential documentation and policies detracts from its financial health and governance practices.

In summary, Plan4Success displays some strengths in board independence and asset management but significantly falters in policy development and program expenditure. These limitations are critical for potential donors to consider when evaluating the effectiveness and reliability of the organization.


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

Is Plan4Success legitimate?

Plan4Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plan4Success 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.plan4success.org

What is the mission statement of Plan4Success?

Plan4Success's mission is centered around establishing scholarship programs and offering educational, social, and cultural experiences. They aim to provide opportunities that extend beyond academic learning, fostering personal growth and cultural awareness. The organization accomplishes this through various fundraising activities.


Official website here: www.plan4success.org

Who is the CEO of Plan4Success?

Nicole Brookens is the President of Plan4Success.


Official website here: www.plan4success.org

What is the revenue of Plan4Success?

Plan4Success's revenue in 2022 was $34,215.


Official website here: www.plan4success.org

Who are the executives of Plan4Success and what are their salaries?

There 40 volunteers at Plan4Success.


Here are 8 key members and their salaries:


Nicole Brookens (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Davis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominique Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynea Fenderson (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawana Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katori Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kea Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.plan4success.org

Where can I find the form 990 for Plan4Success?

Plan4Success's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.plan4success.org

Learn more at the official website: www.plan4success.org

Mission Statement of Plan4Success

Plan4Success, as a nonprofit organization, is committed to establishing scholarship programs and offering educational, social, and cultural experiences. Their mission is to provide opportunities for individuals to further their education and engage in enriching experiences beyond the classroom. Through their fundraising efforts, Plan4Success aims to make these opportunities accessible to a wide range of individuals, fostering personal growth and development.

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Impact




August, 2024

Plan4Success's impact can be seen in its establishment of scholarship programs that provide educational, social, and cultural experiences to individuals in need. Through their fundraising efforts, they have been able to support students in pursuing higher education and expanding their horizons beyond the classroom. This organization's mission to enhance access to education and opportunities for personal growth is making a tangible difference in the community of Homewood, IL.




This information is meant to be a general summary of Plan4Success. 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
$34,215 (2022)
Expenses
$31,129 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $34,215

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2015

Principal Officer

Nicole Brookens

Main Address

1353 POPLAR COURT, HOMEWOOD, IL, 60430

NTEE Category

Code: B80 - Education

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