Overview
What is Delaware Futures Inc?
Delaware Futures Inc, located at 1104 North Adams Street, Wilmington, DE 19801, is a nonprofit organization that focuses on uplifting economically disadvantaged high school students with untapped potential. They offer comprehensive support, including academic guidance, social mentoring, and motivation, as well as cultural enrichment. The goal is to help these students recognize and actualize their unrealized abilities, ultimately enabling them to enroll in college. With a dedicated workforce of 49 individuals, Delaware Futures Inc strives to empower these students, fostering their academic success and broader personal development.
Official website here: www.delawarefutures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Delaware Futures Inc has received a commendable Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial health. The charity's score is derived entirely from its Accountability & Finance metrics, where it scored 96%. This high rating indicates a transparent and well-managed organization that adheres to rigorous standards of financial integrity.
The organization is characterized by a fully independent board, which contributes to its governance strength. With all board members being independent, and a strong emphasis on conflict of interest and whistleblower policies, Delaware Futures demonstrates a commitment to ethical operations. Their financial practices are also robust, evident from a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their funds is directed toward their mission.
While the organization has shown outstanding performance in financial management, the data does not provide insights into the impact or effectiveness of its programs. Overall, Delaware Futures Inc stands out for its governance and financial practices, making it a reliable option for donors seeking to support educational initiatives in Delaware.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware Futures Inc legitimate?
Delaware Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Futures 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: $77,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,611
For more financial information, click here
Official website here: www.delawarefutures.org
What is the mission statement of Delaware Futures Inc?
Delaware Futures Inc, as an organization, aims to provide academic, social, motivational support, and cultural enrichment to economically disadvantaged high school students. Their mission is to empower these students to recognize and fulfill their unrealized potential, ultimately helping them become matriculated college students. Through their efforts, Delaware Futures Inc seeks to provide educational, social, and motivational support, fostering the development of successful college applicants.
Official website here: www.delawarefutures.org
Who is the CEO of Delaware Futures Inc?
Providenza Ro is the Principal Officer of Delaware Futures Inc.
Official website here: www.delawarefutures.org
What is the revenue of Delaware Futures Inc?
Delaware Futures Inc's revenue in 2022 was $803,404.
Official website here: www.delawarefutures.org
Who are the executives of Delaware Futures Inc and what are their salaries?
The average compensation at Delaware Futures Inc during 2022 was $7,730. There are 49 employees at Delaware Futures Inc.
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- Compensation: $80,850
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Official website here: www.delawarefutures.org
Where can I find the form 990 for Delaware Futures Inc?
Delaware Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.delawarefutures.org
Learn more at the official website: www.delawarefutures.org
Mission Statement of Delaware Futures Inc
Delaware Futures Inc, a nonprofit organization, is dedicated to empowering economically disadvantaged high school students by providing them with academic, social, motivational support, and cultural enrichment. The mission of Delaware Futures Inc is to help these students recognize and fulfill their unrealized potential, thereby enabling them to become successful college applicants. The organization's primary goal is to equip these students with the necessary tools and resources to overcome the challenges they face, thereby enabling them to achieve their dreams of higher education. By providing a supportive environment and tailored programs, Delaware Futures Inc aims to inspire and motivate these students, helping them to unlock their full potential and transform their lives.
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Impact
July, 2024
Delaware Futures Inc's impact is profound in empowering economically disadvantaged high school students to recognize and fulfill their unrealized potential, ultimately enabling them to become successful college applicants. By providing academic, social, motivational support, and cultural enrichment, Delaware Futures Inc equips these students with the necessary tools and resources to overcome barriers and pursue higher education. Through their targeted programs and initiatives, Delaware Futures Inc transforms the lives of these students, opening up pathways to a brighter future and helping them break the cycle of poverty.
This information is meant to be a general summary of Delaware Futures 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 2022.
- Investment Income: $4,307
- Gross Receipts: $820,643
Assets and Liabilities:
- Total Assets: $428,471
- Total Liabilities: $49,779
- Net Assets: $378,692
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Organization Details
Founding Year
1996
Phone
(302) 652-8619Principal Officer
Providenza Ro
Main Address
1104 NORTH ADAMS STREET, WILMINGTON, DE, 19801
Website
www.delawarefutures.orgNTEE Category
Code: B82 - Education
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