Overview
What is Educate Tomorrow Corp?
Educate Tomorrow Corp is a dedicated nonprofit organization situated in Miami Beach, Florida. With a team of 32 employees, their primary mission is to positively impact the academic, personal, and professional growth of the individuals they serve. In 2022, they reached out to over 900 youth and young adults through various mentoring, life-skills, and enrichment programs. These initiatives aim to foster the development of these individuals, ultimately helping them become strong, contributing members of their community. In addition to their year-round programs, Educate Tomorrow also functions as a resource and support system for college and university-based programs focused on former foster and homeless youth.
Official website here: www.educatetomorrow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% - Four-Star out of Four Star rating from Charity Navigator.
Educate Tomorrow Corp has received a strong Four-Star rating from Charity Navigator, reflecting its effective leadership and strong accountability practices. The organization scored particularly well in Leadership & Adaptability with a perfect score of 100, indicating a robust governance structure that includes a fully independent board of directors. Furthermore, their financial practices are commendable, with high marks in program efficiency and transparency.
The nonprofit focuses on supporting college students who have faced challenges such as foster care or unstable housing, demonstrating a commitment to impactful programming. Their strategic goals include expanding their scholars program and advocating for policy changes that benefit their target demographic. The organization has also shown adaptability by successfully navigating the pandemic, which resulted in increased revenue and enhanced support for participants.
While the organization's strengths are evident, it is worth noting that maintaining a high program expense ratio of over 84% suggests a strong prioritization of programmatic spending. Overall, Educate Tomorrow Corp appears to be a well-managed nonprofit with a clear mission and the capacity to respond to the needs of its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Educate Tomorrow Corp legitimate?
Educate Tomorrow Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educate Tomorrow Corp 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: $161,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,521,677
For more financial information, click here
Official website here: www.educatetomorrow.org
What is the mission statement of Educate Tomorrow Corp?
Educate Tomorrow Corp's mission is centered around making a lasting, positive impact on the academic, personal, and professional lives of the individuals it serves. The organization aims to help these individuals grow into strong, contributing members of their community. In 2022, Educate Tomorrow served over 900 youth and young adults through mentoring, life skills, and enrichment programming, and also provided support to college and university-based programs for former foster and homeless youth.
Official website here: www.educatetomorrow.org
Who is the CEO of Educate Tomorrow Corp?
Brett Mcnaught is the Ceo of Educate Tomorrow Corp. The CEO's salary of Educate Tomorrow Corp is $153,752 and their total compensation is $153,752.
Official website here: www.educatetomorrow.org
What is the revenue of Educate Tomorrow Corp?
Educate Tomorrow Corp's revenue in 2022 was $2,976,692.
Official website here: www.educatetomorrow.org
Who are the executives of Educate Tomorrow Corp and what are their salaries?
The average compensation at Educate Tomorrow Corp during 2022 was $52,585. There are 32 employees and 10 volunteers at Educate Tomorrow Corp.
Here are 16 key members and their salaries (Educate Tomorrow Corp's CEO's salary is $153,752 and their total compensation is $153,752):
- Compensation: $153,752
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Official website here: www.educatetomorrow.org
Where can I find the form 990 for Educate Tomorrow Corp?
Educate Tomorrow Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educatetomorrow.org
Learn more at the official website: www.educatetomorrow.org
Mission Statement of Educate Tomorrow Corp
Educate Tomorrow Corp is committed to making a positive and lasting impact on the academic, personal, and professional lives of the individuals it serves. The organization aims to help these individuals mature into strong contributing members of their community. Through its mentoring, life-skills, and enrichment programming, Educate Tomorrow Corp served over 900 youth and young adults in 2022. Additionally, the nonprofit also acted as a resource and provided support for college and university-based programs for former foster and homeless youth.
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Impact
July, 2024
Educate Tomorrow Corp has a significant impact on the academic, personal, and professional lives of the individuals it serves, helping them to mature into strong contributing members of the community. In 2022, this organization served more than 900 youth and young adults through mentoring, life-skills, and enrichment programming year-round. Moreover, Educate Tomorrow Corp also provided support and resources for college and university-based support programs for former foster and homeless youth. Through its efforts, Educate Tomorrow Corp is making a positive and enduring impact on the lives of those it serves, ultimately contributing to the growth and development of a stronger community.
This information is meant to be a general summary of Educate Tomorrow Corp. 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.
- Program Service Revenue: $43,733
- Gross Receipts: $2,981,799
Assets and Liabilities:
- Total Assets: $729,220
- Total Liabilities: $469,957
- Net Assets: $259,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$43,733
Organization Details
Founding Year
2003
Phone
(305) 374-3751Principal Officer
Brett Mcnaught
Main Address
PO BOX 398418, MIAMI BEACH, FL, 33239
Website
www.educatetomorrow.orgNTEE Category
Code: Q30 - International
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