Overview
What is Minority Access Inc?
Minority Access Inc, based in Hyattsville, Maryland, is a nonprofit organization with a mission to enhance educational opportunities for underprivileged students. Their primary goal is to boost the chances of these students becoming competitive graduates, encouraging them to pursue higher education. To achieve this, the organization collaborates with various academic institutions, government agencies, and corporations, facilitating campus and workplace diversity. With a team of 27 individuals, Minority Access Inc plays a significant role in promoting inclusivity and educational advancement.
Official website here: www.minorityaccess.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48%, Zero-Star out of Four Star Rating
Minority Access Inc has received a low overall rating of 48%, which is reflective of its performance in accountability and finance. The zero-star rating indicates significant areas for improvement, particularly in financial transparency. While it has a strong independent board composition, the lack of available financial statements is a major drawback that contributes heavily to its low score.
The organization benefits from having a fully independent board and a low liability-to-asset ratio, signaling a solid governance structure. However, it faces challenges in transparency due to missing financial documentation, which diminishes trust and accountability. The absence of key policies, such as those for conflict of interest and whistleblower protections, further limits its score and potential effectiveness.
In summary, while Minority Access Inc demonstrates some strengths in board independence and financial ratios, the lack of necessary financial statements and policies raises concerns about its overall accountability. To enhance its standing, the organization would need to address these critical gaps in transparency and policy implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Minority Access Inc legitimate?
Minority Access Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minority Access 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: $68,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,137
For more financial information, click here
Official website here: www.minorityaccess.org
What is the mission statement of Minority Access Inc?
Minority Access Inc's mission is centered around fostering diversity. The organization assists various entities, including academic institutions, government agencies, and corporations, in diversifying their educational and professional environments. Their primary goal is to enhance the representation of individuals from disadvantaged backgrounds in higher education, helping them become highly competitive graduates. This is achieved through the Educational Talent Search Program, which aims to increase the likelihood of these students succeeding in higher education.
Official website here: www.minorityaccess.org
What is the revenue of Minority Access Inc?
Minority Access Inc's revenue in 2023 was $331,673.
Official website here: www.minorityaccess.org
Who are the executives of Minority Access Inc and what are their salaries?
The average compensation at Minority Access Inc during 2023 was $14,077. There are 7 employees and 4 volunteers at Minority Access Inc.
Here are 4 key members and their salaries:
- Compensation: $68,403
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.minorityaccess.org
Where can I find the form 990 for Minority Access Inc?
Minority Access Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.minorityaccess.org
Learn more at the official website: www.minorityaccess.org
Mission Statement of Minority Access Inc
Minority Access, an organization dedicated to diversity, assists various entities in enriching their campuses and workplaces with a more diverse population. Their mission is to extend this assistance to individuals, educational institutions, federal, state, and local government agencies, as well as corporations. By doing so, Minority Access aims to foster an inclusive environment where individuals from disadvantaged backgrounds can thrive and excel. The Educational Talent Search Program, a significant initiative under Minority Access, focuses on supporting students from disadvantaged backgrounds. The goal is to empower these students to become highly competitive graduates, ultimately enrolling and completing their education in institutions of higher learning.
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Impact
July, 2024
Minority Access Inc has a significant impact on promoting diversity and inclusion in academic institutions, government agencies, and corporations. Through their Educational Talent Search Program, they help students from disadvantaged backgrounds become highly competitive graduates and successfully enroll in higher education institutions. By assisting these individuals and organizations in diversifying their campuses and work sites, Minority Access Inc contributes to creating a more inclusive and equitable society. Their work not only benefits the individuals directly involved but also has broader positive effects on the communities and industries they serve.
This information is meant to be a general summary of Minority Access 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 2023.
- Gross Receipts: $331,673
Assets and Liabilities:
- Total Assets: $2,456,342
- Total Liabilities: $428,083
- Net Assets: $2,028,259
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Organization Details
Founding Year
1995
Principal Officer
Andrea Mickle
Website
www.minorityaccess.orgNTEE Category
Code: P20 - Human services
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