Overview
What is Project Discovery Of Virginia Inc?
Project Discovery of Virginia Inc., situated in Roanoke, Virginia, is a nonprofit organization committed to promoting equal opportunities in higher education for minority and low-income students. They provide parents with valuable resources to aid in planning their children's futures. The core mission of this organization is to enhance access to and prepare elementary through high school students for success in post-secondary education. With a team of five dedicated individuals, Project Discovery of Virginia Inc. works diligently to empower young learners, ensuring they are well-prepared for their higher educational journeys.
Official website here: www.projectdiscovery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Project Discovery Of Virginia Inc has received a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance with a score of 81%. This rating indicates a strong emphasis on transparency and responsible financial management, which is critical for fostering trust among donors and stakeholders. The organization has maintained good practices, such as having a majority of independent board members and robust oversight measures.
The charity’s financial structure appears sound, with a high program expense ratio of 90.47%, meaning that a significant portion of its expenditures directly supports its mission. Furthermore, the organization shows a commitment to ethical governance through established policies, including conflict of interest and whistleblower protections. The salaries of key personnel are also disclosed, contributing to the overall transparency of the organization.
However, while the financial and accountability scores are commendable, the overall rating is solely based on these aspects, and there may be additional qualitative factors or programmatic outcomes not captured in the score. Potential donors might want to consider these factors when evaluating the nonprofit's overall impact and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Project Discovery Of Virginia Inc legitimate?
Project Discovery Of Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Discovery Of Virginia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,131
For more financial information, click here
Official website here: www.projectdiscovery.org
What is the mission statement of Project Discovery Of Virginia Inc?
Project Discovery of Virginia Inc's mission is centered around enhancing access to and preparing elementary through high school students for success in post-secondary education. The organization strives to bridge the gap for minority and low-income students, providing them with opportunities to pursue higher education. Additionally, Project Discovery offers resources to parents, aiding them in planning their children's futures.
Official website here: www.projectdiscovery.org
Who is the CEO of Project Discovery Of Virginia Inc?
Chase Stewart is the President of Project Discovery Of Virginia Inc.
Official website here: www.projectdiscovery.org
What is the revenue of Project Discovery Of Virginia Inc?
Project Discovery Of Virginia Inc's revenue in 2022 was $1,398,047.
Official website here: www.projectdiscovery.org
Who are the executives of Project Discovery Of Virginia Inc and what are their salaries?
The average compensation at Project Discovery Of Virginia Inc during 2022 was $50,226. There are 5 employees and 20 volunteers at Project Discovery Of Virginia Inc.
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Official website here: www.projectdiscovery.org
Where can I find the form 990 for Project Discovery Of Virginia Inc?
Project Discovery Of Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectdiscovery.org
Learn more at the official website: www.projectdiscovery.org
Mission Statement of Project Discovery Of Virginia Inc
Project Discovery of Virginia Inc is committed to increasing access to and preparing elementary through high school students for success in post-secondary education. This mission is aimed at ensuring that minority and low-income students have an equal opportunity to pursue higher education. Furthermore, the organization provides parents with the necessary information to help plan their children's futures, thereby empowering them to make informed decisions about their children's educational journeys. By focusing on these areas, Project Discovery of Virginia Inc aims to broaden the horizons of underrepresented students and equip them with the skills and knowledge needed to thrive in post-secondary education and beyond.
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Impact
July, 2024
Project Discovery Of Virginia Inc has a significant impact on increasing access to post-secondary education and preparing elementary through high school students for success in higher education. By providing equal access to minority and low-income students in Roanoke, Virginia, the organization helps to bridge the gap and empower students to thrive in their academic pursuits. Additionally, Project Discovery offers valuable information to parents to aid in planning their children's educational futures. Through its mission to uplift and support students on their educational journey, Project Discovery Of Virginia Inc is making a meaningful difference in the community.
This information is meant to be a general summary of Project Discovery Of Virginia 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: $15,249
- Gross Receipts: $1,471,704
Assets and Liabilities:
- Total Assets: $365,507
- Total Liabilities: $144,444
- Net Assets: $221,063
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Organization Details
Founding Year
1985
Phone
(540) 389-9900Principal Officer
Chase Stewart
Main Address
108 N JEFFERSON STREET SUITE 517, ROANOKE, VA, 24016
Website
www.projectdiscovery.orgNTEE Category
Code: B40K - Education
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