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Spanish American Basic Education And Rehabilitation Inc

Saber Inc

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

EIN: 581126894 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Spanish American Basic Education And Rehabilitation Inc?

Spanish American Basic Education and Rehabilitation Inc, often referred to as SABER, is a nonprofit organization located in Miami, Florida. Its primary mission is to foster personal growth and contribute to society by enhancing individuals' education in specific knowledge domains. They achieve this goal through various education and training programs designed to improve job skills. During the previous fiscal year, SABER served over 250 active students, demonstrating its commitment to empowering individuals and fostering societal betterment. Based at 3990 WEST FLAGLER STREET APT 103, SABER Inc employs a team of 26 dedicated individuals who work tirelessly towards achieving this mission.


Official website here: www.sabercollege.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Spanish American Basic Education And Rehabilitation Inc has received an 86% rating from Charity Navigator, reflecting a strong emphasis on accountability and financial management. The charity benefits from a fully independent board and demonstrates transparency in its governance practices, such as maintaining a conflict of interest policy and a whistleblower policy. These factors contribute positively to its overall score, showcasing a commitment to ethical operations.

The organization excels in its program expense ratio, allocating a significant portion of its funds directly to its programs, which is an important indicator of effective resource utilization. The charity also scores well in terms of financial oversight and auditing practices, ensuring that its financial statements are rigorously evaluated and that there are no material diversions of assets.

However, the charity's liabilities to assets ratio indicates some room for improvement, as it stands at 63.58%. This could suggest potential financial vulnerabilities that may need to be addressed. Overall, while Spanish American Basic Education And Rehabilitation Inc displays strong accountability and program focus, stakeholders should remain mindful of its financial leverage.


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

Is Spanish American Basic Education And Rehabilitation Inc legitimate?

Spanish American Basic Education And Rehabilitation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spanish American Basic Education And Rehabilitation 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: $2,041,536

For more financial information, click here


Official website here: www.sabercollege.edu

What is the mission statement of Spanish American Basic Education And Rehabilitation Inc?

Spanish American Basic Education and Rehabilitation Inc's mission is centered around fostering personal growth. Their objective is to empower individuals, enabling them to become better contributors to society. They achieve this by advancing the education of individuals in specific knowledge segments through both education and training programs. As a not-for-profit entity, their mission is to improve job skills, ultimately helping individuals become more valuable members of society. During the previous fiscal year, they had over 250 active students participating in their programs.


Official website here: www.sabercollege.edu

Who is the CEO of Spanish American Basic Education And Rehabilitation Inc?

Josefina Habif is the President of Spanish American Basic Education And Rehabilitation Inc.


Official website here: www.sabercollege.edu

What is the revenue of Spanish American Basic Education And Rehabilitation Inc?

Spanish American Basic Education And Rehabilitation Inc's revenue in 2022 was $3,782,505.


Official website here: www.sabercollege.edu

Who are the executives of Spanish American Basic Education And Rehabilitation Inc and what are their salaries?

The average compensation at Spanish American Basic Education And Rehabilitation Inc during 2022 was $78,521. There are 26 employees at Spanish American Basic Education And Rehabilitation Inc.


Here are 3 key members and their salaries:


Hector Gasca (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilda Portilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul L Rodriguez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sabercollege.edu

Where can I find the form 990 for Spanish American Basic Education And Rehabilitation Inc?

Spanish American Basic Education And Rehabilitation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sabercollege.edu

Learn more at the official website: www.sabercollege.edu

Mission Statement of Spanish American Basic Education And Rehabilitation Inc

Spanish American Basic Education and Rehabilitation Inc, as a not-for-profit entity, is committed to fostering the personal growth of individuals, aiming to transform them into better contributors to society. They achieve this by advancing their education in specific knowledge segments through education and training programs. By doing so, the organization helps enhance the job skills of its students, allowing them to become more productive members of society. During the past fiscal year, Spanish American Basic Education and Rehabilitation Inc had over 250 active students benefiting from its educational and training programs.

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Impact




July, 2024

Spanish American Basic Education And Rehabilitation Inc has positively impacted over 250 active students in the past fiscal year by fostering their growth and helping them become better members of society. The organization's focus on advancing education in specific segments of knowledge through training programs has not only enhanced the students' job skills but also provided them with valuable tools for personal and professional development. By offering these educational opportunities, SABER Inc is contributing to building a more educated and skilled workforce, which in turn benefits both the individuals and the broader community.




This information is meant to be a general summary of Spanish American Basic Education And Rehabilitation 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.

Revenue
$3,782,505 (2022)
Expenses
$3,703,566 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,788,471
  • Gross Receipts: $3,782,505

Assets and Liabilities:

  • Total Assets: $1,202,159
  • Total Liabilities: $791,734
  • Net Assets: $410,425

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES, NET

Revenue

$2,734,870

OTHER INCOME

Revenue

$53,601

Organization Details

Founding Year

1971

Principal Officer

Josefina Habif

Main Address

3990 WEST FLAGLER STREET APT 103, Miami, FL, 33134

NTEE Category

Code: B60 - Education

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