Overview
What is Beyond The Boroughs Inc?
Beyond The Boroughs Inc is a distinguished nonprofit organization based in New York City, specifically at 30 EAST 125TH STREET 242, New York, NY 10035. Their primary mission involves providing financial aid to individuals of all races who have been accepted into college but face unmet financial needs during the fiscal year. The organization awards four-year scholarships, each worth up to $20,000, to deserving individuals. Beyond The Boroughs Inc plays a significant role in supporting the higher education aspirations of many individuals, thereby contributing to their future success and personal growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Beyond The Boroughs Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization scored particularly low in areas such as the independence of its board members and the availability of financial statements, receiving zero points in both categories. Additionally, the lack of essential policies, including conflict of interest and whistleblower policies, raises questions about governance practices.
Despite the shortcomings in governance, Beyond The Boroughs Inc has demonstrated a strong commitment to its programs, with a program expense ratio of 92.49%. This suggests that a substantial portion of its funds is directed towards its mission-related activities. Moreover, the charity has maintained a low liabilities to assets ratio of 3.22%, indicating a sound financial position regarding its obligations.
However, the absence of a functioning and accountable board, together with missing essential financial documentation, affects its overall credibility and operational transparency. Potential donors and stakeholders may want to consider these factors carefully when evaluating their support for Beyond The Boroughs Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Beyond The Boroughs Inc legitimate?
Beyond The Boroughs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beyond The Boroughs 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.
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What is the mission statement of Beyond The Boroughs Inc?
Beyond The Boroughs Inc's mission is centered around providing financial aid to individuals from various racial backgrounds who have been accepted into college but are facing unmet financial needs. The organization awards four-year scholarships, each worth up to $20,000, during the fiscal year, to support these students in pursuing their higher education. This initiative is aimed at making higher education more accessible and inclusive, ensuring that financial constraints do not hinder the academic aspirations of deserving students.
Who is the CEO of Beyond The Boroughs Inc?
Tutankhamen Reyes is the President of Beyond The Boroughs Inc.
What is the revenue of Beyond The Boroughs Inc?
Beyond The Boroughs Inc's revenue in 2022 was $463,676.
Who are the executives of Beyond The Boroughs Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Beyond The Boroughs Inc?
Beyond The Boroughs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beyond The Boroughs Inc
Beyond The Boroughs Inc, a scholarship fund, aims to support men and women of all races who have been accepted into college but are faced with unmet financial needs during the fiscal year. The organization grants four-year scholarships, each worth up to $20,000, to eligible candidates to help them pursue their higher education dreams. By providing this financial aid, Beyond The Boroughs Inc empowers individuals to overcome financial barriers and achieve their academic goals.
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Impact
July, 2024
Beyond The Boroughs Inc's impact can be seen in the lives of men and women of any race who have been accepted into college but face unmet financial needs. Through the Beyond The Boroughs National Scholarship Fund, deserving individuals are given the opportunity to pursue higher education with financial assistance of up to $20,000 for each year of their studies. This support not only helps these students access education but also enables them to work towards achieving their academic and career goals. By providing this vital financial aid, Beyond The Boroughs Inc is making a tangible difference in the lives of these students and helping them break barriers to higher education.
This information is meant to be a general summary of Beyond The Boroughs 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: $20
- Gross Receipts: $463,676
Assets and Liabilities:
- Total Assets: $110,420
- Total Liabilities: $5,094
- Net Assets: $105,326
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Organization Details
Founding Year
2007
Phone
(212) 903-1642Principal Officer
Tutankhamen Reyes
Main Address
30 EAST 125TH STREET 242, NEW YORK, NY, 10035
NTEE Category
Code: B82 - Education
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