Overview
What is Operation Shoestring Inc?
Operation Shoestring Inc, located in Jackson, Mississippi, is a dedicated nonprofit organization. Their primary focus lies in investing in the future of children and their families. Through their Project RISE afterschool and summer program, they engage pre-kindergarten to 5th grade students primarily from Walton and Galloway Elementary Schools, offering educational, artistic, and social-emotional development activities. This initiative is positively impacting the academic and behavioral development of the students involved. Operation Shoestring's mission extends beyond education, aiming to promote health, self-sufficiency, and extend opportunities to the needy. Their ultimate goal is to uplift their target neighborhoods and the larger community, ultimately brightening everyone's future. The organization employs a team of 41 individuals.
Official website here: www.operationshoestring.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Operation Shoestring Inc has achieved an impressive rating of 99% from Charity Navigator, reflecting exceptional accountability and financial health. The organization showcases a strong program expense ratio of 75.62%, indicating that a significant portion of its funds is directed toward its mission. With a 100% score in both accountability & finance and leadership & adaptability, the nonprofit demonstrates a commitment to transparency and effective governance.
The organization has a fully independent board composed of 15 members, ensuring unbiased oversight and strategic direction. Additionally, it excels in feedback collection and usage, scoring 100% in both areas, which highlights its focus on community engagement and responsiveness to stakeholder needs. Its strategic goals include providing quality afterschool care and summer camp programs, underscoring its dedication to serving the community effectively.
Despite its strengths, the organization's liabilities to assets ratio stands at 1.18%, which could be a consideration for potential donors regarding financial stability. However, the overall indicators of success suggest that Operation Shoestring Inc is well-managed and committed to making a positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Operation Shoestring Inc legitimate?
Operation Shoestring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Shoestring 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: $158,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,002,305
For more financial information, click here
Official website here: www.operationshoestring.org
What is the mission statement of Operation Shoestring Inc?
Operation Shoestring Inc's mission is to invest in the well-being of children and their families. This is achieved by promoting health, self-sufficiency, and extending help to the needy. The organization aims to uplift their target neighborhoods and the larger community, ultimately brightening the future for all. One of their initiatives, Project Rise Afterschool and Summer Program, offers engaging educational, artistic, and social-emotional development activities for pre-kindergarten to 5th grade students, positively impacting their academic and behavioral development.
Official website here: www.operationshoestring.org
What is the revenue of Operation Shoestring Inc?
Operation Shoestring Inc's revenue in 2024 was $3,734,061.
Official website here: www.operationshoestring.org
Who are the executives of Operation Shoestring Inc and what are their salaries?
The average compensation at Operation Shoestring Inc during 2024 was $23,696. There are 49 employees and 265 volunteers at Operation Shoestring Inc.
Here are 17 key members and their salaries:
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- Compensation: $150,889
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- Other: $12,318
Official website here: www.operationshoestring.org
Where can I find the form 990 for Operation Shoestring Inc?
Operation Shoestring Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.operationshoestring.org
Learn more at the official website: www.operationshoestring.org
Mission Statement of Operation Shoestring Inc
Operation Shoestring Inc's mission is dedicated to investing in the well-being and potential of children and their families. This nonprofit organization seeks to promote health, self-sufficiency, and extend a helping hand to those in need. By doing so, Operation Shoestring aims to uplift its target communities and contribute positively to the larger society, ultimately brightening everyone's future.
One of the ways Operation Shoestring fulfills its mission is through its Project Rise Afterschool and Summer Program. This initiative offers a variety of engaging educational, artistic, and social-emotional development activities for students from pre-kindergarten to 5th grade, primarily enrolled in Walton and Galloway Elementary Schools. The impact of this program is currently improving the academic and behavioral development of students participating in Project Rise.
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Impact
July, 2024
Operation Shoestring Inc's Project Rise afterschool and summer program in Jackson, MS, is making a tangible impact on the academic and behavioral development of pre-kindergarten through 5th-grade students. By providing engaging educational, artistic, and social-emotional development activities primarily for students at Walton and Galloway Elementary Schools, Operation Shoestring is actively investing in the hearts and minds of these children and their families. Their mission, focused on promoting health and self-sufficiency while extending hope and opportunity to empower the needy, is brightening the future for the community as a whole.
This information is meant to be a general summary of Operation Shoestring 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 2024.
- Investment Income: $71,027
- Program Service Revenue: $25,645
- Gross Receipts: $3,753,950
Assets and Liabilities:
- Total Assets: $5,816,914
- Total Liabilities: $69,116
- Net Assets: $5,747,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,645
Organization Details
Founding Year
1968
Principal Officer
Robert Langford
Website
www.operationshoestring.orgNTEE Category
Code: P200 - Human services
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