Overview
What is Avance Inc?
Avance Inc, located at 824 Broadway Street 204, San Antonio, Texas, is a nonprofit organization dedicated to supporting families in at-risk communities. They offer Early Head Start and Head Start programs for mothers and children from six weeks to five years old, providing rich learning experiences to help children develop socially, emotionally, and physically, contributing to their readiness for school and beyond. Avance's mission goes beyond just education, as they aim to create pathways to economic mobility for predominantly Latinx families. By offering high-quality, culturally responsive, two-generation programming, they ensure school-readiness for young children and give parents opportunities to build social and economic capital. Avance Inc employs a total of 259 people.
Official website here: www.avance.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
Avance Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting an impressive overall score of 97%. This rating is based entirely on their Accountability & Finance metrics, indicating a strong emphasis on financial integrity and transparency. The organization demonstrates excellent financial management, with a notable program expense ratio of 82.99%, ensuring that the majority of funds are directed towards their programs.
The charity’s governance is robust, featuring a fully independent board of directors comprising 18 members, which showcases their commitment to ethical oversight. They have established comprehensive policies, including conflict of interest and whistleblower policies, which bolster their accountability framework. Additionally, the absence of any material diversion of assets and a strong audit oversight committee further underscores their financial diligence.
While Avance Inc excels in various financial aspects, maintaining a working capital ratio of 0.70 years indicates they may need to enhance their liquidity management. Nevertheless, the absence of fundraising costs and a solid liabilities to assets ratio suggest a well-structured financial foundation, allowing them to effectively fulfill their mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Avance Inc?
90% of 15 reviewers on Facebook recommend Avance Inc. Here is a summary of their reviews:
Many supporters appreciate the nonprofit's commitment to helping families improve their situations. The emphasis on community support and resources resonates with those who have benefited from their programs.
Overall, the sentiment reflects a positive reception, highlighting that Avance Inc effectively delivers on its mission to foster better family environments.
This AI summary has been generated from reviews found on Facebook.
Is Avance Inc legitimate?
Avance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avance 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: $504,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,687,049
For more financial information, click here
Official website here: www.avance.org/
What is the mission statement of Avance Inc?
Avance Inc is dedicated to strengthening families in at-risk communities through parent education and support programs. Their mission is to create pathways to economic mobility for predominantly Latino families by providing high-quality, culturally responsive two-generation programming. This programming ensures school-readiness for young children and offers opportunities for parents to build social and economic capital. Avance Inc's comprehensive Early Head Start and Head Start programs support expectant mothers and children from six weeks to five years old. Rich learning experiences are designed to help children develop socially, emotionally, physically, and intellectually, contributing to a child's readiness for school and beyond.
Official website here: www.avance.org/
Who is the CEO of Avance Inc?
Elida Gonzales is the Board Chair of Avance Inc. The CEO's salary of Avance Inc is $186,598 and their total compensation is $194,381.
Official website here: www.avance.org/
What is the revenue of Avance Inc?
Avance Inc's revenue in 2022 was $14,922,059.
Official website here: www.avance.org/
Who are the executives of Avance Inc and what are their salaries?
The average compensation at Avance Inc during 2022 was $35,487. There are 259 employees and 20 volunteers at Avance Inc.
Here are 15 key members and their salaries (Avance Inc's CEO's salary is $186,598 and their total compensation is $194,381):
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- Compensation: $186,598
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- Other: $7,783
- Compensation: $132,010
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- Other: $8,862
- Compensation: $123,683
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- Other: $8,905
Official website here: www.avance.org/
Where can I find the form 990 for Avance Inc?
Avance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avance.org/
Learn more at the official website: www.avance.org/
Mission Statement of Avance Inc
Avance Inc, a nonprofit organization, focuses on fortifying families in at-risk communities by providing parent education and support programs. Avance's mission is geared towards creating opportunities for economic mobility for predominantly Latino families. By implementing high-quality, culturally responsive two-generation programming, Avance ensures that young children become school-ready and parents build social and economic capital.
Avance's comprehensive offerings include Early Head Start and Head Start programs, which cater to expectant mothers and children from six weeks to five years old. These programs are designed to facilitate rich learning experiences, enabling children to develop not only cognitively but also socially, emotionally, and physically. The child's readiness for school and beyond is significantly enhanced through these engaging and developmentally-appropriate activities.
Avance's commitment to its mission extends beyond the educational realm. The organization's programs aim to empower families with the necessary skills and resources to improve their socio-economic status. By offering a nurturing environment that fosters growth for both children and parents, Avance plays a pivotal role in breaking the cycle of poverty and promoting self-sufficiency.
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Impact
October, 2024
Avance Inc has a profound impact on at-risk communities by strengthening families through targeted parent education and support programs. Located in San Antonio, Texas, Avance focuses on empowering predominantly Latino families and facilitates pathways to economic mobility through comprehensive early childhood education initiatives like Early Head Start and Head Start.
By offering rich learning experiences for children ages six weeks to five years, Avance enhances developmental, social, emotional, and physical readiness for school. These programs ensure that young children are not only prepared for educational success but also set a foundation for lifelong learning and growth.
Simultaneously, Avance invests in parents, providing opportunities for them to build social and economic capital, fostering a two-generation approach to education and empowerment. This holistic model ultimately strengthens the community as a whole, contributing to improved educational outcomes and economic stability for families in need.
This information is meant to be a general summary of Avance 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: $66,558
- Program Service Revenue: $316,958
- Gross Receipts: $14,922,059
Assets and Liabilities:
- Total Assets: $3,341,095
- Total Liabilities: $1,861,198
- Net Assets: $1,479,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATION FEES
Revenue
$251,792
PROGRAM SERVICE FEES
Revenue
$65,166
Organization Details
Founding Year
1973
Phone
(210) 270-4630Principal Officer
Elida Gonzales
Main Address
824 BROADWAY STREET 204, SAN ANTONIO, TX, 78215
Website
www.avance.org/NTEE Category
Code: S20Z - Community improvement
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