Overview
What is Fair Chance?
Fair Chance is a nonprofit organization situated in Washington, D.C., specifically at 1100 New Jersey Ave SE STE 710. Their primary mission is to empower and strengthen youth-serving, community-based nonprofits, enabling them to produce transformative outcomes for children and families confronting hardships due to poverty, racism, and discrimination. With a dedicated workforce of 20 individuals, Fair Chance offers capacity building services, aiming to help these nonprofits make a significant impact in their communities.
Official website here: www.fairchance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)
Fair Chance has achieved a commendable score of 91% from Charity Navigator, reflecting its strong commitment to accountability, finance, and community engagement. The organization boasts a fully independent board and robust financial oversight, ensuring that donor funds are managed effectively. The perfect scores in various categories, including constituent feedback and equity strategies, highlight its transparency and responsiveness to the communities it serves.
User feedback from Great Nonprofits consistently praises Fair Chance for its capacity-building efforts. Reviewers emphasize the organization's unique approach of empowering youth-serving nonprofits rather than merely providing temporary aid. Many former clients report significant improvements in operational efficiency and fundraising capabilities, leading to a lasting positive impact on the lives of underserved children in Washington, D.C.
While the overall sentiment is overwhelmingly positive, the feedback does suggest that Fair Chance's model of supporting multiple organizations could challenge its ability to provide in-depth assistance to individual nonprofits at times. Nevertheless, the organization's strategic partnerships and collaborative approach are frequently noted as strengths, reinforcing its reputation as an essential resource for nonprofits aiming to enhance their services and sustainability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fair Chance legitimate?
Fair Chance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Chance 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: $155,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,247,891
For more financial information, click here
Official website here: www.fairchance.org
What is the mission statement of Fair Chance?
Fair Chance, as an organization, focuses on reinforcing community-based nonprofits to bring about transformative outcomes for children, youth, and families in communities affected by racism, discrimination, and poverty. Their mission is centered around empowering these nonprofits to deliver significant improvements in the lives of individuals experiencing poverty. By offering capacity building services, Fair Chance aims to help these youth-serving organizations achieve their goals and make a meaningful impact in their communities.
Official website here: www.fairchance.org
Who is the CEO of Fair Chance?
Gretchen Van Der Veer is the Chief Executive Officer of Fair Chance. The CEO's salary of Fair Chance is $155,119 and their total compensation is $187,470.
Official website here: www.fairchance.org
What is the revenue of Fair Chance?
Fair Chance's revenue in 2022 was $2,945,127.
Official website here: www.fairchance.org
Who are the executives of Fair Chance and what are their salaries?
The average compensation at Fair Chance during 2022 was $70,150. There are 20 employees and 150 volunteers at Fair Chance.
Here are 16 key members and their salaries (Fair Chance's CEO's salary is $155,119 and their total compensation is $187,470):
- Compensation: $155,119
- Related: $0
- Other: $32,351
- Compensation: $113,286
- Related: $0
- Other: $23,963
- Compensation: $114,978
- Related: $0
- Other: $16,672
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fairchance.org
Where can I find the form 990 for Fair Chance?
Fair Chance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairchance.org
Learn more at the official website: www.fairchance.org
Mission Statement of Fair Chance
Fair Chance, as an organization, is committed to strengthening community-based nonprofits. Their mission is to empower these nonprofits to deliver life-transforming outcomes for children, youth, and families residing in communities affected by racism, discrimination, and poverty. By providing capacity building services, Fair Chance aims to equip these nonprofits with the necessary tools and support to effectively serve and uplift families experiencing hardships due to poverty.
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Impact
July, 2024
Fair Chance strengthens community-based nonprofits to achieve life-changing results for children, youth, and families in communities impacted by racism, discrimination, and poverty. Through its capacity building services, Fair Chance helps youth-serving organizations enhance their effectiveness and impact on the lives of those experiencing poverty. This ultimately leads to improved outcomes for children and families in need.
This information is meant to be a general summary of Fair Chance. 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: $3,258
- Program Service Revenue: $347,062
- Gross Receipts: $3,147,055
Assets and Liabilities:
- Total Assets: $1,895,790
- Total Liabilities: $221,057
- Net Assets: $1,674,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract Revenue
Revenue
$347,062
Organization Details
Founding Year
2003
Principal Officer
Gretchen Van Der Veer
Main Address
1100 New Jersey Ave SE STE 710, Washington, DC, 20003
Website
www.fairchance.orgNTEE Category
Code: P20 - Human services
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