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New Chesapeake Men For Progress Education Foundation

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

EIN: 800565157 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

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Overview

What is New Chesapeake Men For Progress Education Foundation?

New Chesapeake Men For Progress Education Foundation is a nonprofit organization situated in Chesapeake, Virginia. Their primary mission is to positively impact the education of young black males, extending support from elementary to secondary levels. They offer scholarships and mentoring services to these students, as well as provide school supplies for those in financial need. Beyond academic support, the foundation engages in adult services, including jail ministry, parent education seminars, and financial empowerment seminars, aimed at enhancing adults' understanding of issues affecting their well-being.


Official website here: www.thencmpeduf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

The New Chesapeake Men For Progress Education Foundation has received a low rating of 41%, indicating significant concerns regarding its accountability and financial health. With no independent board members and a program expense ratio of only 43.01%, the organization struggles to meet some foundational governance and fiscal responsibility standards. Although it has strong marks for policies like conflict of interest and whistleblower protections, the overall lack of independent oversight is troubling.

On a positive note, the nonprofit demonstrates excellent practices in culture and community engagement, scoring 100% in feedback collection, usage, and overall practices. This suggests that while the organization may face challenges in its governance structure, it is effectively engaging with and responding to the community it serves.

However, the limitations highlighted, such as the complete absence of independent board members and a low program expense ratio, raise questions about the organization's capacity to manage resources effectively and fulfill its mission. Continued scrutiny and improvement in these areas will be essential for building trust and demonstrating impact in the community.


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

Is New Chesapeake Men For Progress Education Foundation legitimate?

New Chesapeake Men For Progress Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Chesapeake Men For Progress Education Foundation 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: $0

For more financial information, click here


Official website here: www.thencmpeduf.org

What is the mission statement of New Chesapeake Men For Progress Education Foundation?

The New Chesapeake Men For Progress Education Foundation is committed to significantly impacting the education of black male youth. They achieve this by offering scholarships and mentoring services to students at the elementary and secondary levels. Additionally, the foundation provides school supplies to students in need. Beyond academic support, they also offer adult services such as jail ministry, parent education seminars, and financial empowerment seminars, aiming to enhance the understanding of issues affecting their well-being.


Official website here: www.thencmpeduf.org

Who is the CEO of New Chesapeake Men For Progress Education Foundation?

George Reed is the Director of New Chesapeake Men For Progress Education Foundation.


Official website here: www.thencmpeduf.org

What is the revenue of New Chesapeake Men For Progress Education Foundation?

New Chesapeake Men For Progress Education Foundation's revenue in 2022 was $71,799.


Official website here: www.thencmpeduf.org

Who are the executives of New Chesapeake Men For Progress Education Foundation and what are their salaries?

There 46 volunteers at New Chesapeake Men For Progress Education Foundation.


Here are 10 key members and their salaries:


William Clayton Bennet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward R Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Lowery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvetta Alexander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hamilton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald D Larrimore (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Reed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Griffin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thencmpeduf.org

Where can I find the form 990 for New Chesapeake Men For Progress Education Foundation?

New Chesapeake Men For Progress Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thencmpeduf.org

Learn more at the official website: www.thencmpeduf.org

Mission Statement of New Chesapeake Men For Progress Education Foundation

New Chesapeake Men For Progress Education Foundation is committed to significantly impacting the education of black male youth. Through a multifaceted approach, the organization provides both scholarships and mentoring services to young boys at the elementary and secondary levels. Recognizing the financial burden that some students may face, the foundation also extends its support by offering school supplies to those who cannot afford them. Beyond academic assistance, New Chesapeake Men For Progress Education Foundation extends its reach to adult services, offering programs such as jail ministry, parent education seminars, and financial empowerment seminars. These initiatives are designed to help adults improve their understanding of the challenges affecting their well-being. In essence, the foundation is dedicated to fostering the educational growth and overall well-being of black male youth and their adult counterparts.

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Impact




August, 2024

New Chesapeake Men For Progress Education Foundation is making a significant impact by positively influencing the education of black male youth. Through scholarships and mentoring services at the elementary and secondary levels, the foundation is helping students access educational opportunities they may not have had otherwise. Additionally, providing school supplies to those in need ensures that students have the resources necessary for academic success. The foundation's support extends to adult services as well, with programs like jail ministry, parent education seminars, and financial empowerment seminars, all aimed at improving overall well-being. This multifaceted approach is creating lasting changes in the lives of both young students and adults in the community.




This information is meant to be a general summary of New Chesapeake Men For Progress Education Foundation. 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
$71,799 (2022)
Expenses
$37,789 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $71,799

Assets and Liabilities:

  • Total Assets: $161,041
  • Total Liabilities: $0
  • Net Assets: $161,041

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Organization Details

Founding Year

2010

Principal Officer

George Reed

Main Address

PO Box 1262, Chesapeake, VA, 23327

NTEE Category

Code: B82 - Education

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