Overview
What is Kids In Tech Inc?
Kids In Tech Inc is a nonprofit organization situated in Lowell, Massachusetts, specifically at 17 Dean Drive. Their primary focus is on providing technological resources and mentorship to underprivileged students during the COVID-19 era, as school closures have impacted their access to educational tools. The organization's efforts in underserved communities aim to bridge the digital equality gap. They have launched a Digital Equity Fund to supply students with essential resources for remote learning and have adapted their After School Tech Club program to online platforms. This remote program involves small-group supervised study sessions for grades K-8, Monday through Thursday, between 3pm and 6pm. Kids In Tech Inc collaborates with parents, schools, and youth development organizations to establish guidelines and expectations for each student, providing a structured learning environment that encourages goal achievement and healthy social interactions. The organization's mission is to ignite, educate, and inspire children to utilize technology, fostering a positive environment and nurturing a lifelong interest in technology through their after-school programming in Lowell, Massachusetts, and the Greater Merrimack Valley.
Official website here: www.kidsintech.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)
Kids In Tech Inc has received a low rating of 48% from Charity Navigator, indicating significant concerns regarding its accountability and financial health. While the organization has a fully independent board and has scored well on aspects such as financial statement audits and the absence of material asset diversion, its overall performance reflects several areas needing improvement.
The organization’s strengths lie in its governance structure, with all board members being independent and effective policies in place for conflict of interest and document retention related to board meeting minutes. However, critical shortcomings include the absence of a whistleblower policy and missing financial transparency tools, such as posting its tax form on its website. Additionally, its program expense ratio is notably low at 45.90%, which raises questions about the effectiveness of its funding allocation toward its core mission.
Overall, while Kids In Tech Inc demonstrates commitment in certain governance areas, the significant limitations in financial transparency and operational policies contribute to its poor rating. Prospective donors and stakeholders may want to seek further information and consider these factors before engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kids In Tech Inc legitimate?
Kids In Tech Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids In Tech 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: $68,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,110
For more financial information, click here
Official website here: www.kidsintech.org
What is the mission statement of Kids In Tech Inc?
Kids In Tech Inc's mission is centered around stimulating, educating, and motivating children to engage with technology. The organization aims to create a positive environment and foster a lifelong interest in technology through its after-school programming. Due to the closure of schools due to COVID-19, the organization has shifted its focus to addressing the educational needs of underserved communities virtually. They launched the Fund for Digital Equity to provide students with necessary resources for remote learning and have adapted their after-school Tech Club program to a remote learning platform. The program consists of small-group supervised study sessions for grades K-8, providing a structured environment for learning, guiding students towards goal achievement, and encouraging social interaction with peers.
Official website here: www.kidsintech.org
Who is the CEO of Kids In Tech Inc?
Olufunmike O Ibrahim Me is the Principal Officer of Kids In Tech Inc. The CEO's salary of Kids In Tech Inc is $38,965 and their total compensation is $38,965.
Official website here: www.kidsintech.org
What is the revenue of Kids In Tech Inc?
Kids In Tech Inc's revenue in 2022 was $547,062.
Official website here: www.kidsintech.org
Who are the executives of Kids In Tech Inc and what are their salaries?
There 21 volunteers at Kids In Tech Inc.
Here are 10 key members and their salaries (Kids In Tech Inc's CEO's salary is $38,965 and their total compensation is $38,965):
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- Compensation: $38,965
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Official website here: www.kidsintech.org
Where can I find the form 990 for Kids In Tech Inc?
Kids In Tech Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kidsintech.org
Learn more at the official website: www.kidsintech.org
Mission Statement of Kids In Tech Inc
Kids In Tech Inc, a nonprofit organization, is dedicated to inspiring, educating, and empowering children in the use of technology. This is accomplished through their after-school programming, which operates in Lowell, Massachusetts, and the greater Merrimack Valley. The mission of Kids In Tech Inc is to create a positive environment and foster a lifelong interest in technology among children.
In the face of the school closures due to the COVID-19 pandemic, Kids In Tech Inc has continued its work in underserved communities, transitioning its programming to a virtual platform. Recognizing the need for resources to support remote learning, Kids In Tech Inc launched the Fund for Digital Equity to provide students with the necessary tools to continue their education from home. The organization's after-school tech club program, now conducted via remote learning platforms, offers structured learning environments for students in grades K-8 between 3pm and 6pm. Parents, schools, and youth development organizations collaborate with Kids In Tech Inc to set guidelines and expectations for each student, allowing the nonprofit to guide them towards achieving their goals while promoting healthy social interactions with peers.
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Impact
July, 2024
Kids In Tech Inc's impact can be seen in the way it excites, educates, and empowers children to use technology. By providing after school programming in Lowell, Massachusetts, and the greater Merrimack Valley, this organization is addressing the inequities in underserved communities. In the face of the challenges posed by the closure of schools due to COVID-19, Kids In Tech Inc has pivoted to virtual platforms, ensuring that students have access to the resources they need to continue their education from home.
Through initiatives like the Fund for Digital Equity and the remote learning after school tech club program, Kids In Tech Inc is fostering a structured, supportive environment for children in grades K-8. By working closely with parents and partner organizations, they guide students towards goal achievement while promoting healthy social interactions. This organization's commitment to promoting a positive learning environment and instilling a lifelong interest in technology is making a tangible difference in the lives of children in Lowell and beyond.
This information is meant to be a general summary of Kids In Tech 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.
- Gross Receipts: $547,062
Assets and Liabilities:
- Total Assets: $431,021
- Total Liabilities: $12,094
- Net Assets: $418,927
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Organization Details
Founding Year
2016
Phone
(978) 821-6218Principal Officer
Olufunmike O Ibrahim Me
Main Address
17 DEAN DRIVE, LOWELL, MA, 01854
Website
www.kidsintech.orgNTEE Category
Code: B90 - Education
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