Believe In Students Inc

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

EIN: 813612875 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Believe In Students Inc?

Believe In Students Inc is a nonprofit organization situated in Philadelphia, Pennsylvania. With a dedicated team of five individuals, its primary mission is to aid college students grappling with basic needs insecurity, thereby promoting college completion. Since its inception, the organization has focused on providing emergency aid, enabling students to meet their essential living expenses and continue their education. In 2022, this was accomplished through innovative approaches, such as partnering with EdQuity (now Beam) and expanding the Fast Fund network. The Fast Fund is a network of faculty-led programs designed to deliver quick, stigma-free aid. By the end of the year, Believe In Students Inc supported over 1,500 students. Additionally, they started a Student Fellowship program to empower impacted students, allowing them to develop advocacy and leadership skills, aiming for broader systemic changes.


Official website here: www.believeinstudents.org

Is Believe In Students Inc legitimate?

Believe In Students Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believe In Students 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: $116,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,089

For more financial information, click here


Official website here: www.believeinstudents.org

What is the mission statement of Believe In Students Inc?

Believe In Students Inc's mission is centered around addressing the basic needs insecurity among college students to promote college attendance. They aim to achieve this by developing and supporting innovative, sustainable, and effective solutions that can scale to meet the widespread demands. One of their key initiatives is providing emergency aid to students, enabling them to meet basic living expenses and continue their education. In 2022, they implemented two approaches: partnering with a technology company for quick and efficient aid distribution and expanding the work of the Fast Fund, a network of faculty-led emergency aid programs across the country. During the year, they supported over 1500 students through these initiatives. Moreover, they are currently developing a student fellowship program to empower impacted students and develop their advocacy and leadership skills to bring about deeper system changes.


Official website here: www.believeinstudents.org

Who is the CEO of Believe In Students Inc?

Traci Kirtley is the Ceo of Believe In Students Inc. The CEO's salary of Believe In Students Inc is $105,936 and their total compensation is $116,383.


Official website here: www.believeinstudents.org

What is the revenue of Believe In Students Inc?

Believe In Students Inc's revenue in 2022 was $567,193.


Official website here: www.believeinstudents.org

Who are the executives of Believe In Students Inc and what are their salaries?

The average compensation at Believe In Students Inc during 2022 was $58,094. There are 5 employees at Believe In Students Inc.


Here are 7 key members and their salaries (Believe In Students Inc's CEO's salary is $105,936 and their total compensation is $116,383):


Traci Kirtley (Ceo)
  • Compensation: $105,936
  • Related: $0
  • Other: $10,447
Richard Binswanger (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sara Goldrick-Rabv (Founder/Memb)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hays (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Kiolbasa (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Owens (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Elizabeth Vaquera (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.believeinstudents.org

Where can I find the form 990 for Believe In Students Inc?

Believe In Students Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.believeinstudents.org

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

Mission Statement of Believe In Students Inc

Believe In Students Inc, a nonprofit organization, is dedicated to addressing the basic needs insecurity among college students to promote college attainment. They achieve this mission by developing and supporting innovative, sustainable, and effective solutions that can scale to meet the widespread demands. The nonprofit's primary focus has been on providing emergency aid to students, enabling them to meet their basic living expenses and continue their education. In 2022, they implemented two strategies to accomplish this: partnering with Edquity (now Beam), a technology company that has designed a platform to administer large amounts of emergency aid quickly and efficiently, and expanding the work of the Fast Fund, a network of faculty-led emergency aid programs across the country. By utilizing these approaches, Believe In Students Inc supported over 1,500 students during the year. Moreover, the nonprofit initiated a student fellowship program to empower impacted students, allowing them to develop advocacy and leadership skills to effect deeper system changes.

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Impact




October, 2024

Believe In Students Inc has a significant impact on addressing basic needs insecurity among college students, enabling them to remain enrolled and complete their degrees. By focusing on emergency aid, the organization has implemented effective strategies to deliver critical resources swiftly and without stigma. In 2022, they partnered with Edquity (now Beam) to utilize a tailored technological platform that enhances the efficiency of aid distribution.

Additionally, they expanded the Fast Fund, a network that fosters faculty-led emergency aid programs across the country, ensuring that support is both accessible and locally relevant. These initiatives allowed them to directly support over 1,500 students in meeting essential living expenses.

Furthermore, the development of a student fellowship program aims to cultivate advocacy and leadership skills among those impacted, equipping students to drive systemic changes. Through these innovative and scalable solutions, Believe In Students Inc is effectively promoting college attainment and significantly improving the educational landscape for vulnerable students.




This information is meant to be a general summary of Believe In Students 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.

Revenue
$567,193 (2022)
Expenses
$1,047,838 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,463
  • Program Service Revenue: $150,901
  • Gross Receipts: $567,193

Assets and Liabilities:

  • Total Assets: $862,473
  • Total Liabilities: $277,322
  • Net Assets: $585,151

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$150,901

Organization Details

Founding Year

2016

Principal Officer

Traci Kirtley

Main Address

1755 N 13TH STREET 295, PHILADELPHIA, PA, 19122

NTEE Category

Code: B00 - Education

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