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Arizou

Project Basta

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

EIN: 815268868 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Arizou?

Arizou, operating under the name Project Basta, is a nonprofit organization situated in New York, specifically at 500 7TH AVENUE, NY 10018. Their primary mission is to foster a bridge between employers and first-generation college graduates of color, aiming to enhance workforce diversity at all levels. They accomplish this objective by organizing various job search and career readiness programs. Through partnerships with employers and development programs for newly graduated individuals, Project Basta equips these recent graduates with the necessary skills to secure and excel in their first jobs, simultaneously encouraging employers to embrace inclusive talent practices. With a dedicated workforce of 38 individuals, Arizou is committed to bridging the gap between these two groups, thereby promoting diversity in the knowledge workforce.


Official website here: www.projectbasta.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Arizou has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The score is derived solely from the accountability and finance beacon, where it scored a remarkable 97%. This rating signifies that the organization adheres to high standards of financial management and transparency, ensuring that funds are utilized effectively towards its mission.

The strengths of Arizou are highlighted by its governance structure, featuring a fully independent board with ten members, alongside robust financial oversight practices. The organization has no reported material diversion of assets, and it maintains well-documented policies such as conflict of interest and whistleblower protections. Additionally, the organization demonstrates a strong program expense ratio of 83.02%, which indicates that a significant portion of its budget is allocated directly to its programs rather than administrative costs.

Despite its strengths, potential donors should consider the organization's fundraising efficiency ratio, which may suggest that while it is effective in program delivery, its fundraising methods could be improved to maximize contributions. Overall, Arizou stands out as a trustworthy nonprofit with a solid financial foundation and a commitment to effective governance.


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

Is Arizou legitimate?

Arizou is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizou 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: $198,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,221,244

For more financial information, click here


Official website here: www.projectbasta.com

What is the mission statement of Arizou?

Arizou aims to establish a bridge of opportunities between employers and first-generation college graduates of color. This is done by facilitating various job search and career readiness programs with the goal of increasing diversity in the knowledge workforce at all levels. Through partnerships with employers and development programs for graduates, Arizou equips first-generation graduates with the necessary skills to secure and excel in their first jobs. Furthermore, the organization assists employers in embracing talent practices that promote workforce diversity.


Official website here: www.projectbasta.com

Who is the CEO of Arizou?

Sheila Saremzadeh is the Chief Executive Officer of Arizou. The CEO's salary of Arizou is $134,940 and their total compensation is $160,437.


Official website here: www.projectbasta.com

What is the revenue of Arizou?

Arizou's revenue in 2022 was $3,883,491.


Official website here: www.projectbasta.com

Who are the executives of Arizou and what are their salaries?

The average compensation at Arizou during 2022 was $37,374. There are 38 employees and 9 volunteers at Arizou.


Here are 11 key members and their salaries (Arizou's CEO's salary is $134,940 and their total compensation is $160,437):


Sheila Saremzadeh (Chief Executive Officer)
  • Compensation: $134,940
  • Related: $0
  • Other: $25,497
Maggie Raible (Head Of Impact & Innovation)
  • Compensation: $119,231
  • Related: $0
  • Other: $13,207
Michelle Weise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Giannino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Degan Leopold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Meadows (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Chang (Director (Thru 5/4/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Previtera (Director (As Of 5/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Abe Taleb (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projectbasta.com

Where can I find the form 990 for Arizou?

Arizou's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectbasta.com

Learn more at the official website: www.projectbasta.com

Mission Statement of Arizou

Arizou, a nonprofit organization, is committed to establishing a connection between employers and first-generation college graduates of color. Their mission is to foster a more diverse knowledge workforce at all levels by facilitating various job search and career readiness programs. Through partnerships with employers and development programs for graduates, Arizou equips first-generation graduates with the necessary skills to secure and excel in their initial jobs. Simultaneously, the organization encourages employers to adopt practices that promote workforce diversity.

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Impact




July, 2024

Arizou's impact lies in its mission to create a bridge of opportunity between employers and first-generation college graduates of color, with the aim of increasing workforce diversity at all levels. By facilitating various job search and career readiness programs, Arizou equips these graduates to secure and succeed in their first jobs, while also supporting employers to adopt talent practices that foster diversity in the workforce. Through its partnerships with employers and tailored development programs, Arizou plays a crucial role in empowering underrepresented graduates to access opportunities and thrive in the professional world, ultimately contributing to a more diverse and inclusive workforce.




This information is meant to be a general summary of Arizou. 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
$3,883,491 (2022)
Expenses
$2,363,769 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $590,236
  • Gross Receipts: $3,883,491

Assets and Liabilities:

  • Total Assets: $3,121,469
  • Total Liabilities: $127,094
  • Net Assets: $2,994,375

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Programs

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

PROJECT REVENUE

Revenue

$590,236

Organization Details

Founding Year

2017

Principal Officer

Sheila Saremzadeh

Main Address

500 7TH AVENUE, NEW YORK, NY, 10018

NTEE Category

Code: B80 - Education

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