Overview
What is The Boston Higher Education Resource Center Inc?
The Boston Higher Education Resource Center Inc, commonly known as Boston HERC, is a nonprofit organization situated in Boston, Massachusetts. With a team of 16 dedicated individuals, their primary mission lies in empowering first-generation youth. They aim to help these individuals secure higher education, thereby breaking the cycle of poverty and becoming catalysts of change in their communities. The Passport Program, one of their initiatives, inspires self-discovery and purpose in participants, enabling them to realize their full potential and contribute positively to their communities. The specifics of their program schedule are not provided in the information.
Official website here: www.bostonherc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Boston Higher Education Resource Center Inc has received a Three-Star rating from Charity Navigator, indicating an overall score of 77%. This score is derived entirely from its Accountability & Finance metrics, reflecting the organization's commitment to sound financial practices and transparency. The high rating demonstrates that the charity maintains a responsible financial structure, which is crucial for building trust with donors.
The organization excels in several key areas, including having a fully independent board of directors and no material diversion of assets. Additionally, it has established strong governance practices, such as having a comprehensive conflict of interest policy and a whistleblower policy in place. The program expense ratio is also commendable, showing that a significant majority of its expenses directly support its programs, which is favorable for potential donors.
While the organization shows strengths in accountability and finance, it is important for potential supporters to also consider other performance metrics not covered in this rating. Engaging with the charity's programs and outcomes would provide a more rounded understanding of its impact in the community. Overall, the Boston Higher Education Resource Center Inc demonstrates a solid foundation for accountability and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Boston Higher Education Resource Center Inc legitimate?
The Boston Higher Education Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boston Higher Education Resource Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $472,978
For more financial information, click here
Official website here: www.bostonherc.org
What is the mission statement of The Boston Higher Education Resource Center Inc?
The Boston Higher Education Resource Center Inc's mission is centered around empowering first-generation youth. Their primary objective is to help these individuals secure a higher education, thereby breaking the cycle of poverty. This non-profit organization aims to foster agents of change in their communities. The Passport Program, one of their initiatives, serves to inspire vision and purpose in participants, enabling them to recognize and actualize their potential to positively impact lives and communities.
Official website here: www.bostonherc.org
Who is the CEO of The Boston Higher Education Resource Center Inc?
Carolina De Jesus is the Interim Chair of The Boston Higher Education Resource Center Inc. The CEO's salary of The Boston Higher Education Resource Center Inc is $58,000 and their total compensation is $58,000.
Official website here: www.bostonherc.org
What is the revenue of The Boston Higher Education Resource Center Inc?
The Boston Higher Education Resource Center Inc's revenue in 2022 was $1,006,493.
Official website here: www.bostonherc.org
Who are the executives of The Boston Higher Education Resource Center Inc and what are their salaries?
The average compensation at The Boston Higher Education Resource Center Inc during 2022 was $29,561. There are 16 employees and 22 volunteers at The Boston Higher Education Resource Center Inc.
Here are 13 key members and their salaries (The Boston Higher Education Resource Center Inc's CEO's salary is $58,000 and their total compensation is $58,000):
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- Compensation: $58,000
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Official website here: www.bostonherc.org
Where can I find the form 990 for The Boston Higher Education Resource Center Inc?
The Boston Higher Education Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonherc.org
Learn more at the official website: www.bostonherc.org
Mission Statement of The Boston Higher Education Resource Center Inc
The Boston Higher Education Resource Center, as a nonprofit organization, is dedicated to empowering first-generation youth. Its mission is to provide these individuals with the tools necessary to pursue higher education, thereby breaking the cycle of poverty and becoming influential figures in their communities. The organization's flagship program, the Passport Program, plays a significant role in this mission. This program aims to inspire and guide participants, helping them realize their potential to positively impact their lives and communities. By equipping them with the necessary skills and knowledge, The Boston Higher Education Resource Center encourages its participants to become agents of change.
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Impact
July, 2024
The Boston Higher Education Resource Center Inc's impact lies in equipping first-generation youth to obtain a higher education, break the cycle of poverty, and become agents of change in their communities. Through programs like the Passport Program, the organization aims to awaken vision and purpose in the lives of its participants, empowering them to realize their potential to transform lives and communities. This mission has tangible effects on individuals and communities, creating a ripple effect of positive change.
This information is meant to be a general summary of The Boston Higher Education Resource Center 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.
- Program Service Revenue: $219,402
- Gross Receipts: $1,006,493
Assets and Liabilities:
- Total Assets: $640,530
- Total Liabilities: $37,959
- Net Assets: $602,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government contracts
Revenue
$158,002
Contract revenue
Revenue
$61,400
Organization Details
Founding Year
2018
Phone
(617) 221-6495Principal Officer
Carolina De Jesus
Main Address
62 Northampton Street, Boston, MA, 02118
Website
www.bostonherc.orgNTEE Category
Code: B80 - Education
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