Amparo Ed Inc

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

EIN: 825201022 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Amparo Ed Inc?

Amparo Ed Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to enhancing educational opportunities for students in pre-kindergarten through eighth grade. Their mission involves managing, guiding, directing, and promoting charter schools that provide quality education, as well as organizations offering education-related services to students and schools implementing innovative educational methods. They develop, operate, and disseminate effective strategies, academic models, and best practices for educating students in underserved communities. Amparo Ed Inc also consults with public schools and charter schools to deliver tailored educational services, fostering community engagement. With a team of three dedicated individuals, they strive to improve education in their local area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

Amparo Ed Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in its Accountability & Finance metrics. The charity's score of 88% indicates a commendable level of transparency and financial health, particularly in its governance practices. Notably, the organization boasts a fully independent board, with 100% of its members meeting independence criteria.

The financial oversight of Amparo Ed Inc is also impressive, showcasing a well-structured audit and oversight committee, and effective policies like conflict of interest and whistleblower protections. The charity demonstrates responsible financial management, as evidenced by its low liabilities to assets ratio of 36.82%, suggesting a sound financial position. Furthermore, it allocates a significant portion of its budget, 68.06%, directly to programs, indicating a commitment to its mission.

While the organization has strengths in its governance and financial practices, there may be areas for improvement in its program expense ratio, which, while strong, leaves some room for optimization. Overall, Amparo Ed Inc’s dedication to accountability and effective management positions it favorably among donor-supported nonprofits.


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

Is Amparo Ed Inc legitimate?

Amparo Ed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amparo Ed 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: $202,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,653

For more financial information, click here

What is the mission statement of Amparo Ed Inc?

Amparo Ed Inc is dedicated to providing educational opportunities for students in pre-K through 8th grade. Their mission includes managing, guiding, and promoting charter schools that offer quality education to this age group. Additionally, they support organizations providing education-related services to students and schools implementing innovative education models. Amparo Ed Inc develops, operates, and disseminates proven strategies and academic models to educate students in underserved communities. They also offer consulting services to public and charter schools, tailoring educational services to meet local needs, demands, and community engagement.

What is the revenue of Amparo Ed Inc?

Amparo Ed Inc's revenue in 2024 was $861,768.

Who are the executives of Amparo Ed Inc and what are their salaries?

The average compensation at Amparo Ed Inc during 2024 was $98,959. There are 3 employees and 3 volunteers at Amparo Ed Inc.

Here are 5 key members and their salaries:


John Vasilj (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myrna Acosta (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Velez (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Sims (Executive Director)
  • Compensation: $114,444
  • Related: $0
  • Other: $0
Julius Mcdougal (Director Of Finance)
  • Compensation: $93,636
  • Related: $0
  • Other: $0
Where can I find the form 990 for Amparo Ed Inc?

Amparo Ed Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Amparo Ed Inc

Amparo Ed Inc is a mission-driven organization that focuses on providing educational opportunities for students in pre-K through 8th grade. Their primary goal is to manage, guide, and promote charter schools that deliver quality education to students within this age range. Additionally, they support organizations that offer education-related services to students and schools implementing innovative educational methods in underserved communities.

Amparo Ed Inc's mission extends beyond simply managing schools. They also develop, operate, and disseminate innovative and proven strategies, academic models, and best practices for educating students in underprivileged areas. This organization acts as a consultant for both public and charter schools, tailoring their educational services to meet the unique needs, educational demands, and community engagement of each locale.

To summarize, Amparo Ed Inc is committed to enhancing the educational landscape for students in pre-K through 8th grade by managing and guiding charter schools that prioritize quality education. They also contribute to the development and dissemination of innovative educational strategies, consulting with various schools to tailor their services to local needs. Overall, their mission is centered around empowering students and schools in underserved communities with the best educational practices and opportunities.

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Impact




July, 2024

Amparo Ed Inc's impact lies in providing educational opportunities for students in grades Pre-K through 8 in underserved communities. By managing, guiding, directing, and promoting charter schools that offer quality education, Amparo Ed Inc is working to improve educational outcomes for students. Additionally, by developing and disseminating innovative academic models and best practices, the organization is contributing to the advancement of education in these communities. Furthermore, their mission to consult with public schools and charter schools to deliver tailored educational services emphasizes their commitment to meeting local needs and fostering community engagement. Overall, Amparo Ed Inc is making a difference by supporting the educational growth and development of students in underserved areas.




This information is meant to be a general summary of Amparo Ed 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
$861,768 (2024)
Expenses
$767,588 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $861,768
  • Gross Receipts: $861,768

Assets and Liabilities:

  • Total Assets: $477,967
  • Total Liabilities: $175,999
  • Net Assets: $301,968

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Programs

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

MANAGEMENT FEES

Revenue

$861,768

Organization Details

Founding Year

2018

Principal Officer

John Vasilj

NTEE Category

Code: B02 - Education

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