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Change Summer Inc

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

EIN: 830670185 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Change Summer Inc?

Change Summer Inc, a nonprofit organization situated in New York, New York, works tirelessly to empower students from underprivileged communities. Through summer experiences, they nurture essential skills such as independence, curiosity, confidence, and responsibility, all crucial for a prosperous future. With a dedicated workforce of 355 individuals, Change Summer Inc provides a nurturing environment that fosters personal growth and development, equipping these students with the tools they need to succeed. Their mission is deeply rooted in the belief that every child deserves the opportunity to thrive, regardless of their background.


Official website here: www.changesummer.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Change Summer Inc has received a commendable Four-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. The organization achieved a high score of 92%, demonstrating effective management of its resources and adherence to best practices in governance. The rating is based entirely on the accountability and finance beacon, indicating a robust financial health and commitment to transparency.

One of the notable strengths of Change Summer Inc is its independent board composition, with 80% of its members being independent. This structure, along with a solid audit and oversight committee, contributes to the organization’s high marks in financial oversight. The absence of any material diversion of assets further reinforces its credibility, and the presence of comprehensive policies, such as conflict of interest and whistleblower protections, highlights a commitment to ethical operations.

However, while the financial ratios indicate strong efficiency and program expense management, it’s essential for potential donors and stakeholders to consider the broader impact of the organization’s programs beyond the numbers. Overall, Change Summer Inc stands out as a financially sound nonprofit, dedicated to accountability and transparency in its operations.


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

Is Change Summer Inc legitimate?

Change Summer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Change Summer 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: $290,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,516,932

For more financial information, click here


Official website here: www.changesummer.org

What is the mission statement of Change Summer Inc?

Change Summer Inc's mission is centered around providing a transformative summer experience for students hailing from underprivileged communities. This program aims to foster crucial skills such as independence, curiosity, confidence, and responsibility, which are essential for a prosperous future. By offering this experience, Change Summer Inc aims to contribute to the overall development of these students, equipping them with the tools needed to navigate their lives successfully.


Official website here: www.changesummer.org

Who is the CEO of Change Summer Inc?

Joshua Phillips is the Ceo of Change Summer Inc. The CEO's salary of Change Summer Inc is $290,000 and their total compensation is $332,000.


Official website here: www.changesummer.org

What is the revenue of Change Summer Inc?

Change Summer Inc's revenue in 2022 was $6,932,760.


Official website here: www.changesummer.org

Who are the executives of Change Summer Inc and what are their salaries?

The average compensation at Change Summer Inc during 2022 was $5,090. There are 355 employees at Change Summer Inc.


Here are 5 key members and their salaries (Change Summer Inc's CEO's salary is $290,000 and their total compensation is $332,000):


Joshua Phillips (Ceo)
  • Compensation: $290,000
  • Related: $0
  • Other: $42,000
Fatimah Barker (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Borek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Rudall (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.changesummer.org

Where can I find the form 990 for Change Summer Inc?

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


Official website here: www.changesummer.org

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

Mission Statement of Change Summer Inc

Change Summer Inc, a nonprofit organization, is dedicated to providing underprivileged students with an enriching summer experience. The primary objective of Change Summer Inc is to foster critical skills such as independence, curiosity, confidence, and responsibility in these students, all of which are essential for a successful future. By offering this summer program, the organization aims to equip these students with the necessary tools to navigate through their lives with confidence and resilience. The ultimate goal is to empower these young individuals, enabling them to make a positive impact in their communities and beyond.

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Impact




July, 2024

Change Summer Inc's impact is evident in the positive transformation it brings to students from under-resourced communities. By providing these students with a summer experience that fosters independence, curiosity, confidence, and responsibility, Change Summer Inc equips them with critical skills for a successful future. Through their youth development programs, Change Summer Inc effectively contributes to shaping the next generation of confident and empowered individuals who are better prepared to navigate and succeed in the world around them.




This information is meant to be a general summary of Change Summer 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
$6,932,760 (2022)
Expenses
$5,143,603 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $6,932,760

Assets and Liabilities:

  • Total Assets: $3,418,945
  • Total Liabilities: $975,355
  • Net Assets: $2,443,590

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Organization Details

Founding Year

2018

Principal Officer

Joshua Phillips

Main Address

119 W 72ND STREET SUITE 187, NEW YORK, NY, 10023

NTEE Category

Code: O50 - Youth development

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