Overview
What is Come To Believe Foundation?
The Come To Believe Foundation is a nonprofit organization situated in New York, specifically at PO Box 786, NY 10150. Its primary focus is to support colleges and universities looking to adopt its two-year college model, referred to as the "CTB Model," which offers a liberal arts education to a diverse population, including individuals from low-income families and those who are the first in their family to pursue higher education. The foundation provides consultation and financial aid, shapes deans and boards' perspectives through formation and training, and conducts research and studies on the CTB Model. The organization aims to make higher education more accessible and inclusive to underrepresented students at selective universities.
Official website here: www.ctbnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Come To Believe Foundation has received a low rating of 56% from Charity Navigator, indicating concerns regarding its financial management practices. While the organization scores well in terms of governance—with 93% of board members being independent and a strong audit committee—it struggles significantly with its financial ratios. Specifically, the program expense ratio is only 37.08%, and the liabilities to assets ratio is quite high at 3.29%, which raises red flags about financial sustainability and operational efficiency.
Despite these financial challenges, user feedback highlights the transformative impact of the organization’s mission. Many reviews praise Come To Believe for its commitment to making higher education accessible to underserved populations, particularly undocumented students. Individuals have shared personal success stories that underscore the life-changing opportunities afforded through their programs, illustrating a strong alignment between the foundation's goals and the positive outcomes experienced by its beneficiaries.
Moreover, the leadership, particularly that of Father Steve Katsouros, is frequently commended by supporters for their dedication to the mission and their ability to inspire and mobilize resources. The foundation is noted for its exceptional service and commitment to fostering educational opportunities, suggesting that while financial metrics may not reflect stability, the organization’s influence and effectiveness on the ground are significant.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Come To Believe Foundation legitimate?
Come To Believe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Come To Believe Foundation 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: $68,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,821
For more financial information, click here
Official website here: www.ctbnetwork.org
What is the mission statement of Come To Believe Foundation?
The Come To Believe Foundation's mission is to equip higher education institutions with an innovative, results-oriented college model that is inclusive and accessible to underrepresented students, often from low-income families and those who are the first in their families to pursue higher education. This is achieved by providing consultation and financial support to colleges and universities interested in adopting the Come To Believe (CTB) two-year college model, which offers liberal arts education to a diverse population. The foundation also provides formation and training for the deans and boards of these institutions related to the adoption of the CTB model. Furthermore, the foundation conducts research, writes literature, and encourages public discourse on issues pertinent to the CTB model.
Official website here: www.ctbnetwork.org
Who is the CEO of Come To Believe Foundation?
Rev Stephen Katsouros Sj is the Pres & Ceo of Come To Believe Foundation. The CEO's salary of Come To Believe Foundation is $0 and their total compensation is $0.
Official website here: www.ctbnetwork.org
What is the revenue of Come To Believe Foundation?
Come To Believe Foundation's revenue in 2022 was $1,369,889.
Official website here: www.ctbnetwork.org
Who are the executives of Come To Believe Foundation and what are their salaries?
The average compensation at Come To Believe Foundation during 2022 was $125,521. There are 3 employees and 18 volunteers at Come To Believe Foundation.
Here are 19 key members and their salaries (Come To Believe Foundation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.ctbnetwork.org
Where can I find the form 990 for Come To Believe Foundation?
Come To Believe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ctbnetwork.org
Learn more at the official website: www.ctbnetwork.org
Mission Statement of Come To Believe Foundation
The Come To Believe Foundation is committed to a significant mission. It aims to equip higher education institutions with a progressive, results-oriented college model that is both inclusive and accessible to students who are often underrepresented in selective universities. This innovative approach, known as the Come To Believe (CTB) Model, focuses on providing liberal arts education to a diverse population, including individuals from low-income families and those who are the first in their families to pursue higher education.
To achieve this mission, the Come To Believe Foundation provides consultation and financial support to colleges and universities eager to adopt the CTB Model. This model offers a two-year college education, providing opportunities to a wide range of students who might otherwise be excluded from such institutions. In addition, the foundation offers formation and training for the deans and boards of these colleges and universities, guiding them through the adoption process.
Furthermore, the Come To Believe Foundation conducts research, writes literature, and publishes media on issues related to the CTB Model. They encourage public discourse on these topics, aiming to contribute to the broader conversation about inclusive higher education. By doing so, they aim to inspire change and ensure that more underrepresented students have access to quality education at selective universities.
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Impact
July, 2024
Come To Believe Foundation's impact lies in its dedication to providing higher education institutions with an innovative and inclusive college model. By offering consultation, financial support, and training for colleges and universities to adopt the Come To Believe Two-Year College Model, the foundation is ensuring that individuals from low-income families and those who are the first in their family to pursue higher education have access to a liberal arts education. Through research, publication, and public discourse, Come To Believe Foundation is actively working to address issues of underrepresentation in selective universities and promote access to education for all.
This information is meant to be a general summary of Come To Believe Foundation. 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.
- Gross Receipts: $1,369,889
Assets and Liabilities:
- Total Assets: $1,992,357
- Total Liabilities: $78,450
- Net Assets: $1,913,907
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Organization Details
Founding Year
2018
Phone
(212) 940-3832Principal Officer
Rev Stephen Katsouros Sj
Main Address
PO BOX 786, NEW YORK, NY, 10150
Website
www.ctbnetwork.orgNTEE Category
Code: B42 - Education
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