Think Big For Kids Inc

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

EIN: 833978138 ✦ Lakeland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Think Big For Kids Inc?

Think Big For Kids Inc is a national, non-profit organization based in Lakeland, Florida, committed to breaking the cycle of poverty. They achieve this by offering career opportunities, mentorship, and job readiness training to middle and high school students, aiming to prepare them for success in the current workforce. The organization partners with various industries to provide the necessary guidance and support for students to set and achieve their post-graduate goals. Their three-pillar approach includes career exploration, mentorship, and job readiness and placement. Career exploration involves organizing events and workshops to introduce students to diverse job opportunities, while mentorship pairs students with experienced professionals in their fields of interest. The job readiness and placement pillar prepares students for their future careers through internships, workshops, scholarships, and job placement assistance. Founded by tech entrepreneur Tony DiBenedetto, Think Big For Kids aims to serve 10,000 underprivileged youth by 2025, in collaboration with partners, companies, and volunteers.


Official website here: www.thinkbigforkids.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (66%)

Think Big For Kids Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The overall score of 66% reflects several strengths, such as a high percentage of independent board members and a commendable program expense ratio of 74.81%, suggesting that the majority of its funds are directed towards its mission-related activities.

However, there are notable weaknesses in the organization's financial transparency and governance. The nonprofit scored poorly in areas such as financial statements and document retention policies, which could raise concerns about its fiscal management and accountability. Additionally, there is a lack of a whistleblower policy and transparency in posting tax forms on its website, which are critical for maintaining trust and integrity with donors and stakeholders.

While the organization shows potential with strong program expenses and a mostly independent board, it will need to address these governance issues and improve its financial transparency to enhance its rating and foster trust within the community.


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

Is Think Big For Kids Inc legitimate?

Think Big For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Think Big For Kids 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: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,579

For more financial information, click here


Official website here: www.thinkbigforkids.org/

What is the mission statement of Think Big For Kids Inc?

Think Big for Kids Inc's mission is centered around breaking the cycle of poverty by preparing underprivileged youth for success in the workforce. They achieve this through career exploration, mentorship, and job readiness training. The organization partners with various industries to provide young people with the necessary guidance and support to set and achieve their post-graduation goals. Their three-pillar approach includes career exploration, mentorship, and job readiness and placement. They engage students during the critical middle school years and continue support through high school and into young adulthood. During the program, students learn about diverse career opportunities and work with experienced mentors. As they approach graduation, Think Big for Kids offers work placements, internships, and scholarships. Their ultimate goal is to serve 10,000 kids by 2025, partnering with organizations, companies, and volunteers to provide opportunities to middle and high school students in poverty.


Official website here: www.thinkbigforkids.org/

Who is the CEO of Think Big For Kids Inc?

Amy Alley is the Founder And Chair of Think Big For Kids Inc.


Official website here: www.thinkbigforkids.org/

What is the revenue of Think Big For Kids Inc?

Think Big For Kids Inc's revenue in 2022 was $1,093,349.


Official website here: www.thinkbigforkids.org/

Who are the executives of Think Big For Kids Inc and what are their salaries?

The average compensation at Think Big For Kids Inc during 2022 was $47,654. There are 7 employees and 200 volunteers at Think Big For Kids Inc.


Here are 3 key members and their salaries:


Tony Dibenedetoo (Founder And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Grogan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Alley (Executive Director)
  • Compensation: $130,000
  • Related: $0
  • Other: $5,000


Official website here: www.thinkbigforkids.org/

Where can I find the form 990 for Think Big For Kids Inc?

Think Big For Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thinkbigforkids.org/

Learn more at the official website: www.thinkbigforkids.org/

Mission Statement of Think Big For Kids Inc

Think Big For Kids Inc, a national non-profit organization, is dedicated to breaking the cycle of poverty by preparing underprivileged youth for success in today's workforce. The mission of Think Big For Kids Inc is threefold: career exploration, mentorship, and job readiness and placement. Through career exploration, the organization provides middle school students with opportunities to learn about various job opportunities in today's workforce, organizing career showcases, skill-building workshops, field trips, and summer programs.

In the realm of mentorship, Think Big For Kids Inc pairs students with experienced mentors who align with their interests. These mentors help students understand their career options, choose the right educational path, and remain accountable, as well as plan for their post-graduation. Lastly, in terms of job readiness and placement, the organization coordinates internship and job shadowing opportunities, organizes job readiness workshops, awards scholarships, and assists with job placement to prepare high school students for their future careers.

Founded by tech entrepreneur Tony DiBenetto, Think Big For Kids Inc works with business partners and like-minded organizations to develop the untapped potential of middle and high school students in poverty. The vision of Think Big For Kids Inc is to serve 10,000 kids by 2025, partnering with organizations, companies, and volunteers to provide opportunities for these students.

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Impact




July, 2024

Think Big For Kids Inc's impact includes breaking the cycle of poverty by preparing underprivileged youth to excel in today's workforce through career exploration, mentorship, and skills development. They provide middle and high school students with career opportunities, mentorship, and job readiness training, partnering with companies from diverse industries to offer guidance and support for setting and achieving post-graduation goals. By engaging kids during critical middle school years and supporting them throughout high school and young adulthood, Think Big For Kids equips students with the tools and resources needed to pursue educational and professional goals. Their mission to serve 10,000 kids by 2025 is driven by a focus on career exploration, mentorship, and job readiness & placement, ultimately connecting graduates to jobs they are passionate about after completing their education. Through their unique "three pillars" approach, Think Big For Kids is making a tangible impact on the lives of underprivileged youth by providing opportunities for growth and success.




This information is meant to be a general summary of Think Big For Kids 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
$1,093,349 (2022)
Expenses
$518,682 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $392
  • Gross Receipts: $1,093,349

Assets and Liabilities:

  • Total Assets: $1,850,886
  • Total Liabilities: $0
  • Net Assets: $1,850,886

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Organization Details

Founding Year

2019

Principal Officer

Amy Alley

Main Address

1219 ROLLING WOODS LANE, LAKELAND, FL, 33813

NTEE Category

Code: O20 - Youth development

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