Take Stock In Children Of Broward County Inc

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

EIN: 844009513 ✦ Miramar, FL ✦ Designated as a 501(c)(3)

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Overview

What is Take Stock In Children Of Broward County Inc?

Take Stock In Children of Broward County Inc is a nonprofit organization situated in Miramar, Florida. Their mission is to uplift the self-worth and academic success of deserving students from low-income families by offering resources such as mentors, scholarships, long-term support, student advocacy, and a guaranteed educational opportunity. In the 2022-2023 academic year, they served 195 middle and high school students in Broward County's public school system, as well as 117 college freshmen and sophomores. The organization's support resulted in impressive achievements, including a 100% high school graduation rate for their 2023 class, compared to 67% of their low-income peers. Furthermore, 98% of these students were accepted and enrolled in college, surpassing their low-income peers' 53% college attendance rate. The nonprofit also provides mentorship sessions, college and career coaching, and maintains a high average GPA among its students. With a strong focus on breaking the cycle of poverty, Take Stock In Children of Broward County Inc offers hope and opportunities for low-income students to pursue post-secondary education.


Official website here: www.takestockbrowardfl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Take Stock In Children Of Broward County Inc has received a high rating of 96% from Charity Navigator, indicating strong overall performance and accountability. The organization excels in various areas, particularly in Accountability & Finance where it scored 96%. The charity demonstrates effective governance with 100% independent board members and a solid commitment to financial oversight.

The organization's strengths include a very high Culture & Community score of 91% and an exceptional Leadership & Adaptability score of 100%. It effectively engages with constituents, as evidenced by perfect scores in feedback collection and usage, showcasing its commitment to community involvement and responsiveness. Additionally, the program expense ratio of approximately 73.89% highlights a significant portion of its funds dedicated to programs rather than administrative costs.

While the overall scores are impressive, there is room for improvement in the Leadership & Adaptability category, which contributes only 10% to the overall score. This suggests that while the charity is well-structured and operates effectively day-to-day, it may face challenges in adapting to changes or shifts in the fundraising landscape, which could be an area to develop further in the future.


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

Is Take Stock In Children Of Broward County Inc legitimate?

Take Stock In Children Of Broward County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Take Stock In Children Of Broward County 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,910

For more financial information, click here


Official website here: www.takestockbrowardfl.org

What is the mission statement of Take Stock In Children Of Broward County Inc?

Take Stock In Children of Broward County aims to break the cycle of poverty for academically qualified, low-income students by providing opportunities for post-secondary education. They achieve this by promoting personal worth, self-responsibility, and academic success among deserving children from low-income families. The organization offers a unique set of resources, including mentors, scholarships, long-term support, student advocacy, and a guaranteed educational opportunity.

In the 2022-2023 academic year, Take Stock In Children of Broward County served 195 middle and high school students and 117 college freshmen and sophomores. The class of 2023, consisting of 49 students, received approximately $358,000 in scholarships from the organization. The students' achievements were impressive, with 100% graduating from high school and 98% being accepted and enrolled in college. Additionally, they earned a cumulative 291 college credits while still in high school and 16% secured a Florida Bright Futures Scholarship.

The organization's students participated in more than 2,736 mentor sessions with 145 volunteers and attended all their grade-level college and career readiness workshops. They maintained an average 3.16 non-weighted GPA and had a high college retention rate of 89% and a completion rate of 67%.


Official website here: www.takestockbrowardfl.org

Who is the CEO of Take Stock In Children Of Broward County Inc?

Amanda Frey is the Chair of Take Stock In Children Of Broward County Inc.


Official website here: www.takestockbrowardfl.org

What is the revenue of Take Stock In Children Of Broward County Inc?

Take Stock In Children Of Broward County Inc's revenue in 2023 was $683,741.


Official website here: www.takestockbrowardfl.org

Who are the executives of Take Stock In Children Of Broward County Inc and what are their salaries?

The average compensation at Take Stock In Children Of Broward County Inc during 2023 was $35,273. There are 7 employees and 145 volunteers at Take Stock In Children Of Broward County Inc.


Here are 18 key members and their salaries:


Merick Lewin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yesenia Realejo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Abramson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Benkendorf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Bruno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lynch Pa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lewin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Lue-Yat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Orvieto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ratzan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nirvana Rampersad Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Sarfati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Sortal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Stubbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose A Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Frey (Executive Di)
  • Compensation: $80,000
  • Related: $0
  • Other: $6,135


Official website here: www.takestockbrowardfl.org

Where can I find the form 990 for Take Stock In Children Of Broward County Inc?

Take Stock In Children Of Broward County Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.takestockbrowardfl.org

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

Mission Statement of Take Stock In Children Of Broward County Inc

Take Stock In Children of Broward County is an organization committed to breaking the cycle of poverty for academically qualified, low-income students. Their mission is to provide opportunities for post-secondary education to these deserving children from low-income families. They achieve this by offering a unique set of resources, including mentors, scholarships, long-term support, student advocacy, and a guaranteed educational opportunity.

By promoting personal worth, self-responsibility, and academic success, Take Stock In Children of Broward County seeks to empower these students. They serve a significant number of middle and high school students within the Broward County Public School System, as well as college freshmen and sophomores. The organization's successes in the 2022-2023 academic year are noteworthy. For instance, 100% of their class of 2023 graduated from high school, compared to 67% of their low-income peers, and 98% were accepted and enrolled in college, surpassing the 53% enrollment rate of their low-income peers.

The organization's mentoring program is a cornerstone of its success. In the 2022-2023 academic year, students participated in over 2,736 mentor sessions, mentored by 145 volunteers. Additionally, all students attended at least four college and career success coaching sessions, maintaining an average 3.16 non-weighted GPA and attending all their grade-level college and career readiness workshops. The organization's retention and completion rates significantly outperform the state average for students living in poverty.

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Impact




July, 2024

Take Stock In Children Of Broward County Inc's impact can be seen in the transformation of low-income students' lives through personalized mentorship, scholarships, and unwavering support. In the 2022-2023 academic year, the organization served 195 middle and high school students and supported 117 college freshmen and sophomores. Notably, for the Class of 2023, with approximately $358,000 in scholarships, all students graduated high school (compared to 67% of their low-income peers) and 98% successfully enrolled in college (compared to only 53% of their low-income peers).

Furthermore, seniors earned a cumulative 291 college credits while still in high school, demonstrating their dedication to academic excellence. The organization's emphasis on mentorship is evident as students participated in over 2,736 mentor sessions facilitated by 145 volunteers. This support system contributed to students maintaining an average GPA of 3.16 and engaging in essential college and career readiness workshops.

The impact extends beyond graduation, with Take Stock In Children Of Broward County Inc boasting an average college retention rate of 89% and a completion rate of 67% (significantly higher than the state average of 27% for students living in poverty). By breaking the cycle of poverty for academically qualified low-income students, the organization is fulfilling its mission of providing opportunities for a post-secondary education and promoting personal worth, self-responsibility, and academic success.




This information is meant to be a general summary of Take Stock In Children Of Broward County 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
$683,741 (2023)
Expenses
$320,120 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $698,871

Assets and Liabilities:

  • Total Assets: $1,381,375
  • Total Liabilities: $1,063
  • Net Assets: $1,380,312

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Organization Details

Founding Year

2019

Principal Officer

Amanda Frey

Main Address

1930 SW 145TH AVENUE ROOM 224, MIRAMAR, FL, 33027

NTEE Category

Code: B40 - Education

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