Overview
What is Brave Space Alliance?
Brave Space Alliance, situated in Chicago, Illinois, is a pioneering nonprofit organization that prioritizes the well-being of the LGBTQ+ community on the city's South and West sides. With a dedication to empowerment and liberation, this Black and trans-led organization offers a multitude of affirming resources, programming, and services. Their initiatives encompass health fairs, sponsorships, and participation in such events, as well as a free barbershop and salon. Additionally, they provide a "Dignity Suite" offering personal care items and clothing, and host a range of events tailored to the needs of their community. Brave Space Alliance's mission is to foster mutual aid, knowledge-sharing, and community-sourced resources to strengthen and uplift their members. The organization employs a team of 25 individuals.
Official website here: www.bravespacealliance.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Star rating)
Brave Space Alliance has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and overall operational effectiveness. While the organization excels in areas such as board independence and transparency in policies, it scores poorly on its liabilities to assets ratio and program expense ratio, which raises questions about its financial health and the efficiency of its resource allocation.
The organization benefits from a fully independent board, demonstrating strong governance practices, and has successfully implemented essential policies for conflict of interest and whistleblower protection. However, the absence of its tax form on its website and a concerningly high liabilities to assets ratio suggest potential financial instability that could hinder its ability to sustain its programs in the long term.
Despite these challenges, Brave Space Alliance continues to strive for its mission. Stakeholders may want to closely monitor its financial practices and program spending to ensure their contributions are making a meaningful impact. Addressing these financial concerns could help improve its rating in the future and enhance its overall effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Brave Space Alliance?
100% of 7 reviewers on Facebook recommend this charity. Here is a summary of their reviews: Brave Space Alliance is highly regarded for their commitment to supporting black trans women in the community. Many reviewers highlight the essential services and advocacy they provide, showcasing the positive impact the organization has on the lives of its beneficiaries.
The general consensus reflects a deep appreciation for the work being done by Brave Space Alliance. Reviewers express gratitude for the organization's efforts to uplift marginalized voices and create safe spaces. This strong endorsement indicates that Brave Space Alliance effectively meets the needs of its community members and fulfills its mission with kindness and dedication.
This AI summary has been generated from reviews found on Facebook.
Is Brave Space Alliance legitimate?
Brave Space Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brave Space Alliance 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: $201,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,534
For more financial information, click here
Official website here: www.bravespacealliance.org
What is the mission statement of Brave Space Alliance?
The Brave Space Alliance, being the first Black-led and trans-led LGBTQ+ center, aims to create and offer affirming, culturally competent resources, programming, and services for LGBTQ+ individuals residing on the south and west sides of a city. Their mission is to empower, embolden, and educate each other through mutual aid, knowledge-sharing, and the creation of community-sourced resources as they work towards the liberation of all oppressed peoples.
Official website here: www.bravespacealliance.org
Who is the CEO of Brave Space Alliance?
Channyn Parker is the President of Brave Space Alliance. The CEO's salary of Brave Space Alliance is $71,318 and their total compensation is $71,318.
Official website here: www.bravespacealliance.org
What is the revenue of Brave Space Alliance?
Brave Space Alliance's revenue in 2022 was $2,325,203.
Official website here: www.bravespacealliance.org
Who are the executives of Brave Space Alliance and what are their salaries?
The average compensation at Brave Space Alliance during 2022 was $31,939. There are 25 employees and 75 volunteers at Brave Space Alliance.
Here are 10 key members and their salaries (Brave Space Alliance's CEO's salary is $71,318 and their total compensation is $71,318):
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- Compensation: $60,746
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- Compensation: $69,878
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- Compensation: $71,318
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Official website here: www.bravespacealliance.org
Where can I find the form 990 for Brave Space Alliance?
Brave Space Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bravespacealliance.org
Learn more at the official website: www.bravespacealliance.org
Mission Statement of Brave Space Alliance
Brave Space Alliance, a pioneering organization, is the first Black-led and Trans-led LGBTQ+ center situated in Chicago. Its mission is centered around creating and offering affirming, culturally competent resources, programming, and services for LGBTQ+ individuals residing on the South and West sides of the city. The organization strives to empower, embolden, and educate its community members through mutual aid, knowledge-sharing, and the development of community-sourced resources. Brave Space Alliance is dedicated to working towards the liberation of all oppressed peoples.
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Impact
July, 2024
Brave Space Alliance's impact is significant as it serves as the first Black-led, trans-led LGBTQ+ center in Chicago, specifically focusing on the South and West sides of the city. Through its affirming and culturally competent resources and programming, Brave Space Alliance empowers and educates LGBTQ+ individuals in the community. They provide services such as health and wellness programming, free barbershop and salon services, and the "Dignity Suite" offering personal care and clothing items tailored to the community's needs. Their efforts towards mutual aid, knowledge-sharing, and community-building contribute to the liberation of oppressed peoples in the area.
This information is meant to be a general summary of Brave Space Alliance. 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.
- Investment Income: $973
- Program Service Revenue: $17,489
- Gross Receipts: $2,325,203
Assets and Liabilities:
- Total Assets: $4,201,794
- Total Liabilities: $105,898
- Net Assets: $4,095,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PANEL AND TRAINING FEE
Revenue
$17,489
Organization Details
Founding Year
2020
Phone
(872) 333-5199Principal Officer
Channyn Parker
Main Address
1515 E 52ND PLACE THIRD FLOOR, CHICAGO, IL, 60615
Website
www.bravespacealliance.orgNTEE Category
Code: P88 - Human services
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