Overview
What is Believe In Big Change Inc?
Believe In Big Change Inc is a nonprofit organization situated in Westlake Village, California. Their primary mission is to uplift single, at-risk mothers who have faced challenges such as addiction and mental health issues. They offer a comprehensive six-month residential program, encompassing healing and life skills education. This program aims to equip these mothers with the necessary tools for self-improvement and eventual independence, enabling them to break free from the cycle of poverty permanently. The nonprofit also provides temporary transitional housing facilities, further supporting their cause. With a dedicated team of 12 employees, Believe In Big Change Inc is committed to empowering and transforming the lives of vulnerable women and their children.
Official website here: www.believeinbigchange.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating
Believe In Big Change Inc has achieved an overall score of 86%, reflecting a strong performance in accountability and finance. The charity's rating is derived from a single beacon score, demonstrating its focus on maintaining transparency and responsible financial practices. The organization’s fiscal year for evaluation is FY2023, underscoring its recent operational effectiveness.
One of the key strengths highlighted is the composition of its board, which consists entirely of independent members, earning full marks for governance. The charity has also demonstrated solid financial health, with a program expense ratio of 97.27%, indicating that a significant majority of its funds are directed towards its programs and services, rather than administrative costs. Additionally, the organization has maintained a clean record regarding material diversion of assets, which enhances its credibility.
However, there are areas where improvements could be made. Notably, the absence of a whistleblower policy and a document retention and destruction policy has been flagged, which may raise concerns about internal governance protocols. While these limitations are noted, the overall score suggests that Believe In Big Change Inc is committed to accountability and effective financial management, positioning it favorably among its peers.
This AI summary has been generated from information found on Charity Navigator.
Is Believe In Big Change Inc legitimate?
Believe In Big Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believe In Big Change 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,130
For more financial information, click here
Official website here: www.believeinbigchange.com
What is the mission statement of Believe In Big Change Inc?
Believe In Big Change Inc is committed to offering guidance and support to at-risk women and mothers battling addiction and mental health issues, along with their children. This is achieved through a six-month residential healing and life skills program. The organization's goal is to help these mothers overcome their challenges and break free from the cycle of poverty permanently. They provide a transitional housing facility and educate the mothers on leadership and business skills, empowering them to build a better future for themselves and their families. The program aims to equip these women with the necessary life, family, and business skills to thrive in their new lives.
Official website here: www.believeinbigchange.com
Who is the CEO of Believe In Big Change Inc?
Steve Pomeroy is the Secretary of Believe In Big Change Inc.
Official website here: www.believeinbigchange.com
What is the revenue of Believe In Big Change Inc?
Believe In Big Change Inc's revenue in 2022 was $520,753.
Official website here: www.believeinbigchange.com
Who are the executives of Believe In Big Change Inc and what are their salaries?
The average compensation at Believe In Big Change Inc during 2022 was $18,261. There are 12 employees and 2 volunteers at Believe In Big Change Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.believeinbigchange.com
Where can I find the form 990 for Believe In Big Change Inc?
Believe In Big Change Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.believeinbigchange.com
Learn more at the official website: www.believeinbigchange.com
Mission Statement of Believe In Big Change Inc
Believe In Big Change Inc is an organization dedicated to offering guidance and support to at-risk women and mothers struggling with addiction and mental health issues. Through a comprehensive six-month residential healing and life skills program, this nonprofit aims to empower these women and their children to overcome their challenges. By providing temporary transitional housing and teaching essential life, family, and business skills, Believe In Big Change Inc aims to help these mothers break free from the cycle of poverty permanently. This program equips them with the necessary tools to build a stable and fulfilling future for themselves and their families.
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Impact
July, 2024
Believe In Big Change Inc's impact lies in providing guidance and support to at-risk women and mothers with children who have faced challenges with addiction and mental health issues. Through a six-month residential healing and life skills program, the organization offers a temporary transitional housing facility along with education on leadership and business skills for single, at-risk mothers. By equipping these women with a place to live and essential life, family, and business skills, Believe In Big Change Inc enables them to break the cycle of poverty permanently. This impactful work is centered in Westlake Village, CA, and falls under the "Human services" category.
This information is meant to be a general summary of Believe In Big Change 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,226
- Program Service Revenue: $2,800
- Gross Receipts: $566,733
Assets and Liabilities:
- Total Assets: $48,514
- Total Liabilities: $4,311
- Net Assets: $44,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Fees
Revenue
$2,800
Organization Details
Founding Year
2020
Phone
(859) 609-3095Principal Officer
Steve Pomeroy
Main Address
1150 S Westlake Blvd UN B, Westlake Village, CA, 91361
Website
www.believeinbigchange.comNTEE Category
Code: P20 - Human services
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