Overview
What is Colorstack Inc?
Colorstack Inc is a nonprofit organization, home to over 1100 members from over 300 different educational institutions. Based in Baldwin, New York, this community is connected through Slack and regularly gathers for events called 'Fam Fridays' and an annual career summit titled 'Stacked Up Summit'. The primary mission of Colorstack Inc is to bolster the retention and success of Black and Latinx college students pursuing Computer Science degrees. They achieve this by fostering a robust cross-campus community, providing academic support, and facilitating career development opportunities. Colorstack Inc's initiatives aim to enhance their members' sense of belonging, boost academic performance, improve coding skills, and ultimately, improve their career prospects.
Official website here: www.colorstack.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Colorstack Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional accountability and financial health. This rating is based on a thorough assessment of the organization's financial practices, where it scored perfectly across various metrics, showcasing strong fiscal management and transparency.
The organization boasts a fully independent board of directors, with all members meeting the criteria for independence and a comprehensive audit and oversight committee. Additionally, Colorstack Inc has no reported issues with asset diversion, and it maintains strong policies around conflict of interest and whistleblower protections, further solidifying its reputation for ethical governance.
While Colorstack Inc demonstrates robust program expense ratios and fundraising efficiency, the organization maintains a healthy balance between liabilities and assets. With 74.06% of expenses dedicated to programs, Colorstack is effectively utilizing resources to fulfill its mission. Overall, the organization exhibits strong practices in financial accountability, contributing to its high rating.
This AI summary has been generated from information found on Charity Navigator.
Is Colorstack Inc legitimate?
Colorstack Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorstack 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: $87,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,966
For more financial information, click here
Official website here: www.colorstack.org
What is the mission statement of Colorstack Inc?
ColorStack Inc's mission is centered around supporting Black and Latinx college students pursuing computer science degrees. The organization aims to foster a robust, cross-campus community that provides opportunities for community building, academic assistance, and career development. ColorStack is committed to enhancing the retention and success of these students by offering programs that boost their sense of belonging, academic performance, coding skills, and future career prospects. The organization's initiatives are designed to create an inclusive environment where students can thrive in their studies and beyond.
Official website here: www.colorstack.org
Who is the CEO of Colorstack Inc?
Jehron Petty is the Secretary of Colorstack Inc. The CEO's salary of Colorstack Inc is $29,469 and their total compensation is $33,369.
Official website here: www.colorstack.org
What is the revenue of Colorstack Inc?
Colorstack Inc's revenue in 2022 was $1,348,576.
Official website here: www.colorstack.org
Who are the executives of Colorstack Inc and what are their salaries?
The average compensation at Colorstack Inc during 2022 was $64,529. There are 6 employees and 89 volunteers at Colorstack Inc.
Here are 6 key members and their salaries (Colorstack Inc's CEO's salary is $29,469 and their total compensation is $33,369):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $29,469
- Related: $0
- Other: $3,900
Official website here: www.colorstack.org
Where can I find the form 990 for Colorstack Inc?
Colorstack Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colorstack.org
Learn more at the official website: www.colorstack.org
Mission Statement of Colorstack Inc
Colorstack Inc, a nonprofit organization, is dedicated to enhancing the retention and success rates of Black and Latino college students majoring in Computer Science. The organization's mission is multifaceted, aiming to foster a robust, cross-campus community that provides students with opportunities for community building, academic support, and career development. Colorstack Inc strives to achieve this mission by offering programs that boost students' sense of belonging, enhance their academic performance, improve their coding skillset, and enhance their career prospects. The organization's commitment to diversity and inclusion in the tech industry is evident in its mission to uplift underrepresented students, thereby contributing to a more equitable and inclusive field.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Colorstack Inc's impact is focused on increasing the retention and success of Black and Latinx college computer science students. By cultivating a strong cross-campus community through initiatives like the Colorstack Family, which consists of over 1100 members from more than 300 schools, Colorstack provides academic support, career development opportunities, and community building activities. Their programs aim to enhance students' sense of belonging, academic performance, coding skills, and career outcomes. Through events like Fam Fridays and the yearly Stacked Up Summit, Colorstack is making a significant contribution towards improving the educational and career prospects of underrepresented minorities in the field of computer science.
This information is meant to be a general summary of Colorstack 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.
- Program Service Revenue: $5,906
- Gross Receipts: $1,348,576
Assets and Liabilities:
- Total Assets: $1,564,979
- Total Liabilities: $341,912
- Net Assets: $1,223,067
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$5,906
Organization Details
Founding Year
2020
Phone
(516) 941-8721Principal Officer
Jehron Petty
Main Address
3503 HOWARD BLVD, BALDWIN, NY, 11510
Website
www.colorstack.orgNTEE Category
Code: S99 - Community improvement
If you are a representative of Colorstack Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.