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Take Charge America Inc

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

EIN: 860593598 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Take Charge America Inc?

Take Charge America Inc is a dedicated nonprofit organization, established with a mission to enhance financial stability and independence for individuals and families. As a financial education provider, they strive to educate their clients and the wider community. Their primary objective is to empower people, enabling them to achieve self-reliance in their financial matters. Through their services, they aim to improve lives and foster financial well-being.


Official website here: www.takechargeamerica.org

What are the reviews and ratings of this charity?

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

Take Charge America Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization’s financial score reflects a high level of transparency and responsibility, with a significant program expense ratio of 89.06%, meaning most funds directly support its mission. The charity boasts a fully independent board and comprehensive policies, underscoring a commitment to governance and ethical standards.

While the rating is impressive, it is important to note that the organization is not currently evaluated for its impact and measurement. This limitation means there may be gaps in understanding the overall effectiveness of its initiatives in facilitating financial education and counseling services. Additionally, there is a need for the organization to post its tax forms on its website in adherence to transparency expectations.

User reviews from GreatNonprofits are not available at this time, so insights from the community regarding their experiences with Take Charge America Inc are not currently accessible. Overall, the organization's financial health and governance practices are commendable, yet potential donors may want to inquire further about its impact outcomes.


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

What do the Facebook reviews say about Take Charge America Inc?

84% of 101 reviewers on Facebook recommend Take Charge America Inc. Here is a summary of their reviews:

Many individuals express gratitude for the support they've received in managing their financial challenges, particularly concerning student loans. A standout mention is the professionalism and empathy displayed by counselors, with one user specifically praising a staff member for making a daunting process feel hopeful.

Overall, there seems to be a strong sense of appreciation for the assistance provided by Take Charge America, as clients feel empowered and supported in their journey towards financial wellness. The organization appears to fulfill its commitment to helping people navigate their financial struggles effectively.


This AI summary has been generated from reviews found on Facebook.

Is Take Charge America Inc legitimate?

Take Charge America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Take Charge America 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: $511,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,247,579

For more financial information, click here


Official website here: www.takechargeamerica.org

What is the mission statement of Take Charge America Inc?

Take Charge America Inc., as a nonprofit organization, focuses on providing financial education and services. Their mission is to enhance the lives of individuals and families by promoting self-reliance, financial stability, and independence. Through their educational programs, they aim to empower their clients and the general public to make informed financial decisions, ultimately leading to improved financial well-being.


Official website here: www.takechargeamerica.org

Who is the CEO of Take Charge America Inc?

David H Richardson is the Chair of Take Charge America Inc. The CEO's salary of Take Charge America Inc is $218,506 and their total compensation is $235,572.


Official website here: www.takechargeamerica.org

What is the revenue of Take Charge America Inc?

Take Charge America Inc's revenue in 2022 was $7,255,476.


Official website here: www.takechargeamerica.org

Who are the executives of Take Charge America Inc and what are their salaries?

The average compensation at Take Charge America Inc during 2022 was $49,467. There are 76 employees and 9 volunteers at Take Charge America Inc.


Here are 14 key members and their salaries (Take Charge America Inc's CEO's salary is $218,506 and their total compensation is $235,572):


Ralph Gilbertsen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Haynes (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Blunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerwin Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Celaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Richardson (President & Ceo/Treasurer)
  • Compensation: $218,506
  • Related: $0
  • Other: $17,066
Carol Lown (Chief Compliance Officer)
  • Compensation: $130,498
  • Related: $0
  • Other: $12,181
Wendy Anderson (Compliance & Quality/Secretary)
  • Compensation: $96,941
  • Related: $0
  • Other: $9,223
Richard Mcdaniel (Director, Facilities & Security)
  • Compensation: $137,248
  • Related: $0
  • Other: $0
Stuart Darnell (Manager, Software Department)
  • Compensation: $103,043
  • Related: $0
  • Other: $9,427


Official website here: www.takechargeamerica.org

Where can I find the form 990 for Take Charge America Inc?

Take Charge America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.takechargeamerica.org

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

Mission Statement of Take Charge America Inc

Take Charge America, a renowned nonprofit organization, is dedicated to providing financial education and services with the aim of enhancing the lives of individuals and families. The primary mission of Take Charge America is to equip its clients and the broader public with the necessary knowledge and tools to achieve self-reliance, financial stability, and independence. Through its educational programs and services, Take Charge America aims to empower its clients, enabling them to make informed financial decisions and take control of their financial future.

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Impact




July, 2024

Take Charge America Inc empowers individuals and families to achieve self-reliance, financial stability, and financial independence through comprehensive financial education and services. They make a significant impact by equipping their clients and the general public with the knowledge and tools needed to improve their financial well-being. Their mission-driven approach helps people build a solid foundation for a secure financial future, ultimately enhancing the quality of life for countless individuals and families.




This information is meant to be a general summary of Take Charge America 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
$7,255,476 (2022)
Expenses
$7,631,667 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $301,297
  • Program Service Revenue: $3,520,858
  • Gross Receipts: $9,307,899

Assets and Liabilities:

  • Total Assets: $22,881,953
  • Total Liabilities: $1,857,676
  • Net Assets: $21,024,277

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CREDIT COUNSELING

Revenue

$3,455,234

HOUSING COUNSELING

Revenue

$38,972

STUDENT LOAN COUNSELING

Revenue

$24,507

BANKRUPTCY COUNSELING

Revenue

$2,145

Organization Details

Founding Year

1987

Principal Officer

David H Richardson

Main Address

20620 N 19TH AVE, PHOENIX, AZ, 850273650

NTEE Category

Code: P51 - Human services

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