Overview
What is Eduserc Inc?
Eduserc Inc is a nonprofit organization dedicated to fostering the growth and development of young individuals. They achieve this by offering education programs that empower parents with essential knowledge about child development and college preparations. Additionally, Eduserc runs a Young Innovators Program, providing practical experiences in numerous industries, allowing children to explore their interests and talents hands-on. Their mission is to promote and enhance youth development through innovative educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (64%)
Eduserc Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting a two-star rating overall. The organization shows a strong commitment to community, as evidenced by a Culture & Community Score of 95. It also boasts a high program expense ratio of 81.42%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
However, there are notable areas of concern. The Accountability & Finance Score stands at 58, signaling potential weaknesses in financial transparency and governance practices. While the organization has a fully independent board, it lacks essential policy disclosures on its website, including conflict of interest and whistleblower policies. Additionally, the liabilities to assets ratio is concerning at 108.86%, which might indicate financial instability.
Despite these limitations, Eduserc Inc excels in collecting and utilizing feedback, scoring 100 in both categories. Their equity strategies are also strong, with a score of 93, showing a commitment to equitable practices. Overall, while Eduserc Inc demonstrates significant strengths in community engagement and program efficiency, addressing governance and financial transparency issues will be crucial for improving its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Eduserc Inc legitimate?
Eduserc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eduserc 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: $28,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,767
For more financial information, click here
What is the mission statement of Eduserc Inc?
Eduserc Inc, through its mission, focuses on the development and advancement of youth. They achieve this by offering education programs to equip parents with knowledge about child development and collegiate preparation for local schools. Additionally, Eduserc implements a young innovators program, providing students with practical, hands-on experiences in various industries. This program aims to equip the youth with real-world skills, fostering their growth and development.
Who is the CEO of Eduserc Inc?
Brian K Smith is the Executive Dir. of Eduserc Inc.
What is the revenue of Eduserc Inc?
Eduserc Inc's revenue in 2020 was $66,617.
Who are the executives of Eduserc Inc and what are their salaries?
The average compensation at Eduserc Inc during 2020 was $18,937. There are 2 employees and 10 volunteers at Eduserc Inc.
Here are 3 key members and their salaries:
- Compensation: $28,107
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eduserc Inc?
Eduserc Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Eduserc Inc
Eduserc Inc, a nonprofit organization, is committed to the development and advancement of youth. Their mission is geared towards achieving this goal through educational programs. These programs are designed to provide parents with essential training for local schools, focusing on child development and collegiate preparation. Furthermore, Eduserc Inc implements a young innovators program. This program offers young individuals hands-on experiences in various industries, fostering their practical skills and preparing them for future opportunities.
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Impact
August, 2024
Eduserc Inc positively impacts youth development by providing educational programs that empower young individuals to excel academically and professionally. Through training for parents, preparation for higher education, and hands-on experiences in various industries, Eduserc equips youth with the knowledge and skills needed to succeed in today's competitive world. Their commitment to fostering the growth and advancement of young people contributes significantly to building a brighter future for the next generation.
This information is meant to be a general summary of Eduserc 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 2020.
- Program Service Revenue: $27,814
- Gross Receipts: $66,617
Assets and Liabilities:
- Total Assets: $58,611
- Total Liabilities: $63,808
- Net Assets: -$5,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$27,814
Organization Details
Founding Year
1996
Phone
(301) 498-2899Principal Officer
Brian K Smith
Main Address
PO BOX 2536, LAUREL, MD, 20709
NTEE Category
Code: O50 - Youth development
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