Spirit Nys Inc

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

EIN: 861566121 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Spirit Nys Inc?

Spirit Nys Inc is a nonprofit organization that focuses on supporting students in Rochester, New York, specifically those with a high dropout rate of 60% without intervention. By providing cash stipends of $150 per month in two installments of $75 each, they incentivize enrolled students to improve their attendance, grades, and overall school involvement. Through this initiative, they have successfully retained 50 students, demonstrating their commitment to helping at-risk students persist in their education.


Official website here: www.spiritnys.org

Is Spirit Nys Inc legitimate?

Spirit Nys Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spirit Nys Inc submitted a form 990EZ, 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: $0

For more financial information, click here


Official website here: www.spiritnys.org

What is the mission statement of Spirit Nys Inc?

Spirit Nys Inc's mission is centered around supporting students in their educational journey, specifically those at risk of dropping out. The organization has identified a high dropout rate of 60% among their targeted students in Rochester, NY. To combat this issue, Spirit Nys Inc provides financial assistance in the form of monthly stipends to enrolled students. These stipends, amounting to $150, are split into two installments of $75 each. In exchange, students commit to improving their attendance, grades, and overall behavior at school, demonstrating active engagement with their teachers. By implementing this strategy, Spirit Nys Inc has managed to achieve a retention rate for the supported students.


Official website here: www.spiritnys.org

Who is the CEO of Spirit Nys Inc?

John Thompson is the CEO of Spirit Nys Inc The CEO's salary of Spirit Nys Inc is $0 and their total compensation is $0.


Official website here: www.spiritnys.org

What is the revenue of Spirit Nys Inc?

Spirit Nys Inc's revenue in 2024 was $167,365.


Official website here: www.spiritnys.org

Who are the executives of Spirit Nys Inc and what are their salaries?

Here are 9 key members and their salaries (Spirit Nys Inc's CEO's salary is $0 and their total compensation is $0):


Ted Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Mcneil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quinn O'Rourke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Breitenborn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Thompson (Director Policies)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Desanctis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thompson (Chair, Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Thompson (Assistant Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Young (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spiritnys.org

Where can I find the form 990EZ for Spirit Nys Inc?

Spirit Nys Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.spiritnys.org

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

Mission Statement of Spirit Nys Inc

Spirit Nys Inc, a nonprofit organization, is dedicated to supporting students in their educational journey, specifically those in Rochester, New York, where the dropout rate for their target group is alarmingly high at 60% without intervention. The mission of Spirit Nys Inc is to prevent these dropouts by offering assistance to enrolled students. To achieve this, the organization provides cash stipends of $150 per month, split into two installments of $75 each, as an incentive for students to improve their attendance, grades, and overall engagement with their teachers. By actively engaging with teachers, Spirit Nys Inc encourages its students to become good school citizens, thereby fostering a positive educational environment. The organization's efforts have resulted in a notable increase in retention rates among the supported students.

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Impact




October, 2024

Spirit Nys Inc significantly contributes to educational retention by addressing the critical issue of student dropouts in Rochester, NY. With a staggering 60% dropout rate among targeted students without intervention, their efforts are vital for promoting academic success. By supporting 50 students to date, they have successfully fostered a supportive environment that encourages persistence in school.

The organization provides cash stipends of $150 per month, incentivizing students to focus on their attendance, grades, and engagement with teachers. This approach not only helps sustain students' educational journeys but also cultivates a sense of responsibility and commitment to their own academic success. As a result, Spirit Nys Inc plays a crucial role in improving retention rates and empowering students to build a brighter future.




This information is meant to be a general summary of Spirit Nys 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
$167,365 (2024)
Expenses
$74,281 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $72,358
  • Gross Receipts: $167,365

Assets and Liabilities:

  • Total Assets: $275,639
  • Total Liabilities: $0
  • Net Assets: $275,639

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Organization Details

Principal Officer

Teresa Desanctis

NTEE Category

Code: Z99 - Unknown

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