Overview
What is Avance Inc?
Avance Inc is a nonprofit organization situated in San Antonio, Texas, specifically at 824 Broadway Street 204. Their mission is to strengthen families in at-risk communities by offering parent education and support programs. Avance's key initiatives revolve around school readiness, with a focus on Head Start and Early Head Start. Head Start is a center-based program for low-income children aged 3-4, providing comprehensive education, health, developmental, family support, and family engagement services. Early Head Start offers home- and center-based options for infants and toddlers aged 0-3, enhancing their physical, social, emotional, and cognitive development, and promoting pre-school readiness. Avance's programs ensure school-readiness for young children while offering opportunities for parents to build social and economic capital.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
Avance Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization scored 92% overall, with its rating derived solely from its Accountability & Finance metrics. This high score reflects well on Avance Inc's governance practices and fiscal responsibility.
Strengths of Avance Inc include a fully independent board, with all eight members meeting the criteria for independence. The organization also demonstrates excellence in financial oversight, evidenced by its perfect scores in areas such as the audit and oversight committee, as well as the absence of material asset diversions. Furthermore, it has robust policies in place for conflict of interest, whistleblower protections, and document retention.
Despite its strengths, Avance Inc's liabilities to assets ratio is at 52.11%, which, while not detrimental, indicates that its liabilities are significant relative to its assets. Nonetheless, the organization displays a commendable program expense ratio of 88.01%, suggesting that a large portion of its expenditures directly supports its mission-related activities.
This AI summary has been generated from information found on Charity Navigator.
Is Avance Inc legitimate?
Avance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avance 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: $1,098,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,670,054
For more financial information, click here
What is the mission statement of Avance Inc?
Avance Inc is dedicated to strengthening families in at-risk communities through parent education and support programs. Their mission goes beyond that, as they aim to create pathways to economic mobility for predominantly Latinx families. Avance achieves this by offering high-quality, culturally responsive two-generation programming. This approach ensures school-readiness for young children and provides opportunities for parents to build social and economic capital.
Their programs, including Head Start and Early Head Start, cater to the needs of low-income children and infants, respectively. Head Start offers comprehensive services to children aged 3-4, focusing on education, health, development, family support, and family engagement. Early Head Start, for infants and toddlers aged 0-3, provides home-based and center-based service options, enhancing children's physical, social, emotional, and cognitive development, and promoting pre-school readiness. Through these initiatives, Avance promotes school readiness and measures progress and outcomes for children.
Who is the CEO of Avance Inc?
Dr Teresa Granillo is the CEO of Avance Inc The CEO's salary of Avance Inc is $0 and their total compensation is $245,329.
What is the revenue of Avance Inc?
Avance Inc's revenue in 2024 was $67,089,102.
Who are the executives of Avance Inc and what are their salaries?
There 1900 volunteers at Avance Inc.
Here are 33 key members and their salaries (Avance Inc's CEO's salary is $0 and their total compensation is $245,329):
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- Other: $8,947
Where can I find the form 990 for Avance Inc?
Avance Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Avance Inc
Avance Inc, a nonprofit organization, is dedicated to strengthening families in at-risk communities by providing parent education and support programs. This mission is geared towards creating pathways to economic mobility for predominantly Latino families, ensuring school-readiness for young children and offering opportunities for parents to build social and economic capital.
Avance Inc's comprehensive approach to family empowerment is embodied in their Head Start and Early Head Start programs. Head Start, designed for low-income children aged 3 to 4, offers center-based services that provide children with comprehensive education, health, developmental, family support, and family engagement services. This program promotes school readiness and closely monitors the progress and outcomes of children. Early Head Start, catering to low-income infants and toddlers aged 0 to 3, offers both home-based and center-based service program options. These programs aim to enhance children's physical, social, emotional, and cognitive development, as well as promote pre-school readiness. Their progress and outcomes are also closely tracked.
Avance Inc's dedication to the holistic development of families is evident in their commitment to ensuring school readiness for young children and providing opportunities for parents to build economic and social capital. By offering high-quality, culturally responsive two-generation programming, Avance Inc is making a difference in the lives of at-risk families, helping them to create a brighter future.
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Impact
October, 2024
Avance Inc significantly impacts at-risk communities by strengthening families through tailored educational programs and support services. Focused on enhancing the lives of predominantly Latino families, Avance offers a dual approach that emphasizes both child development and parental engagement, fostering economic mobility and educational readiness.
The organization’s School Readiness Programs, including Head Start and Early Head Start, provide comprehensive resources to low-income children aged 0-4, ensuring they have a strong foundation for future learning. The Head Start program delivers essential educational, health, and developmental services, all aimed at promoting school readiness and tracking progress in children's growth. Meanwhile, Early Head Start caters to younger children, enhancing their physical, social, emotional, and cognitive development through both home-based and center-based service options.
By engaging parents in the educational process, Avance not only supports children's development but also equips families with the skills and resources necessary to build social and economic capital. This two-generation approach is pivotal in breaking cycles of poverty and fostering long-term community improvement, ultimately contributing to healthier, more resilient families and a brighter future for children in San Antonio and beyond.
This information is meant to be a general summary of Avance 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 2024.
- Investment Income: $76,194
- Gross Receipts: $67,323,311
Assets and Liabilities:
- Total Assets: $11,319,048
- Total Liabilities: $3,648,542
- Net Assets: $7,670,506
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Organization Details
Founding Year
1973
Principal Officer
Elida Gonzales
NTEE Category
Code: S20Z - Community improvement
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