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Brazo De Oro Children's Foundation

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

EIN: 943456074 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Brazo De Oro Children's Foundation?

Brazo De Oro Children's Foundation is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to support the health, welfare, and educational interests of the Mariana Bracetti Academy Charter School. This school is a Pennsylvania-based nonprofit corporation, exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The foundation owns and leases property to this school, helping to contribute to its overall success. In doing so, the foundation plays a vital role in supporting the educational needs of the community, promoting learning and well-being for the students it serves.

Is Brazo De Oro Children's Foundation legitimate?

Brazo De Oro Children's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brazo De Oro Children's Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Brazo De Oro Children's Foundation?

The Brazo De Oro Children's Foundation's mission is centered around supporting the health, welfare, and educational interests of the Mariana Bracetti Academy Charter School. This school, which is exempt from federal income tax under Section 501C3 of the Internal Revenue Code, is the primary focus of the foundation's efforts. By providing support to this school, the foundation aims to contribute positively to its overall well-being. The organization also owns and leases property to the Mariana Bracetti Academy Charter School, further solidifying its commitment to the institution.

Who is the CEO of Brazo De Oro Children's Foundation?

Arlene Holtz is the Secretary of Brazo De Oro Children's Foundation.

What is the revenue of Brazo De Oro Children's Foundation?

Brazo De Oro Children's Foundation's revenue in 2022 was $3,041,229.

Who are the executives of Brazo De Oro Children's Foundation and what are their salaries?


Here are 3 key members and their salaries:


Arlene Holtz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Roman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Hirsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brazo De Oro Children's Foundation?

Brazo De Oro Children's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brazo De Oro Children's Foundation

Brazo de Oro Children's Foundation is dedicated to supporting the health, welfare, and educational interests of Mariana Bracetti Academy Charter School, a nonprofit organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The foundation's mission is to contribute to the well-being of this educational institution by owning and leasing property to it. This support aims to foster an environment that promotes the academic growth and overall development of the school's students.

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Impact




October, 2024

The Brazo De Oro Children's Foundation significantly enhances the health, welfare, and educational opportunities for students at Mariana Bracetti Academy Charter School in Philadelphia. By providing vital support, the foundation plays a crucial role in fostering a positive learning environment that prioritizes the holistic development of its students.

Through the ownership and leasing of properties to the school, the foundation ensures that the educational facilities are conducive to learning and growth. This support not only addresses immediate needs but also contributes to the long-term success of the school community. The impact of the foundation is evident in the improved resources available for both students and educators, which ultimately leads to better educational outcomes and a stronger, more engaged community.




This information is meant to be a general summary of Brazo De Oro Children's Foundation. 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
$3,041,229 (2022)
Expenses
$3,582,012 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,260
  • Program Service Revenue: $3,037,969
  • Gross Receipts: $3,041,229

Assets and Liabilities:

  • Total Assets: $42,842,385
  • Total Liabilities: $44,998,008
  • Net Assets: -$2,155,623

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Programs

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

RENTAL INCOME

Revenue

$3,037,969

Organization Details

Founding Year

2008

Principal Officer

Arlene Holtz

Main Address

1840 TORRESDALE AVE, PHILADELPHIA, PA, 19124

NTEE Category

Code: B11 - Education

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