Achievement Trust

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

EIN: 953726393 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Achievement Trust?

Achievement Trust is a nonprofit organization situated in Los Angeles, California. Their primary mission is to offer mentorship and financial aid to African-American high school students, aiming to support their educational journeys. From June 1, 2022, to May 31, 2023, they have extended this support to 17 students. Their programs are geared towards providing scholarships and grants, thus empowering the next generation of African-American leaders.


Official website here: www.achievementtrust.org

Is Achievement Trust legitimate?

Achievement Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achievement Trust 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


Official website here: www.achievementtrust.org

What is the mission statement of Achievement Trust?

The Achievement Trust, as per its mission statement, focuses on providing support to African American high school students. This support encompasses mentorship, scholarship opportunities, and grant provision. The organization aims to empower these students through these initiatives, helping them navigate their educational journey more effectively. From June 1, 2022, to May 31, 2023, the trust successfully provided mentorship and direct financial aid to 17 African American high school students.


Official website here: www.achievementtrust.org

Who is the CEO of Achievement Trust?

Sonya Lockett is the President of Achievement Trust.


Official website here: www.achievementtrust.org

What is the revenue of Achievement Trust?

Achievement Trust's revenue in 2023 was $155,196.


Official website here: www.achievementtrust.org

Who are the executives of Achievement Trust and what are their salaries?

There 44 volunteers at Achievement Trust.


Here are 4 key members and their salaries:


Sonya Lockett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Bingham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keisha Moton (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Atley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.achievementtrust.org

Where can I find the form 990 for Achievement Trust?

Achievement Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.achievementtrust.org

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

Mission Statement of Achievement Trust

Achievement Trust is an organization dedicated to supporting African American high school students. Its primary mission is to provide them with mentorship, scholarships, and grants. This nonprofit aims to empower these students by offering them direct financial aid and guidance, fostering their academic growth and personal development. During the period from June 1st, 2022, to May 31st, 2023, Achievement Trust successfully aided 17 African-American high school students through this initiative.

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Impact




October, 2024

Achievement Trust has made a significant impact on the lives of African American high school students in Los Angeles by providing mentorship, scholarships, and grants. During the period from June 1, 2022, to May 31, 2023, it supported 17 students by offering both direct financial aid and personalized mentoring. This combination of resources not only helps alleviate the financial burdens of education but also fosters personal and academic growth, empowering students to pursue their educational goals and aspirations. By focusing on this demographic, Achievement Trust plays a crucial role in promoting equity and access in education, which can lead to long-term positive outcomes for individuals and the broader community.




This information is meant to be a general summary of Achievement Trust. 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
$155,196 (2023)
Expenses
$125,562 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $231,168

Assets and Liabilities:

  • Total Assets: $277,843
  • Total Liabilities: $5,213
  • Net Assets: $272,630

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Organization Details

Founding Year

1982

Principal Officer

Sonya Lockett

Main Address

PO Box 91231, Los Angeles, CA, 90009

NTEE Category

Code: B82 - Education

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