Overview
What is A Better Chance Inc?
A Better Chance Inc, established in 1963, is a prominent national educational equity organization based in New York City, specifically at 253 W 35TH STREET 15TH FLOOR, NY 10001. Their mission is to support academically talented youth of color, providing them with opportunities to excel and become leaders in various fields. With over 2,000 participants and 18,000 accomplished alumni, the organization has proven successful in its mission. In 2022, A Better Chance Inc facilitated 370 placements from a pool of 700 applicants, and nearly all of its graduating high school scholars enrolled in college. The organization hosted virtual and in-person school fairs, workshops, and interview days, as well as the Summer Leadership Academy, to guide students through the application, acceptance, and placement process. With a dedicated workforce of 38 employees, A Better Chance Inc continues to empower young individuals, fostering an inclusive society.
Official website here: www.abetterchance.org
Is A Better Chance Inc legitimate?
A Better Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Chance 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.
Here are some key statistics you may want to consider:
Executive Compensation: $584,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,940,612
For more financial information, click here
Official website here: www.abetterchance.org
What is the mission statement of A Better Chance Inc?
A Better Chance Inc, an educational equity organization, aims to increase the number of well-educated young individuals of color capable of assuming leadership roles in American society. Since its establishment in 1963, it has achieved this mission by nationally recruiting, placing, and providing support to a community of over 2,000 academically talented youth of color through its College Preparatory Schools Program. The organization's efforts have yielded significant results, with over 18,000 alumni becoming innovators, thinkers, and leaders in various fields. In 2022, A Better Chance successfully placed 370 students from a pool of 700, and nearly 100% of graduating high school scholars enrolled in college. The organization hosts virtual and in-person school fairs, workshops, interview days, and its signature Summer Leadership Academy to help families navigate the application, acceptance, and placement process. Out of the 700 students accepted into the program, 70% participated in the Summer Leadership Academy workshop.
Official website here: www.abetterchance.org
Who is the CEO of A Better Chance Inc?
Francisco Tezen is the Vice Chair of A Better Chance Inc. The CEO's salary of A Better Chance Inc is $309,561 and their total compensation is $395,162.
Official website here: www.abetterchance.org
What is the revenue of A Better Chance Inc?
Who are the executives of A Better Chance Inc and what are their salaries?
The average compensation at A Better Chance Inc during 2022 was $66,448. There are 38 employees and 21 volunteers at A Better Chance Inc.
Here are 25 key members and their salaries (A Better Chance Inc's CEO's salary is $309,561 and their total compensation is $395,162):
- Francisco Tezen (President & Ceo) [Trustee/Director]
- Benjamin Bingman-Tennant (Dir. Of Programs)
- Damaris Heron-Watkins (Dir. Of Finance & Admin)
- Sakinah Bibbins Garcia (Deputy Director Of Development)
- Karen Johns (Director Of External Affairs (Outgoing))
- A Louis Parker (Vice Chair) [Trustee/Director]
- Allison Lawrence (Director)
- Ekene Ezulike (Director)
- Gennell Jefferson (Director)
- Gerald Keefe (Director)
- Keith Evans (Director)
- Kurt Van Wagenen (Director)
- Michelle M Gittens (Director)
- Nicole Melwood (Director)
- Rhonda Trotter (Vice-Chair) [Trustee/Director]
- Rob Fullerton (Director)
- Roger G Arrieux Jr (Director)
- Roxane Gay (Director)
- Shea Manigo (Director)
- Sheila Marmon (Director)
- Star Mcdade (Director)
- Suzan Morno-Wade (Director)
- Tayo Famakinwa (Director)
- Theo Killion (Chair) [Trustee/Director]
- Tracey Koziol (Director)
Official website here: www.abetterchance.org
Where can I find the form 990 for A Better Chance Inc?
The A Better Chance Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.abetterchance.org
Learn more at the official website: www.abetterchance.org
Mission Statement of A Better Chance Inc
A Better Chance Inc, a national educational equity organization, has a mission to increase the number of well-educated young people of color capable of assuming leadership and responsibility roles in American society. Established in 1963, this organization has accomplished its goal by recruiting, placing, and providing support to a community of over 2,000 academically talented youth of color through its College Preparatory Schools program. The success of A Better Chance Inc is evident in its alumni, who have become innovative thinkers, leaders, and influencers in various fields. In 2022, the organization placed 370 students from a pool of 700, with nearly 100% of graduating high school scholars enrolling in college.
To achieve its mission, A Better Chance Inc hosts school fairs, workshops, interview days, and its signature Summer Leadership Academy (SLA) to help families navigate the application, acceptance, and placement process. The organization's efforts have been well-received, with 98% of its school partners participating in the school fairs and over 70% of the 700 students accepted into the program participating in an SLA workshop. Through these initiatives, A Better Chance Inc empowers young people of color to pursue higher education and develop the skills necessary to become leaders in their respective fields.
Impact
This information is meant to be a general summary of A Better Chance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
A Better Chance Inc has a significant impact on increasing the number of well-educated young people of color who are capable of assuming responsibility and leadership roles in American society. With a track record dating back to 1963, the organization has successfully recruited, placed, and supported over 2,000 academically talented youth of color through its college preparatory schools program. This commitment to nurturing young talent is evident in the over 18,000 alumni who have gone on to become innovators, thinkers, and leaders in various fields.
In 2022 alone, A Better Chance achieved 370 placements from a pool of 700 applicants, with nearly 100% of graduating high school scholars enrolling in college. The organization also conducted virtual and in-person school fairs, workshops, interview days, and a summer leadership academy to aid families in navigating the application and placement process. Notably, 70% of the students accepted into the program participated in the summer leadership academy workshops, showcasing a high level of engagement and commitment.
Overall, A Better Chance Inc plays a crucial role in providing educational equity and opportunities for young people of color, empowering them to excel academically and take on leadership roles in society.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL MEMBERSHIP DUES
Revenue
$233,900
REGISTRATION FEES
Revenue
$11,545
Organization Details
Founding Year
1971
Phone
(646) 346-1310
Principal Officer
Francisco Tezen
Main Address
253 W 35TH STREET 15TH FLOOR, NEW YORK, NY, 10001
Website
www.abetterchance.org
NTEE Category
Code: B90 - Education
If you are a representative of A Better Chance Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.