nonprofit logo

Embarc Inc

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

EIN: 273453182 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Embarc Inc?

Embarc Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to the academic success of low-income high school students. Through a three-year program, Embarc offers immersive experiences in social and cultural enrichment, career development, life skills, and academic support services. The program aims to prepare these students for college and career success by fostering a systematic and long-term model that extends throughout their high school career. Embarc Inc's mission is to empower these students with the necessary skills and opportunities to thrive beyond their educational journey.


Official website here: www.embarcchicago.org

Is Embarc Inc legitimate?

Embarc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embarc 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: $194,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.embarcchicago.org

What is the mission statement of Embarc Inc?

Embarc Inc, as an organization, aims to enhance the academic success of low-income high school students. They achieve this by immersing these students in social and cultural enrichment activities, career development programs, life skills training, and academic supportive services. Embarc Inc employs a systematic and long-term model that extends throughout a student's high school career. This three-year program offers community-driven, experiential learning opportunities to inspire and prepare students for college and career success. In simpler terms, Embarc Inc is committed to empowering disadvantaged high school students by providing them with a holistic approach to learning, encompassing academic support, life skills, and career development. Their strategy is structured over a substantial period, ensuring students receive continuous guidance and preparation for their future endeavors.


Official website here: www.embarcchicago.org

Who is the CEO of Embarc Inc?

Imran Khan is the Chief Executive Officer of Embarc Inc. The CEO's salary of Embarc Inc is $165,743 and their total compensation is $172,478.


Official website here: www.embarcchicago.org

What is the revenue of Embarc Inc?

Embarc Inc's revenue in 2022 was $3,839,352.


Official website here: www.embarcchicago.org

Who are the executives of Embarc Inc and what are their salaries?

The average compensation at Embarc Inc during 2022 was $6,711. There are 29 employees and 43 volunteers at Embarc Inc.

Here are 12 key members and their salaries (Embarc Inc's CEO's salary is $165,743 and their total compensation is $172,478):

    Imran Khan (Chief Executive Officer)
  • Compensation: $165,743
  • Related: $0
  • Other: $6,735

    • Theo Coulis (Chief Financial Officer)
  • Compensation: $1,354
  • Related: $0
  • Other: $0

    • Lynn Jerath (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Allocco (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlene Coulis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tellef Lundevall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nelly Pitocco (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Sablosky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsey Mossman Shaw (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lonnie Thomas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Wirtz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.embarcchicago.org

    Where can I find the form 990 for Embarc Inc?

    The Embarc Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.embarcchicago.org

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

    Mission Statement of Embarc Inc

    Embarc Inc, a nonprofit organization, is committed to boosting the academic achievements of low-income high school students. They achieve this by immersing these students in a comprehensive and long-term program that encompasses social and cultural enrichment, career development, life skills, and academic supportive services. Embarc Inc employs a systematic approach, extending its support through the entirety of a student's high school career.

    The three-year program offered by Embarc Inc is designed to inspire and prepare students for success in college and their future careers. By providing community-driven, experiential learning opportunities, Embarc Inc aims to empower these students, equipping them with the necessary skills and knowledge to overcome challenges and thrive in their academic and professional pursuits. Through this holistic approach, Embarc Inc strives to contribute to the overall well-being and future prospects of its participants.

    Impact

    This information is meant to be a general summary of Embarc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Embarc Inc's impact is significant in Chicago, IL, where it works to increase academic success for low-income high school students. The organization achieves this by immersing students in social and cultural enrichment, career development, life skills, and academic support services. Embarc's three-year program provides community-driven, experienced-based learning opportunities to inspire and prepare students for college and career success. Through its systematic and long-term model, Embarc supports students throughout their high school careers, ultimately empowering them to achieve their academic goals and pursue future opportunities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,908
  • Program Service Revenue: $524,489
  • Gross Receipts: $3,948,174

    • Assets and Liabilities:
  • Total Assets: $4,540,107
  • Total Liabilities: $119,805
  • Net Assets: $4,420,302
  • Programs

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

    SERVICE FEES

    Revenue

    $524,489

    Organization Details

    Founding Year

    2010

    Principal Officer

    Imran Khan

    Main Address

    PO BOX 221450, CHICAGO, IL, 60622

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Embarc 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.