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Nyc Kids Rise Inc

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

EIN: 814526739 ✦ Long island city, NY ✦ Designated as a 501(c)(3)

Overview

What is Nyc Kids Rise Inc?

New York City Kids Rise Inc is a nonprofit organization dedicated to expanding economic opportunities and equity by facilitating collaborative efforts between families, schools, and communities to save for their children's education. By nurturing families' dreams and expectations for their children's futures, NYC Kids Rise aims to make college attendance and graduation accessible for all New York City public school students, regardless of their socioeconomic backgrounds. In partnership with the NYC Department of Education and the City of New York, they oversee the Save for College Program. During fiscal year 2022, they enrolled over 77,200 active participants, including 65,938 new students, in the program. NYC Kids Rise deposited more than $7.1 million into the students' NYC Scholarship Accounts, raised over $2.1 million in community scholarships, and provided training for school staff to help students activate and view their accounts. They also organized family-facing workshops, trained financial empowerment center counselors, and advocated for system changes to increase access to college savings products for diverse, low-income families.


Official website here: www.nyckidsrise.org

Is Nyc Kids Rise Inc legitimate?

Nyc Kids Rise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyc Kids Rise 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: $475,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,540,118

For more financial information, click here


Official website here: www.nyckidsrise.org

What is the mission statement of Nyc Kids Rise Inc?

Nyc Kids Rise Inc is a non-profit organization dedicated to expanding economic opportunity and equity by enabling families, schools, and communities to work together towards saving for their children's education. By harnessing the dreams and aspirations parents hold for their children's futures, Nyc Kids Rise strives to make college attendance and graduation accessible to all New York City public school students, regardless of their socio-economic background. In partnership with the NYC Department of Education and the City of New York, Nyc Kids Rise manages the Save for College program, which offers a collaborative platform for families to save for their children's higher education expenses. The organization's mission is to bridge the gap and ensure that financial barriers do not hinder the academic pursuits of ambitious young students.


Official website here: www.nyckidsrise.org

Who is the CEO of Nyc Kids Rise Inc?

Debra-Ellen Glickstein is the Chair of Nyc Kids Rise Inc.


Official website here: www.nyckidsrise.org

What is the revenue of Nyc Kids Rise Inc?

Nyc Kids Rise Inc's revenue in 2022 was $22,560,094.


Official website here: www.nyckidsrise.org

Who are the executives of Nyc Kids Rise Inc and what are their salaries?

The average compensation at Nyc Kids Rise Inc during 2022 was $87,621. There are 23 employees and 9 volunteers at Nyc Kids Rise Inc.

Here are 14 key members and their salaries:

    Debra-Ellen Glickstein (Executive Director)
  • Compensation: $179,750
  • Related: $0
  • Other: $24,591

    • Leila Bozorg (Chief Of Strategy And Policy)
  • Compensation: $179,721
  • Related: $0
  • Other: $15,615

    • Murray Abeles (Chief Of Administration & Finance)
  • Compensation: $179,721
  • Related: $0
  • Other: $7,662

    • Florence Juillard (Senior Director, Platform Design)
  • Compensation: $130,771
  • Related: $0
  • Other: $17,871

    • Jacqueline Matos (Chief Of Staff)
  • Compensation: $101,981
  • Related: $0
  • Other: $13,392

    • Dana Zucker (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danya Perry (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Goldberg Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheena Wright (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mindy Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vilda Vera Mayuga (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Bank (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Cowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emma Jordan-Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nyckidsrise.org

    Where can I find the form 990 for Nyc Kids Rise Inc?

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


    Official website here: www.nyckidsrise.org

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

    Mission Statement of Nyc Kids Rise Inc

    NYC Kids Rise, a nonprofit organization, is dedicated to expanding economic opportunities and promoting equity by facilitating collaborations between families, schools, and communities to save for their children's education. With a vision to make higher education accessible to all New York City public school students, regardless of their family's financial situation, NYC Kids Rise aims to foster an environment where dreams and expectations for a child's future are not bound by financial limitations.

    In partnership with the NYC Department of Education and the City of New York, NYC Kids Rise manages the Save for College program. This initiative empowers families to work together and contribute to their children's college savings, building a solid foundation for their future academic pursuits. By harnessing the collective power of families, schools, and communities, NYC Kids Rise strives to make attending and graduating from college a reality for every New York City student, ultimately breaking down financial barriers and creating a more equitable educational landscape.

    Impact

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




    Thursday, August 15, 2024

    Nyc Kids Rise Inc's impact is evident in the significant progress made in helping families, schools, and communities save for their children's education. In the last fiscal year, over 77,200 NYC public school students were actively engaged in the Save for College Program, with more than $7.1 million deposited into their NYC scholarship accounts. Furthermore, the organization raised over $2.1 million in community scholarships and conducted various events, workshops, and training sessions to support participants and promote financial literacy. Through its efforts, Nyc Kids Rise is making college attendance and graduation more achievable for all NYC public school students, irrespective of their financial backgrounds.





    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: $718
  • Program Service Revenue: $0
  • Gross Receipts: $22,560,094

    • Assets and Liabilities:
  • Total Assets: $19,914,556
  • Total Liabilities: $10,028,167
  • Net Assets: $9,886,389
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Debra-Ellen Glickstein

    Main Address

    28-07 JACKSON AVENUE FLOOR 5, LONG ISLAND CITY, NY, 11101

    NTEE Category

    Code: O50 - Youth development

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