A Better Chance, Inc.
A Better Chance, Inc.
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About this organization
Mission
A better chance seeks to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. This is done by facilitating their entry into independent college preparatory schools. Through its network of member schools, a better chance is able to leverage an estimated $20+ million per year in financial aid for talented, economically disadvantaged youth of color. More than 96% of a better chance's graduates go on to college directly after high school, a majority entering our country's most selective colleges.
About
In fiscal year 2018, a better chance received 2419 applications, 737 acceptances, and 571 placements. The organization hosted 6 school fairs in Los Angeles, Oakland, Atlanta, Philadelphia, Washington D.C., and New York at which over 177 member schools participated. The organization also led more than 5 referral nights, finishing strong, and financial aid workshops which are used to help families better navigate and understand the application, acceptance, and placement process.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “To increase the number of well-educated young people of color capable of assuming responsible and leadership roles in american society.”.
When referring to its tasks, they were referred to as: “To create a diverse cadre of future leaders.”.
- The non-profit's state of operation has been legally reported as MA.
- According to the latest filing, the non-profit's address in 2020 is 253 W 35TH STREET 6TH FLOOR, NEW YORK, NY, 10001.
- The total number of employees reported by the non-profit on their form for 2020 is 40.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$558,962.
- The organization has 15 independent voting members.
- The organization was formed in 1971.
- The organization pays $2,310,000 in salary, compensation, and benefits to its employees.
- The organization pays $895,040 in fundraising expenses.