Take Stock in Children of Sarasota County
P.O. Box 48186
Sarasota FL 34230-5186
Mission
Take Stock in Children provides a unique opportunity for low-income and at-risk students in Sarasota County to escape the cycle of poverty through education. We offer our students college scholarships, caring volunteer mentors, college success coaching, and hope for a better life.  Success is achieved through our innovative, multi-year program model that starts in middle school, continues through high school and includes their transition into college. Upon entry into the Take Stock program, students turn their college dream into a college plan.
Leadership
CEO/Executive Director Mrs. Lisa Bechtold
Board Chair Mr. J Scott Atkins
Board Chair Affiliation US Trust
General Info
Organization DBA
DBA
TSIC of Sarasota County
Supported Organization
Former Names
Tax Exempt Status Public Supported Charity
Incorporation Year 1995
Awarded competitive grant from Community Foundation in the last 5 years? Yes
State Charitable Solicitations Permit Yes Feb 2017
State Registration Yes Aug 2017
IRS Letter of Determination
View
Financial Summary
 
 
Projected Revenue $650,700.00
Projected Expenses $650,550.00
Other Documents
Impact Statement

Take Stock in Children of Sarasota County's accomplishments from FY 2016 include:

  1. Received 2016 Program Excellence Award from TSIC State office

  2. Mentor Terrance Gilliam named State-wide mentor of the year

  3. Serving 345 students - 197 students across 10 middle schools and 9 high schools in Sarasota County, and 148 students enrolled in post-secondary education

  4. 96% High School Graduation Rate, 68% higher than at-risk peer group

  5. 96% Post-Secondary Education Enrollment, 242% better than at-risk peer group  

  6. 88% of students are first generation college students; positive multi-generational change

  7. Over $4M in Florida Prepaid Scholarship Assets

  8. 58% Female, 42% Male
  9. 39% Caucasian, 37% African American, 21% Hispanic and 3% Asian 

Take Stock in Children of Sarasota County's goals for FY 2017 include:

  1. Meet fundraising goals to achieve program sustainability and growth. Currently, we only serve 10% of qualified applicants wanting to participate in the Take Stock in Children program.

  2. Continue to recruit and retain mentors for our students while increasing mentor training opportunities.

  3. Increase community awareness of our organization through effective communication.

  4. Strengthen community collaborations with other local providers to access the highest quality resources and referrals for our students. South County is an area of focus for 2017.

Needs Statement

 

  1. Mentors - TSIC continues to enroll new deserving students who are each in need of a mentor. Mentors are a crucial part to our program and provide a positive influence and guidance for our students throughout their school years.
  2. Community Financial Program Support – TSIC provides student advocacy, mentoring, and college success coaching for each student throughout each year of their involvement in our program.  These support services prepare our students for success upon their receipt of a tuition scholarship for their higher education. Financial support is needed for the scholarships and ancillary services for our students.
  3. Scholarship Sponsors- TSIC’s matching partnership with the Florida Pre-Paid Foundation STARS Program (Scholarship Tuition for At-Risk Students) enables a dollar for dollar match of local donations for student scholarships. TSIC must raise $8,500 for each four-year Florida college tuition scholarship and $4,250 for each two-year scholarship.  We continue to seek donors to sponsor the local portion of this cost.

 

Background Statement

 

In 1995, Take Stock in Children (TSIC) was founded by a Florida educator envisioning a mentoring program to assist at-risk, low-income students achieve higher education. After being recognized for excellence in mentoring, the program transitioned to a mentoring and scholarship program utilizing a donor dollar-for-dollar match program from Florida Prepaid College Foundation Project STARS (Scholarship Tuition for At-Risk Students). This year, TSIC is celebrating 21 years of changing lives; helping students across all 67 Florida counties graduate from high school, complete college and become productive members of the workforce.

Take Stock in Children of Sarasota County, Inc. became an independent 501c(3) non-profit in 2002 to provide scholarships, mentoring and hope to at-risk students in Sarasota County. Currently TSIC serves 197 students from 19 Sarasota County middle and high schools. These students follow in the footsteps of the more than 300 students who have graduated from both the TSIC program and high school, and who have taken advantage of their college scholarships to further their higher education. Through this achievement, with the preparation and support of TSIC, these students break the cycle of poverty and change their future for the better.

Our program is based on the principal that given extensive support, motivation and accountability, children will work hard to ensure that they graduate from high school and attain a college degree. We fund our college scholarships and student services through a unique public-private fund raising model, and our mentors generously volunteer their mentoring services to our children.

 

Areas Served
Areas Served
Area
FL- Sarasota
Service Categories
Primary Org Type Education
Secondary Org Type Youth Development
Tertiary Org Type
Keywords
Mentoring, Scholarships, Education, Low-income Students, At-risk Youth, College Preparation
Statement from the Board Chair/Board President
Statement from the CEO/Executive Director
"Take Stock in Children is so fortunate to partner with many wonderful organizations in Sarasota to provide scholarships, mentors and hope to the youth of Sarasota County. Each student earns their scholarship through a strong academic commitment, good behavior and remaining drug and crime free." - Lisa Bechtold
Programs
Description Take Stock in Children of Sarasota County is a scholarship and mentoring program for at-risk youth in low-income families. Youth apply into our program as incoming middle school students. Once accepted, they must maintain a 2.5 GPA, meet with their assigned mentor once per week, stay crime and drug free and participate in the TSIC college readiness program. After successfully graduating from high school, the student has earned for themselves a tuition scholarship to any Florida college or technical school. We strive to break the cycle of poverty by enriching our youth with higher education. Our program costs $14,500 per student; $8,500 for four-year tuition scholarship and $6,000 for six years of mentoring and student advocacy.
Budget $650,550
Category Education, General/Other Postsecondary Education
Program Linked to Organizational Strategy Yes
Population Served Adolescents Only (13-19 years) Adolescents Only (13-19 years) Adolescents Only (13-19 years)
Short Term Success

We are currently working with 197 deserving local students towards high school completion and college readiness.  The enrollment of our seniors in their higher learning institution of choice (college, university, technical program or certification) is a moment of celebration each year.

Long Term Success

TSIC of Sarasota County has been active since 1996. In the first inaugural year we selected two students. In FY 2016, we brought on 30 new students and had a 100% success rate in high school graduation. Our growth has been extremely positive and our students reflect that as well. We currently serve 197 youth in Sarasota County and have 148 students enrolled in college.

Program Success Monitoring
Take Stock in Children uses a statewide database that allows student advocates and staff to track each student's grades, behavior, contact info, etc.
 
Student Advocates enter each participating school once a month and meet with each TSIC student to check on how they're doing. They take notes and enter information into the database on each student.
Program Success Examples
India White was one of ten siblings and faced a home of an alcohol addicted mother. She faced physical and mental abuse at home and soon became homeless. While in high school, India left home and moved to a homeless shelter. With a strong mentor by her side, India graduated from high school to attend the University of Florida.
 
India received her college degree and currently teaches algebra and geometry in Alachua County. "Without my mentor and Take Stock in Children, I would probably be on welfare for the rest of my life. I would have become a statistic," said India.
 
India is one example of many students that have excelled due to the help and support of Take Stock in Children. 
Comments
Program Comments by Organization
Financial stability and mentor recruitment (continual recruitment of volunteers) are always a challenge. Time is something very precious to give to our students. Many mentors have needed to go back to work, resulting in new ways to keep mentors active with their students. Our great partnerships with Girl's Inc., Big Brothers Big Sisters, Boys and Boys and Girl's Club, Laurel Civic Association have allowed for after school meeting places.
 
Our team is very dedicated to ensuring that every student is matched with a mentor.
Program Comments by Foundation
CEO/Executive Director
CEO/Executive Director Mrs. Lisa Bechtold
CEO Term Start Aug 2000
CEO/Executive Director Email dlbechtoldtsic@msn.com
Experience Raised in Florida , Lisa graduated from the University of Florida with a Bachelor's in Criminology and began working at Take Stock in Children in 2000 as a Student Advocate. Lisa has a heart truly devoted to the children and mission of TSIC and is a proud mother to her own two beautiful sons.

 

Former CEOs/Executive Directors
NameTerm
Senior Staff
NameTitle
Staff & Volunteer Statistics
Full Time Staff 3
Part Time Staff 6
Staff Retention Rate % 100
Professional Development Yes
Contractors 0
Volunteers 200
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation Yes
Senior Management Formal Evaluation N/A
Non-Management Formal Evaluation Yes
Collaborations

We strive to partner with every organization that wants to help our students succeed.  Currently, we work closely with the Education Foundation, Boys and Girls Clubs, Community Youth Development, PALS, University of South Florida, Laurel Civic Association, Girls Incorporated, the Community Foundation and others in the community on a variety of projects.  We have recently begun a very exciting new project in collaboration with Children First called "Take Stock in Children First"

Affiliations
AffiliationYear
External Assessments and Accreditations
Assessment/AccreditationYear
Awards & Recognition
Award/RecognitionOrganizationYear
Excellence Award for Program ManagementTake Stock in Children (State Office)2015
Excellence Award for Program ManagementTake Stock in Children (State Office)2016
Mentor of the Year (Statewide)Take Stock in Children (State Office)2016
Risk Management Provisions
Government Licenses
Organization Licensed by the Government
Plans
Fundraising Plan No
Communication Plan No
Strategic Plan No
Strategic Plan Years 1
Strategic Plan Adopted Aug 2014
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy No
Policies and Procedures Yes
Comments
Management Comments by Organization
Management Comments by Foundation
Planning & Policies Comments by Organization
Planning & Policies Comments by Foundation
Multi-Media Comments by Organization
Board Chair
Board Chair Mr. J Scott Atkins
Company Affiliation US Trust
Board Term Jan 2015 to Dec 2016
Board Chair Email scott.atkins@ustrust.com
Board Members
Board Members
NameAffiliation
Mr. J Scott Atkins US Trust
Mr. Jay Brady Meadows Community Association
Mr. Charlie Bryant FSC Securities Corporation
Mr. C Kelley Corbridge Bechtold & Corbridge
Ms. Pam Fields Manasota Legal Aid
Mr. Arthur Flood Retired VP Marketing for IBM
Ms. Rose Fritz SCF Venice
Ms. Karen Hough Northern Trust
Ms. Brittany Lamont Sarasota Chamber of Commerce
Ms. Kelley Lear Thomas Reuters
Dr. George Mims Argosy University
Ms. Jennifer Behrens Schmidt Atlantic Mold and Machining Corporation
Mr. Dan Smith Miles & Thirion CPA Firm, Inc.
Student serving on the board through Community Youth Development? No
Constituency Includes Client Representation
Board Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 9
Hispanic/Latino 1
Native American/American Indian 0
Other 0 0
Board Gender
Male 7
Female 6
Unspecified 0
Governance
Board Term Lengths 2
Board Term Limits 3
Board Orientation Yes
Number of Full Board Meetings Annually 3
Board Meeting Attendance % 56
Board Self-Evaluation No
Written Board Selection Criteria No
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 100
% of Board Making In-Kind Contributions 100
Standing Committees
Comments
Governance Comments by Organization Three of our board seats are reserved for representatives from local colleges (SCF Venice, SCFSM, USFSM).  Their participation often difficult to coordinate.  One board member on extended medical leave this FY.
Governance Comments by Foundation
Fiscal Year Projections
Fiscal Year Begins 2016
Fiscal Year Ends 2017
Projected Revenue $650,700.00
Projected Expenses $650,550.00
Total Projected Revenue includes "in-kind" contributions/ donations
Endowment Value
Endowment Spending Policy
Endowment Spending Policy %
Capital Campaign
In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
Anticipate Campaign within 5 years? Yes
IRS Form 990s
Audit/Financial Documents
Historical Financial Review
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$125,876$189,936$141,435
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$125,876$189,936$141,435
Individual Contributions$459,727$264,780$332,858
$0$0$0
$0$0$1,178
Investment Income, Net of Losses$3,027$1,199$0
Membership Dues$0$0$0
Special Events$6,655$9,045$35,385
Revenue In-Kind$87,425$51,458$0
Other$0$0$0
Expense Allocation
Fiscal Year201520142013
Program Expense$588,573$373,648$366,790
Administration Expense$41,687$30,269$26,295
Fundraising Expense$31,798$52,220$10,687
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.901.021.27
Program Expense/Total Expenses89%82%91%
Fundraising Expense/Contributed Revenue5%11%2%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$4,106,036$4,170,509$4,155,786
Current Assets$235,148$160,594$4,145,053
Long-Term Liabilities$0$0$0
Current Liabilities$12,930$9,945$12,211
Total Net Assets$4,093,106$4,160,564$4,143,575
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountContributions, gifts, grants $459,727Contributions, gifts, grants $264,780Contributions, gifts, grants $221,747
Second Highest Funding Source & Dollar AmountGovernment Grants - Unspecified $125,876Govertnment Grants - Unspecified $189,936Govertnment Grants - Unspecified $141,435
Third Highest Funding Source & Dollar AmountFundraising $6,655Fundraising $9,045Fundraising $35,385
CEO/Executive Director Compensation $0 - $50,000
Co-CEO/Executive Director Compensation
Tax Credits
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities18.1916.15339.45
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Organization
Financial Comments by Foundation
Financial figures provided based on IRS Form 990. 2011 audit reconciles with 2011 Form 990. Audits not conducted in 2009 and 2010.  Individual contributions include foundation and corporate support, as reported on 990s.
 
NOTE: 2010 FORM 990 ONLY REFLECTS 6 MONTH PERIOD, AS FISCAL YEAR CHANGED FROM CALENDAR YEAR.
Nonprofit Take Stock in Children of Sarasota County
Address P.O. Box 48186
Sarasota, FL 342305186
Phone 941 358-4407

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.