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 Tom Sugalski
Board Chair Company Affiliation Retired Business President
History and Background
Organization DBA
DBA
TSIC of Sarasota County
Tax Exempt Status Public Supported Charity
Awarded a competitive grant from Community Foundation in the last 5 years? Yes
Incorporation Year 1995
Financial Summary
 
 
Projected Revenue $600,000.00
Projected Expenses $600,000.00
Additional Documents
IRS Letter of Determination
IRS Tax Exempt Letter
State Info
State Charitable Solicitations Permit Yes Feb 2015
State Registration Yes Aug 2017
Statements
Impact

Take Stock in Children of Sarasota County's accomplishments from 2014 include:

  1. Received 2014 Gold Level State Excellence Award for program management

  2. Serving 316 students - 200 students across 10 middle schools and 9 high schools in Sarasota County, and 116 students enrolled in post-secondary education

  3. 96% High School Graduation Rate, 65% higher than at-risk peer group

  4. 87% Post-Secondary Education Enrollment, 229% better than at-risk peer group  

  5. 88% of students are first generation college students; positive multi-generational change

  6. Over $4M in Florida Prepaid Scholarship Assets

  7. 57% Female, 43% Male
  8. 47% Caucasian, 37% African American, 16% Asian and Multi-Racial

Take Stock in Children of Sarasota County's goals for 2015 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 2015.

Take Stock in Children of Sarasota County's goals for 2015 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 2015

Background

Take Stock in Children was established in 1995 as a non-profit organization across Florida to provide an educational pathway for deserving, low-income students. Take Stock has a proven 20-year history of helping over 24,000 at-risk children graduate from high school, complete college and become productive citizens. This success is achieved through an innovative multi-year program model of mentorship, college success coaching, accountability, and scholarships.

 All 67 counties in Florida take part in this great program. Take Stock in Children of Sarasota County, Inc. began in 1996 under the wing of a local non-profit and on July 1, 2002, became an independent non-profit when we obtained our own 501(c)(3). The program currently serves 316 students - 200 middle and high school students in 19 schools in Sarasota County, and 116 students enrolled in post-secondary education. 

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.

Needs

  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 Stars Program 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.

 

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
Areas Served
Areas Served
Area
FL- Sarasota
Service Categories
Primary Org Type Education
Secondary Org Type Education
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 and stay crime and drug free. After successfully graduating from high school, the student has earned and will receive 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 $285,000
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 243 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 2012, we brought on 100 new students and have a 97% success rate in high school graduation. Our growth has been extremely positive and our student's reflect that as well. We currently serve 243 youth in Sarasota County and have 180 students enrolled in college.

How Program is Monitored
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.
Examples of Program Success
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.
CEO/Executive Director
Executive Director Mrs. Lisa Bechtold
CEO Term Start Aug 2000
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.

 

Staff
Full Time Staff 3
Part Time Staff 10
Volunteers 200
Contractors 0
Staff Retention Rate % 75
Professional Development Yes
Management Reports to Board Yes
Organization Plans
Fundraising Plan Under Development
Communication Plan Yes
Strategic Plan Yes
Strategic Plan Years 1
Strategic Plan Adopted Aug 2014
Management Succession Plan No
Policies and Procedures Yes
Continuity of Operations Plan No
Formal Evaluations
CEO Formal Evaluation Yes
Senior Management Formal Evaluation N/A
NonManagement 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"

Awards
Awards
Award/RecognitionOrganizationYear
Gold Level Excellence Award for Program ManagementTake Stock in Children (State Office)2014
Government Licenses
Is your organization licensed by the Government?
Policies
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Board Chair
Board Chair Tom Sugalski
Company Affiliation Retired Business President
Board Term July 2013 to June 2015
Email tomsugalski@msn.com
Board Members
Board Members
NameAffiliation
J Scott Atkins US Trust
Mr. Charlie Bryant Community Volunteer
Ms. Michelle Cherp Kerkering, Barberio and Company
Mr. C Kelley Corbridge Bechtold & Corbridge
Ms. Courtney Edbrooke Northwestern Mutual
Ms. Pam Fields Manasota Legal Aid
Mr. Arthur Flood Retired VP Marketing for IBM
Ms. Rose Fritz SCF Venice
Mr. Sean Grosso USF
Mr. Trevor Harvey SCF
Ms. Karen Hough Northern Trust
Ms. Brittany Lamont Sarasota Chamber of Commerce
Mitch Leon Retired
Dr. George Mims Argosy University
Mr. Dan Smith Robert Ferris CPA
Tom Sugalski Retired Business President
Student serving on the board through Community Youth Development? No
Board Demographics - Ethnicity
African American/Black 4
Asian American/Pacific Islander 0
Caucasian 10
Hispanic/Latino 1
Native American/American Indian 1
Other 0 0
Board Demographics - Gender
Male 10
Female 6
Unspecified 0
Governance
Board Term Lengths 2
Board Term Limits 3
Board Orientation Yes
Board Meeting Attendance % 84
Number of Full Board Meetings Annually 7
Board Self-Evaluation No
Written Board Selection Criteria No
Written Conflict of Interest Policy Yes
Percentage of Board Making Monetary Contributions 100
Percentage of Board Making In-Kind Contributions 100
Constituency Includes Client Representation
Financial Info
Fiscal Year 2014
Projected Revenue $600,000.00
Projected Expenses $600,000.00
IRS Form 990s
Audit/Financial Documents
Audit2013
Audit2011
Historical Financials
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 Year201320122011
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$141,435$123,987$102,000
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$141,435$123,987$102,000
Individual Contributions$332,858$242,699$123,854
$0$0$0
$1,178$0$0
Investment Income, Net of Losses$0$782$124
Membership Dues$0$0$0
Special Events$35,385$13,434$50,002
Revenue In-Kind$0$76,138$0
Other$0$0$0
Expense Allocation
Fiscal Year201320122011
Program Expense$366,790$321,092$230,850
Administration Expense$26,295$31,044$35,493
Fundraising Expense$10,687$5,807$11,941
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.271.060.99
Program Expense/Total Expenses91%90%83%
Fundraising Expense/Contributed Revenue2%2%4%
Assets and Liabilities
Fiscal Year201320122011
Total Assets$4,155,786$4,041,084$4,018,345
Current Assets$4,145,053$51,739$97,227
Long-Term Liabilities$0$0$0
Current Liabilities$12,211$9,017$8,710
Total Net Assets$4,143,575$4,032,067$4,009,635
Top Funding Sources
Fiscal Year201320122011
Top Funding Source & Dollar AmountContributions, gifts, grants $221,747Contributions, gifts, grants $242,699Individuals, Foundations & Corporations $123,854
Second Highest Funding Source & Dollar AmountGovertnment Grants - Unspecified $141,435Government Grants - Unspecified $123,987Government $102,000
Third Highest Funding Source & Dollar AmountFundraising $35,385Fundraising $13,434Special Events $50,002
CEO Compensation
Co-CEO Compensation
Solvency
Short Term Solvency
Fiscal Year201320122011
Current Ratio: Current Assets/Current Liabilities339.455.7411.16
Long Term Solvency
Fiscal Year201320122011
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? Yes
Financials Comments
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
Primary Phone 941 358-4407
CEO/Executive Director Mrs. Lisa Bechtold
Board Chair Tom Sugalski
Board Chair Company Affiliation Retired Business President
Year of Incorporation 1995

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.