SAN ANTONIO, June 5, 2013 – HispanicBusiness.com ranks AVANCE, Inc. (ah-vahn-ceh) number eleven on their 2013 Top 25 Nonprofit list. The dual-generational parenting and early childhood education organization
AVANCE contributed more than 75% of its $55 million budget (FY 2012) directly to family support, school readiness and nutrition program services.
“The majority of our funding is used to offer vital services to vulnerable families across the state of Texas, nine additional states we have entered and the District of Columbia,” Richard J. Noriega, President and CEO of AVANCE said.
A list of tax-exempt organizations across 50 states and the District of Columbia were sorted by financial criteria and screened for descriptions related to Hispanic issues. Qualified organizations were sent a survey asking for information and then ranked on the basis of their annual expenditures.
In addition to AVANCE, three other Texas-Based organizations made the list. Austin-based Southwest Key Programs (No. 5), Irving-based SER-Jobs for Progress National Inc. (No. 15), and fellow San Antonio-based Hispanic Association of Colleges and Universities (HACU) all reported at least $11 million in 2012 revenue.
Supported by the W.K. Kellogg Foundation, AVANCE began the Unlocking America’s Potential Project in 2010 to research the adaptability of the AVANCE Parent-Child Education Program (PCEP) in multicultural communities, and expand the program into 12 new Hispanic serving communities. La Casa de Don Pedro (No. 21) in Newark, NJ operates the PCEP as one of the research sites that serves a predominantly Hispanic non-Mexican community. The Florida office of the ASPIRA Association (No. 4) is now one of the 12 Hispanic community expansion sites.
“We are proud to share a spot on this list with the top Hispanic organizations across the nation. It is encouraging to see others working towards meaningful goals and achieving success,” said Noriega.
More about AVANCE: AVANCE is a nonprofit organization dedicated to Unlocking America’s Potential by strengthening families in at-risk communities through effective parent education and family support programs. Connect with AVANCE on Facebook, Twitter, LinkedIn, and YouTube.
More about HispanicBusiness.com: HispanicBusiness.com is the leading online source for current, daily business news information for the affluent professional.