Employment, Job Related

Nana Grants Inc

Our formula is simple: money for college + quality child care = economic mobility.

MARIETTA, GA   |  www.nanagrants.org

Mission

Nana Grants pays for child care so low-income, single mothers can attend college.

Ruling year info

2016

Principal Officer

Erica Stephens

Main address

4994 LOWER ROSWELL RD STE 1

MARIETTA, GA 30068 USA

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EIN

81-4626337

Cause area (NTEE code) info

Fund Raising and/or Fund Distribution (J12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

More than 40% of Georgia’s low income families are headed by single mothers. Georgia’s HOPE grants and scholarships and Federal Pell Grants provide an affordable path to college. But if you’re a low income single mother without childcare, all the free tuition in the world is of no use to you. - Infant care in Georgia costs $1,030 (15.6%) more per year than in-state tuition for 4-year public college. - Student parents achieve higher grade point averages (GPA) than other students. - Single mothers with only a high school diploma are three times more likely to live in poverty as those with college degrees. - For every dollar a single mother invests in an associate’s degree, her family gets back $16.45 in increased earnings.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

One-Year Nana Grant

Each Nana Grant helps cover the cost of child care for one year, renewable for the length of the student’s program of study at a HOPE-eligible college or university in Georgia. Our goal is to remove the uncertainty of continuous, quality child care from the equation so that student mothers can focus on their studies, graduate and have a rewarding, well-compensated career. Georgia’s HOPE Grants and Scholarships expand access to higher education for everyone. Let’s make sure “everyone” includes low-income, single mothers.

Population(s) Served
Females
Parents
Budget
$175,000

The Nana Grants CAPS Bridge Funding Program provides supplemental child care funding for low-income single mothers attending a HOPE-eligible college or university in Georgia. Georgia’s CAPS program supports early education goals by assisting low income families with the cost of child care while they work, go to school or training, or participate in other work-related activities. Even with CAPS, a single mother may have out of pocket costs, such as paying a Family Fee and/or the difference between what the provider charges weekly and the amount CAPS pays the provider. Nana Grants covers up to $50 per week per family for qualifying CAPS recipients to help offset those out-of-pocket costs. Nana Grants’ CAPS Bridge Funding allows single mothers to balance school, work and parenting. Many of our mothers are one car repair or doctor’s visit away from financial insolvency. Nana Grants helps them stay on track for graduation.

Population(s) Served
Females
Parents
Budget
$75,000

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Charting impact

SOURCE: Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Nana Grants provides child care funding for low-income, single mothers attending a HOPE-eligible college or university in Georgia. Our goal is to remove the uncertainty of continuous, quality child care from the equation so that student mothers can focus on their studies, graduate and have a rewarding, well-compensated career. Nana Grants is focused on economically-relevant education for low-income single mothers struggling to provide for their families. Each Nana Grant helps cover the cost of child care (full-time care, Pre-K, before/after school care, and summer camp) for one year, renewable for the length of the student's program of study. Nana Grants child care funding offers a two-generation approach to breaking the multigenerational cycle of poverty: - Mothers are empowered to succeed in college. - Children benefit from a quality early learning of after-school experience.

Nana Grants child care funding offers a two-generation approach to breaking the multigenerational cycle of poverty: - Mothers are empowered to succeed in college. - Children benefit from a quality early learning of after-school experience. Nana Grants offers to two child care funding programs: One-Year Nana Grant Each Nana Grant helps cover the cost of child care for one year, renewable for the length of the student’s program of study at a HOPE-eligible college or university in Georgia. Our goal is to remove the uncertainty of continuous, quality child care from the equation so that student mothers can focus on their studies, graduate and have a rewarding, well-compensated career. Georgia’s HOPE Grants and Scholarships expand access to higher education for everyone. Let’s make sure “everyone” includes low-income, single mothers. CAPS Bridge Funding: The Nana Grants CAPS Bridge Funding Program provides supplemental child care funding for low-income single mothers attending a HOPE-eligible college or university in Georgia. Georgia’s CAPS program supports early education goals by assisting low income families with the cost of child care while they work, go to school or training, or participate in other work-related activities. Even with CAPS, a single mother may have out of pocket costs, such as paying a Family Fee and/or the difference between what the provider charges weekly and the amount CAPS pays the provider. Nana Grants covers up to $50 per week per family for qualifying CAPS recipients to help offset those out-of-pocket costs. Nana Grants’ CAPS Bridge Funding allows single mothers to balance school, work and parenting. Many of our mothers are one car repair or doctor’s visit away from financial insolvency. Nana Grants helps them stay on track for graduation.

Nana Grants range from $1,500 to $16,000 per year, per student mother, depending on the length of the student’s college program and the type of care required. Some of our mothers require after school care and summer camp for their school-aged children. Others needs full-time care for infants or toddlers. We work with each mother to customize a child care plan that meets her individual needs for school success. Our commitment to long-term support (up to one year, renewable for based on their program of study) provides much needed financial stability for moms, as well as a stable, nurturing environment for children. Through relationships with technical and 4 year colleges, we have a strong and growing referral network. Nana Grants works with mothers and their child care providers to collect weekly attendance reports and process child care tuition payments directly to providers every week. We also work with mothers and their schools to monitor progress and help them stay on track for graduation.

Nana Grants measures success by the following metrics: * Timely progress made toward expected college graduation date * Maintenance of 2.0 GPA * Graduation rates of grant recipients * Job placement and income rates for graduated Nana Grants recipients * Attendance at QCC quality-rated child care centers by recipient dependents

2019 was a breakout year for Nana Grants in terms of fundraising, grant making and operational development. Highlights include: * In October, we were awarded a $50,000 grant from Gas South. * In December, we were awarded a $50,000 from the Molly Blank Fund of the The Arthur M. Blank Family Foundation. * In Q3, we brought our provider payment processing operations in-house (previously outsourced to Quality Care for Children). * At the close of 2019, we awarded grants supporting 33 mothers and children For Nana Grants, 2020 is all about scaling-up our operations and outreach to serve low-income single mothers in Georgia who want to complete college. We spent 2019 honing our funding models, forging new community partnerships, growing our inbound referral pipeline, and establishing scalable operations. With more than $100,000 in new grant revenue in Q4 2019, we are working closely with our higher-ed partners to identify and support new students for our CAPS Bridge Funding and One-Year Nana Grant programs. We intend to continue that growth into 2020.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is the organization collecting feedback?

    We regularly collect feedback through: electronic surveys (by email, tablet, etc.).

Financials

Nana Grants Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Nana Grants Inc

Board of directors
as of 3/26/2020
SOURCE: Self-reported by organization
Board chair

Mary Jane Credeur

www.credeurgroup.com

Term: 2017 - 2020

Mary Jane Credeur

https://www.linkedin.com/in/mary-jane-credeur-9166195/

Travis Hughes

https://www.linkedin.com/in/travisdhughes/

Evan Rogoff

https://www.linkedin.com/in/evanrogoff/

Afsaneh Abree

https://www.linkedin.com/in/afsaneh-a-61110911/

Jennifer Jones

https://www.linkedin.com/in/jenniferjjones/

Shruthi Shankar

https://www.linkedin.com/in/shruthi-shankar-3aa855b8/

Dan Berman

https://www.linkedin.com/in/dan-berman-5a5166/

Darby Weyland

https://www.linkedin.com/in/darbyweyland/

Jimmy Lee

https://www.linkedin.com/in/jimmy-lee-cpa-886a5a54/

Melanie Muhlfelder

https://www.linkedin.com/in/melanierjordan09/

Hannah Dozier

https://www.linkedin.com/in/hannah-dozier-0a89835b/

David Paulson

https://www.linkedin.com/in/david-paulson-1705425/

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Keywords

college, education, childcare, child care, mothers, low-income, early childhood education, tuition, scholarship, two-generation, 2Gen