Overview
What is Sherman Thomas Charter Schools?
Sherman Thomas Charter Schools is a nonprofit organization situated in Madera, California, specifically at 101 W Adell St. The primary focus of this institution is to provide alternative education for students in grades K-12, serving as a viable option to traditional public schools. The organization is committed to managing, operating, guiding, and promoting the Sherman Thomas Charter School, ensuring its smooth functioning and growth. With a team of 49 dedicated individuals, the school aims to create an educational environment that caters to the unique needs of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Sherman Thomas Charter Schools has received a Three-Star rating from Charity Navigator, reflecting a solid score of 80%. This rating is derived exclusively from their accountability and finance metrics, showcasing their commitment to transparency and responsible financial management. The organization has demonstrated strong governance with a significant majority of independent board members and an effective audit and oversight committee.
The school's financial health appears robust, as indicated by their low liabilities to assets ratio of 24.52%, along with a high program expense ratio of 81.25%. These figures suggest that a significant portion of their funds is directed towards program services, which is a positive indicator of their operational efficiency and dedication to their educational mission.
However, while the accountability metrics are highly favorable, the lack of other evaluation categories could limit a comprehensive understanding of the organization's overall performance. The reliance on a single beacon score might not fully encapsulate the impact and effectiveness of their educational programs.
This AI summary has been generated from information found on Charity Navigator.
Is Sherman Thomas Charter Schools legitimate?
Sherman Thomas Charter Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherman Thomas Charter Schools submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $126,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,231,426
For more financial information, click here
What is the mission statement of Sherman Thomas Charter Schools?
Sherman Thomas Charter Schools are organized with the primary goal of managing, operating, guiding, and promoting their educational institution. Their mission is to provide quality education to students in grades K-12, serving as an alternative to traditional public schools. The corporation is dedicated to delivering instruction that caters to the needs of these pupils, aiming to offer a viable educational option.
Who is the CEO of Sherman Thomas Charter Schools?
Robert Poythress is the President of Sherman Thomas Charter Schools.
What is the revenue of Sherman Thomas Charter Schools?
Sherman Thomas Charter Schools's revenue in 2022 was $5,046,278.
Who are the executives of Sherman Thomas Charter Schools and what are their salaries?
The average compensation at Sherman Thomas Charter Schools during 2022 was $48,127. There are 49 employees at Sherman Thomas Charter Schools.
Here are 6 key members and their salaries:
- Compensation: $126,798
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sherman Thomas Charter Schools?
Sherman Thomas Charter Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sherman Thomas Charter Schools
Sherman Thomas Charter Schools is dedicated to overseeing, managing, and advocating for the operation of its namesake charter school. The primary objective of this organization is to provide an alternative educational environment for students in grades K-12, serving as a viable alternative to traditional public schools. By assuming this role, Sherman Thomas Charter Schools aims to guide and promote the growth and development of its pupils, ensuring they receive a quality education.
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Impact
July, 2024
Sherman Thomas Charter Schools, located in Madera, California, provides instruction for students in grades K-12 as an alternative to traditional public schools. The impact of Sherman Thomas Charter Schools can be seen in its dedication to offering a unique educational experience tailored to the needs of each student. By providing a supportive and engaging learning environment, Sherman Thomas Charter Schools helps students reach their full potential and achieve academic success. Its mission to manage, operate, guide, and promote the school reflects its commitment to excellence in education. Through its focus on individualized instruction and innovative teaching methods, Sherman Thomas Charter Schools positively impacts the lives of its students and contributes to the advancement of education in the community.
This information is meant to be a general summary of Sherman Thomas Charter Schools. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,874
- Program Service Revenue: $5,038,404
- Gross Receipts: $5,046,278
Assets and Liabilities:
- Total Assets: $4,290,464
- Total Liabilities: $1,523,787
- Net Assets: $2,766,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEDERAL GRANT
Revenue
$438,193
OTHER LOCAL
Revenue
$152,657
STATE GRANTS
Revenue
$3,447,348
STATE OTHER
Revenue
$1,000,206
Organization Details
Founding Year
2006
Phone
(559) 675-6613Principal Officer
Robert Poythress
Main Address
101 W ADELL ST, MADERA, CA, 93638
NTEE Category
Code: B29 - Education
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