Overview
What is Fayerweather Street School Inc?
Fayerweather Street School Inc, located in Cambridge, Massachusetts, is a nonprofit organization dedicated to providing educational instruction and student activities for approximately 200 students from pre-kindergarten through eighth grade. Their mission is centered around fostering the development of children's knowledge, skills, and social awareness, enabling them to thrive in a complex, diverse, and interdependent world. They believe in truly knowing each child and engaging their intellect, imagination, and sense of social responsibility. The school strives to foster confident, resourceful, and enthusiastic learners, and is committed to building a diverse and inclusive community, where compassion, humor, and respect are integral components of the curriculum and daily life. With a staff of 60 individuals, Fayerweather Street School Inc creates an environment conducive to holistic growth and development.
Official website here: www.fayerweather.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Fayerweather Street School Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating strong accountability and financial management. The organization scored 92% in the Accountability & Finance category, reflecting transparency and fiscal responsibility. With a majority of independent board members and robust financial oversight, the school demonstrates a commitment to maintaining high governance standards.
The nonprofit's strengths include a solid financial statement audit process, a high program expense ratio of over 70%, and no material diversion of assets. These factors suggest that Fayerweather Street School Inc is effectively using its resources to fulfill its mission. The presence of conflict of interest and document retention policies further enhances its credibility.
However, a notable limitation is the absence of a whistleblower policy, which could be a concern for transparency and accountability. Addressing this gap would strengthen the organization's governance framework and provide additional assurance to stakeholders. Overall, Fayerweather Street School Inc shows a strong commitment to its financial integrity and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Fayerweather Street School Inc legitimate?
Fayerweather Street School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayerweather Street School Inc 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: $704,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fayerweather.org
What is the mission statement of Fayerweather Street School Inc?
Fayerweather Street School Inc's mission is centered around helping young students thrive in a complex, diverse, and interdependent world. They believe that comprehensively understanding each child is essential for a top-notch education. The school strives to engage each child's intellect, creativity, and developing sense of social responsibility, aiming to foster confident, resourceful, and enthusiastic learners. Fayerweather Street School Inc is committed to fostering a diverse and welcoming community, where compassion, humor, and respect are integral to the curriculum and the school's overall spirit.
Official website here: www.fayerweather.org
Who is the CEO of Fayerweather Street School Inc?
Charles Mcdermott is the Director, Faculty of Fayerweather Street School Inc.
Official website here: www.fayerweather.org
What is the revenue of Fayerweather Street School Inc?
Fayerweather Street School Inc's revenue in 2021 was $8,033,960.
Official website here: www.fayerweather.org
Who are the executives of Fayerweather Street School Inc and what are their salaries?
The average compensation at Fayerweather Street School Inc during 2021 was $11,738. There are 60 employees and 10 volunteers at Fayerweather Street School Inc.
Here are 22 key members and their salaries:
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- Compensation: $83,745
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- Compensation: $83,668
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- Compensation: $138,364
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- Other: $8,111
- Compensation: $225,000
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- Other: $26,397
Official website here: www.fayerweather.org
Where can I find the form 990 for Fayerweather Street School Inc?
Fayerweather Street School Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.fayerweather.org
Learn more at the official website: www.fayerweather.org
Mission Statement of Fayerweather Street School Inc
Fayerweather Street School Inc, an educational institution, is dedicated to aiding young individuals in their development. The school believes in nurturing knowledge, skills, and awareness in its students, preparing them to thrive in a complex, diverse, and increasingly interconnected world. The school's approach is centered around truly knowing each child, engaging their intellect, imagination, and growing sense of social responsibility. This is done to foster confidence, resourcefulness, and enthusiasm in learning among the students.
Fayerweather Street School Inc strives to create a diverse and welcoming community, where compassion, humor, and respect are integral parts of the curriculum and the overall spirit of the institution. The school's mission is to help its students become confident and capable learners, equipping them with the tools necessary to navigate the intricacies of the modern world. The school's commitment to this mission is reflected in its educational approach, which seeks to engage each child's unique potential and foster a sense of social responsibility.
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Impact
July, 2024
Fayerweather Street School Inc's impact lies in its commitment to helping young people develop the knowledge, skills, and awareness to flourish in a complex, diverse, and increasingly interdependent world. By engaging each child's intellect, imagination, and sense of social responsibility, the school cultivates confident, resourceful, and enthusiastic learners. Fayerweather Street School strives to create a diverse and welcoming community where compassion, humor, and respect are fundamental values woven throughout the curriculum and spirit of the day. Through its educational instruction and student activities for 200 students in grades Pre-K through Grade 8, the school plays a vital role in shaping the next generation of thoughtful and socially responsible individuals.
This information is meant to be a general summary of Fayerweather Street School Inc. 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 2021.
- Investment Income: $36,226
- Program Service Revenue: $6,434,953
- Gross Receipts: $8,052,734
Assets and Liabilities:
- Total Assets: $9,021,730
- Total Liabilities: $3,440,347
- Net Assets: $5,581,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$6,434,953
Organization Details
Founding Year
1967
Phone
(617) 876-4746Principal Officer
Charles Mcdermott
Main Address
765 CONCORD AVENUE, CAMBRIDGE, MA, 02138
Website
www.fayerweather.orgNTEE Category
Code: B24 - Education
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