Overview
What is Lowell Community Charter School Friends Inc?
Lowell Community Charter School Friends Inc is a nonprofit organization located at 206 Jackson Street, Lowell, Massachusetts 01852. Its primary objective is to support and enhance the educational environment at the Lowell Community Charter Public School, a diverse institution that aims to prepare students in Lowell, Massachusetts for success in various aspects of life. The organization accomplishes this by funding initiatives and leasing the school building and grounds through an annual agreement. Additionally, Lowell Community Charter School Friends Inc is committed to fostering innovative educational programs at the school, contributing to its overall growth and development.
Official website here: www.lccps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Lowell Community Charter School Friends Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and finance, with a score of 83%. The organization shows strong performance in its financial practices, including a high program expense ratio of 99.43%, indicating that almost all of its expenses are directed towards its programs. Furthermore, the charity has a fully independent board and a robust audit process, which signals transparency and responsible governance.
The culture and community segment scored a perfect 100%, highlighting the organization’s effectiveness in engaging with stakeholders and collecting feedback. They demonstrate a proactive approach to utilizing feedback for improvements, maintaining strong equity strategies, and upholding comprehensive policies that support their mission. The presence of documented board meeting minutes and a conflict of interest policy are other indicators of a well-managed organization.
However, the organization does have a limitation with a missing conflict of interest policy, which may affect its overall governance score. Despite this, the absence of material diversion of assets and a strong financial statement audit reflect well on their operational integrity. Overall, Lowell Community Charter School Friends Inc appears to be a responsible and effective nonprofit working within its community.
This AI summary has been generated from information found on Charity Navigator.
Is Lowell Community Charter School Friends Inc legitimate?
Lowell Community Charter School Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lowell Community Charter School Friends 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.lccps.org
What is the mission statement of Lowell Community Charter School Friends Inc?
Lowell Community Charter School Friends Inc's mission is centered around supporting the development of innovative educational programs at the Lowell Community Charter Public School. This school is committed to preparing a diverse group of children from Lowell, Massachusetts for success in their academic, civic, and professional lives. The organization provides a comprehensive curriculum in a supportive and challenging multi-cultural learning environment. Additionally, Lowell Community Charter School Friends Inc leases the building and grounds to the school through an annual board-approved lease agreement. Their primary goal is to fund and assist the Lowell Community Charter Public School in enhancing the educational environment for students attending the school.
Official website here: www.lccps.org
Who is the CEO of Lowell Community Charter School Friends Inc?
Daniel Pare is the President of Lowell Community Charter School Friends Inc.
Official website here: www.lccps.org
What is the revenue of Lowell Community Charter School Friends Inc?
Lowell Community Charter School Friends Inc's revenue in 2022 was $750,016.
Official website here: www.lccps.org
Who are the executives of Lowell Community Charter School Friends Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.lccps.org
Where can I find the form 990 for Lowell Community Charter School Friends Inc?
Lowell Community Charter School Friends Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lccps.org
Learn more at the official website: www.lccps.org
Mission Statement of Lowell Community Charter School Friends Inc
Lowell Community Charter School Friends Inc, a dedicated organization, is committed to supporting the development of innovative educational programs at the Lowell Community Charter Public School. Their mission is to bolster the functions and purpose of this school, which was established to prepare a diverse student body from Lowell, Massachusetts for success in various aspects of life. By funding and assisting the school, Lowell Community Charter School Friends Inc aims to enhance the educational environment provided to students, creating a supportive and challenging learning environment that promotes cultural diversity. The organization also leases the school's building and grounds through an annual board-approved lease agreement.
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Impact
July, 2024
Lowell Community Charter School Friends Inc has a significant impact on the educational landscape of Lowell, Massachusetts. By supporting the development of innovative educational programs at the Lowell Community Charter Public School, the organization plays a crucial role in preparing a diverse cross-section of children for success as students, citizens, and workers. Through funding and assistance, Lowell Community Charter School Friends Inc enhances the educational environment provided to students attending the school, thereby contributing to a supportive and challenging multicultural learning environment. This support aligns with the mission of the organization to support the functions and purpose of Lowell Community Charter Public School, ultimately shaping the future of education in the community.
This information is meant to be a general summary of Lowell Community Charter School Friends 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 2022.
- Investment Income: $7
- Program Service Revenue: $563,907
- Gross Receipts: $750,016
Assets and Liabilities:
- Total Assets: $7,191,092
- Total Liabilities: $5,731,263
- Net Assets: $1,459,829
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$563,907
Organization Details
Founding Year
1999
Phone
(978) 323-0800Principal Officer
Daniel Pare
Main Address
206 JACKSON STREET, LOWELL, MA, 01852
Website
www.lccps.orgNTEE Category
Code: B11 - Education
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