Overview
What is New England Association Of Schools And Colleges Inc?
New England Association of Schools and Colleges Inc. is a distinguished nonprofit organization dedicated to fostering educational growth. With a vision to expand its influence beyond New England, the organization's primary goal is to promote and enhance education in various colleges and schools. Their commitment encompasses designated geographical areas, as determined by their board of trustees. While the specific activities and schedules are outlined in their 'See Schedule O' policy, the organization's core mission remains clear: to drive the advancement of education in the relevant educational institutions.
Official website here: www.neasc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The New England Association of Schools and Colleges Inc (NEASC) received a low score of 56% from Charity Navigator, resulting in a One-Star rating. While the organization demonstrates strong governance with a 94% independent board and robust audit oversight, its financial metrics raise concerns. Notably, the program expense ratio stands at only 47.87%, indicating a significant portion of funds may not be directed towards its primary mission.
Strengths in governance include comprehensive policies on conflict of interest and whistleblower protections, as well as the presence of thorough documentation for board meeting minutes. These factors suggest a commitment to transparency and accountability in operations. However, the lack of a posted tax form on their website and a concerning liabilities-to-assets ratio of 42.27% indicate potential financial instability.
While the organization has established strong governance practices, the financial challenges reflected in its Charity Navigator score suggest a need for improvement in program funding and overall fiscal management. Addressing these limitations could enhance its effectiveness and service delivery to the educational institutions it supports.
This AI summary has been generated from information found on Charity Navigator.
Is New England Association Of Schools And Colleges Inc legitimate?
New England Association Of Schools And Colleges Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Association Of Schools And Colleges 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: $893,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,528,751
For more financial information, click here
Official website here: www.neasc.org
What is the mission statement of New England Association Of Schools And Colleges Inc?
The New England Association of Schools and Colleges Inc. is committed to promoting education in various institutions. Specifically, its mission is to advance the educational cause in the colleges and schools located in New England and in other designated geographical areas, as decided by their board of trustees. This organization works towards fostering educational growth and development in these regions.
Official website here: www.neasc.org
Who is the CEO of New England Association Of Schools And Colleges Inc?
Cameron C Staples is the President/Ceo of New England Association Of Schools And Colleges Inc. The CEO's salary of New England Association Of Schools And Colleges Inc is $364,415 and their total compensation is $407,603.
Official website here: www.neasc.org
What is the revenue of New England Association Of Schools And Colleges Inc?
New England Association Of Schools And Colleges Inc's revenue in 2022 was $7,781,290.
Official website here: www.neasc.org
Who are the executives of New England Association Of Schools And Colleges Inc and what are their salaries?
The average compensation at New England Association Of Schools And Colleges Inc during 2022 was $110,565. There are 40 employees and 1225 volunteers at New England Association Of Schools And Colleges Inc.
Here are 23 key members and their salaries (New England Association Of Schools And Colleges Inc's CEO's salary is $364,415 and their total compensation is $407,603):
- Compensation: $364,415
- Related: $0
- Other: $43,188
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- Compensation: $225,512
- Related: $0
- Other: $39,392
- Compensation: $186,044
- Related: $0
- Other: $35,301
- Compensation: $210,630
- Related: $0
- Other: $48,464
- Compensation: $161,954
- Related: $0
- Other: $34,789
- Compensation: $148,694
- Related: $0
- Other: $42,697
- Compensation: $147,113
- Related: $0
- Other: $16,275
Official website here: www.neasc.org
Where can I find the form 990 for New England Association Of Schools And Colleges Inc?
New England Association Of Schools And Colleges Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neasc.org
Learn more at the official website: www.neasc.org
Mission Statement of New England Association Of Schools And Colleges Inc
The New England Association of Schools and Colleges Inc is committed to furthering the cause of education in various educational institutions. Specifically, its mission is to support the Colleges and Schools located in New England and expand its reach to other designated geographical areas, as determined by its Board of Trustees. This nonprofit organization aims to advance education by employing its mission across various educational domains.
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Impact
July, 2024
The impact of the New England Association of Schools and Colleges Inc is significant in advancing the cause of education in colleges and schools not only in New England but also in other designated geographical areas. Through its mission, the organization plays a vital role in ensuring high standards and quality education services are maintained, benefiting students, educators, and institutions alike.
This information is meant to be a general summary of New England Association Of Schools And Colleges 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: $80,348
- Program Service Revenue: $7,525,827
- Gross Receipts: $24,092,018
Assets and Liabilities:
- Total Assets: $16,030,739
- Total Liabilities: $6,231,564
- Net Assets: $9,799,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCREDITATION AND EVALUATION
Revenue
$6,927,770
MANAGEMENT FEE
Revenue
$446,597
WORKSHOPS
Revenue
$125,235
ANNUAL MEETINGS
Revenue
$26,225
Organization Details
Founding Year
1885
Phone
(781) 425-7700Principal Officer
Cameron C Staples
Main Address
1115 WESTFORD STREET THIRD FLOOR, LOWELL, MA, 01851
Website
www.neasc.orgNTEE Category
Code: B90 - Education
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