Overview
What is Connecticut Association Of Independent Schools Inc?
Connecticut Association of Independent Schools Inc, located in Mystic, Connecticut, is a nonprofit organization dedicated to supporting its approximately 35 member schools. Established with the mission to maintain and enhance the quality of independent elementary and secondary education in Connecticut, the association serves as an evaluating body for these schools. It provides various services, including school evaluations, professional development, and general guidance to its 91 members. During fiscal year 2023, CAIS conducted 21 programs and two vendor shows, welcoming 96 vendor participants. These events offered opportunities for collaboration and learning, contributing to the growth and improvement of the member schools.
Official website here: www.caisct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Connecticut Association of Independent Schools Inc has received a One-Star rating from Charity Navigator, reflecting a score of 56%. This rating indicates significant room for improvement, particularly in accountability and financial management. While the organization excels in areas like board governance and conflict of interest policies, several key financial metrics raise concerns about sustainability and transparency.
Strengths of the organization include a fully independent board and compliance with various accountability policies, such as a whistleblower policy and document retention protocols. These aspects demonstrate a commitment to governance and oversight. However, its financial ratios suggest reliance on potentially limited funding, with a program expense ratio that is below acceptable standards, which may impact program effectiveness and reach.
Limitations noted in the evaluation particularly highlight the absence of the nonprofit’s tax form on its website, which diminishes transparency. Additionally, the high liabilities to assets ratio indicates potential financial instability that could affect operations. Addressing these financial concerns could aid in improving its overall rating and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Association Of Independent Schools Inc legitimate?
Connecticut Association Of Independent Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Association Of Independent Schools 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: $297,073
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,249
For more financial information, click here
Official website here: www.caisct.org
What is the mission statement of Connecticut Association Of Independent Schools Inc?
The Connecticut Association of Independent Schools Inc. was established with a mission to enhance and uphold high standards in independent elementary and secondary education within the state. acting as an evaluating body for these schools, it cooperates with the Connecticut State Board of Education. The organization also provides various services to its member schools, such as school evaluations, professional development, and general guidance, aiming to preserve the traditional freedom of independent schools to implement their unique educational philosophies.
Official website here: www.caisct.org
Who is the CEO of Connecticut Association Of Independent Schools Inc?
Richard Branson is the Chair of Connecticut Association Of Independent Schools Inc.
Official website here: www.caisct.org
What is the revenue of Connecticut Association Of Independent Schools Inc?
Connecticut Association Of Independent Schools Inc's revenue in 2023 was $1,041,583.
Official website here: www.caisct.org
Who are the executives of Connecticut Association Of Independent Schools Inc and what are their salaries?
The average compensation at Connecticut Association Of Independent Schools Inc during 2023 was $89,054. There are 6 employees and 14 volunteers at Connecticut Association Of Independent Schools Inc.
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- Compensation: $234,056
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- Other: $39,600
Official website here: www.caisct.org
Where can I find the form 990 for Connecticut Association Of Independent Schools Inc?
Connecticut Association Of Independent Schools Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.caisct.org
Learn more at the official website: www.caisct.org
Mission Statement of Connecticut Association Of Independent Schools Inc
Connecticut Association of Independent Schools, Inc., a nonprofit organization, was established with a mission to elevate and enhance the quality of independent elementary and secondary education in Connecticut. Its primary goal is to serve as an evaluating body for independent schools within the state, ensuring they uphold high standards. The organization cooperates with the Connecticut State Board of Education and works tirelessly to preserve the traditional freedom of independent schools to implement their unique educational philosophies. By providing school evaluations, professional development, and offering general guidance, Connecticut Association of Independent Schools, Inc. plays a vital role in fostering educational excellence within its member schools.
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Impact
July, 2024
Connecticut Association of Independent Schools Inc plays a crucial role in maintaining and improving standards in independent elementary and secondary education in Connecticut. By providing services such as school evaluations, professional development, and general guidance to its member schools, CAIS ensures that these institutions are meeting high-quality educational standards. Additionally, through its accreditation process and training programs, CAIS contributes to the ongoing development and enhancement of educational practices in its member schools. Overall, CAIS's impact can be seen in the continuous improvement of independent education standards and practices in Connecticut.
This information is meant to be a general summary of Connecticut Association Of Independent Schools 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 2023.
- Investment Income: $34,975
- Program Service Revenue: $407,250
- Gross Receipts: $1,041,665
Assets and Liabilities:
- Total Assets: $1,363,535
- Total Liabilities: $98,362
- Net Assets: $1,265,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$392,586
EVALUATION REVENUE
Revenue
$14,664
Organization Details
Founding Year
1950
Phone
(860) 572-2950Principal Officer
Richard Branson
Main Address
PO BOX 614 23 E MAIN ST, MYSTIC, CT, 06355
Website
www.caisct.orgNTEE Category
Code: B24D - Education
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