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Fisher Island Day School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061650070 ✦ Miami beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Fisher Island Day School Inc?

Fisher Island Day School Inc, located at 2 Fisher Island Drive, Miami Beach, FL 33109, is a distinguished nonprofit institution offering a comprehensive educational program for children spanning from Pre-Kindergarten to Grade 8. Employing standards-based curricula, differentiated instruction, and research-based methodologies, FIDS ensures a nurturing learning environment. Character education, second language instruction, fine and performing arts development, and an emphasis on overall health and well-being are integral parts of their program. The school is fully accredited by the Florida Council of Independent Schools, dedicated to preparing students for competitive high schools, fostering responsible citizenship in a diverse world, and encouraging lifelong learning to lead fulfilling lives. With a dedicated team of 62 employees, FIDS caters to both Fisher Island residents and children in the surrounding communities.


Official website here: www.fids.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Fisher Island Day School Inc has received a solid score of 81%, reflecting its commitment to accountability and finance. The rating is based entirely on the Accountability & Finance beacon, highlighting the organization's strong governance practices. Notably, the board is composed entirely of independent members, which is a positive indicator of oversight and decision-making integrity.

The organization shows strength in several financial areas, including a low ratio of liabilities to assets at 32.03%, which suggests a stable financial position. Additionally, it scored well for its financial statements and oversight committees, indicating robust internal controls. However, there are some areas for improvement, particularly in transparency, as the school is missing a whistleblower policy and a document retention policy, which could enhance its governance framework.

Moreover, while the program expense ratio is 64.16%, this could be an area of concern, as it indicates that a significant portion of expenses may not be directly supporting the program's mission. Overall, while Fisher Island Day School Inc demonstrates a strong commitment to accountability, addressing the noted limitations could further enhance its operational effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Fisher Island Day School Inc legitimate?

Fisher Island Day School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fisher Island Day 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: $730,866
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,299,714

For more financial information, click here


Official website here: www.fids.org

What is the mission statement of Fisher Island Day School Inc?

Fisher Island Day School (FIDS) is committed to educating students from Pre-Kindergarten through Grade 8. Its mission is to prepare these children for successful entry into competitive high schools, foster responsible citizenship in a diverse world, and encourage a lifelong pursuit of learning to lead fulfilling lives. FIDS is fully accredited by the Florida Council of Independent Schools and serves students beyond those living on Fisher Island, extending its reach to surrounding communities.


Official website here: www.fids.org

Who is the CEO of Fisher Island Day School Inc?

Brian Neff is the Treasurer of Fisher Island Day School Inc.


Official website here: www.fids.org

What is the revenue of Fisher Island Day School Inc?

Fisher Island Day School Inc's revenue in 2023 was $8,004,700.


Official website here: www.fids.org

Who are the executives of Fisher Island Day School Inc and what are their salaries?

The average compensation at Fisher Island Day School Inc during 2023 was $48,880. There are 62 employees at Fisher Island Day School Inc.


Here are 14 key members and their salaries:


Michael Bell (Head Of School)
  • Compensation: $121,647
  • Related: $2,100
  • Other: $27,000
John A Durango (Dean)
  • Compensation: $137,155
  • Related: $0
  • Other: $9,688
Dana Vignale (Assistant Head Of School/Head Of School)
  • Compensation: $131,440
  • Related: $0
  • Other: $7,907
Mary Reiling (Admissions And Development Director)
  • Compensation: $109,649
  • Related: $0
  • Other: $7,601
Cheryl Camp (Finance Director)
  • Compensation: $96,040
  • Related: $0
  • Other: $9,979
Marco Cirillo (Assistant Head Of School)
  • Compensation: $56,159
  • Related: $0
  • Other: $14,593
Jana Neff (President & Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Neff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Hirsh (Vice President & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Ferraro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Mackenzie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Melnick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Parsons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erick Rudyak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fids.org

Where can I find the form 990 for Fisher Island Day School Inc?

Fisher Island Day School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fids.org

Learn more at the official website: www.fids.org

Mission Statement of Fisher Island Day School Inc

Fisher Island Day School, abbreviated as FIDS, is a renowned educational institution that caters to students from Pre-Kindergarten through Grade 8. Its mission is multifaceted, aiming to prepare its students for entry into competitive high schools, foster responsible citizenship in a diverse world, and encourage a lifelong passion for learning to lead a fulfilling and meaningful life.

FIDS is committed to providing an education that goes beyond the classroom. It is accredited by the Florida Council of Independent Schools, ensuring it meets the highest standards of academic excellence. The school's goal is to equip its students with the necessary skills and knowledge to navigate the complexities of a diverse world, thereby promoting understanding and respect among different cultures. Furthermore, FIDS aims to instill in its students a sense of responsibility towards their communities and the world at large, encouraging them to become active, compassionate, and engaged citizens.

In addition to academic excellence, FIDS is dedicated to nurturing well-rounded individuals who can lead fulfilling lives. It encourages ongoing learning, emphasizing that education is not just a means to an end, but a lifelong pursuit of knowledge and personal growth. By fostering a love for learning, FIDS aims to inspire its students to continue seeking knowledge and growth throughout their lives, ultimately leading to a meaningful and satisfying existence.

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Impact




July, 2024

Fisher Island Day School Inc, through its Fisher Island Day School (FIDS), is dedicated to preparing children for entrance into competitive high schools, fostering responsible citizenship in a diverse world, and instilling a passion for lifelong learning to lead fulfilling and meaningful lives. By providing a superior educational program for children in Pre-Kindergarten through Grade 8, FIDS impacts the lives of students by offering standards-based curricula, high-quality differentiated instruction, character education, second language instruction, fine and performing arts development, and promoting overall health and well-being. As a fully accredited institution by the Florida Council of Independent Schools, FIDS not only serves children living on Fisher Island but also benefits children in the surrounding communities with its commitment to excellence in education.




This information is meant to be a general summary of Fisher Island Day 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.

Revenue
$8,004,700 (2023)
Expenses
$6,679,108 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $190,272
  • Program Service Revenue: $6,544,969
  • Gross Receipts: $8,138,176

Assets and Liabilities:

  • Total Assets: $20,438,354
  • Total Liabilities: $6,548,042
  • Net Assets: $13,890,312

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition & Fees

Revenue

$6,170,332

Auxiliary activities

Revenue

$374,637

Organization Details

Founding Year

2002

Principal Officer

Brian Neff

Main Address

2 Fisher Island Drive, Miami Beach, FL, 33109

NTEE Category

Code: B24 - Education

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