Overview
What is The Seed School Of Maryland?
The Seed School of Maryland is a statewide, public, college-preparatory boarding school located in Baltimore, Maryland. It is a unique educational institution designed to cater to students who can greatly benefit from a 24-hour learning environment. Established by the Maryland General Assembly, the school receives funding from various sources, including the state, local, and private sectors. The Maryland State Department of Education oversees the school, ensuring it adheres to state and federal standards for teaching and learning. With a mission to provide outstanding residential education, the Seed School of Maryland aims to prepare its students academically and socially for success in college and beyond. The organization, with a workforce of 181 employees, offers an extraordinary learning and living experience tailored to those who may thrive in its immersive environment.
Official website here: www.seedschoolmd.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Seed School of Maryland has achieved a remarkable rating of 96% from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This rating is solely based on their performance in the Accountability & Finance beacon, indicating that the organization operates with a high level of oversight and ethical standards.
The organization boasts a fully independent board with 95% of its members being independent, which underscores its governance strength. Additionally, it has performed excellently in areas such as financial audits and conflict of interest policies, with no material diversions of assets reported. The high program expense ratio of 76.67% also indicates that a significant portion of its funding is directed towards its programs, rather than administrative costs.
While the data highlights numerous strengths, it is important to recognize that the evaluation focuses exclusively on financial aspects. No qualitative feedback regarding program effectiveness or community impact is provided, which might be important for understanding the overall effectiveness of the organization in its mission. Nonetheless, the financial health and governance practices showcased suggest that The Seed School of Maryland is a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Seed School Of Maryland legitimate?
The Seed School Of Maryland is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Seed School Of Maryland 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: $386,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,749,629
For more financial information, click here
Official website here: www.seedschoolmd.org/
What is the mission statement of The Seed School Of Maryland?
The Seed School of Maryland is a statewide, public, college-preparatory boarding school that provides an exceptional learning experience to prepare students for higher education and beyond. By law and design, the school serves students who would greatly benefit from a 24-hour learning environment. The Maryland General Assembly passed legislation to establish the school, which receives funding from the state, local, and private sources. The Maryland State Department of Education oversees the school and holds it accountable to state and federal standards for teaching and learning. The mission of the Seed School of Maryland is to offer a comprehensive education that prepares students for college and future success.
Official website here: www.seedschoolmd.org/
Who is the CEO of The Seed School Of Maryland?
Kirk Sykes is the Chairman of The Seed School Of Maryland. The CEO's salary of The Seed School Of Maryland is $0 and their total compensation is $306,892.
Official website here: www.seedschoolmd.org/
What is the revenue of The Seed School Of Maryland?
The Seed School Of Maryland's revenue in 2022 was $21,655,114.
Official website here: www.seedschoolmd.org/
Who are the executives of The Seed School Of Maryland and what are their salaries?
The average compensation at The Seed School Of Maryland during 2022 was $50,475. There are 181 employees and 19 volunteers at The Seed School Of Maryland.
Here are 24 key members and their salaries (The Seed School Of Maryland's CEO's salary is $0 and their total compensation is $306,892):
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- Other: $13,655
- Compensation: $115,614
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- Other: $15,345
Official website here: www.seedschoolmd.org/
Where can I find the form 990 for The Seed School Of Maryland?
The Seed School Of Maryland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seedschoolmd.org/
Learn more at the official website: www.seedschoolmd.org/
Mission Statement of The Seed School Of Maryland
The Seed School of Maryland is a statewide, public, college-preparatory boarding school that offers an exceptional learning experience for students in need of a 24-hour educational environment. Established by Maryland legislation, this institution receives funding from the state, local, and private sectors. It is overseen by the Maryland State Department of Education (MSDE), which holds it accountable to state and federal standards for teaching and learning.
The Seed School of Maryland is designed to cater to students who could greatly benefit from its round-the-clock learning atmosphere. This unique educational model provides students with opportunities to focus on their academics and grow beyond the classroom. The Maryland General Assembly recognized the value of this approach and passed legislation to bring this institution to life. With a mission to prepare students for college and beyond, The Seed School of Maryland aims to make a significant impact on the future of its students.
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Impact
October, 2024
The Seed School of Maryland significantly impacts students by providing a comprehensive, college-preparatory education within a 24-hour learning environment. Located in Baltimore, the school caters to students who require extra support, ensuring they receive an outstanding and intensive residential education. This structured setting fosters both academic and social growth, preparing students for success in college and beyond.
The unique model of The Seed School allows for personalized attention and a rigorous curriculum tailored to meet the needs of its students. By emphasizing a holistic approach to education, the school helps build essential life skills, resilience, and a strong work ethic. Graduates of The Seed School emerge not only with the academic foundation necessary for higher education but also the personal development essential for navigating the challenges of collegiate life and future careers.
The school's establishment by the Maryland General Assembly underscores its commitment to serving the community by turning around the educational trajectories of those who could benefit most from such an immersive learning environment. This impactful initiative significantly contributes to closing achievement gaps and promoting equity in education across the state.
This information is meant to be a general summary of The Seed School Of Maryland. 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: $1,995
- Program Service Revenue: $16,125,038
- Gross Receipts: $21,655,114
Assets and Liabilities:
- Total Assets: $45,366,467
- Total Liabilities: $19,332,442
- Net Assets: $26,034,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER PUPIL ALLOCATION
Revenue
$16,125,038
Organization Details
Founding Year
2007
Phone
(410) 843-9477Principal Officer
Kirk Sykes
Main Address
200 FONT HILL AVENUE, BALTIMORE, MD, 212232703
Website
www.seedschoolmd.org/NTEE Category
Code: B25 - Education
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