Overview
What is Bank Street College Of Education?
Bank Street College of Education, located in New York City, is an independent co-educational institution with a rich history spanning over a century. Established in 1916, it offers high-quality early childhood programs, including an on-site family center, an independent progressive school for children, as well as after-school and summer camp programs. These initiatives, collectively referred to as Children's Programs at Bank Street, are administered by the Dean of Children's Programs. The mission of Bank Street College is to enhance children's education and their teachers by applying all available knowledge about learning and growth within the education process. This approach aims to strengthen not just individuals, but families, schools, and the larger community, promoting a better society. The institution employs a total workforce of 784 individuals.
Official website here: www.bankstreet.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Bank Street College of Education has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The overall score is entirely based on its Accountability & Finance beacon, indicating a robust governance structure and efficient use of resources.
One of the notable strengths is the composition of its board, with 96% independent members, which promotes impartial decision-making. Additionally, the college demonstrates rigorous financial practices, including an effective audit and oversight committee, and high program expense ratios, indicating that a significant portion of resources are allocated towards its educational programs.
While the data reflects strong overall performance, it is important for potential donors to consider that the evaluation is based solely on financial metrics. Other qualitative aspects of the organization’s impact and outreach may not be fully captured in the rating, but the current financial integrity is a promising indicator of the college's operational health.
This AI summary has been generated from information found on Charity Navigator.
Is Bank Street College Of Education legitimate?
Bank Street College Of Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bank Street College Of Education 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: $2,821,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,675,221
For more financial information, click here
Official website here: www.bankstreet.edu
What is the mission statement of Bank Street College Of Education?
Bank Street College of Education is an independent co-educational institution with a mission to enhance the education of children and their teachers. By applying all obtainable knowledge about learning and growth to the education process, the college aims to connect teaching and learning meaningfully to the outside world. This approach is intended not only to strengthen individuals but also the community, including family, school, and the larger society. Education, according to Bank Street College, presents an opportunity to build a better society.
Official website here: www.bankstreet.edu
Who is the CEO of Bank Street College Of Education?
Shael Polakow-Suransky is the President of Bank Street College Of Education.
Official website here: www.bankstreet.edu
What is the revenue of Bank Street College Of Education?
Bank Street College Of Education's revenue in 2022 was $68,730,517.
Official website here: www.bankstreet.edu
Who are the executives of Bank Street College Of Education and what are their salaries?
The average compensation at Bank Street College Of Education during 2022 was $44,001. There are 784 employees and 1000 volunteers at Bank Street College Of Education.
Here are 44 key members and their salaries:
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- Other: $47,143
- Compensation: $218,975
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- Compensation: $164,289
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- Compensation: $162,373
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- Other: $27,173
- Compensation: $160,676
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- Other: $25,425
- Compensation: $154,750
- Related: $0
- Other: $25,267
Official website here: www.bankstreet.edu
Where can I find the form 990 for Bank Street College Of Education?
Bank Street College Of Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bankstreet.edu
Learn more at the official website: www.bankstreet.edu
Mission Statement of Bank Street College Of Education
Bank Street College of Education is a renowned co-educational institution dedicated to enhancing the education of children and their teachers. This independent organization aspires to apply all available knowledge about learning and growth to the education process, connecting teaching and learning meaningfully to the outside world. By doing so, Bank Street College seeks to strengthen individuals and the community at large, including family, school, and society as a whole. The institution believes that education presents an opportunity to build a better society, one that values and embraces the diversity of adults and children alike. Bank Street College's mission goes beyond academics, aiming to improve the education process by integrating diverse perspectives, fostering creative problem-solving, and promoting social responsibility. Its commitment to fostering a well-rounded learning experience enables students to develop essential skills and dispositions, ultimately contributing to their personal growth and the betterment of their communities.
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Impact
October, 2024
Bank Street College of Education has made a significant impact on the landscape of early childhood education over the past century. By offering high-quality programs through its independent progressive school, family center, after-school, and summer camp programs, it fosters a rich learning environment for children.
The college is dedicated to enhancing the education of both children and their teachers by integrating deep insights about learning and growth into the educational process. This commitment to connecting teaching and learning to the broader context of community life enhances not only individual development but also strengthens families and the larger society. By embracing diversity and promoting inclusive practices, Bank Street College plays a vital role in preparing young learners to thrive in a complex world while supporting educators in their professional growth.
This information is meant to be a general summary of Bank Street College Of Education. 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: $1,387,407
- Program Service Revenue: $53,471,900
- Gross Receipts: $76,454,189
Assets and Liabilities:
- Total Assets: $88,772,006
- Total Liabilities: $39,968,170
- Net Assets: $48,803,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$46,479,552
PROF DEVELOPMENT FEES
Revenue
$6,591,838
AUXILIARY ACTIVITIES
Revenue
$400,510
Organization Details
Founding Year
1931
Phone
(212) 875-4400Principal Officer
Shael Polakow-Suransky
Main Address
610 WEST 112TH STREET, NEW YORK, NY, 100251120
Website
www.bankstreet.eduNTEE Category
Code: B500 - Education
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