Overview
What is Brighter Choice Elementary Charter Schools?
Brighter Choice Elementary Charter Schools is a nonprofit organization situated in Albany, New York. Its primary mission is to offer a superior educational alternative for at-risk elementary students, ensuring they have access to essential services such as healthcare, nutrition, and transportation. The schools cater to all students, enabling participation in programs like nursing, food services, and transportation. Brighter Choice Elementary Charter Schools accommodate both regular and special education programs, aiming to provide a well-rounded educational experience for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Brighter Choice Elementary Charter Schools has received a solid Three-Star rating, reflecting its commitment to accountability and finance. The organization boasts a perfect score for the independence of its board members, indicating a strong governance structure. It also maintains strong financial oversight with a well-audited financial statement and no reported material diversion of assets, which highlights its commitment to transparency.
An impressive program expense ratio of 82.50% suggests that a significant portion of its expenditures is directed towards its educational programs, demonstrating an effective allocation of resources. Additionally, the presence of policies such as conflict of interest and whistleblower protections further supports the organization's commitment to ethical practices and good governance.
However, the organization faces a challenge with its liabilities to assets ratio at 67.73%, which may indicate a higher level of debt in relation to its assets. This aspect is a point of concern that could potentially impact financial stability in the long term. Overall, Brighter Choice Elementary Charter Schools shows strengths in governance and programmatic effectiveness while needing to improve financial leverage.
This AI summary has been generated from information found on Charity Navigator.
Is Brighter Choice Elementary Charter Schools legitimate?
Brighter Choice Elementary Charter Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brighter Choice Elementary Charter Schools 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,758,469
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What is the mission statement of Brighter Choice Elementary Charter Schools?
Brighter Choice Elementary Charter Schools is committed to providing a high-quality educational alternative for at-risk elementary students. The mission of the school is to offer a supportive learning environment that caters to the unique needs of these students. They offer various programs such as nurse, food services, and transportation to ensure a holistic learning experience. The schools also provide both regular and special education programs to cater to the diverse learning abilities of their students. In essence, Brighter Choice Elementary Charter Schools aims to empower at-risk elementary students by offering them a quality educational alternative that can help them reach their full potential.
Who is the CEO of Brighter Choice Elementary Charter Schools?
Martha Snyder is the Chair of Brighter Choice Elementary Charter Schools.
What is the revenue of Brighter Choice Elementary Charter Schools?
Brighter Choice Elementary Charter Schools's revenue in 2023 was $11,303,408.
Who are the executives of Brighter Choice Elementary Charter Schools and what are their salaries?
The average compensation at Brighter Choice Elementary Charter Schools during 2023 was $38,687. There are 123 employees at Brighter Choice Elementary Charter Schools.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Brighter Choice Elementary Charter Schools?
Brighter Choice Elementary Charter Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Brighter Choice Elementary Charter Schools
Brighter Choice Elementary Charter Schools is committed to providing an exceptional educational alternative for at-risk elementary students in their community. Their mission is centered around offering a high-quality education for these students, ensuring they have access to essential services such as nursing, food services, and transportation. Beyond the standard curriculum, Brighter Choice also offers both regular and special education programs, catering to the unique needs of each student.
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Impact
October, 2024
Brighter Choice Elementary Charter Schools significantly impacts at-risk elementary students in Albany, NY, by offering quality educational alternatives tailored to their unique needs. The schools provide comprehensive programs, including regular and special education, ensuring that all students receive the support necessary for academic success. Additionally, essential services such as nursing, food services, and transportation are readily accessible to every student, promoting an inclusive learning environment. This holistic approach not only advances educational outcomes but also fosters a sense of community and belonging among students and their families.
This information is meant to be a general summary of Brighter Choice Elementary Charter Schools. 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: $203,251
- Program Service Revenue: $9,160,042
- Gross Receipts: $11,303,408
Assets and Liabilities:
- Total Assets: $20,247,250
- Total Liabilities: $13,715,467
- Net Assets: $6,531,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ENROLLMENT
Revenue
$9,035,117
E-RATE REIMBURSEMENT INCOME
Revenue
$100,623
AFTER SCHOOL PROGRAMS
Revenue
$23,380
STAFF MEALS
Revenue
$922
Organization Details
Founding Year
2001
Phone
(518) 694-4100Principal Officer
Martha Snyder
Main Address
250 CENTRAL AVENUE, ALBANY, NY, 12206
NTEE Category
Code: B29 - Education
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