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Educational Charter Foundation Of Florida Inc

Imagine Schools At South Lake

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

EIN: 161720173 ✦ Clermont, FL ✦ Designated as a 501(c)(3)

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Overview

What is Educational Charter Foundation Of Florida Inc?

The Educational Charter Foundation of Florida Inc, also known as Imagine Schools at South Lake, is a nonprofit organization located in Clermont, Florida, with an address at 2750 Hartwood Marsh Road. They provide elementary educational services as a charter school in Lake County, Florida, employing a team of 181 individuals. The foundation's mission revolves around delivering quality education to students in the region.


Official website here: www.imaginesouthlake.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Educational Charter Foundation of Florida Inc has received an 81% score from Charity Navigator, reflecting a strong emphasis on accountability and financial management. The organization has achieved full marks in key areas such as having a majority of independent board members and maintaining robust financial oversight practices, indicating a commitment to transparency and ethical governance.

Strengths of the foundation include its impressive program expense ratio of 87.89%, suggesting that a significant portion of its funding is directed towards its educational programs rather than administrative costs. The foundation has also implemented policies related to conflict of interest, whistleblower protections, and document retention, further enhancing its operational integrity.

While the overall rating is positive, it is based solely on accountability and finance metrics, with no performance metrics considered. Therefore, users may want to look into additional information regarding the foundation's impact and effectiveness in fulfilling its educational mission.


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

What do the Facebook reviews say about Educational Charter Foundation Of Florida Inc?

94% of 60 reviewers on Facebook recommend the Educational Charter Foundation of Florida Inc. Here's a summary of their comments:

Parents express their satisfaction with the positive impact that this institution has had on their children's education. Many highlight the quality of the administrators and teachers, noting their dedication and support. One parent specifically mentioned their successful transition for their daughter from a previous Montessori school, emphasizing that the quality of education at ISL has met their high expectations.

Overall, the sentiment towards this nonprofit is very positive, with users feeling grateful for the nurturing and effective educational environment provided by the foundation. Many parents believe their children are thriving and are pleased with their experiences.


This AI summary has been generated from reviews found on Facebook.

Is Educational Charter Foundation Of Florida Inc legitimate?

Educational Charter Foundation Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Charter Foundation Of Florida 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,230,869

For more financial information, click here


Official website here: www.imaginesouthlake.org

What is the mission statement of Educational Charter Foundation Of Florida Inc?

The Educational Charter Foundation of Florida Inc is dedicated to delivering elementary education services in Florida as a charter school. Their primary goal is to provide quality education to students within the Lake County area. Through this commitment, they aim to make a positive impact on the academic futures of young learners. The foundation's mission extends beyond just teaching academic subjects; they also focus on creating a nurturing learning environment that fosters personal growth and development. By serving as a charter school, they offer families an alternative educational option, striving to meet the unique needs of each student. Additionally, they collaborate with local resources and community partners to enrich the educational experience and ensure students receive a well-rounded education.


Official website here: www.imaginesouthlake.org

Who is the CEO of Educational Charter Foundation Of Florida Inc?

Kevin Trout is the Chair of Educational Charter Foundation Of Florida Inc.


Official website here: www.imaginesouthlake.org

What is the revenue of Educational Charter Foundation Of Florida Inc?

Educational Charter Foundation Of Florida Inc's revenue in 2023 was $12,566,568.


Official website here: www.imaginesouthlake.org

Who are the executives of Educational Charter Foundation Of Florida Inc and what are their salaries?

The average compensation at Educational Charter Foundation Of Florida Inc during 2023 was $28,900. There are 181 employees and 1000 volunteers at Educational Charter Foundation Of Florida Inc.


Here are 6 key members and their salaries:


Kevin Trout (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verits Lane (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Decker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Cavender (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurizio Landi (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Wesner (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.imaginesouthlake.org

Where can I find the form 990 for Educational Charter Foundation Of Florida Inc?

Educational Charter Foundation Of Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.imaginesouthlake.org

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

Mission Statement of Educational Charter Foundation Of Florida Inc

The Educational Charter Foundation of Florida Inc is a dedicated organization that strives to deliver elementary educational services in Florida as a charter school. With a clear mission, the Foundation aims to make a significant impact on the lives of students in Lake County.

By providing elementary educational services as a charter school, the Educational Charter Foundation of Florida Inc offers an alternative and high-quality educational option for families in the community. The organization's commitment to education is unwavering, as it works tirelessly to ensure every student receives a solid foundation for their future academic and personal growth.

Through its charter school model, the Educational Charter Foundation of Florida Inc fosters a unique learning environment where students can thrive. The organization's dedicated educators and staff work closely with students to facilitate their academic progress and personal development. In this supportive atmosphere, students are encouraged to reach their full potential and grow into confident, engaged members of their communities.

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Impact




October, 2024

Educational Charter Foundation of Florida Inc significantly impacts the community by providing quality elementary educational services in Lake County, Florida. By operating as a charter school, it offers an alternative to traditional public schooling, focusing on tailored educational approaches that meet the diverse needs of its students. This initiative enhances access to education, fosters academic achievement, and nurtures a supportive learning environment, ultimately contributing to the overall development and success of young learners in the region. The foundation's commitment to education empowers families and strengthens the community by ensuring that students receive the foundational skills necessary for future academic endeavors.




This information is meant to be a general summary of Educational Charter Foundation Of Florida 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
$12,566,568 (2023)
Expenses
$12,583,613 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $28,751
  • Program Service Revenue: $11,414,304
  • Gross Receipts: $12,566,568

Assets and Liabilities:

  • Total Assets: $26,923,553
  • Total Liabilities: $25,454,727
  • Net Assets: $1,468,826

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Programs

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

FTE - STATE PER STUDENT FUNDING

Revenue

$9,285,624

FEDERAL FUNDING

Revenue

$1,733,805

LOCAL - FOOD SERVICE

Revenue

$195,400

LOCAL - CHILD CARE

Revenue

$199,475

Organization Details

Founding Year

2003

Principal Officer

Kevin Trout

Main Address

2750 HARTWOOD MARSH ROAD, CLERMONT, FL, 34711

NTEE Category

Code: B24 - Education

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