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Namaste Charter 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: 200285795 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Namaste Charter School Inc?

Namaste Charter School Inc is a nonprofit educational institution situated in Chicago, Illinois. Serving students from kindergarten to grade eight, the school had 441 enrolled students as of June 30, 2022. The primary goal of Namaste Charter School Inc is to provide both educational and community opportunities to its young learners within the city of Chicago. With a workforce of 80 dedicated individuals, the school is committed to fostering an environment that empowers its students through quality education.


Official website here: www.namastecharterschool.org

What are the reviews and ratings of this charity?

Namaste Charter School Inc has earned an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 96%. This high rating indicates strong accountability and financial health, primarily derived from its perfect scores in various financial metrics, including 81.73% of expenses directed towards programs.

The organization boasts an entirely independent board of directors, which enhances its governance. Key financial practices are notably robust, featuring a comprehensive audit and oversight committee as well as solid tax form disclosures. With a manageable liabilities to assets ratio, Namaste Charter School demonstrates prudent financial management.

Unfortunately, current data does not include user reviews from GreatNonprofits, which limits insights into community sentiment and personal experiences. Overall, the financial stability and governance structure of Namaste Charter School position it as a reliable nonprofit in the education sector.


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

Is Namaste Charter School Inc legitimate?

Namaste Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Namaste Charter 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: $180,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,190,286

For more financial information, click here


Official website here: www.namastecharterschool.org

What is the mission statement of Namaste Charter School Inc?

Namaste Charter School Inc is committed to offering educational and community opportunities to children in grades kindergarten through eight. Their mission is to provide a nurturing environment that fosters learning and growth, aiming to equip students with the necessary skills and knowledge for their future. The school strives to create a supportive community where students can thrive academically and socially. During the fiscal year ending June 30, 2022, Namaste Charter School served 441 students.


Official website here: www.namastecharterschool.org

Who is the CEO of Namaste Charter School Inc?

Jim O'Toole is the President of Namaste Charter School Inc.


Official website here: www.namastecharterschool.org

What is the revenue of Namaste Charter School Inc?

Namaste Charter School Inc's revenue in 2022 was $7,574,915.


Official website here: www.namastecharterschool.org

Who are the executives of Namaste Charter School Inc and what are their salaries?

The average compensation at Namaste Charter School Inc during 2022 was $54,637. There are 80 employees and 8 volunteers at Namaste Charter School Inc.


Here are 10 key members and their salaries:


Jim O'Toole (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michel Mahaffey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
R James Scott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martins Adeoye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Decanay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maricela Herrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Narvaez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Slade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Shaw (Executive Director - Term)
  • Compensation: $150,297
  • Related: $0
  • Other: $10,187
Rocio Tovar (Principal)
  • Compensation: $96,506
  • Related: $0
  • Other: $9,757


Official website here: www.namastecharterschool.org

Where can I find the form 990 for Namaste Charter School Inc?

Namaste Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.namastecharterschool.org

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

Mission Statement of Namaste Charter School Inc

Namaste Charter School Inc, as stated in its mission description, is committed to providing educational and community opportunities for children in grades kindergarten through eight. This mission is aimed at nurturing the intellectual growth and overall development of these young learners, offering them a well-rounded educational experience. The school serves as a vital resource for these students, offering them a conducive learning environment where they can explore their interests and potentials. During the year ended June 30, 2022, Namaste Charter School Inc served 441 students, demonstrating its commitment to making quality education accessible to a significant number of children in the community.

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Impact




October, 2024

Namaste Charter School Inc positively impacts the Chicago community by providing educational and community opportunities to children in grades kindergarten through eight. Serving 441 students during the year ended June 30, 2022, the school emphasizes a holistic approach to education, fostering both academic and personal growth. By focusing on a well-rounded curriculum, Namaste Charter School aims to equip students with the knowledge, skills, and values necessary for their future success, while also promoting a sense of community and belonging within the school environment.




This information is meant to be a general summary of Namaste Charter 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
$7,574,915 (2022)
Expenses
$7,472,211 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50,747
  • Program Service Revenue: $359,328
  • Gross Receipts: $7,668,176

Assets and Liabilities:

  • Total Assets: $8,547,071
  • Total Liabilities: $1,502,877
  • Net Assets: $7,044,194

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Programs

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

FOOD PROGRAM FEES

Revenue

$348,611

STUDENT FEES

Revenue

$10,717

Organization Details

Founding Year

2004

Principal Officer

Jim O'Toole

Main Address

3737 SOUTH PAULINA, CHICAGO, IL, 60609

NTEE Category

Code: B29 - Education

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