Overview
What is School Facility Development Inc?
School Facility Development Inc, based in Pittsburgh, Pennsylvania, is a nonprofit organization that specializes in renting out school facilities to nonprofit charter schools. Their primary mission revolves around providing necessary educational spaces for these charter schools, thereby contributing to the overall growth and development of these institutions. This organization plays an essential role in supporting the educational needs of nonprofit charter schools in the community, thereby enhancing access to quality education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
School Facility Development Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement despite scoring 71% overall. The organization demonstrates strong accountability and finance practices, with a perfect score in key areas such as independent board members and financial oversight. This reflects a commitment to ethical governance and effective management of resources.
However, the organization faces challenges related to transparency, specifically the absence of a whistleblower policy and missing documentation on retention and destruction practices. Additionally, the liabilities to assets ratio highlights potential financial vulnerabilities, which could raise concerns among donors and stakeholders. While the program expense ratio is commendable, indicating that all expenses are directed towards programs, the lack of certain policies and transparency in financial reporting suggests that the organization has room for growth in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is School Facility Development Inc legitimate?
School Facility Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. School Facility Development 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: $0
For more financial information, click here
What is the mission statement of School Facility Development Inc?
School Facility Development Inc's mission revolves around providing rental spaces for nonprofit charter schools. Their primary objective is to support the educational needs of these institutions by offering suitable facilities. This service aids in the smooth operation of these charter schools, ultimately contributing to the educational landscape. By offering these facilities, School Facility Development Inc plays a role in fostering quality education within the nonprofit sector.
Who is the CEO of School Facility Development Inc?
Larry A Mckee is the President of School Facility Development Inc.
What is the revenue of School Facility Development Inc?
School Facility Development Inc's revenue in 2023 was $2,007,230.
Who are the executives of School Facility Development Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for School Facility Development Inc?
School Facility Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of School Facility Development Inc
School Facility Development Inc, as its mission statement suggests, is primarily dedicated to leasing out school facilities to nonprofit charter schools. This organization plays a crucial role in providing these educational institutions with the necessary spaces to operate and serve their communities. By doing so, School Facility Development Inc contributes to the growth and expansion of nonprofit charter schools, thereby enhancing educational opportunities for countless students. The organization's mission is instrumental in bridging the gap between the availability of school facilities and the needs of nonprofit charter schools, thereby promoting quality education and community development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
School Facility Development Inc plays a crucial role in enhancing educational opportunities by providing rental spaces for nonprofit charter schools in Pittsburgh, PA. This organization facilitates access to quality facilities that might otherwise be unavailable to these schools, allowing them to focus on their educational missions without the burden of high real estate costs. By bridging the gap between charter schools and suitable learning environments, School Facility Development Inc fosters a collaborative educational ecosystem that supports innovation and growth within the charter school sector. Their efforts contribute significantly to improving the overall educational landscape, making a tangible impact on the communities they serve.
This information is meant to be a general summary of School Facility Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $39,659
- Program Service Revenue: $1,967,571
- Gross Receipts: $2,007,230
Assets and Liabilities:
- Total Assets: $19,999,223
- Total Liabilities: $16,025,312
- Net Assets: $3,973,911
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent of bldgs to non profit Charter Schools
Revenue
$1,967,571
Organization Details
Founding Year
2003
Phone
(412) 478-3132Principal Officer
Larry A Mckee
Main Address
444 Liberty Ave Four Gateway Ctr, Pittsburgh, PA, 15222
NTEE Category
Code: B02 - Education
If you are a representative of School Facility Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.