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The Einstein Group Inc

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

EIN: 200913967 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Einstein Group Inc?

The Einstein Group Inc, situated in New Orleans, Louisiana (70128, Maid Marion Drive), is a distinguished nonprofit organization dedicated to providing tuition-free education for students in Orleans Parish, focusing on grades Pre-Kindergarten through Eighth. Their educational program is unique, with a curriculum emphasizing Math and Science. During the 2021-2022 school year, they proudly served 1,561 students, earning recognition as a model for expanding charter school networks catering to high poverty, high needs students. The organization has a workforce of 295 employees. Their mission goes beyond academic excellence, as they aim to foster students' social and emotional resilience. Einstein Charter School is renowned for its achievements, such as the Chevron Project Lead The Way's Distinguished School Award in 2017-18, the only school in Louisiana to receive this honor.


Official website here: www.einsteincharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Einstein Group Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The overall score is based solely on the organization’s accountability and finance metrics, indicating a robust financial management structure. With a 96% score in this category, the organization demonstrates a high level of transparency and effective governance.

Key strengths include having a fully independent board, which is crucial for impartial decision-making. The organization scored 100% for having a majority of independent board members and received top marks for its financial oversight, including its audit and whistleblower policies. Furthermore, a significant portion of its expenses, 74.47%, is dedicated to its programs, showcasing a commitment to its mission.

While the data highlights substantial strengths, it does not provide insights into the organization's programmatic impact or community feedback. This lack of qualitative information may limit a comprehensive understanding of how effectively The Einstein Group fulfills its mission beyond financial accountability. Overall, it stands out as a well-managed nonprofit organization.


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

Is The Einstein Group Inc legitimate?

The Einstein Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Einstein Group 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: $1,116,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,760,716

For more financial information, click here


Official website here: www.einsteincharter.org

What is the mission statement of The Einstein Group Inc?

The Einstein Group Inc is dedicated to providing tuition-free, quality education to students in pre-kindergarten through eighth grade. Their curriculum focuses on math and science. The organization aims to nurture students academically, as well as socially and emotionally, to help them develop resilience. During the 2021-2022 school year, they served 1,561 students in Orleans Parish. They have been recognized as a model for expanding charter school networks serving high-poverty, high-needs students. The school serves a significant portion of English language learners within the system. Notable achievements include Einstein Charter Elementary School at Village de L'Est earning the Chevron Project Lead the Way's Distinguished School Award for 2017-18, the only school in Louisiana to receive this recognition.


Official website here: www.einsteincharter.org

Who is the CEO of The Einstein Group Inc?

Dr Raymond Delaney is the Board Member of The Einstein Group Inc. The CEO's salary of The Einstein Group Inc is $84,475 and their total compensation is $91,128.


Official website here: www.einsteincharter.org

What is the revenue of The Einstein Group Inc?

The Einstein Group Inc's revenue in 2022 was $27,081,942.


Official website here: www.einsteincharter.org

Who are the executives of The Einstein Group Inc and what are their salaries?

The average compensation at The Einstein Group Inc during 2022 was $40,260. There are 295 employees at The Einstein Group Inc.


Here are 14 key members and their salaries (The Einstein Group Inc's CEO's salary is $84,475 and their total compensation is $91,128):


Durrell Laurent (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarice T Kirkland (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rochelle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Narcisse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Vance (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maya Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Raymond Delaney (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mckenzie Resigned 2020-2021 (Ceo)
  • Compensation: $84,475
  • Related: $0
  • Other: $6,653
Lakenya Collins (Cfo)
  • Compensation: $39,769
  • Related: $0
  • Other: $5,985
Ashley Daniels (Ceo)
  • Compensation: $158,965
  • Related: $0
  • Other: $19,634
Shimon Ancker (Director Of Special Projec)
  • Compensation: $91,136
  • Related: $0
  • Other: $16,074
Teisha Goudeau (Student Life Director)
  • Compensation: $97,298
  • Related: $0
  • Other: $16,585
Long Nguyen (Executive Dirctor Of Opera)
  • Compensation: $90,157
  • Related: $0
  • Other: $16,060
Danielle Vappie (Cao)
  • Compensation: $118,245
  • Related: $0
  • Other: $8,782


Official website here: www.einsteincharter.org

Where can I find the form 990 for The Einstein Group Inc?

The Einstein Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.einsteincharter.org

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

Mission Statement of The Einstein Group Inc

The Einstein Group Inc, a leading nonprofit organization, is dedicated to providing tuition-free, quality education to students in Orléans Parish, focusing on grades pre-kindergarten through eighth. With a curriculum specialized in math and science, this institution serves over 1,500 students each year, fostering academic excellence.

Beyond academic growth, The Einstein Group Inc strives to nurture students into socially and emotionally resilient individuals. The organization's mission is twofold: first, to equip students with a strong foundation in math and science, and second, to help them develop the essential skills required for emotional and social well-being.

The Einstein Charter School, a project of The Einstein Group Inc, has been recognized for its achievements, earning the Chevron Project Lead The Way's Distinguished School Award for 2017-18, a notable milestone for the organization. This accolade signifies The Einstein Group Inc's commitment to providing an exceptional learning experience and its position as a model for expanding charter school networks serving high-poverty, high-needs students. Additionally, the organization serves well over half of all English language learners in the Orleans Parish School Board system, further demonstrating its dedication to inclusivity and access for all students.

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Impact




October, 2024

The Einstein Group Inc significantly impacts the educational landscape in Orleans Parish by providing tuition-free, high-quality education focused on math and science for students from pre-kindergarten through eighth grade. The Einstein Charter School, serving 1,561 students during the 2021-2022 school year, has become a beacon of educational excellence in the Michoud community of New Orleans East.

Recognized as a model for expanding charter school networks, the school particularly addresses the needs of high-poverty students and those requiring additional language support, with over half of its enrollment comprising English language learners. This commitment to inclusivity and excellence has garnered significant recognition, as evidenced by the Chevron Project Lead The Way's Distinguished School Award for the Einstein Charter Elementary School at Village de L'Est, the only institution in Louisiana to receive this honor in 2017-18.

The mission of nurturing students to be both academically strong and socially and emotionally resilient underscores the holistic approach of The Einstein Group Inc, equipping students not only with essential knowledge but also with the skills necessary to thrive in their personal and academic lives. Through its specialized curriculum and dedicated service to high-need communities, The Einstein Group Inc plays a crucial role in shaping the futures of its students and promoting educational equity in the region.




This information is meant to be a general summary of The Einstein Group 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
$27,081,942 (2022)
Expenses
$22,973,494 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,243,389
  • Gross Receipts: $27,081,942

Assets and Liabilities:

  • Total Assets: $10,890,397
  • Total Liabilities: $2,214,331
  • Net Assets: $8,676,066

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Programs

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

FOOD SERVICE REVENUE

Revenue

$1,243,389

Organization Details

Founding Year

2004

Principal Officer

Dr Raymond Delaney

Main Address

4801 MAID MARION DRIVE, NEW ORLEANS, LA, 70128

NTEE Category

Code: B29 - Education

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