Overview
What is The Soulsville Charter School Llc?
The Soulsville Charter School Llc is a nonprofit organization situated in Memphis, Tennessee, at 1115 College Street, 38106. Its primary objective is to offer students an enriched learning environment through the operation of school facilities. The school serves as an alternative for students who are not making sufficient progress in their current schools, as per the state's accountability standards. The educational approach at The Soulsville Charter School Llc is rigorous and incorporates a strong focus on arts and music, aiming to create a stimulating learning atmosphere. The organization employs a team of 109 individuals to fulfill its mission.
Official website here: www.soulsvillecharterschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating
The Soulsville Charter School has earned an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts 100% independent board members and a strong audit and oversight committee, suggesting that it operates with a high level of governance and transparency. The financial health is demonstrated by a favorable liabilities to assets ratio and a robust program expense ratio, reflecting its commitment to effectively utilizing funds for its mission.
However, there are some areas of concern. Notably, the organization lacks both a conflict of interest policy and a whistleblower policy, which are critical for maintaining ethical standards and protecting whistleblowers. Additionally, the absence of the tax form on the nonprofit's website may limit transparency for stakeholders looking to verify financial information.
Overall, while The Soulsville Charter School demonstrates strong financial management and governance, addressing these policy gaps could further enhance its credibility and trust among supporters and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is The Soulsville Charter School Llc legitimate?
The Soulsville Charter School Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Soulsville Charter School Llc 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: $98,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,351,431
For more financial information, click here
Official website here: www.soulsvillecharterschool.org
What is the mission statement of The Soulsville Charter School Llc?
The Soulsville Charter School LLC is established to offer alternative educational opportunities for students who are struggling in schools that are not making sufficient progress, as per the state's accountability standards. The school provides rigorous academics in a stimulating learning environment enriched with music and arts. Its mission is to foster academic growth in an engaging and creative setting, aiming to help these students regain their educational footing. The school operates its facilities to ensure a rich and conducive learning environment for its students.
Official website here: www.soulsvillecharterschool.org
What is the revenue of The Soulsville Charter School Llc?
The Soulsville Charter School Llc's revenue in 2024 was $10,755,223.
Official website here: www.soulsvillecharterschool.org
Who are the executives of The Soulsville Charter School Llc and what are their salaries?
The average compensation at The Soulsville Charter School Llc during 2024 was $46,978. There are 116 employees and 25 volunteers at The Soulsville Charter School Llc.
Here are 10 key members and their salaries:
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- Compensation: $90,933
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- Other: $7,107
- Compensation: $114,698
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- Other: $4,814
Official website here: www.soulsvillecharterschool.org
Where can I find the form 990 for The Soulsville Charter School Llc?
The Soulsville Charter School Llc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.soulsvillecharterschool.org
Learn more at the official website: www.soulsvillecharterschool.org
Mission Statement of The Soulsville Charter School Llc
The Soulsville Charter School LLC is committed to providing alternative educational opportunities for students who are struggling to make adequate progress in their current schools, as per the state's accountability standards. Located beyond the scope of this information, the school offers its students a rigorous academic curriculum in an environment enriched with music and arts. This unique learning environment is designed to engage and motivate students, fostering their academic growth and development. By integrating music and arts into the curriculum, the school aims to create a dynamic and stimulating learning environment that caters to the diverse needs and interests of its students. This approach to education allows the school to provide an alternative pathway for students who may have previously found traditional educational settings less conducive to their learning style or progress.
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Impact
August, 2024
The Soulsville Charter School LLC's impact lies in providing alternative educational opportunities for students in schools that are not making adequate progress, as defined by the state's accountability measures. By offering rigorous academics in a music and arts-rich learning environment, the school aims to uplift and empower students who may not thrive in traditional school settings. Through its operation of school facilities, The Soulsville Charter School LLC is making a tangible difference in the lives of young learners in Memphis, TN, and contributing to the enrichment of educational experiences in the community.
This information is meant to be a general summary of The Soulsville Charter School Llc. 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 2024.
- Investment Income: $53,217
- Program Service Revenue: $362,115
- Gross Receipts: $10,760,314
Assets and Liabilities:
- Total Assets: $20,681,726
- Total Liabilities: $10,855,773
- Net Assets: $9,825,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL SERVICES
Revenue
$362,115
Organization Details
Founding Year
2004
Principal Officer
Elizabeth Montgomery Brow
NTEE Category
Code: B29 - Education
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