Overview
What is Greathearts Arizona?
Greathearts Arizona is a non-profit network of public charter schools committed to enhancing education nationwide through classical preparatory K-12 academies. With a curriculum rooted in the classical liberal arts tradition, Greathearts Arizona goes beyond just preparing students to excel in tests. Instead, they aim to cultivate great-hearted leaders capable of achieving success in their higher education and professional careers. The organization, headquartered in Phoenix, Arizona, boasts a workforce of over 2,500 employees dedicated to this mission. By fostering an educational approach that encourages the pursuit of truth, goodness, and beauty, Greathearts Arizona contributes to the holistic growth and development of students.
Official website here: www.greatheartsaz.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Greathearts Arizona has received a Three-Star rating from Charity Navigator, reflecting a decent level of accountability and financial management. The rating is based solely on the Accountability & Finance beacon score, which encompasses various criteria that demonstrate the organization's commitment to transparency and effective use of resources.
The organization excels in several key areas, including having a fully independent board, strong financial oversight, and a high program expense ratio of 86.16%. These factors indicate that Greathearts Arizona effectively allocates its funds towards its mission, with no reported material diversion of assets. Additionally, the presence of comprehensive policies related to conflicts of interest, whistleblower protection, and document retention further supports the organization's governance framework.
However, a notable limitation in the rating arises from its liabilities to assets ratio, which received no points. This indicates potential concerns regarding financial stability or risk management. Overall, while Greathearts Arizona demonstrates strong accountability, stakeholders may want to consider this financial aspect when evaluating the nonprofit's overall health.
This AI summary has been generated from information found on Charity Navigator.
Is Greathearts Arizona legitimate?
Greathearts Arizona is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greathearts Arizona 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: $336,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,319,631
For more financial information, click here
Official website here: www.greatheartsaz.org
What is the mission statement of Greathearts Arizona?
Great Hearts is a network of public charter schools dedicated to enhancing education nationwide through classical preparatory K-12 academies. The organization goes beyond producing proficient test-takers, focusing instead on cultivating great-hearted leaders capable of success in higher education and professional careers. With a curriculum grounded in the classical liberal arts tradition and a pioneering approach to education, Great Hearts inspires students to seek truth, goodness, and beauty in their pursuit of knowledge. The mission of Great Hearts is to improve education by nurturing the hearts and minds of students in their quest for personal growth and intellectual development.
Official website here: www.greatheartsaz.org
Who is the CEO of Greathearts Arizona?
Ron Zoromski is the Vice Chairma of Greathearts Arizona.
Official website here: www.greatheartsaz.org
What is the revenue of Greathearts Arizona?
Greathearts Arizona's revenue in 2022 was $36,188,185.
Official website here: www.greatheartsaz.org
Who are the executives of Greathearts Arizona and what are their salaries?
The average compensation at Greathearts Arizona during 2022 was $2,977. There are 2572 employees at Greathearts Arizona.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $310,692
- Other: $20,721
- Compensation: $200,040
- Related: $0
- Other: $16,648
- Compensation: $146,974
- Related: $0
- Other: $19,349
- Compensation: $136,610
- Related: $0
- Other: $15,416
- Compensation: $148,948
- Related: $0
- Other: $3,063
- Compensation: $139,918
- Related: $0
- Other: $9,094
- Compensation: $133,235
- Related: $0
- Other: $3,191
- Compensation: $102,910
- Related: $0
- Other: $8,276
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.greatheartsaz.org
Where can I find the form 990 for Greathearts Arizona?
Greathearts Arizona's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatheartsaz.org
Learn more at the official website: www.greatheartsaz.org
Mission Statement of Greathearts Arizona
Great Hearts Arizona is a non-profit network of public charter schools dedicated to enhancing education nationwide through classical preparatory K-12 academies. The organization's mission goes beyond producing proficient test-takers, instead, focusing on nurturing great-hearted leaders capable of achieving success in their higher education and professional careers. With a curriculum rooted in the classical liberal arts tradition and a revolutionary approach to education itself, Great Hearts Arizona fosters the hearts and minds of students in their quest for truth, goodness, and beauty.
Great Hearts Arizona's educational philosophy emphasizes the importance of imparting not just academic knowledge but also essential qualities such as critical thinking, effective communication, and moral values. The organization's innovative approach to teaching transcends the traditional classroom setting, aiming to create a learning environment that inspires students to explore their passions and reach their full potential. By cultivating well-rounded individuals, Great Hearts Arizona aspires to contribute to a more enlightened society.
Great Hearts Arizona's commitment to improving education extends beyond its students. The organization's classical liberal arts curriculum is designed to equip students with the necessary skills and knowledge to engage with the world around them, fostering a lifelong love for learning. By preparing students to become great-hearted leaders, Great Hearts Arizona is making a significant impact on the future of education and shaping the next generation of thinkers and innovators.
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Impact
October, 2024
Great Hearts Arizona significantly impacts education by fostering the development of well-rounded students who are equipped not just for academic success, but for life beyond school. Through its classical preparatory K-12 academies, it emphasizes a curriculum rooted in the liberal arts tradition, guiding students in the pursuit of truth, goodness, and beauty.
This approach nurtures critical thinking, effective communication, and ethical reasoning, preparing students to excel in higher education and their professional careers. By prioritizing the cultivation of character and leadership skills, Great Hearts Arizona not only enhances individual student outcomes but also contributes to the broader community by shaping thoughtful and engaged citizens. In doing so, it transforms the educational landscape, promoting a deeper understanding of the world and fostering a commitment to lifelong learning.
This information is meant to be a general summary of Greathearts Arizona. 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 2022.
- Investment Income: $58,390
- Program Service Revenue: $32,178,234
- Gross Receipts: $36,249,414
Assets and Liabilities:
- Total Assets: $267,753,850
- Total Liabilities: $262,721,518
- Net Assets: $5,032,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$16,373,158
MANAGEMENT FEES
Revenue
$12,156,062
CO-CURRICULAR ACTIVITIES
Revenue
$2,851,841
FACILITIES SUPPORT SERVICES
Revenue
$797,173
Organization Details
Founding Year
2004
Phone
(602) 386-1881Principal Officer
Ron Zoromski
Main Address
4801 E WASHINGTON STREET SUITE 250, PHOENIX, AZ, 85034
Website
www.greatheartsaz.orgNTEE Category
Code: B022 - Education
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