Overview
What is Richard Allen Development And Improvement Organization?
Richard Allen Development and Improvement Organization is a nonprofit entity based in Philadelphia, Pennsylvania. Its primary mission is to contribute to education by leasing school facilities to Richard Allen Preparatory Charter School, a charter school operating under IRC Section 501(c)(3). The leased facilities include land, buildings, and improvements, providing a conducive learning environment for children in grades 5 through 8. The organization's role in public education is significant, as it contributes to the provision of educational facilities, thereby supporting the educational journey of young learners.
Is Richard Allen Development And Improvement Organization legitimate?
Richard Allen Development And Improvement Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard Allen Development And Improvement Organization 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
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What is the mission statement of Richard Allen Development And Improvement Organization?
The Richard Allen Development and Improvement Organization's primary role is to provide educational facilities for Richard Allen Preparatory Charter School. This includes leasing land, buildings, and improvements to the school. The organization is committed to supporting an entity operating a public charter school for children in grades 5 through 8, which falls under the category of 501(c)(3) non-profit organizations. The school, with an EIN of 23-3085452, operates a public charter school, providing education to its students.
Who is the CEO of Richard Allen Development And Improvement Organization?
Lawrence F Jones Jr is the CEO of Richard Allen Development And Improvement Organization The CEO's salary of Richard Allen Development And Improvement Organization is $0 and their total compensation is $0.
What is the revenue of Richard Allen Development And Improvement Organization?
Richard Allen Development And Improvement Organization's revenue in 2024 was $558,363.
Who are the executives of Richard Allen Development And Improvement Organization and what are their salaries?
Here are 3 key members and their salaries (Richard Allen Development And Improvement Organization's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Richard Allen Development And Improvement Organization?
Richard Allen Development And Improvement Organization's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Richard Allen Development And Improvement Organization
Richard Allen Development and Improvement Organization, in essence, serves as a provider of educational facilities for Richard Allen Preparatory Charter School. This nonprofit organization, through its mission, leases out land, buildings, and improvements to the charter school, which is a nonprofit entity itself, as per the Internal Revenue Code Section 501(c)(3) with an EIN of 23-3085452. The school operates a public charter school for children in grades 5 through 8, utilizing these facilities provided by the organization. In simple terms, Richard Allen Development and Improvement Organization plays a crucial role in supporting the educational needs of the community by providing a physical space for the Richard Allen Preparatory Charter School to operate and serve its students.
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Impact
October, 2024
Richard Allen Development And Improvement Organization plays a crucial role in supporting educational initiatives by providing essential facilities for Richard Allen Preparatory Charter School in Philadelphia. By owning and leasing school properties, the organization ensures that the charter school has access to the land, buildings, and improvements necessary for a conducive learning environment for students in grades 5 through 8.
The organization's commitment significantly impacts the community by enhancing educational opportunities, fostering academic achievement, and promoting the development of young minds. By enabling the operation of a public charter school, it contributes to diversifying educational choices available to families and supports the academic growth of children in the area. This focus on providing quality educational facilities helps build a brighter future for students and strengthens the community as a whole.
This information is meant to be a general summary of Richard Allen Development And Improvement Organization. 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: $70,653
- Program Service Revenue: $487,710
- Gross Receipts: $558,363
Assets and Liabilities:
- Total Assets: $4,987,321
- Total Liabilities: $4,700,478
- Net Assets: $286,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$487,710
Organization Details
Founding Year
2005
Principal Officer
Lawrence F Jones Jr
NTEE Category
Code: B112 - Education
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