Overview
What is Algiers Charter School Association?
The Algiers Charter School Association is a nonprofit organization based in New Orleans, Louisiana. They have established charter schools in partnership with the Orleans Parish School Board to cater to families seeking educational alternatives and enhance the quality of education for students in one elementary and one secondary public school within the city. The organization, with a workforce of 319 employees, provides expeditious and efficient educational services through these charter schools.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Algiers Charter School Association has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. This high score is a result of a strong emphasis on financial oversight, with a perfect score in various essential criteria, indicating robust governance practices. The organization boasts a fully independent board and effective financial management, assuring donors of its commitment to transparency.
Strengths of the organization include a high program expense ratio of 91.62%, which demonstrates that a substantial portion of its funds is directed towards its educational programs rather than administrative costs. Additionally, the absence of any material diversion of assets and the presence of comprehensive policies for conflict of interest and whistleblower protection further enhance its credibility and trustworthiness.
While the ratings are overwhelmingly positive, a limitation may arise from a lack of information about other operational aspects outside of financial accountability. However, the current data strongly suggests that Algiers Charter School Association is a well-managed nonprofit that prioritizes its mission and responsibly utilizes its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Algiers Charter School Association legitimate?
Algiers Charter School Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Algiers Charter School Association 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: $864,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,844,269
For more financial information, click here
What is the mission statement of Algiers Charter School Association?
The Algiers Charter School Association aims to cater to families seeking educational alternatives to enhance the quality of education for their students. In partnership with the Orleans Parish School Board, they have established charter schools to address this need. Through this charter school structure, they provide expeditious and efficient educational services in one elementary and one secondary public school. Their mission is geared towards improving education for students by establishing and managing these charter schools.
Who is the CEO of Algiers Charter School Association?
Renae Montegut is the Board Member of Algiers Charter School Association. The CEO's salary of Algiers Charter School Association is $148,761 and their total compensation is $193,825.
What is the revenue of Algiers Charter School Association?
Algiers Charter School Association's revenue in 2022 was $29,241,464.
Who are the executives of Algiers Charter School Association and what are their salaries?
The average compensation at Algiers Charter School Association during 2022 was $36,703. There are 319 employees and 10 volunteers at Algiers Charter School Association.
Here are 14 key members and their salaries (Algiers Charter School Association's CEO's salary is $148,761 and their total compensation is $193,825):
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- Compensation: $111,403
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- Other: $41,354
- Compensation: $148,761
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- Other: $45,064
- Compensation: $131,100
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- Other: $33,850
- Compensation: $128,781
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- Other: $39,863
- Compensation: $133,412
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- Other: $34,503
- Compensation: $110,171
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- Other: $37,053
- Compensation: $100,380
- Related: $0
- Other: $31,957
Where can I find the form 990 for Algiers Charter School Association?
Algiers Charter School Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Algiers Charter School Association
The Algiers Charter School Association, a notable educational institution, has embarked on a mission to cater to the educational requirements of families seeking alternatives to enhance the quality of education for their students. In collaboration with the Orleans Parish School Board, this organization has established charter schools to address the educational needs of families in New Orleans.
Through the charter school structure, the Algiers Charter School Association provides a range of educational services in one elementary and one secondary public school. The association's primary objective is to expeditiously and efficiently educate students to improve their overall learning experience. By working closely with the Orleans Parish School Board, the Algiers Charter School Association aims to provide families with alternative educational opportunities that meet their unique needs and help students reach their full potential.
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Impact
October, 2024
The Algiers Charter School Association significantly enhances educational opportunities in New Orleans by establishing charter schools that cater to the diverse needs of families seeking alternatives to traditional education. By operating both elementary and secondary public schools, the Association focuses on improving the quality of education for students within the community. Their commitment to providing tailored educational services allows for a more efficient and effective learning experience, ultimately fostering academic success and empowering students to reach their full potential. Through these efforts, the Association not only addresses local educational needs but also contributes to the broader goal of enhancing the overall quality of education in the region.
This information is meant to be a general summary of Algiers Charter School Association. 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: $14,376
- Gross Receipts: $29,241,464
Assets and Liabilities:
- Total Assets: $13,426,858
- Total Liabilities: $1,897,873
- Net Assets: $11,528,985
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Organization Details
Founding Year
2005
Phone
(504) 302-7001Principal Officer
Renae Montegut
Main Address
2401 WESTBEND PARKWAY, NEW ORLEANS, LA, 70114
NTEE Category
Code: B29 - Education
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