Overview
What is Success Academy Charter Schools Inc?
Success Academy Charter Schools Inc, based in New York City, is a nonprofit organization dedicated to providing high-quality education to children in the NYC area. They offer management and administrative support services to thirty-four distinct charter schools located within the Bronx, Brooklyn, and Manhattan boroughs. The organization's activities include hiring educational consultants, researching successful K-12 schools, creating replication plans, and providing resources to new charter schools. Additionally, they conduct research on policies that increase educational opportunities and support organizations with similar goals. Success Academy Charter Schools Inc aims to give children the knowledge, skills, character, and the resources they need to meet and exceed New York State standards and succeed in school, college, and the competitive global economy. Their team of 502 employees is committed to this mission.
Official website here: www.successacademies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
Success Academy Charter Schools Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The rating reflects a high score of 90%, which is based entirely on their accountability and financial practices. This score suggests that the organization operates with transparency and sound financial management.
The nonprofit demonstrates several strengths, including a fully independent board of directors and a robust financial oversight structure. The organization has no material diversions of assets, and all essential policies, like conflict of interest and whistleblower protections, are in place and publicly available. Moreover, their program expense ratio of 81.93% indicates that a significant portion of their funds is directed towards their educational programs.
There are no noted limitations in the data provided, suggesting that Success Academy Charter Schools Inc maintains high standards in governance and operational effectiveness. Overall, the nonprofit appears to be in good standing, committed to its mission with transparent practices that build trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Success Academy Charter Schools Inc legitimate?
Success Academy Charter Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Success Academy Charter Schools 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: $2,840,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,080,071
For more financial information, click here
Official website here: www.successacademies.org
What is the mission statement of Success Academy Charter Schools Inc?
Success Academy Charter Schools Inc is dedicated to providing children in New York City with an exceptionally high-quality education. This mission equips students with the necessary knowledge, skills, character, and disposition to not only meet and exceed New York State standards but also succeed and lead in school, college, and a competitive global economy. The organization offers various services to support schools, including hiring educational consultants, researching successful educational characteristics, creating and implementing replication plans, and providing resources to new charter schools. Additionally, Success Academy Charter Schools Inc conducts research on policies that expand educational opportunities and supports organizations with similar goals. They also offer additional support to students within their network and those in need, fostering academic excellence.
Official website here: www.successacademies.org
Who is the CEO of Success Academy Charter Schools Inc?
Eva Moskowitz is the Chief Executive Officer of Success Academy Charter Schools Inc. The CEO's salary of Success Academy Charter Schools Inc is $184,149 and their total compensation is $985,730.
Official website here: www.successacademies.org
What is the revenue of Success Academy Charter Schools Inc?
Success Academy Charter Schools Inc's revenue in 2022 was $188,955,703.
Official website here: www.successacademies.org
Who are the executives of Success Academy Charter Schools Inc and what are their salaries?
The average compensation at Success Academy Charter Schools Inc during 2022 was $85,499. There are 502 employees and 493 volunteers at Success Academy Charter Schools Inc.
Here are 31 key members and their salaries (Success Academy Charter Schools Inc's CEO's salary is $184,149 and their total compensation is $985,730):
- Compensation: $184,149
- Related: $767,500
- Other: $34,081
- Compensation: $490,080
- Related: $0
- Other: $30,569
- Compensation: $496,250
- Related: $0
- Other: $19,610
- Compensation: $409,755
- Related: $0
- Other: $15,725
- Compensation: $375,883
- Related: $0
- Other: $42,950
- Compensation: $366,740
- Related: $0
- Other: $21,127
- Compensation: $368,664
- Related: $0
- Other: $15,853
- Compensation: $310,317
- Related: $0
- Other: $17,849
- Compensation: $277,554
- Related: $0
- Other: $13,220
- Compensation: $259,191
- Related: $0
- Other: $14,654
- Compensation: $232,589
- Related: $0
- Other: $34,223
- Compensation: $235,449
- Related: $0
- Other: $10,722
- Compensation: $175,176
- Related: $0
- Other: $31,376
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Official website here: www.successacademies.org
Where can I find the form 990 for Success Academy Charter Schools Inc?
Success Academy Charter Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.successacademies.org
Learn more at the official website: www.successacademies.org
Mission Statement of Success Academy Charter Schools Inc
Success Academy Charter Schools Inc is a mission-driven organization dedicated to providing children in New York City with an exceptional quality education. This education equips children with the essential knowledge, skills, character, and disposition to exceed New York State standards and succeed in school, college, and the competitive global economy.
The organization offers various supportive services to thirty-four distinct charter schools within the boundaries of the Bronx, Brooklyn, and Manhattan boroughs of New York City. One of these activities includes hiring educational consultants and staff to advise on school development. Success Academy Charter Schools Inc also conducts research to document successful characteristics of K-12 schools, such as those affiliated with their network, and creates and implements a plan for the replication of Success Academies.
Additionally, the organization provides resources to new charter schools, including assistance in recruiting leadership, administration, and staff, as well as fostering the development of shared services, curricula, and facilities. Success Academy Charter Schools Inc is also involved in researching policies that can expand educational opportunities for all children, particularly those related to charter schools. They support educational organizations with similar goals and offer additional support to students within their network or students in need to help them achieve academic excellence. The organization's various activities aim to promote educational achievement and provide children with the foundation they need to succeed.
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Impact
October, 2024
Success Academy Charter Schools Inc. has a significant impact on education in New York City by delivering high-quality education to students in the Bronx, Brooklyn, and Manhattan. The organization operates a network of 34 distinct charter schools, focusing on equipping children with the knowledge, skills, and character required to excel academically and meet or exceed New York State standards.
The organization employs educational consultants and staff who provide critical guidance in developing effective school environments. Through research and documentation, Success Academy identifies and disseminates successful educational practices, creating a model for the replication of its schools. It also plays a vital role in supporting the establishment of new charter schools by assisting in leadership recruitment, student enrollment, and the development of shared resources and curricula.
In addition to its operational support, Success Academy conducts research on educational policies that enhance opportunities for all children, advocating for reforms that promote educational equity. The network also prioritizes additional support for students with specific needs, ensuring that all children within the system have access to academic excellence.
Overall, Success Academy is dedicated to fostering an educational landscape where all students are empowered to succeed and lead, contributing to their preparedness for school, higher education, and a competitive global economy.
This information is meant to be a general summary of Success Academy Charter Schools 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $745,883
- Program Service Revenue: $63,860,044
- Gross Receipts: $213,663,161
Assets and Liabilities:
- Total Assets: $274,485,406
- Total Liabilities: $94,726,032
- Net Assets: $179,759,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$63,860,044
Organization Details
Founding Year
2006
Phone
(646) 277-7170Principal Officer
Eva Moskowitz
Main Address
95 PINE STREET 6TH FLOOR, NEW YORK, NY, 10005
Website
www.successacademies.orgNTEE Category
Code: B990 - Education
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