Overview
What is Rochester Arts & Science Academy Foundation?
The Rochester Arts & Science Academy Foundation is a nonprofit organization situated in Rochester, Minnesota. With a dedicated workforce of 34 individuals, its primary mission is to provide students with an international baccalaureate-based education. This educational approach fosters active learners, cultivating well-rounded individuals and engaged global citizens. The foundation's teachers inspire curiosity, nurturing lifelong inquirers ready to excel in a diverse world. As an International Baccalaureate (IB) World School, the foundation embraces the IB mission and educational model, while simultaneously nurturing individual talents and fostering academic excellence. The community is welcoming and inclusive, offering families an exceptional educational opportunity for their children.
Official website here: www.rasamn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Rochester Arts & Science Academy Foundation has received a solid Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. With a score of 77% overall, the organization demonstrates strong governance practices, including a fully independent board of directors and comprehensive policies in place to address conflicts of interest and whistleblower protections.
Financially, the foundation showcases impressive metrics, highlighted by a program expense ratio of 90.01%, which indicates that a significant portion of its resources is directed towards fulfilling its mission. Furthermore, the organization has no material diversion of assets and maintains a low liabilities-to-assets ratio of 9.02%, reinforcing its financial stability and commitment to transparency.
While the foundation exhibits several strengths in governance and financial management, the overall rating suggests there may be areas for improvement. However, the foundation's commitment to accountability and effective resource allocation is evident, making it a reliable option for potential donors looking to support arts and science education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Arts & Science Academy Foundation legitimate?
Rochester Arts & Science Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Arts & Science Academy Foundation 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: $135,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,437,961
For more financial information, click here
Official website here: www.rasamn.org
What is the mission statement of Rochester Arts & Science Academy Foundation?
The Rochester Arts & Science Academy Foundation aims to foster active learners, well-rounded individuals, and engaged global citizens. Their educators nurture children's natural curiosity, cultivating lifelong inquirers ready to excel in a diverse world. As an International Baccalaureate (IB) World School, they embody the IB mission and educational model, while nurturing individual talents and inspiring academic excellence. The foundation is known for being a caring and accepting community, offering families an exceptional educational opportunity for their children.
Official website here: www.rasamn.org
Who is the CEO of Rochester Arts & Science Academy Foundation?
Elaine Stageberg is the Co-Chair of Rochester Arts & Science Academy Foundation.
Official website here: www.rasamn.org
What is the revenue of Rochester Arts & Science Academy Foundation?
Rochester Arts & Science Academy Foundation's revenue in 2023 was $3,147,121.
Official website here: www.rasamn.org
Who are the executives of Rochester Arts & Science Academy Foundation and what are their salaries?
The average compensation at Rochester Arts & Science Academy Foundation during 2023 was $46,292. There are 34 employees and 50 volunteers at Rochester Arts & Science Academy Foundation.
Here are 12 key members and their salaries:
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Official website here: www.rasamn.org
Where can I find the form 990 for Rochester Arts & Science Academy Foundation?
Rochester Arts & Science Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rasamn.org
Learn more at the official website: www.rasamn.org
Mission Statement of Rochester Arts & Science Academy Foundation
The Rochester Arts & Science Academy Foundation is committed to fostering active learners, well-rounded individuals, and engaged global citizens. They achieve this by nurturing the natural curiosity of children, transforming them into lifelong inquirers who are well-equipped to navigate a diverse world. As an International Baccalaureate (IB) World School, the foundation embraces the IB mission and educational model, while also promoting individual talents and inspiring academic excellence. The Rochester Arts & Science Academy Foundation is recognized as a caring and inclusive community, offering families an exceptional educational opportunity for their children.
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Impact
October, 2024
The Rochester Arts & Science Academy Foundation fosters the development of active learners and engaged global citizens. By leveraging the principles of the International Baccalaureate (IB) program, it nurtures children's natural curiosity, transforming it into a lifelong inquiry that prepares them for success in a diverse world. The foundation cultivates well-rounded individuals by inspiring academic excellence and nurturing individual talents, creating an enriching educational environment. This caring and accepting community provides families with exceptional opportunities for their children's growth, ensuring they emerge as informed and responsible members of society.
This information is meant to be a general summary of Rochester Arts & Science Academy Foundation. 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 2023.
- Investment Income: $2,409
- Program Service Revenue: $3,016,411
- Gross Receipts: $3,160,979
Assets and Liabilities:
- Total Assets: $1,353,309
- Total Liabilities: $122,192
- Net Assets: $1,231,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$3,016,411
Organization Details
Founding Year
2007
Phone
(507) 206-4646Principal Officer
Elaine Stageberg
Main Address
2521 PENNINGTON DR NW, ROCHESTER, MN, 55901
Website
www.rasamn.orgNTEE Category
Code: B24 - Education
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