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Candeo Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208654135 ✦ Peoria, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Candeo Schools Inc?

Candeo Schools Inc, located in Peoria, Arizona, is a nonprofit organization dedicated to education. Serving approximately 889 students from kindergarten to eighth grade during the 2021-2022 school year, their mission is to foster curiosity, nurture talents, and cultivate the ability to learn. With a team of 125 employees, Candeo Schools Inc aims to provide a conducive environment where students can develop their innate abilities and potential. Their activities are centered around inspiring and empowering young minds.


Official website here: www.candeoschools.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Candeo Schools Inc has received an 81% rating from Charity Navigator, indicating a commendable level of accountability and financial management. The score is derived solely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible stewardship of funds. This rating is particularly significant as it highlights the organization's efforts to maintain high standards in financial reporting and governance.

The organization demonstrates strong governance practices, with 75% of its board members being independent, which suggests a robust oversight structure. Additionally, Candeo Schools has excelled in financial statements audits and has no reported material diversions of assets, reinforcing its reliability as a nonprofit. The high program expense ratio of 96.23% indicates that a substantial portion of its expenses is directed toward its programs rather than administrative costs.

While the organization's financial practices appear solid, the absence of additional evaluative metrics may limit a comprehensive understanding of its overall impact and effectiveness in achieving its mission. However, the existing data reflects positively on Candeo Schools Inc regarding financial integrity and accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Candeo Schools Inc legitimate?

Candeo Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Candeo 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: $187,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,224,318

For more financial information, click here


Official website here: www.candeoschools.com

What is the mission statement of Candeo Schools Inc?

Candeo Schools Inc's mission is centered around fostering natural curiosity, talents, and the ability to learn in its students. The school strives to nurture these aspects, aiming to empower its students with a strong educational foundation. During the 2021-2022 academic year, the school provided education to around 889 students from kindergarten through eighth grade, furthering its mission to cultivate well-rounded individuals.


Official website here: www.candeoschools.com

Who is the CEO of Candeo Schools Inc?

Stephanie Musser is the Ceo of Candeo Schools Inc. The CEO's salary of Candeo Schools Inc is $160,819 and their total compensation is $168,365.


Official website here: www.candeoschools.com

What is the revenue of Candeo Schools Inc?

Candeo Schools Inc's revenue in 2022 was $8,437,820.


Official website here: www.candeoschools.com

Who are the executives of Candeo Schools Inc and what are their salaries?

The average compensation at Candeo Schools Inc during 2022 was $27,295. There are 125 employees at Candeo Schools Inc.


Here are 4 key members and their salaries (Candeo Schools Inc's CEO's salary is $160,819 and their total compensation is $168,365):


Stephanie Musser (Ceo)
  • Compensation: $160,819
  • Related: $0
  • Other: $7,546
Michael Peugnet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Foulger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.candeoschools.com

Where can I find the form 990 for Candeo Schools Inc?

Candeo Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.candeoschools.com

Learn more at the official website: www.candeoschools.com

Mission Statement of Candeo Schools Inc

Candeo Schools Inc, as a nonprofit organization, is committed to a mission that encourages and fosters the natural curiosity, inherent talents, and learning potential in its students. The institution's primary goal is to nurture these qualities, empowering each student with the power to learn. By providing an educational environment that caters to the unique needs and abilities of its students from kindergarten through eighth grade, Candeo Schools Inc aims to instill a love for learning that will last a lifetime. During the 2021-2022 academic year, the school served approximately 889 students, demonstrating its commitment to this mission.

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Impact




October, 2024

Candeo Schools Inc significantly impacts the educational landscape by fostering natural curiosity and nurturing the unique gifts and talents of its students. During the 2021-2022 academic year, approximately 889 students from kindergarten through eighth grade engaged in a dynamic learning environment designed to enhance their ability to learn and grow. Located in Peoria, AZ, Candeo Schools focuses on empowering students, equipping them with the skills and confidence needed to excel academically and personally. This approach not only supports individual development but also contributes positively to the community by cultivating a generation of inquisitive and capable learners.




This information is meant to be a general summary of Candeo 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.

Revenue
$8,437,820 (2022)
Expenses
$6,956,092 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $773
  • Program Service Revenue: $294,742
  • Gross Receipts: $8,437,820

Assets and Liabilities:

  • Total Assets: $22,548,284
  • Total Liabilities: $17,944,537
  • Net Assets: $4,603,747

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Full day kindergarten

Revenue

$294,742

Organization Details

Founding Year

2007

Principal Officer

Stephanie Musser

Main Address

9965 W Calle Lejos, Peoria, AZ, 85383

NTEE Category

Code: B29 - Education

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