Overview
What is Collegiate School?
Collegiate School is a prominent nonprofit institution located at 22 Kent Court, Passaic, New Jersey 07055. With a dedicated workforce of 38 individuals, it offers preschool education to qualifying 3-5 year-olds, with 40 students currently enrolled. The school's mission is twofold: to provide a comprehensive educational experience for students from preschool to twelfth grade and to prepare them to navigate the future with confidence and independence. The Collegiate School fosters a student who is knowledgeable, multi-disciplined, and open to innovation, all while promoting tolerance, maturity, and independent thinking. The institution's ultimate goal is to shape a well-rounded individual who is aware of tradition and receptive to change.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.
Collegiate School has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. With a score entirely based on its Accountability & Finance, the organization demonstrates effective governance practices, including a high percentage of independent board members and thorough audit of financial statements. The absence of material diversion of assets further attests to its financial integrity.
The nonprofit showcases a solid program expense ratio of 98.01%, indicating that the vast majority of its resources are directed towards its programs rather than administrative costs. This high efficiency underscores the school’s focus on maximizing impact in its educational initiatives. Additionally, the presence of established policies for conflict of interest and document retention suggests a well-organized operational framework.
While the organization receives high marks in multiple areas, the total score being based solely on financial accountability means that other aspects, such as program effectiveness or community impact, are not evaluated within this rating. Overall, Collegiate School exemplifies strong fiscal responsibility and governance, but potential donors may wish to seek additional information regarding its broader programmatic success.
This AI summary has been generated from information found on Charity Navigator.
Is Collegiate School legitimate?
Collegiate School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate School 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: $121,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,108,565
For more financial information, click here
What is the mission statement of Collegiate School?
The mission of Collegiate School is to educate students from preschool to twelfth grade. The school aims to develop a well-rounded individual who is knowledgeable, multidisciplinary, aware of tradition, and open to innovation. The student should be tolerant, mature, questioning, and independent, equipped to face the future with direction and confidence. The education at Collegiate School prepares students to navigate the complexities of the world with a strong foundation.
Who is the CEO of Collegiate School?
Robert Divincenzo is the President of Collegiate School.
What is the revenue of Collegiate School?
Collegiate School's revenue in 2022 was $1,804,083.
Who are the executives of Collegiate School and what are their salaries?
The average compensation at Collegiate School during 2022 was $32,364. There are 38 employees at Collegiate School.
Here are 5 key members and their salaries:
- Compensation: $121,264
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Collegiate School?
Collegiate School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Collegiate School
Collegiate School, a renowned educational institution, is dedicated to the overall development of students enrolled from preschool to twelfth grade. The institution's ultimate goal is to prepare students who are well-informed, multidisciplinary, and mindful of tradition, yet receptive to innovation. These students are expected to exhibit tolerance, maturity, and the ability to question and think independently. They should approach the future with direction and confidence. In simpler terms, Collegiate School aims to equip its students with a comprehensive education, instilling in them a sense of tradition and openness to modern ideas, while cultivating traits such as tolerance, maturity, and independent thinking.
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Impact
October, 2024
Collegiate School significantly impacts its students by fostering a comprehensive educational environment that emphasizes both knowledge acquisition and character development. With a commitment to educating children from preschool through twelfth grade, the school cultivates a multi-disciplinary approach that prepares students for the complexities of the modern world.
At the foundational level, Collegiate School provides preschool education to young learners, establishing essential skills that promote intellectual curiosity and a love of learning. This early education forms the bedrock for students to grow into knowledgeable individuals who are aware of their heritage while remaining open to new ideas and innovations.
Moreover, the school emphasizes critical thinking, encouraging students to question the world around them and develop independent thought processes. This nurtures maturity and tolerance, equipping students with the confidence and direction necessary to meet future challenges head-on.
In essence, Collegiate School not only prioritizes academic excellence but also strives to develop well-rounded individuals who will contribute positively to society. The holistic education model ensures that every student not only succeeds academically but also emerges as a responsible and engaged member of their community.
This information is meant to be a general summary of Collegiate School. 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.
- Program Service Revenue: $1,801,518
- Gross Receipts: $1,804,083
Assets and Liabilities:
- Total Assets: $570,382
- Total Liabilities: $177,712
- Net Assets: $392,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
4C'S OF PASSAIC
Revenue
$62,010
ABBOTT PROGRAM INCOME
Revenue
$1,248,120
AUXILIARY SERVICES
Revenue
$160,713
FEDERAL AND STATE GRANTS
Revenue
$50,115
TUITION AND FEE INCOME
Revenue
$267,260
Organization Details
Founding Year
1895
Phone
(973) 777-1714Principal Officer
Robert Divincenzo
Main Address
22 KENT COURT, PASSAIC, NJ, 07055
NTEE Category
Code: B24Z - Education
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