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Options In Education Inc

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

EIN: 223385616 ✦ West tisbury, MA ✦ Designated as a 501(c)(3)

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Overview

What is Options In Education Inc?

Options In Education Inc is a nonprofit organization situated in West Tisbury, Massachusetts. Established with the purpose of promoting and backing educational initiatives on Martha's Vineyard, its primary mission involves financing capital improvements for facilities leased to the Martha's Vineyard Public Charter School. The organization's activities also encompass raising funds for the charter school and, in the future, operating a summer program that provides educational opportunities. The organization's expenses primarily consist of depreciation on buildings and improvements of these leased facilities.


Official website here: www.mvoptionsineducation.org/

Is Options In Education Inc legitimate?

Options In Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options In Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mvoptionsineducation.org/

What is the mission statement of Options In Education Inc?

Options In Education Inc was established with the purpose of advocating for and fostering innovative educational programs. The organization aims to raise funds for a charter school and eventually operate a summer program providing educational activities. Its mission involves promoting educational initiatives, supporting a charter school financially, and organizing a summer program offering educational activities. The primary objective is to enhance learning experiences and opportunities for individuals.


Official website here: www.mvoptionsineducation.org/

Who is the CEO of Options In Education Inc?

Peter Steedman is the Principal Officer of Options In Education Inc.


Official website here: www.mvoptionsineducation.org/

What is the revenue of Options In Education Inc?

Options In Education Inc's revenue in 2022 was $222,670.


Official website here: www.mvoptionsineducation.org/

Who are the executives of Options In Education Inc and what are their salaries?

There 6 volunteers at Options In Education Inc.


Here are 6 key members and their salaries:


Pete Steedman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Chatinover (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Welch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lin Gallant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hern (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makenzie Brookes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mvoptionsineducation.org/

Where can I find the form 990 for Options In Education Inc?

Options In Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mvoptionsineducation.org/

Learn more at the official website: www.mvoptionsineducation.org/

Mission Statement of Options In Education Inc

Options In Education Inc, a nonprofit organization, was established with a mission to foster and promote innovative educational programs. Its primary goal is to support the growth of a charter school and eventually operate a summer program offering enriching educational activities. The organization's activities are centered around raising funds for capital improvements of facilities that are leased to the Martha's Vineyard Public Charter School. The organization's expenses primarily focus on the depreciation of the buildings and improvements of these leased facilities. By investing in educational programs and facilities, Options In Education Inc aims to contribute to the development of young minds on Martha's Vineyard.

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Impact




October, 2024

Options In Education Inc significantly enhances the educational landscape of Martha's Vineyard by promoting and supporting innovative educational programs. The organization plays a crucial role in raising funds for a charter school, which provides an alternative learning environment that fosters creativity and critical thinking. By financing capital improvements for facilities leased to the Martha's Vineyard Public Charter School, it ensures that students have access to high-quality learning spaces, contributing to an enriched educational experience.

In addition, Options In Education Inc is working towards operating a summer program focused on educational activities. This initiative not only extends learning opportunities beyond the traditional school year but also engages students in meaningful ways during the summer months. Overall, the organization’s commitment to educational innovation and improvement significantly benefits the local community, fostering a culture of lifelong learning on Martha's Vineyard.




This information is meant to be a general summary of Options In Education 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
$222,670 (2022)
Expenses
$164,050 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $238
  • Gross Receipts: $268,513

Assets and Liabilities:

  • Total Assets: $3,078,639
  • Total Liabilities: $433,059
  • Net Assets: $2,645,580

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Organization Details

Founding Year

1994

Principal Officer

Peter Steedman

Main Address

PO Box 869, West Tisbury, MA, 02575

NTEE Category

Code: B99 - Education

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