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Belmont Academy Charter School Dba Inquiry Charter School

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

EIN: 232959842 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Belmont Academy Charter School Dba Inquiry Charter School?

Belmont Academy Charter School, operating under the name Inquiry Charter School, is a nonprofit institution situated in Philadelphia, Pennsylvania. Its primary focus is on providing fundamental education to elementary school students. With a clear mission to educate grade school children, Inquiry Charter School is committed to fostering a learning environment that caters to the basic educational needs of its students. The school's activities and missions are centered around this core objective, ensuring a solid foundation for its students' academic growth.


Official website here: www.belmontcharternetwork.org/ics/

What are the reviews and ratings of this charity?

100%

Belmont Academy Charter School, operating as Inquiry Charter School, has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization’s score is based entirely on its fiscal responsibility, indicating a high level of trustworthiness for potential donors and supporters. With a perfect score in accountability metrics, this nonprofit demonstrates a solid commitment to transparency and ethical governance.

The school boasts an entirely independent board, ensuring unbiased oversight and decision-making. Their financial management is robust, evidenced by a favorable liabilities-to-assets ratio and a significant percentage of program expenses directed towards its educational initiatives. Furthermore, the presence of comprehensive policies regarding conflicts of interest, whistleblower protection, and document retention signifies a strong organizational framework.

While the financial indicators are impressive, it is essential to consider how this translates into educational outcomes for the students. Although the rating underscores the school’s operational integrity, ongoing assessments of its educational impact would provide a fuller picture of its effectiveness in serving the community.


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

Is Belmont Academy Charter School Dba Inquiry Charter School legitimate?

Belmont Academy Charter School Dba Inquiry Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Academy Charter School Dba Inquiry Charter 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: $123,477
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,379,732

For more financial information, click here


Official website here: www.belmontcharternetwork.org/ics/

What is the mission statement of Belmont Academy Charter School Dba Inquiry Charter School?

The mission of Belmont Academy Charter School, operating under the name Inquiry Charter School, focuses on providing fundamental education to students at the elementary school level. Their objective is to offer a learning environment that fosters growth and development in these young learners. The school's mission is centered around delivering quality education, ensuring that each student has the opportunity to reach their full potential. While specific details about additional initiatives or support services are not provided in the given information, it is clear that the primary focus of Belmont Academy Charter School is to provide a solid educational foundation for its elementary school students.


Official website here: www.belmontcharternetwork.org/ics/

Who is the CEO of Belmont Academy Charter School Dba Inquiry Charter School?

Steve Parico is the Treasurer of Belmont Academy Charter School Dba Inquiry Charter School.


Official website here: www.belmontcharternetwork.org/ics/

What is the revenue of Belmont Academy Charter School Dba Inquiry Charter School?

Belmont Academy Charter School Dba Inquiry Charter School's revenue in 2022 was $6,802,618.


Official website here: www.belmontcharternetwork.org/ics/

Who are the executives of Belmont Academy Charter School Dba Inquiry Charter School and what are their salaries?

The average compensation at Belmont Academy Charter School Dba Inquiry Charter School during 2022 was $35,760. There are 70 employees at Belmont Academy Charter School Dba Inquiry Charter School.


Here are 8 key members and their salaries:


Claire Cohen (Head Of School)
  • Compensation: $117,900
  • Related: $0
  • Other: $7,222
Michael Karp (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Convey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth P Havey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Katz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Parico (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Slay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lexie Komisar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.belmontcharternetwork.org/ics/

Where can I find the form 990 for Belmont Academy Charter School Dba Inquiry Charter School?

Belmont Academy Charter School Dba Inquiry Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.belmontcharternetwork.org/ics/

Learn more at the official website: www.belmontcharternetwork.org/ics/

Mission Statement of Belmont Academy Charter School Dba Inquiry Charter School

Belmont Academy Charter School, known as Inquiry Charter School, is committed to providing fundamental education for grade school students. This nonprofit institution in Philadelphia, Pennsylvania, strives to ensure that every student receives a solid educational foundation, as outlined in its mission statement. The school is dedicated to fostering an environment that nurtures the academic growth of its students, focusing on the essentials of learning at the elementary level.

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Impact




October, 2024

Belmont Academy Charter School significantly impacts the educational landscape in Philadelphia by providing fundamental education to grade school students. Its commitment to fostering an environment conducive to inquiry-based learning empowers students to engage critically with their surroundings and develop essential academic skills. The school's focus on basic education ensures that students receive the foundational knowledge necessary for their academic growth and future success. By prioritizing educational excellence, Belmont Academy contributes to nurturing well-rounded individuals who can thrive within their communities and beyond. The school's presence fosters educational equity and promotes opportunities for all its students to excel.




This information is meant to be a general summary of Belmont Academy Charter School Dba Inquiry Charter 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.

Revenue
$6,802,618 (2022)
Expenses
$5,696,495 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,741,362
  • Gross Receipts: $6,802,618

Assets and Liabilities:

  • Total Assets: $4,514,636
  • Total Liabilities: $2,467,303
  • Net Assets: $2,047,333

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Programs

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

FOOD SERVICES

Revenue

$1,581,801

LOCAL SOURCES

Revenue

$4,124,040

OTHER SOURCES

Revenue

$35,521

Organization Details

Founding Year

1998

Principal Officer

Steve Parico

Main Address

1301 BELMONT AVENUE, PHILADELPHIA, PA, 19104

NTEE Category

Code: B20O - Education

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