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School Lane 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: 232965591 ✦ Bensalem, PA ✦ Designated as a 501(c)(3)

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Overview

What is School Lane Charter School?

School Lane Charter School is a nonprofit organization based in Bensalem, Pennsylvania, with a mission to serve as a sanctuary for students in grades K-12. With a team of 242 employees, the organization is committed to fostering high achievement, lifelong and active learning, diversity and equity, international mindedness, and collaborative problem solving. Through its operations, School Lane Charter School utilizes program expenditures to provide a quality education for its students. The organization's vision is to create a learning community where all members support each other and strive for excellence.


Official website here: www.schoollane.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating

School Lane Charter School has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The rating is primarily based on their strong governance practices, including a fully independent board and effective oversight of financial statements. These factors contribute positively to their overall score, demonstrating a commitment to ethical operations.

Despite the strengths noted in their governance and the absence of any material diversion of assets, there are some limitations. Notably, the school lacks a whistleblower policy and has not posted its tax form on its website, which negatively impacts their accountability score. Additionally, their liabilities to assets ratio indicates potential financial concerns, highlighting areas for improvement in their financial management.

Overall, while School Lane Charter School demonstrates positive attributes in governance and program expenses, addressing the noted limitations could enhance their accountability profile and overall rating in the future.


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

Is School Lane Charter School legitimate?

School Lane Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. School Lane 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: $289,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,655,279

For more financial information, click here


Official website here: www.schoollane.org

What is the mission statement of School Lane Charter School?

School Lane Charter School's mission is to establish a nurturing environment where everyone in the educational community is engaged and demonstrates dedication to the school's vision. This vision encompasses the pursuit of academic excellence, a commitment to lifelong learning, promoting diversity and equity, fostering international mindedness, and collaborative problem-solving. By embodying these values, the organization strives to create a haven for students' growth and development.


Official website here: www.schoollane.org

Who is the CEO of School Lane Charter School?

Karen A Schade is the CEO of School Lane Charter School The CEO's salary of School Lane Charter School is $210,300 and their total compensation is $293,938.


Official website here: www.schoollane.org

What is the revenue of School Lane Charter School?

School Lane Charter School's revenue in 2024 was $27,152,566.


Official website here: www.schoollane.org

Who are the executives of School Lane Charter School and what are their salaries?

The average compensation at School Lane Charter School during 2024 was $50,831. There are 235 employees and 214 volunteers at School Lane Charter School.

Here are 15 key members and their salaries (School Lane Charter School's CEO's salary is $210,300 and their total compensation is $293,938):


Karen A Schade (Ceo)
  • Compensation: $210,300
  • Related: $0
  • Other: $83,638
David Robinson (Principal)
  • Compensation: $168,850
  • Related: $0
  • Other: $27,553
Kristin Hokanson (Curriculum)
  • Compensation: $166,020
  • Related: $0
  • Other: $57,911
Colette Weber (Principal)
  • Compensation: $150,630
  • Related: $0
  • Other: $15,406
James Munizza (Director Of Assessment , D)
  • Compensation: $151,050
  • Related: $0
  • Other: $62,006
Michelle Stride (Vp Of Special Education)
  • Compensation: $136,100
  • Related: $0
  • Other: $55,406
Surya Vedula (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Guster (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharvin Patel (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mcgee (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hyams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cummons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivek Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather O'Donnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.schoollane.org

Where can I find the form 990 for School Lane Charter School?

School Lane Charter School's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.schoollane.org

Learn more at the official website: www.schoollane.org

Mission Statement of School Lane Charter School

School Lane Charter School is a dedicated educational institution with a vision to foster a nurturing environment where all members of the learning community work together towards high achievement. The organization is committed to promoting lifelong and active learning, diversity and equity, international mindedness, and collaborative problem-solving.

In practice, School Lane Charter School strives to create a sanctuary where every individual contributes to the collective success of the academic community. Its members embody the school's values by demonstrating their commitment to the mission of high achievement, ensuring that students thrive both intellectually and socially.

Moreover, School Lane Charter School champions diversity and equity, acknowledging the unique strengths of each student and fostering an inclusive learning environment. International mindedness is another integral component of the school's mission, with a focus on broadening students' horizons and developing a global perspective.

Collaborative problem-solving is a vital skill nurtured at School Lane Charter School, preparing students for a successful future. By engaging students in the learning process, the school empowers them to develop critical thinking skills and work together to find solutions.

In summary, School Lane Charter School is a vibrant learning community where all members are committed to fostering a sanctuary for high achievement, lifelong and active learning, diversity and equity, international mindedness, and collaborative problem-solving. Through its inclusive and supportive environment, the school nurtures well-rounded individuals, equipped with the necessary skills and knowledge to excel in their academic pursuits and beyond.

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Impact




October, 2024

School Lane Charter School has created a significant impact in the Bensalem community by fostering an inclusive and supportive learning environment for K-12 students. The school emphasizes high achievement and lifelong learning, which are central to its educational approach. By promoting diversity, equity, and international mindedness, it ensures that students from varied backgrounds feel valued and represented.

Collaboration and problem-solving are also key components of the school’s culture, encouraging students to work together and think critically about issues that affect them and the wider community. This mission not only enhances academic performance but also prepares students to be engaged and active global citizens.

Through its programs and initiatives, School Lane Charter School serves as a sanctuary for learning, where all members — students, educators, and families — partner together to achieve educational goals and personal growth. This commitment to creating a nurturing educational setting positively influences students’ development, preparing them for future success.




This information is meant to be a general summary of School Lane 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
$27,152,566 (2024)
Expenses
$23,056,970 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $822,413
  • Program Service Revenue: $23,475,047
  • Gross Receipts: $27,169,214

Assets and Liabilities:

  • Total Assets: $54,118,458
  • Total Liabilities: $50,191,907
  • Net Assets: $3,926,551

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Programs

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

REGULAR INSTRUCTIONAL SERVICES

Revenue

$14,076,489

SPECIAL ED INSTRUCTIONAL SERVICES

Revenue

$9,028,485

FOOD SERVICES

Revenue

$203,762

BEFORE AND AFTER CARE

Revenue

$102,108

STUDENT ACTIVITIES

Revenue

$64,203

Organization Details

Founding Year

1998

Principal Officer

Karen A Schade

NTEE Category

Code: B20Z - Education

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