Overview
What is Mariana Bracetti Academy Charter School?
Mariana Bracetti Academy Charter School is a nonprofit educational institution based in Philadelphia, Pennsylvania. It is dedicated to promoting quality public education and advancing the interests of students through community schools and advocacy. The school aims to stimulate innovative programs in public education and provide opportunities for innovative learning and assessments. By offering greater options for parents and students in choosing a school within Philadelphia County, the school empowers the community to make informed decisions. The organization also holds teachers, parents, and school administrators accountable for the educational process. Incorporated under the Nonprofit Corporation Law of 1988 of the Commonwealth of Pennsylvania, Mariana Bracetti Academy Charter School operates with charitable, scientific, literacy, and educational purposes, as permitted within Section 501C3 of the Internal Revenue Code of 1986, and Act No 1997-22 of the General Assembly of PA. With a team of 203 employees, the school is committed to enhancing the educational experience and opportunities for its students.
Official website here: www.mbacs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Mariana Bracetti Academy Charter School has received a Three-Star rating from Charity Navigator, primarily based on its strong performance in accountability and finance, with a score of 80%. This rating reflects the organization's commitment to transparency and responsible financial management, as indicated by the high marks across various governance metrics.
The school boasts an independent board composed entirely of independent members, which enhances its governance structure. Additionally, the organization has well-established policies in place, such as conflict of interest and whistleblower policies, contributing to its accountability. The program expense ratio is notably high at 69.20%, signifying that a substantial portion of its budget is allocated directly to its programs and services.
However, the organization faces challenges with its liabilities, as the liabilities to assets ratio stands at 101.38%, indicating more liabilities than assets. While this may raise some concerns regarding financial stability, the overall financial oversight and organization policies demonstrate a commitment to ethical management and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Mariana Bracetti Academy Charter School legitimate?
Mariana Bracetti Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mariana Bracetti Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,613,899
For more financial information, click here
Official website here: www.mbacs.org
What is the mission statement of Mariana Bracetti Academy Charter School?
The Mariana Bracetti Academy Charter School is dedicated to enhancing public education and championing the interests of students through the promotion and advocacy of community schools. Their mission includes stimulating the creation of innovative programs in education, offering opportunities for innovative learning and assessments, and providing greater school choices for parents and students within Philadelphia County. Additionally, they aim to hold teachers, parents, and school administrators accountable for the educational process, and are organized under the Nonprofit Corporation Law of Pennsylvania for charitable, scientific, literacy, and educational purposes.
Official website here: www.mbacs.org
Who is the CEO of Mariana Bracetti Academy Charter School?
Angela Villani is the President of Mariana Bracetti Academy Charter School. The CEO's salary of Mariana Bracetti Academy Charter School is $213,018 and their total compensation is $311,323.
Official website here: www.mbacs.org
What is the revenue of Mariana Bracetti Academy Charter School?
Mariana Bracetti Academy Charter School's revenue in 2022 was $29,100,605.
Official website here: www.mbacs.org
Who are the executives of Mariana Bracetti Academy Charter School and what are their salaries?
The average compensation at Mariana Bracetti Academy Charter School during 2022 was $57,211. There are 203 employees at Mariana Bracetti Academy Charter School.
Here are 19 key members and their salaries (Mariana Bracetti Academy Charter School's CEO's salary is $213,018 and their total compensation is $311,323):
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- Compensation: $213,018
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- Other: $98,305
- Compensation: $163,495
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- Other: $81,108
- Compensation: $131,199
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- Other: $70,244
- Compensation: $124,407
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- Other: $68,493
- Compensation: $102,197
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- Other: $54,570
- Compensation: $101,381
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- Other: $59,545
- Compensation: $103,959
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- Other: $35,275
- Compensation: $101,873
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- Other: $47,956
- Compensation: $100,283
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- Other: $41,389
Official website here: www.mbacs.org
Where can I find the form 990 for Mariana Bracetti Academy Charter School?
Mariana Bracetti Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbacs.org
Learn more at the official website: www.mbacs.org
Mission Statement of Mariana Bracetti Academy Charter School
Mariana Bracetti Academy Charter School, a nonprofit educational institution, is dedicated to fostering quality public education and advancing the interests of public school students in Philadelphia County. By promoting and advocating for community schools, the academy aims to stimulate the development of innovative programs and provide opportunities for innovative learning and assessments. The organization offers greater options for parents and students in choosing a school within the county, ensuring accountability from teachers, parents, and school administrators in the educational process.
Mariana Bracetti Academy Charter School operates under the Nonprofit Corporation Law of 1988, as amended, of the Commonwealth of Pennsylvania, and is organized and operated exclusively for charitable, scientific, literacy, and educational purposes within the scope of Section 501C3 of the Internal Revenue Code of 1986, as amended. The school's primary objectives are to improve public education, develop innovative educational programs, and provide a range of learning opportunities for students. The academy provides a platform for parents and students to make informed choices about their education and holds all stakeholders accountable for the educational process. Mariana Bracetti Academy Charter School is committed to ensuring that every student receives a high-quality education that will prepare them for the future.
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Impact
October, 2024
Mariana Bracetti Academy Charter School makes a significant impact on the educational landscape in Philadelphia through its commitment to fostering quality public education and advocating for community schools. The school prioritizes the advancement of public school students by promoting innovative programs that stimulate growth and learning opportunities.
By providing unique learning experiences and assessments, Mariana Bracetti Academy empowers both parents and students, offering a diverse range of choices within the Philadelphia education system. The school emphasizes accountability among teachers, parents, and administrators, ensuring that all parties are engaged in the educational process and responsible for student outcomes.
Overall, the academy not only enhances educational options but also nurtures a supportive community environment that champions the needs and interests of its students, ultimately contributing to the development of a more effective public education system in the region.
This information is meant to be a general summary of Mariana Bracetti Academy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,109
- Program Service Revenue: $23,300,165
- Gross Receipts: $29,100,605
Assets and Liabilities:
- Total Assets: $61,972,583
- Total Liabilities: $65,113,185
- Net Assets: -$3,140,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOCAL EDUCATIONAL SUBSIDIES
Revenue
$22,894,224
STATE SOURCES
Revenue
$376,518
LOCAL SOURCES
Revenue
$29,423
Organization Details
Founding Year
2000
Phone
(215) 291-4436Principal Officer
Angela Villani
Main Address
1840 TORRESDALE AVE, PHILADELPHIA, PA, 19124
Website
www.mbacs.orgNTEE Category
Code: B29 - Education
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