Overview
What is Philadelphia Electrical And Technology Charter School?
The Philadelphia Electrical and Technology Charter School is a charter high institution located at 1420-1422 Chestnut Street, Philadelphia, PA 19102. Its primary goal is to prepare students for employment opportunities in the growing tech industry, while providing a solid foundation in core academic subjects, such as math, science, language arts, social studies, and world languages. With a dedicated team of 114 employees, the school aims to foster students' skills and knowledge to excel in both the tech sector and their academic pursuits.
Official website here: www.petchs.org
What are the reviews and ratings of this charity?
Charity Navigator rates Philadelphia Electrical And Technology Charter School with a score of 70%, resulting in a Two-Star out of Four Star rating. This rating reflects adequate accountability and finance practices, particularly with a fully independent board and strong oversight on financial statements. The organization has established policies for conflicts of interest, whistleblowing, and document retention, showcasing a commitment to governance.
However, there are notable limitations that impact its overall score. The school's financial health is a concern, evidenced by a liabilities to assets ratio exceeding 100%, indicating potential financial instability. Additionally, while the organization allocates a percentage of its budget to programs, the program expense ratio at 60.85% suggests that there may be room for improvement in prioritizing programmatic spending over administrative costs.
In summary, while Philadelphia Electrical And Technology Charter School demonstrates strong governance and accountability measures, financial challenges remain a significant concern. Stakeholders may wish to monitor these aspects closely as they evaluate the organization's capacity to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Philadelphia Electrical And Technology Charter School legitimate?
Philadelphia Electrical And Technology Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Electrical And Technology 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: $163,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,604,206
For more financial information, click here
Official website here: www.petchs.org
What is the mission statement of Philadelphia Electrical And Technology Charter School?
The Philadelphia Electrical and Technology Charter High School is dedicated to preparing students for employment in the rapidly growing high-tech industries. Simultaneously, the institution lays a solid groundwork in the fundamental academic areas, including math, science, language arts, social studies, and world languages. The school strives to instill in students the necessary skills and knowledge to succeed in both the technological and academic realms. By focusing on employability in emerging tech industries and strong foundational education, the Philadelphia Electrical and Technology Charter High School aims to prepare students for a successful future.
Official website here: www.petchs.org
Who is the CEO of Philadelphia Electrical And Technology Charter School?
Erin Dougherty is the Ceo of Philadelphia Electrical And Technology Charter School. The CEO's salary of Philadelphia Electrical And Technology Charter School is $163,732 and their total compensation is $163,732.
Official website here: www.petchs.org
What is the revenue of Philadelphia Electrical And Technology Charter School?
Philadelphia Electrical And Technology Charter School's revenue in 2022 was $12,514,244.
Official website here: www.petchs.org
Who are the executives of Philadelphia Electrical And Technology Charter School and what are their salaries?
The average compensation at Philadelphia Electrical And Technology Charter School during 2022 was $41,824. There are 114 employees at Philadelphia Electrical And Technology Charter School.
Here are 11 key members and their salaries (Philadelphia Electrical And Technology Charter School's CEO's salary is $163,732 and their total compensation is $163,732):
- Compensation: $0
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- Other: $0
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- Compensation: $163,732
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- Other: $0
- Compensation: $108,402
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- Other: $0
- Compensation: $108,434
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- Other: $0
- Compensation: $133,934
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- Other: $0
- Compensation: $108,415
- Related: $0
- Other: $0
Official website here: www.petchs.org
Where can I find the form 990 for Philadelphia Electrical And Technology Charter School?
Philadelphia Electrical And Technology Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.petchs.org
Learn more at the official website: www.petchs.org
Mission Statement of Philadelphia Electrical And Technology Charter School
The Philadelphia Electrical and Technology Charter School, a renowned educational institution, is dedicated to fostering students who will be well-prepared for the high-tech industries of the future. By providing a robust foundation in the core academic subjects, the school aims to equip students with the essential skills they need to succeed in math, science, language arts, social studies, and world languages.
In simple terms, the Philadelphia Electrical and Technology Charter School's mission revolves around readying students for employability in the rapidly evolving high-tech industries while ensuring they have a strong academic grounding. The school is committed to nurturing the next generation of innovators and professionals, empowering them to make significant contributions to society and their chosen fields. The institution's focus on both the technical and academic aspects of education sets it apart, preparing students for a future filled with opportunities in the high-tech sector.
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Impact
October, 2024
Philadelphia Electrical And Technology Charter School is dedicated to preparing students for future employment in high-tech industries, seamlessly blending technical education with rigorous core academic instruction. By focusing on essential subjects such as math, science, language arts, social studies, and world languages, the school equips students with a comprehensive skill set necessary for success in today's rapidly evolving job market. This holistic approach not only enhances academic performance but also fosters critical thinking and problem-solving abilities, making students more adaptable and competitive as they enter the workforce. In the context of Philadelphia, the school plays a vital role in nurturing a well-prepared, skilled talent pool that can meet the demands of emerging industries while contributing to the local economy.
This information is meant to be a general summary of Philadelphia Electrical And Technology 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: $4,008
- Program Service Revenue: $12,510,236
- Gross Receipts: $12,514,244
Assets and Liabilities:
- Total Assets: $28,358,380
- Total Liabilities: $31,117,627
- Net Assets: -$2,759,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Local sources
Revenue
$9,401,610
State sources
Revenue
$174,073
Federal sources
Revenue
$2,839,334
Other sources
Revenue
$95,219
Organization Details
Founding Year
2001
Phone
(267) 514-1823Principal Officer
Erin Dougherty
Main Address
1420-1422 Chestnut Street, Philadelphia, PA, 19102
Website
www.petchs.orgNTEE Category
Code: B25 - Education
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