Overview
What is Spectrum Charter School Inc?
Spectrum Charter School Inc, situated in Monroeville, Pennsylvania (specifically at 4369 Northern Pike), is a nonprofit educational institution authorized by the Gateway S/D. Serving around 45 students primarily from Allegheny and Westmoreland counties, this charter school's mission is to create a supportive environment that empowers students and their families, fostering a sense of safety, comfort, and enabling them to reach their full potential. The institution aims to equip every child with essential skills for their education. With a team of 15 dedicated individuals, Spectrum Charter School Inc strives to make a positive impact in the lives of its students and community.
Official website here: www.spectrumcharterschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating.
Spectrum Charter School Inc demonstrates strong accountability and financial stewardship, as evidenced by its high score of 93%. The organization boasts a fully independent board, effective audit and oversight practices, and comprehensive policies addressing conflict of interest and whistleblower protections. Additionally, it maintains a high program expense ratio of over 85%, indicating a strong focus on utilizing funds for its educational programs.
User reviews consistently highlight the positive impact Spectrum Charter School has on its students, particularly those with special needs. Parents report significant improvements in their children's confidence and social skills, along with a supportive and nurturing environment that caters to individual challenges. The school is praised for its innovative programs that prepare students for independent living and future employment.
While the financial metrics appear strong, the liabilities to assets ratio at nearly 60% suggests some financial leverage that may require monitoring. Despite this, the overwhelming positive feedback from clients indicates that the organization's strengths far outweigh any potential concerns, positioning Spectrum Charter School as a vital resource for families in need of specialized education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Spectrum Charter School Inc legitimate?
Spectrum Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum Charter School 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $500,590
For more financial information, click here
Official website here: www.spectrumcharterschool.org
What is the mission statement of Spectrum Charter School Inc?
Spectrum Charter School Inc's mission is centered around creating a nurturing environment that encourages students and their families to feel secure and comfortable. The school aims to help each student reach their full potential, striving for their educational growth and development. The vision of the school is to educate every child, equipping them with necessary skills for their future. The charter school, approved by Gateway S/D, serves approximately 45 students from Allegheny and Westmoreland counties.
Official website here: www.spectrumcharterschool.org
Who is the CEO of Spectrum Charter School Inc?
Dr Matthew Erickson is the Vice President of Spectrum Charter School Inc. The CEO's salary of Spectrum Charter School Inc is $40,000 and their total compensation is $40,000.
Official website here: www.spectrumcharterschool.org
What is the revenue of Spectrum Charter School Inc?
Spectrum Charter School Inc's revenue in 2023 was $1,871,369.
Official website here: www.spectrumcharterschool.org
Who are the executives of Spectrum Charter School Inc and what are their salaries?
The average compensation at Spectrum Charter School Inc during 2023 was $40,039. There are 15 employees at Spectrum Charter School Inc.
Here are 9 key members and their salaries (Spectrum Charter School Inc's CEO's salary is $40,000 and their total compensation is $40,000):
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Official website here: www.spectrumcharterschool.org
Where can I find the form 990 for Spectrum Charter School Inc?
Spectrum Charter School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spectrumcharterschool.org
Learn more at the official website: www.spectrumcharterschool.org
Mission Statement of Spectrum Charter School Inc
Spectrum Charter School Inc, a charter school, is dedicated to creating a transformative environment for its students and their families. The school's mission is to foster a sense of safety, comfort, and growth, enabling each student to reach their fullest potential. With a vision of every child being educated and equipped with essential skills, Spectrum Charter School Inc strives to provide an environment that nurtures and empowers its students. The school, granted by the Gateway S/D, serves around 45 students from Allegheny and Westmoreland counties, underscoring its commitment to serving its community.
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Impact
October, 2024
Spectrum Charter School Inc has a profound impact on its students and the surrounding community by creating a supportive and nurturing educational environment. Serving approximately 45 students from Allegheny and Westmoreland counties, the school prioritizes the safety and comfort of both learners and their families. This commitment fosters an atmosphere where students can thrive academically and personally, ultimately helping them reach their highest potential.
By focusing on individualized education, Spectrum Charter School ensures that each child develops the necessary skills for future success. The school's mission extends beyond academics; it seeks to cultivate a sense of belonging and confidence in its students, contributing to their overall well-being and encouraging lifelong learning. Through its tailored approach, Spectrum Charter School Inc not only transforms the lives of its students but also enriches the broader community by empowering families and promoting educational attainment.
This information is meant to be a general summary of Spectrum Charter School 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15,387
- Program Service Revenue: $1,648,464
- Gross Receipts: $1,871,369
Assets and Liabilities:
- Total Assets: $1,734,389
- Total Liabilities: $1,040,237
- Net Assets: $694,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition from LEA's
Revenue
$1,641,329
Misc program receipts
Revenue
$7,135
Organization Details
Founding Year
1999
Phone
(412) 374-8130Principal Officer
Dr Matthew Erickson
Main Address
4369 Northern Pike, Monroeville, PA, 15146
NTEE Category
Code: B29 - Education
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