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Collegiate School Of Memphis

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

EIN: 260847588 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Collegiate School Of Memphis?

The Collegiate School of Memphis, located at 3353 Faxon Avenue, Memphis, Tennessee 38122, is a nonprofit institution dedicated to providing a challenging and top-notch education to its students. Established for charitable, scientific, literary, and educational purposes, this school's primary mission is to prepare young individuals for college success within a structured, caring, and Christian environment. With around 62 employees, the Collegiate School of Memphis offers a nurturing educational experience, aiming to cultivate future leaders.


Official website here: www.collegiatememphis.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Needs Improvement (65%) - Two-Star out of Four Star Rating**

The Collegiate School Of Memphis has received a Two-Star rating from Charity Navigator, reflecting a score of 65% in Accountability & Finance. This rating indicates some challenges in the organization’s operational standards, particularly with missing policies related to conflict of interest, whistleblower protection, and document retention. While its accountability score shows strong points like an independent board and a high program expense ratio, significant weaknesses in financial ratios suggest a pressing need for improved financial management.

Positive aspects include a reliable board structure and transparency in financial statements, indicating a commitment to accountability in certain areas. However, the absence of crucial governance policies and high liabilities relative to assets presents limitations that the organization must address to enhance its credibility and effectiveness. The lack of scoring in categories such as Impact & Measurement further highlights areas needing development to provide a comprehensive view of the organization's overall performance.

User reviews from GreatNonprofits could not be fetched, which limits the ability to capture firsthand sentiments from stakeholders or beneficiaries. This makes it challenging to assess the public perception and effectiveness of the programs and services offered by the Collegiate School Of Memphis. Overall, while the organization demonstrates some accountability strengths, substantial room for improvement exists in financial health and governance practices.


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

Is Collegiate School Of Memphis legitimate?

Collegiate School Of Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate School Of Memphis 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: $233,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,518

For more financial information, click here


Official website here: www.collegiatememphis.org

What is the mission statement of Collegiate School Of Memphis?

The Collegiate School of Memphis is established for charitable, scientific, literary, and educational purposes. Its primary mission is to prepare young individuals for college success within a structured, nurturing, and Christian environment. The school provides students with a challenging and high-quality education, aiming to set them up for future academic achievements.


Official website here: www.collegiatememphis.org

Who is the CEO of Collegiate School Of Memphis?

Simone Gray is the Treasurer of Collegiate School Of Memphis.


Official website here: www.collegiatememphis.org

What is the revenue of Collegiate School Of Memphis?

Collegiate School Of Memphis's revenue in 2022 was $7,261,001.


Official website here: www.collegiatememphis.org

Who are the executives of Collegiate School Of Memphis and what are their salaries?

The average compensation at Collegiate School Of Memphis during 2022 was $4,187. There are 62 employees at Collegiate School Of Memphis.


Here are 8 key members and their salaries:


Mclean Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Marino (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Perry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Okello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merrill Skipworth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mckenzie Cohen (Head Of School)
  • Compensation: $132,605
  • Related: $0
  • Other: $11,077


Official website here: www.collegiatememphis.org

Where can I find the form 990 for Collegiate School Of Memphis?

Collegiate School Of Memphis's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.collegiatememphis.org

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

Mission Statement of Collegiate School Of Memphis

The Collegiate School of Memphis is dedicated to a noble cause, organized solely for charitable, scientific, literary, and educational purposes. At its core, the institution's mission is to prepare young men and women for college success within a structured, nurturing, and Christian environment. This environment is designed to challenge its students and provide them with a high-quality education, setting them on a path towards academic achievement.

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Impact




October, 2024

Collegiate School of Memphis significantly contributes to the educational landscape by providing a rigorous college preparatory curriculum aimed at equipping students with the knowledge and skills necessary for success in higher education. The school fosters a highly structured and nurturing environment, centered around Christian values, which nurtures both the intellectual and character development of young ladies and gentlemen. This approach not only emphasizes academic excellence but also promotes personal growth, leadership, and ethical decision-making.

By maintaining high educational standards and a supportive atmosphere, Collegiate School of Memphis positively impacts its students' lives, preparing them for future challenges and opportunities in college and beyond. The school's commitment to excellence in education in Memphis reflects its mission to create confident, well-rounded individuals who are ready to contribute meaningfully to society. Through its focused efforts, the school plays a crucial role in shaping the future leaders of the community.




This information is meant to be a general summary of Collegiate School Of Memphis. 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
$7,261,001 (2022)
Expenses
$5,722,221 (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: $651,745
  • Gross Receipts: $7,261,001

Assets and Liabilities:

  • Total Assets: $9,283,410
  • Total Liabilities: $8,077,672
  • Net Assets: $1,205,738

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Programs

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

TUITION

Revenue

$362,393

CAFETERIA REVENUE

Revenue

$252,590

OTHER

Revenue

$28,534

ATHLETIC & CONCESSION

Revenue

$7,560

UNIFORM & MERCHANDISE

Revenue

$668

Organization Details

Founding Year

2008

Principal Officer

Simone Gray

Main Address

3353 FAXON AVENUE, MEMPHIS, TN, 38122

NTEE Category

Code: B25 - Education

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