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Friends Of The Learning Community Charter School Inc

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

EIN: 263434984 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Learning Community Charter School Inc?

Friends of The Learning Community Charter School Inc is a nonprofit organization situated in Jersey City, New Jersey, with an address at 2495 J F Kennedy Blvd, 07304. Their primary mission is to offer financial aid to support the Learning Community Charter School. This assistance aims to bolster the educational goals and objectives for both the teaching staff and the students at the school, ultimately contributing to their overall development.


Official website here: www.lccsnj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Friends Of The Learning Community Charter School Inc has received an 83% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization exhibits several strengths, including a fully independent board of directors and no material diversion of assets, which suggests a commitment to transparency and governance.

However, there are some areas for improvement. The nonprofit is missing key policies such as a whistleblower policy and document retention and destruction policy. Additionally, there are no posted board meeting minutes, which could limit accountability to stakeholders. While the program expense ratio is strong at 71.95%, demonstrating that a significant portion of funds is directed towards programs, the missing policies highlight potential governance concerns.

Overall, Friends Of The Learning Community Charter School Inc demonstrates strong financial health and a commitment to ethical practices, but it could enhance its accountability measures by addressing its policy gaps. This balanced view provides insight for potential donors and supporters.


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

Is Friends Of The Learning Community Charter School Inc legitimate?

Friends Of The Learning Community Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Learning Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lccsnj.org

What is the mission statement of Friends Of The Learning Community Charter School Inc?

The mission of Friends Of The Learning Community Charter School Inc is geared towards providing financial support with the primary objective of enhancing the educational goals of the staff and students at the Learning Community Charter School. Their role is instrumental in augmenting the educational objectives of the school, thereby contributing to the overall development and growth of its students. The organization's mission is centered around empowering the Learning Community Charter School to deliver quality education and foster a conducive learning environment for its students.


Official website here: www.lccsnj.org

Who is the CEO of Friends Of The Learning Community Charter School Inc?

Stacy Mooraian is the President of Friends Of The Learning Community Charter School Inc.


Official website here: www.lccsnj.org

What is the revenue of Friends Of The Learning Community Charter School Inc?

Friends Of The Learning Community Charter School Inc's revenue in 2022 was $165,352.


Official website here: www.lccsnj.org

Who are the executives of Friends Of The Learning Community Charter School Inc and what are their salaries?


Here are 6 key members and their salaries:


Lauren Schapiro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Hogan (V President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Megaro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kat Berman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna Raeppold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Fogelman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lccsnj.org

Where can I find the form 990 for Friends Of The Learning Community Charter School Inc?

Friends Of The Learning Community Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lccsnj.org

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

Mission Statement of Friends Of The Learning Community Charter School Inc

Friends of the Learning Community Charter School Inc is committed to providing financial support with the primary objective of enhancing the educational goals of both the staff and students at the Learning Community Charter School. This nonprofit organization's mission is centered around bolstering the educational resources available to the school, thereby fostering a conducive learning environment for its students and faculty. The support provided by Friends of the Learning Community Charter School Inc plays a crucial role in helping the school achieve its educational objectives, ultimately benefiting the students and staff.

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Impact




October, 2024

Friends Of The Learning Community Charter School Inc significantly enhances the educational experience at the Learning Community Charter School by providing critical financial support. This funding helps to enrich the educational objectives of both the staff and the students, facilitating a learning environment that fosters academic growth and engagement. With their contributions, the organization ensures that resources are available for innovative programs, essential materials, and various initiatives that promote a holistic education. Their impact is felt throughout the school, empowering educators and inspiring students to reach their full potential. Located in Jersey City, New Jersey, Friends Of The Learning Community Charter School Inc plays a vital role in shaping the educational landscape of the community.




This information is meant to be a general summary of Friends Of The Learning Community 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.

Revenue
$165,352 (2022)
Expenses
$29,340 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,479
  • Gross Receipts: $165,352

Assets and Liabilities:

  • Total Assets: $861,328
  • Total Liabilities: $657
  • Net Assets: $860,671

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Organization Details

Founding Year

2008

Principal Officer

Stacy Mooraian

Main Address

2495 J F KENNEDY BLVD, JERSEY CITY, NJ, 07304

NTEE Category

Code: B112 - Education

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