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Henderson Collegiate Inc

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

EIN: 264206516 ✦ Henderson, NC ✦ Designated as a 501(c)(3)

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Overview

What is Henderson Collegiate Inc?

Henderson Collegiate Inc, based in Henderson, North Carolina, operates a public charter school serving approximately 1,289 students as of the fiscal year ended June 30, 2022. With a workforce of 218 employees, they are dedicated to providing educational services in the community. The nonprofit's mission is to run a public charter school, aiming to contribute positively to the education landscape in Henderson, NC.


Official website here: www.hendersoncollegiate.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Henderson Collegiate Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in governance and financial oversight, there are significant areas for improvement. The charity's independent board is fully comprised of independent members, and it excels in adhering to financial audit and oversight protocols, showcasing a commitment to accountability.

However, the organization faces notable limitations, particularly in its whistleblower policy and document retention practices, both of which are missing. Additionally, the liabilities to assets ratio raises concerns, as it stands at 103.63%, indicating potential financial instability. Overall, while Henderson Collegiate Inc shows promise in program expenses and governance, it needs to address its policy gaps to enhance its overall rating and investor confidence.


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

Is Henderson Collegiate Inc legitimate?

Henderson Collegiate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson Collegiate 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: $226,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,049,719

For more financial information, click here


Official website here: www.hendersoncollegiate.org

What is the mission statement of Henderson Collegiate Inc?

Henderson Collegiate Inc is dedicated to operating a public charter school. Their mission revolves around providing education to a large number of students. As of the fiscal year ended on June 30, 2022, they served approximately 1,289 students. The organization's primary focus is on running a successful charter school. They aim to create a conducive learning environment and deliver quality education to their students. Henderson Collegiate Inc's efforts are geared towards fostering academic growth and helping students reach their full potential. Their commitment to education extends beyond the classroom, ensuring that students receive a well-rounded education.


Official website here: www.hendersoncollegiate.org

Who is the CEO of Henderson Collegiate Inc?

Stephanie Rogers is the President / of Henderson Collegiate Inc. The CEO's salary of Henderson Collegiate Inc is $113,712 and their total compensation is $113,712.


Official website here: www.hendersoncollegiate.org

What is the revenue of Henderson Collegiate Inc?

Henderson Collegiate Inc's revenue in 2022 was $16,049,311.


Official website here: www.hendersoncollegiate.org

Who are the executives of Henderson Collegiate Inc and what are their salaries?

The average compensation at Henderson Collegiate Inc during 2022 was $33,379. There are 218 employees and 7 volunteers at Henderson Collegiate Inc.


Here are 9 key members and their salaries (Henderson Collegiate Inc's CEO's salary is $113,712 and their total compensation is $113,712):


Stephanie Rogers (President /)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Church (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Putney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gary Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Wooten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carice Sanchez (Chief Academ)
  • Compensation: $99,668
  • Related: $0
  • Other: $0
Eric Sanchez (Ceo)
  • Compensation: $113,712
  • Related: $0
  • Other: $0


Official website here: www.hendersoncollegiate.org

Where can I find the form 990 for Henderson Collegiate Inc?

Henderson Collegiate Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hendersoncollegiate.org

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

Mission Statement of Henderson Collegiate Inc

Henderson Collegiate Inc, a prominent nonprofit organization, is dedicated to the operation of a public charter school. Located in North Carolina, this institution serves approximately 1,289 students and aims to provide them with a quality education. The mission of Henderson Collegiate Inc is centered around the running of this educational institution.

The organization's commitment to education goes beyond just operating a charter school. Henderson Collegiate Inc strives to create an educational environment that fosters growth and development in every student. Their endeavors are focused on ensuring that students receive a well-rounded education, enabling them to reach their full potential.

Serving a significant number of students, Henderson Collegiate Inc plays a pivotal role in the educational landscape of North Carolina. By providing a public charter school, the organization offers an alternative educational choice for families within the community. Through its dedication to education, Henderson Collegiate Inc is making a positive impact on the futures of its students.

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Impact




August, 2024

Henderson Collegiate Inc's impact lies in its operation of a public charter school in Henderson, North Carolina. Serving approximately 1,289 students, this organization is dedicated to providing educational opportunities and fostering academic growth within the community. By focusing on education, Henderson Collegiate Inc plays a crucial role in shaping the futures of its students and contributing to the overall development of the region.




This information is meant to be a general summary of Henderson Collegiate 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
$16,049,311 (2022)
Expenses
$15,620,658 (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: $12,763,115
  • Gross Receipts: $16,059,840

Assets and Liabilities:

  • Total Assets: $33,223,567
  • Total Liabilities: $39,352,646
  • Net Assets: -$6,129,079

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Programs

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

STATE APPROPRIATIONS

Revenue

$10,870,240

COUNTY APPROPRIATIONS

Revenue

$1,694,008

STUDENT FEES

Revenue

$103,870

UNIFORMS

Revenue

$66,480

SCHOOL EXTRACURRICULAR ACTIVI

Revenue

$22,299

Organization Details

Founding Year

2009

Principal Officer

Stephanie Rogers

Main Address

1071 OLD EPSOM RD, HENDERSON, NC, 27536

NTEE Category

Code: B29 - Education

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