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Rhode Island Mayoral Academy (Sm) Blackstone Valley

Blackstone Valley Prep

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

EIN: 270617933 ✦ Cumberland, RI ✦ Designated as a 501(c)(3)

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Overview

What is Rhode Island Mayoral Academy (Sm) Blackstone Valley?

The Rhode Island Mayoral Academy (Sm) Blackstone Valley, also known as Blackstone Valley Prep, is a nonprofit educational organization situated at 291 Broad Street in Cumberland, Rhode Island (02864). Serving the municipalities of Cumberland, Central Falls, Lincoln, and Pawtucket, this institution offers elementary, middle school, and high school education to students residing within these areas. Blackstone Valley Prep's mission is geared towards preparing every scholar for success in college and beyond. The organization provides essential educational services to students in Cumberland, Central Falls, Lincoln, and Pawtucket, with a total workforce of 402 employees dedicated to this cause.


Official website here: www.blackstonevalleyprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Rhode Island Mayoral Academy (Sm) Blackstone Valley has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an overall score of 81%, the organization demonstrates a commitment to transparency and effective governance, as evidenced by its perfect score for having an entirely independent board and robust financial management practices.

Strengths of the organization include a high program expense ratio of 90.07%, ensuring that the majority of funds are directly used for programs rather than administrative costs. Additionally, the establishment of various policies related to conflict of interest, whistleblower protections, and document retention reflects a strong ethical framework and commitment to responsible management.

While the organization shows commendable strength in governance and financial oversight, the rating illustrates room for improvement in certain areas, which may be explored further through ongoing evaluations. Overall, the rating signifies a reputable organization effectively serving its mission.


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

Is Rhode Island Mayoral Academy (Sm) Blackstone Valley legitimate?

Rhode Island Mayoral Academy (Sm) Blackstone Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Mayoral Academy (Sm) Blackstone Valley 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: $401,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,729,399

For more financial information, click here


Official website here: www.blackstonevalleyprep.org

What is the mission statement of Rhode Island Mayoral Academy (Sm) Blackstone Valley?

The Rhode Island Mayoral Academy (Sm) Blackstone Valley is a non-profit organization committed to preparing every scholar for success in college and beyond. Through educational services, the academy aims to support students residing in Cumberland, Central Falls, Lincoln, and Pawtucket. Blackstone Valley Prep (BVP) is dedicated to providing elementary, middle school, and high school education to these Rhode Island communities. Their mission encompasses equipping students with the necessary skills and knowledge for a prosperous future.


Official website here: www.blackstonevalleyprep.org

Who is the CEO of Rhode Island Mayoral Academy (Sm) Blackstone Valley?

Sarah Anderson is the Chairman (As Of 6/22) of Rhode Island Mayoral Academy (Sm) Blackstone Valley. The CEO's salary of Rhode Island Mayoral Academy (Sm) Blackstone Valley is $192,863 and their total compensation is $216,767.


Official website here: www.blackstonevalleyprep.org

What is the revenue of Rhode Island Mayoral Academy (Sm) Blackstone Valley?

Rhode Island Mayoral Academy (Sm) Blackstone Valley's revenue in 2022 was $42,226,919.


Official website here: www.blackstonevalleyprep.org

Who are the executives of Rhode Island Mayoral Academy (Sm) Blackstone Valley and what are their salaries?

The average compensation at Rhode Island Mayoral Academy (Sm) Blackstone Valley during 2022 was $55,053. There are 402 employees at Rhode Island Mayoral Academy (Sm) Blackstone Valley.


Here are 21 key members and their salaries (Rhode Island Mayoral Academy (Sm) Blackstone Valley's CEO's salary is $192,863 and their total compensation is $216,767):


Maria Rivera (Chairman (As Of 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Jeffrey Mutter (Chairman (1/21 To 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon T Joseph Almond (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcgee Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Daniel J Mckee (Director (To 1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Morton Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon William Murray (Director (To 6/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Silva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Vrees Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Zuluaga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dioscarcis Garcia (Director (As Of 6/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon James Diossa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Dowd (Secretary (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Chiappetta (Chief Executive Officer)
  • Compensation: $192,863
  • Related: $0
  • Other: $23,904
Christine Losea (Chief Financial Officer)
  • Compensation: $118,030
  • Related: $0
  • Other: $19,623
Michael Dematteo (Chief Operations Officer)
  • Compensation: $124,630
  • Related: $0
  • Other: $20,665
Joshua Falk (Head Of High School)
  • Compensation: $114,861
  • Related: $0
  • Other: $22,361
Sarah Anderson (Chief Academic Officer)
  • Compensation: $139,375
  • Related: $0
  • Other: $9,086
Marielle Emet (Head Of Junior High School)
  • Compensation: $110,697
  • Related: $0
  • Other: $20,511
Andrea Summers (Head Of Elementary School)
  • Compensation: $109,922
  • Related: $0
  • Other: $3,485


Official website here: www.blackstonevalleyprep.org

Where can I find the form 990 for Rhode Island Mayoral Academy (Sm) Blackstone Valley?

Rhode Island Mayoral Academy (Sm) Blackstone Valley's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blackstonevalleyprep.org

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

Mission Statement of Rhode Island Mayoral Academy (Sm) Blackstone Valley

The Rhode Island Mayoral Academy (BVP) is a non-profit organization dedicated to providing educational services to students residing in the municipalities of Cumberland, Central Falls, Lincoln, and Pawtucket. In simpler terms, BVP's mission is to prepare every scholar for success in college and beyond.

Nestled in Rhode Island, this esteemed academy has set its sights on delivering top-notch elementary, middle school, and high school education to the local community. By doing so, it opens doors to a world of opportunities for its students, enabling them to reach their full potential and thrive in the ever-evolving world.

BVP's commitment to education extends beyond the classroom, as it strives to foster an environment where students can develop essential skills and knowledge necessary for a successful future. This holistic approach to education empowers students to become well-rounded individuals, instilling in them a deep-rooted passion for learning, self-confidence, and a strong sense of determination.

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Impact




October, 2024

Rhode Island Mayoral Academy (Sm) Blackstone Valley significantly impacts the educational landscape for students in Cumberland, Central Falls, Lincoln, and Pawtucket by focusing on preparing every scholar for success in college and beyond. The academy offers comprehensive educational services across elementary, middle, and high school levels, ensuring that students receive a quality education tailored to their needs.

By fostering a supportive learning environment, the academy helps bridge educational gaps, particularly in underserved communities. Its commitment to academic excellence cultivates a culture of high expectations, encouraging students to aspire to higher education and equipping them with the skills necessary to thrive in competitive environments.

Moreover, by actively engaging with families and the local community, the academy not only supports individual student growth but also contributes to the overall development of the region. This holistic approach enhances students' academic achievements and instills resilience and adaptability, empowering them to pursue successful futures in various fields.




This information is meant to be a general summary of Rhode Island Mayoral Academy (Sm) Blackstone Valley. 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
$42,226,919 (2022)
Expenses
$39,413,618 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,011
  • Program Service Revenue: $32,597,338
  • Gross Receipts: $42,226,919

Assets and Liabilities:

  • Total Assets: $44,692,718
  • Total Liabilities: $34,515,062
  • Net Assets: $10,177,656

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Programs

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

STATE GRANTS

Revenue

$22,071,319

TUITION FROM DISTRICTS

Revenue

$10,144,746

MEDICAID REIMBURSEMENTS

Revenue

$381,273

Organization Details

Founding Year

2009

Principal Officer

Sarah Anderson

Main Address

291 BROAD STREET, CUMBERLAND, RI, 02864

NTEE Category

Code: B29 - Education

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