Overview
What is Blue School?
Blue School is a nonprofit institution located in downtown Manhattan, New York, with a workforce of 120 employees. The organization, which focuses on education for children aged N-8, offers a unique and comprehensive learning experience that integrates academics, social development, and artistic exploration. Blue School's mission is to foster creativity, promote academic excellence, nurture human relationships, and inspire a lifelong passion for learning. The school's inquiry-based approach to education is aimed at developing students' fertile imaginations, keen intellect, big hearts, and insatiable thirst for knowledge.
Official website here: www.blueschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Blue School has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and overall governance. The rating is primarily based on a low Accountability & Finance score of 58%, which is alarming given that this is the sole metric used for evaluation. While the organization has a fully independent board, which points to strong governance, the absence of financial statements greatly impacts its rating.
Strengths of Blue School include having independent board members and adherence to conflict of interest and whistleblower policies, as well as proper documentation practices for board meetings. These elements demonstrate a commitment to governance and transparency at the board level. Additionally, the organization showcases effective fundraising efficiency, indicating that it utilizes its resources well in terms of generating donations.
However, the nonprofit struggles with financial transparency, as evidenced by missing financial statements and a concerning liabilities to assets ratio. Furthermore, the working capital ratio is negative, which raises issues about the organization's financial health and sustainability. This combination of strengths and significant weaknesses suggests that while Blue School has a solid governance structure, it needs to improve its financial accountability to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Blue School legitimate?
Blue School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue School 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: $625,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,644,194
For more financial information, click here
Official website here: www.blueschool.org
What is the mission statement of Blue School?
Blue School's mission is geared towards cultivating an inquiry-based educational approach that fosters creativity, academic excellence, and nurtures human relationships. This approach inspires a lifelong passion for learning. The Blue School education provides a rich and unique range of academic, social, and artistic experiences. The institution is deeply committed to community, creativity, and academic rigor, which in turn nurtures an imaginative mind, a sharp intellect, a compassionate heart, and an insatiable curiosity for knowledge.
Official website here: www.blueschool.org
Who is the CEO of Blue School?
Noah Reinhardt is the Head Of School of Blue School.
Official website here: www.blueschool.org
What is the revenue of Blue School?
Blue School's revenue in 2022 was $14,767,390.
Official website here: www.blueschool.org
Who are the executives of Blue School and what are their salaries?
The average compensation at Blue School during 2022 was $43,916. There are 120 employees and 100 volunteers at Blue School.
Here are 24 key members and their salaries:
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- Compensation: $126,440
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- Other: $9,783
Official website here: www.blueschool.org
Where can I find the form 990 for Blue School?
Blue School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blueschool.org
Learn more at the official website: www.blueschool.org
Mission Statement of Blue School
Blue School, a renowned educational institution, is committed to developing and disseminating an inquiry-based learning approach that fosters creativity, promotes academic excellence, nurtures human relationships, and inspires a lifelong passion for learning. Blue School's mission goes beyond the classroom, aiming to provide students with a rich and unique range of integrated academic, social, and artistic experiences. The institution's dedication to community, creativity, and academic vigor allows Blue School to cultivate a fertile imagination, a keen intellect, a big heart, and an insatiable passion for learning in its students. By fostering a learning environment that encourages inquiry and exploration, Blue School empowers its students to become confident, curious, and compassionate individuals. Through its innovative and holistic approach to education, Blue School is making a significant impact on the lives of its students, preparing them to become engaged and responsible members of their communities and the world at large.
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Impact
October, 2024
Blue School profoundly impacts education by implementing an inquiry-based approach that prioritizes creativity, academic excellence, and nurturing human relationships. Located in downtown Manhattan, the school spans early educational years and offers a rich blend of academic, social, and artistic experiences. This unique educational model fosters a fertile imagination and a keen intellect in its students, while also emphasizing the importance of community and collaboration.
By encouraging students to engage deeply with their learning, Blue School inspires a lifelong passion for discovery and exploration. The school cultivates not only academic skills but also emotional intelligence and social responsibility, preparing students to thrive in a complex, interconnected world. Through these efforts, Blue School contributes significantly to developing well-rounded, thoughtful individuals who are equipped to make meaningful contributions to society.
This information is meant to be a general summary of Blue School. 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 2022.
- Program Service Revenue: $11,292,584
- Gross Receipts: $14,767,390
Assets and Liabilities:
- Total Assets: $45,358,751
- Total Liabilities: $92,963,049
- Net Assets: -$47,604,298
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$11,292,584
Organization Details
Founding Year
2008
Phone
(212) 228-6341Principal Officer
Noah Reinhardt
Main Address
241 WATER STREET, NEW YORK, NY, 10038
Website
www.blueschool.orgNTEE Category
Code: B29 - Education
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