Overview
What is Banner Day Learning Corp?
Banner Day Learning Corp is a nonprofit organization established around November 2007, primarily funded through a contract with the Milwaukee Public School System. Situated in Milwaukee, it operates an alternative high school, catering to students who require disciplinary interventions or alternative placements due to various reasons. This mission aligns with its purpose, as Banner Day Learning Corp focuses on providing educational services within economically disadvantaged urban areas, offering a second chance for students in need. The organization operates out of a location at 315 SE MIZNER BLVD 207, Boca Raton, FL 33432, although its primary operations are in Milwaukee.
Official website here: www.bannerlearning.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (43%)
Banner Day Learning Corp has received a low rating of 43% from Charity Navigator, leading to a Zero-Star out of Four Stars designation. This rating reflects significant shortcomings in key areas of accountability and finance, with the organization scoring 0% for independent board members and lacking essential governance policies such as conflict of interest and whistleblower policies. Although there are positive aspects, like a 100% program expense ratio, the overall governance structure appears weak.
The organization has a majority of its board members who are not independent, which raises concerns about oversight and accountability. Furthermore, the absence of financial statements and critical policy documentation suggests a lack of transparency that could impact donor trust. While the organization does provide access to its tax form on its website, the overall governance practices seem inadequate.
In summary, while Banner Day Learning Corp has a high program expense ratio indicating a commitment to its mission, the deficiencies in governance and financial transparency hinder its overall effectiveness and reputation. Potential donors should carefully consider these factors when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Banner Day Learning Corp legitimate?
Banner Day Learning Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner Day Learning Corp 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: $99,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $723,828
For more financial information, click here
Official website here: www.bannerlearning.org
What is the mission statement of Banner Day Learning Corp?
Banner Day Learning Corp is committed to providing alternative educational services for students residing in economically disadvantaged urban areas. The organization operates an alternative high school, catering to students who have encountered disciplinary issues or require alternative placements due to various reasons. This activity aligns with the organization's purpose as it is an inner-city education program that aims to support these students. The organization, established around November 2007, is funded through a contract with the Milwaukee Public School System, allowing it to provide educational services to 115 students.
Official website here: www.bannerlearning.org
What is the revenue of Banner Day Learning Corp?
Banner Day Learning Corp's revenue in 2023 was $1,526,167.
Official website here: www.bannerlearning.org
Who are the executives of Banner Day Learning Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $99,950
- Related: $0
- Other: $0
Official website here: www.bannerlearning.org
Where can I find the form 990 for Banner Day Learning Corp?
Banner Day Learning Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bannerlearning.org
Learn more at the official website: www.bannerlearning.org
Mission Statement of Banner Day Learning Corp
Banner Day Learning Corp, an organization, is committed to providing alternative educational services for students residing in economically disadvantaged urban areas. Recognizing the unique needs of these students, the corporation operates an alternative high school within the city of Milwaukee. This school serves as a sanctuary for students who have encountered disciplinary issues or require alternative placements due to various reasons. By offering this program, Banner Day Learning Corp fulfills its purpose, as it is an inner-city education initiative that caters specifically to these students' requirements. The organization's activities are funded through a contract with the Milwaukee Public School System, which allows for 115 student slots to be filled. Banner Day Learning Corp takes charge of operating the school and delivering educational services to its students, thereby making a significant impact on their lives.
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Impact
October, 2024
Banner Day Learning Corp significantly impacts the educational landscape in Milwaukee by providing alternative high school services aimed at students facing disciplinary challenges or those requiring different educational placements. Since its inception in November 2007, the organization has filled a crucial gap in the education system, catering specifically to students in economically disadvantaged urban areas. By operating an inner-city education program, Banner Day Learning Corp ensures that these students have access to a supportive and tailored educational environment that fosters growth and development.
With a funding contract that supports 115 student slots, the program works hand-in-hand with the Milwaukee Public School system, demonstrating a commitment to inclusion and rehabilitation within the education system. The organization focuses on delivering not just academic education but also essential support services that address the unique needs of its students, ultimately empowering them to overcome their challenges and succeed in their educational journeys. Banner Day Learning Corp plays a vital role in transforming lives, providing hope and opportunities for a brighter future in the heart of Milwaukee.
This information is meant to be a general summary of Banner Day Learning Corp. 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 2023.
- Program Service Revenue: $1,526,167
- Gross Receipts: $1,526,167
Assets and Liabilities:
- Total Assets: $324,339
- Total Liabilities: $249,260
- Net Assets: $75,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MILWAUKEE PUBLIC SCHOO
Revenue
$1,526,167
Organization Details
Founding Year
2010
Principal Officer
Eric A Carlton
Website
www.bannerlearning.orgNTEE Category
Code: B25 - Education
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