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4Point0 Schools

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

EIN: 273474661 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is 4Point0 Schools?

4Point0 Schools is a nonprofit organization situated in New Orleans, Louisiana, specifically at 3014 Dauphine Street Ste A. Their primary mission is to offer training, investment, and start-up assistance to both emerging and established organizations that focus on enhancing education within the United States. They run two fellowship programs: the Tiny Fellowship, which provides in-depth exploration and support for existing concepts, and the Essentials Fellowship, which serves as an initial testing ground for new ideas to demonstrate efficacy and prepare for further funding. Through these programs, 4Point0 Schools aims to empower organizations to improve the quality of schooling in the U.S. with a team of 23 dedicated individuals.


Official website here: www.4pt0.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

4Point0 Schools has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96%, the organization has demonstrated strong governance practices and transparency, which is essential for building trust among donors and stakeholders.

The nonprofit boasts an independent board comprising 100% members, showcasing its commitment to unbiased leadership. Additionally, it has earned perfect scores in areas such as audit and oversight, conflict of interest policies, and financial ratios, indicating robust financial management and operational efficiency. The program expense ratio of 70.61% further signifies that a significant portion of its resources is directed towards its mission-related activities.

While the organization excels in various aspects, the data does not reveal any limitations or areas needing improvement. Overall, 4Point0 Schools stands out as a well-managed nonprofit with a strong focus on accountability and effective use of funds.


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

What do the Facebook reviews say about 4Point0 Schools?

96% of 17 reviewers on Facebook recommend 4Point0 Schools. Here is a summary of their reviews:

Many users express enthusiasm about their experiences, highlighting the strong mentorship and supportive community that the organization fosters. Reviewers appreciate the organization's focus on social entrepreneurial ideas aimed at improving education, feeling inspired to develop and implement bold initiatives.

The overall sentiment is quite positive, with individuals noting that 4Point0 Schools effectively helps them refine and elevate their impactful ideas, making it a highly regarded choice for those looking to make significant changes in educational practices.


This AI summary has been generated from reviews found on Facebook.

Is 4Point0 Schools legitimate?

4Point0 Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4Point0 Schools 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: $326,725
Professional Fundraising Fees: $5,000
Other Salaries and Wages: $1,354,410

For more financial information, click here


Official website here: www.4pt0.org

What is the mission statement of 4Point0 Schools?

4Point0 Schools is committed to supporting new and established organizations aiming to enhance education in the United States. Their mission is twofold: firstly, they offer intensive training and financial assistance through the Tiny Fellowship, enabling existing concepts to expand and grow independently. Secondly, the Essentials Fellowship serves as a platform for initial testing and proof of concept for innovative ideas, helping to develop a compelling pitch for further funding. Overall, 4Point0 Schools aims to contribute to the improvement of education across the nation by providing essential resources and guidance to dedicated organizations.


Official website here: www.4pt0.org

Who is the CEO of 4Point0 Schools?

Hassan Hassan is the Ceo of 4Point0 Schools. The CEO's salary of 4Point0 Schools is $152,926 and their total compensation is $165,772.


Official website here: www.4pt0.org

What is the revenue of 4Point0 Schools?

4Point0 Schools's revenue in 2022 was $2,366,939.


Official website here: www.4pt0.org

Who are the executives of 4Point0 Schools and what are their salaries?

The average compensation at 4Point0 Schools during 2022 was $73,093. There are 23 employees at 4Point0 Schools.


Here are 15 key members and their salaries (4Point0 Schools's CEO's salary is $152,926 and their total compensation is $165,772):


Hassan Hassan (Ceo)
  • Compensation: $152,926
  • Related: $0
  • Other: $12,846
Lynise Harris (Chief Human Assets)
  • Compensation: $136,495
  • Related: $0
  • Other: $15,176
Raphael Gang (Chief Ext Relation)
  • Compensation: $116,366
  • Related: $0
  • Other: $18,013
Tracy Dumas Clark (Chief Program Ofr)
  • Compensation: $110,006
  • Related: $0
  • Other: $18,885
Christopher Cromwell (Coo)
  • Compensation: $82,510
  • Related: $0
  • Other: $8,145
James Eustis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Vander Ark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Hill (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Cortez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly O' Donnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Streeter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Jarbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paris Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.4pt0.org

Where can I find the form 990 for 4Point0 Schools?

4Point0 Schools's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.4pt0.org

Learn more at the official website: www.4pt0.org

Mission Statement of 4Point0 Schools

4Point0 Schools is an organization dedicated to investing in and supporting new and existing initiatives aiming to enhance education within the United States. Their mission is multi-faceted, encompassing the provision of training, investment, and start-up assistance to these organizations. By doing so, they aim to empower these entities to make a significant impact on the quality of schooling in the country.

The organization offers two distinct fellowship programs to achieve this mission. The Tiny Fellowship serves as an immersive, hands-on experience for individuals with an existing concept in the education sector. Participants in this program leave the fellowship well-equipped to continue growing their organization independently, with the added benefit of intensive financial and educational support throughout and after the program.

On the other hand, the Essentials Fellowship is designed to provide a first-stage development and initial testing of a new idea in education. By demonstrating efficacy and crafting a compelling pitch for further funding, this fellowship program helps these innovative concepts gain traction and secure resources for future growth. In this way, 4Point0 Schools is committed to fostering a thriving ecosystem of organizations dedicated to improving education in the United States.

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Impact




October, 2024

4Point0 Schools significantly enhances the educational landscape by providing targeted training, investment, and start-up support to organizations focused on improving schooling in the United States.

Through its entrepreneurial fellowship programs, it nurtures innovation within the education sector. The Tiny Fellowship offers participants deep, hands-on experience with existing concepts, equipping them with the financial and educational resources necessary for sustainable growth. Similarly, the Essentials Fellowship supports the nascent stages of new ideas, allowing participants to validate their concepts and prepare for future funding.

Based in New Orleans, 4Point0 Schools fosters a culture of entrepreneurship in education, empowering individuals and organizations to develop effective solutions that address diverse challenges in schooling. Its work not only impacts the immediate community but also seeks to influence educational practices on a broader scale across the nation.




This information is meant to be a general summary of 4Point0 Schools. 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
$2,366,939 (2022)
Expenses
$3,926,680 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$55,168
  • Program Service Revenue: $9,626
  • Gross Receipts: $2,425,203

Assets and Liabilities:

  • Total Assets: $8,053,373
  • Total Liabilities: $144,793
  • Net Assets: $7,908,580

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Programs

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

Co-working fees

Revenue

$9,626

Organization Details

Founding Year

2010

Principal Officer

Hassan Hassan

Main Address

3014 Dauphine Street Ste A, New Orleans, LA, 70117

NTEE Category

Code: B12 - Education

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