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Northstar Academiesinc

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

EIN: 274949005 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Northstar Academiesinc?

Northstar Academiesinc is a nonprofit organization headquartered in Fort Lauderdale, Florida, specifically at ONE BROWARD BOULEVARD 1599. They are dedicated to operating five charter schools in Southeast Florida, focusing on providing an educational alternative for students who have dropped out of traditional public schools or are at risk of doing so. By employing a high-tech, research-based curriculum, Northstar Academies enables students to earn a state-recognized high school diploma, opening doors for further education or vocational opportunities. The organization is committed to individualized attention and using 21st-century technology to cater to students who struggle with the conventional learning approach.


Official website here: www.edisonlearning.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Stars .Star rating.

Northstar Academiesinc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The scoring reflects a high level of transparency and governance, with 100% of board members being independent and a comprehensive oversight structure in place. The organization has effectively documented its policies, including a conflict of interest and whistleblower policy, contributing positively to its accountability metrics.

However, while the organization excels in various governance aspects, it has been noted that the liabilities to assets ratio scored poorly, receiving 0 out of 15 points. This suggests potential financial vulnerabilities that could be a concern for stakeholders. Despite this, the program expense ratio is satisfactory, showing that a significant portion of resources is directed towards its programs.

Overall, Northstar Academiesinc demonstrates a commitment to maintaining high accountability standards, although its financial stability, as indicated by the liabilities to assets ratio, could benefit from further evaluation and improvement.


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

Is Northstar Academiesinc legitimate?

Northstar Academiesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northstar Academiesinc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,642,772

For more financial information, click here


Official website here: www.edisonlearning.com

What is the mission statement of Northstar Academiesinc?

Northstar Academiesinc is dedicated to offering an educational alternative for students who have left or are at risk of leaving traditional schools. The organization operates charter high schools that utilize a high-tech, research-based curriculum designed to help students earn a state-recognized diploma. Northstar Academies cater to students faced with challenges in the conventional learning approach. Through individualized attention and innovative technology, these schools provide students with a strong educational foundation and the opportunity to continue their education or seek suitable vocations.


Official website here: www.edisonlearning.com

Who is the CEO of Northstar Academiesinc?

Leonard Posey is the Chairman of Northstar Academiesinc.


Official website here: www.edisonlearning.com

What is the revenue of Northstar Academiesinc?

Northstar Academiesinc's revenue in 2022 was $20,060,347.


Official website here: www.edisonlearning.com

Who are the executives of Northstar Academiesinc and what are their salaries?


Here are 3 key members and their salaries:


Leonard Posey (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ira Paul (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Shaw Adelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.edisonlearning.com

Where can I find the form 990 for Northstar Academiesinc?

Northstar Academiesinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.edisonlearning.com

Learn more at the official website: www.edisonlearning.com

Mission Statement of Northstar Academiesinc

Northstar Academiesinc, a nonprofit organization, is dedicated to providing educational opportunities to students who have dropped out of traditional schools or are at risk of doing so. Established with a mission to cater to students who find the conventional learning approach challenging, Northstar Academiesinc offers a unique solution through its high-tech charter schools.

Using advanced technology and a strong focus on individualized attention, Northstar Academiesinc's high schools provide students with the chance to earn a state-recognized diploma. The curriculum, grounded in extensive research, equips students with the necessary academic foundation to pursue continuing education or a suitable vocation upon graduation.

Northstar Academiesinc's innovative approach to education acknowledges that every student learns differently and provides them with the tools and support they need to succeed. By offering a high-tech, research-based curriculum and individualized attention, Northstar Academiesinc empowers students to regain their educational momentum and build a promising future.

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Impact




October, 2024

Northstar Academies has a profound impact on the educational landscape, particularly for students who have faced significant challenges in traditional schooling. By operating high school-level charter schools in Southeast Florida, the organization addresses the urgent need for alternative educational pathways for students at risk of dropping out.

Through a high-tech, research-based curriculum, Northstar Academies empowers these students to earn a state-recognized high school diploma. This achievement not only increases their chances for future success but also opens doors to continuing education and vocational opportunities. The emphasis on individualized attention and modern technology caters to diverse learning styles, fostering an environment where students can thrive.

By providing a supportive and alternative educational choice, Northstar Academies plays a crucial role in transforming the lives of students who might otherwise be left behind, ultimately contributing to a more educated and capable workforce in the community.




This information is meant to be a general summary of Northstar Academiesinc. 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
$20,060,347 (2022)
Expenses
$19,831,428 (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: $14,796,156
  • Gross Receipts: $20,060,347

Assets and Liabilities:

  • Total Assets: $20,578,684
  • Total Liabilities: $14,936,737
  • Net Assets: $5,641,947

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Programs

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

PROGRAM SERVICE

Revenue

$14,796,156

Organization Details

Founding Year

2008

Principal Officer

Leonard Posey

Main Address

ONE BROWARD BOULEVARD 1599, FORT LAUDERDALE, FL, 33301

NTEE Category

Code: B29 - Education

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