Overview
What is Step Academy Charter School?
Step Academy Charter School, situated in St. Paul, Minnesota, is a public educational institution that serves students from kindergarten through twelfth grade. Its primary objective is to inspire academic excellence, encouraging students to earn college credits during their high school years. This early exposure to higher education equips them with the necessary motivation and skills to seamlessly transition into college and excel in their chosen fields, particularly in scientific, technical, and skilled careers. The school's mission is to foster personal growth and development, empowering students to become responsible, contributing members of the global community. With a dedicated team of 98 employees, Step Academy Charter School is committed to providing a nurturing environment that nurtures each student's unique talents and potentials.
Official website here: www.stepacademymn.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 77% (Three-Star out of Four Stars )**ar Rating)**
Step Academy Charter School has received a Three-Star rating from Charity Navigator, reflecting a solid performance in the area of Accountability & Finance. The score indicates a strong commitment to governance practices, with a majority of board members being independent and evidence of substantial oversight through financial audits and policies designed to mitigate risks.
The organization shows commendable financial efficiency, as it allocates approximately 90% of its expenses directly to programs. While the academy does exhibit strengths in areas such as conflict of interest policies and board governance, it does have a noted area of concern regarding its liabilities-to-assets ratio, which could suggest potential financial risks if not addressed.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving a gap in understanding the perspectives of those directly interacting with the academy. Overall, the financial health and governance practices paint a positive picture, albeit with some areas that may require ongoing attention.
This AI summary has been generated from information found on Charity Navigator.
Is Step Academy Charter School legitimate?
Step Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Step Academy Charter 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: $292,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,207,223
For more financial information, click here
Official website here: www.stepacademymn.org
What is the mission statement of Step Academy Charter School?
Step Academy Charter School's mission is centered around empowering its students. This public institution serves grades K-12 with an objective to inspire its pupils to utilize their inherent qualities and gained knowledge to lead fulfilling lives and contribute positively to the global community. The school emphasizes on early college education, ensuring that students achieve academic excellence, earn college credits while in high school, and are adequately prepared to transition smoothly into college. Upon graduation, the students are expected to possess the necessary skills and knowledge required for employment in scientific, technical, and other skilled careers.
Official website here: www.stepacademymn.org
What is the revenue of Step Academy Charter School?
Step Academy Charter School's revenue in 2024 was $13,148,186.
Official website here: www.stepacademymn.org
Who are the executives of Step Academy Charter School and what are their salaries?
The average compensation at Step Academy Charter School during 2024 was $35,029. There are 157 employees and 4 volunteers at Step Academy Charter School.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $45,130
- Related: $0
- Other: $19,379
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- Other: $0
- Compensation: $160,820
- Related: $0
- Other: $22,835
Official website here: www.stepacademymn.org
Where can I find the form 990 for Step Academy Charter School?
Step Academy Charter School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.stepacademymn.org
Learn more at the official website: www.stepacademymn.org
Mission Statement of Step Academy Charter School
Step Academy Charter School, a public institution serving grades K-12, is committed to empowering its students. Their mission is to instill in pupils the confidence to utilize their inherent qualities and accumulated knowledge to lead fulfilling lives and contribute positively to the global community. By fostering an environment that encourages early college education, Step Academy ensures that its students excel academically, earn college credits while still in high school, and are adequately prepared to seamlessly transition into higher education. The ultimate goal is for these students to graduate with the necessary skills and knowledge required for careers in scientific, technical, and other skilled fields.
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Impact
October, 2024
Step Academy Charter School has a profound impact on the educational landscape in St. Paul, Minnesota, serving grades K-12 with a focus on academic excellence and early college education. By ensuring that all students have the opportunity to earn college credit while still in high school, Step Academy equips young learners with the critical skills and knowledge essential for success in higher education and future careers.
The school's commitment to motivating and preparing students for college not only enhances their academic capabilities but also fosters a sense of ownership over their education. This empowerment enables students to develop personal attributes that contribute to their growth as responsible, skilled individuals ready to thrive in a global community.
Moreover, Step Academy's emphasis on education in scientific and technical fields aligns with the demands of today’s job market, preparing students for employment in high-demand careers. The school’s mission to cultivate engaged and productive citizens helps shape not only individual futures but also strengthens the community as a whole. Through its comprehensive educational approach, Step Academy Charter School makes significant strides in transforming the lives of its students and fostering a brighter, more informed future.
This information is meant to be a general summary of Step Academy Charter 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 2024.
- Investment Income: $4,016
- Program Service Revenue: $32,892
- Gross Receipts: $13,148,186
Assets and Liabilities:
- Total Assets: $8,986,630
- Total Liabilities: $8,843,512
- Net Assets: $143,118
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees from patrons
Revenue
$20,471
Student activities
Revenue
$7,180
Medical assistance
Revenue
$5,241
Organization Details
Founding Year
2009
Principal Officer
Mustafa Ibrahim
Website
www.stepacademymn.orgNTEE Category
Code: B29 - Education
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