Overview
What is Charter Development Foundation Inc?
Charter Development Foundation Inc, based in Roswell, Georgia, is a nonprofit organization with a single employee. Their primary purpose is to provide capital and support to educational institutions, specifically to Edge Learning, Inc. and Akros Middle School, which operate charter schools in various communities in Northeast Ohio. The foundation offers a range of assistance, including administrative services, consulting, development aid, facilities, equipment, grants, loans, and other financial aid. In addition, the organization may extend its support to any community school or tax-exempt organization that maintains a community school, providing similar services. Overall, Charter Development Foundation Inc aims to contribute to the growth and success of charter schools in Northeast Ohio.
Is Charter Development Foundation Inc legitimate?
Charter Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charter Development Foundation Inc 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Charter Development Foundation Inc?
The Charter Development Foundation Inc's primary objective is to support charter schools in various communities in Northeast Ohio. This is achieved by providing administrative services, consulting, development assistance, facilities and equipment, as well as financial aid in the form of grants, loans, and other forms of assistance. The organization's mission extends beyond supporting Edge Learning, Inc. and Akros Middle School, as it is also prepared to provide capital and assistance to any community school or tax-exempt organization that operates a community school. This includes the provision of administrative services, consulting, development assistance, facilities, and equipment, as well as grants, loans, and other financial aid.
Who is the CEO of Charter Development Foundation Inc?
David Dudas is the President of Charter Development Foundation Inc.
What is the revenue of Charter Development Foundation Inc?
Charter Development Foundation Inc's revenue in 2022 was $502,339.
Who are the executives of Charter Development Foundation Inc and what are their salaries?
The average compensation at Charter Development Foundation Inc during 2022 was $12,000. There is 1 employee and 2 volunteers at Charter Development Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Charter Development Foundation Inc?
Charter Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Charter Development Foundation Inc
Charter Development Foundation Inc, a nonprofit organization, is dedicated to supporting charter schools in various communities across Northeast Ohio. Its primary mission involves providing capital and various types of assistance to Edge Learning, Inc. and Akros Middle School, both of which are established to operate charter schools in the region. Beyond this, the foundation may extend its support to any community school or tax-exempt organization that manages a community school, offering administrative services, consulting and development assistance, facilities and equipment, as well as grants, loans, and other financial assistance.
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Impact
October, 2024
Charter Development Foundation Inc has a significant impact on the educational landscape in various Northeast Ohio communities by supporting the establishment and operation of charter schools, specifically Edge Learning, Inc. and Akros Middle School. By providing essential resources such as capital, administrative services, consulting, and development assistance, the foundation helps these schools thrive and deliver quality education to their students.
The provision of financial assistance, including grants and loans, enables these institutions to acquire necessary facilities and equipment, fostering an environment conducive to effective learning. This support not only enhances the operational capabilities of Edge Learning and Akros Middle School but also contributes to the overall improvement of educational opportunities available to the community.
Through its targeted initiatives, Charter Development Foundation Inc plays a crucial role in nurturing educational innovation and accessibility, ultimately empowering students and families in Northeast Ohio to benefit from diverse, high-quality educational choices.
This information is meant to be a general summary of Charter Development Foundation Inc. 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.
- Investment Income: $3,135
- Program Service Revenue: $497,806
- Gross Receipts: $502,339
Assets and Liabilities:
- Total Assets: $4,501,022
- Total Liabilities: $2,042,396
- Net Assets: $2,458,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$497,806
Organization Details
Founding Year
2000
Phone
(216) 559-1767Principal Officer
David Dudas
Main Address
1365 CASHIERS WAY, ROSWELL, GA, 30075
NTEE Category
Code: B11 - Education
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