Overview
What is Drexel Foundation For Educational Excellence?
The Drexel Foundation for Educational Excellence, also known as Thea Bowman Leadership Academy, is a nonprofit organization based in Gary, Indiana. With a team of 107 employees, they run a charter school dedicated to fostering academic success. Their mission involves providing instruction and counseling in both academic and physical education curriculums, aiming to promote excellence for their students. The foundation's activities are focused on creating an environment that encourages learning and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Drexel Foundation For Educational Excellence has received a 73% rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and financial metrics. The foundation demonstrates a strong commitment to governance with a fully independent board and rigorous auditing processes, which are positive indicators of organizational integrity.
However, the foundation has notable deficiencies, particularly in its policies regarding whistleblower protection and document retention, both of which were marked as missing. Additionally, the absence of the tax form on the nonprofit's website may raise transparency concerns for potential donors and stakeholders. These limitations detract from an otherwise solid financial management profile, where a high program expense ratio suggests a focus on its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Drexel Foundation For Educational Excellence legitimate?
Drexel Foundation For Educational Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drexel Foundation For Educational Excellence 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: $151,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Drexel Foundation For Educational Excellence?
The Drexel Foundation for Educational Excellence is dedicated to the advancement of academic excellence through a charter school setting. This institution provides instruction and counseling, encompassing both academic and physical education curriculums. Its primary focus is on fostering a conducive learning environment that encourages students to reach their full potential. The foundation is committed to delivering quality education and supporting the holistic development of its students. By providing a solid academic foundation, the foundation aims to equip students with the necessary skills and knowledge for future success.
Who is the CEO of Drexel Foundation For Educational Excellence?
Michael Suggs is the President of Drexel Foundation For Educational Excellence.
What is the revenue of Drexel Foundation For Educational Excellence?
Drexel Foundation For Educational Excellence's revenue in 2022 was $12,462,506.
Who are the executives of Drexel Foundation For Educational Excellence and what are their salaries?
The average compensation at Drexel Foundation For Educational Excellence during 2022 was $1,419. There are 107 employees at Drexel Foundation For Educational Excellence.
Here are 8 key members and their salaries:
- Compensation: $129,129
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- Other: $16,916
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Drexel Foundation For Educational Excellence?
Drexel Foundation For Educational Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Drexel Foundation For Educational Excellence
The Drexel Foundation for Educational Excellence is a dedicated charter school, committed to fostering academic excellence for its students. Established with a clear mission, this educational institution focuses on delivering quality instruction and counseling in both academic and physical curriculums (activityOrMissionDesc & missionDesc).
In action, the Drexel Foundation for Educational Excellence strives to provide a stimulating learning environment where students can thrive. By offering comprehensive academic and physical education programs, this organization sets the stage for its students to achieve their full potential. With a strong emphasis on instruction, the school ensures that each student receives the guidance they need to succeed. Moreover, counseling services are readily available, offering support and assistance when needed.
Through its unwavering dedication to academic excellence, the Drexel Foundation for Educational Excellence empowers its students to reach new heights. The organization's commitment to quality education equips students with the necessary tools to excel not only within the classroom but also in their future endeavors.
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Impact
October, 2024
Drexel Foundation For Educational Excellence significantly impacts the academic landscape by operating a charter school dedicated to promoting high standards of academic achievement. Located in Gary, Indiana, the foundation focuses on providing comprehensive instruction and counseling in both academic and physical education curriculums. By prioritizing educational excellence, it helps students develop the skills necessary for future success, contributing to the overall improvement of educational outcomes in the community. Its mission fosters an environment where students can thrive academically and physically, ensuring they receive a well-rounded education.
This information is meant to be a general summary of Drexel Foundation For Educational Excellence. 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: $444
- Program Service Revenue: $85,116
- Gross Receipts: $12,462,506
Assets and Liabilities:
- Total Assets: $18,665,189
- Total Liabilities: $16,223,944
- Net Assets: $2,441,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$85,116
Organization Details
Founding Year
2003
Principal Officer
Michael Suggs
Main Address
3401 W 5TH AVENUE, GARY, IN, 46404
NTEE Category
Code: B20 - Education
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