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Options Schools

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

EIN: 352157301 ✦ Noblesville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Options Schools?

Options Schools is a nonprofit organization situated in Noblesville, Indiana, offering an alternative educational experience for students within Hamilton County. Through its charter school mission, Options Schools provides an alternative to traditional public schools, catering to the needs of its local community. The organization's primary activity involves operating as a charter school, offering a distinctive learning environment to its students.


Official website here: www.optionsined.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)**

Options Schools holds a rating of 73% from Charity Navigator, signifying a need for improvement. The assessment focuses on Accountability & Finance, where the organization's scoring reflects strong governance with an entirely independent board and a high program expense ratio. However, certain policy implementations are lacking, including a whistleblower and document retention policy.

The areas where Options Schools excel include the absence of asset diversion and the presence of oversight mechanisms, indicating a commitment to financial transparency. Still, the absence of additional metrics like Impact & Measurement, Culture & Community, and Leadership & Adaptability limits a comprehensive understanding of the organization's overall effectiveness and community influence.

User reviews from GreatNonprofits could not be obtained, leaving feedback and sentiments from the general public unreported. Overall, while Options Schools demonstrates solid foundations in governance and finance, improvements in policy adherence and broader impact assessments are recommended for future enhancement.


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

Is Options Schools legitimate?

Options Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,728,585

For more financial information, click here


Official website here: www.optionsined.org

What is the mission statement of Options Schools?

Options Schools, as a charter school, provides an alternative education option for students in Hamilton County, Indiana. Its mission is centered around offering a different educational experience compared to traditional public schools. Situated in Noblesville, IN, the school aims to cater to the needs of its students through its unique charter school mission. While specific details about the objectives or goals of the school's mission are not provided, it is clear that Options Schools seeks to offer an alternative educational experience to students in the area.


Official website here: www.optionsined.org

Who is the CEO of Options Schools?

Jack Colwell is the Board Chair of Options Schools.


Official website here: www.optionsined.org

What is the revenue of Options Schools?

Options Schools's revenue in 2022 was $8,620,480.


Official website here: www.optionsined.org

Who are the executives of Options Schools and what are their salaries?

The average compensation at Options Schools during 2022 was $37,528. There are 126 employees at Options Schools.


Here are 9 key members and their salaries:


Matt Abbott (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Barker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Carmean (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Colwell (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Heuser (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lyons Iii (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kerr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Nguyen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Segal (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.optionsined.org

Where can I find the form 990 for Options Schools?

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


Official website here: www.optionsined.org

Learn more at the official website: www.optionsined.org

Mission Statement of Options Schools

Options Schools, as a charter school, provides an alternative educational environment for students in Hamilton County, Indiana. Its mission is centered around offering an alternative to traditional public schools, aiming to cater to the unique needs and learning styles of its students. Located in Noblesville, IN, Options Schools is dedicated to providing a distinctive educational experience.

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Impact




October, 2024

Options Schools significantly impacts the educational landscape in Hamilton County, Indiana, by providing an alternative to traditional public schools. Located in Noblesville, Options Schools caters to students who may benefit from a different approach to learning, fostering an environment where diverse educational needs are met. Through its charter school mission, Options Schools promotes individualized learning experiences, helping students to thrive academically and personally. This tailored approach not only supports students who may struggle in conventional settings but also empowers them to reach their full potential, ultimately contributing to a more inclusive education system within the community.




This information is meant to be a general summary of Options 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
$8,620,480 (2022)
Expenses
$8,738,408 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $8,620,480

Assets and Liabilities:

  • Total Assets: $583,719
  • Total Liabilities: $1,016,102
  • Net Assets: -$432,383

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Organization Details

Principal Officer

Jack Colwell

Main Address

18077 RIVER ROAD STE 106, NOBLESVILLE, IN, 46062

NTEE Category

Code: B29 - Education

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