Overview
What is Providence St Mel School?
Providence St Mel School is an independent, private institution located in Chicago, Illinois, specifically at 119 South Central Park Blvd, 60624. It serves students from preschool to grade 12, offering a high-quality, college-preparatory education. The school's mission is to empower its students, primarily from Chicago's west side, by providing them with a solid educational foundation to succeed in higher education. During the 2019-2020 academic year, the school provided 177 days of instruction to 299 students. Notably, 12 students completed their 12th grade, all gaining acceptance into four-year colleges and universities. The school also extends its support through grants and scholarships to organizations and students. With a team of 64 dedicated employees, Providence St Mel School strives to foster academic growth and individual success in its students.
Official website here: www.psmnow.com
What are the reviews and ratings of this charity?
**Rating: 96% (Four-Star out of Four Star Rating on Charity Navigator)**
Providence St Mel School has achieved an impressive Four-Star rating on Charity Navigator, reflecting strong performance in accountability and finance. With a score of 96%, the organization showcases a high level of financial transparency and governance, exemplified by its independent board members and effective audit oversight. The school maintains a solid program expense ratio of over 75%, indicating a substantial commitment to utilizing funds directly for educational programs.
The organization demonstrates several strengths, including a conflict of interest policy and a whistleblower policy, both of which contribute to a transparent operational culture. However, it does have some limitations; notably, the school’s tax form was not posted on its website as required, which slightly detracts from its accountability score. Despite this, the absence of material diversion of assets reflects financial integrity.
User reviews from GreatNonprofits could not be fetched, so specific public sentiment regarding user experiences with Providence St Mel School is not available. Nevertheless, the overall financial health and accountability rating suggest the organization is well-managed and committed to its mission of providing quality education.
This AI summary has been generated from information found on Charity Navigator.
Is Providence St Mel School legitimate?
Providence St Mel School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence St Mel 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: $428,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,043,917
For more financial information, click here
Official website here: www.psmnow.com
What is the mission statement of Providence St Mel School?
Providence St Mel School is committed to providing a top-notch, college-preparatory education to students from preschool through 12th grade. This independent, private institution has a mission to empower its students, primarily from Chicago's West Side, with a quality education that sets them up for higher education. The school successfully offered 177 days of instruction to 299 students, with 12 graduates all gaining admission into four-year colleges and universities. Grants and scholarships were distributed to both organizations and students to support their education.
Official website here: www.psmnow.com
Who is the CEO of Providence St Mel School?
Unavailable
Official website here: www.psmnow.com
What is the revenue of Providence St Mel School?
Providence St Mel School's revenue in 2022 was $7,055,084.
Official website here: www.psmnow.com
Who are the executives of Providence St Mel School and what are their salaries?
The average compensation at Providence St Mel School during 2022 was $38,637. There are 64 employees and 59 volunteers at Providence St Mel School.
Here are 37 key members and their salaries:
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- Other: $30,953
Official website here: www.psmnow.com
Where can I find the form 990 for Providence St Mel School?
Providence St Mel School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.psmnow.com
Learn more at the official website: www.psmnow.com
Mission Statement of Providence St Mel School
Providence St. Mel School, an independent and private institution, is committed to delivering a high-quality, college-preparatory education to students from preschool through grade 12. The school's primary focus is on students residing on Chicago's West Side. Its mission is to equip these students with the necessary skills and knowledge, preparing them for higher education. The school provides 177 days of instruction to its students, and in the past year, 12 students successfully completed grade 12, all of whom were accepted into four-year colleges and universities. To further support its students, Providence St. Mel School offers grants and scholarships to eligible organizations and students.
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Impact
October, 2024
Providence St Mel School significantly impacts the educational landscape of Chicago's West Side by offering a high-quality, college preparatory education from preschool through 12th grade. Over the past academic year, the school provided 177 days of instruction to 299 students, fostering a supportive and challenging learning environment.
Notably, all 12 students who completed Grade 12 were accepted into four-year colleges and universities, demonstrating the school's effectiveness in preparing students for higher education. Alongside its academic achievements, Providence St Mel also plays a crucial role in community enrichment through grants and scholarships aimed at both organizations and students, reinforcing its commitment to educational accessibility and excellence. The school's mission to empower its students positions it as a vital institution in the community, offering hope and opportunity to families in the area.
This information is meant to be a general summary of Providence St Mel 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 2022.
- Investment Income: $2,748,165
- Program Service Revenue: $1,847,123
- Gross Receipts: $10,629,172
Assets and Liabilities:
- Total Assets: $91,894,130
- Total Liabilities: $999,505
- Net Assets: $90,894,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$1,831,816
STUDENT EVENT REVENUE
Revenue
$10,763
Testing, transcripts, misc
Revenue
$4,424
FIELD TRIP REVENUE
Revenue
$120
Organization Details
Founding Year
1978
Phone
(773) 722-4600Main Address
119 South Central Park Blvd, Chicago, IL, 60624
Website
www.psmnow.comNTEE Category
Code: B25 - Education
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