Overview
What is Accelerate Institute?
Accelerate Institute is a dedicated nonprofit organization situated in Chicago, Illinois, with a mission to empower every child to reach their full potential by collaborating with top-performing schools. The organization's primary objectives involve accelerating student achievement by training school principals and their leadership teams in efficient management strategies and tactics. This is accomplished through their School Accelerator program. Furthermore, the Leadership Academy offers day-to-day strategies to enhance leadership practices within schools, specifically for vice principals, assistant principals, and other leadership team members. By improving teachers' instructional methods, the institute aims to positively impact academic outcomes. Additionally, Accelerate Institute operates Alain Locke Charter School, a subsidiary focused on education, as part of its broader mission. [Maximum word limit: 119]
Official website here: www.accelerateinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Accelerate Institute has received a strong score of 89% from Charity Navigator, indicating solid performance in accountability and financial metrics. The organization boasts a fully independent board, ensuring that governance is free from conflicts of interest. The charity's rigorous financial oversight is highlighted by a 100% score for independent board members and a robust audit and oversight committee.
The nonprofit demonstrates effectiveness in its programs, with an impressive program expense ratio of 82.65%, meaning a significant portion of its funds is directed toward its mission. Additionally, its fundraising efficiency is commendable at $0.17 per dollar raised, reflecting sound financial practices. However, the organization faces some limitations, particularly with its independent board size, which could benefit from more members to enhance governance and diversity of perspectives.
While the organization upholds strong financial practices, it is essential for potential donors to consider the board's size and its implications for decision-making and organizational resilience. Overall, Accelerate Institute is positioned well for transparency and effective resource management, making it a viable option for those looking to support a nonprofit with proven accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Accelerate Institute legitimate?
Accelerate Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accelerate Institute 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: $565,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,269,055
For more financial information, click here
Official website here: www.accelerateinstitute.org
What is the mission statement of Accelerate Institute?
Accelerate Institute is an organization committed to enhancing the education of urban children. Their mission is to bridge the achievement gap by developing high-impact school leaders who can significantly boost student achievement. The organization achieves this by offering three key programs: the School Accelerator, which equips school principals and their leadership teams with high-output management strategies; the Leadership Academy, which provides practical strategies to improve school leadership, thereby improving teachers' instruction and positively impacting academic outcomes; and Alain Locke Charter School, an educational subsidiary under their umbrella.
Official website here: www.accelerateinstitute.org
Who is the CEO of Accelerate Institute?
Unavailable The CEO's salary of Accelerate Institute is $232,178 and their total compensation is $246,500.
Official website here: www.accelerateinstitute.org
What is the revenue of Accelerate Institute?
Accelerate Institute's revenue in 2023 was $2,250,299.
Official website here: www.accelerateinstitute.org
Who are the executives of Accelerate Institute and what are their salaries?
The average compensation at Accelerate Institute during 2023 was $114,631. There are 16 employees and 9 volunteers at Accelerate Institute.
Here are 13 key members and their salaries (Accelerate Institute's CEO's salary is $232,178 and their total compensation is $246,500):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $208,926
- Related: $0
- Other: $16,899
- Compensation: $52,775
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $232,178
- Related: $0
- Other: $14,322
- Compensation: $136,926
- Related: $0
- Other: $14,492
- Compensation: $112,700
- Related: $0
- Other: $11,790
- Compensation: $105,524
- Related: $0
- Other: $13,223
- Compensation: $128,605
- Related: $0
- Other: $17,815
- Compensation: $127,372
- Related: $0
- Other: $14,452
Official website here: www.accelerateinstitute.org
Where can I find the form 990 for Accelerate Institute?
Accelerate Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.accelerateinstitute.org
Learn more at the official website: www.accelerateinstitute.org
Mission Statement of Accelerate Institute
Accelerate Institute, a nonprofit organization, is committed to enhancing the lives of urban children through education. Its primary mission is to bridge the achievement gap by cultivating high-impact school leaders who can significantly boost student achievement. By partnering with high-performing schools, Accelerate Institute strives to ensure that every child has the opportunity to reach their full potential.
The organization operates through three key programs. The School Accelerator is designed to equip school principals and their leadership teams with strategic management techniques and tactics. These tools are intended to accelerate the academic progress of underperforming schools. Meanwhile, the Leadership Academy provides practical strategies to enhance leadership practices within schools. By improving instructional practices among teachers and positively impacting academic outcomes, this program aims to contribute to the overall improvement of student achievement. Lastly, Accelerate Institute also manages Alain Locke Charter School, its subsidiary, which further reinforces its mission of fostering academic excellence among urban children.
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Impact
October, 2024
Accelerate Institute significantly enhances educational outcomes for urban children through targeted programs aimed at improving school leadership and student achievement. By partnering with high-performing schools, the organization equips principals and their leadership teams with high output management strategies that drive dramatic improvements in academic performance.
The School Accelerator program focuses on training to help underperforming schools transform their practices, ensuring that students receive the quality education they deserve. Meanwhile, the Leadership Academy empowers vice principals, assistant principals, and other leadership team members with practical strategies tailored to elevate instructional practices among teachers. This, in turn, fosters a positive impact on academic outcomes.
Additionally, through initiatives like the Alain Locke Charter School, Accelerate Institute actively engages in creating environments where students can thrive, ultimately working towards closing the achievement gap and enabling every child to reach their full potential.
This information is meant to be a general summary of Accelerate Institute. 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 2023.
- Investment Income: $37,807
- Program Service Revenue: $194,790
- Gross Receipts: $2,511,427
Assets and Liabilities:
- Total Assets: $978,286
- Total Liabilities: $120,199
- Net Assets: $858,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$194,790
Organization Details
Founding Year
1991
Phone
(312) 893-6600Main Address
150 N Michigan Avenue 2100, Chicago, IL, 606017559
Website
www.accelerateinstitute.orgNTEE Category
Code: B110 - Education
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