Overview
What is Ariel Education Initiative?
Ariel Education Initiative is a nonprofit organization that supports the operational needs of Ariel Community Academy, a Chicago public school, by providing additional staff and financial resources. Their primary objective is to integrate a distinctive financial literacy curriculum into the school's educational program. By offering real-life investment opportunities to students, Ariel Education Initiative empowers students to manage a portion of their class portfolio. Economic lessons are incorporated into various subjects and grade levels at the school, fostering a well-rounded understanding of financial concepts.
Official website here: www.arielinvestments.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
The Ariel Education Initiative has earned an 89% score from Charity Navigator, reflecting a strong emphasis on accountability and finance. This score is derived from a single beacon focused on these aspects, indicating that the organization is well-managed and adheres to high standards of transparency and responsibility in its financial practices.
One of the notable strengths of the organization is its governance structure, with 100% of board members being independent, which enhances its objectivity and commitment to ethical management. The initiative also scores perfectly in several areas, such as financial statements oversight and material diversion of assets, which speaks to its effective financial management practices and integrity.
Despite these strengths, there are no explicit limitations noted in the data provided. The high program expense ratio of 94.46% suggests that a significant portion of its resources is directed towards its educational initiatives, indicating a focus on fulfilling its mission. Overall, the Ariel Education Initiative demonstrates strong accountability and financial health, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Ariel Education Initiative legitimate?
Ariel Education Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ariel Education Initiative 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: $253,927
For more financial information, click here
Official website here: www.arielinvestments.com
What is the mission statement of Ariel Education Initiative?
The Ariel Education Initiative's mission is centered around supporting a Chicago public school, Ariel Community Academy, by providing additional staff and funding. Their primary objective is to incorporate a financial literacy curriculum into the school's curriculum. This curriculum allows students to manage a portion of their own class portfolio, offering them the practical experience of investing real money. Economic concepts are integrated into lessons across various subjects and grade levels within the school.
Official website here: www.arielinvestments.com
Who is the CEO of Ariel Education Initiative?
Auyana Orr is the Board Member of Ariel Education Initiative.
Official website here: www.arielinvestments.com
What is the revenue of Ariel Education Initiative?
Ariel Education Initiative's revenue in 2022 was $570,673.
Official website here: www.arielinvestments.com
Who are the executives of Ariel Education Initiative and what are their salaries?
The average compensation at Ariel Education Initiative during 2022 was $28,214. There are 9 employees and 3 volunteers at Ariel Education Initiative.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.arielinvestments.com
Where can I find the form 990 for Ariel Education Initiative?
Ariel Education Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arielinvestments.com
Learn more at the official website: www.arielinvestments.com
Mission Statement of Ariel Education Initiative
Ariel Education Initiative, a nonprofit organization, plays a significant role in supporting Ariel Community Academy, a Chicago public school. Its mission is centered around enhancing the educational experience of the students by incorporating a unique financial literacy curriculum into their instruction. This curriculum is not confined to a single subject, but rather, economic concepts are woven into lessons across various grade levels.
The heart of Ariel Education Initiative's mission lies in giving students the opportunity to manage real money and have a hand in managing their class portfolio. By doing so, they are not only learning theoretical concepts but also gaining practical experience in financial management. This innovative approach to education aims to equip students with essential financial skills, preparing them for future financial responsibilities. The organization's mission aligns with the belief that financial literacy is a crucial life skill that should be introduced at an early age.
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Impact
July, 2024
The Ariel Education Initiative has had a significant impact in supporting the overall operations at Ariel Community Academy in Chicago. By providing supplemental staff and general funding, the organization has been able to infuse a unique financial literacy curriculum into the school's instruction. This has allowed students at Ariel Community Academy to gain practical experience by investing real money and managing a portion of their own class portfolio. Additionally, economic concepts are taught at all grade levels and integrated throughout all subject areas at the school. As a result, the Ariel Education Initiative is effectively equipping students with essential financial skills and knowledge that will benefit them in their future endeavors.
This information is meant to be a general summary of Ariel Education Initiative. 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: $25,723
- Gross Receipts: $585,190
Assets and Liabilities:
- Total Assets: $549,547
- Total Liabilities: $7,534
- Net Assets: $542,013
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Organization Details
Founding Year
1996
Principal Officer
Auyana Orr
Main Address
200 E Randolph St STE 2900, Chicago, IL, 60601
Website
www.arielinvestments.comNTEE Category
Code: B129 - Education
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