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Wolcott School

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

EIN: 364496852 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Wolcott School?

Wolcott School Dba - Wolcott College Prep High School is an exemplary college preparatory institution for students with learning differences. Located in Chicago, Illinois, the school serves a diverse population, emphasizing its students' strengths and providing an environment conducive to self-awareness, confidence, and resilience development. The school's faculty is dedicated to helping students excel academically, communicate effectively, and grow socially, utilizing best practices and a tailored approach to each student's strengths and aspirations. With a close-knit, intentionally diverse community, Wolcott students have the opportunity to explore their interests and talents while cultivating a sense of responsibility towards themselves and others. The school employs 76 individuals, committed to ensuring each student's success in college and beyond.


Official website here: www.wolcottcollegeprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars) on Charity Navigator

Wolcott School, operating as Wolcott College Prep High School, has earned an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. This rating is primarily derived from a robust performance in financial practices, with 100% of board members being independent and exemplary management of financial statements. However, it is noted that while the organization has minor gaps, such as the absence of their tax form on their website, they still maintain important policies in place, including conflict of interest and whistleblower policies.

The organization demonstrates a strong commitment to program expenses, allocating nearly 80% of their budget towards programs, which speaks to their focus on fulfilling their mission. The school showcases a well-structured governance model with a large, independent board, contributing positively to its overall financial health. While the school appears to be in solid standing, it does lack evaluation in aspects related to impact and community which may limit comprehensive assessments of their program efficacy.

Unfortunately, user reviews from GreatNonprofits are currently unavailable, so we cannot present direct feedback from individuals associated with the nonprofit. However, the organization's high financial rating reflects their dedication to transparency and effective management, which are crucial for potential donors and community members interested in supporting their initiatives.


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

Is Wolcott School legitimate?

Wolcott School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wolcott 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: $350,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,918,408

For more financial information, click here


Official website here: www.wolcottcollegeprep.org

What is the mission statement of Wolcott School?

Wolcott School Dba - Wolcott College Prep High School is an exemplary college preparatory high school specifically designed for students with learning differences. The institution tailors its approach to the unique strengths and aspirations of each student, employing best practices and a dedicated faculty committed to helping students academically succeed, communicate effectively, and develop social skills. The school fosters self-awareness, confidence, and resilience in its students, preparing them to thrive in higher education and beyond. As valued members of a diverse and close-knit community, Wolcott students cultivate their interests and talents, develop a sense of purpose, and learn the importance of responsibility towards themselves and others.


Official website here: www.wolcottcollegeprep.org

Who is the CEO of Wolcott School?

Jeffrey I Aeder is the Treasurer of Wolcott School.


Official website here: www.wolcottcollegeprep.org

What is the revenue of Wolcott School?

Wolcott School's revenue in 2022 was $9,188,967.


Official website here: www.wolcottcollegeprep.org

Who are the executives of Wolcott School and what are their salaries?

The average compensation at Wolcott School during 2022 was $56,173. There are 76 employees and 150 volunteers at Wolcott School.


Here are 23 key members and their salaries:


Jeffrey I Aeder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Levine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancia Shawver (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Pittacora (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Bellick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Diamond Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Dybas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gamble (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Henschel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Kole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Mirkovic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fazli Qadir (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Salisbury (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evonne Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eve Tyree (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miriam Pike (Head Of School)
  • Compensation: $217,918
  • Related: $0
  • Other: $28,455
Lata Balagangadharan (Director Of Finance And Operations)
  • Compensation: $101,853
  • Related: $0
  • Other: $2,537
Marybeth Kravets (Director Of College Counseling)
  • Compensation: $138,254
  • Related: $0
  • Other: $544
Daphne Sajous-Brady (Director Of College Counseling)
  • Compensation: $124,442
  • Related: $0
  • Other: $3,733
Nancy Seiler (Director Of Outreach, Community Programs, And Jame)
  • Compensation: $104,851
  • Related: $0
  • Other: $31,758
Ravi Shah (Faculty, Summer Enrichment Principal)
  • Compensation: $101,866
  • Related: $0
  • Other: $10,205
Rachel Spiro (Director Of Admissions)
  • Compensation: $107,590
  • Related: $0
  • Other: $28,964


Official website here: www.wolcottcollegeprep.org

Where can I find the form 990 for Wolcott School?

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


Official website here: www.wolcottcollegeprep.org

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

Mission Statement of Wolcott School

Wolcott School Dba - Wolcott College Prep High School is an exemplary college preparatory high school, specifically designed for students with learning differences. The school tailors its approach to the unique strengths and aspirations of each student, employing best practices to help them achieve academically, communicate effectively, and grow socially. Wolcott's expert faculty is deeply committed to fostering self-awareness, confidence, and resilience in its students, equipping them with the tools necessary to thrive in college and beyond. Within this intentional and close-knit community, Wolcott students cultivate their interests and talents, developing a sense of purpose and responsibility towards themselves and others.

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Impact




October, 2024

Wolcott School makes a profound impact by providing a tailored educational environment for students with learning differences. Its exemplary college preparatory approach focuses on the unique strengths and aspirations of each student, enabling them to achieve academically and develop essential life skills. The dedicated faculty employs best practices to foster effective communication, social growth, self-awareness, confidence, and resilience, preparing students not just for college, but for life beyond.

As part of an intentionally diverse and close-knit community, Wolcott students are encouraged to cultivate their interests and talents while also developing a strong sense of purpose and responsibility toward themselves and others. This holistic focus not only empowers students to thrive academically but also nurtures their personal and social development, contributing positively to their communities and beyond. By fostering an inclusive environment, Wolcott School changes the trajectory of students’ lives, equipping them with the tools to succeed and make a meaningful impact in the world.




This information is meant to be a general summary of Wolcott 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.

Revenue
$9,188,967 (2022)
Expenses
$7,317,715 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $767
  • Program Service Revenue: $5,483,680
  • Gross Receipts: $9,618,643

Assets and Liabilities:

  • Total Assets: $19,512,584
  • Total Liabilities: $3,054,957
  • Net Assets: $16,457,627

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$5,483,680

Organization Details

Founding Year

2002

Principal Officer

Jeffrey I Aeder

Main Address

524 N WOLCOTT AVENUE, CHICAGO, IL, 60622

NTEE Category

Code: B25 - Education

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