Overview
What is Vector School District Inc?
Vector School District Inc, located at 2020 N Arizona Ave, Chandler, AZ 85225, is a nonprofit organization dedicated to serving approximately 192 students in kindergarten through 6th grade. Their mission is to offer high-quality, college-preparatory educational programs and services, focusing on students who can benefit from individualized instruction. This includes at-risk students, with the aim of fostering lifelong learning and developing character through academic, athletic, and artistic pursuits. With a team of 24 employees, Vector School District Inc is committed to providing a supportive and enriching learning environment for its students and families.
Official website here: www.vectorprepandarts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Vector School District Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 66%. This rating indicates that while the organization demonstrates some strong practices, particularly in financial accountability with a 92.26% program expense ratio, there are significant areas that require improvement, notably in governance and board independence.
The organization scores well in areas such as financial audits and the presence of policies for whistleblowers and conflict of interest, which are essential for operational transparency. However, the lack of independent board members, receiving a score of 0% in that area, raises concerns about governance and oversight. Additionally, the liabilities to assets ratio is high at 114.18%, suggesting potential financial risks.
While Vector School District Inc has certain strengths in financial management, the overall governance structure and independence of the board could be enhanced to improve their accountability and effectiveness. Addressing these limitations could help elevate their rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Vector School District Inc legitimate?
Vector School District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vector School District Inc 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: $943,560
For more financial information, click here
Official website here: www.vectorprepandarts.com
What is the mission statement of Vector School District Inc?
Vector School District Inc's mission is centered around offering high-quality, college-preparatory educational programs and services to students, particularly those who can benefit from individualized instruction. This mission extends to supporting the families they serve. The school aims to foster lifelong learning and character development through academics, sports, and arts. Vector School District, Inc., catering to around 192 students from kindergarten to 6th grade, strives to create an environment that stimulates learning while nurturing character development.
Official website here: www.vectorprepandarts.com
Who is the CEO of Vector School District Inc?
Kj Weihing is the Director of Vector School District Inc.
Official website here: www.vectorprepandarts.com
What is the revenue of Vector School District Inc?
Vector School District Inc's revenue in 2022 was $2,430,288.
Official website here: www.vectorprepandarts.com
Who are the executives of Vector School District Inc and what are their salaries?
The average compensation at Vector School District Inc during 2022 was $39,315. There are 24 employees at Vector School District Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $150,873
- Other: $4,830
- Compensation: $0
- Related: $142,800
- Other: $4,830
Official website here: www.vectorprepandarts.com
Where can I find the form 990 for Vector School District Inc?
Vector School District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vectorprepandarts.com
Learn more at the official website: www.vectorprepandarts.com
Mission Statement of Vector School District Inc
Vector School District Inc is committed to offering high-quality college preparatory educational programs and services to students who can benefit significantly from individualized instruction. This mission is extended to families as well, aiming to stimulate a lifelong learning mindset and foster character development through academics, sports, and arts. Specifically, the organization caters to at-risk students, providing them with the individualized attention and support they need to succeed. The school served approximately 192 students in kindergarten through 6th grade, demonstrating its dedication to nurturing young minds and preparing them for future educational endeavors.
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Impact
July, 2024
Vector School District Inc's impact is evident in the lives of approximately 192 students in kindergarten through 6th grade in Chandler, Arizona. The school's mission to provide high-quality college preparatory educational programs and individualized instruction is making a difference in the academic and personal development of these students. By focusing on stimulating lifelong learning and character development through academics, athletics, and the arts, Vector School District Inc is helping these students reach their full potential and prepare for future success.
This information is meant to be a general summary of Vector School District Inc. 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.
- Program Service Revenue: $97,260
- Gross Receipts: $2,430,288
Assets and Liabilities:
- Total Assets: $7,376,079
- Total Liabilities: $8,563,661
- Net Assets: -$1,187,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent - Related Charter school & non-profit
Revenue
$97,260
Organization Details
Founding Year
2006
Phone
(480) 779-2010Principal Officer
Kj Weihing
Main Address
2020 N Arizona Ave, Chandler, AZ, 85225
Website
www.vectorprepandarts.comNTEE Category
Code: B29 - Education
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