Overview
What is The Potters House?
The Potters House is a renowned, Christ-centered educational institution situated in the heart of urban Grand Rapids, Michigan. Serving over 600 students, the school boasts an inclusive environment with 60% of its student body coming from low-income families and representing various ethnic backgrounds. Tuition is tailored to each family's financial capacity, and 90% of them receive some form of financial aid. Funding for the school primarily comes from individual donations, foundations, churches, and corporations, contributing to 80% of the total revenue. The Potters House prides itself on defying urban education statistics, achieving a remarkable 98% high school graduation rate for the past three years. Moreover, 90% of its graduates proceed to further their education at colleges or trade schools. The school's mission is to provide a comprehensive, faith-based education to children of all backgrounds, empowering them to realize their fullest potential in both serving God and contributing positively to society.
Official website here: www.tphgr.org
What are the reviews and ratings of this charity?
The Potters House holds an impressive 100% rating from Charity Navigator, earning a Four-Star out of Four Stars designation. This exceptional score is derived solely from its Accountability & Finance metrics, highlighting the organization’s financial integrity and responsible management practices. The nonprofit demonstrates notable strengths in governance, featuring a fully independent board and robust financial oversight mechanisms.
In terms of financial performance, The Potters House excels with a program expense ratio of 79.73%, indicating a strong commitment to directly supporting its mission. Its fundraising efficiency is also commendable, reflecting minimal costs associated with raising funds. With a low liabilities to assets ratio and significant working capital, the organization illustrates sound financial health and sustainability.
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This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Potters House?
100% of 18 reviewers on Facebook recommend The Potters House. Here’s a summary of their insights:
Many commenters emphasize the exceptional quality of the educators, highlighting their dedication and spiritual guidance. The emphasis on diversity within the community is also a strong point of appreciation, creating a welcoming environment for children and families alike. Reviewers express gratitude for the positive impact the nonprofit has had on their grandchildren's lives, suggesting a strong connection and trust in the organization.
Overall, the sentiment is highly favorable, showcasing a community that values the support and education provided by The Potters House. The commitment to fostering a nurturing and inclusive atmosphere leaves a lasting impression on families involved, contributing to the nonprofit's stellar reputation.
This AI summary has been generated from reviews found on Facebook.
Is The Potters House legitimate?
The Potters House is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Potters House 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: $187,765
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,368,684
For more financial information, click here
Official website here: www.tphgr.org
What is the mission statement of The Potters House?
The Potters House, a Christ-centered educational institution, is committed to serving children from diverse ethnic backgrounds and income levels. Its mission is to prepare these students to reach their full potential, both in serving God and contributing to society. The school provides an education that integrates faith into its curriculum, aiming to equip its students with the necessary tools to make a positive impact in their communities. With a strong focus on equality, the Potters House strives to ensure that its education is accessible to all, offering financial aid to families in need and boasting a high graduation rate. The school relies on donations from various sources to sustain its operations, demonstrating its commitment to creating opportunities for underprivileged children.
Official website here: www.tphgr.org
What is the revenue of The Potters House?
The Potters House's revenue in 2024 was $7,529,444.
Official website here: www.tphgr.org
Who are the executives of The Potters House and what are their salaries?
The average compensation at The Potters House during 2024 was $28,126. There are 162 employees and 130 volunteers at The Potters House.
Here are 10 key members and their salaries:
- Compensation: $172,041
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Official website here: www.tphgr.org
Where can I find the form 990 for The Potters House?
The Potters House's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tphgr.org
Learn more at the official website: www.tphgr.org
Mission Statement of The Potters House
The Potters House, a nonprofit organization, is committed to providing a Christ-centered education to children from diverse ethnic backgrounds and income levels. Its mission is to equip these children with the tools they need to serve God and society to their fullest potential. By offering an education that is grounded in faith, The Potters House aims to empower its students to make meaningful contributions to their communities. The organization currently serves over 600 students, with 60% of them being from low-income families and 60% belonging to ethnic minorities. The tuition fees are based on the families' income, and financial aid is provided to 90% of the families. The Potters House is funded primarily through donations from individuals, foundations, churches, and corporations. The organization's dedication to education has resulted in impressive statistics, with a 98% high school graduation rate for the past three years, and 90% of its graduates going on to attend college or a trade school.
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Impact
July, 2024
The Potter's House has a significant impact on the community by providing a Christ-centered education to children of all ethnic heritages and income levels. Located in urban Grand Rapids, Michigan, the school serves over 600 students, with 60% coming from low-income families and 60% from ethnic minority backgrounds. By offering tuition based on families' income and providing financial aid to 90% of families, the school ensures that all children have access to quality education.
Despite the challenges faced in an urban setting, The Potter's House has achieved outstanding results, with a 98% high school graduation rate for the past three years. Additionally, 90% of students go on to attend college or a trade school after graduation. This success is made possible through the support of individuals, foundations, churches, and corporations, which provide 80% of the school's revenue.
Overall, The Potter's House is defying urban education statistics and making a significant difference in the lives of students, equipping them to serve God and society to their fullest potential.
This information is meant to be a general summary of The Potters House. 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 2024.
- Investment Income: $55,186
- Program Service Revenue: $3,025,591
- Gross Receipts: $7,529,444
Assets and Liabilities:
- Total Assets: $16,493,354
- Total Liabilities: $758,003
- Net Assets: $15,735,351
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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
$2,426,409
Lunch program
Revenue
$205,841
Campus programs
Revenue
$174,382
ERate and State grants
Revenue
$199,654
Organization Details
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