Overview
What is American Charter Schools Foundation?
The American Charter Schools Foundation is a nonprofit organization based in Phoenix, Arizona, with a focus on enhancing the public school system. They create a competitive learning environment by providing parents and students with the freedom to choose their educational path. The foundation prioritizes academics tailored to each student's unique needs and fosters a respectful and responsible learning environment. Their mission aims to promote choice and competition in public education for all students, including those with special needs, enabling them to reach their individual academic goals. Despite having a small workforce of one employee, the foundation's objectives are significant in improving the quality of education and fostering academic success.
Official website here: www.acsfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The American Charter Schools Foundation has achieved a commendable Three-Star rating, primarily based on its strong performance in accountability and finance. The organization demonstrated high standards with 83% of its board members being independent and achieved a perfect score for financial audits. This reflects a commitment to transparency and good governance, which are critical factors for donor confidence.
Strengths of the foundation include a well-structured board and stringent policies on conflicts of interest and whistleblowing. The organization also boasts an impressive program expense ratio of over 80%, indicating that a significant portion of its funds is directed towards its mission. Additionally, it has a clear document retention policy and maintains thorough records of board meeting minutes.
However, the foundation did receive a lower score in the liabilities to assets ratio, which indicates potential financial concerns that may need attention. While the overall accountability framework is strong, this aspect suggests that monitoring financial health is essential for long-term sustainability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Charter Schools Foundation legitimate?
American Charter Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Charter Schools Foundation 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: $136,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.acsfoundation.org/
What is the mission statement of American Charter Schools Foundation?
The American Charter Schools Foundation aims to enhance the public education system by fostering healthy competition and offering parents and students the freedom to choose their learning environment. The organization's mission is geared towards promoting choice and competition in education for all students, including those with special needs. It strives to help students reach their academic goals by emphasizing customized academic coursework and fostering a nurturing learning environment that encourages respect, responsibility, choice, and high expectations. The Foundation's commitment extends to students with unique needs, enabling them to thrive in an academic setting tailored to their individual requirements.
Official website here: www.acsfoundation.org/
Who is the CEO of American Charter Schools Foundation?
Theodore Frederick is the President/Executive Director of American Charter Schools Foundation.
Official website here: www.acsfoundation.org/
What is the revenue of American Charter Schools Foundation?
American Charter Schools Foundation's revenue in 2022 was $45,500,400.
Official website here: www.acsfoundation.org/
Who are the executives of American Charter Schools Foundation and what are their salaries?
The average compensation at American Charter Schools Foundation during 2022 was $136,080. There is 1 employee at American Charter Schools Foundation.
Here are 6 key members and their salaries:
- Compensation: $136,080
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.acsfoundation.org/
Where can I find the form 990 for American Charter Schools Foundation?
American Charter Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acsfoundation.org/
Learn more at the official website: www.acsfoundation.org/
Mission Statement of American Charter Schools Foundation
The American Charter Schools Foundation is a notable organization with a mission to enhance the public school system by fostering a more competitive environment. By doing so, they aim to provide parents and students with the freedom of choice in their education and strive for a higher academic standard.
In detail, this foundation works towards promoting choice and competition in public education for all students, including those with special needs. Their ultimate goal is to help students, regardless of their individual circumstances, pursue their academic goals. The American Charter Schools Foundation emphasizes academic course work tailored to each student's needs, encouraging a learning environment that fosters respect, responsibility, choice, service, and high expectations.
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Impact
October, 2024
The American Charter Schools Foundation significantly impacts the public education landscape by fostering competition and enhancing parental choice. It focuses on creating a learning environment that addresses individual student needs, promoting respect, responsibility, and high expectations. This emphasis on tailored academic coursework helps students, including those with special needs, pursue their unique educational goals.
By advocating for a more competitive educational system, the foundation contributes to raising academic standards across schools. This approach not only empowers parents and students with diverse options but also encourages schools to innovate and improve their offerings. The foundation's initiatives ultimately aim to create a more effective and inclusive public school system in Phoenix, AZ, and beyond.
This information is meant to be a general summary of American Charter Schools Foundation. 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: $119,049
- Gross Receipts: $45,500,400
Assets and Liabilities:
- Total Assets: $87,939,377
- Total Liabilities: $79,474,935
- Net Assets: $8,464,442
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Organization Details
Founding Year
1998
Phone
(602) 953-2933Principal Officer
Theodore Frederick
Main Address
6150 NORTH 16th STREET SUITE A, PHOENIX, AZ, 85016
Website
www.acsfoundation.org/NTEE Category
Code: B122 - Education
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