Overview
What is Sharp Literacy Inc?
Sharp Literacy Inc is a nonprofit organization situated in Milwaukee, Wisconsin, with a strong commitment to improving literacy for urban youth. In collaboration with 36 elementary schools in Milwaukee, Racine, and Waukesha, they served over 6,000 students and 275 teachers in underprivileged neighborhoods during the 2021-22 academic year. The student population is diverse, consisting of 34% Black/African American, 46% Latino/Hispanic, 9% White/Caucasian, 9% Asian, and 2% of mixed races. Sharp Literacy's mission is to foster a lifelong love for learning by incorporating exploration and discovery through relevant, hands-on programming. They enrich classroom learning with visual arts integration, educational tours, and community engagement. Their STEAM Core Program lays the foundation for a STEM-based education, while Design Through Code (DTC) introduces coding and computer science to third to fifth-grade students. In 2020-21, more than 1,100 students from 11 schools participated in virtual DTC workshops. With the support of generous donors, Sharp Literacy provides these programs at no cost to the schools. They also offer an After School Learning Program (ASLP), adapting the school-year curriculum for an after-school setting. In 2020-21, they provided this program virtually to two partner sites. Their work primarily focuses on schools with high percentages of economically disadvantaged families, striving to improve literacy and learning opportunities for these students.
Official website here: www.sharpliteracy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Sharp Literacy Inc has received a commendable rating of 96% from Charity Navigator, indicating a high level of accountability and financial health. The score is solely based on the Accountability & Finance category, reflecting the organization's strong governance practices and effective financial management. This rating is significant as it highlights the organization's transparency and commitment to its mission.
The organization demonstrates robust governance, with an entirely independent board of directors, which is essential for ethical oversight. Sharp Literacy Inc shows excellent financial practices, maintaining a low liabilities-to-assets ratio of 3.84% and directing a substantial 72.63% of its expenses towards programs. These metrics suggest that the nonprofit is effectively utilizing its resources to achieve its educational goals.
While the data reflects strong financial health and governance, it is important for potential donors and stakeholders to consider ongoing operational effectiveness and impact measurement. However, the available feedback emphasizes that Sharp Literacy Inc has established a solid foundation for accountability that enhances its credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sharp Literacy Inc legitimate?
Sharp Literacy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharp Literacy 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: $265,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $644,689
For more financial information, click here
Official website here: www.sharpliteracy.org
What is the mission statement of Sharp Literacy Inc?
Sharp Literacy Inc's mission is centered around promoting the joy of learning and inspiring urban youth to embark on a lifelong educational journey. They aim to improve literacy levels for this demographic through engaging, hands-on programs. The organization enriches classroom learning by integrating visual arts, organizing educational tours, and fostering community engagement. In 2021-22, Sharp Literacy partnered with 36 urban elementary schools, serving over 6,000 students and 275 teachers, primarily from economically disadvantaged backgrounds. The STEM Core Program, starting from kindergarten, lays the foundation for STEM-based education, while Design through Code introduces coding and computer science concepts to third to fifth graders. Sharp Literacy also provides after-school learning programs tailored to individual schools' needs.
Official website here: www.sharpliteracy.org
Who is the CEO of Sharp Literacy Inc?
Lynda Kohler is the President/Ceo of Sharp Literacy Inc. The CEO's salary of Sharp Literacy Inc is $195,107 and their total compensation is $220,012.
Official website here: www.sharpliteracy.org
What is the revenue of Sharp Literacy Inc?
Sharp Literacy Inc's revenue in 2022 was $1,650,018.
Official website here: www.sharpliteracy.org
Who are the executives of Sharp Literacy Inc and what are their salaries?
Here are 36 key members and their salaries (Sharp Literacy Inc's CEO's salary is $195,107 and their total compensation is $220,012):
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- Other: $2,549
Official website here: www.sharpliteracy.org
Where can I find the form 990 for Sharp Literacy Inc?
Sharp Literacy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharpliteracy.org
Learn more at the official website: www.sharpliteracy.org
Mission Statement of Sharp Literacy Inc
Sharp Literacy Inc, a nonprofit organization, is committed to promoting the joy of learning and fostering a lifelong pursuit of knowledge among urban youth. Their mission is to enrich classroom learning through hands-on programming, integrating visual arts and educational tours, and engaging the community. The aim is to improve literacy for urban youth by making learning relatable and engaging. Sharp Literacy Inc aspires to create an environment where students can explore and discover, setting them on a journey towards a lifelong pursuit of knowledge. They strive to make learning enjoyable and meaningful, ensuring that every student has the opportunity to thrive academically.
In practice, Sharp Literacy Inc partners with urban elementary schools in Milwaukee, Racine, and Waukesha, serving over 6,000 students and 275 teachers. The organization primarily works in distressed neighborhoods, where nearly 90% of the students come from economically disadvantaged families. Sharp Literacy Inc serves a diverse population, with significant representation from Black/African American, Latino/Hispanic, White/Caucasian, Asian, and two or more races. The nonprofit's generous donors allow them to provide relevant, rigorous STEAM programming for K3-5th grade students at no cost to the schools.
Through their STEAM Core Program, Sharp Literacy Inc lays the groundwork for a STEAM-based education, introducing technological and financial literacy concepts in all grades. These concepts are linked to science or social studies curricula, providing a holistic approach to learning. Additionally, they offer programs like Design Through Code and the After School Learning Program, providing modified versions of the school year curriculum adapted for the after-school setting. These programs aim to make learning engaging and interactive, fostering a love for learning among urban youth.
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Impact
July, 2024
Sharp Literacy Inc's impact is profound in the urban communities it serves. By partnering with 36 elementary schools in Milwaukee, Racine, and Waukesha, Sharp Literacy reaches over 6,000 students and 275 teachers. These schools are located in some of the most distressed neighborhoods, with nearly 90% of Sharp students coming from economically disadvantaged families. The organization's programs enrich classroom learning through visual arts integration, educational tours, and community engagement.
Sharp Literacy's STEAM Core Program introduces technological and financial literacy concepts to students starting from kindergarten, laying the groundwork for a STEAM-based education. Additionally, their Design Through Code program introduces coding and computer science to 3rd through 5th graders, with over 1,100 students participating in virtual workshops. The After School Learning Program offers a modified curriculum adapted for after-school settings, providing additional learning opportunities to students outside of regular school hours.
Through these programs, Sharp Literacy is making a tangible difference in improving literacy and educational outcomes for urban youth, fostering a love for learning and exploration that extends far beyond the classroom.
This information is meant to be a general summary of Sharp Literacy 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.
- Investment Income: $42,963
- Program Service Revenue: $46,781
- Gross Receipts: $1,764,461
Assets and Liabilities:
- Total Assets: $2,635,652
- Total Liabilities: $102,874
- Net Assets: $2,532,778
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM SCHOOLS
Revenue
$46,781
Organization Details
Founding Year
1999
Phone
(414) 410-3200Principal Officer
Lynda Kohler
Main Address
5775 N GLEN PARK ROAD 202, MILWAUKEE, WI, 53209
Website
www.sharpliteracy.orgNTEE Category
Code: P40 - Human services
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