Overview
What is Racine Charter One Inc?
Racine Charter One Inc, also known as the 21st Century Preparatory School, is a nonprofit organization situated in the city of Racine, Wisconsin. With a mission to equip diverse inner-city children for a variety of life choices, including college and careers, the organization emphasizes the development of leadership competencies. Operating as a chartered public school, Racine Charter One Inc provides academics, extracurricular activities, and school-related services to its students. Their programs are funded through government grants, E-Rate reimbursements, food services, and book fees. The organization maintains a strong commitment to individual differences, ensuring that each child receives an equal opportunity to succeed. With a workforce of 89 employees, the school fosters a nurturing environment to shape future leaders.
Official website here: www.21stprepschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Racine Charter One Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating high performance in accountability and finance. A 100% score in these areas shows the organization maintains strong financial practices, transparency, and governance. The independent board of directors enhances its credibility, as all members are independent, ensuring objective oversight.
The nonprofit's financial health is reflected in its low liabilities to assets ratio of 29.21%, indicating solid financial stability. Additionally, program expenses account for 85.65% of total expenses, demonstrating a strong commitment to using funds effectively for its mission. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further showcases the organization’s dedication to ethical practices.
While the financial metrics and governance practices are robust, ongoing community engagement and program impact assessments would provide a fuller picture of Racine Charter One Inc's overall effectiveness. Nonetheless, the current ratings highlight a well-managed organization committed to serving its community responsibly.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Racine Charter One Inc?
While Racine Charter One Inc has not yet accumulated an average rating due to only a few reviews, those who have shared their experiences express a positive sentiment. Users highlight the dedication, creativity, and energy of the teachers and staff, describing them as exceptional.
The combination of enthusiastic staff and engaged students creates an uplifting atmosphere that reviewers appreciate. Those who have interacted with Racine Charter One Inc seem to feel that the nonprofit is committed to fostering a supportive and dynamic educational environment. Overall, the initial impressions suggest a strong foundation and promise for those involved.
This AI summary has been generated from reviews found on Facebook.
Is Racine Charter One Inc legitimate?
Racine Charter One Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racine Charter One 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: $125,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,644,271
For more financial information, click here
Official website here: www.21stprepschool.org
What is the mission statement of Racine Charter One Inc?
Racine Charter One Inc, as a non-profit organization, is committed to preparing diverse children from various backgrounds for a wide range of life opportunities. This includes access to higher education and careers, with a focus on developing their leadership skills. The institution takes individual differences seriously and tailors its practices to cater to each child equally well. Through selfless care and dedication, Racine Charter One Inc aims to shape future leaders, equipping them with the necessary tools for success.
Official website here: www.21stprepschool.org
Who is the CEO of Racine Charter One Inc?
Shebaniah Muhammad is the Board Member of Racine Charter One Inc.
Official website here: www.21stprepschool.org
What is the revenue of Racine Charter One Inc?
Racine Charter One Inc's revenue in 2022 was $6,487,272.
Official website here: www.21stprepschool.org
Who are the executives of Racine Charter One Inc and what are their salaries?
The average compensation at Racine Charter One Inc during 2022 was $31,123. There are 89 employees and 60 volunteers at Racine Charter One Inc.
Here are 10 key members and their salaries:
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- Compensation: $120,099
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- Other: $3,238
Official website here: www.21stprepschool.org
Where can I find the form 990 for Racine Charter One Inc?
Racine Charter One Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.21stprepschool.org
Learn more at the official website: www.21stprepschool.org
Mission Statement of Racine Charter One Inc
Racine Charter One Inc, a non-profit chartered public school, is committed to preparing diverse inner city children for a wide range of life choices, including college and careers. Their mission is centered around developing the leadership competency of these children, taking individual differences seriously and tailoring practices to serve each child effectively. Through selfless care and dedication, Racine Charter One Inc molds its future leaders, ensuring they have access to a full array of life opportunities.
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Impact
July, 2024
Racine Charter One Inc plays a significant role in providing quality education to inner-city children in Racine, WI. The organization's mission is focused on preparing diverse children for a wide range of life choices, including college and careers that develop their leadership skills. By offering a charter public school tailored to the needs of inner-city students, Racine Charter One Inc is working towards creating future leaders who are equipped with the necessary competencies to succeed. Through their academic programs, extracurricular activities, and school-related initiatives, the organization serves its students with care and dedication, ensuring that each child is given equal opportunities for growth and success. Overall, Racine Charter One Inc's impact is rooted in nurturing the potential of young individuals and empowering them to achieve their goals.
This information is meant to be a general summary of Racine Charter One 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: $50
- Program Service Revenue: $6,415,114
- Gross Receipts: $6,508,484
Assets and Liabilities:
- Total Assets: $5,378,275
- Total Liabilities: $238,734
- Net Assets: $5,139,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT GRANT
Revenue
$5,884,999
FOOD SERVICE SALES
Revenue
$481,960
BOOK FEE
Revenue
$18,608
E-RATE REIMBURSEMENT
Revenue
$18,468
SPECIAL EDUCATION REVE
Revenue
$7,440
Organization Details
Founding Year
2002
Phone
(262) 598-0026Principal Officer
Shebaniah Muhammad
Main Address
1220 MOUND AVENUE, RACINE, WI, 53404
Website
www.21stprepschool.orgNTEE Category
Code: B90 - Education
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