Overview
What is Great Expectations School?
Great Expectations School is a nonprofit organization based in Grand Marais, Minnesota. It operates as a charter school, adhering to the guidelines set by Minnesota Statutes 124D.10. The school's primary focus is on providing a results-oriented education, fostering a love for learning and nurturing critical and creative thinking in its students. During the fiscal year ending June 30, 2021, the school served an average daily membership of 109.24 students from kindergarten to eighth grade. With a team of 50 dedicated employees, Great Expectations School strives to offer a comprehensive and engaging learning experience.
Official website here: www.greatexpectationsschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Great Expectations School has received a solid three-star rating based on its accountability and finance metrics. The score reflects a strong emphasis on accountability, with all aspects of the assessment contributing positively, particularly in areas like independent board membership and financial oversight. This demonstrates a commitment to transparency and responsible management of resources.
Strengths of the organization include having a predominantly independent board and a high program expense ratio, indicating that a significant portion of its expenses is directed toward its programs. The charity has established effective policies such as conflict of interest and whistleblower protections, which are essential for maintaining ethical standards and accountability.
However, the charity faces a notable concern regarding its liabilities, with a liabilities to assets ratio of 141.86%, indicating potential financial instability. While the organization has strengths in governance and program spending, addressing this financial aspect will be crucial for its long-term sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Great Expectations School legitimate?
Great Expectations School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Expectations School 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: $216,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $831,032
For more financial information, click here
Official website here: www.greatexpectationsschool.com
What is the mission statement of Great Expectations School?
Great Expectations School's mission is centered around fostering a love for learning in each child. The institution is organized with a focus on delivering results-oriented education, operating as a charter school in accordance with Minnesota's legislative guidelines. The school's mission extends to nurturing critical thinking and creativity in its students. During the fiscal year ending in June 2021, the school had an average daily membership of 109.24 students spanning from kindergarten to eighth grade.
Official website here: www.greatexpectationsschool.com
Who is the CEO of Great Expectations School?
Rachel Lehman is the Chairperson of Great Expectations School.
Official website here: www.greatexpectationsschool.com
What is the revenue of Great Expectations School?
Great Expectations School's revenue in 2022 was $1,898,391.
Official website here: www.greatexpectationsschool.com
Who are the executives of Great Expectations School and what are their salaries?
The average compensation at Great Expectations School during 2022 was $20,948. There are 50 employees and 45 volunteers at Great Expectations School.
Here are 8 key members and their salaries:
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- Compensation: $42,443
- Related: $0
- Other: $3,178
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- Compensation: $35,000
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- Other: $2,919
- Compensation: $40,368
- Related: $0
- Other: $2,783
Official website here: www.greatexpectationsschool.com
Where can I find the form 990 for Great Expectations School?
Great Expectations School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatexpectationsschool.com
Learn more at the official website: www.greatexpectationsschool.com
Mission Statement of Great Expectations School
Great Expectations School, a results-oriented charter school, is dedicated to a noble mission. The primary objective of this esteemed institution is to instill in each student a profound love for learning, nurturing their critical and creative faculties. Organized in accordance with Minnesota Statutes 124D.10, Great Expectations School strives to provide an enriching educational environment for students from kindergarten to eighth grade. During the fiscal year ending June 30, 2021, the school had an average daily membership of 109.24 students, indicating its commitment to delivering quality education.
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Impact
July, 2024
Great Expectations School's impact can be seen in its dedication to developing in each child a love of learning, critical thinking skills, and creativity. By focusing on providing a results-oriented education, this school in Grand Marais, MN, is making a tangible difference in the lives of its students. Through its mission to foster a positive learning environment and promote academic excellence, Great Expectations School is helping shape the future leaders of tomorrow.
This information is meant to be a general summary of Great Expectations School. 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: $160
- Program Service Revenue: $3,680
- Gross Receipts: $1,906,401
Assets and Liabilities:
- Total Assets: $2,244,811
- Total Liabilities: $3,193,720
- Net Assets: -$948,909
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PATRONS
Revenue
$3,680
Organization Details
Founding Year
2002
Phone
(218) 387-9322Principal Officer
Rachel Lehman
Main Address
PO BOX 310, GRAND MARAIS, MN, 55604
NTEE Category
Code: B29 - Education
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