Overview
What is El Colegio Charter School?
El Colegio Charter School is a nonprofit institution situated in Minneapolis, Minnesota. Its primary mission is to foster the growth of bilingual and culturally-rooted students, preparing them for success in higher education, employment, and community leadership. The school serves as a hub for various cultural and educational programs, acting as a welcoming space for various communities, particularly the Latino community. The school's building is designed to accommodate both the school and community activities, hosting annual events such as the Day of the Dead celebration. During the 2022 fiscal year, El Colegio Charter School served approximately 95 students, aiming to empower them with the necessary skills and connections to become agents of change in their communities.
Official website here: www.el-colegio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
El Colegio Charter School has received a two-star rating from Charity Navigator, indicating areas in need of improvement despite a strong performance in accountability and finance. The organization has scored 100% for its accountability measures, including an independent board comprised of 83% members and a rigorous financial oversight committee. However, notable gaps exist in policies such as whistleblower protection and document retention, which could undermine the organization’s governance structure.
The school's program expense ratio stands at a commendable 75.98%, suggesting that the majority of funds are directed towards its educational programs. Meanwhile, the liabilities to assets ratio is concerning at 140.37%, which may raise questions about its financial stability. The absence of the tax form on the nonprofit's website could limit transparency and accessibility for stakeholders.
Overall, while El Colegio Charter School demonstrates a solid commitment to effective governance and program funding, it faces significant challenges in financial management and transparency that need to be addressed to enhance trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is El Colegio Charter School legitimate?
El Colegio Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Colegio Charter 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $928,189
For more financial information, click here
Official website here: www.el-colegio.org
What is the mission statement of El Colegio Charter School?
El Colegio Charter School's mission is centered around honoring and nurturing the talents of bilingual students and their diverse families. By providing rigorous academic programs, leadership skills, career preparation, and community connections, the school aims to empower its students to become change-makers, excelling in bilingual and bicultural environments. The school graduates students who are well-prepared for college, employment, and community leadership. El Colegio Charter School also serves as a cultural and educational center for various communities, hosting annual events like Day of the Dead and providing space for ongoing arts and cultural programs.
Official website here: www.el-colegio.org
Who is the CEO of El Colegio Charter School?
Tony Aarts is the Member of El Colegio Charter School.
Official website here: www.el-colegio.org
What is the revenue of El Colegio Charter School?
El Colegio Charter School's revenue in 2022 was $2,104,805.
Official website here: www.el-colegio.org
Who are the executives of El Colegio Charter School and what are their salaries?
There 10 volunteers at El Colegio Charter School.
Here are 7 key members and their salaries:
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Official website here: www.el-colegio.org
Where can I find the form 990 for El Colegio Charter School?
El Colegio Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.el-colegio.org
Learn more at the official website: www.el-colegio.org
Mission Statement of El Colegio Charter School
El Colegio Charter School is committed to honoring and fostering the talents of bilingual students and their diverse families. This educational institution in Minnesota aims to provide its students with the academic rigor, leadership skills, career preparation, and community connections necessary for them to fulfill their potential as change makers. By doing so, El Colegio Charter School seeks to graduate creative and culturally-grounded students who are well-equipped to excel in bilingual and bicultural environments, preparing them for success in college, employment, and community leadership.
Beyond its academic mission, El Colegio Charter School serves as a cornerstone for a larger cultural and education center. This community gathering place is open to Latino and other communities, offering space for ongoing arts and cultural programs. One of the school's most notable community events is the annual Day of the Dead celebration, which attracts a wide audience. During the 2022 fiscal year, the school served an estimated 95 students, demonstrating its commitment to supporting and empowering the next generation of change makers.
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Impact
July, 2024
El Colegio Charter School's impact is profound in the community it serves. By providing educational programs for students in compliance with Minnesota public education standards, El Colegio Charter School is able to graduate creative, culturally-grounded students who excel in bilingual and bicultural environments. These students are prepared for college, employment, and community leadership, making a significant impact on both their own lives and the community at large.
Beyond academics, El Colegio Charter School also serves as a cornerstone of a larger cultural and education center that is an accessible gathering place for Latino and other communities. The school's building is designed to encompass not only educational spaces but also areas for community use, such as arts and cultural programs. Events like the annual Day of the Dead celebration draw in a wide audience and further strengthen community connections.
Overall, El Colegio Charter School's mission to honor and build upon the talents of bilingual students and their diverse families is evident in the academic rigor, leadership skills, career preparation, and community connections it provides. By nurturing these students to fulfill their potential as change makers, El Colegio Charter School is making a lasting impact on its students and the community as a whole.
This information is meant to be a general summary of El Colegio Charter 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.
- Program Service Revenue: $1,930,827
- Gross Receipts: $2,104,805
Assets and Liabilities:
- Total Assets: $1,224,019
- Total Liabilities: $1,902,015
- Net Assets: -$677,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal and state sour
Revenue
$1,790,317
Other educational purp
Revenue
$140,510
Organization Details
Founding Year
2000
Phone
(612) 728-5728Principal Officer
Tony Aarts
Main Address
4137 Bloomington Avenue S, Minneapolis, MN, 55407
Website
www.el-colegio.orgNTEE Category
Code: B25 - Education
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