Overview
What is Chesapeake Charter School Alliance Ltd?
Chesapeake Charter School Alliance Ltd is a nonprofit entity situated in Lexington Park, Maryland. Its primary mission is to support the Chesapeake Public Charter School, serving as its governing body and promoting its vision through informational activities. The alliance also raises funds through various methods, such as grants, donations, and charitable contributions, to financially sustain the school. By doing so, they contribute to enhancing the educational opportunities and resources available to the students at the Chesapeake Public Charter School.
Official website here: www.schools.smcps.org/cpcs
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Chesapeake Charter School Alliance Ltd received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 73%. The organization has a solid foundation in terms of governance, with a fully independent board and effective oversight of financial statements. Its program expense ratio is particularly commendable at over 90%, indicating a strong commitment to utilizing funds for its intended purpose.
Despite these strengths, the organization has notable areas for improvement. The absence of a whistleblower policy and a document retention policy raises concerns about transparency and governance practices. Additionally, the ratio of liabilities to assets is quite high at 88.06%, which may indicate potential financial risks that require closer scrutiny.
The organization also falls short in terms of publicly accessible documents, as it has not posted its tax form on its website. Addressing these weaknesses could enhance its accountability and overall effectiveness, ultimately leading to a more favorable assessment in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Chesapeake Charter School Alliance Ltd legitimate?
Chesapeake Charter School Alliance Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake Charter School Alliance Ltd 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: $3,959,509
For more financial information, click here
Official website here: www.schools.smcps.org/cpcs
What is the mission statement of Chesapeake Charter School Alliance Ltd?
The mission of Chesapeake Charter School Alliance Ltd is to support the Chesapeake Public Charter School in several ways. Firstly, they engage in informational activities to increase public awareness and promote understanding of the school's vision. Secondly, they conduct fundraising activities and solicit grants, donations, and charitable contributions to financially support the school. Lastly, they serve as the governing body for the Chesapeake Public Charter School, overseeing its operations. In essence, their mission is to foster the growth and success of the Chesapeake Public Charter School through public awareness, financial support, and governance.
Official website here: www.schools.smcps.org/cpcs
Who is the CEO of Chesapeake Charter School Alliance Ltd?
Shannon Norris is the Treasurer of Chesapeake Charter School Alliance Ltd.
Official website here: www.schools.smcps.org/cpcs
What is the revenue of Chesapeake Charter School Alliance Ltd?
Chesapeake Charter School Alliance Ltd's revenue in 2023 was $6,634,252.
Official website here: www.schools.smcps.org/cpcs
Who are the executives of Chesapeake Charter School Alliance Ltd and what are their salaries?
The average compensation at Chesapeake Charter School Alliance Ltd during 2023 was $3,959,509. There is 1 employee and 83 volunteers at Chesapeake Charter School Alliance Ltd.
Here are 8 key members and their salaries:
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Official website here: www.schools.smcps.org/cpcs
Where can I find the form 990 for Chesapeake Charter School Alliance Ltd?
Chesapeake Charter School Alliance Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.schools.smcps.org/cpcs
Learn more at the official website: www.schools.smcps.org/cpcs
Mission Statement of Chesapeake Charter School Alliance Ltd
Chesapeake Charter School Alliance Ltd is committed to supporting the Chesapeake Public Charter School in various capacities. One of its primary roles is to engage in informational activities, aimed at increasing public awareness and fostering a better understanding of the school's vision. This is done to promote the school and its mission to the wider community.
In addition to its informational activities, Chesapeake Charter School Alliance Ltd also conducts fundraising activities and solicits grants, donations, and charitable contributions. These funds are intended solely for the financial support of the Chesapeake Public Charter School. This financial backing is crucial for the school's operation and growth.
Beyond its financial support, Chesapeake Charter School Alliance Ltd also acts as the governing body for the Chesapeake Public Charter School. This role involves overseeing the school's operations and making decisions that align with the school's mission and vision. By serving in this capacity, the alliance ensures that the school is well-managed and is able to effectively meet the needs of its students. In summary, Chesapeake Charter School Alliance Ltd is dedicated to supporting the Chesapeake Public Charter School through various means, including informational activities, fundraising, and acting as the school's governing body.
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Impact
July, 2024
The impact of Chesapeake Charter School Alliance Ltd is focused on supporting the Chesapeake Public Charter School in Lexington Park, MD. This organization engages in informational activities to increase public awareness and promote understanding of the vision of the school. Additionally, they conduct fundraising activities and solicit grants, donations, and charitable contributions to provide financial support to the Chesapeake Public Charter School. Furthermore, they act as the governing body for the school, overseeing its operation and providing direct support. Through these efforts, Chesapeake Charter School Alliance Ltd plays a vital role in ensuring the success and sustainability of the Chesapeake Public Charter School, ultimately benefiting the education and development of the students within the community.
This information is meant to be a general summary of Chesapeake Charter School Alliance Ltd. 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 2023.
- Investment Income: $3,993
- Gross Receipts: $6,715,925
Assets and Liabilities:
- Total Assets: $9,447,449
- Total Liabilities: $8,320,015
- Net Assets: $1,127,434
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Organization Details
Founding Year
2004
Phone
(301) 863-9585Principal Officer
Shannon Norris
Main Address
20945 GREAT MILLS RD STE 501, LEXINGTON PARK, MD, 20653
Website
www.schools.smcps.org/cpcsNTEE Category
Code: B11 - Education
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