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Minneola Elementary School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450468799 ✦ Minneola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Minneola Elementary School Inc?

Minneola Elementary School Inc is a charter school, located at 320 East Pearl Street in Minneola, Florida (ZIP code 34715). With a student population ranging from pre-kindergarten to fifth grade, the school is committed to providing an exceptional educational program, nurturing an environment that supports students' full potential. The curriculum is designed to meet or exceed standards comparable to other student populations. During the fiscal year 2021-2022, they served 1,675 students. The mission of Minneola Elementary School Inc is to produce academically strong students with good judgment, discipline, and drive, while establishing new accountability measures for schools. The organization employs a team of 41 individuals.


Official website here: www.lake.k12.fl.us/moe

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% - Three-Star out of Four Star Rating

Minneola Elementary School Inc has received a solid Three-Star rating from Charity Navigator, reflecting an 85% score in Accountability & Finance. This rating is primarily based on the organization's strong governance practices and financial oversight. The nonprofit has demonstrated effective management, with 100% of its board members being independent, ensuring unbiased decision-making.

The organization excels in maintaining transparency and strong fiscal responsibility, as evidenced by its high scores in areas such as program expense ratio (95.36%) and the absence of any material diversion of assets. Additionally, it adheres to best practices by implementing policies for conflict of interest, whistleblowing, and document retention, all of which contribute to its robust accountability framework.

However, while the organization showcases strengths in governance and financial accountability, it faces some challenges with a liabilities to assets ratio of 64.98%, which indicates potential financial strain. Overall, Minneola Elementary School Inc presents a commendable model of nonprofit management, although continued attention to its financial health will be critical for future sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Minneola Elementary School Inc legitimate?

Minneola Elementary School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneola Elementary School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,073,646

For more financial information, click here


Official website here: www.lake.k12.fl.us/moe

What is the mission statement of Minneola Elementary School Inc?

Minneola Elementary School Inc is dedicated to providing a nurturing and supportive learning environment that enables students to reach their full potential. Their mission goes beyond academic excellence, aiming to produce students with good judgement, discipline, and drive. The school has implemented a curriculum with strategic objectives designed to meet or exceed standards set for comparable student populations. Serving over 1,600 students in grades pre-kindergarten through fifth, Minneola Elementary School is committed to establishing a new form of accountability in education.


Official website here: www.lake.k12.fl.us/moe

Who is the CEO of Minneola Elementary School Inc?

Janel Plouffe is the Board Chairman of Minneola Elementary School Inc.


Official website here: www.lake.k12.fl.us/moe

What is the revenue of Minneola Elementary School Inc?

Minneola Elementary School Inc's revenue in 2022 was $14,463,653.


Official website here: www.lake.k12.fl.us/moe

Who are the executives of Minneola Elementary School Inc and what are their salaries?

The average compensation at Minneola Elementary School Inc during 2022 was $196,918. There are 41 employees at Minneola Elementary School Inc.


Here are 7 key members and their salaries:


Janel Plouffe (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Johnson (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hosman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cpt Michael Bond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Susan Salazar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schmid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Watts (Principal)
  • Compensation: $127,500
  • Related: $0
  • Other: $0


Official website here: www.lake.k12.fl.us/moe

Where can I find the form 990 for Minneola Elementary School Inc?

Minneola Elementary School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lake.k12.fl.us/moe

Learn more at the official website: www.lake.k12.fl.us/moe

Mission Statement of Minneola Elementary School Inc

Minneola Elementary School Inc is dedicated to creating a nurturing and supportive learning environment where students can thrive and reach their full potential. This exceptional educational program is designed to produce well-rounded students, instilling in them good judgment, discipline, and a strong drive to succeed. The charter school serves students from pre-kindergarten through fifth grade, offering a curriculum with strategic objectives aimed at meeting or exceeding the standards set by comparable student populations. Minneola Elementary School's commitment to accountability extends beyond the classroom, as it strives to establish new standards of excellence in education. During the fiscal year ended June 30, 2022, a total of 1,675 students benefited from this innovative educational approach.

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Impact




October, 2024

Minneola Elementary School Inc has a significant impact on the educational landscape in Minneola, Florida, by providing a nurturing and supportive environment that empowers students to reach their full potential. Serving approximately 1,675 students in grades Pre-Kindergarten through Fifth, the school implements a comprehensive curriculum designed with strategic objectives that aim to meet or exceed educational standards for comparable student populations.

The school's commitment to delivering an exceptional educational program not only fosters academic excellence but also emphasizes the development of good judgment, discipline, and drive among its students. This holistic approach ensures that children are not only prepared academically but also equipped with the essential life skills necessary for future success.

By establishing a new form of accountability for schools, Minneola Elementary School Inc plays a pivotal role in shaping the educational experience of its students, contributing to a stronger educational community, and setting a high standard for academic achievement in the region.




This information is meant to be a general summary of Minneola Elementary School 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.

Revenue
$14,463,653 (2022)
Expenses
$12,960,631 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $362
  • Program Service Revenue: $12,842,111
  • Gross Receipts: $14,463,653

Assets and Liabilities:

  • Total Assets: $14,329,481
  • Total Liabilities: $10,249,789
  • Net Assets: $4,079,692

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PER PUPIL FEES

Revenue

$12,426,006

EXTENDED LEARNING CENTER

Revenue

$416,105

Organization Details

Founding Year

2002

Principal Officer

Janel Plouffe

Main Address

320 EAST PEARL STREET, MINNEOLA, FL, 34715

NTEE Category

Code: B29 - Education

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