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Bronx Charter School For Excellence

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

EIN: 450507998 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bronx Charter School For Excellence?

The Bronx Charter School for Excellence is a publicly-funded charter school based in various sections of the Bronx, catering to around 2,220 students in kindergarten through 8th grade. Established with the goal of preparing young people from New York City for admission to and success in top public, private, and parochial schools, the flagship school, BCSE 1, is situated in the Parkchester area of the Bronx. The mission of this nonprofit organization is to foster intellectual, artistic, social, emotional, and ethical development by providing a challenging and rigorous academic curriculum. This curriculum, which emphasizes college preparation from an early age, is delivered in a supportive and nurturing environment. The Bronx Charter School for Excellence employs a team of 284 individuals.


Official website here: www.bronxexcellence.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)

Bronx Charter School For Excellence has earned an 82% rating from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is based entirely on the organization’s fiscal management practices, showcasing a high level of transparency and governance, with independent board members and sound financial oversight. The school has shown an impressive commitment to program expenses, allocating 92.07% of its budget directly to programs.

The nonprofit's financial practices are solid, with no material diversion of assets reported and comprehensive policies for conflict of interest and whistleblowing in place. Additionally, the organization maintains a well-documented structure, including meeting minutes and a clear document retention policy, which further strengthens its accountability framework.

One area of concern noted in the data is the organization's liabilities to assets ratio at 68.42%, indicating that the school carries a significant level of liabilities compared to its assets. While this may not immediately threaten its operations, it is an aspect that stakeholders should monitor closely as it could impact future financial stability. Overall, Bronx Charter School For Excellence demonstrates a strong commitment to fiscal responsibility and effective governance.


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

Is Bronx Charter School For Excellence legitimate?

Bronx Charter School For Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Charter School For Excellence 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: $1,110,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,226,071

For more financial information, click here


Official website here: www.bronxexcellence.org

What is the mission statement of Bronx Charter School For Excellence?

The Bronx Charter School for Excellence is dedicated to preparing young scholars for success in top public, private, and parochial schools. Through a challenging and rigorous academic curriculum, this charter school fosters the intellectual, artistic, social, emotional, and ethical development of its students. The mission is accomplished by keeping an early focus on college preparation in a supportive and caring environment.


Official website here: www.bronxexcellence.org

Who is the CEO of Bronx Charter School For Excellence?

Kathy Lathen is the Board Chair of Bronx Charter School For Excellence.


Official website here: www.bronxexcellence.org

What is the revenue of Bronx Charter School For Excellence?

Bronx Charter School For Excellence's revenue in 2022 was $50,252,126.


Official website here: www.bronxexcellence.org

Who are the executives of Bronx Charter School For Excellence and what are their salaries?

The average compensation at Bronx Charter School For Excellence during 2022 was $54,003. There are 284 employees and 6 volunteers at Bronx Charter School For Excellence.


Here are 16 key members and their salaries:


Kathy Lathen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Frost (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mardi Schecter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Lauren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adije Okpo (Principal)
  • Compensation: $180,519
  • Related: $0
  • Other: $24,437
Sharleen Morris (Principal)
  • Compensation: $181,312
  • Related: $0
  • Other: $41,386
Dawn Dean (Principal)
  • Compensation: $175,591
  • Related: $0
  • Other: $39,578
Maria Saryan (Principal)
  • Compensation: $181,076
  • Related: $0
  • Other: $27,212
Tonya White (Principal)
  • Compensation: $195,853
  • Related: $0
  • Other: $19,335
Florence Bolton (Principal)
  • Compensation: $182,630
  • Related: $0
  • Other: $26,432
Sayi Figueroa (Senior Student Services Coordinator)
  • Compensation: $188,803
  • Related: $0
  • Other: $22,453
James Kusi-Appouh (Regional Director Of School Operations)
  • Compensation: $174,805
  • Related: $0
  • Other: $10,734
Andre Williams (Principal)
  • Compensation: $129,531
  • Related: $0
  • Other: $13,335
Jovan Newkirk (Assistant Principal)
  • Compensation: $136,147
  • Related: $0
  • Other: $19,971


Official website here: www.bronxexcellence.org

Where can I find the form 990 for Bronx Charter School For Excellence?

Bronx Charter School For Excellence's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bronxexcellence.org

Learn more at the official website: www.bronxexcellence.org

Mission Statement of Bronx Charter School For Excellence

The Bronx Charter School for Excellence is a charter institution dedicated to preparing young scholars in New York City for admission to and success in top public, private, and parochial schools. This mission is accomplished by fostering the intellectual, artistic, social, emotional, and ethical development of students through a rigorous and challenging academic curriculum. The school places a strong emphasis on college preparation from an early age, creating a supportive and nurturing environment for its students.

Capitalizing on its commitment to academic excellence, the Bronx Charter School for Excellence offers a curriculum that goes beyond the basics. It aims to cultivate well-rounded individuals who are not only intellectually sharp but also socially and emotionally mature. The educational journey at this esteemed institution begins with a solid foundation in the fundamentals, laying the groundwork for future academic success.

The Bronx Charter School for Excellence is more than just a place for learning; it's a community that values the unique potential in each student. By offering a caring environment, it ensures that every young scholar feels seen, heard, and inspired to reach their fullest potential. The school's dedicated staff works closely with students to help them navigate the intricacies of academia, providing personalized guidance and support along the way.

In essence, the Bronx Charter School for Excellence is an invaluable resource for families seeking a high-quality education for their children. It empowers students to face the challenges of top schools with confidence, giving them the tools they need to succeed both academically and personally.

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Impact




October, 2024

Bronx Charter School For Excellence (BCSE) has a significant impact on the educational landscape in the Bronx by serving approximately 2,220 students in grades K-8 across its five schools. Established with the mission to prepare young scholars for admission to and success in top public, private, and parochial schools, BCSE emphasizes a challenging and rigorous academic curriculum tailored for early college preparation.

The school fosters not only intellectual growth but also focuses on artistic, social, emotional, and ethical development, creating a well-rounded educational experience. This holistic approach ensures that students are supported both academically and personally, which is crucial for their success in competitive environments. The flagship school, BCSE 1 located in the Parkchester section, serves as a model of this educational philosophy, striving to empower students with the skills and confidence necessary for future accomplishments. By prioritizing a nurturing and challenging environment, BCSE plays a vital role in uplifting the community and providing pathways for its students to thrive.




This information is meant to be a general summary of Bronx Charter School For Excellence. 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
$50,252,126 (2022)
Expenses
$39,010,472 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,739
  • Program Service Revenue: $40,085,137
  • Gross Receipts: $50,252,126

Assets and Liabilities:

  • Total Assets: $75,971,382
  • Total Liabilities: $29,974,299
  • Net Assets: $45,997,083

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Programs

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

STATE AND LOCAL PER PUPIL FEES

Revenue

$39,941,154

OTHER

Revenue

$143,983

Organization Details

Founding Year

2003

Principal Officer

Kathy Lathen

Main Address

1960 BENEDICT AVENUE, BRONX, NY, 10462

NTEE Category

Code: B29 - Education

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