Overview
What is Universal Vare Charter School?
Universal Vare Charter School is a community-focused educational institution situated in Philadelphia, Pennsylvania. With a mission to promote self-sufficiency, civic responsibility, and problem-solving skills, the school offers a comprehensive academic program that incorporates mathematics, language arts, and sciences. To enhance its educational offerings, the school collaborates with local families, businesses, social agencies, civic groups, and community organizations through before, during, and after-school partnerships. This collaborative approach aims to support students and their families, leveraging the rich resources within its immediate neighborhood. With a team of 43 dedicated employees, Universal Vare Charter School strives to provide a holistic learning experience that equips students with essential life skills.
Official website here: www.universalcompanies.org/vare
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% (Three-Star out of Four Stars )ating)
Universal Vare Charter School has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is driven by their strong performance in several key areas, particularly in governance, with an independent board and robust financial oversight practices that indicate a commitment to transparency and ethical operation.
Strengths highlighted in the rating include a fully independent board and effective policies in place, such as conflict of interest and whistleblower protections. Additionally, the school has demonstrated good practices in document retention and displaying board meeting minutes, which contribute positively to its accountability measures.
However, the organization received a low score on its liabilities to assets ratio, which suggests potential financial concerns that may need to be addressed. While program expenses are allocated reasonably well, the high level of liabilities compared to assets indicates that stakeholders should monitor the financial health of the school more closely.
This AI summary has been generated from information found on Charity Navigator.
Is Universal Vare Charter School legitimate?
Universal Vare Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universal Vare 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: $2,036,077
For more financial information, click here
Official website here: www.universalcompanies.org/vare
What is the mission statement of Universal Vare Charter School?
Universal Vare Charter School's mission is centered around operating a charter school and providing an academic program that emphasizes self-sufficiency, civic responsibility, and problem-solving skills. This is achieved through a focus on mathematics, language arts, and sciences. The educational program leverages community resources within the school's immediate neighborhood, establishing partnerships with families, businesses, social agencies, civic groups, and community organizations before, during, and after school hours. These collaborations aim to enhance the academic program and offer additional support to students and their families.
Official website here: www.universalcompanies.org/vare
Who is the CEO of Universal Vare Charter School?
Christopher Hill is the Board Member of Universal Vare Charter School.
Official website here: www.universalcompanies.org/vare
What is the revenue of Universal Vare Charter School?
Universal Vare Charter School's revenue in 2022 was $5,252,649.
Official website here: www.universalcompanies.org/vare
Who are the executives of Universal Vare Charter School and what are their salaries?
The average compensation at Universal Vare Charter School during 2022 was $47,351. There are 43 employees at Universal Vare Charter School.
Here are 5 key members and their salaries:
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- Compensation: $150,630
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- Other: $10,440
Official website here: www.universalcompanies.org/vare
Where can I find the form 990 for Universal Vare Charter School?
Universal Vare Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.universalcompanies.org/vare
Learn more at the official website: www.universalcompanies.org/vare
Mission Statement of Universal Vare Charter School
Universal Vare Charter School is dedicated to operating a charter school that provides a comprehensive academic program with an emphasis on self-sufficiency, civic responsibility, and problem-solving. This mission is achieved through the integration of mathematics, language arts, and sciences. The educational program at Universal Vare Charter School leverages community resources within its immediate neighborhood. It does this by establishing partnerships with families, businesses, social agencies, civic groups, and community organizations before, during, and after school. These collaborations enhance the academic program and offer additional support to students and their families.
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Impact
July, 2024
Universal Vare Charter School impacts its community by providing a school-to-career academic program that emphasizes self-sufficiency, civic responsibility, and problem-solving through mathematics, language arts, and the sciences. The school utilizes community resources within its immediate neighborhood through partnerships with families, businesses, social agencies, civic groups, and community organizations to enhance the academic program and support students and their families. Through its mission to prepare students for successful futures and instill important life skills, Universal Vare Charter School plays a crucial role in shaping the next generation of leaders and contributing to the overall educational landscape in Philadelphia, PA.
This information is meant to be a general summary of Universal Vare 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: $2,909,788
- Gross Receipts: $5,252,649
Assets and Liabilities:
- Total Assets: $3,633,998
- Total Liabilities: $4,181,606
- Net Assets: -$547,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL DISTRICT OF PHI
Revenue
$2,909,788
Organization Details
Founding Year
2011
Phone
(215) 471-2905Principal Officer
Christopher Hill
Main Address
800 SOUTH 15TH STREET, PHILADELPHIA, PA, 19146
NTEE Category
Code: B29 - Education
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