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Erie Rise Leadership Academy Charter School

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

EIN: 452470991 ✦ Erie, PA ✦ Designated as a 501(c)(3)

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Overview

What is Erie Rise Leadership Academy Charter School?

Erie Rise Leadership Academy Charter School is a nonprofit educational institution based on the principle of fostering a passion for learning in its students. Located in Erie, this charter school aims to enhance the quality of education by combining traditional teaching methods with real-life experiences. Their mission is to prepare students for higher education and future careers, nurturing their love for learning throughout the process. The school's activities are centered around providing effective instruction and practical experiences that help students grow into well-rounded individuals.


Official website here: www.erieriseacademy.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81% (Three-Star out of Four Stars)

Erie Rise Leadership Academy Charter School has received an 81% rating from Charity Navigator, indicating a reasonably strong performance in accountability and finance. The organization boasts a fully independent board, which enhances its governance and oversight capabilities. Its financial practices are transparent, with the existence of essential policies such as conflict of interest and whistleblower protections, contributing positively to its accountability metrics.

The school has a program expense ratio of nearly 80%, demonstrating a substantial portion of its budget is allocated directly to its educational programs. However, it faces challenges with a high liabilities-to-assets ratio, which could indicate potential financial vulnerability. This aspect highlights the need for ongoing financial management and planning to ensure long-term sustainability and stability.

Overall, while Erie Rise Leadership Academy Charter School shows strengths in governance and program funding, attention to financial liabilities is necessary to strengthen its overall financial health. The organization appears to be committed to its mission while maintaining essential transparency and accountability standards.


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

Is Erie Rise Leadership Academy Charter School legitimate?

Erie Rise Leadership Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erie Rise Leadership Academy 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: $134,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,061,078

For more financial information, click here


Official website here: www.erieriseacademy.org

What is the mission statement of Erie Rise Leadership Academy Charter School?

Erie Rise Leadership Academy Charter School's mission is centered around enhancing educational quality. The school aims to instill a passion for learning in its students by employing effective teaching methods and providing real-life experiences. The ultimate goal is to prepare these students for their future, guiding them towards becoming college and career ready.


Official website here: www.erieriseacademy.org

Who is the CEO of Erie Rise Leadership Academy Charter School?

Ed Williams is the Ceo of Erie Rise Leadership Academy Charter School. The CEO's salary of Erie Rise Leadership Academy Charter School is $88,105 and their total compensation is $118,685.


Official website here: www.erieriseacademy.org

What is the revenue of Erie Rise Leadership Academy Charter School?

Erie Rise Leadership Academy Charter School's revenue in 2023 was $5,604,772.


Official website here: www.erieriseacademy.org

Who are the executives of Erie Rise Leadership Academy Charter School and what are their salaries?

The average compensation at Erie Rise Leadership Academy Charter School during 2023 was $27,311. There are 117 employees at Erie Rise Leadership Academy Charter School.


Here are 6 key members and their salaries (Erie Rise Leadership Academy Charter School's CEO's salary is $88,105 and their total compensation is $118,685):


Aubrey Favors (Ceo)
  • Compensation: $88,105
  • Related: $0
  • Other: $30,580
Dr Margaret Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Williams (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Ratcliff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantel Hilliard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.erieriseacademy.org

Where can I find the form 990 for Erie Rise Leadership Academy Charter School?

Erie Rise Leadership Academy Charter School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.erieriseacademy.org

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

Mission Statement of Erie Rise Leadership Academy Charter School

Erie Rise Leadership Academy Charter School is dedicated to enhancing the quality of education in its community. Their mission is to educate, prepare, and inspire students to foster a passion for learning. Through effective teaching and real-life experiences, the school aims to equip its students with the necessary skills to become college and career ready. By encouraging a love for learning, Erie Rise Leadership Academy Charter School seeks to empower its students to reach their full potential.

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Impact




July, 2024

Erie Rise Leadership Academy Charter School has made a significant impact by providing high-quality education in Erie, Pennsylvania. Through their mission to educate, prepare, and encourage students to develop a love for learning, the school has effectively equipped its students to become college and career ready. By offering effective teaching methods and real-life experiences, Erie Rise Leadership Academy Charter School has positively influenced the lives of many students, helping them to reach their full potential and succeed in their future endeavors. This impact is evident in the growth and development of students who graduate from the school, equipped with the knowledge and skills needed to excel in higher education and their chosen careers.




This information is meant to be a general summary of Erie Rise Leadership Academy 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.

Revenue
$5,604,772 (2023)
Expenses
$6,359,571 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $26,408
  • Program Service Revenue: $3,852,525
  • Gross Receipts: $5,604,772

Assets and Liabilities:

  • Total Assets: $3,698,594
  • Total Liabilities: $3,049,566
  • Net Assets: $649,028

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Programs

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

LOCAL SOURCES

Revenue

$3,776,055

STATE SOURCES

Revenue

$76,470

Organization Details

Founding Year

2010

Principal Officer

Ed Williams

Main Address

1006 W 10th Street, Erie, PA, 16502

NTEE Category

Code: B29 - Education

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