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Reid Traditional Schools Inc

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

EIN: 453868431 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Reid Traditional Schools Inc?

Reid Traditional Schools Inc, established in 1995, is a nonprofit organization based in Phoenix, Arizona. It operates two distinguished campuses, Valley Academy and Painted Rock Academy, both renowned for consistently earning top academic ratings from the Arizona Department of Education. Valley Academy was recognized as a National Blue Ribbon School in 2014, while Painted Rock Academy was awarded Arizona Charter School of the Year in 2017. The organization's mission is to provide traditional education through a sequential, teacher-directed, standards-based curriculum, supported by textbooks and individual accountability, aiming for high academic and behavioral standards. Reid Traditional Schools Inc has been celebrated with various awards by the Arizona Charter Schools Association, including Business Leadership of the Year and Charter School Teacher of the Year, reflecting its success in preparing students for college, careers, and life. The organization currently employs 8 individuals.


Official website here: www.reidtraditional.com/

What are the reviews and ratings of this charity?

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

Reid Traditional Schools Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived solely from its Accountability & Finance metrics, which also highlights the organization's commitment to transparency and responsible financial practices. The fiscal data for FY2023 shows that all board members are independent, and the organization has implemented comprehensive oversight measures, including an audit and oversight committee.

The organization excels in its financial management, evidenced by a 100% program expense ratio, meaning all funds are directed towards its programs. In addition, Reid Traditional Schools has robust policies in place, such as conflict of interest and whistleblower policies, which contribute to its accountability framework. The detailed documentation of board meeting minutes further indicates a high level of governance.

While the organization demonstrates strong accountability and financial integrity, it's important for potential supporters to consider that the overall rating is based exclusively on financial metrics. There may be other qualitative aspects, such as program effectiveness and community impact, that are not captured in this score. Nonetheless, Reid Traditional Schools appears to maintain a sound financial footing.


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

Is Reid Traditional Schools Inc legitimate?

Reid Traditional Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reid Traditional Schools 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: $171,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,270

For more financial information, click here


Official website here: www.reidtraditional.com/

What is the mission statement of Reid Traditional Schools Inc?

Reid Traditional Schools Inc is dedicated to operating two successful campuses, Valley Academy and Painted Rock Academy, both recognized for their top academic ratings by the Arizona Department of Education. Established in 1995, Valley Academy was even nominated as a National 2014 Blue Ribbon School. The organization has also received various awards from the Arizona Charter Schools Association, such as the 2011 Charter School of the Year, 2010 Business Leadership of the Year, and 2008 Charter School Teacher of the Year. The mission of Reid Traditional Schools is to provide traditional education with a back-to-basics approach. They achieve this by offering a challenging and sequential curriculum, teacher-directed and standards-based, with individual accountability and high academic and behavioral standards, all driven by textbooks.


Official website here: www.reidtraditional.com/

Who is the CEO of Reid Traditional Schools Inc?

Heidi Mitchell is the Ceo of Reid Traditional Schools Inc. The CEO's salary of Reid Traditional Schools Inc is $171,449 and their total compensation is $171,449.


Official website here: www.reidtraditional.com/

What is the revenue of Reid Traditional Schools Inc?

Reid Traditional Schools Inc's revenue in 2022 was $1,939,690.


Official website here: www.reidtraditional.com/

Who are the executives of Reid Traditional Schools Inc and what are their salaries?

The average compensation at Reid Traditional Schools Inc during 2022 was $55,840. There are 8 employees at Reid Traditional Schools Inc.


Here are 5 key members and their salaries (Reid Traditional Schools Inc's CEO's salary is $171,449 and their total compensation is $171,449):


Heidi Mitchell (Ceo)
  • Compensation: $171,449
  • Related: $0
  • Other: $0
Parag Chokshi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cuyler Reid (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letha Warner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Efird (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reidtraditional.com/

Where can I find the form 990 for Reid Traditional Schools Inc?

Reid Traditional Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.reidtraditional.com/

Learn more at the official website: www.reidtraditional.com/

Mission Statement of Reid Traditional Schools Inc

Reid Traditional Schools Inc, established in 1995, is committed to providing a traditional education experience. The organization operates two campuses: Valley Academy and Painted Rock Academy. Both schools have consistently excelled in academic ratings, earning top marks from the Arizona Department of Education. Valley Academy, in particular, has been recognized as a National 2014 Blue Ribbon School. Reid Traditional Schools Inc embodies a mission to deliver back-to-basics education by implementing a challenging, sequential, teacher-directed, standards-based, textbook-driven curriculum. This curriculum is supported by individual accountability and high academic and behavioral standards. Their approach emphasizes a teacher-led, structured learning environment that fosters personal growth and excellence.

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Impact




July, 2024

Reid Traditional Schools Inc has made a significant impact in the education sector by supporting the operation of two high-achieving campuses: Valley Academy and Painted Rock Academy. These schools have consistently received top academic ratings from the Arizona Department of Education, showcasing their commitment to academic excellence.

Valley Academy, founded in 1995, was even nominated as a National Blue Ribbon School in 2014, highlighting its dedication to providing a quality education. Additionally, Painted Rock Academy was named Arizona's Charter School of the Year in 2017, further demonstrating the positive impact of Reid Traditional Schools Inc in the educational landscape.

The awards and recognition bestowed upon these schools by prestigious organizations like the Arizona Charter Schools Association speak to the success of Reid Traditional Schools in preparing students for college, career, and life. Through their back-to-basics, traditional education approach, the organization has instilled high academic and behavioral standards, contributing to the overall educational development of their students.




This information is meant to be a general summary of Reid Traditional Schools 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
$1,939,690 (2022)
Expenses
$2,338,355 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $402,504
  • Gross Receipts: $1,939,690

Assets and Liabilities:

  • Total Assets: $19,381,151
  • Total Liabilities: $20,776,589
  • Net Assets: -$1,395,438

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$402,504

Organization Details

Founding Year

2011

Principal Officer

Heidi Mitchell

Main Address

14841 N BLACK CANYON HWY, PHOENIX, AZ, 85023

NTEE Category

Code: B11 - Education

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