Overview
What is College Achieve Public Charter Schools Inc?
College Achieve Public Charter Schools Inc is a nonprofit organization situated in Tinton Falls, New Jersey. Their primary mission is to establish, develop, support, and manage public charter schools throughout New Jersey, focusing on underserved communities. They are responsible for procuring facilities and real estate, hiring leadership teams, and providing the curriculum and training for their K-12 schools. With a presence in three regions of New Jersey - Paterson, Plainfield and North Plainfield, and Asbury Park and Neptune Township - they have developed nine charter school facilities, often involving significant renovations and cost coverages. Their ultimate goal is to prepare students from underprivileged backgrounds to succeed in and graduate from some of the top colleges and universities in the nation. Upon graduation, they aspire that many students will return to their communities and contribute to a stronger, safer, and more prosperous locality.
Official website here: www.collegeachieve.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
College Achieve Public Charter Schools Inc has earned a commendable three-star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The score is exclusively derived from its accountability and finance beacon, showcasing the organization’s commitment to transparency and effective use of funds.
The nonprofit exhibits strong governance, with a 100% independent board, which supports unbiased decision-making. Additionally, the organization maintains a high program expense ratio of 93.33%, reflecting a significant allocation of its resources directly towards its educational programs.
While the rating is positive, it’s important to note that the overall score is solely based on accountability and finance metrics. Further information on program outcomes or beneficiary feedback could provide a more comprehensive view of the organization's impact in the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is College Achieve Public Charter Schools Inc legitimate?
College Achieve Public Charter Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Achieve Public Charter 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,311,120
For more financial information, click here
Official website here: www.collegeachieve.org
What is the mission statement of College Achieve Public Charter Schools Inc?
College Achieve Public Charter Schools Inc is dedicated to preparing students from underprivileged communities in New Jersey for success in some of the nation's most competitive colleges and universities. Their ultimate goal is for many of these students to return to their communities after graduation and contribute to a stronger, safer, and more prosperous environment. College Achieve manages and supports public charter schools in New Jersey, providing curriculum, leadership hiring, and training. They have developed nine charter school facilities at affordable costs in three regions of the state, which includes significant renovations and funding for related expenses through the rental income and fundraising.
Official website here: www.collegeachieve.org
Who is the CEO of College Achieve Public Charter Schools Inc?
Richard Purcell is the Chairman of College Achieve Public Charter Schools Inc. The CEO's salary of College Achieve Public Charter Schools Inc is $444,714 and their total compensation is $697,528.
Official website here: www.collegeachieve.org
What is the revenue of College Achieve Public Charter Schools Inc?
College Achieve Public Charter Schools Inc's revenue in 2022 was $12,414,254.
Official website here: www.collegeachieve.org
Who are the executives of College Achieve Public Charter Schools Inc and what are their salaries?
The average compensation at College Achieve Public Charter Schools Inc during 2022 was $192,593. There are 12 employees at College Achieve Public Charter Schools Inc.
Here are 12 key members and their salaries (College Achieve Public Charter Schools Inc's CEO's salary is $444,714 and their total compensation is $697,528):
- Compensation: $444,714
- Related: $0
- Other: $252,814
- Compensation: $350,320
- Related: $0
- Other: $83,414
- Compensation: $261,571
- Related: $0
- Other: $61,674
- Compensation: $247,325
- Related: $0
- Other: $50,965
- Compensation: $201,373
- Related: $0
- Other: $39,300
- Compensation: $201,112
- Related: $0
- Other: $8,600
- Compensation: $153,692
- Related: $0
- Other: $5,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.collegeachieve.org
Where can I find the form 990 for College Achieve Public Charter Schools Inc?
College Achieve Public Charter Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.collegeachieve.org
Learn more at the official website: www.collegeachieve.org
Mission Statement of College Achieve Public Charter Schools Inc
College Achieve Public Charter Schools, Inc. is a dedicated organization that strives to prepare students from underserved communities in New Jersey for academic excellence and successful graduation from top colleges and universities across the nation. By equipping students with the necessary skills and knowledge, the organization harbors the hope that many of its graduates will return to their home communities and contribute to a stronger, safer, and more prosperous environment.
College Achieve Public Charter Schools manages and develops public charter schools in New Jersey. They are responsible for creating facilities and real estate, hiring leadership, providing curricula, and offering training. College Achieve's mission is to prepare all of its students for outstanding performances in and graduation from the best colleges and universities in the United States. The organization has developed nine charter school facilities in three regions of New Jersey: Paterson, Plainfield and North Plainfield, and Asbury Park and Neptune Township. These property developments often involve significant renovations, and the financing, consulting, and legal costs are covered by College Achieve Public Charter Schools, Inc. using the proceeds from rents, management fees, and fundraising.
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Impact
October, 2024
College Achieve Public Charter Schools Inc significantly impacts underserved communities in New Jersey by preparing students to excel academically and gain admission to some of the nation's most competitive colleges and universities. The organization operates nine charter school facilities across Paterson, Plainfield, North Plainfield, Asbury Park, and Neptune Township. These schools provide quality education with a focus on equity and access, ensuring that students from diverse backgrounds receive the support they need to achieve their academic goals.
By focusing on rigorous curricula and comprehensive training for educators, College Achieve empowers its students to not only graduate but also thrive in higher education. The initiative aims to cultivate a new generation of leaders who, upon completing their college education, will return to their communities to foster growth, safety, and prosperity. This cycle of empowerment enhances local economies and strengthens social structures, contributing to the broader goal of community development.
Additionally, College Achieve's commitment to creating accessible educational facilities means that it not only invests in student success but also in the infrastructure that supports learning. By providing facilities at market or below-market rates and undertaking significant renovations, the organization ensures that students have access to safe and conducive learning environments, further amplifying its impact on educational outcomes in New Jersey.
This information is meant to be a general summary of College Achieve Public Charter 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$362,557
- Program Service Revenue: $12,734,203
- Gross Receipts: $12,776,811
Assets and Liabilities:
- Total Assets: $39,134,940
- Total Liabilities: $36,181,794
- Net Assets: $2,953,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$7,123,757
RENTAL INCOME
Revenue
$4,899,343
OTHER INCOME
Revenue
$711,103
Organization Details
Founding Year
2012
Phone
(908) 625-1251Principal Officer
Richard Purcell
Main Address
788 SHREWSBURY AVENUE SUITE 2183, TINTON FALLS, NJ, 07724
Website
www.collegeachieve.orgNTEE Category
Code: B19 - Education
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