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Capstone Education Group Inc

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

EIN: 454885204 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Capstone Education Group Inc?

Capstone Education Group Inc, located in Memphis, Tennessee, is a nonprofit organization dedicated to providing a high-quality, challenging education to students. With a team of 268 employees, they aim to equip students with the essential wisdom and knowledge needed to excel in college. The organization's mission is focused on empowering students for future success.


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Capstone Education Group Inc has achieved a notable four-star rating from Charity Navigator, indicating a strong level of accountability and financial management. The assessment reflects a perfect score in various categories, including having a majority of independent board members and a solid financial oversight framework. The organization demonstrates transparency and integrity in its operations, with no reported material diversion of assets.

The charity's commitment to financial health is further emphasized by its exceptional program expense ratio of 98.06%, showcasing a significant allocation of resources towards its mission. Additionally, it has implemented essential governance policies, including conflict of interest and whistleblower protections, which reinforces its dedication to ethical practices.

While the rating highlights the strengths of Capstone Education Group Inc, it is important for potential supporters to consider the broader context of its programs and impact. As with any organization, ongoing evaluation of its effectiveness and alignment with its mission is vital for sustained credibility.


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

Is Capstone Education Group Inc legitimate?

Capstone Education Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capstone Education Group 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: $698,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,167,225

For more financial information, click here


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

What is the mission statement of Capstone Education Group Inc?

Capstone Education Group Inc is dedicated to equipping students with the essential wisdom and knowledge required for college success. Through a challenging and high-quality education, this college preparatory school aims to prepare students for higher learning. The organization's mission is focused on providing students with the necessary tools and understanding to thrive in their academic journey. The educational program offers a comprehensive learning experience that empowers students to reach their full potential. By fostering a strong foundation in knowledge and skills, Capstone Education Group Inc helps students build a solid base for their future academic and professional pursuits.


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

Who is the CEO of Capstone Education Group Inc?

Drew Sippel is the Secretary of Capstone Education Group Inc.


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

What is the revenue of Capstone Education Group Inc?

Capstone Education Group Inc's revenue in 2023 was $20,578,588.


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

Who are the executives of Capstone Education Group Inc and what are their salaries?

The average compensation at Capstone Education Group Inc during 2023 was $44,275. There are 268 employees and 175 volunteers at Capstone Education Group Inc.


Here are 11 key members and their salaries:


Paul F T Edwards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas M Marino (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camela Echols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Walker (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Octavious Nickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Yolunda Bass Beale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Sippel (Executive Director)
  • Compensation: $226,919
  • Related: $0
  • Other: $0
Yolanda Dandridge (Principal Of Cornerstone Prep School)
  • Compensation: $134,995
  • Related: $0
  • Other: $0
Michelle Lyons (Principal Of Cornerstone Prep School Denver)
  • Compensation: $128,415
  • Related: $0
  • Other: $0
Bridgette V Simmons (Dean Of Culture)
  • Compensation: $100,326
  • Related: $0
  • Other: $0
Meagan A Tate (Chief Culture Officer)
  • Compensation: $109,453
  • Related: $0
  • Other: $0


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

Where can I find the form 990 for Capstone Education Group Inc?

Capstone Education Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cornerstoneprepmemphis.org/capstone-educat

Learn more at the official website: www.cornerstoneprepmemphis.org/capstone-educat

Mission Statement of Capstone Education Group Inc

Capstone Education Group Inc, a leading college preparatory school, is dedicated to equipping students with the wisdom and knowledge essential for success in higher education. The organization's mission is twofold: first, to challenge students academically, and second, to provide them with a high-quality education that will prepare them for college and beyond.

Capstone Education Group Inc's educational approach goes beyond the classroom, focusing on the holistic development of its students. By fostering an intellectually stimulating environment, the organization empowers students to develop critical thinking skills, deepen their understanding of various subjects, and cultivate a lifelong love for learning. The school's commitment to academic excellence is reflected in its rigorous curriculum and the dedication of its exceptional faculty.

Moreover, Capstone Education Group Inc recognizes the importance of a well-rounded education and offers various opportunities for students to explore their interests and passions outside the classroom. Through extracurricular activities, community service projects, and partnerships with local organizations, the school provides students with experiences that broaden their horizons and help them grow into well-rounded individuals. In this way, Capstone Education Group Inc is more than just a college preparatory school – it is a place where students are encouraged to reach their full potential and prepare for a successful future.

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Impact




October, 2024

Capstone Education Group Inc significantly impacts students by equipping them with the wisdom and knowledge necessary for success in college. Located in Memphis, TN, it operates a college preparatory school that provides a challenging and high-quality education, fostering academic excellence and preparing students for the rigors of higher education. Through its tailored programs and dedicated approach, Capstone empowers students to realize their full potential and navigate their educational journeys effectively, thereby contributing to their long-term personal and professional success.




This information is meant to be a general summary of Capstone Education Group 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
$20,578,588 (2023)
Expenses
$18,205,736 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $146,248
  • Gross Receipts: $20,578,588

Assets and Liabilities:

  • Total Assets: $23,971,387
  • Total Liabilities: $814,656
  • Net Assets: $23,156,731

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Organization Details

Founding Year

2012

Principal Officer

Drew Sippel

Main Address

PO BOX 22569, MEMPHIS, TN, 381220569

NTEE Category

Code: B20 - Education

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