Overview
What is Esperanza Cyber Charter School?
Esperanza Cyber Charter School is a nonprofit educational institution in Philadelphia, Pennsylvania. Established in 1987 by Nueva Esperanza, Inc. (NEI), the school is part of a long-standing organization dedicated to supporting Hispanic communities. NEI's commitment to quality education and community development led to the founding of Esperanza Cyber Charter School in 2012 as a charter school under Pennsylvania law. The school offers education to students in kindergarten to twelfth grade via interactive distance learning, one-to-one tutoring, computer-assisted collaboration, project-based learning, and customized instruction. With around 170 employees, Esperanza Cyber Charter School is dedicated to delivering a top-notch education tailored to each student's individual requirements.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Esperanza Cyber Charter School has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The score is solely derived from its performance in the Accountability & Finance beacon, indicating that the organization maintains strong financial practices and governance standards. This impressive rating showcases the nonprofit's commitment to transparency and effective management.
The organization has a fully independent board, with all members meeting the criteria for independence, which enhances its credibility and decision-making processes. Additionally, it demonstrates strong fiscal responsibility with a high program expense ratio of 80.76%, ensuring that a significant portion of its resources is directed towards its educational programs. Moreover, the presence of comprehensive oversight policies, including conflict of interest and whistleblower protections, reinforces the organization's integrity.
While the financial aspects are commendable, the summary does not provide specific insights into the educational outcomes or community impact of the programs offered by the school. Understanding how effectively it serves its students could provide a more complete picture of its success and areas for improvement. Nonetheless, the strong financial metrics indicate a well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Esperanza Cyber Charter School legitimate?
Esperanza Cyber Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Cyber 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: $206,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,903,798
For more financial information, click here
What is the mission statement of Esperanza Cyber Charter School?
Esperanza Cyber Charter School is committed to delivering a top-notch education through interactive distance learning, one-on-one tutoring, computer-assisted collaborative learning, project-based instruction, and personalized education plans. Established under the provisions of the Pennsylvania Commonwealth, this charter school serves students from kindergarten to twelfth grade. The educational institution was founded as part of Nueva Esperanza, Inc.'s (NEI) mission to enhance opportunities for the Hispanic community by focusing on quality education. NEI, a non-profit organization, has been dedicated to empowering Hispanic communities for over three decades. Esperanza Cyber Charter School offers students access to digital classrooms, worksheets, study materials, quizzes, tests, and other resources online, allowing students to complete assignments on the computer or print them out for manual completion.
Who is the CEO of Esperanza Cyber Charter School?
Dr Jon Marsh is the Ex-Officio of Esperanza Cyber Charter School. The CEO's salary of Esperanza Cyber Charter School is $135,988 and their total compensation is $192,324.
What is the revenue of Esperanza Cyber Charter School?
Esperanza Cyber Charter School's revenue in 2022 was $20,535,146.
Who are the executives of Esperanza Cyber Charter School and what are their salaries?
The average compensation at Esperanza Cyber Charter School during 2022 was $41,824. There are 170 employees and 8 volunteers at Esperanza Cyber Charter School.
Here are 11 key members and their salaries (Esperanza Cyber Charter School's CEO's salary is $135,988 and their total compensation is $192,324):
- Compensation: $0
- Related: $344,391
- Other: $77,709
- Compensation: $135,988
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- Other: $56,336
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- Other: $0
Where can I find the form 990 for Esperanza Cyber Charter School?
Esperanza Cyber Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Esperanza Cyber Charter School
Esperanza Cyber Charter School, a dedicated educational institution, is committed to delivering quality education through interactive distance learning classrooms, one-to-one tutoring, computer-supported collaborative learning, project-based learning, and customized instruction tailored to each student's unique needs.
Founded by the Hispanic Clergy of Philadelphia under the umbrella of Nueva Esperanza, Inc. (NEI) in 1987, this non-profit organization has long focused on enhancing opportunities for Hispanic families within the Hunting Park community of Philadelphia. Esperanza Cyber Charter School emerged as an extension of NEI's commitment to quality education and community development.
Established as a charter school in 2012, Esperanza Cyber Charter School offers education to students in kindergarten through twelfth grade. The School's innovative approach to education combines the benefits of technology with personalized attention, ensuring students receive a comprehensive education suitable to their individual learning styles and paces. Students engage with their courses online, with access to various digital resources, worksheets, and study materials that can be completed on a computer or printed for manual completion. This flexibility caters to the diverse learning needs of each student and allows them to thrive in an educational environment tailored to their unique requirements.
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Impact
October, 2024
Esperanza Cyber Charter School has significantly impacted the Philadelphia community by providing quality education adapted to the needs of students from kindergarten through grade twelve. Established in response to the educational needs of Hispanic communities, the school utilizes interactive distance learning, one-on-one tutoring, and tailored instructional methods. This approach not only enhances academic performance but also promotes engagement through project-based and collaborative learning.
The use of online resources and personalized learning plans allows students to learn at their own pace, making education more accessible. By focusing on a comprehensive and flexible educational model, Esperanza Cyber Charter School empowers students to reach their full potential, effectively raising the economic and social standards within the community. Over the years, the school has become a crucial pillar in supporting Hispanic families in the Hunting Park area, reinforcing the connection between education and community development.
This information is meant to be a general summary of Esperanza Cyber 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.
- Investment Income: $9,713
- Program Service Revenue: $16,607,104
- Gross Receipts: $20,535,146
Assets and Liabilities:
- Total Assets: $24,129,797
- Total Liabilities: $12,241,214
- Net Assets: $11,888,583
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL REVENUE
Revenue
$16,607,104
Organization Details
Founding Year
2011
Phone
(215) 324-0746Principal Officer
Dr Jon Marsh
Main Address
4261 North 5th Street, Philadelphia, PA, 19140
NTEE Category
Code: B29 - Education
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