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Success Foundation Inc

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

EIN: 461501902 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Success Foundation Inc?

Success Foundation Inc, located at 95 PINE STREET 6TH FLOOR, NEW YORK, NY 10005, is a nonprofit organization that serves an essential role in supporting Success Academy Charter Schools, Inc. This related 501(C)(3) organization makes charitable distributions and grants exclusively to Success Academy Charter Schools, Inc. The primary purpose of Success Foundation Inc is to contribute to the functions and mission of its affiliated organization, thereby benefiting the educational sector and the students it serves. With a small team of one employee, the foundation plays a crucial role in the operations of Success Academy Charter Schools, Inc.


Official website here: www.successacademies.org

Is Success Foundation Inc legitimate?

Success Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Success Foundation 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: $780,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.successacademies.org

What is the mission statement of Success Foundation Inc?

Success Foundation Inc is established with the primary purpose of supporting Success Academy Charter Schools Inc., a related 501(c)(3) organization. Its mission is to contribute to the functions and goals of Success Academy Charter Schools Inc. by making periodic charitable distributions and grants. The organization's role is solely to benefit and further the objectives of Success Academy Charter Schools Inc. While the information provided does not detail specific programs or initiatives, it suggests that Success Foundation Inc. aims to contribute financially to the operations and advancement of Success Academy Charter Schools Inc.


Official website here: www.successacademies.org

Who is the CEO of Success Foundation Inc?

Eva Moskowitz is the Chief Executive Officer of Success Foundation Inc. The CEO's salary of Success Foundation Inc is $767,500 and their total compensation is $985,730.


Official website here: www.successacademies.org

What is the revenue of Success Foundation Inc?

Success Foundation Inc's revenue in 2022 was $400,151.


Official website here: www.successacademies.org

Who are the executives of Success Foundation Inc and what are their salaries?

The average compensation at Success Foundation Inc during 2022 was $780,000. There is 1 employee and 3 volunteers at Success Foundation Inc.


Here are 5 key members and their salaries (Success Foundation Inc's CEO's salary is $767,500 and their total compensation is $985,730):


Eva Moskowitz (Chief Executive Officer)
  • Compensation: $767,500
  • Related: $184,149
  • Other: $34,081
Shabbir Ahmed (Chief Financial Officer)
  • Compensation: $0
  • Related: $235,449
  • Other: $10,722
Joel Greenblatt (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Barrera From 721 (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent A Yalowitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.successacademies.org

Where can I find the form 990 for Success Foundation Inc?

Success Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.successacademies.org

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

Mission Statement of Success Foundation Inc

Success Foundation Inc, as per its mission statement, is dedicated to serving the purposes and functions of Success Academy Charter Schools Inc, a related 501(c)(3) organization. The primary role of Success Foundation Inc is to contribute charitable distributions and grants exclusively to Success Academy Charter Schools Inc. This relationship ensures that the foundation is solely focused on supporting the educational goals and objectives of the charter school organization. By doing so, Success Foundation Inc plays a crucial role in enhancing the educational landscape and fostering the growth and development of students within the Success Academy Charter Schools network.

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Impact




October, 2024

Success Foundation Inc plays a crucial role in enhancing educational opportunities and resources for students at Success Academy Charter Schools in New York. By providing charitable distributions and grants, it supports the academic mission and operational needs of these schools, ensuring they can deliver a high-quality education to their students.

The foundation's dedicated focus on benefiting Success Academy promotes innovative teaching methods, curricular advancements, and essential programs that enrich the learning environment. This support contributes to the overall success of the students, helping foster an atmosphere of achievement and growth. Through its targeted efforts, Success Foundation Inc effectively empowers both educators and learners, ultimately uplifting communities by promoting educational excellence.




This information is meant to be a general summary of Success Foundation 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
$400,151 (2022)
Expenses
$825,995 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $151
  • Gross Receipts: $400,151

Assets and Liabilities:

  • Total Assets: $65,169
  • Total Liabilities: $381,116
  • Net Assets: -$315,947

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Organization Details

Founding Year

2012

Principal Officer

Eva Moskowitz

Main Address

95 PINE STREET 6TH FLOOR, NEW YORK, NY, 10005

NTEE Category

Code: B11 - Education

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