Overview
What is Banner Learning Corp - Chicago?
Banner Learning Corp - Chicago is a nonprofit organization with a focus on workforce development and education. Located in Boca Raton, Florida, they have an agreement with a Michigan public school district to operate a unique program. This program, based on an entrepreneurial platform, empowers students by allowing them to establish micro-businesses while honing their workforce skills. Additionally, Banner Learning Corp operates alternative education programs in Chicago for students who have faced disciplinary issues or require alternative placements. By providing these services specifically in economically disadvantaged urban areas, the organization aims to contribute positively to the community and foster growth among its students.
Official website here: www.bannerlearning.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Banner Learning Corp in Chicago has received a zero-star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 43%, the organization notably lacks independent board members and does not provide financial statements, which are critical for transparency. Additionally, key governance policies such as conflict of interest and whistleblower protections are missing, highlighting potential risks in operational integrity.
On a positive note, the organization has demonstrated a strong commitment to its programs, evidenced by a program expense ratio of 100%. This indicates that all of its reported expenses are directed towards its programs, which is a notable strength. However, the lack of independent oversight and missing governance policies raises red flags about the organization's management and accountability.
Overall, while Banner Learning Corp may effectively channel its resources into its programming, the absence of essential financial disclosures and governance structures could undermine trust and sustainability. Stakeholders should approach this nonprofit with caution, considering the implications of its low accountability ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Banner Learning Corp - Chicago legitimate?
Banner Learning Corp - Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner Learning Corp - Chicago 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: $0
For more financial information, click here
Official website here: www.bannerlearning.org
What is the mission statement of Banner Learning Corp - Chicago?
Banner Learning Corp, based on the provided information, focuses on delivering alternative educational services to students in economically disadvantaged urban areas. The organization operates programs specifically designed for students who have faced disciplinary issues or require alternative placements due to various reasons. One of their initiatives includes a workforce development program, which operates under an agreement with a Michigan public school district. This program employs an entrepreneurial platform, enabling students to establish micro-businesses while learning, developing, and honing workforce skills. Overall, Banner Learning Corp aims to provide educational opportunities and skill development to students in economically challenged urban areas.
Official website here: www.bannerlearning.org
Who is the CEO of Banner Learning Corp - Chicago?
Eric A Carlton is the Assistant Director of Banner Learning Corp - Chicago.
Official website here: www.bannerlearning.org
What is the revenue of Banner Learning Corp - Chicago?
Banner Learning Corp - Chicago's revenue in 2022 was $1,179,152.
Official website here: www.bannerlearning.org
Who are the executives of Banner Learning Corp - Chicago and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.bannerlearning.org
Where can I find the form 990 for Banner Learning Corp - Chicago?
Banner Learning Corp - Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bannerlearning.org
Learn more at the official website: www.bannerlearning.org
Mission Statement of Banner Learning Corp - Chicago
Banner Learning Corp-Chicago, as an organization, is dedicated to providing alternative educational services for students in economically disadvantaged urban areas. Their mission is to cater to students who have faced disciplinary issues or require alternative placements due to various reasons. By operating within the city of Chicago, the organization specifically targets its services to the inner-city population, furthering its purpose in a meaningful way. The workforce development program they operated under an agreement with a Michigan public school district serves as a prime example of their mission. This program, based on an entrepreneurial platform, allows students to start their own micro-businesses while simultaneously learning, developing, and acquiring workforce skills. This innovative approach not only equips these students with essential skills for future employment but also provides them with practical experience in a real-world setting. By focusing on alternative education and workforce development, Banner Learning Corp-Chicago aims to empower its students and contribute to their overall growth and success.
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Impact
July, 2024
Banner Learning Corp - Chicago's impact lies in providing alternative education programs in the city of Chicago for students who have had disciplinary issues or need alternative placements for other reasons. By offering these services exclusively in inner-city areas, the organization is addressing a critical educational need for students in economically disadvantaged urban areas. This focus on alternative educational services helps to support and uplift students who may have faced challenges in traditional educational settings.
This information is meant to be a general summary of Banner Learning Corp - Chicago. 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.
- Program Service Revenue: $1,179,152
- Gross Receipts: $1,179,152
Assets and Liabilities:
- Total Assets: $528,352
- Total Liabilities: $428,477
- Net Assets: $99,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALTERNATIVE EDUCATION
Revenue
$1,179,152
Organization Details
Founding Year
2013
Phone
(561) 338-6846Principal Officer
Eric A Carlton
Main Address
315 SE MIZNER BLVD 207, BOCA RATON, FL, 33432
Website
www.bannerlearning.orgNTEE Category
Code: B29 - Education
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