Overview
What is Animas High School Building Corp?
Animas High School Building Corp is a Colorado-based nonprofit organization dedicated to supporting Animas High School, a charter school. Their primary role involves holding title to property and facilitating the school's operations, including acquiring, leasing, constructing, improving, equipping, and financing various facilities, land, equipment, and improvements intended for lease to the charter school. They are empowered to deal with real and personal property and incur liabilities to secure their obligations. In 2020, Animas High School was awarded a grant to construct a new 40,500 square foot facility on the Fort Lewis College campus. Designed for project-based learning, the building includes small break-out spaces, larger convening areas, ample natural light, and connected indoor/outdoor spaces to support large-scale projects. The unique location on a college campus offers increased opportunities for collaboration and greater access to higher education. The new facility is expected to be completed by December 2022 and will be ready for use in January 2023.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Animas High School Building Corp has received a respectable Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization scored particularly well in various metrics, with a perfect score in majority independent board members and strong financial oversight, highlighting its dedication to transparency and responsible governance.
The nonprofit's program expense ratio is impressive at 90.69%, indicating that a significant majority of its funds are directed towards its educational programs rather than administrative costs. This focus on programmatic spending suggests a strong alignment with its mission to support education, which is a positive aspect for potential donors and stakeholders.
While the organization demonstrates strong financial health and governance practices, ongoing monitoring of its operational effectiveness and impact on the community will be essential. Overall, Animas High School Building Corp showcases transparency and efficiency in its operations, making it a trustworthy option for supporters looking to invest in educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Animas High School Building Corp legitimate?
Animas High School Building Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Animas High School Building Corp 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
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What is the mission statement of Animas High School Building Corp?
Animas High School Building Corp's mission is primarily focused on supporting the operations of Animas High School, a charter school in Colorado. The corporation's role includes holding title to property and facilitating various activities related to public and charter school education. Specifically, it acquires, leases, constructs, improves, equips, and finances facilities, land, equipment, and other improvements intended for the charter school. The corporation is empowered to deal with real and personal property, make contracts, and incur liabilities to secure its obligations. Its main goal is to promote and facilitate the growth and success of public and charter schools.
What is the revenue of Animas High School Building Corp?
Animas High School Building Corp's revenue in 2024 was $399,666.
Who are the executives of Animas High School Building Corp and what are their salaries?
There 3 volunteers at Animas High School Building Corp.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Animas High School Building Corp?
Animas High School Building Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Animas High School Building Corp
Animas High School Building Corp is established with a mission to support the operations of Animas High School, a Colorado-based nonprofit corporation and charter school. The primary objective of this organization is to promote public and charter school education. To achieve this, Animas High School Building Corp undertakes various activities, including acquiring, leasing, constructing, improving, equipping, and financing various facilities, land, equipment, and other improvements intended for lease to the charter school. The corporation is empowered to hold, own, improve, use, and deal with real and personal property or any interest therein, and to make contracts and incur liabilities. Moreover, Animas High School Building Corp secures its obligations by mortgage, deed to secure debt, deed of trust, creation of a security interest in, or other encumbrances on or all or any part of its property, franchise, or other interest. Overall, the mission of Animas High School Building Corp is to facilitate the operations of Animas High School and promote public and charter school education through property-related activities.
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Impact
July, 2024
**Animas High School Building Corp's Impact:**
Animas High School Building Corp plays a crucial role in facilitating the operations of Animas High School, a charter school in Colorado. By acquiring, leasing, constructing, and improving various facilities for the school, the organization directly contributes to enhancing the learning environment for students.
One significant achievement of Animas High School Building Corp is the development of a new 40,500 square foot facility on the campus of Fort Lewis College. This state-of-the-art building, designed for project-based learning, includes innovative features such as breakout spaces, collaboration areas, and access to natural light. Additionally, it offers unique opportunities for student-faculty collaboration and increased access to higher education.
Overall, the impact of Animas High School Building Corp is evident in its commitment to promoting public and charter school education through the creation of modern, functional, and collaborative learning spaces for students.
This information is meant to be a general summary of Animas High School Building Corp. 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 2024.
- Investment Income: $545
- Program Service Revenue: $222,617
- Gross Receipts: $399,666
Assets and Liabilities:
- Total Assets: $19,991,247
- Total Liabilities: $3,653,826
- Net Assets: $16,337,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$222,617
Organization Details
Founding Year
2013
Principal Officer
Jeff King
NTEE Category
Code: B11 - Education
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