Overview
What is Schoolnova At Stony Brook Inc?
Schoolnova At Stony Brook Inc, located at 4 Mondavi Lane, East Setauket, NY 11733, is a nonprofit organization committed to enhancing education for children from pre-K to grade 12. Their primary mission is to provide a weekend enrichment program and related activities in subjects such as science, mathematics, art, and foreign languages. This organization operates as a not-for-profit entity, ensuring that its services are accessible to all interested children. With a team of 43 dedicated individuals, Schoolnova At Stony Brook Inc seeks to foster a love for learning and personal growth in the next generation.
Official website here: www.schoolnova.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74% (Two-Star out of Four Stars)
Schoolnova At Stony Brook Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The score is primarily based on the Accountability & Finance category, where the organization scored 74%. The high marks for independent board members and policies like conflict of interest and whistleblower protection demonstrate a strong governance structure.
However, the organization struggles with financial transparency, as evidenced by the low score in Financial Statements, where it received 0 out of 15 points. Despite this shortcoming, it excelled in areas such as liabilities to assets ratio, showing good financial stability. The program expense ratio also indicates room for improvement, as it received only 14 out of 25 points.
Overall, while Schoolnova At Stony Brook Inc showcases strengths in governance and accountability, the lack of financial transparency may raise concerns for potential donors. Continuous efforts to improve its financial reporting could enhance its rating and build greater trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Schoolnova At Stony Brook Inc legitimate?
Schoolnova At Stony Brook Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoolnova At Stony Brook 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: $79,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,352
For more financial information, click here
Official website here: www.schoolnova.org
What is the mission statement of Schoolnova At Stony Brook Inc?
Schoolnova At Stony Brook Inc, as a non-profit organization under Section 501(c)(3) of the Internal Revenue Code, is dedicated to the advancement of education. Their primary focus is on organizing and operating a weekend enrichment program for children in the preK-12 age group. Their mission extends beyond this, encompassing any powers granted by the General Not-for-Profit Corporation Act of New York, aiming to contribute positively to the educational development of young learners.
Official website here: www.schoolnova.org
Who is the CEO of Schoolnova At Stony Brook Inc?
Marina Polonskaia is the Executive Dir. of Schoolnova At Stony Brook Inc.
Official website here: www.schoolnova.org
What is the revenue of Schoolnova At Stony Brook Inc?
Schoolnova At Stony Brook Inc's revenue in 2023 was $576,126.
Official website here: www.schoolnova.org
Who are the executives of Schoolnova At Stony Brook Inc and what are their salaries?
The average compensation at Schoolnova At Stony Brook Inc during 2023 was $8,722. There are 43 employees and 5 volunteers at Schoolnova At Stony Brook Inc.
Here are 12 key members and their salaries:
- Compensation: $77,700
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.schoolnova.org
Where can I find the form 990 for Schoolnova At Stony Brook Inc?
Schoolnova At Stony Brook Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.schoolnova.org
Learn more at the official website: www.schoolnova.org
Mission Statement of Schoolnova At Stony Brook Inc
Schoolnova at Stony Brook Inc, as a not-for-profit organization, is dedicated to advancing education within the realm of Section 501(c)(3) of the Internal Revenue Code or any future federal tax code. Its primary mission is to maintain and operate a weekend enrichment program designed for children from pre-K through 12th grade. This enterprise operates under the guiding principles set forth by the General Not-for-Profit Corporation Act of the State of New York, permitting it to exercise any powers that may be granted now or in the future. In essence, Schoolnova at Stony Brook Inc strives to contribute to the educational development of young people through its weekend enrichment programs and related activities.
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Impact
July, 2024
Schoolnova At Stony Brook Inc has had a significant impact on education by maintaining and operating a weekend enrichment program for preK-12 children in the areas of science, mathematics, art, and foreign languages. Through their activities, they have provided students with valuable opportunities to expand their knowledge and skills outside of regular school hours. This organization's dedication to advancing education has helped inspire and nurture the intellectual curiosity of young learners, fostering a love for learning and exploration. Overall, Schoolnova At Stony Brook Inc plays a crucial role in enhancing the educational experiences of students and contributing to their academic and personal growth.
This information is meant to be a general summary of Schoolnova At Stony Brook 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $152
- Program Service Revenue: $532,109
- Gross Receipts: $576,126
Assets and Liabilities:
- Total Assets: $695,048
- Total Liabilities: $3,466
- Net Assets: $691,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$532,109
Organization Details
Founding Year
2013
Principal Officer
Marina Polonskaia
Main Address
4 Mondavi Lane, East Setauket, NY, 11733
Website
www.schoolnova.orgNTEE Category
Code: B20 - Education
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