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Srs Education

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

EIN: 463049883 ✦ Monroe, UT ✦ Designated as a 501(c)(3)

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Overview

What is Srs Education?

Srs Education is a nonprofit organization situated in Monroe, Utah (84754). With a primary mission to offer a high-quality education, it aims to equip students with the necessary skills to thrive in a global economy and fulfill their citizenship responsibilities. The organization specializes in supporting students dealing with various challenges, such as behavioral issues, drug addictions, and truancy, which hinder their academic progress and overall well-being. By providing exceptional schooling and credit recovery programs, Srs Education helps these students regain their footing and get back on track towards high school graduation. In fact, an impressive 91% of its graduates have accomplished this goal, showcasing significant improvement. Srs Education stands as a beacon of hope and transformation for numerous youths, inspiring them to overcome their challenges and contribute positively to society.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (50%)

Srs Education has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 50%, the organization lacks critical governance measures, such as independent board members and essential policies. The absence of financial statements and other required documentation further highlights transparency issues.

Despite these shortcomings, Srs Education demonstrates a solid commitment to program expenses, with an impressive 80.88% ratio indicating that the majority of its funds are directed towards its core mission activities. This suggests that while the organization may struggle with governance, it is effectively using resources to support its educational initiatives.

However, the lack of independent oversight and incomplete documentation raises serious questions about its operational integrity. Potential donors and supporters should weigh these factors carefully when considering engagement with Srs Education, as the organization must improve its accountability mechanisms to foster greater trust and confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Srs Education legitimate?

Srs Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Srs Education 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: $230,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $656,225

For more financial information, click here

What is the mission statement of Srs Education?

SRS Education's mission is centered around providing quality education to students, aiming to equip them with the skills necessary to thrive in a global economy and fulfill their civic duties. The organization has demonstrated success in supporting students who face challenges, such as behavioral issues, drug addictions, and truancy, by offering credit recovery programs and schooling. As a result, a significant number of students regain their academic footing, with 95% of graduates returning to traditional high school completion and further education, compared to a mere 9% before joining the program.

Who is the CEO of Srs Education?

Unavailable

What is the revenue of Srs Education?

Srs Education's revenue in 2022 was $979,496.

Who are the executives of Srs Education and what are their salaries?


Here are 3 key members and their salaries:


Richard Larsen (Officer)
  • Compensation: $133,200
  • Related: $0
  • Other: $0
Trina Swalberg (Officer)
  • Compensation: $97,200
  • Related: $0
  • Other: $0
Mary Ann Larsen (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Srs Education?

Srs Education's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Srs Education

Srs Education, a nonprofit organization, is committed to providing all students with a high-quality education. Their mission is twofold: firstly, to prepare students to compete in a global economy, and secondly, to instill in them the rights and responsibilities of citizenship. This mission is particularly significant for students who face challenges such as poor behavior, drug addictions, truancy, and other issues that hinder their academic progress and overall well-being.

By offering exceptional schooling and credit recovery programs, Srs Education helps these students get back on track towards high school graduation. The organization's efforts have proven to be highly effective. An impressive 95% of students who complete the Srs Education program are back on track, both academically and socially. This remarkable turnaround not only allows these students to reclaim their educational prospects but also fosters a renewed sense of pride and motivation to pursue further education and become productive members of society.

Over the years, Srs Education's impact has been substantial. Statistically, 91% of its graduates have gone on to complete high school, a remarkable achievement considering the challenges many of these students faced before joining the program. By providing a safe and supportive environment and tailoring its educational approach to meet the unique needs of each student, Srs Education has proven to be an invaluable resource for countless young people, empowering them to overcome their obstacles and contribute positively to their communities.

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Impact




July, 2024

Srs Education's impact is profound and far-reaching. By providing educational opportunities to students facing significant challenges such as poor behavior, drug addiction, truancy, and other obstacles, the organization has been instrumental in transforming their lives. In the face of the COVID-19 pandemic, SRS Education has continued to operate, ensuring that its doors remain open to those in need.

Through exceptional schooling and credit recovery programs, Srs Education has successfully guided 87% of enrolled students, who were previously behind in school and considering a GED, back on track towards graduation. The organization's efforts have not only facilitated academic progress but also fostered social growth and motivation among the students. Notably, 95% of program graduates are reinvigorated to complete high school and pursue further education, with an impressive 91% high school graduation rate among program completers.

Srs Education's impact extends beyond academic achievements; it empowers youth to overcome obstacles and become productive citizens they can take pride in. This transformative work underscores the organization's commitment to providing all students with quality education to equip them for success in a global economy and as responsible members of society.




This information is meant to be a general summary of Srs Education. 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
$979,496 (2022)
Expenses
$1,124,220 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,910
  • Program Service Revenue: $849,268
  • Gross Receipts: $979,496

Assets and Liabilities:

  • Total Assets: $457,998
  • Total Liabilities: $6,802
  • Net Assets: $451,196

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT EDUCATION

Revenue

$849,268

Organization Details

Founding Year

2013

Main Address

2898 N 100 W, MONROE, UT, 84754

NTEE Category

Code: B25 - Education

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