Overview
What is Champion Education Network?
Champion Education Network (CEN) is a full-service charter management organization situated in Detroit, Michigan. It collaborates with academy/school boards, taking charge of various school management responsibilities. CEN ensures compliance with federal, state, and authorizer requirements, attracts, develops, and retains talent, manages financial obligations, and provides operational support, including facility and safety management. Moreover, they oversee and implement educational programs, aiming to foster a system of remarkable neighborhood schools in traditionally under-resourced communities, utilizing a trauma-informed, whole child approach to education that promotes college, career, and life success for all children. As of the provided information, CEN employs 145 individuals.
Official website here: www.cennonprofit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Champion Education Network has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance practices, with a fully independent board and effective policies in place for conflict of interest, whistleblowing, and document retention. The program expense ratio is impressively high at 91.03%, indicating that the majority of its resources are dedicated to its educational initiatives.
The charity's financial health is also commendable, with a low liabilities to assets ratio of 12.43%, suggesting stability and prudent management of resources. Overall, the organization has shown transparency and effectiveness in its operations.
While the rating is positive, potential donors might want to consider other factors such as program outcomes or community impact, which are not directly reflected in the financial metrics. Maintaining this level of performance will be critical for Champion Education Network to continue gaining trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Champion Education Network legitimate?
Champion Education Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champion Education Network 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: $173,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,954
For more financial information, click here
Official website here: www.cennonprofit.org
What is the mission statement of Champion Education Network?
Champion Education Network is committed to establishing a system of exceptional neighborhood schools in underserved communities. They achieve this mission by utilizing a trauma-informed, holistic approach to education. This approach ensures that all students, regardless of their background, have the opportunity to succeed in college, careers, and life. Champion Education Network works in partnership with academy/school boards to oversee various aspects of school management, including compliance, talent management, financial obligations, operational support, and educational programming. Their goal is to provide comprehensive services that meet all necessary requirements and foster a nurturing learning environment for every student.
Official website here: www.cennonprofit.org
Who is the CEO of Champion Education Network?
Kerri Smith is the Director of Champion Education Network. The CEO's salary of Champion Education Network is $156,775 and their total compensation is $173,028.
Official website here: www.cennonprofit.org
What is the revenue of Champion Education Network?
Champion Education Network's revenue in 2022 was $2,979,351.
Official website here: www.cennonprofit.org
Who are the executives of Champion Education Network and what are their salaries?
The average compensation at Champion Education Network during 2022 was $3,869. There are 145 employees and 7 volunteers at Champion Education Network.
Here are 11 key members and their salaries (Champion Education Network's CEO's salary is $156,775 and their total compensation is $173,028):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $156,775
- Related: $0
- Other: $16,253
- Compensation: $115,085
- Related: $0
- Other: $1,377
- Compensation: $106,062
- Related: $0
- Other: $20,783
- Compensation: $101,907
- Related: $0
- Other: $7,837
Official website here: www.cennonprofit.org
Where can I find the form 990 for Champion Education Network?
Champion Education Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cennonprofit.org
Learn more at the official website: www.cennonprofit.org
Mission Statement of Champion Education Network
Champion Education Network aims to establish a network of exceptional neighborhood schools in under-resourced communities. They accomplish this mission by adopting a trauma-informed, holistic approach to education, ensuring the success of all students in college, careers, and beyond. Champion Education Network collaborates with academy/school boards to manage various aspects of school operations, including compliance with federal, state, and authorizer requirements. They also focus on attracting, retaining, and developing talented educators, managing financial obligations, providing operational support, and overseeing educational programs. Their ultimate goal is to create a system of neighborhood schools that caters to the unique needs of each student, fostering an environment conducive to learning and personal growth.
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Impact
July, 2024
Champion Education Network is making a significant impact by building a system of remarkable neighborhood schools in traditionally under-resourced communities. Their focus on a trauma-informed, whole-child approach to education is ensuring college, career, and life success for all children. By providing services that meet compliance requirements, attract and retain talent, manage financial obligations, and offer necessary operational supports, CEN is empowering schools to thrive and provide high-quality education in Detroit, MI.
This information is meant to be a general summary of Champion Education Network. 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: $899,001
- Gross Receipts: $2,979,351
Assets and Liabilities:
- Total Assets: $2,376,911
- Total Liabilities: $86,397
- Net Assets: $2,290,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES
Revenue
$814,087
FEES FOR SERVICES
Revenue
$84,914
Organization Details
Founding Year
2015
Phone
(313) 977-9178Principal Officer
Kerri Smith
Main Address
13600 VIRGIL STREET, DETROIT, MI, 48223
Website
www.cennonprofit.orgNTEE Category
Code: B19 - Education
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