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Charlotte Education Foundation

Queen City Stem Academy

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

EIN: 464239471 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Charlotte Education Foundation?

Charlotte Education Foundation is a nonprofit organization that plays a significant role in the community by operating Queen City Stem Academy, a public charter school. Serving approximately 848 students during the fiscal year ending on June 30, 2022, Charlotte Education Foundation ensures the school fulfills its mission. By operating Queen City Stem Academy, the foundation contributes to the education and development of numerous young individuals in the area.


Official website here: www.queencitystem.org

What are the reviews and ratings of this charity?

**Charlotte Education Foundation**

**Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)**

The Charlotte Education Foundation has achieved a high level of accountability and finance, with a remarkable score of 96%, which signifies strong financial health and transparency. This score results from various factors including independent board governance and thorough disclosure practices. The foundation’s commitment to financial integrity is evident from its perfect performance in key areas such as material diversion of assets and board independence.

Although there is no specific data on the organization’s impact and adaptability, its solid financial metrics indicate a reputable organization capable of sustaining its operations effectively. The program expense ratio of 75.59% reflects a strong dedication to channeling resources toward its educational missions. While these financial ratings underscore its successes, a thorough assessment of overall impact, community culture, and adaptability could provide deeper insights into its effectiveness.

User reviews from GreatNonprofits could not be fetched, so further public sentiment regarding the foundation's programs and initiatives is unavailable at this time.


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

Is Charlotte Education Foundation legitimate?

Charlotte Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Education Foundation 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: $205,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,764,808

For more financial information, click here


Official website here: www.queencitystem.org

What is the mission statement of Charlotte Education Foundation?

The Charlotte Education Foundation, specifically, operates a public charter school named Queen City Stem Academy. This school serves approximately 848 students annually, as stated in its fiscal year report ending on June 30, 2022. The mission of Queen City Stem Academy, aligning with the Charlotte Education Foundation, is to provide education to its students while fulfilling its mission. However, the specifics of this mission, such as its goals and objectives, are not provided in the given information.


Official website here: www.queencitystem.org

Who is the CEO of Charlotte Education Foundation?

Fahrudin Mekic is the President of Charlotte Education Foundation.


Official website here: www.queencitystem.org

What is the revenue of Charlotte Education Foundation?

Charlotte Education Foundation's revenue in 2022 was $8,634,032.


Official website here: www.queencitystem.org

Who are the executives of Charlotte Education Foundation and what are their salaries?

The average compensation at Charlotte Education Foundation during 2022 was $38,175. There are 104 employees and 7 volunteers at Charlotte Education Foundation.


Here are 8 key members and their salaries:


Fahrudin Mekic (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Schlee (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlton Cammon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrol Singetary (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ali Tombak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cagri Kahraman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murat Alkan (Principal)
  • Compensation: $94,381
  • Related: $0
  • Other: $0
Ben Karaduman (Superintende)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.queencitystem.org

Where can I find the form 990 for Charlotte Education Foundation?

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


Official website here: www.queencitystem.org

Learn more at the official website: www.queencitystem.org

Mission Statement of Charlotte Education Foundation

The Charlotte Education Foundation, as evidenced by its activities, is dedicated to the operation of a public charter school named Queen City Stem Academy. This educational institution serves approximately 848 students during its fiscal year, which concludes on June 30th. The Charlotte Education Foundation's mission, through Queen City Stem Academy, is to provide quality education, fostering a learning environment that nurtures the growth and development of its students. The foundation's commitment to its mission ensures that the school operates effectively, meeting the academic needs of its student body.

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Impact




July, 2024

Charlotte Education Foundation's impact is significant in providing quality education to approximately 848 students through the operation of Queen City Stem Academy in Charlotte, North Carolina. The foundation's mission to operate a public charter school focuses on promoting learning and growth among students, ultimately shaping the future of these individuals. By catering to the educational needs of the community, Charlotte Education Foundation plays a key role in enhancing opportunities for students to succeed and thrive in their academic pursuits.




This information is meant to be a general summary of Charlotte Education Foundation. 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
$8,634,032 (2022)
Expenses
$8,785,162 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,068
  • Program Service Revenue: $7,561,302
  • Gross Receipts: $8,634,032

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

STATE OF NC

Revenue

$5,161,625

TOTAL COUNTY FUNDS

Revenue

$2,269,875

FOOD SERVICE

Revenue

$105,377

SCHOOL PROGRAMS & ACTIVITIES

Revenue

$24,425

Organization Details

Founding Year

2013

Principal Officer

Fahrudin Mekic

Main Address

8701 MALLARD CREEK RD, CHARLOTTE, NC, 282626006

NTEE Category

Code: B20 - Education

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