Overview
What is Storefront Academy Charter School?
Storefront Academy Charter School, located in Bronx, New York (10455), is a nonprofit organization committed to providing high-quality educational opportunities for students of diverse academic abilities. Their mission is to nurture critical thinkers, foster academic, social, and emotional growth, and develop well-rounded individuals. By collaborating with families and the community, the school instills a strong sense of self-confidence in its students, equipping them with the necessary tools to shape their future and lead meaningful lives. The institution served 349 students during the academic year ending June 30, 2022, and employs 113 individuals.
Official website here: www.storefrontacademycs.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 85% (Three-Star out of Four Stars)**tar)**
Storefront Academy Charter School has received an 85% rating from Charity Navigator, which indicates a solid level of accountability and financial health. The rating stems exclusively from the Accountability & Finance category, showcasing the organization’s strong practices, such as having an entirely independent board and comprehensive oversight mechanisms. These practices reflect a commitment to governance, transparency, and financial integrity, essential for fostering trust among stakeholders.
The fiscal data highlights that the organization has effectively allocated its resources towards program expenses, with a program expense ratio of 79.11%. However, there is a notable concern regarding the high liabilities to assets ratio of 78.39%, which may suggest potential financial vulnerabilities. While the overall rating is commendable, this specific metric could be a point of scrutiny for potential donors or supporters reviewing the school’s financial sustainability.
User reviews from GreatNonprofits could not be retrieved, leaving insights from the community unavailable. Nevertheless, the strengths in financial accountability and governance remain central to understanding Storefront Academy Charter School's operational efficacy and its commitment to serving students effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Storefront Academy Charter School legitimate?
Storefront Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Storefront Academy Charter School 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: $113,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,931,150
For more financial information, click here
Official website here: www.storefrontacademycs.org
What is the mission statement of Storefront Academy Charter School?
Storefront Academy Charter School's mission is to offer high-quality educational opportunities to children with varying academic abilities. This aim is to prepare them not just academically, but also socially and emotionally, transforming them into critical thinkers and high-achieving students. The school fosters a sense of self-worth in its students, equipping them with the tools necessary to shape their future and lead fulfilling adult lives. Storefront Academy strengthens its approach by collaborating with families and community members, fostering a supportive environment that nurtures well-rounded individuals.
Official website here: www.storefrontacademycs.org
What is the revenue of Storefront Academy Charter School?
Storefront Academy Charter School's revenue in 2024 was $9,908,266.
Official website here: www.storefrontacademycs.org
Who are the executives of Storefront Academy Charter School and what are their salaries?
The average compensation at Storefront Academy Charter School during 2024 was $49,951. There are 101 employees and 7 volunteers at Storefront Academy Charter School.
Here are 13 key members and their salaries:
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- Compensation: $98,500
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- Compensation: $103,612
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- Other: $36,060
- Compensation: $104,105
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- Other: $10,704
- Compensation: $102,064
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- Other: $10,704
- Compensation: $122,400
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- Other: $10,704
- Compensation: $120,749
- Related: $0
- Other: $10,704
Official website here: www.storefrontacademycs.org
Where can I find the form 990 for Storefront Academy Charter School?
Storefront Academy Charter School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.storefrontacademycs.org
Learn more at the official website: www.storefrontacademycs.org
Mission Statement of Storefront Academy Charter School
Storefront Academy Charter School is dedicated to offering high-quality educational opportunities for children with varying academic strengths. The mission of this institution is to prepare its students academically, socially, and emotionally, transforming them into critical thinkers and accomplished learners. By fostering a strong partnership with families and community members, Storefront Academy instills a powerful sense of self in its students, empowering them to take charge of their futures and lead meaningful adult lives. The school's ultimate goal is to equip its pupils with the necessary tools to become well-rounded individuals, capable of making significant contributions to society.
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Impact
July, 2024
Storefront Academy Charter School has a significant impact on the community by providing children of varied academic strengths with quality educational opportunities. The school aims to prepare students academically, socially, and emotionally to become critical thinkers, high-achieving students, and well-rounded individuals. By working in partnership with families and community members, Storefront Academy instills a powerful sense of self in its students and equips them with the tools to shape their future and lead meaningful adult lives. The school served 349 students for the school year ended June 30, 2022, in Bronx, NY. Its mission is to offer a comprehensive education that empowers students to excel academically and develop into responsible, contributing members of society.
This information is meant to be a general summary of Storefront Academy Charter School. 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: $30
- Program Service Revenue: $9,096,816
- Gross Receipts: $9,908,266
Assets and Liabilities:
- Total Assets: $3,105,280
- Total Liabilities: $1,091,937
- Net Assets: $2,013,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER-PUPIL REVENUE
Revenue
$9,096,816
Organization Details
Founding Year
2014
Principal Officer
Justin Tolliver
Website
www.storefrontacademycs.orgNTEE Category
Code: B29 - Education
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