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Saga Innovations Inc

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

EIN: 472168942 ✦ Framingham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Saga Innovations Inc?

Saga Innovations Inc, a Boston-based nonprofit organization, is dedicated to revolutionizing public education in the United States. Their mission focuses on expanding the implementation of high-dosage, intensive daily tutoring in schools, making it a scheduled class period for students. They partner with district public schools to provide individualized instruction to small groups of two students at a time, ensuring each student receives tailored attention from a qualified and engaging tutor. In the 2022 fiscal year, Saga Innovations broadened its reach in cities like New York, Chicago, Washington D.C., Broward County Florida, Charleston, and Providence School Systems, enhancing their service scope. (Word count: 119)


Official website here: www.sagaeducation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Stars .ating.

Saga Innovations Inc has achieved a perfect score of 100% from Charity Navigator, indicating exceptional accountability and financial practices. The organization demonstrates strong governance with a fully independent board and comprehensive oversight protocols. Key financial ratios show high program expenses and efficient fundraising, reflecting a commitment to maximizing resources for their mission.

Despite this impressive rating, user feedback from volunteers presents a contrasting view. A reviewer expressed disappointment regarding the organization's focus during the interview process for a tutoring position, criticizing the lack of emphasis on mathematics and the perceived disinterest from management in fostering enthusiasm for the subject. The reviewer raised concerns about the effectiveness of their educational approach, suggesting that it may perpetuate existing issues in K-12 mathematics education.

Overall, while Saga Innovations Inc is recognized for its robust financial health and accountability, there are critical perspectives on its educational practices and engagement strategies that potential volunteers and supporters may want to consider.


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

What do the Facebook reviews say about Saga Innovations Inc?

84% of reviewers on Facebook recommend Saga Innovations Inc. Here's an overview of their comments:

The organization is praised for its impactful programs targeted at children in low-income communities, highlighting a strong commitment to making a positive difference. Many users express admiration for the support and opportunities being provided to these young individuals, indicating that the nonprofit is effectively addressing a critical need.

Overall, the sentiment towards Saga Innovations Inc. is positive, with supporters appreciating its dedication to uplifting disadvantaged kids and making a tangible impact in their lives.


This AI summary has been generated from reviews found on Facebook.

Is Saga Innovations Inc legitimate?

Saga Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saga Innovations 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: $1,092,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,206,117

For more financial information, click here


Official website here: www.sagaeducation.org

What is the mission statement of Saga Innovations Inc?

Saga Innovations is a non-profit organization committed to revolutionizing public education in the United States. They champion the expansion of a nationally recognized innovation: high-dosage, intensive daily tutoring. This tutoring model integrates into the regular school day, allowing students to receive personalized instruction from engaging tutors. The organization focuses on collaborating with district public schools to offer this opportunity to students, tailoring instruction to the needs of two students at a time. In the fiscal year 2022, Saga Innovations broadened its reach and impact in New York, Chicago, Washington D.C., Broward County Florida, Charleston, and Providence school systems while expanding the scope of its services.


Official website here: www.sagaeducation.org

Who is the CEO of Saga Innovations Inc?

Monivett Acevedo is the Ceo & Chair of Saga Innovations Inc. The CEO's salary of Saga Innovations Inc is $175,089 and their total compensation is $181,996.


Official website here: www.sagaeducation.org

What is the revenue of Saga Innovations Inc?

Saga Innovations Inc's revenue in 2022 was $39,236,690.


Official website here: www.sagaeducation.org

Who are the executives of Saga Innovations Inc and what are their salaries?

The average compensation at Saga Innovations Inc during 2022 was $26,196. There are 584 employees and 10 volunteers at Saga Innovations Inc.


Here are 22 key members and their salaries (Saga Innovations Inc's CEO's salary is $175,089 and their total compensation is $181,996):


Alan Safran (Ceo & Chair)
  • Compensation: $175,089
  • Related: $0
  • Other: $6,907
Antonio Gutierrez (Vp, Vp Market, & Vice Chair)
  • Compensation: $130,030
  • Related: $0
  • Other: $4,929
Meredith Liu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Taillefer (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Luckett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Reid (Director (Until 3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Cortez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Lee Haines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kassie Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karine Apollon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Dukes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Dupuis (Coo)
  • Compensation: $146,596
  • Related: $0
  • Other: $3,378
Krista Marks (Chief Product Officer)
  • Compensation: $127,086
  • Related: $0
  • Other: $2,767
Monivett Acevedo (Cfo)
  • Compensation: $103,764
  • Related: $0
  • Other: $6,042
Tiffani Bibb (Cpco)
  • Compensation: $92,453
  • Related: $0
  • Other: $6,903
Jeffrey Ward (Principal Software Enginee)
  • Compensation: $132,600
  • Related: $0
  • Other: $14,586
Thomas Fischaber (Vp Technical Operations)
  • Compensation: $132,600
  • Related: $0
  • Other: $14,586
Sean Kelly (Vp Engineering)
  • Compensation: $132,600
  • Related: $0
  • Other: $14,586
R Brent Milne (Vp Product R&D)
  • Compensation: $132,600
  • Related: $0
  • Other: $14,586
Mark Kruger (Vp Design)
  • Compensation: $122,400
  • Related: $0
  • Other: $13,464


Official website here: www.sagaeducation.org

Where can I find the form 990 for Saga Innovations Inc?

Saga Innovations Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sagaeducation.org

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

Mission Statement of Saga Innovations Inc

Saga Innovations, a renowned nonprofit organization, is on a mission to revolutionize American public education. Based on their commitment to expanding the nationally recognized innovation of high-dosage, intensive daily tutoring, Saga drives the integration of tutoring as a scheduled class period within the regular school day.

The dedicated team at Saga Innovations is focused on transforming public education by implementing high-impact tutoring programs. By partnering with district public schools, they offer students the valuable opportunity to work closely with engaged and qualified tutors, who tailor instruction to meet the unique needs of two students at a time.

In the 2022 fiscal year, Saga Innovations continued to expand its programs and initiatives in New York, Chicago, Washington D.C., Broward County Florida, Charleston, and Providence School Systems. As they broaden their service scope, they remain firmly committed to their mission of revolutionizing public education through the implementation of high-dosage, intensive daily tutoring. These efforts aim to provide students with the individualized attention and support they need to succeed in their academic endeavors.

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Impact




October, 2024

Saga Innovations Inc has a transformative impact on American public education through its commitment to high-dosage, intensive daily tutoring. This innovative approach integrates tutoring into the regular school day, providing students with tailored support from qualified tutors in a focused, two-to-one setting. By partnering with district public schools in various cities, including New York, Chicago, Washington DC, Broward County Florida, Charleston, and Providence, Saga Innovations is effectively addressing educational disparities and enhancing student learning outcomes.

The organization’s model not only improves academic performance but also fosters a supportive learning environment that engages students in their education. This targeted intervention helps meet the unique needs of students, ensuring that they receive personalized attention that is often lacking in traditional classroom settings. As a result, Saga Innovations is making significant strides in redefining educational practices and offering effective solutions to the challenges faced by public education systems across the country.




This information is meant to be a general summary of Saga Innovations 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.

Revenue
$39,236,690 (2022)
Expenses
$21,415,589 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,635
  • Program Service Revenue: $7,837,789
  • Gross Receipts: $39,236,690

Assets and Liabilities:

  • Total Assets: $30,229,601
  • Total Liabilities: $778,710
  • Net Assets: $29,450,891

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Programs

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

PROGRAM SERVICE FEES

Revenue

$7,837,789

Organization Details

Founding Year

2014

Principal Officer

Monivett Acevedo

Main Address

13 HICKORY HILL LANE, FRAMINGHAM, MA, 01702

NTEE Category

Code: B90 - Education

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