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Empowerment Academy Charter School Inc

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

EIN: 472329333 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Empowerment Academy Charter School Inc?

Empowerment Academy Charter School Inc, located at 240 EGE Avenue in Jersey City, New Jersey (07304), is a dedicated nonprofit institution. With a team of 235 employees, they are focused on providing children with brighter prospects through the nurturing of essential values, skills, knowledge, and character. Their mission is to equip students with the necessary tools to succeed in school, college, and their future careers, ultimately leading to happy and productive lives.


Official website here: www.empacad.org

What are the reviews and ratings of this charity?

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

Empowerment Academy Charter School Inc has received a Four-Star rating from Charity Navigator, reflecting a strong performance particularly in the area of accountability and finance. The organization scored 100% on accountability metrics, indicating a high level of transparency and responsible governance practices, which are essential in fostering trust with stakeholders.

The nonprofit boasts an entirely independent board of directors, ensuring that governance is free from conflicts of interest. Furthermore, the organization maintains comprehensive financial oversight, demonstrated by its effective audit and oversight committee and strong financial ratios, such as an impressive program expense ratio of 85.52%. This highlights the organization’s commitment to allocating resources effectively towards its mission.

Despite the positive evaluation, potential donors and supporters may want to continuously monitor the organization for any changes in governance or financial practices. Overall, Empowerment Academy Charter School Inc stands out for its robust accountability measures and dedication to financial integrity, making it a trustworthy choice for philanthropic support.


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

Is Empowerment Academy Charter School Inc legitimate?

Empowerment Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowerment Academy Charter School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,805,443

For more financial information, click here


Official website here: www.empacad.org

What is the mission statement of Empowerment Academy Charter School Inc?

The Empowerment Academy Charter School is dedicated to enhancing the prospects of children. Through its mission, the school aims to instill essential values, abilities, knowledge, confidence, and character in students, preparing them for academic, college, and professional achievements. This commitment extends beyond academic success, as the school strives to help students lead happy, contributory lives.


Official website here: www.empacad.org

Who is the CEO of Empowerment Academy Charter School Inc?

Richard Raschdorf is the Trustee of Empowerment Academy Charter School Inc.


Official website here: www.empacad.org

What is the revenue of Empowerment Academy Charter School Inc?

Empowerment Academy Charter School Inc's revenue in 2022 was $18,995,847.


Official website here: www.empacad.org

Who are the executives of Empowerment Academy Charter School Inc and what are their salaries?

The average compensation at Empowerment Academy Charter School Inc during 2022 was $37,470. There are 235 employees at Empowerment Academy Charter School Inc.


Here are 9 key members and their salaries:


Monica Quiroga Zaslower (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jermaine Pharmes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gallagher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Sobel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ozorzalek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dami Kabiawu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sapreet Saluja (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Gigl (Key Employee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Raschdorf (Business Admin)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.empacad.org

Where can I find the form 990 for Empowerment Academy Charter School Inc?

Empowerment Academy Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.empacad.org

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

Mission Statement of Empowerment Academy Charter School Inc

Empowerment Academy Charter School, a dedicated institution, is firmly committed to brighter prospects for children. Through its mission, the organization strives to instill essential values, skills, knowledge, confidence, and character in students. By doing so, Empowerment Academy Charter School empowers its pupils to thrive in their academic pursuits, prepare for higher education, and succeed in their future careers. The ultimate goal is to foster happy, contributing members of society.

The educational journey at Empowerment Academy Charter School is designed to shape well-rounded individuals. The institution is invested in cultivating a strong foundation of values and morals, which will serve as the backbone for students' success. The focus on skills, knowledge, and character development equips students with the necessary tools to excel in various aspects of their lives.

Moreover, Empowerment Academy Charter School's unwavering commitment to its students' well-being extends beyond the classroom. The organization's mission is not just about academic achievement; it's about nurturing future leaders and lifelong learners. By providing a supportive and inclusive environment, Empowerment Academy Charter School fosters an atmosphere where students can grow, learn, and flourish.

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Impact




October, 2024

Empowerment Academy Charter School Inc plays a pivotal role in shaping the futures of its students in Jersey City, NJ. By focusing on the development of essential values, skills, and knowledge, the academy empowers students to build confidence and character. This comprehensive approach not only enhances their academic performance but also prepares them for success in college and their future careers.

The school's commitment to brighter prospects for children translates into a holistic educational experience that fosters a positive and contributory life. Through its dedicated programs, Empowerment Academy equips students with the tools they need to navigate their educational journeys and thrive in increasingly complex environments, ultimately leading to impactful and successful lives.




This information is meant to be a general summary of Empowerment Academy Charter School 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
$18,995,847 (2022)
Expenses
$17,897,323 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $880
  • Gross Receipts: $18,995,847

Assets and Liabilities:

  • Total Assets: $6,681,057
  • Total Liabilities: $1,132,503
  • Net Assets: $5,548,554

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Programs

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

FOOD SERVICE PROGRAM

Revenue

$880

Organization Details

Founding Year

2015

Principal Officer

Richard Raschdorf

Main Address

240 EGE AVENUE, Jersey City, NJ, 07304

NTEE Category

Code: B20 - Education

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