Overview
What is Regeneration Schools?
Regeneration Schools is a nonprofit organization situated in Chicago, Illinois, specifically at 110 E 61 STREET. Their primary mission is to revitalize struggling schools by implementing a college-prep and character-focused approach. Currently, they manage a network of schools across three CICS campuses in Chicago, benefiting from a workforce of 51 dedicated individuals. Regeneration Schools aim to enhance educational opportunities and foster character development within the Chicago community.
Official website here: www.regenerationschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Regeneration Schools has achieved an 88% score on Charity Navigator, indicating a solid level of accountability and financial health. The organization's high score reflects its strong governance practices, such as having a fully independent board and well-maintained financial statements, which are audited and transparent. This suggests a commitment to responsible management of resources.
The nonprofit demonstrates a robust program expense ratio of 69.72%, indicating that a significant portion of its funding is directed toward its mission-related activities. Additionally, the absence of any reported material diversion of assets further highlights the organization's integrity in financial dealings.
Despite these strengths, the organization does have a couple of areas that need improvement, notably the absence of a whistleblower policy and document retention protocols. Addressing these gaps could enhance their accountability framework and overall trustworthiness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Regeneration Schools legitimate?
Regeneration Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regeneration Schools 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: $877,085
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,282
For more financial information, click here
Official website here: www.regenerationschools.org
What is the mission statement of Regeneration Schools?
Regeneration Schools is a non-profit organization committed to revitalizing struggling schools. Their mission is centered around a college preparation and character development approach. By managing a network of schools, Regeneration Schools aims to breathe new life into failing educational institutions, promoting academic growth and moral development in their students. At present, they operate within a network of schools situated in Chicago, Illinois.
Official website here: www.regenerationschools.org
Who is the CEO of Regeneration Schools?
Stacey Shells Harvey is the Chairperson of Regeneration Schools. The CEO's salary of Regeneration Schools is $303,627 and their total compensation is $337,094.
Official website here: www.regenerationschools.org
What is the revenue of Regeneration Schools?
Regeneration Schools's revenue in 2023 was $3,115,158.
Official website here: www.regenerationschools.org
Who are the executives of Regeneration Schools and what are their salaries?
The average compensation at Regeneration Schools during 2023 was $28,027. There are 51 employees and 3 volunteers at Regeneration Schools.
Here are 8 key members and their salaries (Regeneration Schools's CEO's salary is $303,627 and their total compensation is $337,094):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $303,627
- Related: $0
- Other: $33,467
- Compensation: $166,181
- Related: $0
- Other: $12,678
- Compensation: $173,132
- Related: $0
- Other: $30,725
- Compensation: $129,291
- Related: $0
- Other: $27,984
- Compensation: $101,732
- Related: $0
- Other: $38,910
Official website here: www.regenerationschools.org
Where can I find the form 990 for Regeneration Schools?
Regeneration Schools's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.regenerationschools.org
Learn more at the official website: www.regenerationschools.org
Mission Statement of Regeneration Schools
Regeneration Schools, a non-profit organization, is committed to revitalizing failing schools by incorporating a college preparation and character-building mission. Their primary goal is to breathe new life into struggling educational institutions, and they currently oversee a network of schools in various locations. This organization is dedicated to transforming these schools into thriving learning environments, instilling in students the values and skills necessary for higher education and future success.
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Impact
July, 2024
Regeneration Schools has made a significant impact in revitalizing failing schools in Chicago, Illinois. By focusing on a college preparatory and character-driven mission, the organization has successfully managed a network of six schools on three CICS campuses. This approach has led to improved academic outcomes and created a positive learning environment for students in underserved communities. Regeneration Schools' dedication to school turnaround has positively affected the lives of many students and families, providing them with access to quality education and opportunities for a brighter future.
This information is meant to be a general summary of Regeneration Schools. 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 2023.
- Investment Income: $19
- Program Service Revenue: $2,387,447
- Gross Receipts: $3,115,158
Assets and Liabilities:
- Total Assets: $4,453,891
- Total Liabilities: $1,817,036
- Net Assets: $2,636,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$2,387,447
Organization Details
Founding Year
2015
Phone
(312) 550-2919Principal Officer
Stacey Shells Harvey
Main Address
110 E 61 STREET, CHICAGO, IL, 60637
Website
www.regenerationschools.orgNTEE Category
Code: B02 - Education
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