Overview
What is Triangle Education Foundation?
Triangle Education Foundation is a nonprofit organization with an essential mission: supporting the operation of a public charter school named Pine Springs Preparatory Academy. Situated in Holly Springs, North Carolina, the school serves approximately 1,086 students annually during the fiscal year. As part of its mission, the academy offers educational opportunities to its students, contributing positively to the local community. The foundation's role in this endeavor is not specified in the provided data.
Official website here: www.pspa.teamcfa.school
What are the reviews and ratings of this charity?
The Triangle Education Foundation has received a "Good" rating from Charity Navigator, with an overall score of 79%, earning it a Three-Star out of Four Star rating. This score reflects the foundation's strong accountability and finance practices, as the evaluation focused solely on this aspect. Key strengths in the foundation’s financial health include having an independent board, solid financial audits, and maintaining important governance policies.
The foundation excels in transparency, fulfilling criteria such as having independent board members and a conflict of interest policy. However, it falls short by not posting tax forms on its website and other minor website-related oversight. A notable concern is the liabilities to assets ratio of 92.38%, which indicates potential financial vulnerability despite a commendable program expense ratio of over 70%.
Currently, no user reviews from GreatNonprofits are available, so public perceptions from stakeholders are not represented. The absence of data on Impact & Measurement, Culture & Community, and Leadership & Adaptability in Charity Navigator’s assessment suggests areas where further insight or improvements in public reporting could enhance the foundation’s profile.
This AI summary has been generated from information found on Charity Navigator.
Is Triangle Education Foundation legitimate?
Triangle Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle 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: $94,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,390,697
For more financial information, click here
Official website here: www.pspa.teamcfa.school
What is the mission statement of Triangle Education Foundation?
The Triangle Education Foundation's mission is centered around operating a public charter school. Specifically, this is carried out by Pine Springs Preparatory Academy, which serves approximately 1,086 students annually. The foundation's efforts during the 2021-2022 fiscal year were focused on this mission. The school, located in Holly Springs, NC, is a key part of the foundation's activities, contributing to the education of numerous students.
Official website here: www.pspa.teamcfa.school
Who is the CEO of Triangle Education Foundation?
Shea Maliszewski is the Board Chair of Triangle Education Foundation.
Official website here: www.pspa.teamcfa.school
What is the revenue of Triangle Education Foundation?
Triangle Education Foundation's revenue in 2022 was $11,437,237.
Official website here: www.pspa.teamcfa.school
Who are the executives of Triangle Education Foundation and what are their salaries?
The average compensation at Triangle Education Foundation during 2022 was $46,243. There are 97 employees and 8 volunteers at Triangle Education Foundation.
Here are 9 key members and their salaries:
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- Compensation: $94,834
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Official website here: www.pspa.teamcfa.school
Where can I find the form 990 for Triangle Education Foundation?
Triangle Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pspa.teamcfa.school
Learn more at the official website: www.pspa.teamcfa.school
Mission Statement of Triangle Education Foundation
Triangle Education Foundation, as an organization, is dedicated to operating a public charter school. Specifically, Pine Springs Preparatory Academy, located in Holly Springs, NC, is the entity through which this mission is carried out. During the 2021-2022 fiscal year, the school served approximately 1,086 students, demonstrating the foundation's commitment to education and its impact within the community. The operation of this public charter school forms a significant part of Triangle Education Foundation's mission.
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Impact
July, 2024
Triangle Education Foundation's impact is significant as it operates Pine Springs Preparatory Academy, a public charter school in Holly Springs, NC. During the 2021-2022 fiscal year, the school served around 1,086 students as part of its mission to provide quality education. By offering educational opportunities to a diverse student population, Triangle Education Foundation contributes to the growth and development of the community through its focus on education.
This information is meant to be a general summary of Triangle 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $678
- Program Service Revenue: $10,278,374
- Gross Receipts: $11,437,237
Assets and Liabilities:
- Total Assets: $38,991,074
- Total Liabilities: $36,270,883
- Net Assets: $2,720,191
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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
$6,851,290
COUNTY FUNDS
Revenue
$3,348,732
SCHOOL PROGRAMS & ACTIVITIES
Revenue
$62,752
RENTAL OF SCHOOL PROPERTY
Revenue
$15,600
Organization Details
Founding Year
2016
Phone
(919) 439-9448Principal Officer
Shea Maliszewski
Main Address
220 ROSEWOOD CENTRE DRIVE, HOLLY SPRINGS, NC, 27540
Website
www.pspa.teamcfa.schoolNTEE Category
Code: B29 - Education
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