Overview
What is Shift Education?
Shift Education is a nonprofit organization based in Jamestown, North Carolina, with a postal address. The organization primarily relies on local grants for its funding and utilizes this revenue to provide last dollar scholarships to local students. Shift Education's mission is to accelerate student potential and transform communities by creating diverse educational and workforce pathways. With a small team of eight dedicated individuals, Shift Education is committed to making a significant impact on the lives of students and the community at large.
Official website here: www.shift-ed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Shift Education has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and impact measurement. The organization excels particularly in its impact evaluation, achieving a perfect score of 100, indicating effective assessment methods for its programs. With a program expense ratio of 99.92%, the organization demonstrates a clear commitment to utilizing funds directly for its mission.
One of the key strengths of Shift Education is its ability to significantly increase income for scholarship recipients, yielding more than $1.25 for every dollar invested. This impressive return on investment showcases the tangible benefits of its educational initiatives, further enhancing the organization's reputation as an impactful nonprofit.
While the organization has a solid working capital ratio of 0.82 years, which suggests some liquidity concerns, the overall financial accountability and operational effectiveness are strong. The high scores in both accountability and impact metrics highlight Shift Education's dedication to transparent practices and meaningful outcomes for its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Shift Education legitimate?
Shift Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shift Education 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: $138,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,256
For more financial information, click here
Official website here: www.shift-ed.org
What is the mission statement of Shift Education?
Shift Education is dedicated to accelerating student potential in a bold manner. They achieve this by creating diverse educational and workforce pathways, ultimately transforming communities. The organization receives revenue from local grants specifically allocated to their organization, and they distribute tuition assistance for last-dollar scholarships to local students.
Official website here: www.shift-ed.org
Who is the CEO of Shift Education?
Wendy Poteat is the Ceo/Presiden of Shift Education. The CEO's salary of Shift Education is $138,894 and their total compensation is $138,894.
Official website here: www.shift-ed.org
What is the revenue of Shift Education?
Shift Education's revenue in 2021 was $2,547,055.
Official website here: www.shift-ed.org
Who are the executives of Shift Education and what are their salaries?
The average compensation at Shift Education during 2021 was $68,394. There are 8 employees and 100 volunteers at Shift Education.
Here are 28 key members and their salaries (Shift Education's CEO's salary is $138,894 and their total compensation is $138,894):
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Official website here: www.shift-ed.org
Where can I find the form 990 for Shift Education?
Shift Education's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.shift-ed.org
Learn more at the official website: www.shift-ed.org
Mission Statement of Shift Education
Shift Education, a nonprofit organization, is committed to boldly accelerating student potential. Their mission is to create diverse educational and workforce pathways, aiming to transform communities. By providing tailored financial assistance through last dollar scholarships, Shift Education empowers local students to pursue their academic goals and future careers, thereby contributing to the betterment of their communities.
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Impact
July, 2024
Shift Education's impact is felt in the community through its commitment to boldly accelerating student potential. By creating diverse educational and workforce pathways, Shift Education is transforming communities and providing tuition assistance to local students through last dollar scholarships. This organization is making a tangible difference in Jamestown, NC, by empowering students and opening doors to future opportunities.
This information is meant to be a general summary of Shift Education. 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 2021.
- Investment Income: $10,408
- Program Service Revenue: $13,750
- Gross Receipts: $2,547,055
Assets and Liabilities:
- Total Assets: $1,453,178
- Total Liabilities: -$1,106
- Net Assets: $1,454,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
1ST GEN AMBASSADOR PROGRAM
Revenue
$13,750
Organization Details
Founding Year
2015
Phone
(336) 814-2233Principal Officer
Wendy Poteat
Main Address
PO BOX 309, JAMESTOWN, NC, 27282
Website
www.shift-ed.orgNTEE Category
Code: B82 - Education
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