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The Friends Of King School

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

EIN: 510619611 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is The Friends Of King School?

The Friends of King School, based at 1617 Caffin Avenue in New Orleans, Louisiana (70117 ZIP code), is a nonprofit organization dedicated to providing quality education according to legal and contractual standards. Their mission is to foster an orderly, trusting environment conducive to innovative and exciting learning. Students are encouraged to reach their full potential in reading, writing, computation, and critical thinking. The organization, which employs 201 individuals, measures pupil progress towards stated goals and participates in pupil assessment as required by law, regulation, and BESE policy.


Official website here: www.drkingcharterschool.org

What are the reviews and ratings of this charity?

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

The Friends Of King School has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The charity's overall score is based solely on its financial metrics, indicating a strong focus on maintaining transparency and responsibility in its operations. With a fiscal year ending in 2023, the organization demonstrates solid governance practices, including an independent board comprised entirely of independent members.

Strengths highlighted in the evaluation include a high program expense ratio of 77.81%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. The organization also has robust policies in place, such as a conflict of interest policy and a whistleblower policy, which contribute to its accountability. Additionally, the absence of any material diversion of assets further reinforces the charity's credibility.

There are no major limitations noted in the data regarding The Friends Of King School. The organization appears to have a strong financial standing, with a liabilities to assets ratio of 28.53%, suggesting sound financial health. Overall, the ratings and feedback indicate that the charity effectively meets its mission while adhering to high standards of financial integrity.


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

Is The Friends Of King School legitimate?

The Friends Of King School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of King School 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: $671,486
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,764,344

For more financial information, click here


Official website here: www.drkingcharterschool.org

What is the mission statement of The Friends Of King School?

The Friends of King School are dedicated to establishing and preserving a nurturing and orderly atmosphere for effective teaching and dynamic learning. In this innovative and exciting environment, students are encouraged to reach their full potential in reading, writing, computation, and critical thinking skills. The school adheres to the educational standards set by law, charter contract, and application/proposal, regularly measuring pupil progress towards stated objectives. Additionally, pupil assessment is required by law, regulation, and the Board of Elementary and Secondary Education policy.


Official website here: www.drkingcharterschool.org

Who is the CEO of The Friends Of King School?

Dr Eartha Lee Johnson is the President of The Friends Of King School. The CEO's salary of The Friends Of King School is $166,021 and their total compensation is $166,608.


Official website here: www.drkingcharterschool.org

What is the revenue of The Friends Of King School?

The Friends Of King School's revenue in 2022 was $13,398,632.


Official website here: www.drkingcharterschool.org

Who are the executives of The Friends Of King School and what are their salaries?

The average compensation at The Friends Of King School during 2022 was $41,969. There are 201 employees at The Friends Of King School.


Here are 12 key members and their salaries (The Friends Of King School's CEO's salary is $166,021 and their total compensation is $166,608):


Dr Eartha Lee Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph C Long Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Rabb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbie Brent-Cornish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilda W Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Brock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velta Simms (Chief Executive Officer)
  • Compensation: $166,021
  • Related: $0
  • Other: $587
Rodney Lilley (Chief Financial Officer)
  • Compensation: $124,752
  • Related: $0
  • Other: $19,241
Dr Doris R Hicks (Chief Academic Officer)
  • Compensation: $192,379
  • Related: $0
  • Other: $12,221
Sylvia Ellison (Chief Operating Officer)
  • Compensation: $67,968
  • Related: $0
  • Other: $13,260
Lindsey Moore (Principal)
  • Compensation: $120,366
  • Related: $0
  • Other: $7,777


Official website here: www.drkingcharterschool.org

Where can I find the form 990 for The Friends Of King School?

The Friends Of King School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.drkingcharterschool.org

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

Mission Statement of The Friends Of King School

The Friends of King School is dedicated to cultivating an orderly and trusting atmosphere where education is both innovative and engaging. In this nurturing environment, students are encouraged to reach their full potential in reading, writing, computing, and critical thinking. The organization adheres to the educational standards set by law, the charter contract, and the charter application/proposal. The Friends of King School meticulously measures pupil progress towards established goals and actively participates in pupil assessments as required.

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Impact




October, 2024

The Friends Of King School significantly enhances the educational landscape by fostering an innovative and trusting environment conducive to effective teaching and learning. This organization commits to empowering students at the Dr. Martin Luther King Charter School for Science and Technology by ensuring they are equipped to read, write, compute, and think critically to reach their fullest potential.

By focusing on an orderly and supportive atmosphere, The Friends Of King School plays a crucial role in implementing educational standards and promoting student progress. This dedication is reflected in the robust curriculum and assessment practices that strive to meet both state and charter requirements. As a result, students benefit not only academically but also in building essential life skills that lay the foundation for their future success.

Their impact resonates throughout the New Orleans community by preparing generations of thoughtful, capable individuals ready to engage with the world around them.




This information is meant to be a general summary of The Friends Of King School. 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
$13,398,632 (2022)
Expenses
$13,409,766 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,884
  • Gross Receipts: $13,398,632

Assets and Liabilities:

  • Total Assets: $4,027,022
  • Total Liabilities: $1,363,462
  • Net Assets: $2,663,560

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Organization Details

Founding Year

2005

Principal Officer

Dr Eartha Lee Johnson

Main Address

1617 CAFFIN AVENUE, NEW ORLEANS, LA, 70117

NTEE Category

Code: B29 - Education

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