Overview
What is The Jacob Tome Institute?
The Jacob Tome Institute is a nonprofit organization primarily focused on education, extending its services from kindergarten to 12th grade. Although limited information is available, it seems that their mission is not explicitly described in the provided data. The description suggests that the Institute may have certain limitations for unregistered users, implying the existence of a registration process for accessing more detailed information.
Official website here: www.tomeschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
The Jacob Tome Institute has received an 81% rating, which reflects strong accountability and finance practices. The score is based solely on metrics that emphasize transparency and ethical governance, indicating that the organization adheres to high standards in its financial operations.
Strengths highlighted include a completely independent board with no conflicts of interest, as well as effective policies in place for whistleblower protection and document retention. Furthermore, the organization allocates a significant portion of its resources to its programs, with an impressive program expense ratio of 97.65%, suggesting that funds are effectively used to further its mission.
While the organization shows commendable financial oversight, the single beacon score may limit the overall assessment of its impact and effectiveness in mission delivery. The absence of additional evaluation metrics means stakeholders should consider seeking further information on program outcomes and community impact to gain a complete picture of the organization’s effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Jacob Tome Institute legitimate?
The Jacob Tome Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jacob Tome Institute 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: $222,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,336,003
For more financial information, click here
Official website here: www.tomeschool.org
What is the mission statement of The Jacob Tome Institute?
The Jacob Tome Institute's mission is centered around education, focusing on students from kindergarten through 12th grade. Although the provided information is limited, it suggests that the institution aims to provide quality education to its students. However, without further details, the specific goals or objectives of the institute in delivering this education remain unclear. It's important to note that the data provided does not include any information about the institute's broader goals or its commitment to any particular values or causes. Therefore, a comprehensive mission statement cannot be accurately summarized based on the provided data.
Official website here: www.tomeschool.org
Who is the CEO of The Jacob Tome Institute?
Thomas L Kemp is the Headmaster of The Jacob Tome Institute.
Official website here: www.tomeschool.org
What is the revenue of The Jacob Tome Institute?
The Jacob Tome Institute's revenue in 2023 was $3,996,118.
Official website here: www.tomeschool.org
Who are the executives of The Jacob Tome Institute and what are their salaries?
The average compensation at The Jacob Tome Institute during 2023 was $47,380. There are 54 employees at The Jacob Tome Institute.
Here are 10 key members and their salaries:
- Compensation: $118,739
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- Other: $0
- Compensation: $103,752
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Official website here: www.tomeschool.org
Where can I find the form 990 for The Jacob Tome Institute?
The Jacob Tome Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tomeschool.org
Learn more at the official website: www.tomeschool.org
Mission Statement of The Jacob Tome Institute
The Jacob Tome Institute is dedicated to providing education services, encompassing kindergarten through 12th grade. Its mission is to provide a nurturing and comprehensive learning environment for students, aiming to support their academic growth and development. The organization strives to equip its students with the necessary skills and knowledge to navigate their educational journey and prepare for their future. Although the provided information is limited, it is clear that The Jacob Tome Institute is committed to providing quality education, focusing on the development of its students from kindergarten to high school.
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Impact
July, 2024
The Jacob Tome Institute has a significant impact as a kindergarten through 12th-grade school in North East, MD. It provides quality education to students and contributes positively to the community through its focus on educational excellence. By preparing students for academic success and personal growth, the institute plays a vital role in shaping the future leaders of tomorrow.
This information is meant to be a general summary of The Jacob Tome Institute. 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: $252,516
- Program Service Revenue: $3,621,533
- Gross Receipts: $4,308,954
Assets and Liabilities:
- Total Assets: $20,910,210
- Total Liabilities: $1,522,251
- Net Assets: $19,387,959
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,513,077
OTHER TUITION INCOME
Revenue
$96,926
SUMMER CAMPS
Revenue
$11,530
Organization Details
Founding Year
1889
Phone
(410) 287-2050Principal Officer
Thomas L Kemp
Main Address
581 SOUTH MARYLAND AVENUE, NORTH EAST, MD, 219011514
Website
www.tomeschool.orgNTEE Category
Code: B24 - Education
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