Overview
What is The Blacksburg New School Inc?
The Blacksburg New School Inc, located at 2500 North Main Street, Blacksburg, VA 24060, is a private educational institution that caters to students from grades K-8. Established with a mission to foster academic and civic excellence, individual and community responsibility, and a love for learning, this school offers a stimulating and creative learning environment. Additionally, it provides after-school programs, childcare, and summer educational opportunities through its Summer Scholars program. The Blacksburg New School Inc employs a team of 26 individuals, all dedicated to serving the needs of its students, teachers, and parents in a cooperative educational setting.
Official website here: www.blacksburgnewschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
The Blacksburg New School Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting an overall score of 73%. The organization demonstrates strong governance with 100% independent board members and a high program expense ratio of 93.60%, indicating efficient use of funds directly towards its mission. Additionally, there are no reported material diversions of assets, reinforcing its financial integrity.
However, the organization faces some limitations regarding its accountability practices. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which could impact its operational transparency. While it has strong practices in other areas, such as maintaining board meeting minutes and lists on its tax form, the absence of these important policies suggests room for improvement in governance practices.
Overall, while The Blacksburg New School Inc shows promise in its financial management and governance by its independent board, the identified weaknesses in accountability policies highlight areas that need attention to bolster its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Blacksburg New School Inc legitimate?
The Blacksburg New School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Blacksburg New School Inc 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: $23,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $681,687
For more financial information, click here
Official website here: www.blacksburgnewschool.org
What is the mission statement of The Blacksburg New School Inc?
The Blacksburg New School Inc's mission is centered around serving its students, teachers, and parents. It aims to provide a cooperative educational environment that fosters academic and civic excellence. The school is committed to instilling individual and community responsibility and nurturing a love for learning. The Blacksburg New School Inc strives to create a stimulating and creative environment for its K-8 students and offers additional services such as after-school programs and summer scholars/education programs.
Official website here: www.blacksburgnewschool.org
Who is the CEO of The Blacksburg New School Inc?
Kiyah Duffey is the President of The Blacksburg New School Inc.
Official website here: www.blacksburgnewschool.org
What is the revenue of The Blacksburg New School Inc?
The Blacksburg New School Inc's revenue in 2022 was $1,317,374.
Official website here: www.blacksburgnewschool.org
Who are the executives of The Blacksburg New School Inc and what are their salaries?
The average compensation at The Blacksburg New School Inc during 2022 was $27,120. There are 26 employees and 125 volunteers at The Blacksburg New School Inc.
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Official website here: www.blacksburgnewschool.org
Where can I find the form 990 for The Blacksburg New School Inc?
The Blacksburg New School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blacksburgnewschool.org
Learn more at the official website: www.blacksburgnewschool.org
Mission Statement of The Blacksburg New School Inc
The Blacksburg New School Inc, a private institution, is dedicated to serving its students, teachers, and parents by establishing a cooperative educational environment. Their mission is centered around promoting academic and civic excellence, fostering individual and community responsibility, and nurturing a love for learning. The school is committed to providing a stimulating and creative atmosphere that encourages growth and development in its K-8 students. Beyond the classroom, The Blacksburg New School Inc also offers after-school programs and childcare services, as well as summer scholars and summer education programs, ensuring that learning continues beyond the school year.
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Impact
July, 2024
The Blacksburg New School Inc's impact can be seen through its dedication to providing a cooperative educational environment that fosters academic and civic excellence, individual and community responsibility, and a love of learning. By offering K-8 education in a stimulating and creative setting, the school serves its students, teachers, and parents in the city of Blacksburg, VA. Through its after-school programs, child care services, and summer education initiatives, The Blacksburg New School Inc plays a vital role in shaping the intellectual and personal development of young learners within its community.
This information is meant to be a general summary of The Blacksburg New School Inc. 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: $200
- Program Service Revenue: $945,122
- Gross Receipts: $1,317,374
Assets and Liabilities:
- Total Assets: $2,059,607
- Total Liabilities: $464,287
- Net Assets: $1,595,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES, NET
Revenue
$824,801
SUMMER SCHOLARS PROGRAM
Revenue
$65,636
AFTER-SCHOOL PROGRAM
Revenue
$54,685
Organization Details
Founding Year
1971
Phone
(540) 552-6693Principal Officer
Kiyah Duffey
Main Address
2500 NORTH MAIN STREET, BLACKSBURG, VA, 24060
Website
www.blacksburgnewschool.orgNTEE Category
Code: B24Z - Education
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