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The Raleigh School Inc

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

EIN: 560729351 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Raleigh School Inc?

The Raleigh School Inc, located at 1141 Raleigh School Drive, Raleigh, NC 27607, is a distinguished independent, co-educational day school. It caters to the educational needs of children from a young age, offering preschool classes for 138 children under five and further education from kindergarten through fifth grade for 265 students. With a dedicated team of 81 employees, the school's mission is to provide a nurturing environment that fosters academic growth and personal development for its students. Although specific details about their activities and mission are not provided in the information array, they are indicated to be available through their schedule.


Official website here: www.raleighschool.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

The Raleigh School Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a robust score of 96% in accountability and finance. This rating indicates a strong transparency and ethical management of funds, which is critical for donor trust. The organization has excelled in various aspects, including having a fully independent board and a comprehensive set of policies that demonstrate commitment to accountability.

Strengths highlighted include an impressive program expense ratio of 81.15%, suggesting that a significant portion of funds is directed towards its mission-driven activities. The organization has also maintained excellent practices regarding financial oversight, with no material diversions of assets reported and a structured approach to document retention and whistleblower protections. These factors contribute to its strong financial health, making it a reliable choice for potential donors.

While the data does not outline specific program impacts or community engagement, the solid financial practices and governance structure provide a strong foundation for the organization's operations. Potential supporters can feel confident that their contributions are being managed responsibly to benefit the intended causes.


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

Is The Raleigh School Inc legitimate?

The Raleigh School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Raleigh 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: $669,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,413,504

For more financial information, click here


Official website here: www.raleighschool.org

What is the mission statement of The Raleigh School Inc?

The Raleigh School Inc is an independent co-educational day school, catering to children from the age of 18 months up to fifth grade. Its primary activity involves providing preschool education for 138 children under five, and elementary schooling for 265 children in grades kindergarten through fifth grade. While the specific mission statement is not provided in the information, it can be inferred that the school's mission is to offer a quality educational environment that supports the holistic development of its young students.


Official website here: www.raleighschool.org

What is the revenue of The Raleigh School Inc?

The Raleigh School Inc's revenue in 2023 was $5,787,085.


Official website here: www.raleighschool.org

Who are the executives of The Raleigh School Inc and what are their salaries?

The average compensation at The Raleigh School Inc during 2023 was $42,235. There are 73 employees and 600 volunteers at The Raleigh School Inc.

Here are 18 key members and their salaries:


Randall Lague (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Jonczak (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ceglowski (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Banks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Royster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Almony (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Berard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Bashar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pradeep Mettu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Myers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Polge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasmin Sadiq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Weaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Banik (Head Of School)
  • Compensation: $255,072
  • Related: $0
  • Other: $34,253
Elizabeth Gilleland (Preschool Director)
  • Compensation: $100,435
  • Related: $0
  • Other: $20,983
Adam Sherland Starting 7122 (Elementary Director)
  • Compensation: $45,727
  • Related: $0
  • Other: $9,946
Heather Campbell (Director Of Finance & Operations)
  • Compensation: $107,717
  • Related: $0
  • Other: $23,255


Official website here: www.raleighschool.org

Where can I find the form 990 for The Raleigh School Inc?

The Raleigh School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.raleighschool.org

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

Mission Statement of The Raleigh School Inc

The Raleigh School Inc, an independent co-educational day school, is dedicated to serving children from the age of 18 months up to fifth grade. Its mission is to provide a nurturing environment where young learners can grow and develop, both academically and personally. The school offers preschool classes for 138 children under the age of five, and continues to educate 265 children in kindergarten through fifth grade. The Raleigh School Inc aims to foster a love for learning in each child, equipping them with the necessary skills for a successful academic journey.

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Impact




July, 2024

The impact of The Raleigh School Inc can be seen through its provision of preschool classes for 138 children under the age of five and kindergarten through fifth-grade schooling for 265 children. By offering quality education to children from 18 months through fifth grade, The Raleigh School is contributing positively to the development and growth of young minds in Raleigh, NC. Its commitment to providing an independent co-educational day school environment aligns with its mission to serve and educate children in a holistic manner.




This information is meant to be a general summary of The Raleigh 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.

Revenue
$5,787,085 (2023)
Expenses
$5,708,285 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $195,520
  • Program Service Revenue: $5,529,004
  • Gross Receipts: $15,506,952

Assets and Liabilities:

  • Total Assets: $12,576,083
  • Total Liabilities: $4,516,682
  • Net Assets: $8,059,401

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$5,082,303

AFTER SCHOOL CARE

Revenue

$179,285

REGISTRATION & FEES

Revenue

$123,550

CLUBS

Revenue

$102,537

SUMMER CAMP

Revenue

$41,119

Organization Details

Founding Year

1955

Principal Officer

Kelly Banik

NTEE Category

Code: B21Z - Education

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