Overview
What is Quality Education Institute?
The Quality Education Institute, located in Winston-Salem, North Carolina, is a nonprofit organization with a focus on daycare and education. During the fiscal year ending June 30, 2020, they served approximately 80 students directly. Additionally, they rented out space to Quality Education Academy Charter School, which educates around 553 students. The primary mission of the Quality Education Institute is to provide a comprehensive curriculum for children, aiming to foster their development into productive citizens. With a team of 17 dedicated individuals, the institute is committed to nurturing young minds and preparing them for their future roles in society.
Official website here: www.qeschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Quality Education Institute has received an 81% rating from Charity Navigator, indicating a solid commitment to accountability and financial management. The rating is based entirely on the Accountability & Finance score, which reflects the charity's transparency and governance practices. A three-star designation suggests that while the organization meets essential criteria, there may still be areas for improvement.
The institute demonstrates strong governance, with a fully independent board of directors and no material diversion of assets, showcasing effective oversight and ethical management. The organization has implemented key policies, including conflict of interest and whistleblower protections, further reinforcing its commitment to transparency. Additionally, it allocates a significant portion of its budget to its programs, with an impressive program expense ratio of 83.14%.
However, the summary does not provide insights into the charity's programmatic effectiveness or impact, which are critical factors for potential donors. While the financial metrics are commendable, the lack of detailed information on outcomes could limit potential supporters' understanding of the organization's overall performance and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Quality Education Institute legitimate?
Quality Education Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quality Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,699
For more financial information, click here
Official website here: www.qeschools.org
What is the mission statement of Quality Education Institute?
The Quality Education Institute, serving as a school, is dedicated to providing daycare and an educational curriculum for children. Their mission is to foster the development of children, aiming to cultivate more productive citizens in the future. The institution specializes in educating approximately 80 students annually, and in addition, rents space to the Quality Education Academy Charter School, which caters to around 553 students.
Official website here: www.qeschools.org
Who is the CEO of Quality Education Institute?
Jefferson Caruthers Jr is the Chairman of Quality Education Institute. The CEO's salary of Quality Education Institute is $0 and their total compensation is $79,281.
Official website here: www.qeschools.org
What is the revenue of Quality Education Institute?
Quality Education Institute's revenue in 2020 was $1,017,095.
Official website here: www.qeschools.org
Who are the executives of Quality Education Institute and what are their salaries?
The average compensation at Quality Education Institute during 2020 was $34,394. There are 17 employees and 20 volunteers at Quality Education Institute.
Here are 10 key members and their salaries (Quality Education Institute's CEO's salary is $0 and their total compensation is $79,281):
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- Related: $79,281
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Official website here: www.qeschools.org
Where can I find the form 990 for Quality Education Institute?
Quality Education Institute's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.qeschools.org
Learn more at the official website: www.qeschools.org
Mission Statement of Quality Education Institute
Quality Education Institute, as a specialized school, focuses on providing daycare services with an educational curriculum aimed at fostering a more productive citizen in children. Its mission is to shape young minds, preparing them for future success by offering a comprehensive education within a daycare setting. By doing so, Quality Education Institute seeks to contribute to the development of well-rounded individuals who can positively impact their communities. The institute provides daycare services to approximately 80 students annually, shaping their growth and development through its educational program. In addition to its own services, Quality Education Institute also rented space to Quality Education Academy Charter School, which served around 553 students during the same fiscal year. The collaboration between the two institutions further expands the educational opportunities for children, fostering a conducive learning environment and promoting holistic development.
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Impact
July, 2024
Quality Education Institute's impact is significant in Winston-Salem, NC, as it provides daycare and education services to approximately 80 students. Additionally, the institute rented space to Quality Education Academy Charter School, serving around 553 students. By offering an educational curriculum tailored to children's needs, Quality Education Institute contributes to fostering more productive citizens in the community.
This information is meant to be a general summary of Quality Education 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 2020.
- Investment Income: $5,236
- Program Service Revenue: $289,832
- Gross Receipts: $1,017,095
Assets and Liabilities:
- Total Assets: $2,541,923
- Total Liabilities: $814,697
- Net Assets: $1,727,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$209,000
TUITION & FEES
Revenue
$60,832
TRANSPORTATION
Revenue
$20,000
Organization Details
Founding Year
1992
Phone
(336) 744-7138Principal Officer
Jefferson Caruthers Jr
Main Address
5012 C LANSING DRIVE, WINSTONSALEM, NC, 27105
Website
www.qeschools.orgNTEE Category
Code: B24 - Education
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