Overview
What is Corporation For Educational Partnerships?
Corporation for Educational Partnerships is a nonprofit organization situated in Holly Springs, North Carolina. Their primary mission is the operation of a public charter school, named Southern Wake Academy, which serves approximately 775 students. This educational institution operates under their auspices, contributing to the local community. As of the fiscal year ending on June 30, 2022, the organization employs 124 individuals, demonstrating their commitment to providing quality education.
Official website here: www.southernwakeacademy.org
What are the reviews and ratings of this charity?
**Rating: 73% (Two-Star out of Four Star Rating) - Charity Navigator**
The Corporation for Educational Partnerships has received a moderate score of 73% based solely on its Accountability & Finance metrics. This indicates an organization that meets some standards for financial transparency but has areas needing improvement, particularly in governance practices such as missing whistleblower and document retention policies.
One of its strengths includes having an entirely independent board, which promotes transparency and reduces potential conflicts of interest. Additionally, the charity demonstrates solid financial management with a high program expense ratio, indicating that a significant portion of its budget is allocated to its programs rather than administrative costs. However, its liabilities to assets ratio raises concerns, suggesting potential financial stability issues that could affect its operations.
Unfortunately, there are no user reviews available from GreatNonprofits, limiting community feedback on the organization’s effectiveness and impact from those directly engaged with its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Corporation For Educational Partnerships legitimate?
Corporation For Educational Partnerships is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation For Educational Partnerships 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: $213,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,379,367
For more financial information, click here
Official website here: www.southernwakeacademy.org
What is the mission statement of Corporation For Educational Partnerships?
The Corporation for Educational Partnerships is dedicated to operating a public charter school. Specifically, their mission involves serving students through the operation of a public charter school in Holly Springs, North Carolina. During the fiscal year ending on June 30, 2022, they catered to approximately 775 students. While the information provided does not specify the educational objectives or values, it can be inferred that their mission revolves around providing quality education to the enrolled students within the context of a public charter school.
Official website here: www.southernwakeacademy.org
Who is the CEO of Corporation For Educational Partnerships?
Robin Henderson is the President of Corporation For Educational Partnerships.
Official website here: www.southernwakeacademy.org
What is the revenue of Corporation For Educational Partnerships?
Corporation For Educational Partnerships's revenue in 2022 was $8,537,443.
Official website here: www.southernwakeacademy.org
Who are the executives of Corporation For Educational Partnerships and what are their salaries?
The average compensation at Corporation For Educational Partnerships during 2022 was $37,035. There are 124 employees and 5 volunteers at Corporation For Educational Partnerships.
Here are 6 key members and their salaries:
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- Compensation: $43,645
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Official website here: www.southernwakeacademy.org
Where can I find the form 990 for Corporation For Educational Partnerships?
Corporation For Educational Partnerships's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southernwakeacademy.org
Learn more at the official website: www.southernwakeacademy.org
Mission Statement of Corporation For Educational Partnerships
The Corporation for Educational Partnerships, as outlined, is dedicated to the operation of a public charter school. Specifically, its mission involves serving approximately 775 students in an educational setting. This mission is carried out in the fiscal year ending on June 30, 2022, and the location of this school is not provided in the given information. The Corporation for Educational Partnerships plays a significant role in the education sector, providing a learning environment for its students. The organization's commitment to education is evident in its operation of a public charter school, which is a testament to its dedication to fostering knowledge and learning.
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Impact
July, 2024
Corporation For Educational Partnerships operates a public charter school in Holly Springs, North Carolina, serving approximately 775 students. The organization's impact lies in providing educational opportunities to students in the community, contributing to their academic growth and overall development. By fulfilling its mission to operate a public charter school, Corporation For Educational Partnerships plays a vital role in the education sector, particularly in the Holly Springs area.
This information is meant to be a general summary of Corporation For Educational Partnerships. 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: $80
- Program Service Revenue: $8,084,883
- Gross Receipts: $8,537,443
Assets and Liabilities:
- Total Assets: $15,164,109
- Total Liabilities: $22,288,795
- Net Assets: -$7,124,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE OF NC
Revenue
$5,750,419
TOTAL COUNTY FUNDS
Revenue
$1,769,961
SCHOOL PROGRAMS & ACTIVITIES
Revenue
$564,503
Organization Details
Founding Year
1999
Phone
(919) 567-9955Principal Officer
Robin Henderson
Main Address
5108 OLD POWELL ROAD, HOLLY SPRINGS, NC, 27540
Website
www.southernwakeacademy.orgNTEE Category
Code: B25 - Education
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