Charleston Collegiate School

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

EIN: 570524957 ✦ Johns island, SC ✦ Designated as a 501(c)(3)

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Overview

What is Charleston Collegiate School?

Charleston Collegiate School is a co-educational, nonsectarian institution situated in the metropolitan area of Johns Island, South Carolina. The school, which was originally named Sea Island Academy, was established in 1970 to cater to families seeking quality education. With a faculty of 74, Charleston Collegiate School provides education from preschool to 12th grade, dividing its students into lower, middle, and upper school sections. The school's mission is to inspire students to become passionate, lifelong learners. It achieves this by empowering them with knowledge, creativity, curiosity, and confidence to mindfully embrace opportunities in the future. The school, situated only twenty minutes from Charleston's historic district and Kiawah Island, offers a 30-acre campus for students to explore and play.


Official website here: www.charlestoncollegiate.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)

Charleston Collegiate School has earned an 88% score on Charity Navigator, reflecting a solid level of accountability and financial health. The organization boasts a fully independent board, demonstrating strong governance practices. Its financial statements are well managed, with no material diversion of assets, and a favorable liabilities to assets ratio.

However, there are some areas for improvement noted in the evaluation. The school lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and operational integrity. Additionally, important documents, such as the tax form, are not posted on the nonprofit's website, which may limit public access to relevant information.

Despite these limitations, the high program expense ratio of 86.55% indicates that a significant portion of resources is allocated towards fulfilling its mission. Overall, Charleston Collegiate School shows a positive commitment to accountability while needing to address certain governance policies.


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

Is Charleston Collegiate School legitimate?

Charleston Collegiate School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charleston Collegiate School 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: $242,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,924

For more financial information, click here


Official website here: www.charlestoncollegiate.org

What is the mission statement of Charleston Collegiate School?

Charleston Collegiate School's mission is to inspire students to become passionate, lifelong learners. This is achieved by empowering them with knowledge, creativity, curiosity, and confidence, enabling them to approach the opportunities of tomorrow with mindfulness. The school's mission is to foster an environment that nurtures these qualities, fostering a love for learning that extends beyond the classroom. The institution is organized into lower, middle, and upper schools, providing a co-educational, non-sectarian education for students from preschool to 12th grade.


Official website here: www.charlestoncollegiate.org

Who is the CEO of Charleston Collegiate School?

Dr Michelle Purghart is the Chair of Charleston Collegiate School.


Official website here: www.charlestoncollegiate.org

What is the revenue of Charleston Collegiate School?

Charleston Collegiate School's revenue in 2022 was $6,055,489.


Official website here: www.charlestoncollegiate.org

Who are the executives of Charleston Collegiate School and what are their salaries?

The average compensation at Charleston Collegiate School during 2022 was $33,525. There are 74 employees and 25 volunteers at Charleston Collegiate School.


Here are 10 key members and their salaries:


Douglas R Van Scoy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crayton Walters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Horn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Farfone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Guerard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Connor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Parker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bob Veto (Head Of Scho)
  • Compensation: $137,700
  • Related: $0
  • Other: $78
Pushpal M Harriott Former (Dir. Of Fin.)
  • Compensation: $15,201
  • Related: $0
  • Other: $532
Tammie Sullivan (Cfo)
  • Compensation: $72,332
  • Related: $0
  • Other: $10,648


Official website here: www.charlestoncollegiate.org

Where can I find the form 990 for Charleston Collegiate School?

Charleston Collegiate School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.charlestoncollegiate.org

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

Mission Statement of Charleston Collegiate School

Charleston Collegiate School, a co-educational and nonsectarian institution, is dedicated to inspiring students to become passionate, lifelong learners. It achieves this by empowering its students with knowledge, creativity, curiosity, and confidence, enabling them to mindfully embrace the opportunities of tomorrow. The school's mission is to foster an environment where students can grow both academically and personally, preparing them for a successful future. By instilling a love for learning and a sense of confidence, Charleston Collegiate School aims to equip its students with the tools they need to navigate the challenges of tomorrow. The school is organized into a lower school, middle school, and upper school, providing a comprehensive education from preschool through 12th grade.

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Impact




July, 2024

Charleston Collegiate School's impact is felt through its mission to inspire students to become passionate, lifelong learners. By empowering students with knowledge, creativity, curiosity, and confidence, the school aims to prepare them to mindfully embrace the opportunities of tomorrow. Located in Johns Island, SC, Charleston Collegiate School provides a co-educational, nonsectarian, preschool through 12th-grade education on a beautiful thirty-acre campus. Through its commitment to quality education, the school positively influences the lives of its students, families, and the broader community.




This information is meant to be a general summary of Charleston Collegiate School. 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
$6,055,489 (2022)
Expenses
$5,336,664 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,515
  • Program Service Revenue: $4,733,950
  • Gross Receipts: $6,112,573

Assets and Liabilities:

  • Total Assets: $3,966,220
  • Total Liabilities: $1,393,155
  • Net Assets: $2,573,065

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Programs

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

TUITION REVENUE

Revenue

$4,005,116

LUNCH FEES

Revenue

$314,676

STUDENT ACTIVITIES

Revenue

$204,054

TECHNOLOGY FEES

Revenue

$165,500

ATHLETIC FEES

Revenue

$44,604

Organization Details

Founding Year

1970

Principal Officer

Dr Michelle Purghart

Main Address

2024 ACADEMY DRIVE, JOHNS ISLAND, SC, 29455

NTEE Category

Code: B25 - Education

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