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Keystone Academy Charter School

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

EIN: 611524966 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Keystone Academy Charter School?

Keystone Academy Charter School, located in Philadelphia, Pennsylvania, is a publicly chartered educational institution serving approximately 645 students, with 66% coming from low-income families. The school's mission is to deliver a rigorous academic program emphasizing science and math using integrated technology. With a team of 79 employees, the school provides a comprehensive education to students from kindergarten through eighth grade, implementing innovative strategies to support their elementary science program.


Official website here: www.keystoneacademycs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)

Keystone Academy Charter School has achieved a perfect score of 100%, indicating strong performance in accountability and finance, which is the sole basis for its rating. This high score reflects the organization's commitment to transparent financial practices and effective governance, with an entirely independent board and robust audit oversight. Such ratings suggest that donors can trust the school to manage its resources efficiently and responsibly.

The nonprofit's financial health is indicated by a program expense ratio of 71.63%, meaning a significant portion of its spending is directed towards program services, which is a positive sign for its mission-driven activities. Additionally, the school's financial statements show no material diversion of assets and a favorable liabilities-to-assets ratio of 49.93%, further emphasizing its sound financial management.

While the rating highlights many strengths, potential supporters might want to explore the specific educational outcomes and community impact of Keystone Academy, as these aspects are not covered in the financial and accountability scores. Overall, the organization appears well-managed and dedicated to its goals, making it a trustworthy option for donors interested in supporting educational initiatives.


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

Is Keystone Academy Charter School legitimate?

Keystone Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keystone Academy Charter 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: $351,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,618,915

For more financial information, click here


Official website here: www.keystoneacademycs.org

What is the mission statement of Keystone Academy Charter School?

The Keystone Academy Charter School is dedicated to delivering a rigorous academic program, focusing on a concentrated science and math curriculum that incorporates the use of integrated technology. The mission of this elementary school caters to students from kindergarten to eighth grade. Embracing strategies that bolster the science program, the charter school serves approximately 645 children, with 66% coming from low-income families. Although unspecified in the provided information, it can be paraphrased that the school's objective is to provide a high-quality education in science and mathematics, utilizing technology and catering to students from diverse socio-economic backgrounds.


Official website here: www.keystoneacademycs.org

Who is the CEO of Keystone Academy Charter School?

Dr Claudia Lyles is the President of Keystone Academy Charter School. The CEO's salary of Keystone Academy Charter School is $234,257 and their total compensation is $319,125.


Official website here: www.keystoneacademycs.org

What is the revenue of Keystone Academy Charter School?

Keystone Academy Charter School's revenue in 2022 was $11,998,666.


Official website here: www.keystoneacademycs.org

Who are the executives of Keystone Academy Charter School and what are their salaries?

The average compensation at Keystone Academy Charter School during 2022 was $50,259. There are 79 employees at Keystone Academy Charter School.


Here are 9 key members and their salaries (Keystone Academy Charter School's CEO's salary is $234,257 and their total compensation is $319,125):


Gretchen Alston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Phelps (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Mccarthy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Diggs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Peterson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Anthony Stevenson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dina Hernandez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Claudia Lyles (Ceo)
  • Compensation: $234,257
  • Related: $0
  • Other: $84,868
Dr Kathryn Makar (Principal)
  • Compensation: $117,265
  • Related: $0
  • Other: $50,313


Official website here: www.keystoneacademycs.org

Where can I find the form 990 for Keystone Academy Charter School?

Keystone Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.keystoneacademycs.org

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

Mission Statement of Keystone Academy Charter School

Keystone Academy Charter School, a Pennsylvania-chartered institution, is dedicated to delivering a rigorous academic program that emphasizes science and mathematics. The school's mission revolves around embracing strategies that fortify the elementary science curriculum. Keystone Academy serves students from kindergarten through eighth grade. In the academic year that concluded on June 30, 2022, approximately 645 children attended the school, with 66% of them coming from low-income families. Keystone Academy is renowned for its focus on science and math, implementing a concentrated curriculum and integrating technology to optimize learning. The school's instructive approach fosters a stimulating environment for students to develop a strong foundation in these essential subjects.

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Impact




October, 2024

Keystone Academy Charter School significantly enhances educational outcomes for its students by implementing a rigorous academic program focused on science and math. By utilizing integrated technology, the school provides an engaging learning environment that fosters critical thinking and problem-solving skills among its students. Serving approximately 645 children, with 66% from low-income families, the academy plays a vital role in addressing educational disparities in its community.

Located in Philadelphia, Pennsylvania, Keystone Academy is dedicated to supporting the elementary science curriculum, which is a cornerstone of its educational approach. Serving students from kindergarten through eighth grade, the school emphasizes the importance of a solid foundation in STEM (science, technology, engineering, and mathematics), preparing its students for future academic and career opportunities. By prioritizing academic rigor and access to quality education, Keystone Academy positively impacts both the individuals it serves and the broader community.




This information is meant to be a general summary of Keystone Academy Charter 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
$11,998,666 (2022)
201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Expenses
$9,744,745 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%51%

Other financial information:

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

  • Investment Income: $805
  • Program Service Revenue: $9,473,008
  • Gross Receipts: $11,998,666

Assets and Liabilities:

  • Total Assets: $15,980,070
  • Total Liabilities: $9,838,614
  • Net Assets: $6,141,456

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Programs

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

SCHOOL DISTRICT REVENUE

Revenue

$9,473,008

Organization Details

Founding Year

2007

Principal Officer

Dr Claudia Lyles

Main Address

4521 LONGSHORE AVE, PHILADELPHIA, PA, 19135

NTEE Category

Code: B29 - Education

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