Overview
What is St George's Independent School?
St. George's Independent School is a co-educational private institution located in the Memphis, Tennessee area, with three campuses. This Episcopal school, dedicated to academic excellence, caters to students from grades Pre-K to twelve. The mission of St. George's is to prepare students for a life of learning and meaningful contributions in an inclusive environment. The nurturing learning community fosters outstanding academic achievement, relationships, leadership, and character, reinforced by Judeo-Christian values. The school employs a total workforce of 408 individuals.
Official website here: www.sgis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
St George's Independent School has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas for improvement in its overall accountability and finance practices. The organization scored 60% overall, with notable strengths in its governance structure. It boasts a fully independent board and demonstrates strong practices in material asset diversion and compliance policies.
However, the nonprofit faces significant challenges, particularly regarding its financial health. The liabilities to assets ratio is concerning at 78.18%, which suggests potential financial instability. Additionally, the school scored low on the program expense ratio at 53.55%, raising questions about how effectively it allocates its resources towards its programs.
While the organization's commitment to transparency is reflected in its independent board and various policies, the lack of a posted tax form on its website and weak financial ratios highlight critical areas that need addressing for improved trust and sustainability. Overall, stakeholders may want to carefully consider these factors when evaluating St George's Independent School.
This AI summary has been generated from information found on Charity Navigator.
Is St George's Independent School legitimate?
St George's Independent School is a legitimate nonprofit organization registered as a 501(c)(3) entity. St George's Independent 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: $0
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Other Salaries and Wages: $11,510,330
For more financial information, click here
Official website here: www.sgis.org
What is the mission statement of St George's Independent School?
St. George's Independent School is a co-educational private institution catering to students from pre-K to twelfth grade. Committed to excellence, the school aims to prepare students for a life of learning and meaningful contribution in a diverse academic community. This inclusive learning environment nurtures students to achieve outstanding academic results, foster strong relationships, develop leadership skills, and reinforce character, all grounded in Judeo-Christian values.
Official website here: www.sgis.org
What is the revenue of St George's Independent School?
St George's Independent School's revenue in 2024 was $17,143,981.
Official website here: www.sgis.org
Who are the executives of St George's Independent School and what are their salaries?
The average compensation at St George's Independent School during 2024 was $26,831. There are 429 employees and 100 volunteers at St George's Independent School.
Here are 26 key members and their salaries:
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Official website here: www.sgis.org
Where can I find the form 990 for St George's Independent School?
St George's Independent School's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sgis.org
Learn more at the official website: www.sgis.org
Mission Statement of St George's Independent School
St. George's Independent School, a coeducational private institution, is renowned for its dedication to academic excellence and character development. Nurturing students from grades Pre-K through twelve, this Episcopal school aspires to prepare them for a life of learning and meaningful contribution. The school's learning community fosters outstanding academic achievement, fostering relationships, leadership, and character reinforced by Judeo-Christian values. The pursuit of excellence at St. George's goes beyond academics, with an inclusive environment that encourages students to reach their full potential. By fostering a strong educational foundation, the school empowers students to make a difference in their communities and beyond. With three campuses in the Memphis, TN area, St. George's Independent School offers a rich and diverse educational experience, setting the stage for students to build a successful and fulfilling future.
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Impact
October, 2024
St. George's Independent School significantly impacts the Memphis, TN area by providing a high-quality co-educational private education for students from pre-kindergarten through twelfth grade across three campuses. The school fosters an inclusive learning environment that encourages outstanding academic achievement while promoting meaningful relationships, leadership, and character development grounded in Judeo-Christian values.
By prioritizing excellence in education, St. George's equips students not only with academic skills but also with the tools necessary for lifelong learning and personal growth. The school's mission underscores its commitment to nurturing a diverse community where every student can thrive and contribute positively to society. Graduates of St. George's often emerge as well-rounded individuals, prepared to make significant contributions to their communities and beyond, reflecting the school’s dedication to instilling values that will guide them throughout their lives.
This information is meant to be a general summary of St George's Independent 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $164,676
- Program Service Revenue: $15,125,088
- Gross Receipts: $17,143,981
Assets and Liabilities:
- Total Assets: $59,834,340
- Total Liabilities: $44,954,549
- Net Assets: $14,879,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$12,957,118
DAYCARE
Revenue
$1,318,042
SUMMER PROGRAMS
Revenue
$301,591
AFTER SCHOOL CARE
Revenue
$238,830
ATHLETIC FEES AND INCOME
Revenue
$150,911
Organization Details
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