Overview
What is The Downtown Miami Charter School Inc?
The Downtown Miami Charter School Inc is a nonprofit, tuition-free public charter institution situated in Miami, Florida. It serves students from kindergarten through sixth grade within Miami-Dade County. As a component unit of the Public School Board of Miami-Dade County, Florida, Downtown Miami Charter School, Inc. adheres to the principles of a public charter school, providing education to its students up to sixth grade.
Official website here: www.downtowncharter.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Downtown Miami Charter School Inc has earned a Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating indicates solid accountability and financial practices, primarily driven by its performance in the Accountability & Finance category. The organization's governance structure is strong, featuring a fully independent board and robust oversight mechanisms.
Strengths of the organization include a well-defined conflict of interest policy, whistleblower protections, and transparency in financial reporting. The majority of board members are independent, which enhances governance and decision-making. Furthermore, the school has demonstrated responsible program spending, with 68.30% of its expenses directed towards programs, indicating a commitment to its mission.
However, the organization's liabilities to assets ratio stands at 97.43%, which may raise concerns about financial sustainability. While many aspects of accountability are well-managed, this high ratio suggests potential challenges in managing debt relative to its assets, which could impact future operations. Overall, The Downtown Miami Charter School Inc shows a commitment to transparency and governance, but it should address its financial liabilities for improved stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Downtown Miami Charter School Inc?
96% of 11 reviewers on Facebook recommend The Downtown Miami Charter School Inc. Here’s a brief overview of their thoughts:
Many users express a strong sense of satisfaction with the school, highlighting its engaging environment and quality education. The enthusiastic comments indicate that students and parents alike feel positively about their experiences, suggesting that the institution successfully meets their educational needs.
Positive sentiments are prevalent, with one reviewer emphasizing a passionate love for the school. Overall, it seems the Downtown Miami Charter School creates a nurturing and supportive atmosphere, earning a solid endorsement from its community members.
This AI summary has been generated from reviews found on Facebook.
Is The Downtown Miami Charter School Inc legitimate?
The Downtown Miami Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Downtown Miami Charter School Inc 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: $2,739,294
For more financial information, click here
Official website here: www.downtowncharter.org/
What is the mission statement of The Downtown Miami Charter School Inc?
The Downtown Miami Charter School Inc., as a nonprofit entity, functions as a public charter school under the Miami-Dade County Public School Board of Florida. Its mission is to provide educational services to students from kindergarten to sixth grade. The school, being a public charter school, operates independently within the public school system, serving the educational needs of its students without charging tuition fees. Downtown Miami Charter School Inc. is dedicated to contributing positively to the overall educational development of its students.
Official website here: www.downtowncharter.org/
Who is the CEO of The Downtown Miami Charter School Inc?
Carlos Lago is the Vice Chair of The Downtown Miami Charter School Inc.
Official website here: www.downtowncharter.org/
What is the revenue of The Downtown Miami Charter School Inc?
The Downtown Miami Charter School Inc's revenue in 2022 was $6,115,468.
Official website here: www.downtowncharter.org/
Who are the executives of The Downtown Miami Charter School Inc and what are their salaries?
The average compensation at The Downtown Miami Charter School Inc during 2022 was $29,455. There are 93 employees at The Downtown Miami Charter School Inc.
Here are 5 key members and their salaries:
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Official website here: www.downtowncharter.org/
Where can I find the form 990 for The Downtown Miami Charter School Inc?
The Downtown Miami Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtowncharter.org/
Learn more at the official website: www.downtowncharter.org/
Mission Statement of The Downtown Miami Charter School Inc
The Downtown Miami Charter School, Inc. is a nonprofit organization that serves as a component unit of the Public School Board of Miami-Dade County, Florida. As a public charter school, it provides education to students from kindergarten to sixth grade. The school, governed by Downtown Miami Charter School, is committed to providing a tuition-free education, ensuring accessibility to quality education for the young learners in the community. The mission of The Downtown Miami Charter School, Inc. is centered around its role as a public charter school, aiming to serve the students of Miami-Dade County from kindergarten to sixth grade with dedication and commitment.
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Impact
July, 2024
The Downtown Miami Charter School Inc's impact is evident in its commitment to providing quality education to students from kindergarten through sixth grade in Miami-Dade County. By offering a tuition-free public charter school option, the school contributes to expanding educational opportunities for families in the community. Through its mission to serve and empower students, The Downtown Miami Charter School Inc plays a vital role in shaping the academic success and personal growth of young learners. This focus on education helps to build a stronger foundation for the future success of students and the community as a whole.
This information is meant to be a general summary of The Downtown Miami Charter School Inc. 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.
- Program Service Revenue: $1,123,411
- Gross Receipts: $6,115,468
Assets and Liabilities:
- Total Assets: $7,883,196
- Total Liabilities: $7,347,533
- Net Assets: $535,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSTRUCTION
Revenue
$649,643
FOOD SERVICES
Revenue
$373,721
AFTERCARE SERVICES
Revenue
$100,047
Organization Details
Founding Year
2001
Phone
(305) 579-6675Principal Officer
Carlos Lago
Main Address
305 NW 3RD AVENUE, MIAMI, FL, 33128
Website
www.downtowncharter.org/NTEE Category
Code: B039 - Education
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