Sipe Ministries Inc

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

EIN: 710508229 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Sipe Ministries Inc?

Sipe Ministries Inc, established in 1978, is a not-for-profit organization situated in Little Rock, Arkansas. Its primary focus lies in education, serving children aged six weeks to grade 7 from lower-income families. The organization operates a private school that is open year-round, with an average monthly attendance of 79 students as of June 30, 2022. Sipe Ministries Inc is dedicated to nurturing each student's potential through loving care, superior academic services, and high-quality programming. The corporation has a team of 90 employees, demonstrating its commitment to the local community.


Official website here: www.littlescholarsschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Sipe Ministries Inc has received an 83% rating from Charity Navigator, indicating a solid performance, particularly in the Accountability & Finance category. The organization boasts an independent board comprised entirely of independent members, which enhances its governance. Additionally, it has a strong financial audit process and a high program expense ratio, signaling that the majority of its funds are directed towards its programs.

However, there are notable weaknesses in governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy points to areas that require improvement. Furthermore, the nonprofit has not made its tax form readily available on its website, which may affect transparency.

Overall, while Sipe Ministries demonstrates strong financial accountability and effective program spending, it would benefit from enhancing its governance practices to further establish trust and accountability with stakeholders.


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

Is Sipe Ministries Inc legitimate?

Sipe Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sipe Ministries 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: $37,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $550,716

For more financial information, click here


Official website here: www.littlescholarsschools.org

What is the mission statement of Sipe Ministries Inc?

Sipe Ministries Inc., established as a not-for-profit organization in 1978, has primarily focused on educational endeavors since 1990. Its mission is centered around serving the children of the Greater Little Rock community, ranging from six weeks old to seventh grade. The organization strives to unlock each student's full potential by providing them with loving care, superior academic services, and quality programming.


Official website here: www.littlescholarsschools.org

Who is the CEO of Sipe Ministries Inc?

Edman L Sipe is the Director of Sipe Ministries Inc.


Official website here: www.littlescholarsschools.org

What is the revenue of Sipe Ministries Inc?

Sipe Ministries Inc's revenue in 2022 was $916,913.


Official website here: www.littlescholarsschools.org

Who are the executives of Sipe Ministries Inc and what are their salaries?

The average compensation at Sipe Ministries Inc during 2022 was $6,537. There are 90 employees and 2 volunteers at Sipe Ministries Inc.


Here are 3 key members and their salaries:


Noupien Khamsisavang (Director)
  • Compensation: $37,598
  • Related: $0
  • Other: $0
Edman L Sipe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Foley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.littlescholarsschools.org

Where can I find the form 990 for Sipe Ministries Inc?

Sipe Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.littlescholarsschools.org

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

Mission Statement of Sipe Ministries Inc

Sipe Ministries Inc, established in 1978, is a not-for-profit organization with a primary focus on education. Since the 1990s, its mission has evolved to serve the greater Little Rock community, catering to children aged six weeks to seventh grade. Sipe Ministries Inc strives to unlock each student's full potential by providing loving care, superior academic services, and quality programming. The organization's aim is to nurture and develop well-rounded individuals, ensuring they reach their fullest capabilities.

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Impact




July, 2024

Sipe Ministries Inc, operating a private school primarily for students from lower-income families in Little Rock, Arkansas, has been making a significant impact since its founding in 1978. By providing quality education, loving care, and superior academic services to children ages six weeks through grade 7, the organization has been instrumental in developing the full potential of its students. With an average attendance of 79 students per month, Sipe Ministries Inc is actively contributing to the educational growth and well-being of the Greater Little Rock community.




This information is meant to be a general summary of Sipe Ministries 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.

Revenue
$916,913 (2022)
Expenses
$807,551 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $724,065
  • Gross Receipts: $916,913

Assets and Liabilities:

  • Total Assets: $1,269,868
  • Total Liabilities: $688,220
  • Net Assets: $581,648

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Programs

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

GOVERNMENT FEES

Revenue

$640,866

TUITION & FEES

Revenue

$83,199

Organization Details

Founding Year

1978

Principal Officer

Edman L Sipe

Main Address

8707 STANTON ROAD, LITTLE ROCK, AR, 72209

NTEE Category

Code: B21 - Education

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