Overview
What is The Louise S Mcgehee School?
The Louise S Mcgehee School is a nonprofit organization based in New Orleans, Louisiana, with a total of 257 employees. They provide exceptional education to 464 young women and 172 children, catering to a diverse population in the Greater New Orleans area during the 2021-2022 academic year. The school's mission is to help each girl realize her potential through a rigorous academic education guided by honor, service, and leadership. Their dynamic, inclusive community fosters lifelong learning skills through critical and ethical thinking. The expenses support need-based financial assistance, faculty salaries and benefits, technology upgrades, and various special programs.
Official website here: www.mcgeheeschool.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Louise S Mcgehee School has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The overall score is based entirely on its accountability and finance metrics, indicating a strong commitment to transparency and responsible fiscal practices. The school scored exceptionally well in all evaluated areas, showcasing its solid financial health and governance.
One of the notable strengths highlighted is the composition of the board, which consists entirely of independent members, ensuring unbiased decision-making. The organization also maintains robust policies, such as a conflict of interest and whistleblower policy, contributing to a culture of integrity. Furthermore, the financial statements undergo regular audits, demonstrating a commitment to maintaining high accounting standards.
Despite its strengths, the financial metrics, such as a program expense ratio of approximately 70%, indicate that a significant portion of its budget is directed towards programmatic efforts. This suggests that the school prioritizes its mission and services over administrative expenses. Overall, the organization appears to be well-managed and dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Louise S Mcgehee School legitimate?
The Louise S Mcgehee School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Louise S Mcgehee 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: $453,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,489,337
For more financial information, click here
Official website here: www.mcgeheeschool.com
What is the mission statement of The Louise S Mcgehee School?
The Louise S Mcgehee School is dedicated to helping each girl achieve her individual potential through a rigorous academic education based on honor, service, and leadership. In this inclusive community, students learn lifelong learning skills using critical and ethical thinking. The school serves 636 students during the 2021-2022 academic year, providing them with financial assistance, faculty salaries and benefits, technology upgrades, and various specialized programs and activities. The institution supports a diverse population of girls in the greater New Orleans area, employing both traditional and innovative teaching methods to deliver an exceptional learning experience.
Official website here: www.mcgeheeschool.com
Who is the CEO of The Louise S Mcgehee School?
Kristen Baumer is the Member At Large of The Louise S Mcgehee School.
Official website here: www.mcgeheeschool.com
What is the revenue of The Louise S Mcgehee School?
The Louise S Mcgehee School's revenue in 2022 was $15,252,868.
Official website here: www.mcgeheeschool.com
Who are the executives of The Louise S Mcgehee School and what are their salaries?
The average compensation at The Louise S Mcgehee School during 2022 was $30,908. There are 257 employees and 103 volunteers at The Louise S Mcgehee School.
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Official website here: www.mcgeheeschool.com
Where can I find the form 990 for The Louise S Mcgehee School?
The Louise S Mcgehee School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcgeheeschool.com
Learn more at the official website: www.mcgeheeschool.com
Mission Statement of The Louise S Mcgehee School
The Louise S McGehee School is a dynamic and inclusive learning community for young women and children, where each student is provided with the foundation to realize her individual potential. Through a rigorous academic education guided by honor, service, and leadership, students at The Louise S McGehee School develop lifelong learning skills using critical and ethical thinking.
The educational institution, which caters to 464 young women from pre-K to twelfth grade and 172 young children in its Little Gate Early Childhood Development program, during the 2021-2022 academic year, invests in its students' growth with necessary expenses. These funds support need-based financial assistance, faculty salaries and benefits, technology upgrades, and various science, technology, engineering, arts, math, and special programs and activities for a diverse population of girls in the greater New Orleans area.
The mission of The Louise S McGehee School is to empower its students with the tools and knowledge to succeed academically and personally. In an environment that fosters honor, service, and leadership, girls are encouraged to explore their potential, engage in critical and ethical thinking, and cultivate a passion for learning. With a strong focus on nurturing well-rounded individuals, The Louise S McGehee School equips its students with the skills they need to navigate the complexities of the modern world and thrive in all aspects of their lives.
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Impact
October, 2024
The Louise S. McGehee School fosters a transformative educational experience for young women in New Orleans, emphasizing the development of individual potential through a rigorous academic framework. By instilling principles of honor, service, and leadership, the school cultivates a dynamic and inclusive community where students acquire essential lifelong learning skills.
With a commitment to both traditional and innovative teaching methods, the school ensures that 636 students, ranging from pre-kindergarten through twelfth grade, receive an exceptional education. This commitment extends to the Little Gate Early Childhood Development program, nurturing young minds from an early age.
The school's holistic approach includes a focus on critical and ethical thinking, preparing students to navigate complex challenges both inside and outside the classroom. Furthermore, by providing need-based financial assistance, McGehee School ensures diverse access to quality education, supporting a varied population within the Greater New Orleans area.
Through investments in faculty, technology upgrades, and specialized programs in STEM and the arts, The Louise S. McGehee School not only enhances its educational offerings but also plays a vital role in shaping future leaders who are equipped to make meaningful contributions to society.
This information is meant to be a general summary of The Louise S Mcgehee 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 2022.
- Investment Income: $212,787
- Program Service Revenue: $13,285,394
- Gross Receipts: $17,013,972
Assets and Liabilities:
- Total Assets: $27,422,961
- Total Liabilities: $12,379,375
- Net Assets: $15,043,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$12,621,152
AUXILIARY ACTIVITIES
Revenue
$591,584
MISCELLANEOUS INCOME
Revenue
$72,658
Organization Details
Founding Year
1912
Phone
(504) 561-1224Principal Officer
Kristen Baumer
Main Address
2343 PRYTANIA STREET, NEW ORLEANS, LA, 70130
Website
www.mcgeheeschool.comNTEE Category
Code: B25 - Education
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