Overview
What is The Varnett Schools Inc?
The Varnett Schools Inc, located primarily in Houston, Texas, is a nonprofit organization dedicated to serving mostly minority students by providing an alternative public school with a rigorous academic program tailored to their unique needs. With a team of 216 employees, The Varnett Public School aims to deliver a mission-driven education that caters to its diverse student body. This mission is reflected in the organization's dedication to offering a comprehensive educational experience.
Official website here: www.varnett.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The Varnett Schools Inc has achieved a high score of 96% on Charity Navigator, indicating strong performance in terms of accountability and financial health. The organization boasts a fully independent board, with all eight members meeting independence criteria, which enhances its governance and decision-making processes. Its commitment to transparency is evident through publicly available financial statements and effective policies, such as those regarding conflict of interest and whistleblower protections.
Financially, the organization displays commendable ratios, including a low liabilities to assets ratio of 12.12% and an impressive program expense ratio of 93.48%. This suggests that a significant portion of its funding is directed toward its educational programs rather than administrative expenses, reflecting its dedication to fulfilling its mission effectively.
While the ratings are positive, potential donors and stakeholders should remain aware of the dynamic nature of nonprofit operations. Continuous evaluation of the organization's impact and program effectiveness will be essential to ensure that it maintains its high standards and adapts to any changes in the educational landscape.
This AI summary has been generated from information found on Charity Navigator.
Is The Varnett Schools Inc legitimate?
The Varnett Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Varnett Schools 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: $407,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,809,132
For more financial information, click here
Official website here: www.varnett.org
What is the mission statement of The Varnett Schools Inc?
The Varnett Schools Inc is dedicated to delivering a robust academic program that caters to the requirements of its ethnically diverse student body. This mission is at the core of the school's operations. The institution offers an alternative educational setting that primarily serves a minority student population. By providing a rigorous academic curriculum, the school aims to help students thrive and meet their full potential. Their commitment extends beyond just academics, ensuring a nurturing environment that addresses the unique needs of each student. The school's mission is to empower its pupils to succeed in their educational journey and beyond.
Official website here: www.varnett.org
What is the revenue of The Varnett Schools Inc?
The Varnett Schools Inc's revenue in 2023 was $18,212,008.
Official website here: www.varnett.org
Who are the executives of The Varnett Schools Inc and what are their salaries?
The average compensation at The Varnett Schools Inc during 2023 was $46,083. There are 200 employees and 7 volunteers at The Varnett Schools Inc.
Here are 15 key members and their salaries:
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- Compensation: $118,296
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- Compensation: $105,479
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- Other: $5,060
- Compensation: $104,520
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Official website here: www.varnett.org
Where can I find the form 990 for The Varnett Schools Inc?
The Varnett Schools Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.varnett.org
Learn more at the official website: www.varnett.org
Mission Statement of The Varnett Schools Inc
The Varnett Schools Inc, a mission-driven organization, is committed to delivering a robust academic program tailored to the needs of its diverse student population. This alternative public school prioritizes the education of mostly minority students by providing them with a rigorous learning experience.
The Varnett Schools Inc stands out in its dedication to creating an inclusive and effective learning environment. Its primary goal is to cater to the unique requirements of each student, ensuring they reach their full potential. By offering a comprehensive academic program, the organization seeks to make a positive impact on the lives of its pupils and prepare them for future success.
This nonprofit institution is deeply rooted in the belief that every child deserves a high-quality education, regardless of their background. The Varnett Schools Inc goes above and beyond to accommodate the various learning styles and needs within its student body. As a result, it has become a beacon of hope for many families seeking an alternative educational solution for their children.
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Impact
October, 2024
The Varnett Schools Inc has made a significant impact on the educational landscape in Houston, Texas. By providing a rigorous academic program tailored to meet the diverse needs of its student population, it has created a supportive environment for mostly minority students. The school serves as an alternative public educational option, addressing gaps in traditional schooling systems and fostering academic achievement among those who may face various socio-economic challenges.
Through its commitment to high educational standards and inclusivity, The Varnett Schools Inc empowers students with essential skills and knowledge, preparing them for future success. Its focus on a well-rounded, rigorous curriculum contributes to enhanced educational outcomes and instills a sense of confidence in students, helping to pave the way for a brighter future. As such, the organization plays a crucial role in promoting equity in education and fostering a more just society.
This information is meant to be a general summary of The Varnett Schools 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 2023.
- Investment Income: $209,115
- Program Service Revenue: $120,809
- Gross Receipts: $18,212,008
Assets and Liabilities:
- Total Assets: $26,684,874
- Total Liabilities: $3,234,287
- Net Assets: $23,450,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOCAL REVENUE
Revenue
$120,809
Organization Details
Founding Year
1990
Principal Officer
Dr Matthew Plummer
Website
www.varnett.orgNTEE Category
Code: B24P - Education
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