Overview
What is Purpose Built Schools Atlanta Inc?
Purpose Built Schools Atlanta Inc is a nonprofit organization located in Atlanta, Georgia, committed to operating one or more "turnaround" schools within the Atlanta Public School system. Their primary objective is to promote education and lessen government burdens by improving the academic performance of these schools. In the past few years, they have achieved significant strides in student growth and graduation rates in their schools. For instance, Carver Steam Academy's graduation rate increased by 10.6 percentage points since 2018, marking the largest improvement among all high schools in the district. Additionally, the organization provides students with various opportunities for continued education, with the class of 2022 earning over $4.5 million in scholarships and the class of 2023 already surpassing that record. They also focus on parent engagement, which has more than doubled since the organization's inception, leading to improved student achievement. Furthermore, Purpose Built Schools Atlanta Inc offers summer enrichment programs, after-school partnerships, college and career readiness programs, and youth employment services to expand students' horizons and enhance their educational and social-emotional growth.
Official website here: www.purposebuiltschoolsatlanta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Purpose Built Schools Atlanta Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization has a solid accountability and finance score of 73%, reflecting good governance practices, including an entirely independent board and strong financial oversight. However, there are notable issues such as the absence of a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability.
Financially, Purpose Built Schools demonstrates a strong commitment to its mission, with a program expense ratio of 95.37%, meaning most of its funds are directed toward programs rather than administrative costs. However, the high liabilities to assets ratio of 84.65% raises concerns about financial stability. This indicates that a significant portion of its assets is tied up in liabilities, which could pose risks to its long-term sustainability.
Overall, while Purpose Built Schools Atlanta shows strengths in program spending and governance structure, it faces challenges in policy implementation and financial health that need addressing to enhance trust and effectiveness in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Purpose Built Schools Atlanta Inc legitimate?
Purpose Built Schools Atlanta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purpose Built Schools Atlanta 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: $494,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,133,371
For more financial information, click here
Official website here: www.purposebuiltschoolsatlanta.org
What is the mission statement of Purpose Built Schools Atlanta Inc?
Purpose Built Schools Atlanta Inc is dedicated to operating turnaround schools within the Atlanta Public School System and promoting education. Through this endeavor, they aim to lessen the burdens of government and advance substantial exempt purposes. The organization has shown significant academic progress, with three of their schools experiencing strong student growth in the most recent school year, two of which ranked among the top one-third of all APS schools for in-year academic growth. Additionally, Carver Steam Academy's graduation rate increased by 10.6 percentage points, the largest improvement among all other high schools in the district since their partnership began in 2018. Their programs, including Horizons summer enrichment and after-school collaboration with the Boys & Girls Club of Metro Atlanta, focus on holistic student development and academic advancement.
Official website here: www.purposebuiltschoolsatlanta.org
Who is the CEO of Purpose Built Schools Atlanta Inc?
Greg Giornelli is the Chair of Purpose Built Schools Atlanta Inc. The CEO's salary of Purpose Built Schools Atlanta Inc is $0 and their total compensation is $0.
Official website here: www.purposebuiltschoolsatlanta.org
What is the revenue of Purpose Built Schools Atlanta Inc?
Purpose Built Schools Atlanta Inc's revenue in 2022 was $34,651,857.
Official website here: www.purposebuiltschoolsatlanta.org
Who are the executives of Purpose Built Schools Atlanta Inc and what are their salaries?
The average compensation at Purpose Built Schools Atlanta Inc during 2022 was $54,949. There are 339 employees and 6 volunteers at Purpose Built Schools Atlanta Inc.
Here are 11 key members and their salaries (Purpose Built Schools Atlanta Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $121,293
- Related: $0
- Other: $31,841
- Compensation: $148,299
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- Other: $47,254
- Compensation: $135,280
- Related: $0
- Other: $27,455
- Compensation: $130,139
- Related: $0
- Other: $26,291
- Compensation: $112,502
- Related: $0
- Other: $43,675
Official website here: www.purposebuiltschoolsatlanta.org
Where can I find the form 990 for Purpose Built Schools Atlanta Inc?
Purpose Built Schools Atlanta Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.purposebuiltschoolsatlanta.org
Learn more at the official website: www.purposebuiltschoolsatlanta.org
Mission Statement of Purpose Built Schools Atlanta Inc
Purpose Built Schools Atlanta Inc, a nonprofit organization, is dedicated to operating one or more "turnaround" schools within the Atlanta Public School System. Through this endeavor, the institution aims to promote education and lessen the burdens of government. The schools under Purpose Built Schools Atlanta's management have shown remarkable improvement. For instance, three of the organization's schools saw noteworthy gains in student academic growth in the 2021-2022 school year. Two of these schools, The Schools and Price, ranked among the top one-third of all APS schools for in-year academic growth. Carver Steam Academy, another school under Purpose Built Schools Atlanta's management, experienced a significant increase in graduation rates, with a 10.6 percentile point improvement since 2018.
Moreover, students in these schools have earned substantial scholarships for continued education, totaling over $8.5 million for the classes of 2022 and 2023. The organization's schools have shown impressive growth in various areas, such as academic performance, graduation rates, and scholarships. Additionally, Purpose Built Schools Atlanta has made significant strides in increasing parent engagement, with attendance at parent-teacher conferences more than doubling since the baseline year. The organization's commitment to parent engagement is a strong foundation for continued growth in the upcoming school year.
Furthermore, Purpose Built Schools Atlanta offers a range of programs designed to enrich students' educational experiences. One such program, Horizons, provides high-quality academic instruction with a focus on literacy and STEAM in small class environments. Students also receive special small group literacy instruction and participate in arts, fitness, cultural enrichment, field trips, and confidence-building challenges. Additionally, the organization partners with the Boys & Girls Club of Metro Atlanta to operate after-school programs, serving over 240 students during the 2021-2022 school year. Through these programs and partnerships, Purpose Built Schools Atlanta is making a significant impact on the education and well-being of students within the Atlanta Public School System.
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Impact
October, 2024
Purpose Built Schools Atlanta Inc has significantly impacted educational outcomes in the Atlanta Public School system by operating turnaround schools that focus on academic excellence and community engagement.
In recent years, student academic growth has been notable despite challenges such as the COVID-19 pandemic. Two of their schools, Thomasville Heights Elementary and Price Middle School, achieved impressive gains, with Price Middle School demonstrating the largest academic improvement of any middle school in the district from 2017 to 2022.
Graduation rates have also improved dramatically. At Carver STEAM Academy, the graduation rate rose by 10.6 percentage points between 2018 and 2022—the highest increase in the district during this period. In addition, the class of 2022 secured over $4.5 million in scholarships for continued education, setting a record for the school.
Engagement with parents has seen a remarkable increase, doubling the attendance at parent-teacher conferences and fostering a deeper community connection, which is crucial for student success. The organization also operates innovative programming, such as a successful summer enrichment program that serves students through academic and cultural development, and an after-school program that meets the needs of predominantly Black and single-parent households.
Their focus on workforce readiness is evident through partnerships that establish programs like Georgia's first P-TECH initiative, providing students with a pathway to earn high school diplomas and postsecondary degrees in competitive fields. Such initiatives ensure that students not only excel academically but also are prepared for careers in growing industries.
Overall, Purpose Built Schools Atlanta Inc is reshaping the educational landscape, addressing systemic challenges, increasing student achievement, and enhancing community involvement to pave the way for future success.
This information is meant to be a general summary of Purpose Built Schools Atlanta 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.
- Investment Income: $5,059
- Gross Receipts: $34,651,857
Assets and Liabilities:
- Total Assets: $15,990,097
- Total Liabilities: $15,318,332
- Net Assets: $671,765
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Organization Details
Founding Year
2016
Phone
(404) 802-6300Principal Officer
Greg Giornelli
Main Address
1670 BENJAMIN WELDON BICKERS DR SE, ATLANTA, GA, 30315
NTEE Category
Code: B20 - Education
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