Overview
What is Berkeley Charter Education Association I?
Berkeley Charter Education Association I is a South Carolina-based nonprofit organization led by community leaders with expertise in education, finance, law, marketing, real estate, business, and government. With a commitment to academic excellence and ethical business practices, they operate two tuition-free public charter schools: Mevers School of Excellence and Berkeley Preparatory Academy. Established in 2016, Mevers School serves over 900 students from kindergarten to eighth grade, while Berkeley Preparatory Academy launched as a charter school in 2021, catering to approximately 550 students from kindergarten to ninth grade. The Association aims to provide students with the knowledge and skills to become future leaders and professionals, keeping up with advanced technologies in various industries.
Official website here: www meversschoolofexcellence org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating
The Berkeley Charter Education Association I has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization boasts a fully independent board and has high scores for financial statements and absence of material asset diversion, reflecting a commitment to transparency in certain areas. However, its overall accountability score is lowered by missing policies such as whistleblower and document retention, which are critical for maintaining ethical standards.
Despite achieving a program expense ratio of 65.70%, which suggests that a significant portion of its resources is directed toward its mission, the organization faces challenges with its liabilities to assets ratio sitting at 98.25%. This high ratio indicates potential financial vulnerability, which could impact its sustainability and ability to fulfill its mission in the long term.
The combination of strong governance features and financial concerns paints a complex picture of the organization. While it excels in specific accountability measures, the lack of essential policies and high liabilities relative to assets may pose risks that stakeholders should consider. The nonprofit may benefit from addressing these limitations to enhance its overall effectiveness and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Berkeley Charter Education Association I legitimate?
Berkeley Charter Education Association I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Charter Education Association I 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: $5,686,552
For more financial information, click here
Official website here: www meversschoolofexcellence org
What is the mission statement of Berkeley Charter Education Association I?
The Berkeley Charter Education Association is a collective of experts in various fields with a shared vision to establish a school that equips students with the necessary skills and knowledge to become future leaders and professionals, while staying updated with advanced technologies in various industries. Their mission is rooted in an unwavering dedication to student success and an unyielding commitment to ethical business practices. Through their educational solutions, they offer stakeholders a choice that fosters and promotes educational excellence. The organization manages two tuition-free public charter schools, serving approximately 1,450 students from kindergarten to ninth grade between them.
Official website here: www meversschoolofexcellence org
Who is the CEO of Berkeley Charter Education Association I?
Stewart Weinberg Phd is the President of Berkeley Charter Education Association I.
Official website here: www meversschoolofexcellence org
What is the revenue of Berkeley Charter Education Association I?
Berkeley Charter Education Association I's revenue in 2022 was $17,373,118.
Official website here: www meversschoolofexcellence org
Who are the executives of Berkeley Charter Education Association I and what are their salaries?
The average compensation at Berkeley Charter Education Association I during 2022 was $40,330. There are 141 employees and 200 volunteers at Berkeley Charter Education Association I.
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Official website here: www meversschoolofexcellence org
Where can I find the form 990 for Berkeley Charter Education Association I?
Berkeley Charter Education Association I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www meversschoolofexcellence org
Learn more at the official website: www meversschoolofexcellence org
Mission Statement of Berkeley Charter Education Association I
The Berkeley Charter Education Association I, comprised of community leaders with expertise in various fields, is on a mission to establish a school that equips students with the knowledge and skills necessary to become future leaders and professionals. With an unwavering dedication to student success and an unyielding commitment to ethical business practices, this organization seeks to provide world-class educational solutions that foster and promote educational excellence.
Berkeley Charter Education Association I is a visionary nonprofit organization with a clear objective: to offer students the opportunity to acquire advanced knowledge in all industries and businesses while keeping up with the latest technologies. The organization's core values are deeply rooted in the pursuit of student success and sound business practices.
The Berkeley Charter Education Association I operates two tuition-free public charter schools in South Carolina, Mevors School of Excellence and Berkeley Preparatory Academy. Established in 2016, Mevors School of Excellence serves approximately 900 students from kindergarten to eighth grade, providing them with a robust educational foundation. Berkeley Preparatory Academy, which started its operation as a public charter school in the 2021-22 school year, caters to approximately 550 students from kindergarten to ninth grade. Through these institutions, Berkeley Charter Education Association I is making a significant impact on the lives of young learners in South Carolina.
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Impact
October, 2024
The Berkeley Charter Education Association I significantly impacts the educational landscape in Berkeley County, South Carolina, by operating two tuition-free public charter schools: Mevers School of Excellence and Berkeley Preparatory Academy. These schools provide accessible educational opportunities to students, enabling them to acquire the knowledge and skills necessary to become leaders and professionals in an evolving, technology-driven world.
Established with the vision of community leaders from diverse professional backgrounds, the organization emphasizes a commitment to educational excellence, ethical practices, and student success. In the 2021-22 school year, Mevers School of Excellence served approximately 900 students from kindergarten to eighth grade, while Berkeley Preparatory Academy, in its inaugural year, welcomed around 550 students from kindergarten to ninth grade.
The association's mission is to offer world-class educational solutions, creating environments where students can thrive academically and personally. By providing families with additional educational choices, these charter schools contribute to a more dynamic and inclusive educational system in the community, addressing the varied needs of students and fostering a strong foundation for future generations.
This information is meant to be a general summary of Berkeley Charter Education Association I. 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: $991
- Program Service Revenue: $1,288,784
- Gross Receipts: $17,373,118
Assets and Liabilities:
- Total Assets: $33,116,066
- Total Liabilities: $32,402,035
- Net Assets: $714,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$809,264
PUPIL ACTIVITY
Revenue
$474,912
SCHOOL LUNCH SALES
Revenue
$4,608
Organization Details
Founding Year
2016
Phone
(843) 806-5909Principal Officer
Stewart Weinberg Phd
Main Address
7750 HENRY E BROWN JR BLVD, GOOSE CREEK, SC, 29445
NTEE Category
Code: B29 - Education
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