Overview
What is Great Mn Schools?
Great Mn Schools is a dedicated nonprofit organization situated in Minneapolis, Minnesota. They partner with promising schools, supporting their improvement and growth, aiming to enhance students' learning experiences and advance educational outcomes. By working with community-based partners, they assist families in making informed decisions about school enrollment and advocate for their children within the educational system. The organization engages the community as partners, building support for proven solutions. Strategically investing in proven and promising schools, they provide expert guidance and funding resources to create a network of great schools. Their mission is rooted in the belief that great schools are crucial for a just and thriving community, and every child deserves to attend a school that works. They have a team of 11 dedicated individuals dedicated to this cause.
Official website here: www.greatmnschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Great Mn Schools has received a Two-Star rating from Charity Navigator, reflecting a score of 72%. The organization demonstrates strong practices in accountability and finance, particularly with an independent board and a high program expense ratio of 86.63%. Their fundraising efficiency is commendable at $0.08, indicating effective fundraising strategies.
Despite these strengths, the organization faces challenges with financial stability, highlighted by a poor liabilities to assets ratio of 86.52% and a very low working capital ratio of just 0.01 years. These factors suggest potential financial strain that could impact the organization's long-term sustainability and ability to effectively carry out its mission.
Overall, while Great Mn Schools showcases solid governance and program delivery metrics, the financial concerns noted may warrant closer scrutiny for potential supporters and stakeholders considering engagement with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Great Mn Schools legitimate?
Great Mn Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Mn Schools 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: $268,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,006,213
For more financial information, click here
Official website here: www.greatmnschools.org
What is the mission statement of Great Mn Schools?
Great Mn Schools is committed to investing strategically in promising and proven schools, providing them with expert guidance and necessary resources to foster a community of great schools. They believe that exceptional schools are essential for a just and prosperous society, and it is their moral and social responsibility to ensure every child has access to a school that meets their needs. The organization partners with promising schools, guiding their improvement and growth, enhancing students' learning experiences, and boosting educational outcomes. They collaborate with community-based partners to support families in making informed decisions about enrollment and advocating for their children within schools. Furthermore, they engage the community as partners, building support for proven solutions.
Official website here: www.greatmnschools.org
Who is the CEO of Great Mn Schools?
Al Fan is the Chair of Great Mn Schools.
Official website here: www.greatmnschools.org
What is the revenue of Great Mn Schools?
Great Mn Schools's revenue in 2022 was $3,619,260.
Official website here: www.greatmnschools.org
Who are the executives of Great Mn Schools and what are their salaries?
The average compensation at Great Mn Schools during 2022 was $115,867. There are 11 employees and 25 volunteers at Great Mn Schools.
Here are 23 key members and their salaries:
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- Other: $14,270
Official website here: www.greatmnschools.org
Where can I find the form 990 for Great Mn Schools?
Great Mn Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatmnschools.org
Learn more at the official website: www.greatmnschools.org
Mission Statement of Great Mn Schools
Great Mn Schools, a nonprofit organization, believes in the transformative power of great schools. They are committed to making strategic investments in proven and promising schools, providing them with expert guidance and necessary resources to foster a community of exceptional educational institutions. Great Mn Schools believes that every child deserves to attend a school that works, considering this a moral and social obligation. They partner with promising schools, guiding their improvement and growth, and strengthening students' learning experiences, thereby advancing educational outcomes.
In their mission, Great Mn Schools collaborates with community-based partners to support families in making informed educational decisions. They advocate for children within schools, ensuring their best interests are prioritized. Moreover, they engage the community as partners, building support for proven solutions. By doing so, Great Mn Schools aims to create a just and thriving community, where each child can benefit from a nurturing and effective educational environment.
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Impact
July, 2024
Great Mn Schools makes strategic investments in proven and promising schools, providing expert guidance and funding resources to create a community of great schools. By partnering with promising schools and guiding their improvement and growth, they strengthen students' learning experiences and advance educational outcomes. In collaboration with community-based partners, they support families in making informed enrollment decisions and advocate for their children within schools. Additionally, Great Mn Schools engages the community as partners, building support for proven solutions. Their mission is centered around the belief that great schools are the cornerstone of a just and thriving community, ensuring that every child is able to attend a school that works. This organization's impact is vital in ensuring that children receive the education they deserve.
This information is meant to be a general summary of Great Mn Schools. 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: $62
- Gross Receipts: $3,619,260
Assets and Liabilities:
- Total Assets: $411,897
- Total Liabilities: $789,738
- Net Assets: -$377,841
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Organization Details
Founding Year
2016
Phone
(612) 314-5596Principal Officer
Al Fan
Main Address
1330 LAGOON AVENUE 4TH FLOOR, MINNEAPOLIS, MN, 55408
Website
www.greatmnschools.orgNTEE Category
Code: B90 - Education
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