Overview
What is Centerpoint Education Solutions?
Centerpoint Education Solutions, established in November 2016, is a nonprofit organization situated in Washington, D.C. Its primary mission is to foster educator capacity and development by collaborating with states, districts, and other organizations. They achieve this through various means, such as on-site professional development, web-based aligned standards, and the custom design and development of assessments and performance-based tasks. By doing so, they support instructional decision-making and accelerate student achievement. Additionally, they offer a variety of pre-built and custom-built assessments and ancillary products to clients on an annual or multi-year basis. With a team of 71 dedicated individuals, Centerpoint Education Solutions aims to contribute positively to the educational sector.
Official website here: www.centerpointeducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Centerpoint Education Solutions has received a 72% rating from Charity Navigator, which indicates a moderate level of accountability and financial health. The organization excels in governance, with a fully independent board and strong audit oversight, showcasing a commitment to transparency and ethical management practices. Their program expense ratio is robust at 80.14%, reflecting a significant dedication of funds towards their educational programs.
However, there are notable areas of concern, particularly in their financial ratios. The organization has a high liabilities to assets ratio of 82.63% and a very low working capital ratio of 0.05 years, which suggests potential financial instability and challenges in meeting short-term obligations. These financial indicators may raise concerns among donors regarding the organization's long-term sustainability and operational capacity.
Overall, while Centerpoint Education Solutions demonstrates strong governance and program funding, the financial health indicators highlight vulnerabilities that could impact their future operations. Potential donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Centerpoint Education Solutions legitimate?
Centerpoint Education Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centerpoint Education Solutions 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: $630,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,103,861
For more financial information, click here
Official website here: www.centerpointeducation.org
What is the mission statement of Centerpoint Education Solutions?
Centerpoint Education Solutions, established in November 2016, is a nonprofit organization dedicated to charitable and educational purposes. Its primary objective is to collaborate with states, districts, and other organizations to foster, cultivate, construct, and implement educator capacity. This is achieved through on-site professional development, web-based aligned standards, custom assessment and performance-based task design, and quality academic programming to support instructional decision making and accelerate student achievement. Centerpoint Education Solutions also provides a range of pre-built and custom-built assessments and ancillary products to clients via licensing on an annual or multi-year basis.
Official website here: www.centerpointeducation.org
Who is the CEO of Centerpoint Education Solutions?
Suzanne Krause is the CEO of Centerpoint Education Solutions The CEO's salary of Centerpoint Education Solutions is $150,031 and their total compensation is $150,031.
Official website here: www.centerpointeducation.org
What is the revenue of Centerpoint Education Solutions?
Centerpoint Education Solutions's revenue in 2023 was $2,257,868.
Official website here: www.centerpointeducation.org
Who are the executives of Centerpoint Education Solutions and what are their salaries?
The average compensation at Centerpoint Education Solutions during 2023 was $72,256. There are 24 employees and 9 volunteers at Centerpoint Education Solutions.
Here are 19 key members and their salaries (Centerpoint Education Solutions's CEO's salary is $150,031 and their total compensation is $150,031):
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- Compensation: $150,031
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- Compensation: $141,309
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- Compensation: $141,302
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- Compensation: $108,616
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- Compensation: $102,377
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Official website here: www.centerpointeducation.org
Where can I find the form 990 for Centerpoint Education Solutions?
Centerpoint Education Solutions's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centerpointeducation.org
Learn more at the official website: www.centerpointeducation.org
Mission Statement of Centerpoint Education Solutions
Centerpoint Education Solutions, established in November 2016, is a nonprofit organization dedicated to charitable and educational pursuits. Its primary mission is to collaborate with states, districts, and various organizations to cultivate, develop, and enhance educator capacity. This is achieved through on-site professional development, web-based aligned standards, the custom design and development of assessments and performance-based tasks, and quality academic programming to support instructional decision-making and accelerate student achievement. Centerpoint Education Solutions leverages these methods to help its clients, providing them with a range of pre-built and custom-built assessments and ancillary products, which are licensed on an annual or multi-year basis.
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Impact
July, 2024
Centerpoint Education Solutions has a significant impact on education by working with states, districts, and other organizations to develop, cultivate, build, and implement educator capacity. Through on-site professional development, web-based aligned standards, customized assessments, and quality academic programming, Centerpoint Education Solutions accelerates student achievement and supports instructional decision-making. Their efforts help improve the quality of education and empower educators to better serve their students.
This information is meant to be a general summary of Centerpoint Education Solutions. 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.
- Program Service Revenue: $1,935,401
- Gross Receipts: $2,257,868
Assets and Liabilities:
- Total Assets: $1,729,531
- Total Liabilities: $1,429,229
- Net Assets: $300,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$1,935,401
Organization Details
Founding Year
2017
Principal Officer
Laura M Slover
Website
www.centerpointeducation.orgNTEE Category
Code: B05 - Education
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