Overview
What is Silver Oaks Cooperative School Inc?
Silver Oaks Cooperative School Inc is a prominent elementary institution located in Silver Spring, Maryland. Established with a mission to operate at this educational level, the school offers a unique, cooperatively organized learning environment for its students. By fostering collaboration among students and educators, Silver Oaks Cooperative School Inc strives to impart knowledge and skills, ensuring a well-rounded educational experience for its pupils. The school's activities primarily focus on elementary education, providing a nurturing environment that supports the growth and development of its young learners.
Official website here: www.silveroakscooperative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Silver Oaks Cooperative School Inc has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement, particularly in its accountability and financial practices. With an overall score of 73%, the organization shows a commitment to maintaining a majority independent board, which is an essential aspect of governance, but it falls short in other critical areas.
The organization demonstrates a strong program expense ratio of 82.44%, reflecting that a significant portion of its resources is directed towards its stated educational missions. However, the absence of financial statements and key policies, such as a whistleblower policy and document retention policy, raises concerns about transparency and oversight. While they have a solid structure in place with independent board members and no material diversion of assets, the lack of available financial documentation could hinder stakeholder confidence.
Overall, while Silver Oaks Cooperative School Inc has strengths in governance and program spending, the deficiencies in essential policies and financial reporting indicate that improvements are necessary for better accountability and to enhance trust among supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Oaks Cooperative School Inc legitimate?
Silver Oaks Cooperative School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Oaks Cooperative School 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: $46,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,427
For more financial information, click here
Official website here: www.silveroakscooperative.org
What is the mission statement of Silver Oaks Cooperative School Inc?
Silver Oaks Cooperative School Inc operates with the mission of serving as an elementary school. The institution provides a learning environment that is cooperatively organized, catering to students at this educational level. Its mission encompasses offering a range of programs tailored to elementary school education, aiming to foster growth and development in its students. The school does not specify any particular objectives beyond providing education and a cooperative learning environment.
Official website here: www.silveroakscooperative.org
Who is the CEO of Silver Oaks Cooperative School Inc?
Annette Nelson is the President of Silver Oaks Cooperative School Inc.
Official website here: www.silveroakscooperative.org
What is the revenue of Silver Oaks Cooperative School Inc?
Silver Oaks Cooperative School Inc's revenue in 2022 was $593,223.
Official website here: www.silveroakscooperative.org
Who are the executives of Silver Oaks Cooperative School Inc and what are their salaries?
The average compensation at Silver Oaks Cooperative School Inc during 2022 was $20,720. There are 19 employees and 40 volunteers at Silver Oaks Cooperative School Inc.
Here are 9 key members and their salaries:
- Compensation: $37,338
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.silveroakscooperative.org
Where can I find the form 990 for Silver Oaks Cooperative School Inc?
Silver Oaks Cooperative School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silveroakscooperative.org
Learn more at the official website: www.silveroakscooperative.org
Mission Statement of Silver Oaks Cooperative School Inc
Silver Oaks Cooperative School Inc, as a mission-driven entity, is dedicated to operating an elementary school. This educational institution offers a unique learning environment that is cooperatively organized, catering specifically to students at this level. By providing various programs tailored to the elementary school curriculum, Silver Oaks Cooperative School Inc fosters a nurturing and collaborative atmosphere for its pupils.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Silver Oaks Cooperative School Inc's impact is significant in providing a cooperatively organized learning environment for elementary school students in Silver Spring, MD. By operating as an elementary school, it offers various programs that focus on this educational level, ultimately shaping the educational experience of students in the area. Through its mission to provide quality education in a cooperative setting, Silver Oaks Cooperative School Inc plays a crucial role in the academic and personal development of young learners in Silver Spring.
This information is meant to be a general summary of Silver Oaks Cooperative School 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.
- Program Service Revenue: $536,850
- Gross Receipts: $594,023
Assets and Liabilities:
- Total Assets: $143,025
- Total Liabilities: $70,195
- Net Assets: $72,830
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$500,074
FEES
Revenue
$9,045
BEFOREAFTERCARE
Revenue
$27,731
Organization Details
Founding Year
2018
Principal Officer
Annette Nelson
Main Address
PO BOX 10571, SILVER SPRING, MD, 20914
NTEE Category
Code: B20 - Education
If you are a representative of Silver Oaks Cooperative School Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.