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Zeta Charter Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821888771 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Zeta Charter Schools Inc?

Zeta Charter Schools Inc is a New York-based nonprofit organization, specifically located at 425 Westchester Avenue in the Bronx, with approximately 58 employees. Their mission revolves around supporting schools and aiding in their creation, ultimately promoting and enhancing educational achievement. The organization currently supports four sublease agreements within the Zeta Charter Schools NYC network, which consists of high-performing schools for students in kindergarten through fourth grade, as well as pre-kindergarten. With a total enrollment of around 1,417 students, Zeta Charter Schools Inc offers ongoing academic, business, and developmental support to these institutions.


Official website here: www.zetaschools.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Zeta Charter Schools Inc has received a Three-Star rating from Charity Navigator, reflecting an 81% score based solely on Accountability & Finance. This robust score indicates that the organization is well-managed in terms of its financial practices, with a high program expense ratio of 88.60%, suggesting that a significant portion of its funding is directed toward its educational programs.

The organization demonstrates strong governance with a fully independent board, exhibiting transparency and accountability in its operations. Key policies such as conflict of interest, whistleblower, and document retention are all in place, indicating a commitment to ethical practices. Furthermore, the organization has no reported material diversion of assets, which enhances its credibility.

While the overall rating is commendable, there is no indication of program effectiveness or impact in this summary, which could provide a more comprehensive view of the charity’s contributions to the community. Nonetheless, Zeta Charter Schools Inc appears to be a responsible and accountable organization within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Zeta Charter Schools Inc?

88% of 14 reviewers on Facebook recommend Zeta Charter Schools Inc. Here is a summary of their reviews:

Many users express gratitude for the hard work and dedication of the staff, highlighting the positive impact the school has on students. The sentiment is overall positive, with brief comments indicating satisfaction with the educational experience provided.

This nonprofit appears to foster a supportive environment that resonates well with parents and students alike, with a strong appreciation for their commitment to education and community.


This AI summary has been generated from reviews found on Facebook.

Is Zeta Charter Schools Inc legitimate?

Zeta Charter Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zeta Charter Schools 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: $685,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,276,587

For more financial information, click here


Official website here: www.zetaschools.org

What is the mission statement of Zeta Charter Schools Inc?

Zeta Charter Schools Inc is dedicated to promoting educational achievement by supporting schools and assisting in their creation. The organization's mission is to undertake activities that align with this goal. Zeta Charter Schools Inc builds and supports a network of high-performing schools that foster communities of lifelong learners, problem solvers, and innovators. They provide academic, business, and development support to these schools. Currently, there are approximately 1,417 students enrolled in kindergarten through fourth grade and 144 students in pre-kindergarten in the educational corporation for the 2021-2022 academic year.


Official website here: www.zetaschools.org

Who is the CEO of Zeta Charter Schools Inc?

Emily Kim is the Ceo of Zeta Charter Schools Inc. The CEO's salary of Zeta Charter Schools Inc is $278,652 and their total compensation is $286,279.


Official website here: www.zetaschools.org

What is the revenue of Zeta Charter Schools Inc?

Zeta Charter Schools Inc's revenue in 2022 was $14,078,395.


Official website here: www.zetaschools.org

Who are the executives of Zeta Charter Schools Inc and what are their salaries?

The average compensation at Zeta Charter Schools Inc during 2022 was $68,314. There are 58 employees and 2 volunteers at Zeta Charter Schools Inc.


Here are 10 key members and their salaries (Zeta Charter Schools Inc's CEO's salary is $278,652 and their total compensation is $286,279):


Emily A Kim (Ceo)
  • Compensation: $278,652
  • Related: $0
  • Other: $7,627
Paola Zalkind (Managing Dir. Of Schools)
  • Compensation: $176,991
  • Related: $0
  • Other: $15,331
Samreen Khan Managing Director (Of Operational & Financial Strategy)
  • Compensation: $163,415
  • Related: $0
  • Other: $14,498
Shea Reeder Director Of (School Support & Leadership)
  • Compensation: $124,948
  • Related: $0
  • Other: $33,345
Angela Hamarich Director (Of School Excellence Strategy)
  • Compensation: $135,213
  • Related: $0
  • Other: $13,040
Christopher D'Amato (Director, Operational Excellence)
  • Compensation: $132,693
  • Related: $0
  • Other: $3,996
Kate Machan (Legal Counsel)
  • Compensation: $113,805
  • Related: $0
  • Other: $13,419
Andrew Malone (Managing Director, School Design)
  • Compensation: $117,014
  • Related: $0
  • Other: $9,313
Allen Thorpe (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ope Bukola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.zetaschools.org

Where can I find the form 990 for Zeta Charter Schools Inc?

Zeta Charter Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.zetaschools.org

Learn more at the official website: www.zetaschools.org

Mission Statement of Zeta Charter Schools Inc

Zeta Charter Schools Inc, a dedicated organization, is committed to promoting and supporting educational achievement by building and sustaining a network of high-performing charter schools. These schools, forge communities of lifelong learners, problem solvers, and innovators, nurturing over 1,200 students in kindergarten through fourth grade and 144 students in pre-kindergarten during the 2021-2022 academic year. Zeta Charter Schools Inc provides academic, business, and development support to these institutions, fostering an environment conducive to excellence. The mission of Zeta Charter Schools Inc comes to life as it assists in the creation of new schools and supports existing ones, ensuring their success in delivering quality education.

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Impact




October, 2024

Zeta Charter Schools Inc significantly impacts educational achievement by building and supporting a network of high-performing charter schools in New York City, specifically in the Bronx. The organization focuses on fostering thriving communities of lifelong learners, problem solvers, and innovators. With approximately 1,273 students enrolled in grades K-4 and an additional 144 in pre-kindergarten, Zeta provides robust academic, business, and development support to enhance school performance and student outcomes.

By establishing a supportive framework for schools, Zeta Charter Schools Inc helps create an enriching educational environment that promotes both academic success and personal growth among students. This commitment not only transforms individual lives but also strengthens the broader community by cultivating future generations of engaged and capable citizens. The network’s efforts contribute to improving access to quality education, nurturing the skills necessary for problem-solving and innovation, and ultimately helping to combat educational inequities in the region.




This information is meant to be a general summary of Zeta Charter Schools 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.

Revenue
$14,078,395 (2022)
Expenses
$13,196,539 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Program Service Revenue: $11,248,766
  • Gross Receipts: $14,078,395

Assets and Liabilities:

  • Total Assets: $31,771,816
  • Total Liabilities: $20,979,118
  • Net Assets: $10,792,698

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CMO FEES

Revenue

$4,901,960

RENTAL FEES

Revenue

$4,371,295

CAPITAL LEASE INTEREST

Revenue

$1,975,511

Organization Details

Founding Year

2017

Principal Officer

Emily Kim

Main Address

425 WESTCHESTER AVENUE, BRONX, NY, 10455

NTEE Category

Code: B90 - Education

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