Overview
What is Steele Creek Charter Education Foundation Inc?
Steele Creek Charter Education Foundation Inc is a North Carolina-based nonprofit organization, comprising esteemed leaders committed to offering top-tier educational options for North Carolina's students and families. The foundation, located at 2200 Shopton Road, Charlotte, NC 28217, supports Steele Creek Preparatory Academy, a tuition-free public charter school serving students from kindergarten to eighth grade. The foundation's mission is to create a rigorous, personalized learning environment that fosters strong academic and critical thinking skills, ultimately preparing students for future college and career opportunities. The organization is dedicated to delivering high-quality educational choices to North Carolina's young learners.
Official website here: www.steelecreekprep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Steele Creek Charter Education Foundation Inc has received a two-star rating from Charity Navigator, indicating significant areas that require improvement. The overall score of 64% reflects a mixed performance in accountability and financial health, with some strengths such as having a fully independent board and compliance with various governance policies.
The foundation has demonstrated strong practices in board independence and financial oversight, achieving full points for its audit and oversight committee and policies addressing conflicts of interest. However, it falls short in several critical areas, including the absence of a whistleblower policy and failure to post tax forms on its website, which are essential for transparency and accountability.
Financially, the organization faces challenges with a high liabilities-to-assets ratio of 112.04%, which raises concerns about its financial stability. The program expense ratio stands at 59.60%, suggesting that a significant portion of its expenses may not be directed towards its programs, which could impact its effectiveness and credibility among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Steele Creek Charter Education Foundation Inc legitimate?
Steele Creek Charter Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steele Creek Charter Education Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,053,651
For more financial information, click here
Official website here: www.steelecreekprep.org
What is the mission statement of Steele Creek Charter Education Foundation Inc?
The Steele Creek Charter Education Foundation is a North Carolina-based non-profit organization dedicated solely to educational purposes. Comprised of esteemed leaders in the state, its mission is to offer high-quality educational options to students and families in North Carolina. The foundation promotes a rigorous and personalized learning environment at Steele Creek Preparatory Academy, fostering strong foundations in academic and critical thinking skills. This educational approach prepares students for future opportunities in college and career readiness.
Official website here: www.steelecreekprep.org
Who is the CEO of Steele Creek Charter Education Foundation Inc?
Matthew Ridenhour is the President of Steele Creek Charter Education Foundation Inc.
Official website here: www.steelecreekprep.org
What is the revenue of Steele Creek Charter Education Foundation Inc?
Steele Creek Charter Education Foundation Inc's revenue in 2022 was $6,315,200.
Official website here: www.steelecreekprep.org
Who are the executives of Steele Creek Charter Education Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
- 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.steelecreekprep.org
Where can I find the form 990 for Steele Creek Charter Education Foundation Inc?
Steele Creek Charter Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steelecreekprep.org
Learn more at the official website: www.steelecreekprep.org
Mission Statement of Steele Creek Charter Education Foundation Inc
Steele Creek Charter Education Foundation, a North Carolina-based not-for-profit organization, is committed to advancing educational opportunities for students and families within the state. Comprised of esteemed leaders, the foundation aims to provide high-quality educational options in a rigorous and personalized learning environment. The goal is to build strong foundations of academic and critical thinking skills, ultimately leading to prospects for college and career readiness for the students. The mission of Steele Creek Charter Education Foundation is to empower the young minds of North Carolina, fostering an environment that nurtures academic growth and prepares them for future success.
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
Steele Creek Charter Education Foundation Inc's impact can be seen in the educational opportunities it provides to students and families in North Carolina. Through Steele Creek Preparatory Academy, a tuition-free public charter school, students in grades K-8 are able to learn in a rigorous and personalized environment. The foundation's mission, supported by respected leaders in the state, aims to equip students with strong academic and critical thinking skills, setting them on the path towards college and career readiness. This commitment to high-quality education is making a tangible difference in the lives of young learners, offering them opportunities for a brighter future.
This information is meant to be a general summary of Steele Creek Charter Education Foundation 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: $423,428
- Gross Receipts: $6,315,200
Assets and Liabilities:
- Total Assets: $12,318,056
- Total Liabilities: $13,421,438
- Net Assets: -$1,103,382
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.
FOOD SERVICE
Revenue
$333,050
BEFORE AND AFTERCARE
Revenue
$90,378
Organization Details
Founding Year
2017
Phone
(980) 243-5580Principal Officer
Matthew Ridenhour
Main Address
2200 SHOPTON ROAD, CHARLOTTE, NC, 28217
Website
www.steelecreekprep.orgNTEE Category
Code: B24 - Education
If you are a representative of Steele Creek Charter Education Foundation 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.