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The Charter Institute At Erskine Inc

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

EIN: 823227586 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is The Charter Institute At Erskine Inc?

The Charter Institute at Erskine Inc, located in Columbia, South Carolina, is a nonprofit organization dedicated to empowering families and local communities by authorizing and overseeing the competent operation of high-quality charter schools throughout the state. With a mission to elevate educational opportunities through innovation and creativity, they authorize charter schools that provide unique and effective learning experiences for students. Their team, consisting of 34 employees, is committed to ensuring the success of these institutions.


Official website here: www.erskinecharters.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Three-Star out of Four Stars (83%)

The Charter Institute At Erskine Inc has received a Three-Star rating from Charity Navigator, demonstrating a solid performance with an overall score of 83%. This rating reflects a strong emphasis on Accountability & Finance, which is crucial for maintaining trust with donors and stakeholders. The organization has excelled particularly in governance, with a fully independent board of directors and comprehensive financial oversight.

Strengths of The Charter Institute At Erskine include its robust policies regarding conflict of interest and whistleblower protections, as well as the effective management of its financial resources. The charity has achieved a high program expense ratio of 80%, indicating that a significant portion of its funds is directed towards its mission rather than administrative costs. This focus on transparency and accountability bodes well for its operational integrity.

However, while the organization has demonstrated strong financial practices, the score is derived solely from the Accountability & Finance beacon, which may not capture the full scope of its impact or program effectiveness. Additional evaluations of its programmatic outcomes could provide a more comprehensive view of its overall performance and effectiveness in fulfilling its mission.


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

Is The Charter Institute At Erskine Inc legitimate?

The Charter Institute At Erskine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Charter Institute At Erskine 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: $414,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,799,259

For more financial information, click here


Official website here: www.erskinecharters.org

What is the mission statement of The Charter Institute At Erskine Inc?

The Charter Institute at Erskine is dedicated to granting authorization to high-quality charter schools that enhance educational opportunities through innovation and creativity. By doing so, they aim to elevate the educational landscape, empowering families and local communities across South Carolina. Their mission is geared towards the establishment and competent operation of these schools, ultimately expanding access to quality education for students. Through this endeavor, the Charter Institute at Erskine strives to improve educational prospects and create transformative learning experiences.


Official website here: www.erskinecharters.org

Who is the CEO of The Charter Institute At Erskine Inc?

John Li is the Board Chair of The Charter Institute At Erskine Inc. The CEO's salary of The Charter Institute At Erskine Inc is $186,312 and their total compensation is $205,935.


Official website here: www.erskinecharters.org

What is the revenue of The Charter Institute At Erskine Inc?

The Charter Institute At Erskine Inc's revenue in 2022 was $232,498,588.


Official website here: www.erskinecharters.org

Who are the executives of The Charter Institute At Erskine Inc and what are their salaries?

The average compensation at The Charter Institute At Erskine Inc during 2022 was $65,123. There are 34 employees at The Charter Institute At Erskine Inc.


Here are 9 key members and their salaries (The Charter Institute At Erskine Inc's CEO's salary is $186,312 and their total compensation is $205,935):


Dr Steven Adamson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin O'Connor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stu Rodman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tony Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gordon Query (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Noel Brownlee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Carnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Runyan (Ceo)
  • Compensation: $186,312
  • Related: $0
  • Other: $19,623
Vamshi Rudrapati (Director)
  • Compensation: $155,454
  • Related: $0
  • Other: $19,623


Official website here: www.erskinecharters.org

Where can I find the form 990 for The Charter Institute At Erskine Inc?

The Charter Institute At Erskine Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.erskinecharters.org

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

Mission Statement of The Charter Institute At Erskine Inc

The Charter Institute at Erskine is a mission-driven organization dedicated to authorizing high-quality charter schools across South Carolina. With a focus on innovation and creativity, this institute aims to elevate educational opportunities for families and local communities. By empowering the establishment and competent operation of these charter schools, The Charter Institute at Erskine contributes significantly to enhancing the educational landscape.

The Charter Institute at Erskine's primary goal is to ensure the growth and success of charter schools that provide exceptional learning experiences. Through their rigorous authorization process, they ensure that these schools meet and maintain high standards of academic excellence and operational efficiency. By doing so, they expand educational opportunities for students and families, providing them with the resources and support they need to succeed.

In summary, the Charter Institute at Erskine is a catalyst for change in the education sector. By authorizing high-quality charter schools, they offer innovative and creative solutions to the challenges faced by traditional educational systems. Their commitment to empowering families and local communities through education is at the heart of their mission, making a positive impact on the future of education in South Carolina.

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Impact




October, 2024

The Charter Institute At Erskine Inc plays a crucial role in transforming educational opportunities in South Carolina. By authorizing high-quality charter schools, it fosters innovation and creativity in educational practices, which elevates the standard of education available to students.

This initiative empowers families and local communities, providing them with options that respond to their unique needs and aspirations. Through its focus on establishing and supporting effective charter schools, the Institute enhances access to diverse learning environments, ultimately contributing to improved student outcomes and community engagement in the educational process. Its impact is felt not only in the classroom but also in the broader community, as it cultivates an informed, engaged populace ready to participate in society.




This information is meant to be a general summary of The Charter Institute At Erskine 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
$232,498,588 (2022)
Expenses
$231,678,686 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,758
  • Program Service Revenue: $3,957,793
  • Gross Receipts: $232,498,588

Assets and Liabilities:

  • Total Assets: $23,789,226
  • Total Liabilities: $21,438,476
  • Net Assets: $2,350,750

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$3,957,793

Organization Details

Founding Year

2017

Principal Officer

John Li

Main Address

1201 MAIN STREET 300, COLUMBIA, SC, 29201

NTEE Category

Code: B99 - Education

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