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Key Collegiate Charter School

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

EIN: 824747474 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Key Collegiate Charter School?

Key Collegiate Charter School is a nonprofit institution situated in Brooklyn, New York, specifically at 257 Chester Street. Its primary mission is to provide educational instruction to students in grades 4-8 in a safe, supportive, and intellectually engaging environment. The school serves a total of 109 students, with 28 of them having special needs, who receive specialized education. The school is committed to student success, ensuring that students from diverse backgrounds acquire the academic skills, professional habits, and personal drive necessary to excel in high schools and colleges of their choice. Key Collegiate Charter School believes in a rigorous, engaging curriculum, frequent data-driven assessments, literacy-intensive learning, a structured and joyful culture, community partnerships, and developing professional habits for college and career success. The school employs a team of 39 individuals to accomplish its mission.


Official website here: www.keycollegiate.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating from Charity Navigator)

Key Collegiate Charter School has earned a commendable Four-Star rating, reflecting strong performance in accountability and finance. The organization showcases a robust commitment to transparency, evidenced by its perfect score in areas such as having a majority of independent board members and the absence of asset diversion. This high rating is crucial, as it provides donors with confidence in the nonprofit's management and fiscal responsibility.

The school maintains a high level of program expenses, with over 78% of its expenditures directed towards its educational initiatives. Such a focus on program spending highlights the organization's dedication to providing quality education and resources for its students. Additionally, the presence of comprehensive policies regarding conflicts of interest and whistleblower protection further underscores its commitment to ethical governance.

However, while the financial indicators appear strong, the reported salary of the School Director, Renisha Pierre, at $163,741 may raise questions about administrative compensation in relation to other operational costs. Overall, Key Collegiate Charter School's financial health and governance practices present a positive image, but stakeholders may wish to consider the balance between administrative costs and educational investments.


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

Is Key Collegiate Charter School legitimate?

Key Collegiate Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Collegiate Charter School 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: $204,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,774,867

For more financial information, click here


Official website here: www.keycollegiate.org/

What is the mission statement of Key Collegiate Charter School?

Key Collegiate Charter School, in its mission, strives to ensure the academic success of students in grades 4 through 8. The school believes that every student, regardless of their socioeconomic background, race, zip code, or home language, has the potential to excel with a rigorous, college-preparatory education. To achieve this, Key Collegiate employs a curriculum that is engaging and differentiated, with frequent data-driven assessments, analyses, and actions. The school also emphasizes literacy, setting students up to become lifelong learners. The learning environment is structured and joyful, fostering student achievement. Key Collegiate values partnerships with families and the community to create a united support system. The school focuses on developing professional habits in students, preparing them for college and career success. High-quality teaching at Key Collegiate results in strong academic gains and achievements.


Official website here: www.keycollegiate.org/

Who is the CEO of Key Collegiate Charter School?

Renisha Pierre is the School Director of Key Collegiate Charter School.


Official website here: www.keycollegiate.org/

What is the revenue of Key Collegiate Charter School?

Key Collegiate Charter School's revenue in 2022 was $3,893,383.


Official website here: www.keycollegiate.org/

Who are the executives of Key Collegiate Charter School and what are their salaries?

The average compensation at Key Collegiate Charter School during 2022 was $50,747. There are 39 employees and 9 volunteers at Key Collegiate Charter School.


Here are 9 key members and their salaries:


Romy Drucker (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Russo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Carroll (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Cali (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcnally (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Manket (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Henriquez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Mazer (Executive Director (Thru July 2021))
  • Compensation: $112,525
  • Related: $0
  • Other: $19,500
Renisha Pierre (School Director)
  • Compensation: $124,574
  • Related: $0
  • Other: $13,645


Official website here: www.keycollegiate.org/

Where can I find the form 990 for Key Collegiate Charter School?

Key Collegiate Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.keycollegiate.org/

Learn more at the official website: www.keycollegiate.org/

Mission Statement of Key Collegiate Charter School

Key Collegiate Charter School is committed to ensuring the academic success of its students in grades 4 through 8. It believes that every student, regardless of their socioeconomic background, race, zip code, or home language, has the potential to excel with the right education. To achieve this, Key Collegiate adheres to several principles.

Firstly, it employs a rigorous and engaging curriculum, supplemented with differentiated supports, to cater to the diverse learning needs of its students. Secondly, it emphasizes the importance of frequent data-driven assessments, analyses, and actions to enhance learning. Thirdly, it places a strong emphasis on literacy, recognizing that a literacy-intensive curriculum prepares students to become lifelong learners. Fourthly, Key Collegiate cultivates a structured and joyful culture, which it believes is essential for fostering student achievement.

In addition, Key Collegiate recognizes the value of partnerships with families and the community in creating a united support system. It also prioritizes the development of professional habits in its students, as it believes this prepares them for college and career success. Lastly, Key Collegiate believes that high-quality teaching is crucial in producing strong academic gains and results. In summary, Key Collegiate Charter School is dedicated to providing a comprehensive, rigorous education that equips its students with the skills and habits necessary to excel in high school and beyond.

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Impact




July, 2024

Key Collegiate Charter School's impact can be seen in the academic success and personal growth of its students. Through a rigorous, college preparatory curriculum and differentiated supports, Key Collegiate ensures that every student, regardless of background, can excel. By focusing on data-driven assessment, a literacy-intensive curriculum, and the development of professional habits, the school prepares students for future success in high school and college.

Additionally, Key Collegiate fosters a structured and joyful culture that sets the foundation for student achievement. By creating partnerships with families and the community, the school provides a united support system for its students. The high-quality teaching at Key Collegiate produces strong academic gains and results, empowering students to become lifelong learners and reach their full potential.

Overall, Key Collegiate Charter School's impact is evident in the transformation of its students into motivated, successful individuals ready to excel in higher education and beyond.




This information is meant to be a general summary of Key Collegiate Charter School. 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
$3,893,383 (2022)
Expenses
$5,062,976 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $485
  • Program Service Revenue: $2,858,617
  • Gross Receipts: $3,893,383

Assets and Liabilities:

  • Total Assets: $2,784,774
  • Total Liabilities: $1,467,118
  • Net Assets: $1,317,656

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Programs

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

STATE AND LOCAL PER PU

Revenue

$2,304,461

RENTAL ASSISTANCE

Revenue

$553,199

MISCELLANEOUS INCOME

Revenue

$957

Organization Details

Founding Year

2017

Principal Officer

Renisha Pierre

Main Address

257 CHESTER STREET, BROOKLYN, NY, 11212

NTEE Category

Code: B29 - Education

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