Overview
What is Center For Applied Science & Technology Network?
The Center for Applied Science & Technology Network is a San Antonio, Texas-based nonprofit organization, located at PO Box 90389. Their primary mission is to revolutionize education by establishing tuition-free public schools that cater to high-demand, high-wage industries. This network, open to all Bexar County students, comprises several schools like CAST Tech, CAST TEACH, CAST STEM, CAST MED, CAST LEAD, and the Advanced Learning Academy. These schools are collaboratively designed with industries and partner with local public school districts, such as Northside, San Antonio, Southwest, and East Central ISDs. The organization's objective is to provide students with ample opportunities for higher education, careers, and personal growth. For more details, visit their website, castschools.com.
Official website here: www.castschools.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Center For Applied Science & Technology Network has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial health. With an overall score of 81%, the organization demonstrates strong governance through an independent board composed entirely of independent members and effective financial oversight mechanisms, such as a thorough audit and conflict of interest policies.
Strengths include a high program expense ratio of 84.76%, which shows that a significant portion of its expenditures directly supports its mission. Additionally, fundraising efficiency is outstanding, with no costs associated with fundraising reported, suggesting that the organization maximizes the impact of donations received. Key policies regarding whistleblower protection and document retention are also in place, reflecting good operational practices.
However, there are some limitations noted, particularly in the organization's working capital ratio, which stands at only 0.16 years. This suggests potential challenges in short-term financial stability, as a low working capital ratio could impact the organization’s ability to meet immediate financial obligations. Despite this, the lack of any material diversion of assets indicates sound financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Applied Science & Technology Network legitimate?
Center For Applied Science & Technology Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Applied Science & Technology Network 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: $443,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,199
For more financial information, click here
Official website here: www.castschools.com
What is the mission statement of Center For Applied Science & Technology Network?
The Center for Applied Science & Technology Network operates a network of industry-focused schools, offering tuition-free education to students in the San Antonio region. Its mission is to revolutionize the educational experience, providing ample opportunities for students while preparing them for higher education, careers, and life. Open to all Bexar County students, the network includes schools such as CAST Tech, CAST Teach, CAST STEM, CAST Med, CAST LEAD, and the Advanced Learning Academy. These schools collaborate with local public school districts and industry partners to provide a unique learning experience, tailored to equip students with the necessary skills for their future endeavors. For more information, visit the Center for Applied Science & Technology Network's website at castschools.com.
Official website here: www.castschools.com
Who is the CEO of Center For Applied Science & Technology Network?
Jeanne Russell is the Executive Director of Center For Applied Science & Technology Network.
Official website here: www.castschools.com
What is the revenue of Center For Applied Science & Technology Network?
Center For Applied Science & Technology Network's revenue in 2022 was $2,472,321.
Official website here: www.castschools.com
Who are the executives of Center For Applied Science & Technology Network and what are their salaries?
The average compensation at Center For Applied Science & Technology Network during 2022 was $106,336. There are 8 employees and 2 volunteers at Center For Applied Science & Technology Network.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $409,422
- Other: $28,022
- Compensation: $165,317
- Related: $0
- Other: $8,061
- Compensation: $117,624
- Related: $0
- Other: $5,639
- Compensation: $84,721
- Related: $0
- Other: $40,183
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.castschools.com
Where can I find the form 990 for Center For Applied Science & Technology Network?
Center For Applied Science & Technology Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.castschools.com
Learn more at the official website: www.castschools.com
Mission Statement of Center For Applied Science & Technology Network
The Center for Applied Science & Technology Network is a network of tuition-free public schools with a mission to revolutionize education, maximizing options for students while preparing them for college, careers, and life. Based on this mission, the center operates several high schools, including CAST Tech, CAST TEACH, CAST STEM, CAST Med, CAST LEAD, and the Advanced Learning Academy. These schools are co-created with industry and partner with local public school districts, such as Northside, San Antonio, Southwest, and East Central ISDs, to provide a comprehensive education that prepares students for future success. The Center for Applied Science & Technology Network is dedicated to reinventing education, ensuring that all Bexar County students have access to top-notch educational opportunities.
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Impact
July, 2024
Center For Applied Science & Technology Network's impact lies in the realm of education, specifically in the San Antonio, TX region. The organization operates a network of industry-focused schools that aim to maximize options for students while preparing them for high-demand, high-wage jobs in the future. By offering tuition-free public schools like CAST Tech, CAST Teach, CAST STEM, CAST Med, CAST Lead, and the Advanced Learning Academy, the organization is reshaping traditional schooling to better equip students for college, career, and life. These schools are co-created with industry experts and partner with local public school districts to provide a comprehensive educational experience. Through their innovative approach to education, Center For Applied Science & Technology Network is making a significant impact in the lives of students in Bexar County and beyond.
This information is meant to be a general summary of Center For Applied Science & Technology Network. 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: $141,754
- Gross Receipts: $2,472,321
Assets and Liabilities:
- Total Assets: $1,744,502
- Total Liabilities: $459,877
- Net Assets: $1,284,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$141,754
Organization Details
Founding Year
2018
Phone
(210) 462-9991Principal Officer
Jeanne Russell
Main Address
PO BOX 90389, SAN ANTONIO, TX, 78209
Website
www.castschools.comNTEE Category
Code: B90 - Education
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