Creswell Charter Board Incorporated

Pocosin Innovative 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: 830765130 ✦ Creswell, NC ✦ Designated as a 501(c)(3)

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Overview

What is Creswell Charter Board Incorporated?

Creswell Charter Board Incorporated is a nonprofit organization primarily focused on managing Pocosin Innovative Charter School, a public educational institution situated in Creswell, North Carolina. The school serves around 136 students annually, as per the data from June 30, 2020. The organization's primary mission is to operate this charter school, fostering an educational environment that caters to the needs of its students.


Official website here: www.pocosininnovative.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)

Creswell Charter Board Incorporated has achieved a strong rating of 88%, which reflects its commitment to accountability and financial management. The score is based entirely on its Accountability & Finance, indicating a solid operational framework. The organization excels in having a fully independent board, with all eight members meeting the independence criteria, and demonstrates effective financial oversight.

The nonprofit shows a commendable program expense ratio of 73.94%, suggesting that a significant portion of its expenses is directed towards its programs, which is a positive indicator of its mission-driven focus. Additionally, the absence of any material diversion of assets speaks to its integrity in managing resources.

However, there are areas for improvement, notably in the lack of a whistleblower policy and document retention and destruction procedures. Addressing these gaps could enhance its governance practices and further strengthen its accountability framework. Overall, Creswell Charter Board Incorporated demonstrates a robust commitment to transparency and effective resource allocation.


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

Is Creswell Charter Board Incorporated legitimate?

Creswell Charter Board Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creswell Charter Board Incorporated 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: $1,208,103

For more financial information, click here


Official website here: www.pocosininnovative.com/

What is the mission statement of Creswell Charter Board Incorporated?

Creswell Charter Board Incorporated's mission is centered around the operation of a public charter school. Specifically, the entity is dedicated to serving its student population through the establishment and management of Pocosin Innovative Charter School. This school, located in an unspecified location, serves approximately 136 students annually, as reported for the year ending June 30, 2020. However, the mission statement itself does not explicitly state the educational objectives or values that guide the school's operations. Consequently, without additional information, it is challenging to provide a more detailed summary of Creswell Charter Board Incorporated's mission statement.


Official website here: www.pocosininnovative.com/

Who is the CEO of Creswell Charter Board Incorporated?

Stephanie Phelps is the Chair of Creswell Charter Board Incorporated.


Official website here: www.pocosininnovative.com/

What is the revenue of Creswell Charter Board Incorporated?

Creswell Charter Board Incorporated's revenue in 2022 was $3,219,812.


Official website here: www.pocosininnovative.com/

Who are the executives of Creswell Charter Board Incorporated and what are their salaries?

The average compensation at Creswell Charter Board Incorporated during 2022 was $23,688. There are 51 employees at Creswell Charter Board Incorporated.


Here are 7 key members and their salaries:


Stephanie Phelps (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Davenport (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Harrison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Biggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Davenport (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn West (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Blount (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pocosininnovative.com/

Where can I find the form 990 for Creswell Charter Board Incorporated?

Creswell Charter Board Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pocosininnovative.com/

Learn more at the official website: www.pocosininnovative.com/

Mission Statement of Creswell Charter Board Incorporated

Creswell Charter Board Incorporated, as a nonprofit entity, is dedicated to the operation of a public charter school. This organization, specifically, oversees Pocosin Innovative Charter School, which serves around 136 students annually. The mission of Creswell Charter Board Incorporated, through its management of Pocosin Innovative Charter School, is to provide quality education to its students. By operating as a public charter school, this nonprofit aims to provide a unique learning environment that caters to the needs and interests of its students, fostering their academic growth and personal development.

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Impact




July, 2024

The impact of Creswell Charter Board Incorporated, through its operation of Pocosin Innovative Charter School, is significant in providing quality education to approximately 136 students in Creswell, North Carolina. By offering a unique educational experience within a public charter school setting, the organization is directly contributing to the academic development and growth of its students. This impact extends to the local community by providing an alternative educational option and fostering a culture of innovation and learning.




This information is meant to be a general summary of Creswell Charter Board Incorporated. 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
$3,219,812 (2022)
Expenses
$2,677,725 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,810,568
  • Gross Receipts: $3,219,812

Assets and Liabilities:

  • Total Assets: $2,780,249
  • Total Liabilities: $1,445,073
  • Net Assets: $1,335,176

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Programs

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

State Funding

Revenue

$2,491,208

Local Education Agencies

Revenue

$274,977

Other Program Revenues

Revenue

$35,143

Before and After School

Revenue

$9,240

Organization Details

Founding Year

2018

Principal Officer

Stephanie Phelps

Main Address

500 1st St, Creswell, NC, 27928

NTEE Category

Code: B29 - Education

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