Overview
What is Neighborhood Schools Inc?
Neighborhood Schools Inc, located in Houston, Texas, is a nonprofit organization situated at 3900 Essex Lane. Their primary objective is to assist students at their two partner campuses by addressing their academic, emotional, physical, and social needs. Over the past three years, they have forged partnerships with various non-profits, churches, community groups, and businesses to provide essential resources such as food, holiday gifts, school supplies, and technology to the students and community. Neighborhood Schools Inc's mission is to inspire children from underserved communities to develop a passion for learning and acquire the necessary academic skills and virtues to thrive in life, ultimately aiming to positively transform their communities.
Official website here: www.neighborschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
Neighborhood Schools Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization excels in accountability and finance, scoring a perfect 100% in this category, it falls short in transparency and documentation practices, particularly regarding financial statements and certain governance policies.
The nonprofit demonstrates strong governance, with 100% of board members being independent and maintaining a relatively low liabilities to assets ratio of 41.35%. The program expense ratio is also commendable at 67.70%, suggesting that a significant portion of its resources is directed towards its programs. However, the lack of posted financial statements and insufficient documentation policies raises concerns about overall transparency and accountability to stakeholders.
Feedback highlights the importance of enhancing documentation practices, particularly in terms of financial disclosures and governance policies like the whistleblower program. Addressing these limitations could significantly improve the nonprofit's standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Schools Inc legitimate?
Neighborhood Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Schools 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:
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Official website here: www.neighborschools.org
What is the mission statement of Neighborhood Schools Inc?
Neighborhood Schools Inc's mission is centered around assisting children from underprivileged communities. The organization's primary goal is to inspire a love for learning in these children and help them develop the necessary academic skills and virtues to thrive in life. By doing so, Neighborhood Schools Inc aims to contribute to the transformation of these communities. Over the past three years, the institution has forged partnerships with various non-profit organizations, churches, civil groups, and businesses to provide essential resources such as food, gifts, school supplies, and technology to the students and their community.
Official website here: www.neighborschools.org
Who is the CEO of Neighborhood Schools Inc?
Mike Feinberg is the Chair of Neighborhood Schools Inc.
Official website here: www.neighborschools.org
What is the revenue of Neighborhood Schools Inc?
Neighborhood Schools Inc's revenue in 2023 was $554,721.
Official website here: www.neighborschools.org
Who are the executives of Neighborhood Schools Inc and what are their salaries?
There 30 volunteers at Neighborhood Schools Inc.
Here are 5 key members and their salaries:
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Official website here: www.neighborschools.org
Where can I find the form 990 for Neighborhood Schools Inc?
Neighborhood Schools Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.neighborschools.org
Learn more at the official website: www.neighborschools.org
Mission Statement of Neighborhood Schools Inc
Neighborhood Schools Inc, a nonprofit organization, is committed to guiding children hailing from under-served communities. Their mission is to foster a love for learning within these children and help them develop the necessary academic skills and virtues to thrive in life. By doing so, Neighborhood Schools Inc aims to contribute to the transformation of these communities. To achieve this mission, the nonprofit has established partnerships with various entities, including non-profits, churches, civic groups, and businesses. Through these collaborations, Neighborhood Schools Inc provides essential resources such as food, holiday gifts, school supplies, and technology to both the students and their communities. The ultimate goal is to support the holistic development of the children, addressing their academic, mental, physical, and social needs.
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Impact
July, 2024
Neighborhood Schools Inc has a significant impact on the under-served communities in Houston, Texas. By guiding children to love learning and develop the academic skills and virtues needed for success in life, NSI is transforming not only the lives of the students but also the communities they are a part of. Through partnerships with over 20 non-profits, churches, civil groups, and businesses, NSI provides essential support such as food, holiday gifts, school supplies, and technology to meet the academic, mental, physical, and social needs of students. This comprehensive approach demonstrates NSI's dedication to ensuring that every child has the opportunity to thrive and succeed, ultimately making a positive impact on the community as a whole.
This information is meant to be a general summary of Neighborhood Schools 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 2023.
- Investment Income: $1,894
- Program Service Revenue: $40,778
- Gross Receipts: $554,721
Assets and Liabilities:
- Total Assets: $244,259
- Total Liabilities: $101,021
- Net Assets: $143,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting services
Revenue
$10,904
Program service income
Revenue
$7,759
Sales of product
Revenue
$22,115
Organization Details
Founding Year
2018
Phone
(832) 308-0521Principal Officer
Mike Feinberg
Main Address
3900 Essex Lane, Houston, TX, 77027
Website
www.neighborschools.orgNTEE Category
Code: B29 - Education
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