Overview
What is Collegiate Edu-Nation?
Collegiate Edu-Nation is a nonprofit organization dedicated to offering educational support to independent school districts. They accomplish this by serving as the operator of in-district charter schools and campuses. Their mission encompasses providing a diverse array of educational services, aiming to strengthen the educational landscape within these districts.
Official website here: www.edu-nation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star Rating
Collegiate Edu-Nation has received a 78% rating from Charity Navigator, which indicates a solid level of accountability and finance management. The rating is based solely on their Accountability & Finance score, reflecting the organization's commitment to transparency and responsible financial practices. Notably, the organization has a fully independent board, with all 13 members meeting independence standards, and has demonstrated effective financial oversight with no material diversion of assets reported.
Strengths of Collegiate Edu-Nation include a commendable fundraising efficiency ratio and a low liabilities-to-assets ratio, showcasing their ability to generate funds effectively while maintaining a healthy financial position. However, the organization has room for improvement, particularly in the areas of governance policies, as they lack a whistleblower policy, document retention policy, and do not provide board meeting minutes. These omissions may raise concerns about internal accountability practices.
Additionally, while the program expense ratio is on the lower side at 51.07%, suggesting that a smaller portion of their funds is going directly to programs compared to other expenses, their overall financial health is reinforced by a significant working capital ratio of 1.06 years. This indicates that they have sufficient resources to cover their obligations, making them a relatively stable nonprofit within their sector.
This AI summary has been generated from information found on Charity Navigator.
Is Collegiate Edu-Nation legitimate?
Collegiate Edu-Nation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate Edu-Nation 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: $145,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,224,823
For more financial information, click here
Official website here: www.edu-nation.org
What is the mission statement of Collegiate Edu-Nation?
Collegiate Edu-Nation's mission is centered around providing educational services and support to independent school districts. They accomplish this by operating in-district charter schools and campuses. Their primary objective is to strengthen the educational sector within these districts, contributing to a well-rounded educational experience for students. Their programs encompass a variety of educational services, aiming to support the overall growth and development of the students and the school districts they serve.
Official website here: www.edu-nation.org
Who is the CEO of Collegiate Edu-Nation?
Kimalexander is the CEO of Collegiate Edu-Nation The CEO's salary of Collegiate Edu-Nation is $145,600 and their total compensation is $145,600.
Official website here: www.edu-nation.org
What is the revenue of Collegiate Edu-Nation?
Collegiate Edu-Nation's revenue in 2023 was $2,912,603.
Official website here: www.edu-nation.org
Who are the executives of Collegiate Edu-Nation and what are their salaries?
The average compensation at Collegiate Edu-Nation during 2023 was $68,521. There are 20 employees at Collegiate Edu-Nation.
Here are 15 key members and their salaries (Collegiate Edu-Nation's CEO's salary is $145,600 and their total compensation is $145,600):
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Official website here: www.edu-nation.org
Where can I find the form 990 for Collegiate Edu-Nation?
Collegiate Edu-Nation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edu-nation.org
Learn more at the official website: www.edu-nation.org
Mission Statement of Collegiate Edu-Nation
Collegiate Edu-Nation, as a nonprofit organization, is committed to providing educational services and support to independent school districts. They fulfill this mission by operating in-district charter schools and campuses. Their primary goal is to enhance the educational landscape within these districts by offering a variety of educational support services. These services aim to complement and strengthen the educational infrastructure of the districts, thereby contributing to the overall development of students. By serving as the operator of these charter schools, Collegiate Edu-Nation seeks to foster a conducive learning environment that caters to the unique needs of each district.
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Impact
July, 2024
Collegiate Edu-Nation's impact lies in its unique approach to providing educational services and support to independent school districts. By serving as the operator of in-district charter schools/campuses, Collegiate Edu-Nation is able to offer a range of educational programs aimed at enhancing the overall learning experience for students. Through its mission to provide dedicated support to independent school districts, Collegiate Edu-Nation is actively contributing to the improvement of educational opportunities in its community.
This information is meant to be a general summary of Collegiate Edu-Nation. 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: $19,039
- Program Service Revenue: $1,223,162
- Gross Receipts: $2,912,603
Assets and Liabilities:
- Total Assets: $1,605,609
- Total Liabilities: $1,050,498
- Net Assets: $555,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,223,162
Organization Details
Founding Year
2018
Principal Officer
Kimalexander
Website
www.edu-nation.orgNTEE Category
Code: B80 - Education
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