Overview
What is Friends Of Emblaze Academy Charter School Inc?
Friends of Emblaze Academy Charter School Inc, based in Bronx, New York, serves as a supportive entity for Emblaze Charter School. Their primary role involves leasing a facility to the charter school, providing necessary space for educational activities. Furthermore, Friends of Emblaze may extend some financial aid to Emblaze Charter School to enhance its operational capabilities. This nonprofit organization's mission underscores its commitment to contributing to the success of Emblaze Charter School and the students it serves.
Official website here: www.emblazeacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Friends of Emblaze Academy Charter School Inc has received a two-star rating from Charity Navigator, with an overall score of 62%. The organization demonstrates strong accountability and finance practices, achieving a perfect score in that category. Notably, it has a fully independent board and maintains effective conflict of interest and whistleblower policies, indicating a commitment to oversight and ethical governance.
However, the organization faces significant challenges in transparency, as it lacks financial statements and fails to post its tax forms on its website. These gaps have contributed to low scores in several key areas, including the liabilities to assets ratio and document retention policies. While the high program expense ratio suggests that funds are being directed towards programs, these limitations in financial reporting may raise concerns for potential donors.
In summary, while Friends of Emblaze Academy Charter School Inc shows strengths in governance and program expenditure, its overall rating reflects the need for improved transparency and financial documentation to bolster trust and credibility among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Emblaze Academy Charter School Inc legitimate?
Friends Of Emblaze Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Emblaze Academy Charter School 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.emblazeacademy.org
What is the mission statement of Friends Of Emblaze Academy Charter School Inc?
The mission of Friends Of Emblaze Academy Charter School Inc, as per their description, revolves around leasing a facility to Emblaze Charter School and potentially providing some financial aid. This organization's role is primarily focused on supporting the educational institution, Emblaze Charter School. While they do not have a publicly declared mission statement that outlines broader goals or objectives, their actions can be inferred to be centered around facilitating Emblaze Charter School's operations and providing financial assistance where necessary.
Official website here: www.emblazeacademy.org
Who is the CEO of Friends Of Emblaze Academy Charter School Inc?
Michael B Ronan is the Chair of Friends Of Emblaze Academy Charter School Inc.
Official website here: www.emblazeacademy.org
What is the revenue of Friends Of Emblaze Academy Charter School Inc?
Friends Of Emblaze Academy Charter School Inc's revenue in 2022 was $2,052,618.
Official website here: www.emblazeacademy.org
Who are the executives of Friends Of Emblaze Academy Charter School Inc and what are their salaries?
There 4 volunteers at Friends Of Emblaze Academy Charter School Inc.
Here are 5 key members and their salaries:
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Official website here: www.emblazeacademy.org
Where can I find the form 990 for Friends Of Emblaze Academy Charter School Inc?
Friends Of Emblaze Academy Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emblazeacademy.org
Learn more at the official website: www.emblazeacademy.org
Mission Statement of Friends Of Emblaze Academy Charter School Inc
Friends of Emblaze Academy Charter School Inc plays a vital role in supporting Emblaze Charter School by leasing a facility to them and offering some financial assistance. This nonprofit organization is committed to assisting Emblaze Charter School in its mission to provide quality education. By leasing a facility, Friends of Emblaze Academy Charter School Inc contributes to the school's infrastructure, enabling it to serve its students effectively. Furthermore, the financial assistance provided by the nonprofit organization helps Emblaze Charter School in managing its resources more efficiently and ensuring that it can continue to deliver high-quality education to its students. Overall, Friends of Emblaze Academy Charter School Inc is an essential partner to Emblaze Charter School, contributing to its success and growth through its facilities and financial support.
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Impact
July, 2024
Friends Of Emblaze Academy Charter School Inc has a significant impact on the educational landscape in Bronx, NY by leasing a facility to Emblaze Charter School. This partnership enables Emblaze Charter School to operate and provide educational services to students in the area. Additionally, Friends Of Emblaze may also offer financial assistance to further support the activities and programs of Emblaze Charter School. Through these efforts, Friends Of Emblaze Academy Charter School Inc plays a crucial role in promoting access to quality education and fostering academic success within the community.
This information is meant to be a general summary of Friends Of Emblaze Academy Charter School 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 2022.
- Program Service Revenue: $2,052,618
- Gross Receipts: $2,052,618
Assets and Liabilities:
- Total Assets: $23,542,955
- Total Liabilities: $22,553,885
- Net Assets: $989,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent
Revenue
$2,052,618
Organization Details
Founding Year
2018
Phone
(929) 388-0011Principal Officer
Michael B Ronan
Main Address
1164 Garrison Avenue, Bronx, NY, 10474
Website
www.emblazeacademy.orgNTEE Category
Code: A11 - Arts
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