Brooklyn Rise 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: 832905628 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Rise Charter School?

Brooklyn Rise Charter School is a nonprofit institution located at 475 53rd Street, 2nd Floor, Brooklyn, New York 11220. This school caters to approximately 169 students from kindergarten to third grade during the 2021-2022 academic year. The school's mission is to equip its students with the necessary knowledge, habits, and mindsets to achieve academic success, setting them on a path toward college. With a team of 33 employees, the school is dedicated to nurturing its young learners and ensuring their academic growth.


Official website here: www.brooklynrise.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Brooklyn Rise Charter School has earned a Three-Star rating on Charity Navigator, reflecting an accountability and finance score of 81%. This score indicates a solid financial standing and responsible governance practices, with a focus on transparency and ethical management. The school benefits from a fully independent board, ensuring unbiased decision-making and oversight.

The organization showcases strong compliance with various financial and operational standards, including effective conflict of interest and whistleblower policies. Additionally, they have demonstrated sound financial practices, allocating 78.78% of their expenses directly to programs, which is a positive indicator for stakeholders assessing the impact of their funding.

While the overall rating is commendable, potential donors and supporters may want to consider the specific financial compensation for key personnel, as it could influence perceptions of resource allocation. However, the absence of any material diversion of assets highlights the organization's commitment to maintaining integrity in its operations.


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

Is Brooklyn Rise Charter School legitimate?

Brooklyn Rise Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Rise Charter School 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: $145,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,007,263

For more financial information, click here


Official website here: www.brooklynrise.org

What is the mission statement of Brooklyn Rise Charter School?

Brooklyn Rise Charter School's mission is focused on cultivating the necessary knowledge, habits, and mindsets for academic success among kindergarten to 5th grade students, ensuring they are on a path towards higher education. The school's mission is to build a strong foundation for these young learners, setting them up for future academic accomplishments. By fostering an environment conducive to learning, Brooklyn Rise Charter School aims to prepare its students for college and beyond. During the 2021-2022 academic year, the school provided education to approximately 169 students from kindergarten through third grade.


Official website here: www.brooklynrise.org

Who is the CEO of Brooklyn Rise Charter School?

Cary Finnegan is the Principal Officer of Brooklyn Rise Charter School.


Official website here: www.brooklynrise.org

What is the revenue of Brooklyn Rise Charter School?

Brooklyn Rise Charter School's revenue in 2022 was $5,047,806.


Official website here: www.brooklynrise.org

Who are the executives of Brooklyn Rise Charter School and what are their salaries?

The average compensation at Brooklyn Rise Charter School during 2022 was $65,247. There are 33 employees and 6 volunteers at Brooklyn Rise Charter School.


Here are 7 key members and their salaries:


Cary Rothschild (Head Of School)
  • Compensation: $136,986
  • Related: $0
  • Other: $13,938
Danyela Souza Egorov (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chrstina Hu (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Herbst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Han (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bianca Cabrera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Go (Trustee (Thru Aug 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brooklynrise.org

Where can I find the form 990 for Brooklyn Rise Charter School?

Brooklyn Rise Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brooklynrise.org

Learn more at the official website: www.brooklynrise.org

Mission Statement of Brooklyn Rise Charter School

Brooklyn Rise Charter School is committed to fostering the necessary knowledge, habits, and mindsets in its kindergarten to 5th grade students, ensuring they are on a path towards higher education. The school's mission is to equip these young learners with the essential tools required for academic success. By doing so, Brooklyn Rise Charter School aims to set its students on a course that ultimately leads to college.

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Impact




July, 2024

Brooklyn Rise Charter School's impact can be seen in the academic success it fosters among its students. By focusing on building knowledge, habits, and mindsets for success, the school ensures that all students from Kindergarten through 5th grade are on the path to college. In the 2021-2022 academic year, Brooklyn Rise Charter School provided education to approximately 169 students, setting the foundation for their future educational journeys. The school's dedication to preparing students for higher education and academic achievement underscores its significant impact on shaping the lives and futures of its young learners.




This information is meant to be a general summary of Brooklyn Rise Charter School. 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
$5,047,806 (2022)
Expenses
$4,450,585 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $3,946,763
  • Gross Receipts: $5,047,806

Assets and Liabilities:

  • Total Assets: $2,059,005
  • Total Liabilities: $435,505
  • Net Assets: $1,623,500

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Programs

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

GOV'T PER-PUPIL - GEN.

Revenue

$3,288,763

GOV'T PER-PUPIL - FACI

Revenue

$658,000

Organization Details

Founding Year

2018

Principal Officer

Cary Finnegan

Main Address

475 53RD STREET 2ND FLOOR, BROOKLYN, NY, 11220

NTEE Category

Code: B29 - Education

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