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Believe Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833062439 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Believe Schools Inc?

Believe Schools Inc, located at 2540 N CAPITAL AVENUE, Indianapolis, IN, 46202, is a nonprofit organization that operates Believe Circle City High School. This public college and career preparatory high school, primarily serving the Indianapolis area, is committed to fostering student leadership. By nurturing their agency, autonomy, and acceleration, the school aims to establish a solid foundation for future independence and success. Since its inception in 2020, the school has experienced significant growth, nearly tripling its student enrollment from the initial 55 to approximately 130 students. With a dedicated workforce of 26 employees, Believe Schools Inc remains dedicated to the advancement of its students.


Official website here: www.believeschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%

Believe Schools Inc has received a Three-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 77%. This rating is based solely on their Accountability & Finance metrics, highlighting the organization's commitment to transparency and responsible financial management. The charity's strong performance in areas such as having a fully independent board and comprehensive financial oversight demonstrates a solid foundation for trustworthiness.

The organization excels in its accountability practices, earning full scores for its independent board members, audit oversight, and conflict of interest policies. These strengths suggest that Believe Schools Inc is dedicated to good governance and ethical standards. Additionally, their program expense ratio indicates a significant portion of resources being directed towards their mission, which is a positive sign for potential donors.

However, the organization did not score well on its liabilities to assets ratio, which may indicate financial challenges that could impact its operations. While the high program expense ratio is encouraging, potential donors should consider the financial stability of the organization as part of their decision-making process. Overall, Believe Schools Inc shows promise in its governance but should address its financial health moving forward.


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

Is Believe Schools Inc legitimate?

Believe Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believe 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:

Executive Compensation: $400,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,671,615

For more financial information, click here


Official website here: www.believeschools.org

What is the mission statement of Believe Schools Inc?

Believe Schools Inc's mission is centered around the development of students into leaders. This is achieved through a community that fosters their agency, autonomy, and acceleration, providing a solid foundation for future independence and success. The educational institution, dedicated to students in a specific area, aims to nurture future leaders. The community's role is crucial in this process, as it encourages students to take control of their learning and growth, ultimately preparing them for self-sufficiency and success. As of now, Believe Schools Inc has seen significant growth, nearly tripling its student enrollment since its inception in 2020.


Official website here: www.believeschools.org

What is the revenue of Believe Schools Inc?

Believe Schools Inc's revenue in 2024 was $5,054,208.


Official website here: www.believeschools.org

Who are the executives of Believe Schools Inc and what are their salaries?

The average compensation at Believe Schools Inc during 2024 was $54,516. There are 38 employees and 9 volunteers at Believe Schools Inc.

Here are 12 key members and their salaries:


Kimberly Neal-Brannum (Executive Director)
  • Compensation: $154,736
  • Related: $0
  • Other: $6,406
Kaitlyn Reimer (Chief Academic Officer)
  • Compensation: $113,139
  • Related: $0
  • Other: $3,394
Patrick Jones (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haley Harshman (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latonya Turner (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Fulk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marques Whitmire (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bunmi Akintomide (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Bennin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Dennis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christl Glier (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Hervey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.believeschools.org

Where can I find the form 990 for Believe Schools Inc?

Believe Schools Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.believeschools.org

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

Mission Statement of Believe Schools Inc

Believe Schools Inc, with its flagship Believe Circle City High School, is committed to the growth and development of students in the Indianapolis area. Their mission is to cultivate leaders by creating an environment that fosters the students' agency, autonomy, and acceleration, laying a solid foundation for future independence and success. This mission is achieved by nurturing the students, providing them with the tools and support necessary to become self-reliant individuals who can excel in their chosen careers.

Since its inception in 2020, Believe Schools Inc has experienced significant growth, nearly tripling its student enrollment. Starting with approximately 55 students, the school now serves over 130 students, demonstrating its effectiveness in fulfilling its mission. The school's focus on developing leaders is evident in its dedication to providing a supportive and empowering learning environment, where students can thrive and reach their full potential.

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Impact




July, 2024

Believe Schools Inc's impact can be seen through the growth and development of Believe Circle City High School in Indianapolis. Since its establishment in 2020, the school has nearly tripled its student enrollment, from around 55 students to approximately 130 students. Through its mission of developing students into leaders by fostering agency, autonomy, and acceleration, Believe Circle City High School is providing a foundation for future independence and success for students in the Indianapolis area. This growth and commitment to student achievement reflect the positive impact Believe Schools Inc is making in the education sector.




This information is meant to be a general summary of Believe 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.

Revenue
$5,054,208 (2024)
Expenses
$5,898,603 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $151
  • Program Service Revenue: $24,219
  • Gross Receipts: $5,054,208

Assets and Liabilities:

  • Total Assets: $3,708,160
  • Total Liabilities: $3,106,908
  • Net Assets: $601,252

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Programs

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

STUDENT FEES

Revenue

$24,219

Organization Details

Founding Year

2018

Principal Officer

Kimberly Neal-Brannum

NTEE Category

Code: B29 - Education

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