Overview
What is Aeci Charter Schools Network?
Aeci Charter Schools Network is a Bronx, New York-based nonprofit organization with a mission to establish a rigorous college preparatory academic program. By equipping students with essential skills, knowledge, and hands-on experience, Aeci aims to guide them towards higher education and potential careers in computer, engineering, or innovation industries. The network has a team of 150 employees dedicated to this purpose.
Official website here: www.aeci2charterhs.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Aeci Charter Schools Network has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 100% for having a fully independent board, which is critical for unbiased governance. Its financial health is robust, evidenced by a program expense ratio of 83.43%, indicating that a significant majority of its expenses are directed towards programs rather than administrative costs.
The integrity and oversight of Aeci Charter Schools Network are further highlighted by their comprehensive financial practices, including a fully functional audit and oversight committee and documented policies on conflicts of interest and whistleblowing. The low liabilities to assets ratio of 34.99% suggests sound financial management and sustainability, which is reassuring for donors and stakeholders.
Overall, Aeci Charter Schools Network demonstrates exemplary transparency and financial responsibility, making it a trustworthy organization to support. While no specific limitations were noted in the user feedback, the high score indicates a well-managed organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Aeci Charter Schools Network legitimate?
Aeci Charter Schools Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aeci Charter Schools Network 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: $684,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,047,517
For more financial information, click here
Official website here: www.aeci2charterhs.org
What is the mission statement of Aeci Charter Schools Network?
The Aeci Charter Schools Network is committed to establishing a rigorous college preparatory academic program that equips students with the essential skills, knowledge, and practical experience necessary for higher education or a career in computer, engineering, or innovation industries. The mission of Aeci Charter Schools Network is geared towards empowering students to pursue a successful path towards college or a professional future in the aforementioned fields. The organization strives to provide students with the necessary foundation to unlock their potential and reach their goals. Through their academic curriculum and practical experiences, Aeci Charter Schools Network aims to foster a learning environment that fuels students' passion for knowledge and innovation.
Official website here: www.aeci2charterhs.org
Who is the CEO of Aeci Charter Schools Network?
Derick Spaulding is the Board Chairperson of Aeci Charter Schools Network. The CEO's salary of Aeci Charter Schools Network is $204,677 and their total compensation is $223,226.
Official website here: www.aeci2charterhs.org
What is the revenue of Aeci Charter Schools Network?
Aeci Charter Schools Network's revenue in 2022 was $20,086,567.
Official website here: www.aeci2charterhs.org
Who are the executives of Aeci Charter Schools Network and what are their salaries?
The average compensation at Aeci Charter Schools Network during 2022 was $64,877. There are 150 employees and 7 volunteers at Aeci Charter Schools Network.
Here are 15 key members and their salaries (Aeci Charter Schools Network's CEO's salary is $204,677 and their total compensation is $223,226):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $204,677
- Related: $0
- Other: $18,549
- Compensation: $192,094
- Related: $0
- Other: $42,721
- Compensation: $167,402
- Related: $0
- Other: $41,308
- Compensation: $141,500
- Related: $0
- Other: $47,900
- Compensation: $137,200
- Related: $0
- Other: $23,300
- Compensation: $131,900
- Related: $0
- Other: $23,500
- Compensation: $119,600
- Related: $0
- Other: $15,500
- Compensation: $119,000
- Related: $0
- Other: $28,400
Official website here: www.aeci2charterhs.org
Where can I find the form 990 for Aeci Charter Schools Network?
Aeci Charter Schools Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aeci2charterhs.org
Learn more at the official website: www.aeci2charterhs.org
Mission Statement of Aeci Charter Schools Network
AECI Charter Schools Network is dedicated to establishing a robust college preparatory academic program that equips students with the essential skills, knowledge, and practical experience needed to chart a course toward higher education and a career in the computer, engineering, or innovation industries. The organization's mission lies in creating an educational environment that fosters academic rigor and provides students with a strong foundation for future success. By offering a comprehensive curriculum and hands-on learning opportunities, AECI enables its students to explore their potential and develop the necessary competencies to thrive in the rapidly evolving world of technology and innovation. Through a commitment to excellence and a focus on nurturing each student's unique talents, AECI prepares its graduates to make a meaningful impact on their communities and pursue fulfilling careers in their chosen fields.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Aeci Charter Schools Network has a significant impact on the educational landscape, particularly in the Bronx, NY. Its mission centers on creating a rigorous college preparatory academic program tailored for students aspiring to enter the fields of computer, engineering, or innovation industries. By providing students with a strong foundation of essential skills, knowledge, and practical experiences, Aeci equips them with the tools necessary to succeed in higher education and future careers.
Through this focused approach, the network fosters a culture of academic excellence and real-world readiness, helping students navigate their educational journeys with confidence. The emphasis on relevant industry skills ensures that graduates are not only prepared for college but also possess the competencies that are highly sought after in today’s job market. This dual focus on education and career preparedness enhances students’ prospects and contributes to the broader goal of elevating community outcomes in the Bronx. Overall, Aeci Charter Schools Network plays a crucial role in shaping the futures of its students and the communities it serves.
This information is meant to be a general summary of Aeci Charter Schools Network. 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.
- Investment Income: $14,931
- Program Service Revenue: $16,084,025
- Gross Receipts: $20,086,567
Assets and Liabilities:
- Total Assets: $7,802,134
- Total Liabilities: $1,506,129
- Net Assets: $6,296,005
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PER PUPIL FEES
Revenue
$14,962,775
FACILITIES SUBSIDY
Revenue
$1,121,250
Organization Details
Founding Year
2018
Phone
(646) 741-7470Principal Officer
Derick Spaulding
Main Address
423 E 138TH STREET, BRONX, NY, 10454
Website
www.aeci2charterhs.orgNTEE Category
Code: B29 - Education
If you are a representative of Aeci Charter Schools Network and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.