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Redwood 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: 834265445 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Redwood Schools Inc?

Redwood Schools Inc, located in Chicago, Illinois, is a dedicated nonprofit organization. Their primary mission is to empower students with literacy struggles, regardless of their socio-economic background or learning differences. They achieve this by providing a range of literacy intervention services, including individual and group tutoring, a full-time day school, and projects extending these services to disadvantaged communities. Redwood utilizes the Wilson Reading System curriculum and employs teachers, learning disability specialists, and other qualified individuals from the Chicago community. With a team of 25 employees, Redwood Schools Inc strives to cultivate hope and restore confidence in its students, enabling them to significantly improve their literacy skills.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.

Redwood Schools Inc has received a Two-Star rating due to its overall performance in accountability and finance, scoring 69%. The organization demonstrates strengths in governance with 71% of its board members being independent and maintaining a solid board size of five independent members. Notably, it has a high program expense ratio of 99.65%, indicating that nearly all of its expenses are directed toward its programs.

However, there are significant limitations in its financial transparency, as the organization has no financial statements available, which resulted in a score of zero in that category. Additionally, essential policies such as a whistleblower policy and a document retention and destruction policy are missing, which raises concerns about the organization's internal governance practices. The absence of these documents on its website and the tax form further affects its overall accountability rating.


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

Is Redwood Schools Inc legitimate?

Redwood Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,404

For more financial information, click here

What is the mission statement of Redwood Schools Inc?

Redwood Schools Inc exists with the mission of providing opportunities for students struggling with literacy, irrespective of their socio-economic background or learning differences. The organization strives to foster hope and restore confidence in these students, aiming to significantly improve their literacy skills. Redwood achieves this by offering various interventions, including individual session tutoring, small group tutoring, and a full-time day school. Furthermore, they extend their services to disadvantaged communities, employing the Wilson Reading System curriculum and engaging qualified educators and learning disability specialists.

Who is the CEO of Redwood Schools Inc?

Becky Sinclair is the Executive Director of Redwood Schools Inc.

What is the revenue of Redwood Schools Inc?

Redwood Schools Inc's revenue in 2022 was $1,554,639.

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

The average compensation at Redwood Schools Inc during 2022 was $27,856. There are 25 employees and 10 volunteers at Redwood Schools Inc.


Here are 8 key members and their salaries:


Becky Sinclair (Executive Director)
  • Compensation: $124,583
  • Related: $0
  • Other: $0
Kait Feriante (President)
  • Compensation: $54,167
  • Related: $0
  • Other: $0
Todd Woefl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Lara (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Galeener (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Germaine Sibley Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaitlin Larson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Saunders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Redwood Schools Inc?

Redwood Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Redwood Schools Inc

Redwood Schools Inc is a nonprofit organization dedicated to helping students with literacy struggles achieve their dreams. By fostering hope and restoring confidence, Redwood aids these students in significantly improving their literacy skills, irrespective of their socio-economic background or learning differences. The organization accomplishes this mission through various methods, such as individual session tutoring, small group tutoring, a full-time day school, and projects that offer similar services to individuals from disadvantaged communities. Redwood employs the Wilson Reading System curriculum and relies on qualified teachers, learning disability specialists, and other skilled members of the Chicago community to deliver these services.

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Impact




July, 2024

Redwood Schools Inc's impact is profound in the field of education. By providing literacy intervention through individual session tutoring, small group tutoring, a full-time day school, and projects aimed at assisting individuals from disadvantaged communities, Redwood is instrumental in helping students dramatically improve their literacy skills. This organization's use of the Wilson Reading System curriculum, along with employing teachers, learning disability specialists as contractors, and other qualified members of the Chicago community, is making a significant difference in ensuring that all students, regardless of socio-economic background or learning differences, can access their dreams through enhanced literacy.




This information is meant to be a general summary of Redwood 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
$1,554,639 (2022)
Expenses
$1,479,010 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $373
  • Program Service Revenue: $1,340,152
  • Gross Receipts: $1,554,639

Assets and Liabilities:

  • Total Assets: $715,588
  • Total Liabilities: $376,188
  • Net Assets: $339,400

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Programs

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

TUITION INCOME

Revenue

$1,340,152

Organization Details

Founding Year

2019

Principal Officer

Becky Sinclair

Main Address

5959 N SHERIDAN RD, CHICAGO, IL, 60660

NTEE Category

Code: B20 - Education

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