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Community Education Center Inc

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

EIN: 841457078 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Community Education Center Inc?

Community Education Center Inc, based in Denver, Colorado, is a nonprofit organization that plays a significant role in supporting Bromley East Charter School. Their primary function involves providing essential facilities to the school and managing the debt associated with these facilities. This commitment to education and community development extends to the Bromley East Charter School, demonstrating their dedication to contributing positively to the local educational landscape.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Star rating)

Community Education Center Inc has received a One-Star rating from Charity Navigator, indicating concerns about its accountability and financial performance despite some strengths. The organization has scored well in areas such as audit performance and program expense ratio, achieving a full score of 25 out of 25 for its program expenses being dedicated entirely to its mission.

However, the charity faces significant challenges, particularly with a high liabilities to assets ratio, which received a score of 0 out of 15. This suggests potential financial instability that may impact its long-term sustainability. While the presence of a conflict of interest policy and thorough documentation of board meeting minutes reflect positive governance practices, the overall low score highlights the need for improvement in financial management.

In summary, while Community Education Center Inc shows promise in its program delivery and governance, the organization must address its financial health to enhance its rating and assurance to donors.


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

Is Community Education Center Inc legitimate?

Community Education Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Education Center 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

What is the mission statement of Community Education Center Inc?

The Community Education Center Inc primarily focuses on assisting Bromley East Charter School. It provides necessary facilities to the school and manages the debt related to these facilities. The center's role is essentially to support the school's infrastructure needs and financial obligations associated with it. While the center does not have a traditional mission statement as other organizations might, its function can be summarized as providing essential support to Bromley East Charter School in terms of facilities and debt servicing.

Who is the CEO of Community Education Center Inc?

Bart A Skidmore is the President of Community Education Center Inc.

What is the revenue of Community Education Center Inc?

Community Education Center Inc's revenue in 2023 was $1,250,454.

Who are the executives of Community Education Center Inc and what are their salaries?


Here are 4 key members and their salaries:


Peter Padilla (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Saldivar (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Frazier (Director)
  • Compensation: $0
  • Related: $114,716
  • Other: $23,821
Jennifer Shaver (Director)
  • Compensation: $0
  • Related: $141,088
  • Other: $42,398
Where can I find the form 990 for Community Education Center Inc?

Community Education Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Community Education Center Inc

The Community Education Center, as stated, plays a vital role in supporting Bromley East Charter School. Specifically, it provides essential facilities to the school and manages the debt associated with these facilities. This mission is crucial for the smooth operation and growth of the charter school, allowing it to offer quality education to its students. By taking on this responsibility, the Community Education Center demonstrates its commitment to the community and education, contributing to the overall well-being of the school and its students.

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Impact




July, 2024

Community Education Center Inc's impact lies in its support of Bromley East Charter School by providing facilities and servicing the debt associated with these facilities. This support enables the school to function effectively and meet the educational needs of its students. By providing these facilities, Community Education Center Inc plays a crucial role in ensuring that Bromley East Charter School can continue to deliver quality education to its students in Denver, Colorado.




This information is meant to be a general summary of Community Education Center 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
$1,250,454 (2023)
Expenses
$1,167,060 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $97,577
  • Program Service Revenue: $1,152,877
  • Gross Receipts: $1,250,454

Assets and Liabilities:

  • Total Assets: $20,145,138
  • Total Liabilities: $15,373,044
  • Net Assets: $4,772,094

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Programs

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

Lease Revenue

Revenue

$1,152,877

Organization Details

Founding Year

1998

Principal Officer

Bart A Skidmore

Main Address

1970 S Lafayette Street, Denver, CO, 80210

NTEE Category

Code: B120 - Education

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