Overview
What is Rising Star Academy Of Nj A Nj Profit Corporation?
Rising Star Academy of NJ, a New Jersey-based profit corporation, operates a comprehensive K-12 educational institution, encompassing a pre-school program. Their mission is to establish and manage primary, secondary, and higher education institutions, providing essential facilities such as dormitories and libraries. Located in Union City, New Jersey (07087), this college-preparatory school system, known as Rising Star Academy, serves the community in Hudson County, offering an all-encompassing educational experience to its students.
Official website here: www.rsanj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (52%)
Rising Star Academy Of Nj holds a low rating of 52% from Charity Navigator, reflecting significant concerns regarding its governance and financial accountability. The absence of independent board members and missing essential policies, such as conflict of interest and whistleblower protections, raises red flags about the organization's operational integrity and transparency.
While the organization has demonstrated a strong program expense ratio at 100%, indicating that all funds are directed towards its programs, other areas of accountability are lacking. The absence of financial statements and board meeting minutes further detracts from its overall trustworthiness. This lack of documentation could hinder potential donors from making informed decisions.
Despite these limitations, the academy shows some positive indicators, such as a low liabilities to assets ratio, which suggests sound financial management in terms of debt. However, the overall governance issues need to be addressed to enhance credibility and donor confidence in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Rising Star Academy Of Nj A Nj Profit Corporation legitimate?
Rising Star Academy Of Nj A Nj Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rising Star Academy Of Nj A Nj Profit Corporation 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: $639,576
For more financial information, click here
Official website here: www.rsanj.org
What is the mission statement of Rising Star Academy Of Nj A Nj Profit Corporation?
Rising Star Academy of NJ, a profit corporation, is dedicated to establishing and managing pre-school, elementary, high school, and higher education institutions. These institutions encompass educational facilities such as dormitories and libraries. The academy operates as a college-preparatory school system, serving the community in Hudson County, with a focus on providing education from pre-school to the 12th grade.
Official website here: www.rsanj.org
Who is the CEO of Rising Star Academy Of Nj A Nj Profit Corporation?
Rafat Ewais is the Chairman of Rising Star Academy Of Nj A Nj Profit Corporation.
Official website here: www.rsanj.org
What is the revenue of Rising Star Academy Of Nj A Nj Profit Corporation?
Rising Star Academy Of Nj A Nj Profit Corporation's revenue in 2022 was $1,030,364.
Official website here: www.rsanj.org
Who are the executives of Rising Star Academy Of Nj A Nj Profit Corporation and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.rsanj.org
Where can I find the form 990 for Rising Star Academy Of Nj A Nj Profit Corporation?
Rising Star Academy Of Nj A Nj Profit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rsanj.org
Learn more at the official website: www.rsanj.org
Mission Statement of Rising Star Academy Of Nj A Nj Profit Corporation
Rising Star Academy of NJ, a New Jersey profit corporation, is dedicated to establishing and operating pre-school, elementary, high school, and higher education institutions. This encompasses the operation of educational facilities such as dormitories and libraries. The organization's mission, as a college preparatory PK-12 school system, is to serve the community in Hudson County. Rising Star Academy aims to provide a comprehensive educational environment that prepares students for their future academic pursuits, offering a range of educational facilities and programs from pre-school to higher education.
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Impact
July, 2024
Rising Star Academy of NJ, a NJ profit corporation, has a significant impact on the community in Hudson County by providing a college preparatory PK-12 school system. Their mission is to offer educational facilities such as dormitories and libraries to establish and operate pre-school, elementary, high school, and higher education institutions. By operating a private K-12 school that includes pre-school services in Union City, New Jersey, Rising Star Academy is contributing to the educational development and success of students in the area. Their focus on education is evident in their dedication to preparing students for higher education and future endeavors.
This information is meant to be a general summary of Rising Star Academy Of Nj A Nj Profit Corporation. 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.
- Program Service Revenue: $580,290
- Gross Receipts: $1,030,364
Assets and Liabilities:
- Total Assets: $549,800
- Total Liabilities: $501
- Net Assets: $549,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$580,290
Organization Details
Principal Officer
Rafat Ewais
Main Address
4613 COTTAGE PL, UNION CITY, NJ, 07087
Website
www.rsanj.orgNTEE Category
Code: B25 - Education
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